2009-2012 Shelby GT 500 Questions

[Bucks]

Just wondering if any one owns a 2009-2012 shelby Gt500 and what there thoughts are on these cars, pluses and negatives
They seem like reasonable value since the new Australian delivered mustangs came out.
Do people think these have hit close to the bottom out price for a shelby or that they have further to go?
Its just one locally has sparked my interest and not entirely sure if selling my 66 fastback is the right option or not.

[Gone65]

Hi Bucks,

I had a 65 Fastback and loved it to bits. I had it for 6 plus years. It didn't have power steering air con or any mod cons. It did have heaps of street appeal. I sold it and yes I miss it but.
The but is I always wanted to add to it to make it a modern car. This was part of the reason I sold it.I have recently purchased a 2011 Gt500 Convertible. It still has that Mustang street appeal and has around 3 times as much power with all the fruit.Will it go down in price thats the six million dollar question. I look to the future and hope that it stays the same sort of price I paid for it . I the mean time I am loving it more to drive than 65. I hope this answers a few questions.

[Bucks]

I have just been confused a little more about these late model GT500s, some say that some of them just went down the standard ford assembly line, others apparently went to the shelby workshops and some are just converted by mustang Motorsport in Melbourne.
this makes it a little confusing when trying to identify the genuine article.

[Gone65]

Yes Mustang Motor sport does a Shelby version on late model Aussie sold RHD Mustangs and makes them under licence into Shelbys. You can see the cost and the range on the Mustang Motor Sport web site . www.mustangmotorsports.com.au

My car is a SVT Shelby , a Shelby made in the US. Imported to Australia and converted to RHD.
Both SVT and Mustang MotorSport can convert a Mustang to a  Shelby's licenced product.  All will have an official Shelby ID tags. I hope this helps.

[mwizz]

I have just been confused a little more about these late model GT500s, some say that some of them just went down the standard ford assembly line, others apparently went to the shelby workshops and some are just converted by mustang Motorsport in Melbourne.
this makes it a little confusing when trying to identify the genuine article.

I visited Shelby American in Las Vegas in 2011 and had a tour of the facility including out the back where they were putting the Shelbys together. They said at the time that if someone wanted a Shelby they would order a GT from through a Ford dealer and select what Shelby package they wanted on it. The dealer would then send it to Shelby American and they put the Shelby package on it.

[jiffy]

The ‘07 - 14 Shelby’s will drop in value over time, just a natural consequence of being relatively modern and being superceded - but I don’t think they’ll drop too far due to their exclusivity- and at the end of the day that’s one of the reasons old Mustangs are so popular and retain their value. The new cars are superb but common and I think high-end buyers will want to replace them with or add a classic/rare Mustang to their stable at some stage - the rarity of even a recent Shelby means that’ll always be an option for those buyers!

[walbjj]

my brother had a 2011 shelby gt 500 svt convertible.
great car. awesome power. he purchased it in the usa, imported it, paid the taxes and got crossover conversions to convert it. ended up costing him about aud$125k all up (the dollar was still good at that time)
a lot of dreamers out there wanting $100+ for theirs, no chance its worth that.
i recall he traded it in and got $95k for it
he is waiting on the new 2018 mustang.
it wont go up in value as its not a true shelby imo, shelby in name, sure

[Gone65]

Looks like your brother made a bad decision about converting a car prior to new model Mustangs being imported to Australia.
If your looking for an investment as a car look at any limited edition performance model.Yep that includes your brothers former car it was one of 2000 world wide Shelby convertibles.Low mile (2011) Shelby verts have gone up in the US over the last 6 months after bottoming out.Looks like your brother sold his not so Shelby a tad early in my opinion.

[walbjj]

Looks like your brother made a bad decision about converting a car prior to new model Mustangs being imported to Australia.
If your looking for an investment as a car look at any limited edition performance model.Yep that includes your brothers former car it was one of 2000 world wide Shelby convertibles.Low mile (2011) Shelby verts have gone up in the US over the last 6 months after bottoming out.Looks like your brother sold his not so Shelby a tad early in my opinion.

perhaps, but he got $95k for it in a trade for an audi r8 v10 spyder. personally, i dont feel the new "shelby's" will have the same collectibility that the first gen shelby's have
also, back in 2011, when he made the decision to import the car, the dollar was good, and there was nothing on the horizon wrt ford australia bringing in the 2016 mustang fully converted. thats life and cars, we buy what we like and let the chips fall when it comes time , or something like that

[Gone65]

perhaps, but he got $95k for it in a trade for an audi r8 v10 spyder. personally, i dont feel the new "shelby's" will have the same collectibility that the first gen shelby's have
also, back in 2011, when he made the decision to import the car, the dollar was good, and there was nothing on the horizon wrt ford australia bringing in the 2016 mustang fully converted. thats life and cars, we buy what we like and let the chips fall when it comes time , or something like that


Thats true, 99% of Mustang buyers will make the decision to buy based on on two things what they like and how much they can afford. As far as modern Shelby's go only time will tell.
But as far as I am concerned I do know the following.
 They have a Shelby licence from a licence Shelby shop,( they are a Shelby) they have street creed on the road with people that like performance cars. And lastly when you push the loud button down towards the floor they put a smile on your face .

[Macka]

What a good thread to find my way back in on.  I was in the same boat but was thinking of buying a new convertible and having it made into a Shelby but Ford doesn't make it in a manual, so go figure.  I found a 2008, imported Shelby GT500 convertible that is very healthy with all the extras and it goes as well as it looks.  These things I believe will have good staying value in the market, as in a few years it will be the one that new buyers just can't get.  Carroll's signature is on the dash and that's good enough for me.

[Gone65]

Gee Bucks I hope we cleared the water on the topic , if you haven't already done so ,go for a drive of a late model Shelby and let us know what you think.
 If you want an investment car I have one of the last HSV coupes with low KLMs for sale if the Shelby doesn't do it for you.

[Bucks]

All good info, I am keen to go for a drive, but don't want to waste anyone's time as at the moment they are slightly above my budget that i could spend if i sold my 66FB.
The other thing that concerns me with modern vehicles is that they may not have the longevity that the old older points /carbie  steel vehicles have.
Lots of talk of wiring loom and ecu and computer failures after 10-15 years and plastics seem to turn into dust.   

[Gone65]

All good info, I am keen to go for a drive, but don't want to waste anyone's time as at the moment they are slightly above my budget that i could spend if i sold my 66FB.
The other thing that concerns me with modern vehicles is that they may not have the longevity that the old older points /carbie  steel vehicles have.
Lots of talk of wiring loom and ecu and computer failures after 10-15 years and plastics seem to turn into dust.

Good (points )....With Ford and Holden being so prolific making thousands of cars parts shouldn't be a problem in our life times.
A test drive of the Gt 500 is defiantly recommended .The Shelby is a delight to drive and a real beast .
For the record I sold my 65FB for 65K in 2014 . The car recently changed hands again for 75K . This was after 19 inch wheels and a 347 crate motor had been added .
The 66 will hold its value better than late model Mustang will , but its what floats your boat.

[Macka]

I still love mine..