Motorcar Classics

380 Smith Street, Farmingdale, NY 11735
4.9
4.9 out of 5 stars

Used 2008 Ford Shelby GT500 Base

14,555 miles
For Sale:$59,900

$10,000(-14.3%)price drop

Estimated payment:$1,358/mo.
$0 trade-in, 10% down payment, 48 months, Great credit score

Value ChartA visual chart indicating the fair price range is between $38,600 and $45,400, while the current price is $59,900.$38,600 - $45,400$59,900
  • Priced at $59,900, this vehicle is $14,500 above the high end of its fair market value of $45,400.

  • The current fair market price range is between $38,600 to $45,400.

  • It has 14,555 miles, which is 9,645 (40%) below the median mileage of 24,200.

Note: This is an estimate based on a variety of factors (experimental feature). It is intended to provide a fair market value range to help guide your buying decision.

View Full Value Report

SequenceDatePrice ChangeCurrent Price
1.6/10/2025 (a year ago)$89,900
2.8/29/2025 (8 months ago)-$10,000 (-11.1%)$79,900
3.9/14/2025 (7 months ago)-$10,000 (-12.5%)$69,900
4.10/5/2025 (7 months ago)-$10,000 (-14.3%)$59,900
  • Car
  • Convertible
  • Sport
  • Spacious Front Legroom
  • Condition
    Used
  • Mileage
    14,555miles
  • Aggregate Ratings
    3.2
    3.2 out of 5 stars
  • Generation
    1(2007 - 2009)
  • Trim
    Base
  • Drivetrain
    Rear Wheel
  • Transmission
    6-Speed Manual
  • MPG
    14 city20 highwayMax range: 320 miles
  • Exterior Color
    Performance White Clearcoat (White)Factory Paint Code:HP
  • Interior Color
    Black
  • Roof Color
    Black Factory Paint Code:A
  • Upholstery
    Leather
  • Size Segment
    Subcompact
  • Doors
    2
  • Max Seating
    4
  • Max Towing Capacity
    0lbs.
  • Ground Clearance
    5.7inch
  • Final Assembly Point
    Flat Rock, Michigan
  • VIN
    1ZVHT89S485170984
  • Starting MSRP
    $46,995

Engine5.4L V8 Gasoline 500hp

  • Fuel Type:Gasoline
  • Fuel Quality:93
  • Max Horsepower:500 hp @ 6000 rpm
  • Power to Weight Ratio:8.08lbs/hp
  • Max Torque:480 ft.lbf @ 4500 rpm
  • Displacement:5.4liters
  • Block Type:V
  • Cylinders:8
  • Aspiration:Supercharged
  • Fuel Induction:Fuel Injection
  • Redline:6,250rpm
  • Oil Capacity:6.2liters
  • Cam Type:DOHC
  • Stroke:4.17
  • Bore:3.55
  • Valves:32

Message from the seller

2008 Ford Shelby GT500 upgraded to factory Supersnake specifications! Motorcar Classics is pleased to offer this unique GT500 Supersnake Tribute car presented in white with black racing stripes and black and blue interior. 14,555 1-owner miles! Clean Carfax. This car was custom built by a Tasca Ford engineer in Rhode Island and has a Shelby billet Supersnake wheels ($10,000), Supersnake mats and Shelby Supernsnake brakes ($4,000). Equipped with a Whipple Supercharged V8 700 HP motor and a 6-speed manual transmission. This car has also been signed by Carrol Shelby. Your inspection is invited!

* Based on opinions and should be considered as general guidance only.

  • Reliability (4)
    4 out of 5 stars
    The iron-block engine is overbuilt and very durable, with most issues being minor electrical gremlins or premature clutch wear under heavy use.
  • Maintenance (3)
    3 out of 5 stars
    While routine oil changes are straightforward, specialized Shelby parts and high-performance tires add a significant premium to long-term running costs.
  • Technology (2)
    2 out of 5 stars
    Technology is primitive by modern standards, featuring a basic Shaker audio system and lacking any navigation or advanced driver-assistance features common in European rivals.
  • Comfort (3)
    3 out of 5 stars
    The cabin is spacious for a coupe, but the ride is notably stiff over bumps and the interior plastics reflect the base Mustang's budget roots.
  • Dynamics (4)
    4 out of 5 stars
    The supercharged 5.4L V8 offers immense straight-line power, though the live rear axle and heavy front end make it less composed in technical corners than its peers.

  • Comfort & Seating:

    • Power Seats
  • Safety:

    • Tire Pressure Monitoring

  • Seating:

    • Seating Rows:2
    • Standard Seating:4
    • Max Seating:4
    • Head Room (front):38.8in.
    • Leg Room (front):42.7in.
    • Shoulder Room (front):55.4in.
    • Hip Room (front):53.6in.
    • Head Room (rear):36.3in.
    • Leg Room (rear):30.3in.
    • Shoulder Room (rear):45in.
    • Hip Room (rear):45.4in.
  • Measurements:

    • Length:188in.
    • Width:73.9in.
    • Height:55.7in.
    • Ground Clearance:5.7in.
    • Wheelbase:107.1in.
    • Front Track:61.9in.
    • Rear Track:62.5in.
  • Interior Dimensions:

    • Passenger Volume:81.6cuft
    • Cargo Volume:9.7cuft
  • Weight:

    • Curb Weight:4,040lbs
  • Wheels & Tires:

    • Wheel Diameter:18.0 x 9.5in.
    • Wheel Diameter (rear):18.0 x 9.5in.
    • Tire:P255/45ZR18
    • Tire (rear):P285/40ZR18
  • Performance:

