The Price Tag of These Classic Ford Mustang Models Will Shock You

The Ford Mustang is easily one of the most recognizable and popular sports cars to ever hit the road. This pony car has earned both its place in history and in the place of honor at every Ford dealer in the country.

The Mustang has been so popular, in fact, that every other auto brand out there did their best to follow suit. When Baby Boomers started getting their driver’s licenses, they immediately visited their local Ford dealer.

The Mustang was the perfect ride to embody and embolden this generation. While the first generation of Mustangs from 1964 was meant to be super affordable, there have been several models over the last 60 years that have shocking price tags.

Here are some of the Ford Mustangs out there that require a pretty thick wallet to afford today, even if you could find one for sale at your local Ford dealer.

1965 Shelby Mustang GT350R

The GT350R was affectionately called “The Flying Mustang.” It got this nickname from a photograph that caught it mid-air during its first time on the race track. The Mustang was still in its infancy when Shelby American, led by Carroll Shelby, turned this cruiser into a true racecar.

A 1965 Shelby Mustang GT350R was recently sold at an auction for 3.5 million dollars, making it the most expensive Mustang in history.

1968 Ford Mustang GT390

If you’re familiar with the actor Steve McQueen, you know that anything associated with this “King of Cool” is going to catch a pretty penny. The GT390 is often called “The Bullitt” because it was the model McQueen drove in the film by the same name. This model actually made a brief comeback in 2018 when it was used for a promotional event.

The most recent sale of a 1968 Mustang GT390 went for 3.4 million dollars at an auction.

1967 Shelby GT500 Super Snake

When Shelby and Goodyear put their heads together in collaboration, the end result was the GT500 Super Snake. The purpose of this model was originally meant to help sell tires, but the project ended up being scrapped.

Funny enough, this Mustang’s 600-horsepower V8 provided so much power that the tires it was intended to sell couldn’t handle it. Since the GT500 never made it to the production line, there was only one unit ever made. It sold in 2019 for 1.3 million dollars.

2020 Ford Shelby Mustang GT500

Even though Ford stopped using the GT500 nameplate in 1970, it came back in 2007 for a retro-styled version of this popular sportscar. The 2020 GT500 raised the bar with what was possible in a street-legal racer. The V8 engine produced a solid 760 horsepower.

Craig Jackson purchased the first model from this production for 1.1 million dollars at an auction.