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2007 Ford Mustang Shelby GT500

At a Glance

Pricing $45,780
Drive Types RWD
Engines 5.4l V8
Transmissions M6
Fuel Economy 15 (city), 21 (highway)

Ford has unleashed the ultimate Mustang for 2007. The Shelby GT500 is without equal in the Mustang lineup in performance and price. Power is provided by a massive 5.4L V8 engine rated at 500 hp and 480 lb-ft of torque. Although the Mustang's solid rear axle is retained the GT500 gains a six-speed manual as the only available transmission. In addition to raw power, the GT500 also features a re-tuned suspension with 255/45ZR18 tires in front and 285/40ZR18 tires in the rear. Larger Brembo brakes help provide the necessary stopping power. Visually, the GT500 wears a distinctly styled front-end largely to help house and cool the larger engine. The performance comes at a price though with a price tag of $46,500.

What Changed:

All-new range topping Mustang features a 5.4L V8 rated at 500hp and a six-speed manual. The ultimate factory-tuned Mustang also features upgraded suspension, brakes and large 18-inch tires.

Model/Trim/Package Engine MPG VjI Base Price
Shelby GT500 Convertible 5.4l V8 (500-bhp) M6 RWD 15/21/18 $45,780