2009 Ford Shelby GT500 Review

Pros & Cons

  • Supercharged V8 performance, powerful brakes, old-school styling cues, reasonable price.
  • Old-school rear suspension, industrial interior materials, convertible's flaccid body rigidity, no stability control available.
Other years
List Price Estimate
$11,005 - $18,374

Used Shelby GT500 for Sale
Select your model:
See all for sale

cash graphic with confetti

Get More For Your Trade-In

2009 Ford Shelby GT500 appraisal values can range from $9,987 - $17,508.
Find out what your car is really worth in minutes.
See your car's value

Edmunds' Expert Review

Though compromised by unpolished handling dynamics, the 2009 Ford Shelby GT500 still shines thanks to massive performance potential, classic-era looks and a reasonable price.

Vehicle overview

Back in 1967, the Shelby GT500 was the most powerful Mustang to date, with 360 horsepower. This iconic pony car, along with its less powerful GT350 stablemate, was renowned for its snarling performance and distinguished by its wide body stripes and strip-style taillights borrowed from the Mercury Cougar. Years later, the GT500 would make a pop-culture comeback, starring as Eleanor alongside Nicolas Cage in the remake of Gone in Sixty Seconds.

Now the GT500 is back, and this time it has an equal amount of hp to back up that number. The 2009 Ford Shelby GT500 is a true embodiment of its illustrious forbear, with retro styling and an even more retro overall character. Like those muscle cars of yore, this car is all about laying as much power to the pavement as possible, with going around corners a secondary concern.

Those 500 horses are generated by an engine derived from Ford's future-classic GT supercar. Differences include a wet-sump oil system (versus race-oriented dry-sump), a cast-iron block (instead of aluminum) and a "Roots-type" supercharger (instead of an Eaton "screw-type" with 13.5psi). The result is an engine that's not as powerful or free-revving -- but its gruffer classic muscle-car character is certainly in keeping with the GT500's mission.

And that mission is obviously to go fast, obliterate tires, embarrass obstinate WRX drivers and make raucous noises more in line with an Albertosaurus than an automobile. On those counts, mission accomplished. This is truly a bad-a… er, nifty car that can rip from zero to 60 mph in 4.6 seconds and make the quarter-mile disappear in 12.8 seconds.

Unfortunately, also like those muscle cars of yore, the 2009 Shelby GT500 isn't that keen on going around corners. Ford did wonders with the antiquated solid-axle rear suspension in the Mustang GT, but 300 hp is a heck of a difference from 500 hp. Factor in the extra weight up front added by the GT500's motor, and the result is a chassis not entirely suited for carving up a twisty road. The heavy front end and tire-smoking rear-wheel drive produce odd driving dynamics, with understeer correction often resulting in wicked oversteer. The less rigid convertible in particular is a mess of body quivers and odd responses.

In other words, there are more refined coupes and convertibles available for the same amount of money. The BMW 335i, for instance, accelerates to 60 mph only a few tenths of a second slower than the mighty GT500. The most obvious competitor, though, is the new Dodge Challenger SRT8 -- it's more refined, almost as fast and less expensive to boot. But we have a sneaking suspicion that most GT500 enthusiasts would buy this Mustang for its distinct brand of muscle-car roots, muscle-car speed, muscle-car sounds and muscle-car looks -- nothing else matters. The 2009 Ford Shelby GT500 most likely represents the modern-day incarnation of a boyhood fantasy -- albeit now with the hp to back up that number.

2009 Ford Shelby GT500 models

The 2009 Ford Shelby GT500 is a high-performance variant of the Mustang. As such, it seats four and is available in coupe and convertible body styles. The GT500 comes standard with 18-inch alloy wheels, high-performance Goodyear F1 tires (255/45 front and 285/40 rear), cruise control, hood-mounted heat extractors, a front air splitter, a ducktail-style rear spoiler, air-conditioning, leather-upholstered sport bucket seats with Cobra logos, a power driver seat and a 500-watt stereo with CD changer and satellite radio. The GT500 convertible also comes with a power-operated soft top. Both the GT500 coupe and convertible have "GT500" side stripes, while the coupe also has racing stripes over the nose and tail. Ford offers a stripe-delete option for buyers who prefer a less ostentatious look.

