Few names resonate as strongly as the Shelby GT500 in the realm of iconic American muscle cars. Its legacy of raw power and timeless style has captivated enthusiasts for generations. Recently, a low-mileage, pristine example of this legendary breed went under the gavel on BringATrailer.com (BaT).
This 2011 Ford Mustang Shelby GT500 Convertible was originally acquired brand new from Green Ford of Greensboro, North Carolina, and it has traveled a mere 6,000 miles since leaving the showroom floor. Cloaked in sleek Black attire adorned with striking Grabber Blue stripes and side graphics, this GT500 Convertible commands attention wherever it roams.
But it’s not just about looks – under the hood lies the heart of a true muscle car. Powered by a supercharged 5.4-liter DOHC V8 engine, factory-rated at a robust 550 horsepower and 510 lb.-ft. of torque, this Shelby GT500 delivers exhilarating performance with every press of the throttle. Paired with a Tremec 6-speed manual transmission and a limited-slip differential, it offers a visceral driving experience that enthusiasts crave.
The 2011 model year significantly enhanced the GT500 lineup, including a new aluminum engine block. Developed in collaboration with Flame-Spray Industries, this innovative block features cylinder bores coated with an iron and iron oxide composite, applied using Plasma Transferred Wire Arc (PTWA) technology. This cutting-edge process sheds weight – the block was 102 lbs lighter than its predecessor – and enhances durability and performance.
Inside the cabin, a blend of comfort and performance awaits. Charcoal Black leather upholstery with blue stripes and embossed Shelby Cobra logos adorns the front sport bucket seats, while modern amenities such as a Shaker sound system, CD stereo, cruise control, and air conditioning elevate the driving experience.
This GT500 Convertible recently found a new home on BaT, fetching an impressive $42,000 at no reserve.
While muscle cars have continued to climb in value over the past couple of years, there are still opportunities to acquire low-mileage, great-condition older examples for a reasonable price. This GT500 Convertible represents such an opportunity, offering enthusiasts a chance to own a piece of automotive history at an attractive price point.