Used 2008 Ford Mustang Shelby GT500 for SaleNationwide
137 vehicles found
Shop with transparent pricing.
Only show listings that include dealer fees- 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:
- Red
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black/Red Accent
- Transmission:
- 6-Speed Manual
- Mileage:
- 39,831
- Stock #:
- 29881A
- VIN:
- 1ZVHT88SX75256509
New arrival
2007 Ford Mustang Shelby GT500
Coupe RWD
39,831 mi
Bardstown, KY
Fair Deal
$39,344
- 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:
- Vapor Clearcoat Metallic
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black/Chamois Accent
- Transmission:
- 6-Speed Manual
- Mileage:
- 22,244
- Stock #:
- 104383
- VIN:
- 1ZVHT89S085104383
2008 Ford Mustang Shelby GT500
Convertible RWD
22,244 mi
Pensacola, FL
Good Deal
$35,498
- 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:
- Blue
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Blk)
- Transmission:
- 6-Speed Manual
- Mileage:
- 32,797
- Stock #:
- VP1224
- VIN:
- 1ZVHT88S485176589
2008 Ford Mustang Shelby GT500
Coupe RWD
32,797 mi
Friendswood, TX
Good Deal
$37,025
- 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:
- Charcoal Black/Charcoal Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 11,079
- Stock #:
- 14736A
- VIN:
- 1ZVHT88S975216728
Price drop
-$1,443
2007 Ford Mustang Shelby GT500
Coupe RWD
11,079 mi
Brighton, CO
Good Deal
$41,284
$39,841
- 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 Accent
- Transmission:
- 6-Speed Manual
- Mileage:
- 18,503
- Stock #:
- P264248
- VIN:
- 1ZVHT88S075364248
2007 Ford Mustang Shelby GT500
Coupe RWD
18,503 mi
Scottsdale, AZ
Good Deal
$35,593
- Year:
- 2009
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5.4L V8
- Exterior color:
- Vapor Silver Clearcoat Metallic
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Charcoal Black/Charcoal Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 21,179
- Stock #:
- 5QT2541
- VIN:
- 1ZVHT88S895123606
2009 Ford Mustang Shelby GT500
Coupe RWD
21,179 mi
Grove City, PA
Good Deal
$39,839
- Year:
- 2009
- 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 Clearcoat Metallic
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black/Chamois Accent
- Transmission:
- 6-Speed Manual
- Mileage:
- 37,311
- Stock #:
- D12328T
- VIN:
- 1ZVHT88S195137797
2009 Ford Mustang Shelby GT500
Coupe RWD
37,311 mi
Morton, IL
Fair Deal
$39,011
- 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
Lees Summit, MO
Good Deal
$43,531
- 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
Chattanooga, TN
Great Deal
$40,579
- 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:
- Silver
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Mileage:
- 20,177
- Stock #:
- 195927M
- VIN:
- 1ZVHT88S775195927
2007 Ford Mustang Shelby GT500
Coupe RWD
20,177 mi
Grand Rapids, MI
Fair Deal
$40,204
- 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:
- Torch Red Clearcoat
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black/Red Accent
- Transmission:
- 6-Speed Manual
- Mileage:
- 6,297
- Stock #:
- 5189235T
- VIN:
- 1ZVHT88S185189235
2008 Ford Mustang Shelby GT500
Coupe RWD
6,297 mi
Saint Augustine, FL
Great Deal
$38,422
- 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:
- Charcoal Black/Crimson Red
- Transmission:
- 6-Speed Manual
- Mileage:
- 2,148
- Stock #:
- D364119
- VIN:
- 1ZVHT88S075364119
2007 Ford Mustang Shelby GT500
Coupe RWD
2,148 mi
Murrieta, CA
Great Deal
$41,035
- Year:
- 2009
- 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:
- 23,953
- Stock #:
- 7KS0086P
- VIN:
- 1ZVHT88S595138015
Price drop
-$1,000
2009 Ford Mustang Shelby GT500
Coupe RWD
23,953 mi
Burnsville, MN
Good Deal
$35,348
$34,348
About 2008 Ford Mustang Shelby GT500
$44,554
1.3%
30 Day change
May 1, 2026
I suspect the car has clutch issues. Chatters when backing up and you really have to "slip it" to get it moving. Might be from sitting but it was hard to tell since they only let it be driven a couple miles.
Sep 29, 2023
All original , red, 1 owner , 2044 miles . Awesome
Mar 30, 2021
Amazing vehicle. Craftsmanship and engineering are unmatched among American Muscle cars when considering the Gt500 Shelby Cobra. 500 hp and 6-speed manual transmission make the owner experience one in a lifetime. Shelby and Ford go to great lengths to keep this owner experience at the highest level. Buy one and keep for life!
