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This 1968 Shelby Mustang GT350 Convertible Costs As Much as a 2024 Porsche 911 Carrera 4

1968 Ford Mustang Shelby GT350 getting auctioned off 34 photos
Photo: Bring a Trailer/autoevolution
1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off1968 Ford Mustang Shelby GT350 getting auctioned off
If you’re in the market for a true classic Mustang with collectible status, then you’ve come to the right place because they don’t get more collectible than early-to-mid first-generation models. Basically, anything between 1964 and 1968 should do the trick.
On the flip side, those super early Mustangs aren’t as fun to drive as 1969 and later cars, but they sure are pretty, especially when properly maintained. If you also factor in a rare-ish specification, then you might really have something special on your hands.

Take for example the Shelby GT350, boasting a series of exterior and mechanical modifications over the standard car. Shelby American started building these almost immediately after the debut of the original Mustang. In fact, Carroll Shelby wanted his cars to look a lot more aggressive than the stock vehicles, and he definitely got his wish after 1967 when the Mustang earned redesigned front and rear fascias.

The GT350 came with these subtle hood scoops, new horizontal sequential taillights, a rear spoiler, plus a series of upgrades to the interior. Initially, these cars were powered by an iron-block 289 ci V8 rated at 306 horsepower and 329 lb-ft of torque, but for the 1968 model year, that unit made way for a 302 ci V8, rated at 250 horsepower.

It is one such car that we’re admiring here today, in this gorgeous Highland Green 1968 Shelby GT350 convertible. The car is currently up for grabs to the highest bidder, and its future owner will definitely be interested to know that back in December of 2022, this Mustang sold for $126,000. That’s roughly the price of a brand-new 2024 Porsche 911 Carrera 4.

Let’s take a quick look at some of its most notable features, starting with the fiberglass ventilated hood with the ram-air scoops, the ducktail rear spoiler, fender extensions, quarter panel scoops, white rocker stripes, black convertible top, and dual exhaust outlets poking out from below the rear valance.

1968 Ford Mustang Shelby GT350 getting auctioned off
Photo: Bring a Trailer
We also dig the ten-spoke 15” wheels with Shelby Cobra center caps and Goodyear Speedway white-letter tires. Also, this car comes with power steering and power-assisted front discs.

Inside, there’s black vinyl upholstery (in place of the factory-standard saddle interior), and you also get the Décor Group and Visibility Group – heater with a defroster, center console, faux woodgrain trim, roll bar, seatbelts, a two-spoke woodgrain steering wheel and Shelby Cobra badging.

As for the 302 ci V8, it was factory-rated at 250 hp like we said, to go with its 310 lb-ft of torque. Everything now gets sent to the rear wheels via a replacement C4 three-speed automatic gearbox.

Overall, while this car is undoubtedly pleasant to drive, it kind of belongs on display somewhere rather than parked in someone’s driveway. But maybe we're wrong.
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About the author: Sergiu Tudose
Sergiu Tudose profile photo

Sergiu got to experience both American and European car "scenes" at an early age (his father drove a Ford Fiesta XR2 supermini in the 80s). After spending over 15 years at local and international auto publications, he's starting to appreciate comfort behind the wheel more than raw power and acceleration.
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