Options include xenon headlights, a navigation system, an upgraded sound system, multicolored interior lighting and a premium interior trim package that includes a leather-wrapped dash top, upgraded door panels, an auto-dimming rearview mirror and sport pedals. A sunroof is available on the coupe.

Latest Ford News from Edmunds
The 2021 Rivian R1T Is the First New Electric Pickup Truck in 23 Years

2009 Highlights

Changes are light for the 2009 Ford Shelby GT500, with standard satellite radio being the only addition.

Performance & mpg

The rear-wheel-drive Shelby GT500 is powered by a 5.4-liter supercharged V8 that produces 500 hp and 480 pound-feet of torque. A Tremec six-speed manual is the only transmission available. In performance testing, the GT500 coupe went from zero to 60 mph in an impressive 4.6 seconds and yielded a 12.8-second quarter-mile time. The convertible did the same tests in 4.7 seconds and 13.1 seconds, respectively. Fuel economy is rated at 14 mpg city/20 mpg highway and 16 mpg combined.

With the huge disc brakes, brake fade is a non-issue and stopping power is amazing for such a heavy car -- a stop from 60 mph takes a relatively short 116 feet.


The GT500's Brembo brakes feature four-piston calipers and 14-inch rotors up front; and two-piston calipers and 11.8-inch discs in back. Also standard are ABS, traction control and front-seat side airbags. Stability control is not available and there is no spare tire, just a temporary inflation kit. Although the specific GT500 model hasn't been crash tested, the Mustang upon which it is based received perfect five-star ratings from the government for frontal-crash protection and front-passenger side protection. In Insurance Institute for Highway Safety testing, the Mustang convertible received the second-best rating of "Acceptable" in the frontal-offset test, while getting the top rating of "Good" in the side crash test.


With more power than any of the revered Shelby Mustangs of the 1960s, the 2009 Ford Shelby GT500 offers performance that's nothing short of intoxicating. Just as its specs suggest, the GT500 lunges forward with exotic-car-like verve when you boot the throttle. Gearchanges are positive and crisp, and the overall driving experience can be either civilized or brutal, depending on your mood and how quickly you move your throttle foot.

On most roads, the GT500 is predictable and easy to drive, although aggressive driving through twisty roads will upset the car due to the antiquated non-independent rear suspension. On the convertible, this is exaggerated thanks to the substantially less rigid body structure -- through turns and choppy pavement, the drop top tends to jiggle, shake and shudder like Dennis Franz moonlighting on "Dancing with the Stars." Also, the GT500's nose-heavy weight bias and abundance of rear-routed power contribute to an odd dynamic sensation that can best be described as "pushy loose."


Like the Mustang, the GT500 was designed to mimic the dual-cowl cabins found in its 1960s forebears. However, those classic cars didn't have an abundance of rock-hard plastics and other unpleasant materials that ultimately make the GT500 feel very cheap. The rubber-trimmed metal hand brake feels like it belongs on a John Deere grain harvester. The Shelby does boast some special attributes, like Cobra seat logos, more aggressive side bolstering and red stitching. Otherwise, you'll have to opt for the premium interior package (which includes a leather-trimmed dash top) to avoid the straight Mustang cabin experience.

If you can ignore the industrial interior trappings, the GT500 does feature comfy seats and a decent amount of cabin space given its sport coupe body. Trunk capacity measures 12.3 cubic feet in the coupe and 9.7 in the convertible.

Consumer reviews

Read what other owners think about the Used 2009 Ford Shelby GT500.

