1968 Ford Mustang Shelby GT500KR 7.0 litre from Australia and New Zealand


Wonderfully stylish, smooth, muscular and powerful - and daily usable


Bear in mind that this is a fully rebuilt car from one year's ownership - absolutely nothing of any note.

General Comments:

This car is now quite firmly my favorite every other day.

The name GT500 here, really ought to stand for guaranteed to get you 500 miles without question.

Before we begin, this is no ordinary run of the mill 1968. This GT50 has been rebuilt to better than factory specs, with much love and careful consideration - with added subtle modifications to the original in various areas undertaken to make it perform better and to be daily drivable.

Number 1 rarity for this car has to be the stark polar white paint, as well the "stripe delete" option that precludes the use of bonnet, roof and twin tail stripes, but leaves the above sill ident stripes intact. They read GT500KR on BOTH sides of the car. This car has been subject of a fully hand rubbed, cut & prep, and has subsequently had a three coat hand applied enamel finish that is next to diamond hard. It is whiter than the original "Wimbledon White" applied to it.

The lower sill decals identify it as a CJ 428 engined Ford - one manufactured in mid 1968 to full KR spec. I firmly believe the 428 CJ to be one of Ford's better engines; it is totally untemperamental in traffic and feels notably torquey lowdown - from right down as low as 1900 revs, and is at its strongest at about 2600 RPM with most of its power made by just 4900-5100 revs with a redline of 5800. Very tractable, & almost "like a diesel" in this regard, and never ever has trouble at startup, even when hot. It is never so much as harsh, even in hard accelerations.

This car has been re-manufactured as air-condition delete to improve its response at the drag strip and out on the road. This car has been put together with watchmaker tolerances. The vehicle has a full set of hand fabricated 4 branch headers to improve its breathing, aided & abetted by a 3 inch exhaust with 2 low restriction sports mufflers per side. It is fairly "grand touring quiet" at moderate throttle openings.

As a C6 automatic car it has the 3.25 to 1 axle not a 3.50 to 1 and has a "Detroit locker" limited slip differential.

It is now fitted with a set of Bilstein gas pressure shocks.

Has the original 10 spoke aluminium Kelsey Hayes wheels polished to a high lustre - and locking lug nuts fitted. Those 15 by 7 inch alum rims have 235 /65 section Goodyears, and you do not want those wonderful wheels stolen.

The car has a "made for Ford" Pioneer brand HiFi, with provision for an original 8 track layout and four speakers. It retains its original power lift fender mounted aerial.

The front standard "disc brakes" have been uprated to "four pot" rotors from the original "two pot" rotors.

The bonnet is wholly in fibreglass, and is a repro panel with the original single per side louvres cut into it.

The carburetter has been changed from "Ford Autolite" to Holley the "cornering carb", and the engine is now ported and polished - wearing the authentic ribbed "Cobra LeMans" heads.

The car also has a slightly warmer Isky cam, as well as a slight timing advance on the original.

ALL the hoses are new, as well as most of the wiring, including the top hose, and these are SS braided.

The engine has recently posted figures of 347 bhp ON the dyno - these are true reading figures taken AT the rear wheels. Tapley torque readings are equally impressive here on this car at 452 lb/ft at just 2700 revs. The original car was rated 355 bhp SAE at the flywheel, and 440 lb/ft at 2600 revs.

The car wears a NON original but true to GT500 option for 1967, a Shelby sourced Nardi 14.5" wood rim steering wheel.

This car recently wears a thicker front anti roll bar, and the revised steering ratio gives just 2.6 turns L to L instead of the original cars 3.5 turns - it retains its power assist.

All new front coil springs are fitted, as are a set of new rear leaf springs; additionally to this, it has some new traction bars to the rear - these traction bars are painted in Hammerite.

The entire exhaust system, headers to tail, is painted in heat resistant engine paint and shows two 3 & 1/2 inch oval outlets.

SB headlamp bulbs are now replaced by brighter 160 watt per side "halogen bulbs" than the original 115 watt on beam.

The entire underside of the car is zinc plated to be impervious to rust.

Under bonnet, there is a new alternator by MSD and the car now has electronic ignition. It runs noticeably smoother than the original, although with the new exhaust, a deeper note than stock.

The petrol tank is an all new item; a 16.8 gallon in stainless.

The wiper blades have been replaced & the wipers now have 3 speeds instead of 2.

