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Rare Driver: 2007 Ford Mustang Shelby GT

If I told you that you could own a road-ready Ford Mustang carrying the revered Shelby badge for under $20,000, many enthusiasts probably wouldn’t be able to get their wallets out of their pockets fast enough. That is the opportunity awaiting the next owner of this 2007 Mustang Shelby GT. It is an original and unmolested survivor in excellent condition for its age. It is a turnkey proposition possessing the performance credentials synonymous with the Shelby name. The seller has listed the Mustang here on Barn Finds Classifieds in Pompano Beach, Florida. You could drive it away by handing over $18,900.

The Shelby GT hit the market in 2007 as a mid-range offering slotted between the regular Mustang GT and the Shelby GT500. They are easy to spot, courtesy of the deleted rear spoiler and the retro-style Shelby hood scoop. Buyers could choose from two paint shades in 2007, with this car’s original owner selecting Performance White with the distinctive Silver stripes and decals. This combination is far more subtle than the Black/Silver alternative, giving the car a muscular but restrained appearance. The overall condition of this classic is impressive, considering it has sixteen years of active service under its belt. The paint shines beautifully, and any flaws or defects in it or the panels are too insignificant to show in the supplied photos. The stripes and decals look as crisp as they would have the day they were applied, and the plastic is crack and damage-free. The tinted glass is spotless, and the beautiful 18″ alloy wheels are free from stains and physical damage.

In keeping with the Shelby philosophy, this GT is more than just a pretty face. Its 4.6-liter V8 benefits from a functional cold-air intake and other tuning tweaks, allowing it to pump out 319hp and 330 ft/lbs of torque. Those ponies feed to a 3.55 limited-slip rear end via a five-speed manual transmission, while the rack-and-pinion steering and four-wheel disc brakes receive power assistance. Such has been the rapid development of automotive technology that it was only a few years earlier that Mustang buyers dreamed of having over 300hp under their right foot. This car puts its mighty V8 to good use, storming the ¼-mile in 13.4 seconds on the way to 159mph. The seller indicates this classic has 85,304 miles on the clock, confirming it has been driven and enjoyed as its creators intended. The distinctive wheels are wrapped in new tires, and this gem runs and drives exceptionally well. Potential buyers should consider it a turnkey proposition promising years of reliable and rapid motoring pleasure.

The positive vibes continue when we focus on this GT’s interior. Its Charcoal leather upholstery looks impressive for its age, with no significant wear or other issues. The dash and console are spotless, and there are no signs of abuse, neglect, UV damage, or aftermarket additions. I hesitate to describe the condition as perfect, but it would cause its new owner no shame if they rocked up at a Cars & Coffee behind the wheel of this classic. They would do so in safety and comfort because this Sheby includes a collection of airbags, air conditioning, power windows, power locks, a six-way power driver’s seat, cruise control, a leather-wrapped wheel, and an AM/FM radio/CD player.

The seller describes this 2007 Mustang Shelby GT as a clean and solid car that should be an appreciating asset for its new owner. That is no idle boast because these cars have defied the odds in a classic market that has recently softened. Values have climbed by around 2% across the board in the past year, and while that doesn’t sound like much, there is evidence the trend is accelerating. Hmm, a classic car that offers an exhilarating driving experience, power to burn, and is a promising long-term investment. I can’t see a downside to that scenario. Can you?


  1. SirRaoulDuke

    These are rare because Shelby’s pricing structure was stupid. The Shelby GT was $10k more than a regular Mustang GT, for $2500 in parts and some appearance stuff…for 19 more horsepower. The supercharged GT500, with 200 more hp for a total of 500 ponies was only $6k more than this car. You can imagine which one buyers that wanted a Shelby went for.

    But fast-forward to today, and I believe this car presents as a good value. Regular Mustang GT’s of this era are now commanding the same price as this car, might was well go for this one and have a Shelby. You get the rarity of a Shelby product without the $30k+ a GT500 commands. You are buying a car to enjoy, but that enjoyment is probably cruising around looking good, enjoying the sound of the engine and exhaust, and doing the cars and caffeine thing…not stoplight drags and going to the strip for 1/4 mile times so who cares about not having the supercharged Shelby.

