Used Ford Mustang Shelby GT500 for Sale nearModesto, IL

How much does the Ford Mustang Shelby GT500 cost in today's market?

Used Ford Mustang Shelby GT500 prices span a wide range depending on model year. Here's what the market looks like right now:

The Ford Mustang Shelby GT500's current nationwide average price is $78,913, and its nationwide average price reached a low of $76,933 over the past year. Recently, prices have held firm or risen year-over-year across the most recent model years.

Is the Ford Mustang Shelby GT500 a good car?

Yes — the all-generations owner rating is 4.7/5 across every model year in the data.

Owners consistently praise the GT500 for its exhilarating power, impressive performance, and thrilling driving experience. They also repeatedly highlight its muscular design and strong acceleration, which help define its appeal as a muscle car. Expert impressions reinforce that character with praise for its high-tech hardware, strong straight-line force, and engaging driving feel.

Expert reviews rate the 2020 model among the highest across all years.

The main trade-offs center on cargo space, interior simplicity, and value, especially in the most expensive examples.

30.7% of listings are priced as good or great deals.

Are Ford Mustang Shelby GT500 models reliable?

Owners consistently praise the Ford Mustang Shelby GT500 for its exhilarating power, impressive performance, and thrilling driving experience. Expert impressions also point to strong hardware and a focused, high-performance character that helps define the car across the lineup.

• Owners rate the Ford Mustang Shelby GT500 between 3.8 and 5 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk is tied to the GT500’s high-performance hardware and the possibility of costly repairs, so a careful pre-purchase inspection is especially worthwhile.

What should I look for when buying a used Ford Mustang Shelby GT500?

Across all model years, accident-free inventory is excellent at 92% — clean inventory, standard diligence applies.

Key things to evaluate:

• Infotainment: Sync 3 infotainment system with an 8-inch touchscreen display, Apple CarPlay, Android Auto, HD Radio, satellite radio, FordPass Connect services, and nine stereo speakers
• Fuel efficiency: 12 mpg in the city and 18 mpg on the highway

Which Ford Mustang Shelby GT500 trim should I buy?

The 2020 Ford Mustang Shelby GT500 offers these trims:

• Shelby GT500: The 760 hp hand-assembled 5.2-liter V8, 7-speed dual-clutch automated manual transmission, adaptive damping, active exhaust, Track Apps, and standard digital instrumentation make this the core GT500 setup and the best-value choice for most shoppers.
• Shelby GT500 with Technology Package: Adds a navigation system, blind-spot monitoring, rear cross-traffic alert, and a 12-speaker B&O Play premium sound system for buyers who want more convenience and audio upgrade.

What Ford Mustang Shelby GT500 do most buyers choose?

The Ford Mustang Shelby GT500 years with the most listings are 2021, 2022, and 2020.

Higher-listing years usually draw more shoppers because they give you more inventory to compare, which can make it easier to find the right color, mileage, and price. They also tend to be the years most sellers bring to market, so you often see the broadest selection of used examples.

What is the Ford Mustang Shelby GT500's resale value?

Prices are rising across the model years shown, which points to strong demand and steady desirability. That means you should expect to pay up for the most sought-after examples, especially if you want a newer or lower-mileage car. The 2020, 2022, and 2021 model years have held their value best, with prices flat to rising year-over-year.

Is the Ford Mustang Shelby GT500 safe?

• 2020: 8/10

For the safest used buy, the 2020 model posts the highest confirmed score of 8/10.

Should I buy a used Ford Mustang Shelby GT500 now?

Buy now if:

• Sweet-spot year: The 2021 model has the most listings at a current average price of $95,878. The Ford Mustang Shelby GT500 offers thrilling performance and a dramatic muscle-car character that make it especially appealing to enthusiasts.

If you're buying used today, the 2021 model year offers the best mix of value and availability.

How does the 2021 Ford Mustang Shelby GT500 compare to the 2021 Chevrolet Camaro?

These recommendations are based on CarGurus' proprietary market data from October 21, 2026, CarGurus experts' opinions, and generative AI.