Author: Jason / Date: August 9, 2022 / Tags: 1967
(RareCarMarket.com) – It’s hard to watch once-popular cars go to waste, withering away in fields and barns. Typically, when people restore classic cars, they make them showroom perfect, no matter the cost. While cost was certainly no issue for Bob Folkestad, owner of Creative Werks Inc, he decided to restore his classic but still keep the aged patina instead of making it look brand new.
It almost seems like Mr. Folkestad went out of his way to spend even more money to make his 1967 Shelby GT-500 as original as possible. Too often, people don’t have the time, money, or patience to pull off what this man did with his 1967 Shelby GT-500 Mustang, but it sure is nice to see.
Before the restoration could begin, Folkestad spent $65,000 to buy the car out of a barn. Then, he estimated the engine and transmission cost to be around $20,000 after getting everything taken apart, cleaned, and put back together. The cost of the parts, which he obtained from a Shelby restoration professional named Jeff Yergovich, ended up costing around $40,000. On top of all that, Folestad says about $20,000 went to the labor needed to restore this car.
Jerry Heasley, the video’s creator, said the car cost Folkestad a whopping $141,000 to purchase and restore. It’s turned out beautiful, and Mr. Folkestad is understandably proud of it. We’re just glad this classic isn’t going to waste.
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