Two GT500 Mustangs Found After 15 Years Are Now Worth a Fortune

Posted by: Jesse Kleib on 11/16/2021

For those seeking out classic cars, it’s crazy to think about how many are hiding away. There are cars around the world just hiding out in garages. One day, perhaps they will be stumbled upon and act as a sort of grand treasure. The exciting part is that we have no idea what’s out there. There are cars that could be stashed and considered the holy grail. On the other hand, though, they could’ve been destroyed years ago. The odds of finding one are pretty low. However, when it does happen, it’s something truly amazing.

It just so happened that a dealership by the name of “Classic Cars of Sarasota” stumbled into such a situation. When uncovering a pair of rare mustangs, we’re not sure that anyone had an inkling of just how rare they would be. Imagine one day just coincidentally running into something that’s more valuable than the average American home.

Now, for those looking to obtain the cars, unfortunately, one is gone. Both machines are 1968 Shelby GT500s. The machine that had been sold was only classified as the year, make, and model. We don’t have much info beyond that. However, with the one that’s left, we were able to get more information. The car is the same year, 1968. However, instead of Shelby GT500, it is a Shelby GT500 KR. Initial values seem to insist that the car is worth somewhere close to $100,000. It is also seen as a machine that is in stable enough condition to consider a restoration.

By following along with the video below, we get an inside look at what a pair of cars like this looks like. It’s simply not very often that we come across machines like this. Being able to be a party to such history and value is something that we don’t see every day. We would love to have the chance to be put in a situation like this.