Thread: 1967 Gt500
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Old August 8th, 2007, 10:30 AM
John76 John76 is offline
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Re: 1967 Gt500

I am impressed whenever someone can buy a car and hold on to it for forty years. With financial pressures from kids and a wife nagging for them to "get rid of that old mustang" it is inspiring when someone can show up in their 60's with a car they bought and loved in their 20's.
However, the true test will come in the next forty years...with sky rocketing values they are breathing investments. It is easier to hold on to something that you paid a few thousand dollars for 30 years ago when money is tight, then to hold on to something worth a 100 plus thousand dollars when money is tight.
Also what makes these cars valuable? Is it moments like when i took dad for a ride and he recounted living his whole life in LA, living a few miles from where Shelby built these cars and seeing them in the dealership and around town? Or stopping at Barney's Beanery for a burger and him telling me how this was one of Jim Morrison's favorite bars and i can only imagine his nightmist blue 67 GT 500 parked outside then later wrecked a 1/4 of a mile up road on Sunset Blvd. Are they valuable b/c guys like my dad remember the cars, the Shelby mystique and what these cars represent...youth and a better time? What about the later generations who's only connection to a 67 GT 500 is seeing Nicholas Cage drive a cloned Shelby in Gone In Sixty Seconds?
Will they still as valuable?
I am 30 yrs old...I own a 67 and 68 GT 500. None of my friends own Shelbys. And with prices rising everyday will be will they be out of reach for the next generation to get involved ?
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