Used 2007 Ford Mustang Shelby GT500 for Sale nearDecatur, IL
19 vehicles found
Shop with transparent pricing.
Only show listings that include dealer fees- Year:
- 2008
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5.4L V8
- Exterior color:
- Gray
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual Overdrive
- Mileage:
- 25,023
- Stock #:
- 5166526
- VIN:
- 1ZVHT88S785166526
2008 Ford Mustang Shelby GT500
Coupe RWD
25,023 mi
Home delivery from Mesa, AZ
Price includes $2,656 shipping
Fair Deal
$40,246
- Year:
- 2008
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5.4L V8
- Exterior color:
- White
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Manual
- Mileage:
- 13,155
- VIN:
- 1ZVHT88S485164474
2008 Ford Mustang Shelby GT500
Coupe RWD
13,155 mi
Home delivery from Dallas, TX
Price includes $651 shipping
Fair Deal
$44,867
- Year:
- 2007
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5.4L V8
- Exterior color:
- Performance White
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- 6-Speed Manual
- Mileage:
- 4,751
- Stock #:
- 2198
- VIN:
- 1ZVHT88S475358386
New arrival
2007 Ford Mustang Shelby GT500
Coupe RWD
4,751 mi
Home delivery from Chattanooga, TN
Price includes $665 shipping
Great Deal
$41,244
- Year:
- 2007
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5.4L V8
- Exterior color:
- Black
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Transmission:
- Manual
- Mileage:
- 30,915
- Stock #:
- 75308650F
- VIN:
- 1ZVHT88S975308650
2007 Ford Mustang Shelby GT500
Coupe RWD
30,915 mi
Home delivery from Mount Vernon, IN
Price includes $216 shipping
Fair Deal
$37,466
- Year:
- 2007
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5.4L V8
- Exterior color:
- Black
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 7,720
- Stock #:
- 10121-STL
- VIN:
- 1ZVHT88S275290170
2007 Ford Mustang Shelby GT500
Coupe RWD
7,720 mi
Home delivery from O Fallon, IL
Price includes $150 shipping
Fair Deal
$46,518
- Year:
- 2007
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5.4L V8
- Exterior color:
- Torch Red Clearcoat
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black/Red Accent
- Transmission:
- 6-Speed Manual
- Mileage:
- 7,169
- Stock #:
- LNX8738
- VIN:
- 1ZVHT88S675213432
2007 Ford Mustang Shelby GT500
Coupe RWD
7,169 mi
Home delivery from Lees Summit, MO
Price includes $596 shipping
Good Deal
$42,148
- Year:
- 2008
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5.4L V8
- Exterior color:
- White
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Manual
- Mileage:
- 17,875
- Stock #:
- T85108336
- VIN:
- 1ZVHT88S985108336
2008 Ford Mustang Shelby GT500
Coupe RWD
17,875 mi
Home delivery from North Charlotte, NC
Price includes $1,114 shipping
Fair Deal
$44,014
- Year:
- 2008
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5.4L V8
- Exterior color:
- White
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Manual
- Mileage:
- 1,584
- Stock #:
- C5568
- VIN:
- 1ZVHT88S685139785
2008 Ford Mustang Shelby GT500
Coupe RWD
1,584 mi
Home delivery from Caledonia, MI
Price includes $338 shipping
Good Deal
$49,584
- Year:
- 2007
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5.4L V8
- Exterior color:
- Black
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black/Dove
- Transmission:
- 6-Speed Manual
- Mileage:
- 3,335
- Stock #:
- 9337
- VIN:
- 1ZVHT88S575367968
2007 Ford Mustang Shelby GT500
Coupe RWD
3,335 mi
Home delivery from Oak Forest, IL
Price includes $500 shipping
Good Deal
$51,480
- Year:
- 2007
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5.4L V8
- Exterior color:
- Orange
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 10,340
- Stock #:
- B6734 K
- VIN:
- 1ZVHT89S975204500
2007 Ford Mustang Shelby GT500
Convertible RWD
10,340 mi
Home delivery from Grand Rapids, MI
Price includes $344 shipping
Fair Deal
$47,024
- Year:
- 2008
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5.4L V8
- Exterior color:
- Red
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 38,756
- VIN:
- 1ZVHT89S885133503
Price drop
-$2,000
2008 Ford Mustang Shelby GT500
Convertible RWD
38,756 mi
Home delivery from South Holland, IL
Price includes $217 shipping
Great Deal
$30,167
$28,167
- Year:
- 2007
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5.4L V8
- Exterior color:
- Black
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 90,796
- Stock #:
- 1255-SAN
- VIN:
- 1ZVHT88S075260391
2007 Ford Mustang Shelby GT500
Coupe RWD
90,796 mi
Home delivery from New Braunfels, TX
Price includes $1,306 shipping
Uncertain
$40,532
- Year:
- 2007
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5.4L V8
- Exterior color:
- Red
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Charcoal Black/Charcoal Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 101,801
- Stock #:
- AT-305966
- VIN:
- 1ZVHT89S175305966
New arrival
2007 Ford Mustang Shelby GT500
Convertible RWD
101,801 mi
Home delivery from Oswego, IL
Price includes $195 shipping
Uncertain
$35,540
About 2007 Ford Mustang Shelby GT500
4.8 Overall rating(20 reviews)
Oct 9, 2025
Beautiful car. One small flaw in the paint. Dash plaque was worn and apparently not replaceable. Over priced in my opinion.
