1968 Shelby GT500KR Goes for $302,000 at Mecum in Chattanooga

A 1968 Shelby GT500KR went for the highest winning bid at the Mecum Auction sale held in conjunction with the Chattanooga Motorcar Festival, selling for $302,500. The Shelby stood out amongst lots that included the Firehouse Collection of legendary drag racer John Force. Here are the top five classic cars that sold for the most during the event.

5. 1967 Chevrolet Corvette Coupe – $145,750

This Corvette has several rare features. It’s 1 of 3754 models with the (numbers matching) L71 V8 engine. It’s 1 of 1381 finished in Lynndale Blue. The odometer reads only 33,000 miles, but 5000 of those came after a frame-off restoration in 2010.

4. 1953 Packard Caribbean Convertible – $165,000

They made only 750 Caribbean convertibles for 1953. This one underwent a comprehensive eight-year restoration. It’s been in the same collection for 35 years.

3. 1969 Chevrolet Camaro RS Convertible – $181,500

This may be a Camaro modder’s dream. Under the hood is a new 719-horsepower, 441 cubic-inch LS V8. It comes in new House of Kolor Apple Red Kandy paint with Jet Black stripes. The Camaro has a new custom interior, too.

2. 1957 Chevrolet Corvette – $220,000

Despite a body-off restoration, this Vette kept many of its original parts. This example comes with a matching numbers Duntov 283-cubic-inch V8 engine. It’s been under its current ownership for 60 years. The car sports the rare color of Aztec Copper.

1. 1968 Shelby GT500KR Convertible – $302,500

This one topped Hagerty’s No. 1 value for a convertible by nearly $6000. It looked as-new, had the four-speed box, and wore Highland Green.

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