Used 2008 Ford Mustang Shelby GT500 for SaleNationwide
141 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:
- Black
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Transmission:
- Manual
- Mileage:
- 30,915
- Stock #:
- 75308650F
- VIN:
- 1ZVHT88S975308650
2007 Ford Mustang Shelby GT500
Coupe RWD
30,915 mi
Mount Vernon, IN
Fair Deal
$37,510
- 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:
- 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:
- Silver
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Transmission:
- Manual
- Mileage:
- 9,683
- Stock #:
- U14117
- VIN:
- 1ZVHT88S085130323
Price drop
-$1,000
2008 Ford Mustang Shelby GT500
Coupe RWD
9,683 mi
Summersville, WV
Good Deal
$43,149
$42,149
- 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
$38,593
- 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:
- 6,296
- Stock #:
- 5189235T
- VIN:
- 1ZVHT88S185189235
2008 Ford Mustang Shelby GT500
Coupe RWD
6,296 mi
Saint Augustine, FL
Great Deal
$39,018
- 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:
- White
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Transmission:
- 6-Speed Manual
- Mileage:
- 20,329
- Stock #:
- P4481
- VIN:
- 1ZVHT89S785145822
2008 Ford Mustang Shelby GT500
Convertible RWD
20,329 mi
New Castle, PA
Fair Deal
$40,390
- 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:
- Blue
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Transmission:
- 6-Speed Manual
- Mileage:
- 16,530
- Stock #:
- P4496
- VIN:
- 1ZVHT89S685205038
New arrival
2008 Ford Mustang Shelby GT500
Convertible RWD
16,530 mi
New Castle, PA
Fair Deal
$44,390
- 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:
- 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:
- Silver
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Manual
- Mileage:
- 9,164
- Stock #:
- 56P1247P
- VIN:
- 1ZVHT88S095130839
2009 Ford Mustang Shelby GT500
Coupe RWD
9,164 mi
Wichita, KS
Good Deal
$45,093
- 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:
- Red
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual Overdrive
- Mileage:
- 10,784
- Stock #:
- 85145797
- VIN:
- 1ZVHT88SX85145797
New arrival
2008 Ford Mustang Shelby GT500
Coupe RWD
10,784 mi
Arlington, WA
Great Deal
$36,200
- 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:
- 13,155
- VIN:
- 1ZVHT88S485164474
2008 Ford Mustang Shelby GT500
Coupe RWD
13,155 mi
Dallas, TX
Fair Deal
$44,216
- 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
2007 Ford Mustang Shelby GT500
Coupe RWD
11,079 mi
Brighton, CO
Good Deal
$41,653
- 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
About 2008 Ford Mustang Shelby GT500
$45,266
4.7%
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
- 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:
- 6,117
- Stock #:
- 95130457G
- VIN:
- 1ZVHT88S895130457
2009 Ford Mustang Shelby GT500
Coupe RWD
6,117 mi
Omaha, NE
Good Deal
$48,753
- 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
$43,711
- Year:
- 2007
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5.4L V8
- Exterior color:
- Red
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Transmission:
- 6-Speed Manual
- Mileage:
- 9,652
- Stock #:
- 6704
- VIN:
- 1ZVHT89SX75285832
2007 Ford Mustang Shelby GT500
Convertible RWD
9,652 mi
Tea, SD
Fair Deal
$43,249
- 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:
- Red
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 16,402
- Stock #:
- 93
- VIN:
- 1ZVHT88S195135757
2009 Ford Mustang Shelby GT500
Coupe RWD
16,402 mi
Lowell, MA
Fair Deal
$45,995
- Year:
- 2007
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Convertible
- 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/Chamois Accent
- Transmission:
- Manual
- Mileage:
- 9,203
- Stock #:
- R26752A
- VIN:
- 1ZVHT89S175240309
New arrival
2007 Ford Mustang Shelby GT500
Convertible RWD
9,203 mi
Goodyear, AZ
Great Deal
$36,998
- 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:
- White
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Red
- Transmission:
- Manual
- Mileage:
- 21,203
