How much is a 1968 Ford Galaxie 500 convertible?
In today’s classic-car market, the value of a 1968 Ford Galaxie 500 convertible depends on condition, originality, and provenance. The rough guide is that projects can start around the low tens of thousands of dollars, solid drivers typically sit in the mid five figures, and show-quality restorations can push into the high five figures or more.
This article examines current market realities for the Galaxie 500 convertible, outlining typical price ranges by condition and the factors that influence what a buyer should expect to pay or receive in a sale. Market values evolve with demand, restoration quality, and how thoroughly a car has been documented.
Current market snapshot
Below is a snapshot of typical market ranges by condition as observed in recent sales and valuation guides as of 2025.
- Project or restoration candidate: typically $8,000–$15,000, often requiring significant mechanical work and cosmetic renovation to become roadworthy.
- Solid driver (drives well, presentable cosmetics): $25,000–$40,000, with well-documented examples and good running condition commanding higher prices within this range.
- Show-quality / concours-ready: $40,000–$60,000 or more, especially for cars with extensive documentation, correct factory details, and strong provenance.
These ranges reflect how buyers value authenticity, condition, and paperwork, and they can shift with overall market conditions, location, and the popularity of 1960s Ford convertibles at auction or in private sales.
What drives the price
Several factors influence where a 1968 Galaxie 500 convertible lands on the market today. Understanding these can help buyers and sellers gauge value beyond headline prices.
- Condition and originality: rust-free bodies, solid interiors, correct trim, and a matching-number drivetrain can significantly elevate value.
- Documentation and provenance: ownership history, maintenance records, restoration receipts, and factory build sheets add credibility and appeal.
- Options and trim: factory features such as air conditioning, power accessories, and the presence of the sought-after convertible top impact desirability and price.
- Rarity and market demand: convertibles are less common than coupes in this generation, which can shift prices upward for well-presented examples.
- Restoration quality and authenticity: high-quality, period-correct restoration work that preserves original code and details tends to fetch premium prices.
Prospective buyers are advised to consider professional inspections, verify numbers with the engine and VIN, and compare photos with factory specifications. Auction platforms like BaT (Bring a Trailer) and specialty publications (Hagerty, Hemmings) are common sources for up-to-date pricing and market trends.
Summary
The 1968 Ford Galaxie 500 convertible remains a desirable classic, with value highly sensitive to condition, originality, and documentation. For buyers, a well-preserved driver or a carefully restored example can offer solid investment potential, while concours-quality cars can command significant sums in the market. Sellers should emphasize provenance and correctness to reach the high end of the price spectrum. As with all classics, ongoing market monitoring and professional appraisals help ensure pricing aligns with current demand.
How much is a 1968 GT500 worth?
Typically, you can expect to pay around $118,500 for a 1968 Shelby GT500 in good condition with average spec. What is the highest selling price of a 1968 Shelby GT500? The highest selling price of a 1968 Shelby GT500 at auction over the last three years was $412,500.
What is the rarest Ford Galaxie 500?
The first year Galaxie 500, 1962, is the most rare and elusive of all Galaxies. Even more rare, this car is equipped with its original 390ci Z-code high- performance 4-barrel engine with original factory cast- iron headers and ultra-rare FoMoCo aluminum intake manifold.
How much is a 1968 Ford Galaxie convertible worth?
The value of a 1968 Ford Galaxie 500 can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $9,460 for a 1968 Ford Galaxie 500 in good condition with average spec.
How much is a 1967 Ford Galaxie 500 convertible worth?
Typically, you can expect to pay around $12,356 for a 1967 Ford Galaxie 500 in good condition with average spec. The highest selling price of a 1967 Ford Galaxie 500 at auction over the last three years was $77,000.
