1968 Shelby Mustang GT350 & GT500 for Sale – Highland Green Cobra Jet Convertible
The 1968 Shelby Mustang GT350 & GT500 captures the drama, rarity, and competition-inspired character that made late-1960s Shelby convertibles among the most desirable American performance cars of their era. Finished in its factory Highland Green over black vinyl upholstery, this privately offered example combines an exceptionally evocative color with white GT500KR side stripes, a white power-operated soft top, and a muscular convertible profile. Its 428-cubic-inch Cobra Jet V8, four-speed manual transmission, 3.00:1 Traction-Lok differential, power-assisted steering, front disc brakes, SelectAire air conditioning, and deluxe interior equipment create a compelling blend of strength and touring usability. For collectors seeking a rare factory-color Shelby with powerful mechanical specification, desirable documentation, and unmistakable road presence, this convertible presents an outstanding opportunity.
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1968 Shelby Mustang GT350 & GT500 for sale
Engine and Performance
The 428-cubic-inch Cobra Jet V8 gives the 1968 Shelby Mustang GT350 & GT500 the immense low-speed torque, forceful acceleration, and unmistakable exhaust character associated with Ford’s most celebrated big-block performance engines. A four-speed manual transmission places the driver directly within that power delivery, rewarding deliberate shifts and allowing the Cobra Jet’s broad strength to be explored with traditional mechanical involvement. The 3.00:1 Traction-Lok differential distributes torque more effectively across the rear axle, supporting stronger traction during acceleration and providing relaxed gearing for open-road travel. Together, the big-block engine, manual gearbox, and limited-slip rear axle create a drivetrain suited to commanding highway progress, decisive overtaking, spirited touring, and memorable collector events.
Engineering and Specifications
Power-assisted steering reduces effort at lower speeds and during parking while preserving the substantial steering character expected from a large-engined American convertible of the late 1960s. Power-assisted front disc brakes and rear drums provide a historically appropriate braking arrangement, offering stronger initial response and more confidence than a fully drum-equipped contemporary Mustang. Fifteen-inch alloy wheels support the muscular stance, while the Traction-Lok rear axle, reinforced Shelby specification, and balanced factory equipment create a chassis designed to manage serious V8 output without sacrificing long-distance usability.
Design and Heritage
The Shelby convertible body combines a long sculpted hood, compact cabin, deep side contours, short rear deck, and open roofline in one of the most recognizable American performance silhouettes ever created. Highland Green gives the body exceptional depth and historical resonance, while white GT500KR stripes, a silver-painted tail panel, Cobra Jet fuel cap, fender badges, and side mirrors add purposeful visual identity. Inside, black vinyl upholstery, the Interior Décor and Visibility Groups, a Tilt-Away steering column, SelectAire air conditioning, and an AM radio create a richly equipped yet authentically period atmosphere.
Driving Experience
From behind the wheel, the 1968 Shelby Mustang GT350 & GT500 should feel substantial, dramatic, and deeply mechanical, with the long hood, manual shifter, and big-block soundtrack making every journey feel significant. Power steering, front disc brakes, supportive seating, and air conditioning improve usability, while the open cockpit and glass-window soft top allow the driver to enjoy either open-air motoring or greater weather protection. On a sweeping country road, formal rally, open highway, or collector gathering, the Shelby promises commanding torque, strong visual theatre, and an unforgettable connection to classic American performance.
Why This Car is Special
- 428ci Cobra Jet V8 delivering formidable big-block torque and character
- Four-speed manual transmission with 3.00:1 Traction-Lok differential
- Factory Highland Green paint, one of only 50 convertibles delivered in this color
- Power-operated white soft top with folding glass rear window
- Deluxe Marti Report, SelectAire air conditioning, and desirable interior groups
Specifications
- Year: 1968
- Model: Shelby Mustang GT350 & GT500
- Engine: Naturally aspirated 428-cubic-inch Cobra Jet gasoline V8
- Transmission: Four-speed manual
- Condition: Good condition, privately offered
Collector and Enthusiast Appeal
The 1968 Shelby Mustang GT350 & GT500 holds exceptional collector importance because it combines a rare convertible body, genuine Cobra Jet power, manual transmission, factory Highland Green paint, and the visual authority of the GT500KR specification. Its white power top, alloy wheels, Traction-Lok axle, SelectAire system, Tilt-Away column, Interior Décor and Visibility Groups, and Deluxe Marti Report provide the specification depth experienced buyers value. As one of only 50 convertibles reportedly delivered in Highland Green, this example offers rarity, documentation, and usability within one of the most celebrated names in American muscle-car history.
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The 1968 Shelby Mustang GT350 & GT500 combines rare factory color, formidable Cobra Jet power, direct manual involvement, and open-air elegance in an unforgettable American performance convertible. It represents a compelling opportunity for collectors who value Shelby heritage, documented rarity, and one of the most dramatic muscle cars of the 1960s.