- Stock #:
- KFCT85154858
- VIN:
- 1ZVHT89S785154858
Price drop
-$2,000
2008 Ford Mustang Shelby GT500
Convertible RWD
21,203 mi
Falls Church, VA
Fair Deal
$40,995
$38,995
- 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:
- Charcoal Black/Charcoal Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 3,337
- Stock #:
- PAT22525
- VIN:
- 1ZVHT88S475316008
New arrival
2007 Ford Mustang Shelby GT500
Coupe RWD
3,337 mi
Frederick, MD
Good Deal
$49,799
- 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
- Transmission:
- 6-Speed Manual
- Mileage:
- 7,720
- Stock #:
- 10121-STL
- VIN:
- 1ZVHT88S275290170
2007 Ford Mustang Shelby GT500
Coupe RWD
7,720 mi
O Fallon, IL
Fair Deal
$53,368
- Year:
- 2007
- Make:
- Ford
- Model:
- Mustang Shelby GT500
- Body type:
- Convertible
- 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
- Transmission:
- Manual
- Mileage:
- 2,838
- Stock #:
- R5882
- VIN:
- 1ZVHT89S775249399
2007 Ford Mustang Shelby GT500
Convertible RWD
2,838 mi
Cincinnati, OH
Good Deal
$44,387
- 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:
- White
- Combined gas mileage:
- 17 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 57,787
- Stock #:
- 5517317C
- VIN:
- 1ZVHT89S285189548
2008 Ford Mustang Shelby GT500
Convertible RWD
57,787 mi
Shallotte, NC
Fair Deal
$34,294
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
$45,266
5.0%
2008 Ford Mustang Shelby GT500
Index Price
$29,003
0.4%
All used vehicles
2008 Ford Mustang Shelby GT500 Pricing Analysis
Pricing by Popular US Cities
Market Area: Nationwide
Key Insights
- Highest Prices in Washington, DC: The market in Washington, DC ($54,995) reflects a premium likely due to higher demand and limited supply.
- Lowest Prices in New York and Philadelphia: Both New York, NY ($35,899) and Philadelphia, PA ($35,998) offer the most competitive pricing, indicating a more price-sensitive market.
- Inventory Levels: Cities like Washington, DC (26 listings) and Chicago, IL (22 listings) have fewer listings, which may contribute to higher average prices compared to cities with more inventory.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Washington, DC | 26 | $54,995 |
| Chicago, IL | 22 | $42,858 |
| Dallas, TX | 19 | $39,495 |
| Houston, TX | 19 | $38,000 |
| Boston, MA | 21 | $41,700 |
| Philadelphia, PA | 23 | $35,998 |
| New York, NY | 23 | $35,899 |
Pricing Analysis by Model Year
Key Insights
- Significant Premium for Newer Models: The 2022 model commands a high average price of $114,490, reflecting strong demand and limited availability.
- Depreciation Trends: Older models, particularly the 2011 and 2010 models, show significant depreciation, with average prices dropping to $48,238 and $44,784, respectively.
- Best Value in 2012 Model Year: The 2012 Ford Mustang Shelby GT500 is priced at $56,845, representing a more moderate depreciation compared to its original MSRP.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2022 Ford Mustang Shelby GT500 | $76,820 | $114,490 | +49.0% |
| 2021 Ford Mustang Shelby GT500 | $70,300 | $101,011 | +43.6% |
| 2020 Ford Mustang Shelby GT500 | $70,300 | $95,158 | +35.4% |
| 2014 Ford Mustang Shelby GT500 | $55,110 | $74,145 | +34.6% |
| 2013 Ford Mustang Shelby GT500 | $54,200 | $69,278 | +27.9% |
| 2012 Ford Mustang Shelby GT500 | $48,810 | $56,845 | +16.5% |
| 2011 Ford Mustang Shelby GT500 | $48,645 | $48,238 | -0.8% |
| 2010 Ford Mustang Shelby GT500 | $46,325 | $44,784 | -3.3% |
| 2009 Ford Mustang Shelby GT500 | $42,685 | $47,028 | +10.9% |
| 2007 Ford Mustang Shelby GT500 | $41,675 | $48,261 | +3.0% |
These recommendations are based on CarGurus' proprietary market data from August 27, 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 $45,266.45. The average price has increased by 10% since last year. The 141 for sale on CarGurus range from $22,305 to $149,900 in price.
How many 2008 Ford Mustang Shelby GT500 vehicles have no reported accidents or damage?
129 out of 141 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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