The radiator has been replaced by a larger capacity heat resistant aluminium unit, and the jackshaft driven fan removed in preference of a thermo controlled large diameter Kenlowe style 7 blade fan of 17.8 inches in diameter.

Between the exhaust, the newer Isky cam & the jackshaft relieved of the fan to drive, we have released up to 25 hp from this engine - with the result it feels far crisper. The car only runs a single spread bore 735 CFM 4 bbl carb, and not the twin 4bbl setup of the previous year's PI 428. It still runs the self same 10.5 to 1 compression of the original Cobrajet OHV 428 and requires super fuel.

Ford's 500 performance is quite adequate. It comes less gradually than stock, yet never feels overpowering. 0-60 mph is at a crisp 6.3 seconds, even with the C6 automatic and the longer gearing, while the max velocity is now a true 140. The standing quarter disappears at 13.9 secs with "a consistency" and 100 mph comes up in 15.0 secs exactly, with 120 mph coming by in 17.0 secs exactly. This compares favorably to 14.6 seconds and 17.3 to 100 stock. In a word, this car feels STRONG accelerating through the gears.

It also handles in a more balanced fashion F to R than stock, with less understeer, and is more neutral and steady in a turn.

The newer 4 rotor disc brakes are now more fully "up to the job" for longer on the steeper mountain passes of the south island. The headlamps as well now, with 380 watts combined on beam compared to just 230 watts for the original setup.

All of the body shutlines, including the boot and bonnet, are better than it emerged from the factory with, and so is the paint - mail envelope thin, and far more evenly spaced panel to panel than could be normally expected from a mass produced '68, and the finish has a sheen that under lights becomes apparent (even in white) - where you can read your watch in it.

The whole engine feels as if it were rebuilt by hand, with stronger acceleration by a full half second than original. This, despite the automatic and the longer FD gear set.

These cars are quite far from light at about 3560 lb std fueled. This one weighed in at just on 3700 at 3680lb with the stainless tank with its full quota of 17 gallons aboard.

The modded steering now feels sharper and more communicative than your "power assist recirculating ball" setup should, and with the new springs & thicker front anti roll bar, the car sits flatter through bends than the original. The gas pressure shocks help in this, by more quickly returning the car to a "level equilibrium" after a turn. The initial "turn in" is also better than the stock car owing to both the gas shocks, anti-sway, and new springs.

In short this car drives as well as & even better than new, and it was entirely achieved with Ford supplied parts. It now fills its 140 speedo to the brim & delivers exactly as it says on the can - a consummate, stylish, long distance grand tourer.

The comfort weave front seats also have new foam toppers in, and are recovered now in genuine leather & not in Vynide, as is the headlining and the dash top panel.

The spare is a full size aluminium Kelsey Hayes as well.

With a light foot (hard to do) you can even get as high as 16 MPG, allowing up to 160 miles from a 16 gallon tank at 65 mph, though more generally at 90 mph it's about 13 MPG.

Values for these mint 500s have soared over recent years, and we predict the value of this car at about 172,000 NZD or higher, with a 67 GT350 Paxton recently listed at 149,500 NZD. To drive THIS is to experience a 1968 GT500 KR like no other.

In summary then -

I cannot more highly recommend a car like this to those interested in motoring (particularly long distance drives), & only if you know "when and where" to apply the subtle mods to make it even one better! Will it become a near true GREAT to you rather than merely a "very good" driving example of its era? There's no doubt this is a "very well sorted example" of its breed, & you will go a LONG way to find another like it.

In closing -

I will highly recommend the underrated 69 model GT500 as well, although as I have said, and emphasized, both the 67 and 68s are quite my favorite FORD GT500s of this era, & I think Carrol Shelby himself would be well proud of this example, were he alive today to experience it firsthand, both on road, the drag strip, and out on the handling road course, & you cannot say much fairer than that.

Would you buy another car from this manufacturer? Yes

Review Date: 31st October, 2018

1st Nov 2018, 18:11

Did you have to have that car shipped there or did they sell Mustangs in New Zealand? Just randomly curious.

1968 Ford Mustang Coupe 200 cu in from North America


An attractive classic daily driver


When I purchased this car, it had been the victim of a shady used car dealer who covered up a lot of abuse.

- The rear brakes metal lines were missing.

- A cheap quarter panel had been attached poorly.

- A gallon of bondo had been used to cover up damage and/or rust around one of the headlight bezels.

- The ignition key differed from the door locks, in fact there was no key for the door locks.