    • Power to Weight Ratio:8.08lbs/hp
  • Fuel Tank:

    • Fuel Tank Volume:16gallon

All warranties have now EXPIRED

  • Powertrain
    5 years/60,000 miles
  • Roadside Assistance
    5 years/60,000 miles
  • Safety Restraint System
    5 years/60,000 miles
  • Corrosion Perforation
    5 years/unlimited miles
  • Bumper to Bumper
    3 years/36,000 miles

2008 Ford Shelby GT500: A Modern Muscle Legend

The 2008 Ford Shelby GT500 stands as a significant iteration of the iconic Mustang, blending raw American muscle with modern performance enhancements. Building on the Shelby legacy, this generation offered a potent combination of power, style, and a thrilling driving experience, solidifying its place as a desirable collector's item and a formidable performer.

Highlights

  • Engine: At the heart of the 2008 GT500 lies a supercharged 5.4L V8 engine. This powerhouse churns out an impressive 500 horsepower and 480 lb-ft of torque, delivered through a throaty exhaust note. The supercharger provides an immediate and visceral surge of acceleration, making this Mustang a true thrill to drive. It's mated to a robust 6-speed manual transmission, offering precise shifts and an engaging connection to the road.
  • Safety Features: While a performance car, the 2008 GT500 did not compromise on safety. Standard safety features include:
    • Front Airbags: Dual-stage front airbags provide advanced occupant protection in the event of a frontal collision.
    • Front Side-Impact Airbags: These airbags are integrated into the seats to protect the driver and front passenger's torso during side impacts.
    • Anti-lock Braking System (ABS): ABS prevents wheel lock-up during hard braking, allowing the driver to maintain steering control and shorten stopping distances.
    • Traction Control: This system helps prevent wheel spin during acceleration, especially on slippery surfaces, improving stability and grip.
    • Electronic Stability Control (ESC): ESC monitors steering and braking inputs and can automatically apply brakes to individual wheels or reduce engine power to help the driver regain control in critical situations.
  • Trims: The 2008 Shelby GT500 was offered in a single, highly-equipped trim level, ensuring that most performance-oriented buyers received a comprehensive package right out of the gate. However, optional packages and accessories allowed for further personalization.
  • Other Notable Aspects:
    • Aggressive Styling: The GT500 boasts a distinct and aggressive exterior design, featuring unique badging, a revised front fascia with larger air intakes, a functional hood scoop, and a rear spoiler. These elements not only enhance its visual appeal but also contribute to its aerodynamic performance.
    • Performance Suspension: Ford equipped the GT500 with a performance-tuned suspension system, including stiffer springs and dampers, as well as a larger rear stabilizer bar. This tuning contributes to improved handling and reduced body roll during spirited driving.
    • Brembo Brakes: High-performance Brembo brakes were a significant upgrade, providing exceptional stopping power and fade resistance, essential for a car with this level of performance.
    • Retro-Inspired Interior: The interior often featured Shelby-specific touches like unique badging on the steering wheel and dashboard, as well as bolstered seating to provide better support during dynamic driving.

What to Expect

Owning a 2008 Ford Shelby GT500 is an experience steeped in the thrill of American muscle. Owners can expect a car that is exhilarating to drive, with a potent engine and responsive handling. The supercharged V8 delivers a satisfying performance, making everyday commutes or weekend drives feel special.

Maintenance: As with any high-performance vehicle, the GT500 requires diligent maintenance. This includes regular oil changes with appropriate synthetic oil, checking and topping off coolant and brake fluid, and inspecting tires for wear. Due to its performance-oriented nature, expect parts like tires and brake pads to wear slightly faster than on a standard Mustang. Finding a mechanic familiar with supercharged V8 engines and the specific needs of Shelby vehicles is recommended. Routine maintenance costs will likely be higher than for a standard sedan or even a base Mustang.

Insurance: Insurance premiums for a 2008 Shelby GT500 will typically be higher than for a more common vehicle. Factors such as the car's performance, potential for theft, and the cost of parts and repairs will influence these costs. Expect to pay more for comprehensive and collision coverage to protect your investment.

Potential Considerations

  • Ride Comfort: While the performance suspension provides excellent handling, it can also lead to a firmer ride quality compared to more comfort-oriented vehicles. Bumps and road imperfections will be more noticeable, which might be a consideration for those prioritizing a plush ride.
  • Fuel Economy: Unsurprisingly, the supercharged 5.4L V8 is not designed for fuel efficiency. Owners should anticipate significantly lower miles per gallon, especially when driving enthusiastically.
  • Interior Noise: The aggressive exhaust note and the presence of the supercharger can contribute to a certain level of interior noise, particularly at higher RPMs. While many enthusiasts welcome this, it could be a point of contention for those seeking a quieter cabin experience.
  • Visibility: Like many performance coupes, the GT500's sloping roofline and thicker C-pillars can create some blind spots, requiring drivers to be more aware of their surroundings, especially when changing lanes or parking.

Overall Summary

The 2008 Ford Shelby GT500 is a potent and stylish celebration of American automotive heritage. It delivers exhilarating performance with its supercharged V8 engine and agile handling, making it a compelling choice for performance enthusiasts. While requiring dedicated maintenance and offering a less-than-economical fuel experience, its iconic status, thrilling driving dynamics, and distinctive Shelby character make it a highly rewarding vehicle for those seeking a true muscle car legend.

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Listed on June 6, 2025 (a year ago)
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