Shelby GT350
As a homologation special for SCCA racing, Shelby's GT350 transformed the Mustang into a track-ready weapon. Today, it's the pure 1965 models that are the most sought-after by collectors.
Find one with Spotter →Typical sold price of a Shelby GT350 ranges from $30,405 to $449,324, based on 1,229 sales tracked on Hypercars. 128 currently for sale.
The Shelby GT350 began in 1965 as a homologation special, turning Ford's Mustang Fastback into a track-ready weapon for SCCA racing. Carroll Shelby's team installed a modified 289 K-Code V8 making 306 horsepower, upgraded the suspension, and removed the rear seat to qualify it as a two-seater sports car. The first-year 1965 models, available only in Wimbledon White with Guardsman Blue stripes, are the purest and most sought-after examples, especially the 34 purpose-built R-Models.
Collectors prize the GT350 for its racing pedigree and direct connection to Carroll Shelby. Authenticity and documentation are paramount, as many Mustangs were later cloned into GT350 lookalikes. While early 1965-1966 cars represent the peak of the market, later models from 1967-1970 offered more comfort and styling options. The modern 2015-2020 GT350 and GT350R revived the nameplate with a high-revving, 5.2L flat-plane crank V8, creating a new generation of collectibles.
The market for the GT350 is broad, with a clear separation between vintage and modern cars. The seven-figure values are reserved for documented, numbers-matching 1965 and 1966 cars, particularly the ultra-rare R-Models. The average sale price of $233,067 is heavily skewed by these top-tier sales. Modern GT350s offer a much more accessible entry point and have proven to hold their value well, especially the track-focused GT350R variants.
Buying Tips
- Verify authenticity with the Shelby American Automobile Club (SAAC) registry; numbers-matching components are critical for value.
- Inspect for rust thoroughly, paying close attention to floor pans, rear frame rails, trunk drop-offs, and the cowl area.
- Prioritize cars with complete documentation, including original invoices, ownership history, and restoration photos.
- For 2015-2020 models, inquire about oil consumption history, as early 5.2L Voodoo engines had known issues.
Prices range from $28,500 for modern examples to $3,750,000 for historically significant 1965 race cars.
1,229 Shelby GT350 vehicles have been tracked across auctions and listings on Hypercars, with 128 currently live. Sold prices range from $500 to $3,850,000.
Data sourced from Bring a Trailer, Cars & Bids, eBay Motors, PCarMarket, and Collecting Cars. Updated daily.
Frequently Asked Questions
How much does a Shelby GT350 cost?
Based on 1,229 sales tracked on Hypercars, Shelby GT350 prices typically range from $30,405 to $449,324. There are 128 currently for sale.
How many Shelby GT350 listings are for sale right now?
There are 128 Shelby GT350 listings currently live across auctions, dealers, and marketplaces tracked by Hypercars.