2020 Ford Mustang Shelby GT350 Reviews, Pricing & Specs


Overview
Of the many versions of the Ford Mustang, the Shelby GT350 is the one most at home on the track. It first arrived as a 2016 model and saw...
Of the many versions of the Ford Mustang, the Shelby GT350 is the one most at home on the track. It first arrived as a 2016 model and saw noteworthy improvements in 2019. This year, 2020, is the Shelby GT350’s final one on the market.
The Shelby GT350 comes in Base and R trims. Either one gets you a 5.2-liter flat-plane-crank V8 packed with 526 horsepower, 429 pound-feet of torque, and an 8,250-rpm redline. As a proper sports car, the only option is a six-speed manual transmission, and all power goes straight to the rear wheels. Other performance goodies include six-piston front and four-piston rear Brembo brakes, a magnetic adaptive suspension, and three driving modes. Compared to the Base trim, the R gets a stiffer suspension as well as differential, transmission, and engine-oil coolers. It also sheds weight by including carbon fiber wheels and a carbon fiber spoiler. All in, the Base Shelby GT350 hits 60 miles per hour in 4.2 seconds, while the R will do it in 3.9. The top speed isn’t officially posted by Ford, but most publications have it at around 170 mph.
The Shelby GT350 comes standard with HID headlights, 19-inch wheels, keyless access and start, Recaro cloth racing seats, a flat-bottom steering wheel wrapped in leather and Alcantara, an 8-inch infotainment system with Apple CarPlay and Android Auto, dual-zone automatic climate control, aluminum pedals, a set of track-focused applications built into the car, a nine-speaker audio system, and USB connectivity. You can add six-way powered, heated, and cooled front seats clad in leather, navigation, and a Bang & Olufsen audio system for an extra cost. In order to celebrate the Shelby GT350’s final year, the 2020 model offers a Heritage Edition Package. That gets you the iconic Wimbledon White paint, Guardsman Blue stripes, and unique badge coloring, a throwback to Ford’s 1965 Mustang fastback coupe.
Safety-wise, every Shelby GT350 comes with a rear-view camera, blind-spot monitoring, and rear cross-traffic monitoring. The Mustang family in general received decent crash scores from both the National Highway Traffic Safety Administration (NHTSA) and the Insurance Institute for Highway Safety (IIHS).
2020 is the swansong year for the amazing Ford Mustang Shelby GT350.

What owners say
"Overall, owners of the 2020 Ford Mustang Shelby GT350 rave about its impressive performance, particularly the acceleration and exhaust sound, which many find exhilarating. The car is applauded for its handling and well-crafted interior. However, some owners caution about its suitability as a daily driver and the high maintenance costs, particularly related to tires and engine fragility."
This car should not be purchased for daily driving. It is a fun car and should be meticulously maintained to keep its value
September 28, 2023One YouTube reviewer mentioned is sounds like Chewbacca gargling. That’s about right. In a very good way. That voodoo engine is something entirely else compared to your run-of-the-mill coyote mill. The only thing I would change is the tires. Cup 2 tires make for higher skid pad numbers but are terrible on the street. Consider budgeting for PS 4S early on. They really tame the tram line effect and make this a great street car.
December 25, 2021Handles great with a lot of usable features. The acceleration is amazing. The exhaust sound alone will sell the vehicle and the interior is well done.
September 7, 2020What owners say
This car should not be purchased for daily driving. It is a fun car and should be meticulously maintained to keep its value
September 28, 2023One YouTube reviewer mentioned is sounds like Chewbacca gargling. That’s about right. In a very good way. That voodoo engine is something entirely else compared to your run-of-the-mill coyote mill. The only thing I would change is the tires. Cup 2 tires make for higher skid pad numbers but are terrible on the street. Consider budgeting for PS 4S early on. They really tame the tram line effect and make this a great street car.
December 25, 2021Handles great with a lot of usable features. The acceleration is amazing. The exhaust sound alone will sell the vehicle and the interior is well done.
September 7, 2020If you are a Mustang Geek, and you want all the performance features you could ever want including the Voodoo 5.2 lier engine, this is the one. 2020 was the last hear.
April 1, 2023These cars have the flat plane crank engine that redlines over 8k. Its about as much fun as you can have in a car thats not an exotic. My wife has the stripe delete which is even more rare and it has been very reliable and always fun to drive!
December 28, 2022For what you pay you get a lot of car, handles great and sounds even better
February 14, 2022Be very careful when selecting this car. It is an amazing ride, but definitely not for everyone. We use it also as a family car (I love my wife), we take our 2 kids (18 and 30 month old). It works, but it requires adjustment. Be nice with your neighborhood works with the low volume exhaust, and you feel like a 5yo with it. To think about also, it is expensive to maintain, the tires will not last very long, and not the best even under the rain. It is manual in case you dont know, so be aware (does not exist auto). Engine is very fragile, but this is a track car so be aware of the potential extra expense. Oil wil cost 175 at Ford as an example, tires 1600+tx plus install. But no way you will regret, this is my dream car
March 3, 2022Carroll Shelby would be proud of this model, particularly the 2020 model
August 5, 2021Trims & specs
Base MSRP $72,135 | Seating 2 |
Engine 5.2L 526 hp V8 | Cargo Capacity 13.5 cu ft |
Combined MPG 17 | Drivetrain RWD |
Base MSRP $59,140 | Seating 4 |
Engine 5.2L 526 hp V8 | Cargo Capacity 13.5 cu ft |
Combined MPG 17 | Drivetrain RWD |
Pricing trends
MSRP range
$59,140 - $72,135
Current avg. market price
$77,380
Trending up by 0.7% this month
May 2026 - August 2026







