1968 Ford Mustang — Import and Buy in Portugal | Autozilla

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A 1968 Ford Mustang It's the legendary model year from the movie. Bullitt (Steve McQueen, Highland Green Fastback) and the introduction of Shelby GT500KR “King of the Road” with a 428 Cobra Jet engine. Ford produced 317,404 units In 1968, marking a subtle transition between 1967 and 1969 with subtle visual refinements. In 2026, European prices for a 1968 Mustang range between 35 000 € (Base 6-cyl coupe) and more than €380,000 (GT500KR numbers-matching).

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Production versions and code

The 1968 Mustang retained the three body styles of the 1967 model, but with... some visible refinements :

Coupe (Hardtop) — approximately 249,447 units (~78 %)
Fastback (SportsRoof) — 42,581 units (~13 %) — the Bullitt movie version
Cabriolet — 25,376 units (~8 %)
Shelby GT350 1,253 units — 302 V8 engine
Shelby GT500 1,140 units — 428 Police Interceptor engine
Shelby GT500KR — 1,053 units — 428 Cobra Jet engine (mid-to-late 1968 version)

O Mustang Bullitt Fastback (Highland Green Metallic, no ornamentation, Magnum 500 rims) is the iconic movie version. Commercial replicas exist (€50,000-€80,000) and certified originals worth €200,000+.

Engines available in 1968

Ford offered six engines in the 1968 Mustang:

Engine	Engine capacity	Power	Version
200 ci I6	3.3 L	115 cv	6-cyl engine
289 ci V8	4.7 L	195 hp	V8 base (early 1968)
302 ci V8 (replaces the 289)	4.9 L	210-230 hp	Standard V8 (mid-end 1968)
390 ci V8 GT	6.4 L	325 hp	GT pack
427 ci V8	7.0 L	390 hp	Extremely rare (early 1968 only)
428 Cobra Jet	7.0 L	335 hp (actual 410+)	Shelby GT500KR

O 428 Cobra Jet Introduced in mid-1968, it is the most sought-after engine for real-world use — reputed for superior reliability compared to small high-performance blocks.

2026 Prices in Europe

Indicative values for a 1968 Ford Mustang in usable condition (mechanics functional, body sound). Values observed in the European market in 2026:

Version	Average Price in the EU in 2026	Great price, in excellent condition
1968 Coupé 6-cylinder 200	35,000 – 48,000 €	60 000 €
1968 Coupé V8 302	45,000 – 65,000 €	85 000 €
1968 Fastback V8 302	60,000 – 85,000 €	115 000 €
1968 Cabriolet V8	65,000 – 95,000 €	130 000 €
1968 Fastback Bullitt-style	75,000 – 110,000 €	160 000 €
1968 GT 390 ci	90,000 – 140,000 €	180 000 €
1968 Shelby GT350	150,000 – 220,000 €	300 000 €
1968 Shelby GT500	200,000 – 280,000 €	380 000 €
1968 Shelby GT500KR	250,000 – 350,000 €	480 000 €

These values include EU customs duties + Portuguese VAT (classic regime NC 9705: 0 % customs + VAT of 23 % in Portugal).

How to import a 1968 Ford Mustang to Portugal

The 1968 Ford Mustang has 58 years old in 2026, qualifies for the collection item regime (NC 9705) Across the EU:

EU Customs: 0 % (collection system)
VAT23 % in Portugal, due upon arrival at customs.
Portuguese ISVISV (Vehicle Tax) calculated based on engine displacement; indicative values, to be confirmed with the Tax Authority.
Individual IMT Approval: €1,200–2,500, 2–4 months
Maritime transport: €1,800-2,800 (container or RoRo depending on value)

Key points to consider when buying a 1968 Ford Mustang.

Rocker plate and tower boxes : classic rust spots from 1967-1968.
Bullitt clone vs original There are hundreds of undocumented Highland Green Fastbacks being sold as "Bullitt-style". The two original chassis from the film are sold for €3.4 M$ (2020) and €230,000 respectively (Manny Della's car).
Motor numbers-matching Important but not critical for the base Coupé. Critical for the Shelby (loss of 50 % if replaced).
SAAC Verification Mandatory for any Shelby (official registration). Marti Report for all Fords.
Engine transition 289 → 302 mid-1968. Check the VIN to find the original engine.

What Autozilla Does for You

Autozilla is a Licensed dealer in the USA, with access to thousands of cars in every state., and physical showroom in Ouca, Aveiro district, Portugal. We handle the entire supply chain for your 1968 Ford Mustang:

Direct sourcingauctions and specialist dealers
Pre-purchase inspection On-site — on request, paid service
Safe maritime transport
EU customs clearance Flexible (Portugal or another country for tax optimization)
IMT Approval complete
Final price in €, unsurprisingly

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Frequently Asked Questions

What is the price of a 1968 Ford Mustang in Portugal in 2026? A 1968 Mustang Coupe V8 302 in good condition costs €45,000-€65,000 in Portugal in 2026. Fastback V8: €60,000-€85,000. Shelby GT500KR numbers-matching: €250,000-€350,000. Prices include import tax + ISV (Vehicle Tax) + registration.

What is a Mustang Bullitt? Bullitt is the name given to the 1968 Mustang Fastback Highland Green Metallic driven by Steve McQueen in the film. Bullitt (1968). Original 1968 (“without ornaments”, 390 ci engine) has enormous value as a prop. Commercial Bullitt-style replicas: €75,000-€110,000. Authenticated original: €200,000-€450,000.

What is the Shelby GT500KR? A GT500KR (King of the Road) This is the mid-1968 version of the Shelby GT500, with a 428 Cobra Jet engine (335 hp advertised, 410+ hp actual). Only 1,053 units were produced. It is the most sought-after production Shelby of all time. Value in 2026: €250,000-€350,000.

What is the difference between a 1967 and a 1968 Mustang? Visually subtle: 1968 has a redesigned grille with a larger central emblem, mandatory side reflectors (federal law), and rear bumper with integrated lights. Mechanically: the 302 engine replaced the 289 in mid-1968. The 427 engine available in early 1968 is extremely rare.

Can I import a Shelby GT500KR to Portugal? Yes. The GT500KR is over 30 years old (1968), classic regime NC 9705: 0 % customs + VAT of 23 % in Portugal.

Is the 302 ci engine in the 1968 Mustang reliable? Yes. The 302 small-block Ford is one of the most robust V8s in American history. Normal maintenance: it can reach 250,000 km without rebuilding. Parts available at any Ford USA dealership. Suitable for weekend driving.

How many 1968 Mustangs were produced? Ford produced 317,404 Mustangs in 1968 — less than 1966-1967 (pony car market slowing down). Distribution: Coupé 78 %, Fastback 13 %, Cabriolet 8 %. Shelby separately: GT350 1,253, GT500 1,140, GT500KR 1,053.

Is a 1968 Mustang worth more than a 1967 one? In general, 1967 is worth slightly more. that 1968 for Coupé and Fastback base (1968 is considered “intermediate”). Exception: GT500KR 1968 It's worth more than a 1967 GT500 because of its 428 Cobra Jet engine and rarity (1,053 vs. 2,048). The 1968 Bullitt-style has seen a very strong appreciation in value recently.

See also: 1967 Ford Mustang · 1969 Ford Mustang · Ford Mustang Shelby · Guide to Importing a Car from the U.S. · Available stock