Classic Cars / Shelby / Car for sale

1968 Shelby Cobra GT500KR Fastback

Sale price: $239,995.00 make an offer

Car location: Dunellen, New Jersey, United States

Sale type: Fixed price listing

Technical specifications, photos and description:

428 Cobra Jet V8
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1968 Shelby Cobra GT500KR Fastback for sale

Current customer rating: current rating for this car(2.05) based on 89 votes
No Reserve Classics | eBay Template

1968 ShelbyCobra GT500KR Fastback

StockNRC0186-03565VIN8T02R210186-03565Miles65,810Engine Size428 Cobra Jet V8Transmission TypeC-6 Select Shift AutomaticBody ColorWhiteInterior ColorBlack

No Reserve Classics is proud to present to you our beautiful, 1968 Shelby Cobra GT500KR Fastback. Not just any GT500 either - This is the "King of the Road". A very original, very rare, survivor quality, full numbers matching Shelby, with a well-preserved interior and documented mileage. This is 1 of 1,053 GT500KR Fastbacks EVER built in 1968. And to make this even more sought after - it is 1 out of 20 highly optioned, factory air conditioning equipped GT500KRs with only 1 of 2 sent to the state of Michigan! How many do you think still exist today?? The long history of this Shelby is recognized by S.A.A.C, the Shelby American Automotive Club, and it's authenticity and provenance is cataloged within the Shelby Registry. Lastly, this is the only car known to be sold directly from the A.O. Smith Corp, the company who was only responsible for building Shelbys and was not a dealership.

Originally built on 06/20/1968 in Metuchen, NJ and less than one month later, it was sent to Borgman Ford in Michigan with a window sticker of $5,297.51. From the 11/29/1968 invoiced date to November 6th, 1969 the subsequent dealer history is not known. However, included in the photo section is a bill of sale from A.O. Smith Corp. on November 7th, 1969. We've concluded that A.O. Smith Corp. owned the vehicle for a short period of time before then. A.O. Smith Corp was a subcontractor hired by Ford Motoring Company to build Mustangs into the Shelbys we know today. Unfortunately due to complications due to quality control issues, Ford had cut ties with A.O. Smith and started to build Shelbys in-house.

In 1969, A.O. Smith was forced to close its doors. They had an overflow of cars on their lot they needed to get rid of. Most of the cars were donated to schools and other places as a tax write-off. On page 16 of S.A.A.C Magazine, which can be viewed in our photo section, a Shelby Engineer named Jim Frank, spoke of 1 or 2 cars that were ever to be sold directly from A.O. Smith Corp to anyone other than a dealership. With the bill of sale from A.O. Smith Corp, we believe that this is one of those cars. On November 7th, 1969, the final assembly foreman named Joe Beldt was able to arrange for his brother-in-law, Keith Blackrick to purchase this 1968 Shelby GT500KR in the amount of $2,150. Before the sale, Joe was believed to be driving this car back and forth to work and it had approximately 25,000 miles. Similarly, a gentleman named Cecil worked at this A.O. Smith plant whose job was to drive these cars, put miles on them, and then A.O. Smith took the information and improved the performance during these "test drives." Keith, who owned a small used car lot, had to sell the car after 19 short months due to insurance reasons. The car was then purchased by Mark and Henry Adams. It was then sold to Gary Woodruff. And in 2001, it was sold to Dale Le Beau. In the midst of ownership with Dale, he noticed a "NOT FOR SALE" marking on the frame. The facts on this stamp have yet to be discovered, but also included in our photos is the letter written to S.A.A.C to uncover the true mystery between 11/29/1968 and 11/6/1969. This 1968 Shelby GT500KR now resides in New Jersey, where No Reserve Classics will be holding it until the next owner is ready to reopen the doors and drive a piece of phenomenal American Muscle History!