Aug 20, 2022
I purchased my 08 Shelby Torch Red Mustang in 2022. It had 16,000 miles on it at the time of purchase and it had modifications that made it a king of the road. If you want a car that easily spins the tires at just touching the throttle, then this is the car for you. It is easily the most powerful mustang I have owned, and I have owned 6 in the past. It produces 550 rear wheel HP and its a beast. Mine has Flowmaster Chrome Tip mufflers installed on it and they sound great. It also has a cold air intake with a Ford Racing Tune. There is nothing to complain about with its performance other than for some reason these mustangs have wheel hop from the wheels trying their best not to spin but with this much power they have to, and it causes the rearend to get cocked a bit and then the wheels start hopping. If you know how to drive one of these and you aint trying to spin the tires it is not a problem. It can be driven everyday if I wanted to, but I dont. It has ac, power windows, locks, power seats, navigation system and a great stereo sound system. There is nothing to complain about with this car. The ride is a little rough but that is to be expected with all the high-end performance suspension parts and it has a 6-speed trans. I love driving mine anytime I can.
Jul 21, 2022
Love the 500 hp engine and 6 speed transmission.
- Year:
- 2009
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Coupe
- Engine:
- 500 hp 5.4L V8
- Exterior color:
- Torch Red Clearcoat
- Fuel type:
- Gasoline
- Interior color:
- Charcoal Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 12,054
- Stock #:
- 141351
- VIN:
- 1ZVHT88S395141351
2009 Ford Mustang Shelby GT500
KR Coupe RWD
12,054 mi
Griswold, IA
Great Deal
$53,900
- 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:
- 6-Speed Manual
- Mileage:
- 29,518
- Stock #:
- 7634
- VIN:
- 1ZVHT88S975316067
2007 Ford Mustang Shelby GT500
Coupe RWD
29,518 mi
Virginia Beach, VA
Fair Deal
$39,999
- Year:
- 2009
- 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 Clearcoat
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Transmission:
- 6-Speed Manual
- Mileage:
- 3,992
- Stock #:
- P9914
- VIN:
- 1ZVHT88S295133600
2009 Ford Mustang Shelby GT500
Coupe RWD
3,992 mi
Warrenton, VA
Good Deal
$47,488
- 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
North Charlotte, NC
Fair Deal
$42,900
- 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:
- Tungsten Gray Clearcoat Metallic
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black/Chamois Accent
- Transmission:
- 6-Speed Manual
- Mileage:
- 15,859
- Stock #:
- AP32952
- VIN:
- 1ZVHT88S675232952
2007 Ford Mustang Shelby GT500
Coupe RWD
15,859 mi
Beresford, SD
Good Deal
$40,246
- 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
- Transmission:
- 6-Speed Manual
- Mileage:
- 46,101
- Stock #:
- 10887
- VIN:
- 1ZVHT88S175305807
2007 Ford Mustang Shelby GT500
Coupe RWD
46,101 mi
Worcester, MA
Fair Deal
$34,193
- 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:
- Torch Red Clearcoat
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Charcoal Black Leather Sport Buckets
- Transmission:
- 6-Speed Manual
- Mileage:
- 33,291
- Stock #:
- 1456
- VIN:
- 1ZVHT88S185108721
2008 Ford Mustang Shelby GT500
Coupe RWD
33,291 mi
Salt Lake City, UT
Good Deal
$36,398
- Year:
- 2009
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5.4L V8
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Transmission:
- 6-Speed Manual
- Mileage:
- 440
- Stock #:
- W6834
- VIN:
- 1ZVHT88S695128738
2009 Ford Mustang Shelby GT500
Coupe RWD
440 mi
Watseka, IL
Great Deal
$49,413
- 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 Clearcoat Metallic
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 9,064
- Stock #:
- T7149
- VIN:
- 1ZVHT88S085151317
2008 Ford Mustang Shelby GT500
Coupe RWD
9,064 mi
Princeton, WV
Good Deal
$42,074
- Year:
- 2009
- 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 (Dark Charcoal)
- Transmission:
- 6-Speed Manual
- Mileage:
- 10,483
- Stock #:
- 6090A
- VIN:
- 1ZVHT88S195133300
2009 Ford Mustang Shelby GT500
Coupe RWD
10,483 mi
Canfield, OH
Good Deal
$44,898
4.9 Overall rating
Filter by rating
Derek G
Reviewed a 2008 Ford Mustang Shelby GT500 on May 1, 2026
I suspect the car has clutch issues. Chatters when backing up and you really have to "slip it" to get it moving. Might be from sitting but it was hard to tell since they only let it be driven a couple miles.
Is this review helpful?
Mike H
Reviewed a 2008 Ford Mustang Shelby GT500 on Sep 29, 2023
All original , red, 1 owner , 2044 miles . Awesome
Is this review helpful?
Anonymous
Reviewed a 2008 Ford Mustang Shelby GT500 on Mar 30, 2021
Amazing vehicle. Craftsmanship and engineering are unmatched among American Muscle cars when considering the Gt500 Shelby Cobra. 500 hp and 6-speed manual transmission make the owner experience one in a lifetime. Shelby and Ford go to great lengths to keep this owner experience at the highest level. Buy one and keep for life!
