For over 60 years, Shelby Mustangs have been enthusiast favorites. When Shelby American got its hands on the “S197” (fifth-generation) variant of Ford’s popular pony car, the company created a performance powerhouse that was every bit worthy of the Shelby name. Featured on AutoHunter is a Mustang that received some of that “special sauce”: a 2008 Ford Mustang Shelby GT500 listed by a dealer in Asheboro, North Carolina. The auction is scheduled to end on Monday, February 9, 2026 at 11:15 a.m. (MST).
Key components on the GT500’s equipment list were a 500-horsepower supercharged V8, a TREMEC six-speed manual transmission, an SVT-tuned suspension, and Brembo brakes. All of those elements worked together to make the GT500 a well-rounded, jack-of-all-trades performance car. Car and Driver said, “This is a sports car that loves to tackle that favorite twisty road or local racetrack, and it does so with utter confidence.”
Features of this low-mileage GT500’s Performance White exterior include a “power dome” hood, Vista Blue striping, GT500 rocker decals, rear window louvers, and a flush-mounted rear spoiler. The car is said to be free of imperfections, and most importantly, it’s original. A good number of the Shelby-built cars likely went on to become modified track machines. Each Shelby Mustang was individually serialized with a dash plaque containing the car’s VIN and a representation of Carroll Shelby’s signature.
The key to the GT500’s success was found under its hood. The 5.4-liter V8 was part of Ford’s “Modular” series of engines, and each one had a placard that said “Hand-Built with Pride” and featured the signature of the individual who performed final assembly. The engine used an iron block, aluminum cylinder heads, a forged steel crankshaft, a dual 60mm electronic throttle body, and a nine-psi Eaton supercharger. On paper, it was impressive engineering; in practice, it worked well. The car could sprint to 60 mph in only about four seconds.
The AutoCheck report for this Shelby shows accident-free ownership in South Carolina, Georgia, Alabama, and North Carolina. The current mileage reading of 17,658 miles is corroborated – the last recorded reading on the AutoCheck was 15,041 miles about three years ago, so the car has only been driven about 2,500 miles in that span of time. You’ll be hard-pressed to find an 18-year-old Shelby in such nice shape. The selling dealer has included a walk-around video for added buyer confidence. Throw in your highest bid!
The auction for this 2008 Ford Mustang Shelby GT500 ends on Monday, February 9, 2026 at 11:15 a.m. (MST).
Visit the AutoHunter listing for more information and a photo gallery
