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2008 Ford Mustang Shelby GT500 Convertible: market value and price history

2008 Ford Mustang Shelby GT500 Convertible Market Value & Price History

The 2008 Ford Mustang Shelby GT500 Convertible has a current market value of $39,020 as of Oct 12, 2026, based on 19 verified auction sales tracked by DriveIndex, with half of the verified USD sales since 2015 between $30,000 and $44,500. Based on US sales through Aug 20, 2026. 2 have sold in the past 12 months, and 19 are listed for sale from $29,201 to $129,900.

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Market Value
$39,020
Sales through Aug 2026
Median Sale
$35,000
Typical Range
$30,000 – $44,500
middle half of sales · full $23,001–$67,000
Auction Sales
19
Avg Mileage
22,083
For Sale
19
Last checked Oct 12, 2026
Original MSRP
$47,155

Data: DriveIndex. 19 verified auction sales for the 2008 Ford Mustang Shelby GT500 Convertible, latest sale Aug 20, 2026. Value as of Oct 12, 2026. Methodology

What members see for the 2008 Ford Mustang Shelby GT500 Convertible

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2008 Ford Mustang Shelby GT500 Convertible For Sale (19)

Last checked Oct 3, 2026, unless a listing shows its own date

Used 2008 Ford Mustang Shelby GT500
54,644 mi · Larry H. Miller Ford Lakewood ↗
$29,201
Used 2008 Ford Mustang Shelby GT500
76,000 mi · Frieling Auto Sales ↗
$29,995
Used 2008 Ford Mustang Shelby GT500
50,883 mi · Uptown Motors Inc ↗
$31,995
Used 2008 Ford Mustang Shelby GT500
63,863 mi · Cosmo Motors ↗
$31,997
Used 2008 Ford Mustang Shelby GT500
21,203 mi · Koons Ford Falls Church ↗
Last checked Sep 30, 2026
$32,156
Used 2008 Ford Mustang Shelby GT500
40,111 mi · SEIBEL'S AUTO WAREHOUSE ↗
$32,800
Used 2008 Ford Mustang Shelby GT500
57,787 mi · Victory Chrysler Dodge Jeep Ram ↗
$32,995
Used 2008 Ford Mustang Shelby GT500
33,642 mi · Huber Automotive Inc. ↗
Last checked Sep 15, 2026
$34,960
Follow this car for a daily digest of new listings →All Mustang Shelby GT500 Convertible for sale →

2008 Ford Mustang Shelby GT500 Convertible Price History

The median 2008 Ford Mustang Shelby GT500 Convertible sold for $36,500 in 2025, against $33,050 in 2021. Each row is the median of the verified sales recorded in that calendar year, so it moves with the mix of mileages and options that came to market as well as with the market itself.

YearMedian saleSales
2025$36,5004
2023$38,0003
2022$35,5004
2021$33,0503

Years with fewer than three verified USD sales are omitted — a one-sale “median” is a single car, not a market.

Recent 2008 Ford Mustang Shelby GT500 Convertible Auction Results

SoldPriceMileageGearbox
Aug 20, 2026$48,00011,000 miManual
Mar 10, 2026$27,82050,550 miManual
Oct 9, 2025$23,00128,000 miManual
Sep 28, 2025$28,50018,000 miManual
Aug 28, 2025$44,50011,000 miManual
Jan 24, 2025$50,400——
Apr 12, 2024$32,25010,000 mi—
Mar 15, 2024$35,00018,598 mi—
Oct 31, 2023$38,0006,000 miManual
Oct 24, 2023$38,500780 miManual
Oct 5, 2023$30,00038,000 miManual
Oct 14, 2022$42,00013,397 mi—
Oct 10, 2022$67,00011,000 mi—
Feb 27, 2022$28,02754,000 miManual
Feb 10, 2022$29,00054,000 miManual

Verified results from the world's leading collector-car auction houses and marketplaces.

All Ford Mustang Shelby GT500 Convertible auction results →

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Ford Mustang Shelby GT500 Convertible by Year

All Mustang Shelby GT500 Convertible →20142013201220112010200920082007
Which Mustang Shelby GT500 Convertible year should you buy? Every year compared →

2008 Ford Mustang Shelby GT500 Convertible: Frequently Asked Questions

How much is a 2008 Ford Mustang Shelby GT500 Convertible worth?

A 2008 Ford Mustang Shelby GT500 Convertible is worth approximately $39,020 as of Oct 12, 2026, based on 19 verified auction sales tracked by DriveIndex. Based on US sales through Aug 20, 2026. Half of all verified sales fall between $30,000 and $44,500; the full verified range is $23,001 to $67,000. Condition, mileage and options move an individual car within that band.

How much did a 2008 Ford Mustang Shelby GT500 Convertible cost new?

The 2008 Ford Mustang Shelby GT500 Convertible carried an original MSRP of $47,155. Verified examples now trade around $39,020.

How much has the 2008 Ford Mustang Shelby GT500 Convertible depreciated?

The 2008 Ford Mustang Shelby GT500 Convertible is worth about 17% less than it cost new: it carried an original MSRP of $47,155, and verified examples now trade around $39,020. That compares today's value with the sticker price, not adjusted for inflation.

How many 2008 Ford Mustang Shelby GT500 Convertible sell per year?

2 have sold at auction in the past 12 months. DriveIndex has tracked 19 2008 Ford Mustang Shelby GT500 Convertible sales in total.

Are 2008 Ford Mustang Shelby GT500 Convertible sale prices higher or lower than a year ago?

There aren't yet enough recent sales to compute a reliable 12-month price direction for the 2008 Ford Mustang Shelby GT500 Convertible. The full Value Signal classification (appreciating, stable, bottomed, or depreciating) and its 1–5 year projection are part of DriveIndex Pro.

Where can I buy a 2008 Ford Mustang Shelby GT500 Convertible?

DriveIndex lists 19 2008 Ford Mustang Shelby GT500 Convertible for sale, priced from $29,201 to $129,900 (last checked Oct 12, 2026). DriveIndex aggregates for-sale listings and auction results from the world's leading collector-car auction houses and marketplaces.

More Ford Models

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