Is this review helpful?
jerry a
Reviewed a 2008 Ford Mustang Shelby GT500 on Aug 20, 2022
I purchased my 08 Shelby Torch Red Mustang in 2022. It had 16,000 miles on it at the time of purchase and it had modifications that made it a king of the road. If you want a car that easily spins the tires at just touching the throttle, then this is the car for you. It is easily the most powerful mustang I have owned, and I have owned 6 in the past. It produces 550 rear wheel HP and its a beast. Mine has Flowmaster Chrome Tip mufflers installed on it and they sound great. It also has a cold air intake with a Ford Racing Tune. There is nothing to complain about with its performance other than for some reason these mustangs have wheel hop from the wheels trying their best not to spin but with this much power they have to, and it causes the rearend to get cocked a bit and then the wheels start hopping. If you know how to drive one of these and you aint trying to spin the tires it is not a problem. It can be driven everyday if I wanted to, but I dont. It has ac, power windows, locks, power seats, navigation system and a great stereo sound system. There is nothing to complain about with this car. The ride is a little rough but that is to be expected with all the high-end performance suspension parts and it has a 6-speed trans. I love driving mine anytime I can.
Is this review helpful?
2008 Ford Mustang Shelby GT500 Trims
| Trim type | MSRP |
|---|---|
| KR Coupe RWD | -- |
| Convertible RWD | $46,995 |
| Coupe RWD | $42,170 |
*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.
2008 Ford Mustang Shelby GT500 Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2008 Ford Mustang Shelby GT500 prices has changed over time.
See more price trendsAVG Price
$44,554
1.3%
2008 Ford Mustang Shelby GT500
Index Price
$28,909
0.7%
All used vehicles
2008 Ford Mustang Shelby GT500 Pricing Analysis
Pricing by Popular US Cities
Market Area: Nationwide
Key Insights
- Highest Prices in Chicago: The average price in Chicago ($61,657) is significantly higher than other cities, likely due to a combination of demand and limited inventory.
- Lowest Prices in New York: New York ($35,899) offers the most affordable options, suggesting a more competitive market or higher inventory levels.
- Price Variation Across Cities: The pricing ranges from $35,899 in New York to $61,657 in Chicago, indicating regional demand differences and varying buyer preferences.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Chicago, IL | 29 | $61,657 |
| Washington, DC | 33 | $52,995 |
| Philadelphia, PA | 28 | $35,998 |
| New York, NY | 28 | $35,899 |
| Dallas, TX | 23 | $36,921 |
| Houston, TX | 24 | $36,800 |
| Boston, MA | 26 | $41,700 |
Pricing Analysis by Model Year
Key Insights
- Significant Premium for Newer Models: The 2022 model commands a high average price of $115,181, reflecting strong demand and limited availability.
- Depreciation Trends: Older models, such as the 2010 Shelby GT500, show a depreciation of ~4.5% from their original MSRP, while the 2011 model has depreciated to ~1.6% below MSRP.
- Best Value in 2012-2014 Models: The 2014 model is priced at $71,158, indicating a relatively stable value compared to its original MSRP, suggesting it may be a good option for buyers looking for a balance of performance and price.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2022 Ford Mustang Shelby GT500 | $76,820 | $115,181 | +50.0% |
| 2021 Ford Mustang Shelby GT500 | $70,300 | $99,784 | +41.8% |
| 2020 Ford Mustang Shelby GT500 | $70,300 | $95,283 | +35.5% |
| 2014 Ford Mustang Shelby GT500 | $55,110 | $71,158 | +29.1% |
| 2013 Ford Mustang Shelby GT500 | $54,200 | $66,173 | +22.1% |
| 2012 Ford Mustang Shelby GT500 | $48,810 | $54,348 | +11.4% |
| 2011 Ford Mustang Shelby GT500 | $48,645 | $47,835 | -1.7% |
| 2010 Ford Mustang Shelby GT500 | $46,325 | $44,233 | -4.5% |
| 2009 Ford Mustang Shelby GT500 | $42,685 | $49,192 | +15.2% |
| 2007 Ford Mustang Shelby GT500 | $41,675 | $48,837 | +17.5% |
These recommendations are based on CarGurus' proprietary market data from September 10, 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 2008 Ford Mustang Shelby GT500 cost?
The average 2008 Ford Mustang Shelby GT500 costs about $44,553.97. The average price has increased by 7.4% since last year. The 137 for sale on CarGurus range from $22,305 to $130,595 in price.
How many 2008 Ford Mustang Shelby GT500 vehicles have no reported accidents or damage?
124 out of 137 for sale have no reported accidents or damage.
What is the fuel economy of the 2008 Ford Mustang Shelby GT500?
Depending on the engine and options, the 2008 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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