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2012 Ford Mustang GT500 Has Few Miles on the Odometer; It's Cheaper Than a Dark Horse

2012 Ford Mustang GT500 for sale by PC Classic Cars 18 photos
Photo: PC Classic Cars
2012 Ford Mustang GT500 for sale by PC Classic Cars2012 Ford Mustang GT500 for sale by PC Classic Cars2012 Ford Mustang GT500 for sale by PC Classic Cars2012 Ford Mustang GT500 for sale by PC Classic Cars2012 Ford Mustang GT500 for sale by PC Classic Cars2012 Ford Mustang GT500 for sale by PC Classic Cars2012 Ford Mustang GT500 for sale by PC Classic Cars2012 Ford Mustang GT500 for sale by PC Classic Cars2012 Ford Mustang GT500 for sale by PC Classic Cars2012 Ford Mustang GT500 for sale by PC Classic Cars2012 Ford Mustang GT500 for sale by PC Classic Cars2012 Ford Mustang GT500 for sale by PC Classic Cars2012 Ford Mustang GT500 for sale by PC Classic Cars2012 Ford Mustang GT500 for sale by PC Classic Cars2012 Ford Mustang GT500 for sale by PC Classic Cars2012 Ford Mustang GT500 for sale by PC Classic Cars2012 Ford Mustang GT500 for sale by PC Classic Cars
The Shelby Mustang story began a long time ago, during the second part of the 1960s, but it endures to this day – well, almost. That's because we're still waiting for a Shelby variant from Ford Performance for the S650 seventh generation.
By the way, don't confuse your Shelbys – there are both GT350 and GT500 models produced by Shelby American and the performance division of the Ford Motor Company, often running in parallel. For example, right now, there's no S650 Ford Mustang Shelby GT350 or GT500 from Ford Performance, but you can order a brand-new seventh-generation Mustang from Shelby American in the form of the 830-hp Super Snake – even with right-hand drive if you reside in the United Kingdom.

Back to America, while waiting for the next Shelby from Ford Performance, should we spend the cash on something else from the Mustang stable? For example, the new pinnacle of the series is the $325k Ford Mustang GTD with 800 horsepower, and the 5.2-liter supercharged V8 from the previous GT500. However, it lacks the GT500 badging and also costs two arms and two legs.

If you're into exotic stuff and the 2024 Ford Mustang GT is not enough, the Dark Horse is the higher tier with 500 horsepower on tap and the same 5.0-liter Coyote V8. However, it's only slightly more powerful than the GT and costs almost $59k (without destination charges) instead of $47k, like a Mustang GT Premium. Heck, the regular Mustang GT is even 'cheaper' as it starts from $42,460.

Alas, we're here to talk about a Shelby GT500 – and it's all because PC Classic Cars, a Sherman, Texas-based old-school dealership, has an interesting proposal for the enthusiasts of the Shelby GT500 Mustang - an S-197 II from 2012. Equipped with the 5.4-liter Modular four-valve V8 and sending power through a Tremec six-speed manual transmission, this two-door coupe has more power than a Dark Horse – 550 horsepower and 510 lb-ft (691 Nm) of torque, enabling a skid pad rating of exactly one G.

This example shows just 9,113 'actual' miles – not the pesky "actual mileage cannot be verified" variety. The exhaust has factory manifolds, but the dual unit has an X-pipe and Borla mufflers, while the powered four-wheel disc brakes have Brembo front calipers. The exterior is dressed in an original Grabber Blue paintjob sprinkled with the factory GT500 side and over-the-top shite stripes, plus body-colored exterior mirrors.

Inside, the atmosphere is a code 'Q2' Charcoal leather across the Recaro sport bucket seats with white accents, there's a SYNC package and a Shaker 500 audio package. Miscellaneous information includes the 19-inch premium forged aluminum wheels, the JLT cold air intake, factory 3:55 rear gears, as well as a clean Carfax, the original window sticker reading an MSRP of $51,200, a Shelby certificate, a Marti report, and more. At the end of the day, the dealership wants $49,500 for the 2012 Ford Mustang Shelby GT500 – do you think it's worth it?

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About the author: Aurel Niculescu
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Aurel has aimed high all his life (literally, at 16 he was flying gliders all by himself) so in 2006 he switched careers and got hired as a writer at his favorite magazine. Since then, his work has been published both by print and online outlets, most recently right here, on autoevolution.
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