Jun 6, 2008
The car has power through out the entire power range!!
It pulls in each gear!!
Sep 19, 2008
It is a Shelby. Horsepower, Handling, Style. What more is there to say. This car Kicks A$$.
Performance – Excellent acceleration, braking & handling
Build Quality – There are no squeaks/rattles
Appearance – It has both interior and exterior styling
Cost of Ownership – It gets good gas mileage
Fun Factor – this car is fun to drive!
Jun 18, 2013
I love the handling and performance. It draws attention at car shows and has been a show winner. It is very quick and very responsive. This is just a plain out fun car. I have had othter shelby's and they don't compare.
Jul 19, 2009
The car has a lot of power and is very predictable on the race track. It is one of those cars that is right at home in the city, on the highway or on the track. It was a great buy for me.
- Year:
- 2007
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5.4L V8
- Exterior color:
- [U3] Grabber Orange
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Charcoal Black/Charcoal Black
- Transmission:
- Manual
- Mileage:
- 30,960
- Stock #:
- 3721
- VIN:
- 1ZVHT89S875256426
![[U3] Grabber Orange 2007 Ford Mustang Shelby GT500 Convertible Rear-Wheel Drive Manual](https://static.cargurus.com/images/forsale/2026/09/16/14/57/2007_ford_mustang_shelby_gt500-pic-249597630834181822-1024x768.jpeg?io=true&width=640&height=480&fit=bounds&format=jpg&auto=webp)
New arrival
2007 Ford Mustang Shelby GT500
Convertible RWD
30,960 mi
Home delivery from Lewisville, TX
Price includes $975 shipping
High Priced
$38,120
- Year:
- 2008
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5.4L V8
- Exterior color:
- Vista Blue
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 4,590
- Stock #:
- NC-260762210
- VIN:
- 1ZVHT88SX85172997
2008 Ford Mustang Shelby GT500
Coupe RWD
4,590 mi
Home delivery from Lubbock, TX
Free home delivery
High Priced
$53,798
- Year:
- 2007
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5.4L V8
- Exterior color:
- White
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Manual
- Mileage:
- 5,268
- Stock #:
- 063-26-520T
- VIN:
- 1ZVHT88S975248644
2007 Ford Mustang Shelby GT500
Coupe RWD
5,268 mi
Home delivery from Tyngsboro, MA
Price includes $1,394 shipping
High Priced
$56,868
- Year:
- 2007
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5.4L V8
- Exterior color:
- Vista Blue
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal Gray)
- Transmission:
- 6-Speed Manual
- Mileage:
- 15,968
- Stock #:
- 849-TUL
- VIN:
- 1ZVHT88S175295800
2007 Ford Mustang Shelby GT500
Coupe RWD
15,968 mi
Home delivery from Tulsa, OK
Price includes $690 shipping
Overpriced
$67,232
- Year:
- 2007
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5.4L V8
- Exterior color:
- Black (Ebony)
- Fuel type:
- Gasoline
- Interior color:
- Black (Charcoal)
- Transmission:
- 5-Speed Automatic
- Mileage:
- 8,236
- Stock #:
- W-251145279
- VIN:
- 1ZVHT88S575213325
2007 Ford Mustang Shelby GT500
Coupe RWD
8,236 mi
Home delivery from Salt Lake City, UT
Free home delivery
Overpriced
$61,298
- Year:
- 2008
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5.4L V8
- Exterior color:
- Black (Ebony Clearcoat)
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Charcoal Black Leather Sport Buckets
- Transmission:
- 6-Speed Manual
- Mileage:
- 1,400
- Stock #:
- NC-251146560
- VIN:
- 1ZVHT88S285200291
2008 Ford Mustang Shelby GT500
Coupe RWD
1,400 mi
Home delivery from Lubbock, TX
Free home delivery
Overpriced
$70,799
4.8 Overall rating
Filter by rating
Lenny K
Reviewed a 2007 Ford Mustang Shelby GT500 on Oct 9, 2025
Beautiful car. One small flaw in the paint. Dash plaque was worn and apparently not replaceable. Over priced in my opinion.