The real reason this Shelby is dubbed "The King of the Road" is all due to what is underneath this hood and being forced air into with it's functional hood scoop. The famous 428 4V Cobra Jet V8 GT-500KR Motor! Attached is the C-6 Automatic Transmission with and all the power get's pounded into the ground by the Ford 9" rear end. And yes, they are all numbers matching! Back in the day, these vehicles were drag cars. They would run it down the strip, blow the engine, and swap in a new one. This one still retains its original drivetrain! With being an original Selectair Air Conditioning car it still functions today! This GT500KR is also equipped with Power Steering and Power Disc Brakes. It also incorporates the factory smog components.

Arriving at your doorstep just as it would have 54 years ago, this highly optioned car, #3565, came with a few rare components. As you turned off your key the steering wheel would move away. This option was called the Tilt-Pop Column. Although they were problematic, we have taken the initiative to replace the faulty components with brand new components so that tilt away lasts a lifetime more! The Black Decor Knitted Vinyl interior has been untouched and is in very well preserved condition. With no tears in the seats, headliner, and not a crack in the dash this is one comfortable machine. All of the gauges function properly and all of the lightings as well. As we move our attention to the rear seating, it does incorporate the RARE Sports Deck folding rear seat. Overall a very well-kept interior that functions very well.

Back in 1968, there were not a lot of test facilities. The engineers would actually daily drive these cars back and forth to work. Doing this, they would change out components to get more horsepower out of the car, changing rear end ratios, changing carbs, etc. So included with the sale of this GT500KR are the factory components; The original carburetor, distributor, coilpack, complete rear pumpkin, cap and rotor. Also included are brand new gaskets, brand new ac compressor, other misc items, as well as 16" Cragar wheels and tires.

Still not convinced on the condition of this car? We highly encourage getting Professional Inspections!
Classic Car Financing is available to purchase this vehicle!
Protect your Classic Car Investment with our Extended Warranty!

Under the Hood:
- Ford 428 4V FE Big Block V8
- Cobra Jet Ram Air
- Ford C6 Automatic Transmission
- Factory Selectair Air Conditioning
- Engine Oil Cooler
- Factory SMOG Equipped
- Factory Reinforced Strut Towers
- FoMoCo Radiator
- Comes with Factory Carburetor and Distributor

- Wimbledon White with Painted Blue Stripes
- Functional Hood Scoop
- Lucas Fog Lights
- GT Equipment Group
- Original 10 Spoke Shelby Wheels
-16" Cragar Wheels with Tires Included with Sale
- Original Carlite Glass
- Sequential Tail Lights

- Tilt Pop Steering Wheel
- Tachometer and Trip Odometer
- Black Decor Knitted Vinyl Bucket Seats
- Shoulder Harness with Roll Bar
- Sport Deck Fold Down Rear Seat
- AM Radio Push Button
- Interior Decor Group
- Remote Mirror
- Tach and Trip Odometer

Underbody and Suspension:
- Power Disc Brakes
- Power Steering
- Ford 9" Rear End with 3.00 Gears
- Comes with Factory Rear End


Although this car looks absolutely stunning, please understand that this is still a 50 year old car with imperfections as it wasn't restored yesterday and has some mileage since the build. And due to our inventory size, we are unable to drive every vehicle for long distances. We do 40-60 miles between inspections, test drives, the video, etc. We cannot guarantee that every gauge, light, window, horn, option, function, etc. will work as it should. Please check your local state inspection requirements. We do our best to inspect these vehicles in every detail and note any imperfections in the ad. As with all classic cars, it will need odds and ends down the road as you begin to drive it more often! Many times, these vintage vehicles can sit for long periods of time and seals harden and gaskets may begin to leak once you begin to drive them. However, this will continue to be a sought-after classic car that you will be proud to own and very happy to drive in! The information contained within this ad is solely for convenience. The description is opinion only and should not be considered a complete description of any or all faults; it may not be relied upon nor taken as fact or otherwise a representation or warranty of any sort. We describe these vehicles to the best of our knowledge.

$299.00 Dealer Administrative Charge is not included in advertised price. All prices and offers are before state, city and county tax, tag, title and license fees. Out of state buyers are responsible for all state, county, city taxes and fees, as well as title/registration fees in the state that the vehicle will be registered. Dealer not responsible for errors and omissions; all offers subject to change without notice, please confirm listings with dealer.

