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The fifth-generation Mustang convertible concept, which resembles the later Shelby GT500. Developed between February and November 2002, two pre-production concept cars, a convertible and coupe model, were presented by Ford at the 2003 North American International Auto Show on January 5, 2003.
Shelby and Ford returned for the 2007 model year with the Shelby GT500. Introduced at the 2005 New York International Auto Show , the GT500 uses a supercharged and intercooled Modular 5.4 L; 330.0 cu in (5,408 cc) V8 engine rated at 500 hp (507 PS; 373 kW) at 6,000 rpm and 480 lb⋅ft (651 N⋅m) at 4,500 rpm of torque . [ 44 ]
The company reports market value prices for new and used automobiles of all types, as well as motorcycles, snowmobiles and personal watercraft. [16] For both new and used automobiles, Kelley Blue Book provides a fair market range and fair purchase price, based on actual transactions of what others are paying for a vehicle and adjusted regularly as market conditions change.
Shelby's big-block 1969 Mustang last sold for $96,000 in 2018.
For 2007, Ford's SVT launched the Shelby GT500, a successor to the 2003/2004 Mustang SVT Cobra. The supercharged and intercooled Ford Modular 5,408 cc (5.4 L; 330.0 cu in) DOHC 4 valves per cylinder V8 engine with an iron block and aluminum heads was rated at 500 hp (507 PS; 373 kW) at 6,000 rpm and 480 lb⋅ft (651 N⋅m) of torque at 4,500 rpm.
It had the 428 c.i. Cobra Jet engine introduced the same year. In early 2007, Shelby had announced that they would release a new GT500KR based on S-197 Mustangs for the 2009 model year. The package was only available through Shelby for all 05+ S-197 based GT500's.
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