    Looks to be a very well cared for example, and I don’t think the miles are a concern with that level of care.

    Like 10
    • JoeNYWF64

      Even worse, compared to the amazing ’60s Shelby BODY modifications, there is nothing to tell you this is a Shelby, other than the emblems!
      It’s not like Ford didn’t already make full width tailights – look at those on the two 2003 Mustang concepts.
      “After the show circuit ended, both concepts were sold at a charity auction. The convertible was up for sale again [in 2016] and the seller wanted $350,000(USD). For that price, you got a car that was strictly meant for display, and not certified for driving on public roads.”
      [though i bet it is a lot safer than driving a ’60s mustang!].

      Like 3
    • Rolo

      But the shelby GT500 wasnt produced by shelby, it was a roush with his name on it.

      Like 5
      • SirRaoulDuke

        The GT500 was an SVT car, not a Roush. See https://www.caranddriver.com/reviews/a18202735/2007-ford-mustang-shelby-cobra-gt500-review/

        Either way, it gets you a fancy Shelby Registry certificate, if that is the sort of thing you want to pay for and hang on the wall.

        Like 3
      • BillWoeb

        The 2007+ GT500 was NOT a Roush product with the Shelby name on it!

        It was designed, engineered and developed by the Ford SVT team. I was on that team.

        Roush was contracted for some engineering and shop services but the GT500 was 100% a Ford product!

        Like 10
  2. Bob_in_TN Bob_in_TN Member

    Nice car. If you are looking for something a little different than a regular GT, this is worth taking a look. Not low miles but looks like it has had good care.
    Another example of a 5th Generation Mustang which I think is destined to increase in value.

    Like 10
  3. Roger Upton

    When you hit the turns, this left the GT500 in the dust.

    Like 3
  4. Stan

    Is the hood scoop functional ?
    Ford had a bad habit of equipping these late mustang models with the useless kind.

    Like 2
    • Gary G

      It is not. Also be aware that the original scoops were made of polyurethane, and can warp in sunlight heat. New replacement scoops made of fiberglass can only be purchased from Shelby.

      Like 2
  5. Mark

    13.4 sec 1/4 mile? I doubt it, more like low to mid 14’s. I had a 05 GT very fun to drive. Nice car.

    Like 4
  6. Steve

    Just a five speed? I’d expect a six.

    Like 3
    • Genralee

      The 2007 GT500 has the 6 speed. It’s a hard shift. If you had a Shelby GT and a GT500, you would love the way the 5 speed shifts compared to the 6 speed. Getting the 6 speed in reverse sometimes is ridiculous difficult. I find that putting it in first and roll forward just a little bit and then catch reverse before a complete stop is the trick. I think these easy to drive Shelby GTs are going to be a valuable car one day. After all, they do have the official Shelby badge under the hood and on the dash.

      Like 3
      • Steve

        Makes a lot of sense. I drove a six speed 2020 Camaro double SS this past weekend and I was surprised how difficult it was for me to shift and I’m a three pedal guy.

        Like 2
  7. Genralee

    I have one of the opposites, black with silver stripes. Yes, the hood scoop is non functional, but looks fantastic. This is an easy car to drive, even though it’s a stick, it has one of the best shifting transmissions and shifter combinations I have ever driven. It’s fun and safe. Sounds awesome too. This is a bargain deal I think. I paid 23k for mine about 4 years ago with 21k miles on it. The only gripe I have is that Shelby lowers these cars but does not install a bump steer kit on it and therefore doesn’t adjust the bump steer alignment. It can get a little out of control at around 70mph on a road that has an occasional bump. But hey, a bunch of people lower their car without adjusting the bump steer, just expected more from a speed shop like Shelby.

    Like 5
  8. Kim Paige

    A lot of fun car for the money. I have a 08 GT/CS convertible, both very similar, in fact they used the same prototype during development. Great sound!!!!

    Like 0

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