1965 Shelby Cobra 427 S/C

VIN: CSX3040

$649,620 CAD

Sold

Seller details

  • Auction

    RM Auctions

  • Location

    Monterey, CA; US

  • Event date

    Aug 17 - Aug 18, 2001

  • Lot

    268

Vehicle specs

  • Chassis/VIN

    CSX3040

  • Body style

    Roadster

  • Odometer

    25012 m

  • Transmission type

    Standard

  • Engine Type

    V8

  • Horsepower

    485

  • Induction

    1x4 bbl

  • Interior Color

    Black

  • Exterior Color

    Silver

  • Generation

    1962-1967 Shelby Cobra

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

Hallibrand alloy knock-off wheels, black side exhausts, chrome paperclip rollbar. One of the original factory SCs, 427 side oiler. 25,012 miles showing with the car's history and condition suggesting that it's probably real.

Condition

#3 Good

Runs and drives well. Flaws not noticeable to passersby. Most common condition.

About Hagerty’s condition ratingsClose

Original except for several repaints (Sapphire Blue Dark Green Red). Shows its age with a crinkle in the left front fender and a scratch on the nose, otherwise clean and original throughout. A very good S/C.

Market commentary

This much money for a 427 Cobra hasn't been seen in a while. In fact, since Pebble Beach 1998 when Christie's got $420,000 for a very well restored CSX 3036. Rare and coveted, this very original CSX 3040 deserves the bump but also shows the 427 S/C market hasn't done much in four years.

Similar past sales

Hagerty Price Guide

Hagerty Price Guide has been published since 2006 and is compiled by more than a dozen people who monitor auction results, asking prices, and private sales activity for the entire collector car market.

1965 Shelby Cobra

2dr Roadster

8-cyl. 427cid/485hp 4bbl

View details
#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good

$3,250,000 CAD*

+16.1%
#4 Fair condition#4 Fair
Value Graph04/2407/2410/24$1M$2M$3MJan 2025

All prices shown here are representative of stock condition vehicles only and based on various data sources, as detailed in About Our Prices. Value adjustments for optional equipment are in U.S. dollars. More information on how forecast models are calculated can be found on Forecasted Values page. For additional information and a complete description of benefits, visit hagerty.CA/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of the Hagerty Group LLC, ©2025 The Hagerty Group, LLC. All Rights Reserved.