- Paint was peeling off the cowl area.

As I drove the car, I fixed things that began to wear out. At the time I was driving it regularly to college about 150 miles a week. All things considered, it was a very dependable car. It had a tendency to use oil and I never fixed the problem, I just kept buying oil.

General Comments:

At the time I had three other cars, one of the which was another 68 Mustang, so I couldn't spend as much repairing one particular car as I would have liked. I tried to restore and repair as much as I could afford with this particular car.

The interior was in great condition, but a lot of routine service had been ignored, so that is where the bulk of my money had been spent.

Six cylinder mustangs were not as desirable at the time as their V-8 counterparts; many of these were driven daily rather than being restored and garaged.

It took awhile for people to notice the 67-68 Mustangs as far as classics, but I found them to be every bit as classic. I eventually sold it locally and saw it occasionally.

Would you buy another car from this manufacturer? Yes

Review Date: 30th March, 2008

31st Mar 2008, 23:39

A great daily driver if you live in a Southern State... Not the best option for winter driving in Canada :)

1st Apr 2008, 16:53

Unless you don't drive it in the winter! My '73 Charger has been my daily driver off and on since 1988, including a few Wisconsin and Colorado winters (which I paid for in rust that had to be repaired in later years). When I could afford it, I parked the Charger in the Fall and drove my beater truck through the winter. Back in the 1960's, there were surely people driving 1968 Mustangs in the winter in Canada because they were "just" cars back then, and people have to drive whatever they have.

17th Jul 2008, 02:31

When I was a junior in high school in 1967, I had a 66 Mustang Sprint 3 speed stick coupe in a color everyone called Sparkling Burgundy. I loved the car but it was absolutely terrifying to drive on slick surfaces.

It got t-boned in June of 1968 and was replaced with a used 67 200 CID 3 speed stick coupe in Frost Aqua. The first thing I noticed was the 67 was much better built than the 66, with heavier components and better brakes--an opinion that was validated by our family mechanic. The other thing was that unlike the 66, it went just fine in snow and ice. I just started it in second gear and the Mustang had no problems. I was told the balance of weight in the 67 was much better than on the earlier models.

I still wish I had that car, but at the time I was very excited to trade it in for a 1969 Plymouth Fury III convertible with a 383, automatic, power everything and air conditioning. I would have never imagined that all three of these cars would wind up being collector's items!

17th Jul 2008, 12:10

With regards to comment 02:31, the '64, '65 and '66 Mustangs were basically Falcons with different sheet metal, and the rear ends were very light. Driving on slick surfaces was a nightmare.

The '67 was heavier, better built and had better front/rear weight distribution, especially in the fast-back configuration. I owned a '66 and it was wrecked due to the rear end breaking loose on a slick road. Even the newer ones are prone to rear end break-away (I own a 2007), and need to be driven carefully on slippery surfaces.

1968 Ford Mustang 302cid V8 from North America


Classic style and muscle in an inexpensive package


I haven't had too much trouble with this car. There was sone rust, but not too much considering it had spent its life in the American Pacific-Northwest, a region notorious for its large amounts of rainfall.

Also, I had a small electrical mystery and the car wouldn't start. I jiggled around some wires and it started right up, and has since never resurfaced.

General Comments:

She has a modified engine, and is very snooty in manner when you hit the gas.

The transmission is Ford's venerable C4 three-speed automatic gearbox, modified with a B+M QuickSilver shifter setup - shifts are quick, firm, and positive.

Interior is somewhat poorly designed ergonomically, and the seats are not the most comfy - but it all looks just plain cool.

The suspension, equipped with new "KYB Gas-A-Just" shocks keeps this car on track.

Looks wise, you just can't go wrong with this car, particularly with a new coat of paint.

Parts are ridiculously easy to find, and the car is easy and cheap to maintain.

Would you buy another car from this manufacturer? Don't Know

Review Date: 9th August, 2002

9th Aug 2006, 23:15

I'm currently restoring a deluxe 1968 red Mustang convertible. I'm the 3rd owner. My friend owned my car before me. My friend found the 68 Mustang in a barn in 1979, and I bought my Mustang in 1995.

The Mustang has not been driven that much, just sitting in the garage. When I got the car, the paint was faded, and now finally in April 2006 I am totally restoring my dream car.

When I drove my car, it drove nice. I totally rebuilt the front end. Its been the best car, no deq, no computer crap, really easy to work on.