428 CJ in '68 Coupe... - Vintage Mustang Forums

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post #1 of 20 (permalink) Old 01-17-2013, 03:03 PM Thread Starter
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428 CJ in '68 Coupe...

Hey all - quick question. Got a buddy emailing me saying he found a '68 coupe 4-sale and it apparently has a 428 CJ /4-speed. (Looking at the stats on-line it appears this is farily rare if true.)

If it turned-out to be a true CJ car - would you guys be all over it? Have no idea what it could be worth??
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post #2 of 20 (permalink) Old 01-17-2013, 03:22 PM
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personally , i dont go for bb cars. i'm into road racing and only do small blocks. however , there are people like a freind of mine that only have bb cars. as for worth , how much money you willing to pay for it > 10k , 50k , 250k ? its only worth what someone will fork over.

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post #3 of 20 (permalink) Old 01-17-2013, 03:54 PM
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To answer your first question, yes. I would be all over it. I missed out on one a couple of years ago fairly local to me. It was an automatic but was still a genuine R code 68.5 coupe in nice condition with a drag racing pedigree. The guy wanted 25K and I didn't have it. I would've had to get a bank loan to swing it and while I was contemplating doing that a dealer snatched it up. It was on ebay within a few days with a buy it now of somewhere north of 50K iirc. I've owned two 68.5 R code fastbacks and would love to have another one in any body style.

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post #4 of 20 (permalink) Old 01-17-2013, 03:55 PM
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68 1/2 R-code cars are exceedingly rare, and they only built 221 coupes (102 4-speeds). ANY collector would be "all over" a real one, but value all depends upon condition and completeness. You can't peg a value just on "hey, found an R-code coupe, what's it worth..."

Could be worth $50K, or it could be a $5,000 basket-case.
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post #5 of 20 (permalink) Old 01-17-2013, 04:06 PM Thread Starter
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Thanks guys! I just saw the 221 production # on the 428 registry. I wasn't looking to peg a value, but the 50k mint to 5k basket-case at least gives me something to go on.

I have 3 poor phone pics of it, and it does not look like a "basket case" - and I was told they were asking 5k. I'm guessing there's no way it's a real one, but I need to verify!
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post #6 of 20 (permalink) Old 01-17-2013, 04:08 PM
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I would be all over that ! Especially if the drivetrain is all there. Very rare car.
Only 221 built ! Would love to see pictures..

Value would depend on how original, complete and condition.
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post #7 of 20 (permalink) Old 01-17-2013, 04:10 PM
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What is the 5th digit in the Vin # ? You can check dash , doortag and fender apron or title. $5K would be a no brainer.
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post #8 of 20 (permalink) Old 01-17-2013, 04:11 PM
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It should have an R in the fifth digit if its a true 68 1/2 Cobra Jet.
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post #9 of 20 (permalink) Old 01-17-2013, 04:18 PM Thread Starter
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As I said - the pics are VERY poor, and I'm only getting 2nd-hand info through email - no VIN / doortag info. I can see it has a hood-scoop on it - was that a option for the 428?

I guess I have to pursue this...
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post #10 of 20 (permalink) Old 01-17-2013, 04:23 PM
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Yes, all R-code 68 1/2 Mustangs will have the hood scoop. And should have the rest of the GT options. Post the pictures anyway... Even if they are poor.
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post #11 of 20 (permalink) Old 01-17-2013, 04:37 PM Thread Starter
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I'll have to post from home I guess - can't seem to upload them to my moderated album here...
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post #12 of 20 (permalink) Old 01-17-2013, 08:22 PM
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Former coworker of mine bought one new with the C-6. But he went to the dark side and traded it in the next year on a used Corvette.
He gave me his pony off the grill since that's all he had left.

1966 GT Fastback, restoration almost there! Code T Red with White LeMans stripes.
2015 GT Fastback - Deep Impact Blue
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post #13 of 20 (permalink) Old 01-17-2013, 08:26 PM
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$50k would be a deal for a mint one. Seen a few in the last year or two, original, documented, clean, $65-90k asking. They can bring '68 GT350 money.

As noted 5k for a "complete" one in need of restoration, deal. I'll give you a 5K finders fee and take it! Especially if running and only "typical" rot.

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post #14 of 20 (permalink) Old 01-17-2013, 11:41 PM
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Like White on rice!


68 J code sprint, 408W
11.47@123.35mph in street trim.
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post #15 of 20 (permalink) Old 01-18-2013, 12:53 AM
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Drove a BB 68 and it was a completely different animal. Awesome car.
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