Trending topics in reviews

Most helpful consumer reviews

2009 shelby cobra
brian smallridge,05/17/2010
2dr Coupe (5.4L 8cyl S/C 6M)
this car has to be one of the best muscle cars ive ever driven.i gave it a excellant review on milage because what do you execpt from a 540 horsepower king of the road.like, love it wouldnt trade or sell it for any other car on the road.ford,has really done a great job!!!!
2009 GT 500 Convertible
2dr Convertible (5.4L 8cyl S/C 6M)
This is great modern muscle car. Plenty of power and a loud, cool exhaust sound. The vapor metallic exterior color is unique and looks great with the black top. The wheels and wide tires are are well sized for the car, unlike many of today's sports cars.
It's 1969 once again!
2dr Coupe (5.4L 8cyl S/C 6M)
My 1st new car was a '69 Mach 1 428 Cobra Jet. My Shelby brings back those memories like it was yesterday. The only difference is this car is faster and corners better. It's even more fun to drive. It's so much easier to get more horsepower out of this supercharged motor than it was in the old days. I had to put a high lift cam, add headers and a 750 Holly carb to run high 12's in the quarter. All I've done to this car is add a Steeda 2.7 pulley, a cold air induction kit and a custom SCT tune. All of a sudden mid 11's. RWH at 548 and torque at 505. I'm told flywheel H.P should be somewhere around 630 and torque 590. These bolt on adds took about 4 hours to do. What a difference!
Worth Every Penny
2dr Coupe (5.4L 8cyl S/C 6M)
Crank it up and that sweet V8 sound invites you to reach over and turn the radio off. I was shopping for a '67- '69 restored classic Mustang, but for equal (or less) money I found this Cobra GT500 and have absolutely no regrets. I traded a more expensive personal luxury car for this and have never looked back and do not expect to.

More about the 2009 Ford Shelby GT500

Used 2009 Ford Shelby GT500 Overview

The Used 2009 Ford Shelby GT500 is offered in the following submodels: Shelby GT500 Coupe, Shelby GT500 Convertible. Available styles include 2dr Coupe (5.4L 8cyl S/C 6M), and 2dr Convertible (5.4L 8cyl S/C 6M).

What's a good price on a Used 2009 Ford Shelby GT500?

Price comparisons for Used 2009 Ford Shelby GT500 trim styles:

  • The Used 2009 Ford Shelby GT500 Base is priced between $30,000 and$30,000 with odometer readings between 59227 and59227 miles.

Shop with Edmunds for perks and special offers on used cars, trucks, and SUVs near Ashburn, VA. Doing so could save you hundreds or thousands of dollars. Edmunds also provides consumer-driven dealership sales and service reviews to help you make informed decisions about what cars to buy and where to buy them.

Which used 2009 Ford Shelby GT500s are available in my area?

Shop Edmunds' car, SUV, and truck listings of over 6 million vehicles to find a cheap new, used, or certified pre-owned (CPO) 2009 Ford Shelby GT500 for sale near. There are currently 1 used and CPO 2009 Shelby GT500s listed for sale in your area, with list prices as low as $30,000 and mileage as low as 59227 miles. Simply research the type of car you're interested in and then select a used car from our massive database to find cheap prew-owned vehicles for sale near you. Once you have identified a used vehicle you're interested in, check the AutoCheck vehicle history reports, read dealer reviews, and find out what other owners paid for the Used 2009 Ford Shelby GT500.

Can't find a used 2009 Ford Shelby GT500s you want in your area? Consider a broader search.

Find a used Ford Shelby GT500 for sale - 12 great deals out of 16 listings starting at $12,785.

Find a used Ford for sale - 3 great deals out of 10 listings starting at $8,444.

Find a used certified pre-owned Ford Shelby GT500 for sale - 12 great deals out of 16 listings starting at $25,062.

Find a used certified pre-owned Ford for sale - 3 great deals out of 15 listings starting at $15,207.

Should I lease or buy a 2009 Ford Shelby GT500?

Is it better to lease or buy a car? Ask most people and they'll probably tell you that car buying is the way to go. And from a financial perspective, it's true, provided you're willing to make higher monthly payments, pay off the loan in full and keep the car for a few years. Leasing, on the other hand, can be a less expensive option on a month-to-month basis. It's also good if you're someone who likes to drive a new car every three years or so.

Check out Ford lease specials
Check out Ford Shelby GT500 lease specials