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1968 Shelby Mustang GT500KR Convertible: market value and price history

1968 Shelby Mustang GT500KR Convertible Market Value & Price History

The 1968 Shelby Mustang GT500KR Convertible has a current market value of $230,395 as of Oct 13, 2026, based on 14 verified auction sales tracked by DriveIndex, with half of the verified USD sales since 2021 between $167,777 and $220,000. Based on US sales through Sep 17, 2026. 4 have sold in the past 12 months, and 1 is listed for sale at $140,000. The median sale price is up 16.3% over the past 12 months versus the prior year.

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Market Value
$230,395
Sales through Sep 2026
Median Sale
$205,250
Typical Range
$167,777 – $220,000
middle half of sales · full $132,000–$285,000
Auction Sales
14
Avg Mileage
47,364
For Sale
1
Last checked Oct 12, 2026
Original MSRP
$4,807

Data: DriveIndex. 14 verified auction sales for the 1968 Shelby Mustang GT500KR Convertible, latest sale Sep 17, 2026. Value as of Oct 13, 2026. Methodology

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1968 Shelby Mustang GT500KR Convertible For Sale (1)

Last checked Oct 12, 2026

53-Years-Owned 1968 Shelby Mustang GT500KR Convertible
Mileage n/a · Bring a Trailer ↗
$140,000
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1968 Shelby Mustang GT500KR Convertible Price History

The median 1968 Shelby Mustang GT500KR Convertible sold for $187,500 in 2025, against $207,000 in 2023. Each row is the median of the verified sales recorded in that calendar year, so it moves with the mix of mileages and options that came to market as well as with the market itself.

YearMedian saleSales
2025$187,5006
2023$207,0003

Years with fewer than three verified USD sales are omitted — a one-sale “median” is a single car, not a market.

Recent 1968 Shelby Mustang GT500KR Convertible Auction Results

SoldPriceMileageGearbox
Sep 17, 2026$232,65017,000 miAutomatic
Mar 21, 2026$203,50026 miAutomatic
Oct 25, 2025$275,000336 miAutomatic
Oct 18, 2025$132,000—Automatic
Sep 16, 2025$285,00042,000 miAutomatic
Aug 4, 2025$155,00096,000 miManual
Jul 8, 2025$220,00058,000 miManual
Apr 24, 2025$150,00033,000 miAutomatic
Oct 28, 2023$207,00073,000 miManual
Oct 21, 2023$167,77761,000 miManual
Feb 13, 2023$211,42858,000 miAutomatic
May 27, 2022$210,00058,000 miManual
Jan 28, 2022$187,000—Automatic
Apr 20, 2021$203,00072,000 mi—

Verified results from the world's leading collector-car auction houses and marketplaces.

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1968 Shelby Mustang GT500KR Convertible: Frequently Asked Questions

How much is a 1968 Shelby Mustang GT500KR Convertible worth?

A 1968 Shelby Mustang GT500KR Convertible is worth approximately $230,395 as of Oct 13, 2026, based on 14 verified auction sales tracked by DriveIndex. Based on US sales through Sep 17, 2026. Half of all verified sales fall between $167,777 and $220,000; the full verified range is $132,000 to $285,000. Condition, mileage and options move an individual car within that band.

How much did a 1968 Shelby Mustang GT500KR Convertible cost new?

The 1968 Shelby Mustang GT500KR Convertible carried an original MSRP of $4,807. Verified examples now trade around $230,395.

How much has the 1968 Shelby Mustang GT500KR Convertible depreciated?

It hasn't depreciated. The 1968 Shelby Mustang GT500KR Convertible is worth about 4693% more than its original MSRP of $4,807, with verified examples now trading around $230,395. That compares today's value with the sticker price, not adjusted for inflation.

How many 1968 Shelby Mustang GT500KR Convertible sell per year?

4 have sold at auction in the past 12 months. DriveIndex has tracked 14 1968 Shelby Mustang GT500KR Convertible sales in total.

Are 1968 Shelby Mustang GT500KR Convertible sale prices higher or lower than a year ago?

The median 1968 Shelby Mustang GT500KR Convertible sale price is up 16.3% over the past 12 months versus the prior year, based on verified auction sales. That figure tracks the median of what actually sold, so it moves with the mix of mileages and options that came to market as well as with the market itself. The full Value Signal classification (appreciating, stable, bottomed, or depreciating) and its 1–5 year projection are part of DriveIndex Pro.

Where can I buy a 1968 Shelby Mustang GT500KR Convertible?

DriveIndex lists 1 1968 Shelby Mustang GT500KR Convertible for sale, priced from $140,000 to $140,000 (last checked Oct 12, 2026). DriveIndex aggregates for-sale listings and auction results from the world's leading collector-car auction houses and marketplaces.

More Shelby Models

Shelby GT500$56,650–$311,656Shelby GT350$91,816–$697,639Shelby GT500 Convertible$129,936–$260,611Shelby Series 1$153,054Shelby Cobra 289$858,000–$1,026,700Shelby Cobra 427$1,365,000–$1,390,000Shelby 289 Cobra$830,350Shelby Mustang GT500$175,422Shelby 427 Cobra$1,265,441No comparable sale since Jan 2026Shelby Mustang GT350$150,335Shelby Cobra CSX6000$172,700No sale since Jan 2026Shelby Mustang GT350 Convertible$147,778Shelby Mustang GT500KR Fastback$190,259Shelby GT350 Convertible$119,706No comparable sale since Aug 2024Shelby Mustang GT500 Convertible 4-Speed$168,262–$173,950Shelby Cobra 260$634,850No sale since Jan 2020Shelby Mustang GT350 Fastback$96,675No sale since Dec 2025Shelby 289 Competition Cobra$1,447,875No comparable sale since Aug 2013
All Shelby models →
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