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This 2016 Ford Mustang Shelby GT350 or a New 2024 Mustang GT Fastback?

2016 Ford Mustang Shelby GT350 11 photos
Photo: Garage Kept Motors
2016 Ford Mustang Shelby GT3502016 Ford Mustang Shelby GT3502016 Ford Mustang Shelby GT3502016 Ford Mustang Shelby GT3502016 Ford Mustang Shelby GT3502016 Ford Mustang Shelby GT3502016 Ford Mustang Shelby GT3502016 Ford Mustang Shelby GT3502016 Ford Mustang Shelby GT3502016 Ford Mustang Shelby GT350
With the deliveries of the new-gen Mustang kicking off earlier this year, more and more copies of Ford's latest muscle car have been put through their paces in various challenges. And while it is an improvement over its predecessor, real enthusiasts are still waiting for the Shelby versions to come out.
The range-topping GT500 is said to be some two years away, and hopefully by the time it premieres, we will see some lesser specs to bridge the gap between it and the Dark Horse that sits at the top end of the 2024 Ford Mustang lineup.

A brand-new Mustang Dark Horse will cost you at least $59,270 or $63,265 for the Premium trim level, both having a 500 hp (507 ps/373 kW) 5.0L V8. The 480 hp (487 ps/358 kW) Mustang GT comes from $42,495, and the Premium and Convertible start at $47,015 and $52,515, respectively.

But what else can you get for over $40,000 in today's market if you're into V8-powered muscle cars? One option would be the Shelby GT350 based on the S550 generation. If this one's on your shopping list, then you should know that the pictured example is for sale. It is a 2016 model with 11,987 miles (19,291 km) on the odo that costs $48,900, or about as much as a new 2024 Mustang GT.

Mind you, its firepower is superior to that of the new Mustang GT and Dark Horse, as it has 526 hp (534 ps/392 kW) produced by its 5.2-liter V8. The naturally aspirated mill is paired with a six-speed manual gearbox. The GT350 came out in 2014, with the public premiere hosted at the Los Angeles Auto Show, and it stayed in production until the 2020 model year, alongside the Shelby GT350R, its more hardcore sibling.

Presented in white on top of a black interior with suede upholstery and Recaro front bucket seats, this 2016 Ford Mustang Shelby GT350 may seem like a great choice. However, you should know that there is more than meets the eye, as it comes with a rebuilt/salvage title. According to Garage Kept Motors, which is advertising it here, a minor accident caused the engine to fail, though the mill has been rebuilt and it is in proper running condition.

Clearly a setback for most enthusiasts shopping for a dreamy muscle car that hasn't seen much action over the years, this Shelby GT350 is still an interesting choice, as similar copies usually sell for over $60,000. We'd recommend inspecting it in person, accompanied by a trusty mechanic if possible, and you will have to book an appointment with the vendor to do so. Now that you know what's wrong with it, would you still buy this Mustang Shelby?
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About the author: Cristian Gnaticov
Cristian Gnaticov profile photo

After a series of unfortunate events put an end to Cristian's dream of entering a custom built & tuned old-school Dacia into a rally competition, he moved on to drive press cars and write for a living. He's worked for several automotive online journals and now he's back at autoevolution after his first tour in the mid-2000s.
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