Autoblog and Yahoo may earn commission from links in this article.This 1968 Ford Shelby Mustang GT350 is one of the heavy hitters from Shelby's late-60s muscle car roster. Dressed in Acapulco Blue over black Décor, it's one of just 528 fastbacks with a factory four-speed manual out of 1,053 built that year. Restored in 1999-2000, picked up by its current owner in 2022, and now up for grabs, it shows 26,000 miles on the clock – but the real mileage is anyone's guess.1968 Ford Shelby Mustang GT350Bring a TrailerWhat It's Worth Right NowClassic.com market data shows the first-generation 1967-1968 Ford Shelby Mustang GT350 averaging $178,749 across 10 recorded sales over the past year. The highest recorded sale reached $275,000, while the lowest sale came in at $106,700. Total transaction volume sits at roughly $1.8 million across those sales.AdvertisementAdvertisementThat spread highlights just how much originality, transmission choice, mileage, and overall condition influence GT350 values. Highly original manual-transmission cars tend to sit near the top of the range, while automatic cars and examples with higher mileage generally trade for less. The market also includes several restored and preserved cars currently listed between about $117,500 and $197,000, with another restored example asking $165,000.1968 Ford Shelby Mustang GT350Bring a TrailerAs of the listing, bidding sits at $15,000 with seven days remaining, which is simply an early auction number rather than an indication of final value. Given recent comparable sales and the GT350's factory manual transmission, this car is likely to attract stronger bidding as the auction approaches its closing date.Condition and DetailsThis GT350 wears its original Acapulco Blue paint and black Décor interior like a badge of honor. Restored by H&K Auto Restoration in Omaha back in 1999-2000, it still rocks all the Shelby hallmarks: fiberglass hood with ram-air scoops and hood pins, ducktail spoiler, quarter-panel scoops, and that unmistakable Shelby bodywork.1968 Ford Shelby Mustang GT350Bring a TrailerStep inside and you'll find most of the original kit still in place: Interior Décor Group, Visibility Group, Sport Deck rear seat, tilt-away steering wheel, tach, and woodgrain center stack. The seller swapped out the blower motor and heater core in 2022, and threw in an AM/FM radio plus retrofitted air conditioning to make cruising a bit more civilized.1968 Ford Shelby Mustang GT350Bring a TrailerUnder the hood sits the original-style 302 V8 with a factory Holley four-barrel carb, good for 250 horsepower and 310 lb-ft of torque when new. It's hooked up to a factory four-speed manual sending power to the rear wheels. The engine got a rebuild during the late-90s restoration, and the fuel tank is fresh as of 2022.1968 Ford Shelby Mustang GT350Bring a TrailerAdvertisementAdvertisementThe OfferSpecificationDetailMakeFord ShelbyModelMustang GT350 FastbackYear1968Mileage26,000 miles shown (TMU)Engine302-cu.in. (4.9-liter) V8 with Holley four-barrel carburetorPower250 hp / 310 lb-ftTransmissionFour-speed manualDrive TypeRear-wheel driveExterior ColorAcapulco BlueInterior ColorBlack knitted Décor upholsteryLocationScottsdale, ArizonaInterested in this 1968 Ford Shelby Mustang GT350? View the listing here.What Makes the 1968 Ford Shelby Mustang GT350 UniqueThe 1968 GT350 marks the end of Shelby's run with the original Mustang body before the 1969 redesign took over. Earlier GT350s were all about race-bred attitude, but the '68 mixed in more comfort gear, making it a street car you could actually live with – without losing those Shelby-only looks and chassis tweaks.1968 Ford Shelby Mustang GT350Bring a TrailerManual GT350s are the ones everyone wants, and for good reason – only 528 out of 1,053 fastbacks got the four-speed. Add in documented restoration, a Deluxe Marti Report, and production records, and you've got a spec sheet that'll make collectors sit up and take notice.Final ThoughtsThis GT350 nails the big stuff that matters to Shelby fans: factory color, manual gearbox, documented restoration, and period-correct gear. The odometer says 26,000 miles, but with total mileage unknown, treat it as TMU – not a guaranteed low-mileage unicorn.AdvertisementAdvertisementWith bidding just getting started, this one's worth keeping an eye on. If it lands in the same ballpark as recent comps, it'll be another strong data point for one of the most iconic late-60s Shelbys out there.Disclaimer: This post is for informational purposes only. We are not a dealership or broker. All vehicle specifications, pricing, and availability are subject to change without notice. We are not responsible for typographical errors, omissions, or the accuracy of the provided information. Please verify all details directly with the seller.Autoblog aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.This story was originally published by Autoblog on Aug 21, 2026, where it first appeared in the Car Buying section. Add Autoblog as a Preferred Source by clicking here.
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