Used 2016 Ford Mustang Shelby GT350 for SaleNationwide

How much does the 2016 Ford Mustang Shelby GT350 cost?

Prices have softened 2.53% compared to this time last year, making it a favorable time to shop this model year.

There are 146 listings available, which gives you a modest amount of inventory to compare.

Is the 2016 Ford Mustang Shelby GT350 a good car?

Generally — the 4.17/5 user rating points to strong owner satisfaction. Owners consistently praise the car’s incredible performance, exhilarating power, and unique engine sound, which make it feel special to drive. Some owners also note that the car can feel overpriced, and a few mention uncomfortable seats and AC issues. With 28.8% of listings marked as good or great deals, you have some room to shop selectively.

Is the 2016 Ford Mustang Shelby GT350 reliable?

Owners rate it 4.17/5, a solid signal of long-term satisfaction.

The owner feedback also points to a car that many drivers feel good about living with over time, especially when it comes to the driving experience and overall enjoyment. At the same time, you should pay close attention to any signs of wear or repair history so you can reduce long-term ownership risk before you buy.

What should I look for when buying a used 2016 Ford Mustang Shelby GT350?

Accident-free inventory is solid at 83.6% — always verify the vehicle history report.

You should prioritize a history report first, then focus on a pre-purchase inspection that checks for prior damage, repair quality, and any signs of neglect. Pay close attention to comfort and climate-control operation, since owner feedback points to seat comfort and AC concerns. A careful condition review matters most if you want to avoid surprises after purchase.

Is now a good time to buy a used 2016 Ford Mustang Shelby GT350?

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you’re patient and compare listings carefully.

• Deal availability: 28.8% of listings are priced as good or great deals.
• Inventory: There are 146 listings available.
• Price trend: Prices have softened 2.53% compared with last year.
• Clean inventory: 83.6% of listings are accident-free.

If you find a listing below $51,501, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Ford Mustang Shelby GT350's resale value?

The current average of $53,733 sits slightly below last year's $55,128.

That price movement suggests the market has eased a bit, which can help you buy more carefully now but may also mean future resale gains are limited if prices stay soft. For a future seller, the current trend points to a model that still holds meaningful value, but not one that is appreciating quickly. Strong demand from enthusiasts can help support pricing, especially when the car is well kept and documented.

Vehicles with solid owner satisfaction ratings, like this model year's 4.17/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 Ford Mustang Shelby GT350 or consider a different year?

If you're weighing the 2016 against nearby model years, here's how to think about it:

Choose the 2016 if:

• 28.8% of listings are priced as good or great deals.
• Accident-free inventory is solid at 83.6% — always verify the vehicle history report.
• Price trend: Prices have softened 2.53% compared with last year.
• Owners rate it 4.17/5 — a solid satisfaction signal.

The bottom line: If you want this generation’s blend of strong owner satisfaction, decent deal availability, and a softer price trend, the 2016 is a sensible place to focus your search. If you’re especially price-sensitive, keep comparing nearby years and jump on the cleanest listing that lands near the low end of the range.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.