Bring A Trailer recently had on offer a yellow, single-family owned 1968 Shelby Mustang GT500KR which had a winning bid of $179,000 though unfortunately, its Reserve was not met. For those who missed out on that offer, you’re in luck as Bring A Trailer currently has another 1968 Shelby Mustang GT500KR on offer.
The example is one of the 1,053 “King of the Road” fastback models that were manufactured from May to July of 1968. Introduced in 1967, the Shelby GT500 model was given the nickname “King of the Road” when the last variant was finally unveiled in April 1968.
Built on July 24, 1968, it was delivered new to J.C. Lewis Motor Company in Savannah, Georgia. Just this month, the selling dealer acquired the example from its previous owner who had custody of the GT500KR for three years.
Under the hood is a 428ci Cobra Jet V8 engine matched with a three-speed automatic transmission and a 3.50:1 Traction-Lok differential. When new, it was factory rated at 335 horsepower at 5,200 rpm and 440 lb-ft of torque at 3,400 rpm.
Other features of the Mustang include power-assisted front disc brakes, heavy-duty suspension, power steering, 10-spoke 15-inch alloy wheels, a Sport Deck rear seat, Visibility and Interior Décor groups, tilt-away steering column, and an AM radio.
Exterior design features include a fiberglass trunk lid with a rear spoiler, fiberglass hood with a functional ram-air scoop, rectangular grille-mounted Lucas fog lights, sequential taillights, and air scoops on both the sail panels and quarter panels.
The example was given a repaint of its original Acapulco Blue (D) finish accepted by white side stripes with the GT500KR script and a Cobra Jet fuel cap, and front fender badges. There is a notable scratch on the nose panel of this example.
This Shelby sits on ten-spoke alloy wheels with Shelby center caps wrapped in E70-15 Goodyear Speedway 350 tires. A steel spare is safely kept in the trunk compartment. The alloy wheels show areas of oxidation.
For the interior, it is trimmed in black vinyl, enhanced by the Comfortweave inserts that the Interior Décor Group added on the bucket seats and the Sport Deck rear seat. It was also given a simulated wood-grain appliques on the dash, center, and overhead consoles, and door panels. As standard, it came with a roll bar with inertia-reel seatbelts.
Gauges on the dash include a 140 mph speedometer, a tachometer with a 6k rpm redline, fuel level gauge, coolant temperature gauge, amperage gauge, and oil pressure gauge.
The five-digit odometer shows 75,000 miles. In preparation for the sale, fluid changes were done on the example. The example is registered in Ontario, Canada and unfortunately, they do not issue titles for vehicles.
As of writing this 1968 Shelby Mustang GT500KR has a bid of $110,000 with the auction ending on July 8.