Trusted Financing Partners
Extended Protection For Your Classic Vehicle

We are partnered up with Freedom Warranty, to bring you a full comprehensive service contract with the sale of this vehicle. Hop into any one of our cars and drive away with confidence! We want to make sure owning your favorite collector car is as simple as that. But in case you hit a bump in the road, Freedom Warranty will have you covered. With coverage around major components including the car's engine, transmission, drive axle, electrical, brakes, suspension, power steering, and fuel system, Freedom Warranty gives you an extra layer of security when purchasing a classic car. For more information about the full comprehensive service contracts, please don't hesitate to give us a call at (800) 562-7815 today!

How To Purchase From No Reserve Classics
  • Feel free to call us for more information about your dream car
  • Place a deposit
  • Digitally sign sales agreement and invoice via Docusign
  • Full payment due within 7 days via Wire Transfer or Financing Options
  • After full payment is received, vehicle title is sent next day priority mail with signature required
  • Purchase Freedom Warranty's Extended Classic Car Protection
  • Free shipping is included to all lower 48 states
  • We are currently partnered up with BCAT Logistics to transport our cars in a fully enclosed trailer directly to your driveway. Pictures, videos, and documentation is sent of the car being loaded before transportation
  • We park the car in your driveway so you may enjoy the car of your dreams!
Disclaimers for No Reserve Classics


This vehicle is being sold as-is, where-is with no warranty, expressed written or implied. The seller shall not be responsible for the correct description, authenticity, genuineness, or defect herein, and makes no warranty in connection therewith. No allowance or set aside will be made on account of any incorrectness, imperfection, defect or damage. Any descriptions or representations are for identification purposes only and are not to be construed as a warranty of any type. It is the responsibility of the buyer to have thoroughly inspected the vehicle, and to have satisfied himself or herself as to the condition and value and to bid based upon the judgment solely. The seller shall and will make every reasonable effort to disclose any known defects associated with this vehicle at the buyer's request prior to the close of sale. Seller assumes no responsibility for any repairs regardless of any oral statements about the vehicle.


Unless the car is advertised as an original Mileage car do not assume that the Mileage/Odometer reading is the actual mileage. It is simply what the odometer is reading at the time of the picture. IT IS NOT THE ACTUAL MILEAGE UNLESS STATED SO IN THE DESCRIPTION.

Terms and Conditions

Winning bidder must contact us within 24 hours of auction end, and make arrangements for payments at that time. A $1,000 non-refundable deposit is due within 24 hours of end of auction. The remainder is due within 7 days of auction end. If no contact is made within 24 hours we reserve the right to re-list the vehicle, sell it to the next highest bidder, or sell it otherwise.

Interested in financing a classic car? We are partnered with J.J Best Banc & Co., the nation's oldest and largest classic and collector car lender in the country. They are highly experienced with financing thousands of automobiles from classics, collectors, exotics, hot rods to kit cars, muscle cars, and sports cars. Recognized for their low rates, longer terms, and unparalleled customer service, J.J. Best Bank and Co. will make their mission to share the joy of classic car ownership to everyone who dreams of it. Contact Chris at (508) 415-1035 for more details.

Unless otherwise stated, this car is eligible for free shipping. As soon as the car has been paid for in full, we will take full responsibility for the transportation and delivery of this vehicle straight to your driveway. We have had the best experience using Pilot Transport, Reliable Carriers, Inc., BCAT Logistics, and even personally delivering the vehicles ourselves depending on the location. We are partnered up with BCAT Logistics and have been using them since. Please contact them at (800) 918-2970 for more information.

If you are not sure about something, please ask! Do not assume anything that isn't listed will be included. We reserve the right to cancel bids for excessive negative feedback or having a feedback score below 10. We reserve the right to cancel all existing bids and end the auction or listing early should the item no longer be available for sale.

Seriously interested buyers only. All non-paying bidders will be reported to eBay and negative feedback will be posted.

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