Is this review helpful?
Tedd S
Reviewed a 2007 Ford Coupe RWD on Jun 6, 2008
The car has power through out the entire power range!! It pulls in each gear!!
Is this review helpful?
Glen S
Reviewed a 2007 Ford Coupe RWD on Sep 19, 2008
It is a Shelby. Horsepower, Handling, Style. What more is there to say. This car Kicks A$$. Performance – Excellent acceleration, braking & handling Build Quality – There are no squeaks/rattles Appearance – It has both interior and exterior styling Cost of Ownership – It gets good gas mileage Fun Factor – this car is fun to drive!
Is this review helpful?
Anonymous
Reviewed a 2007 Ford Coupe RWD on Jun 18, 2013
I love the handling and performance. It draws attention at car shows and has been a show winner. It is very quick and very responsive. This is just a plain out fun car. I have had othter shelby's and they don't compare.
Is this review helpful?
2007 Ford Mustang Shelby GT500 Trims
| Trim type | MSRP |
|---|---|
| Coupe RWD | $41,675 |
| Convertible RWD | $46,500 |
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
2007 Ford Mustang Shelby GT500 Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2007 Ford Mustang Shelby GT500 prices has changed over time.
See more price trendsAVG Price
$45,678
1.1%
2007 Ford Mustang Shelby GT500
Index Price
$28,896
0.8%
All used vehicles
2007 Ford Mustang Shelby GT500 Pricing Analysis
Pricing by Popular US Cities
Market Area: Nationwide
Key Insights
- Highest Price in Atlanta: The average price in Atlanta, GA ($62,995) is significantly higher than other cities, likely due to demand for performance vehicles in urban areas.
- Lowest Price in Dallas: Dallas, TX ($36,995) offers the most competitive pricing, suggesting a more price-sensitive market or higher inventory turnover.
- Inventory Levels: Cities like Washington, DC (25 listings) and Chicago, IL (18 listings) have moderate inventory levels, with prices reflecting regional demand dynamics.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Atlanta, GA | 17 | $62,995 |
| Washington, DC | 25 | $43,117 |
| Boston, MA | 19 | $42,859 |
| Chicago, IL | 18 | $41,226 |
| Dallas, TX | 18 | $36,995 |
Pricing Analysis by Model Year
Key Insights
- Significant Premium for Newer Models: The 2022 model commands a high average price of $114,394, reflecting strong demand and limited availability.
- Depreciation Trends: Older models, particularly the 2010 Shelby GT500, show a notable depreciation, with an average price of $42,987, down from an MSRP of $46,325.
- Best Value in 2012-2014 Models: The 2012 model is priced at $53,790, indicating a relatively stable value compared to its original MSRP, while the 2014 model shows a moderate depreciation to $67,820.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2022 Ford Mustang Shelby GT500 | $76,820 | $114,394 | +48.9% |
| 2021 Ford Mustang Shelby GT500 | $70,300 | $100,086 | +42.4% |
| 2020 Ford Mustang Shelby GT500 | $70,300 | $94,431 | +34.3% |
| 2014 Ford Mustang Shelby GT500 | $55,110 | $67,820 | +23.1% |
| 2013 Ford Mustang Shelby GT500 | $54,200 | $66,600 | +22.9% |
| 2012 Ford Mustang Shelby GT500 | $48,810 | $53,790 | +10.2% |
| 2011 Ford Mustang Shelby GT500 | $48,645 | $49,261 | +1.3% |
| 2010 Ford Mustang Shelby GT500 | $46,325 | $42,987 | -7.0% |
| 2009 Ford Mustang Shelby GT500 | $42,685 | $47,198 | +10.6% |
| 2008 Ford Mustang Shelby GT500 | $42,170 | $45,841 | +8.0% |
These recommendations are based on CarGurus' proprietary market data from September 16, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
FAQs
How much does the 2007 Ford Mustang Shelby GT500 cost in Decatur, IL?
The average 2007 Ford Mustang Shelby GT500 costs about $45,677.68. The average price has increased by 13% since last year. The 19 for sale near Decatur, IL on CarGurus, range from $28,167 to $70,799 in price.
How many 2007 Ford Mustang Shelby GT500 vehicles in Decatur, IL have no reported accidents or damage?
14 out of 19 for sale near Decatur, IL have no reported accidents or damage.
What is the fuel economy of the 2007 Ford Mustang Shelby GT500?
Depending on the engine and options, the 2007 Ford Mustang Shelby GT500 gets between 16 and 16 MPG/MPGe.
What fuel types are available?
Gasoline engines are available.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
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