This 1968 Ford Shelby Mustang GT350 is the kind of late-60s muscle car that gets Shelby fans drooling. It rocks Highland Green paint, a factory four-speed manual, and the legendary 302 cubic-inch V8 under the hood. The odometer reads 65,000 miles, and it comes loaded with a Deluxe Marti Report, build sheets, service records, and even a glove box lid signed by Carroll Shelby himself. Right now, it’s up for grabs on Bring a Trailer, so collectors have another shot at one of just 1,053 GT350 fastbacks built for 1968.
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What It’s Worth Right Now
First-gen Shelby GT350s are still hot property, especially if you’ve got an original fastback with the paperwork to back it up. Classic.com pegs the average sale price for 1967-1968 GT350s at $175,590, based on 11 sales that add up to about $1.9 million. Prices have bounced between $106,700 and $275,000, with the latest one going for $144,000.
That price spread proves how much things like originality, mileage, paperwork, and even the gearbox matter. Manuals like this one always get more love than automatics, and this car ticks all the right boxes: factory color, a legit history, and all the right options.
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The auction’s just getting started, and the current bid is still way below what these cars usually fetch. With a few days left, don’t be surprised if the numbers jump as the finish line gets closer—Shelby auctions have a habit of heating up right at the end.
Condition and Details
The listing says this GT350 rolled out of the factory in Highland Green with black vinyl seats, plus both the Interior Décor Group and Visibility Group. It’s got power steering, front disc brakes, the Extra Cooling Package, a tilt-away steering wheel, wheel lip moldings, a Sport Deck rear seat, an AM radio, and a heavy-duty battery. Only 528 fastbacks got the four-speed manual in 1968, and just 356 wore this exact color combo.
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The car got a restoration with its previous owner, then landed with the seller’s stepfather in 2015, and finally the current owner in 2021. It still wears its fiberglass hood with ram-air scoops, hood pins, quarter-panel air scoops, ducktail rear spoiler, and all the Shelby-specific bodywork. The Highland Green paint was redone during that earlier restoration.
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Under the hood, you get the factory 302 cubic-inch V8 with a Holley four-barrel carb, good for 250 horsepower and 310 lb-ft of torque. The Extra Cooling Package means a bigger radiator, and the Toploader four-speed manual puts the power to the rear wheels. The seller thinks the drivetrain was rebuilt during the restoration, but there’s no paperwork to prove it.
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The Offer
| Specification | Detail |
| Make | Ford |
| Model | Shelby Mustang GT350 Fastback |
| Year | 1968 |
| Mileage | 65,000 miles shown |
| Engine | 302 cubic-inch V8 with Holley four-barrel carburetor |
| Output | 250 horsepower / 310 lb-ft of torque |
| Transmission | Toploader four-speed manual |
| Drive Type | Rear-wheel drive |
| Exterior Color | Highland Green |
| Interior Color | Black vinyl |
Interested in this Shelby Mustang GT350 Fastback? View the listing here.
What Makes the Shelby Mustang GT350 Fastback Unique
The 1968 Shelby GT350 is what happens when Carroll Shelby takes his original Mustang recipe and turns up the comfort and style. Earlier GT350s were lighter and built for the track, but the ‘68 mixed muscle-car punch with a bit more luxury and some wild looks. Fiberglass panels, sequential taillights, hood and side scoops, and unique badging made sure nobody would mistake it for a regular Mustang.
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This fastback stands out for its rarity. Only 1,053 GT350 fastbacks rolled out in 1968, and less than half got the four-speed manual. Throw in the Highland Green paint and black interior, and you’re looking at just 356 cars built like this. The Marti Report and original build sheets are icing on the cake for collectors chasing factory-correct Shelbys.
Final Thoughts
This GT350 checks all the boxes for late-60s Shelby fans: factory manual, solid history, cool options, and that unmistakable Highland Green paint. The restoration seems to have kept the car’s original vibe while sticking close to its factory roots.
With the auction still running, the current bid hasn’t caught up to what these GT350s usually bring. If recent Shelby sales are anything to go by, this fastback could be one to watch as the clock winds down.
Disclaimer: This post is for informational purposes only. We are not a dealership or broker. All vehicle specifications, pricing, and availability are subject to change without notice. We are not responsible for typographical errors, omissions, or the accuracy of the provided information. Please verify all details directly with the seller.
About the author
Jacob Oliva
Senior Editor, Autoblog