2007 Ford Mustang Shelby GT500

2dr Convertible

8-cyl. 330cid/500hp EFI Supercharged

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

$41,900 CAD*

+0.7%
#4 Fair condition#4 Fair
Value Graph04/2407/2410/24$10k$20k$30k$40kJan 2025
Pricing adjustments
+10% for T-tops.
Adjustments are in USD
+10% for T-tops.
Adjustments are in USD

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2007-2014 Ford Mustang Shelby GT500 stats
Highest sale
$632,214 CAD
Lowest sale
$703 CAD
Most recent sale
$34,754 CAD
Sales
3465
Explore Hagerty Price Guide values for this generationResearch values for all configurations from this generation on a single page
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Photos

39 photosImages may not reflect selected vehicle.

2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
2008 Ford Mustang Shelby GT500KR 2dr Coupe Courtesy of Hyman Ltd.
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More 2007 Ford Mustang Shelby GT500 values

Model overview

Model description

We apologize, but no model history was found for this vehicle.

Vehicle specifications

  • Wheel Base Shortest - Inches107.1
  • Wheel Base Longest - Inches107.1
  • Shipping Weight4040
  • Drive TypeRWD
  • Manufacturer NameFord
  • Front Tire Size18R255
  • Manufacturer MSRP45755
  • Market SegmentationMid Size Sport
  • Vehicle Height54.5
  • Manufacturer CodeC134
  • Front Tire Size Code57

Equipment

  • StandardOptional
  • Transmission6 Speed Manual
  • Power BrakesYes
  • Power SteeringYes
  • EntertainmentAM/FM CD/MP3Satellite
  • Navigation SystemYes
  • Voice Control NavigationYes
  • Air ConditioningYes
  • Power WindowsYes
  • Tilt Steering WheelYes
  • Roof DescriptionRetractable Roof Panel
  • Anti-Lock BrakingAll Wheel
  • Restraint typeDual Air Bags Front Head and Sides/Active Belts
  • Mirror Turn SignalYes
  • Audible AlarmYes
  • Engine ImmobilizerYes
  • Rear SuspensionLive
  • Security EquipmentKeyless entry and alarm
  • Vehicle Theft TrackingYes
  • Wheel lockYes

Equipment

Standard

  • Transmission6 Speed Manual
  • Power BrakesYes
  • Power SteeringYes
  • EntertainmentAM/FM CD/MP3
  • Voice Control NavigationYes
  • Air ConditioningYes
  • Power WindowsYes
  • Tilt Steering WheelYes
  • Anti-Lock BrakingAll Wheel
  • Restraint typeDual Air Bags Front Head and Sides/Active Belts
  • Mirror Turn SignalYes
  • Audible AlarmYes
  • Engine ImmobilizerYes
  • Rear SuspensionLive
  • Security EquipmentKeyless entry and alarm

Optional

  • EntertainmentSatellite
  • Navigation SystemYes
  • Roof DescriptionRetractable Roof Panel
  • Vehicle Theft TrackingYes
  • Wheel lockYes
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Common Questions

The value of a 2007 Ford Mustang Shelby GT500 can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $11,800 USD for a 2007 Ford Mustang Shelby GT500 in good condition with average spec.

The highest selling price of a 2007 Ford Mustang Shelby GT500 at auction over the last three years was $632,214 CAD. The highest prices are usually reserved for rare or exceptionally well-maintained examples with desirable features or modifications and excellent history.

The lowest selling price of a 2007 Ford Mustang Shelby GT500 at auction over the last three years was $703 CAD. The lowest prices are usually paid for examples that have extensive maintenance needs, differ greatly from their original configuration, or have accident histories or title problems.

In the last three years there have been 2,519 2007 Ford Mustang Shelby GT500s sold at public auction.

The most recent auction sale of a 2007 Ford Mustang Shelby GT500 was $34,754 CAD on March 12, 2025 by Bring a Trailer.

Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.

Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.

Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.

The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.

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.

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