Used Ford Mustang Shelby GT500 for Sale near Muir, MI

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 $79,508, and its lowest point over the past year was $76,076. 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 Ford Mustang Shelby GT500 is a compelling choice if you want a high-performance muscle car with strong owner appeal. The all-generations owner rating is 4.7/5 across every model year in the data.

Owners consistently praise its exhilarating power, impressive performance, and thrilling driving experience. They also highlight its muscular design and acceleration, which help define the car’s character.

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 performance-focused versions.

31.7% 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 power, performance, and driving excitement. Expert feedback also points to a car that delivers serious capability and a distinctive character that appeals to enthusiasts.

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

For long-term ownership, you should plan for a high-performance car with premium running costs and pay close attention to maintenance history and condition.

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

Across all model years, accident-free inventory is excellent at 91.3% — clean inventory, standard diligence applies.

Key things to evaluate:

• 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:

• Mustang Shelby GT500: The standout choice for buyers who want the GT500’s hand-assembled 5.2-liter V8, 7-speed dual-clutch automated manual transmission, digital instrumentation, Sync 3 infotainment with an 8-inch touchscreen, Apple CarPlay, Android Auto, and Track Apps.
• Mustang Shelby GT500 with Technology Package: Adds a navigation system, a 12-speaker B&O Play premium sound system, blind-spot monitoring, and rear cross-traffic alert, making it the best-value pick if you want the most useful everyday tech and driver-assistance features.

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-volume model years usually give you more shopping choice, which can make it easier to compare condition, mileage, and pricing. They also tend to be the easiest years to find in the color and equipment mix you want.

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

Prices are moving upward across the model years shown, which points to strong demand for used GT500s. That kind of movement can support resale value for current owners while keeping the car firmly in enthusiast territory for shoppers.

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 $95,844. The Ford Mustang Shelby GT500 offers a dramatic, collectible muscle-car character that makes it especially appealing if you want a car with strong enthusiast appeal.

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 27, 2026, CarGurus experts' opinions, and generative AI.