1968 Shelby 500KR

[Jim Maxwell]

To the Big Snake: I am proud that you are man enough admit on this forum to wearing skirts. Is this all the time or only at home? (Just kidding!)
Actually, a fair question. I priced the car to the owner a year ago and they offered to let me buy it then. I refused because I perceived a conflict of interest. Almost 11 months later, my Cobra partner, Tom Cotter, called and asked if the Shelby had been sold. I had not been in contact with the owner for many months, but I called and asked and it turned out they had just submitted an ad to sell it. I asked the price, they told me, and I said I would we would buy it at that price.I didn't re- research the market and they didn't ask me to do so. I didn't write the ad or set the price at that time. I felt the lapse of time and my non-involvement for many months removed the conflict. I paid what I think is a very fair current market value for the car--we didn't get any "steal". However, I think the value of the car will continue to rise and we will come out ahead after some minor restoration(steering wheel needs restoration) and replacing missing and incorrect parts ( an NOS shifter has already been acquired). After the purchase, I registered the car with SAAC. They advised me this one of 10 1968 500 KR fastbacks with 4-speed, red paint, A/C, and tilt wheel. All the documentation match the SAAC records. By the way, these cars drive like battleships with loose rudders! No steering feel whatsoever. But they go like a scalded dog in a straight line!