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Old 09-24-2020, 01:08 PM   #19
BRETV
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Join Date: Oct 2003
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Default Re: Old Cobra Jet Mustangs

Quote:
Originally Posted by 4284spd View Post
LOL, you know how small of a world it is? Tom Egan has 1 of the 34 1968.5 convertibles ever produced. It has my original hood off my 68.5 on it. At the time, my buddy was restoring it and knew my hood was hanging in my basement and offered me stupid money at the time and I sold it to him. He finished the car then sold it to Tom.
Bob,

Funny you brought up the convertibles. In 1987 my father and I found a 68.5 R code convertible for sale in Hemmings for $16,000. We drive to SC from FL and the owner meets us at a gas station at 5 AM, he pulls up in a beat up old Cadillac and says follow me with big cigar hanging out his mouth. We pull up to this very modest house with an old detached 1 stall garage. We're like this is not gonna be good. We walk in and he pulls the string to turn on the single light bulb. The car was a 16,000 original mile candyapple red black interior, white top, auto car. Original polyglass tires, original belts, original paint, top and interior, the car was like new. We were shocked. He said come inside and my wife will make you guys breakfast. We sat down to eat and his wife said to her husband please don't sell the mustang, he said okay honey. Me and my father were shocked. My dad said we didn't drive all this way to not buy the car. My dad opened his brief case and laid out the $16,000 in cash on the kitchen table. He said you better take the car and leave now before we change our mind. We grabbed the keys and flew outta there. This was before Marti reports and with us being Ford dealers we looked up everything we could to find any info. The first couple shows we took it to the mustang club judges refused to give us a trophy cause they said Ford never made any 68.5 R code convertibles, we argued with them to say the least LOL. In 1987 Mustang Monthly and Super Ford did articles on the car and Ford saw them and contacted us and came and did a photo shoot for baseball cards of some of Ford's super rare cars. We had the car until 1991 and sold it to a collector in NY for $30,000 thought we made a killing LOL. The car was used about 10 years ago for one of Barrett-Jackson commercials, Craig Jackson was driving it. It's now in AL and the owners called us some years back cause the Velde Ford emblem I put on the bumper when we bought it was still there and they thought we were the original selling dealer. They said it was the most original 68.5 convertible out of the 34 in existence and said we could buy back for $250,000. We said no thanks! LOL. Sorry for such a long story, but I thought you might enjoy. Wish we would have kept that one.




Bret Velde
2003 ??/SA
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