Question of the Month – Which Million-Dollar Mustang was the Better Buy?

B Mitchell Carlson

ACC’s staff is currently working on the Insider’s View section of the September/October issue, and we’d like your input on the following question:

Two Mustangs made million-dollar sale prices at Mecum’s Indy sale this May. Which of these two cars was the better buy?

Lot F203 was the 1967 Shelby GT500 Super Snake – a one of one supercar built by Shelby with a GT40 Mk II 427 engine, special drivetrain, and special one-off styling cues. It was built to serve as a test car for Goodyear’s Thunderbolt tires  — it ran 500 miles at an average speed of 142 mph and retained 97% of the original tire tread. 50 of these special GT500s were planned to be built, but the project just didn’t make financial sense — each car would have cost twice the price of a standard GT500, and even more than the 427 Cobra. This car was the only example completed, and it sold at Mecum for $1,391,000, including buyer’s premium.

Lot S135 was the 1967 Ford Mustang “Eleanor” from the 2000 remake of “Gone in 60 Seconds.” This was the hero car used for close-ups in the film and for all promotial materials related to the movie. This is no ordinary clone – this is the car that started the Eleanor craze, and probably had a lot to do with the soaring popularity of the resto-mod movement in general. Mecum’s auction description claims this is the most recreated car since the original Shelby Cobra. Fitted with a 351-ci 400-hp V8 and 4-speed manual, it was presented in used condition with some minor touch-ups visible. It sold at Mecum for $1,070,000, including buyer’s premium.

Both of these cars are important, but for very different reasons. If you had to pick one as the better deal, which one would it be and why?

Send your thoughts, along with your name and city/state in a comment on this page or in an email to by Friday, July 12, by 6:00 pm, pst. And look for your comments in the next issue of American Car Collector!


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