Used Ford Mustang Shelby GT500 for Sale near Riceville, TN
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2020 Ford Mustang Shelby GT500
Shop 2020 Ford Mustang Shelby GT500 »With 158 currently listed for sale and an average price of $96,601.00, 29.7% of 2020 Ford Mustang Shelby GT500s for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2020 Ford Mustang Shelby GT500 4.91 / 5 stars.
93.0% of 2020 Mustang Shelby GT500 models on CarGurus are accident free.
The 2020 Ford Mustang Shelby GT500 boasts a powerful 5.2-liter V8 with 760 horsepower, paired with a 7-speed dual-clutch automatic transmission, enabling extraordinary acceleration and track performance.
FAQs
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4.8 Overall rating
Customers say
The Ford Mustang Shelby GT500 is celebrated across all model years for its exhilarating power, impressive performance, and thrilling driving experience. Owners consistently rave about its muscular design and acceleration, making it a top choice in the muscle car category. However, some drivers express concerns about the basic interior features and challenges such as limited rear passenger space and fuel economy. Overall, the GT500 remains a standout for those seeking excitement on the road, with a few trade-offs in practicality and comfort.
AI generated from the text of customer reviews.
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What people say
Oscar G
Reviewed a 2022 Ford Mustang Shelby GT500 on Aug 14, 2024
I recently purchased the GT500, and I have to say, I absolutely love it. The power and performance are unmatched, and the driving experience is exhilarating. The car is a perfect blend of speed, style, and technology, making every drive an absolute thrill. Highly recommended for anyone who appreciates a high-performance vehicle
Eduardo G
Reviewed a 2022 Ford Fastback RWD on May 18, 2025
Amazing car and great quality worth every penny!! I don’t think there’s a car that could compare to the Shelby gt500
Barry M
Reviewed a 2010 Ford Mustang Shelby GT500 on Apr 6, 2025
I'm very happy, and satisfied with this vehicle. It runs as I hoped it would. I can tell all prior owners took good care of the car, and I'm happy to reap the benefits of what they passed on to myself.
Ernie B
Reviewed a 2021 Ford Fastback RWD on Jul 22, 2025
The car is amazing. Highly suggest a GT500 for someone that likes to go fast.
Ford Mustang Shelby GT500 Trims
| Trim type | MSRP |
|---|---|
| Fastback RWD | $76,820 |
Ford Mustang Shelby GT500 Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of Ford Mustang Shelby GT500 prices has changed over time.
See more price trendsFord Mustang Shelby GT500 Pricing Analysis
Pricing Analysis by Model Year
Key Insights
- Significant Premium on Newer Models: The 2022 Mustang Shelby GT500 is priced at $122,916, which is about 60.6% above its MSRP, reflecting high demand for newer models.
- Steep Depreciation for Older Models: The 2014 model has depreciated only slightly, with a current average price of $70,468, about 27.8% above its original MSRP, indicating it holds value better than much newer models.
- Value Opportunities in 2012–2014 Models: Older models like the 2012 and 2013 offer better pricing relative to their original MSRP, with the 2012 model at $55,539 (approximately 13.9% below MSRP) providing good value.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2022 Ford Mustang Shelby GT500 | $76,820 | $122,916 | +60.6% |
| 2021 Ford Mustang Shelby GT500 | $70,300 | $104,996 | +49.7% |
| 2020 Ford Mustang Shelby GT500 | $70,300 | $97,086 | +38.1% |
| 2014 Ford Mustang Shelby GT500 | $55,110 | $70,468 | +27.8% |
| 2013 Ford Mustang Shelby GT500 | $54,200 | $66,970 | +23.5% |
| 2012 Ford Mustang Shelby GT500 | $48,810 | $55,539 | -13.9% |
| 2011 Ford Mustang Shelby GT500 | $48,645 | $52,279 | +7.8% |
| 2010 Ford Mustang Shelby GT500 | $46,325 | $51,885 | +12.1% |
| 2009 Ford Mustang Shelby GT500 | $42,685 | $45,950 | +7.9% |
| 2008 Ford Mustang Shelby GT500 | $42,170 | $48,583 | +15.3% |
| 2007 Ford Mustang Shelby GT500 | $41,675 | $49,529 | +19.0% |
Pricing by Popular US Cities
Market Area: Nationwide
Key Insights
- Los Angeles Commands Highest Prices: The market in Los Angeles, CA shows an average price of $121,877, reflecting strong demand and likely limited supply in this urban area.
- Lowest Prices in Washington, DC: The Washington, DC area offers the lowest average price at $72,067, which could indicate higher inventory levels or different market dynamics.
- Inventory Levels Show Regional Variability: Cities like Chicago have the most listings (136) around an average price of $88,789, suggesting a competitive market with more options for buyers.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Los Angeles, CA | 130 | $121,877 |
| Chicago, IL | 136 | $88,789 |
| Philadelphia, PA | 127 | $94,244 |
| Houston, TX | 126 | $102,746 |
| Miami, FL | 118 | $89,602 |
| Atlanta, GA | 140 | $74,316 |
| Boston, MA | 115 | $75,581 |
| New York, NY | 121 | $81,567 |
| Dallas, TX | 134 | $85,446 |
| Washington, DC | 134 | $72,067 |
These recommendations are based on CarGurus' proprietary market data from May 21, 2026, CarGurus experts' opinions, and generative AI.
CarGurus recommends the 2020 Ford Mustang Shelby GT500

Summary
With 158 currently listed for sale and an average price of $96,601.00, 29.7% of 2020 Ford Mustang Shelby GT500s for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2020 Ford Mustang Shelby GT500 4.91 / 5 stars.
93.0% of 2020 Mustang Shelby GT500 models on CarGurus are accident free.
The 2020 Ford Mustang Shelby GT500 boasts a powerful 5.2-liter V8 with 760 horsepower, paired with a 7-speed dual-clutch automatic transmission, enabling extraordinary acceleration and track performance.
Why it stands out
The 2020 Ford Mustang Shelby GT500 distinguishes itself as the most powerful street-legal Ford in history, delivering an exhilarating driving experience that excites enthusiasts. Its robust 5.2-liter V8 engine produces an astounding 760 horsepower, enabling it to sprint to 60 mph in just 3.3 seconds. This model’s advanced technology, including a dual-clutch transmission and customizable driving modes, further enhances its capabilities both on the road and track. While the competitive nature of the muscle car segment is fierce, the Shelby GT500’s combination of raw power, stunning design, and track-ready performance makes it a compelling choice for buyers looking to own a piece of automotive glory.
Other model years to consider
2021 Ford Mustang Shelby GT500
- Average price: $99,860.00
- Good/great deal percentage: 28.3%
- User rating: 4.67 / 5
- Total listings: 247
2022 Ford Mustang Shelby GT500
- Average price: $110,424.00
- Good/great deal percentage: 28.5%
- User rating: 5 / 5
- Total listings: 186
These recommendations are based on CarGurus' proprietary market data from May 18, 2026, CarGurus experts' opinions, and generative AI.









