Used 2007 Ford Mustang Shelby GT500 for Sale nearReno, NV
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
$39,824
- 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
$45,570
- 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

-$4,841
2008 Ford Mustang Shelby GT500
Coupe RWD
1,584 mi
$56,847
$52,006
- 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
$56,298
- 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
$59,216
- 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:
- Black ([UA] Ebony Clearcoat)
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Charcoal Black Leather Sport Buckets
- Transmission:
- Manual
- Mileage:
- 9,447
- Stock #:
- 3463-TR
- VIN:
- 1ZVHT89S185144486
![Black ([UA] Ebony Clearcoat) 2008 Ford Mustang Shelby GT500 Convertible Rear-Wheel Drive Manual](https://static.cargurus.com/images/forsale/2026/06/24/16/15/2008_ford_mustang_shelby_gt500-pic-386412713128966639-1024x768.jpeg?io=true&width=640&height=480&fit=bounds&format=jpg&auto=webp)
2008 Ford Mustang Shelby GT500
Convertible RWD
9,447 mi
$45,160
- 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
$54,456
- 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 Clearcoat
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Stock #:
- A15664
- VIN:
- 1ZVHT88S075348146

2007 Ford Mustang Shelby GT500
Coupe RWD
$61,421
- 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:
- 9,547
- Stock #:
- NB5884P
- VIN:
- 1ZVHT88S975364720

2007 Ford Mustang Shelby GT500
Coupe RWD
9,547 mi
$80,915
- 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
$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
$70,799
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4.8 Overall rating
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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.
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!!
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!
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.
2007 Ford Mustang Shelby GT500 Trims
| Trim type | MSRP |
|---|---|
| Coupe RWD | $41,675 |
| Convertible RWD | $46,500 |
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 trends2007 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 ($64,995) is significantly higher than other cities, likely due to demand for performance vehicles in urban areas.
- Lowest Price in Washington, DC: Conversely, Washington, DC ($32,479) offers the lowest average price, suggesting a more price-sensitive market or higher inventory turnover.
- Inventory Levels: Cities like Chicago (16 listings) and Dallas (15 listings) have moderate inventory levels, with prices reflecting regional demand dynamics.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Atlanta, GA | 15 | $64,995 |
| Chicago, IL | 16 | $44,301 |
| Boston, MA | 17 | $43,959 |
| Dallas, TX | 15 | $38,952 |
| Washington, DC | 18 | $32,479 |
Pricing Analysis by Model Year
Key Insights
- Significant Premium for Newer Models: The 2022 model commands a high average price of $115,341, reflecting strong demand and limited availability.
- Depreciation Trends: Older models, particularly the 2011 and 2010 models, show significant depreciation, with average prices at $47,752 and $44,932, respectively.
- Best Value in Mid-2010s Models: The 2014 model offers a balance of price and performance at $73,856, making it a potentially attractive option for buyers.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2022 Ford Mustang Shelby GT500 | $76,820 | $115,341 | +50.3% |
| 2021 Ford Mustang Shelby GT500 | $70,300 | $101,627 | +44.5% |
| 2020 Ford Mustang Shelby GT500 | $70,300 | $97,336 | +38.5% |
| 2014 Ford Mustang Shelby GT500 | $55,110 | $73,856 | +33.9% |
| 2013 Ford Mustang Shelby GT500 | $54,200 | $68,407 | +26.3% |
| 2012 Ford Mustang Shelby GT500 | $48,810 | $53,957 | +10.5% |
| 2011 Ford Mustang Shelby GT500 | $48,645 | $47,752 | -1.8% |
| 2010 Ford Mustang Shelby GT500 | $46,325 | $44,932 | -3.0% |
| 2009 Ford Mustang Shelby GT500 | $42,685 | $47,114 | +10.7% |
| 2008 Ford Mustang Shelby GT500 | $42,170 | $48,025 | +2.0% |
These recommendations are based on CarGurus' proprietary market data from August 13, 2026, CarGurus experts' opinions, and generative AI.














