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Garage Find Shelby! 1969 Shelby Mustang GT500

Offered for the first time in 30 years, this 1969 Shelby GT500 seeks a new owner here on craigslist in Pensacola, Florida, where $37,000 will make it yours. Three hastily-snapped pictures and an 18-word teaser listing suggest the seller enjoys answering the same questions over and over by phone and has plenty of time to spend on-site with potential buyers. The non-original 428 cid V8 will certainly affect the sale price, bringing it into scope for folks who couldn’t afford a more complete specimen. Luckily, compared to the typical nondescript flipper car, this one should come with plenty of answers owing to the lengthy ownership. Thanks to reader Chuck F. for spotting this long-hobbled Mustang.

The 1969 Mustang Sportsroof (fastback) makes a racy pony car, especially in Trans Am form. The Shelby GT500 represents the ultimate over-the-top Mustang, and the last year of the Shelby Mustang, though some were sold as 1970 models (thanks to danjedlicka.com for some details). This one has had its restoration started, which may have included a replacement right rear quarter-panel and the removal of a plywood wing from the trunk lid (just kidding… I hope).

Luckily the car survived an apparent attack by a 12-year-old wielding a paintbrush. Ford’s more muscular ’69 Mustang translated into a beefier-looking Shelby as well. Shelby’s team extended the nose, added unique front fenders, air ducts, and scoops, with Cougar-style sequential tail lights at the rear. Originally Pastel Grey with the Stripe Delete option, this would have been fairly subdued as Shelby Mustangs go. For enthusiasts who may have given up on owning a classic Shelby due to crazy prices of perfect ones, this solid-looking imperfect one may be worth a closer look. I hear Florida is nice this time of year. Are you booking tickets to check out this Last of the ’60s Shelby Mustangs?

Comments

  1. Avatar slickb

    Keep it is the way it is!! this thing looks sweet. maybe not for this price but still looks cool! I am however more interested in that 77-78 firebird under the car cover…

    Like 2
  2. Avatar Beaver

    Am I wrong or are there some big time beefy tires and wheels on the rear! I would need a inspection done before I would bid but bid I might!

    Like 3
  3. Avatar RP

    $30K for what’s left of an American classic? I dunno about that. It looks like it might cost at least $20K to bring it back to original, and I would never rat-rod or modify a Shelby. But that’s just me.

    Like 3
    • Avatar Des Ryan Member

      20K to restore a Shelby Mustang? In the 80s maybe. Bringing that thing back to “original” is an 80-100K endeavor these days.

      Like 2
  4. Avatar JBD

    Easily a $100k car done! I would like to know what is missing also?

    Like 7
  5. Avatar Troy s

    Wow, too bad it isnt listed with more photos. Looks to have one drag slick on the driver’s side,,..I know the 428 cobra jet had some real grunt off the line but that’s taking it a bit far, hahaha.
    These later Shelby’s were nothing more than dolled up cobra jet Mach 1’s, little to no input from the man himself, but they’re sharp looking cars. Terrible ram air hood just like the ’71 Boss 351, all for show. Heard of a guy removing the rubber groment sealing the air cleaner to the hood and picked up nearly a full second(!!!!)in the quarter mile on a Boss351. Strange.

    Like 5
  6. Avatar phil schmidt

    google street 2015 view shows same car same driveway spot along with 5 other classic autos. best to check out in person.

    Like 1
  7. Avatar stillrunners

    The only Shelby I got my dad to go look at was a 1969….non-runner just under $2500 in the late 70’s or early 80’s….it had a nice body….but again couldn’t see the potential. Tad to much for this one….

    Like 1
  8. Avatar Mike

    I’d leave it just the way it is, and drive it like I stole it…..rattle can finishes are my kind of taste.

    Like 1
  9. Avatar Poncho

    Hmmm. A lot of work to go for almost $40k start. It is a Shelby so someone may ‘pony’ up the green to get their dream Shelby. I personally would hold out for a Shelby GT 500 KR Convertible, but that is probably pure unobtanium.

    Like 0
  10. Avatar OLD SKOOL

    over priced crack pipe smoking dreamer!!!!

    Like 0
  11. Avatar JoeNYWF64

    I’ve NEVER seen front tires like those – i bet no one could reproduce those today – lost art!

    Like 0
  12. Avatar Chris

    Every angle of the car tells me it’s not a real Shelby. The back decking was black not chrome, the lights at the front are missing, the front bumpers do not match, the hood does not have the REAL curve to it. It’s a wannaby not a Shelby

    Like 0

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