Used 2016 Ford Mustang Shelby GT350 for Sale Nationwide
174 results
About 2016 Ford Mustang Shelby GT350
4.2 Overall rating
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Adam R
Reviewed a 2016 Ford Mustang Shelby GT350 on May 30, 2026
I would suggest that anyone looking for a GT350 not buy this car. I has 106.000 plus miles on it with STRUCTURAL DAMAGE! The tint on the back window was cheap and fading. The clutch felt just wrong. There was a nail in the driver's front and the tires were worn to the point where you can tell the suspension was severely worn. Also there were all kinds of leaks coming from the trans and engine. This car was clearly not taken care of. Stay away!
Cain7883 .
Reviewed a 2016 Ford Mustang Shelby GT350 on May 4, 2022
Quite possibly the best car I’ve ever owned, despite uncomfortable seats, and sub-par AC system that went out at 47k miles. It was a rockstar everywhere I went. LA, SF, Monterey Car Week, the track. So many people gave it a thumbs up, or just requested to hear me rev it up to hear that 5.4 flat plane crank rip open the atmosphere at 8,000 rpm. Yes, I eventually had to trade it in due to my wife becoming extremely jealous that it attracted so much attention wherever it went. Yes, I had a love affair with my Shelby GT350.
Eric H
Reviewed a 2016 Ford Mustang Shelby GT350 on Mar 26, 2022
Beautiful car, absolutely worth the price of admission. So much more than a car it’s a true driving experience. The joy you will get being behind the wheel is incomparable. There are cars in the same range but none will bring you the rear to rear heron like this one
Jeff K
Reviewed a 2016 Ford Mustang Shelby GT350 on Dec 1, 2022
Badass machine, fun to drive, really cool ride, lotsa fun!! Zero to sixty in a flash, I cant stop smiling, 6 speed Manuel, only way to go.
2016 Ford Mustang Shelby GT350 Trims
| Trim type | MSRP |
|---|---|
| R Fastback RWD | $61,295 |
| Fastback RWD | $47,795 |
2016 Ford Mustang Shelby GT350 Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2016 Ford Mustang Shelby GT350 prices has changed over time.
See more price trends2016 Ford Mustang Shelby GT350 Pricing Analysis
Pricing by Popular US Cities
Market Area: Nationwide
Key Insights
- Highest Prices in Boston: The market in Boston, MA ($80,777) reflects higher demand for premium vehicles, possibly influenced by a wealthier demographic.
- Lowest Prices in Washington, DC: The most affordable city for this model is Washington, DC ($43,999), indicating a lower demand or higher inventory turnover in the capital.
- Correlation Between Listings and Price Variability: Cities with more listings, like Chicago (45) and Philadelphia (43), show prices that are considerably higher than in Washington, suggesting that inventory levels can impact price stability but not necessarily drive them down in major urban areas.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Boston, MA | 40 | $80,777 |
| Chicago, IL | 45 | $62,968 |
| Philadelphia, PA | 43 | $68,619 |
| New York, NY | 41 | $49,275 |
| Dallas, TX | 40 | $62,263 |
| Los Angeles, CA | 39 | $46,003 |
| Atlanta, GA | 46 | $45,719 |
| Washington, DC | 44 | $43,999 |
Pricing Analysis by Model Year
Key Insights
- Significant Appreciation in the Latest Model Year: The 2020 Ford Mustang Shelby GT350 is currently priced at $89,377, representing a substantial increase of +51.1% compared to its original MSRP, likely due to rarity and collector interest.
- Depreciation Trends in Earlier Models: The 2019 model shows a depreciation of -6.7%, while the 2018 model sees a more significant drop of -21.5%, indicating that demand may be more concentrated on newer models.
- Stable Pricing in Recent Models: The 2017 model has a current average price of $62,136, which is relatively stable compared to its MSRP, indicating that values hold better for slightly older performance vehicles.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2020 Ford Mustang Shelby GT350 | $59,140 | $89,377 | +51.1% |
| 2019 Ford Mustang Shelby GT350 | $59,140 | $76,907 | -6.7% |
| 2018 Ford Mustang Shelby GT350 | $55,940 | $67,884 | -21.5% |
| 2017 Ford Mustang Shelby GT350 | $54,845 | $62,136 | +13.3% |
These recommendations are based on CarGurus' proprietary market data from June 4, 2026, CarGurus experts' opinions, and generative AI.
