Rare Convertible: 1968 Shelby Cobra GT350

An Iconic First-Generation Mustang

The 1968 Shelby Cobra GT350 stands as a testament to the golden era of muscle cars, embodying the spirit and performance of the first-generation Ford Mustangs. Initially crafted by Shelby American in California from 1965 to 1967, production shifted to Ford’s Michigan facilities from 1968 through 1970, with Shelby’s continued involvement. This particular 1968 edition is especially rare as one of only 404 convertibles produced, a fact verified by the seller’s Marti Report. However, enthusiasts should be prepared for both a restoration project and a significant investment.

Under the Hood: Engine and Performance

The 1968 model marked a transition for the Shelby GT350, introducing a new power train. Replacing the previous K-code 289 cubic inch V8 was a robust 302 V8 engine, delivering 250 horsepower, enhanced by a high-rise intake manifold that added an extra 20 horsepower. The GT350’s sibling, the GT500, boasted a 428 Police Interceptor engine with a formidable 360 horsepower. These Michigan-built Shelby’s also featured distinctive sequential, horizontally mounted tail lights borrowed from the Mercury Cougar.

Historical Insights from the Marti Report

The vehicle’s history is largely documented by the Marti Report, which provides detailed production data. Of the 404 convertibles produced in 1968, 238 were painted Highland Green, the most popular color of that year and the original color of this car. While the paint may be an older repaint in need of restoration, the car shows some areas of primer, and the presence of rust is uncertain. The odometer reads 68,000 miles, a plausible figure considering its prolonged storage from 1980 until 2018.

Mechanical Condition and Restoration Needs

This Shelby GT350 is not just a pretty face; it has had significant mechanical work done. The engine, manual transmission, and rear axle have been rebuilt within the last 2,500 miles. All original tags (VIN, dash, door, etc.) remain intact, maintaining its authenticity. The car was originally equipped with factory air conditioning, and the convertible top has been replaced. However, the interior will require some attention to bring it back to its former glory.


Location and Pricing

Currently located in Baton Rouge, Louisiana, this classic beauty is listed for sale on Facebook Marketplace for $95,000. While this platform is known for everyday items like furniture and kitchenware, it also hosts such automotive treasures. Given the rarity and the work required, potential buyers might ponder: is $95,000 a fair asking price for this piece of automotive history?

Final Thoughts

Owning a 1968 Shelby Cobra GT350 convertible is not just about possessing a car; it’s about holding a piece of American muscle car heritage. With its unique features and storied past, this Shelby offers a blend of restoration challenge and collectible value. If you’re a classic car aficionado with a passion for restoration, this rare GT350 could be the gem you’ve been searching for.

Our mission is to take you on a thrilling ride down memory lane, exploring the history, design, and unforgettable moments that define the golden era of automobiles.

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