2011 Ford Shelby GT500 Review
Price: $29,983





+21
Edmunds' Expert Review
by the Edmunds Experts
Pros
- Thrilling supercharged V8, powerful brakes, old-school styling cues, relatively athletic handling, reasonable price given performance potential.
Cons
- No telescoping steering wheel, more expensive than its traditional rivals.
What’s new
Even after last year's big changes, the Ford Shelby GT500 receives notable improvements for 2011. A new aluminum engine block replaces the previous iron version, shaving more than 100 pounds off the front end which promotes sharper handling. Despite making 10 more horsepower, the revised engine is also more fuel-efficient than before, allowing it to avoid the dreaded gas-guzzler tax. A new SVT performance package debuts, as do a couple of new standard features, such as xenon headlights and the MyKey system that allows owners to limit the vehicle's top speed and the stereo's volume.
Edmunds says
With an impressive combination of tire-shredding performance, fairly agile handling and a compliant ride, the 2011 Ford Shelby GT500 is a winner that also offers classic-era styling and daily-driver livability.
For sale nearby
19 listings
- 80,457 miles
- No accidents, 7 owners, corporate fleet vehicle
- 8cyl manual
- Choice Auto Sales (87 mi away)
- Bluetooth
- Upgraded Headlights
- Power Driver Seat
- Tire Pressure Warnin...
- USB Inputs
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Located in Murrysville, PA
Ingot Silver Metallic exterior and Charcoal Black with Red Accents interior. Leather Seats, iPod/MP3 Input, Premium Sound System, Satellite Radio, SVT...
AutoCheck Vehicle History Summary
Accident Free Vehicle: Yes
Personal Use Only: No
History Provider: AutoCheck
Title Details: Clean Title
Salvage Vehicle: No
Frame Damage: No
Theft History: No
Lemon Status: No
Free History Report: No
Features and Specs:
17 Combined MPG (15 City/23 Highway)
Listing Information:
VIN: 1ZVBP8JS1B5108715
Stock: 113410
Certified Pre-Owned: No- $44,988fair price$761 above market
- 20,529 miles
- No accidents, 4 owners, personal use only
- 8cyl manual
- Motion Autosport (127 mi away)
- Bluetooth
- Upgraded Headlights
- Power Driver Seat
- Tire Pressure Warnin...
- USB Inputs
Close
Located in North Canton, OH
Absolutely stunning Kona Blue Shelby! Only 20,529 very well-kept miles on this 550HP ground pounder. Hard to find Kona Blue over black leather, SVT al...
AutoCheck Vehicle History Summary
Accident Free Vehicle: Yes
Personal Use Only: Yes
History Provider: AutoCheck
Title Details: Clean Title
Salvage Vehicle: No
Frame Damage: No
Theft History: No
Lemon Status: No
Free History Report: No
Features and Specs:
17 Combined MPG (15 City/23 Highway)
Listing Information:
VIN: 1ZVBP8JS0B5107085
Stock: T9305
Certified Pre-Owned: No
Listed since: 03-03-2025
Vehicle overview
The 2011 Ford Shelby GT500 is proof that some things, such as iconic design and spine-compressing performance, just never go out of style. Back in the late 1960s you could've walked into your nearby Ford dealer and drove out -- sideways if you so chose -- in the scooped and striped Shelby GT500, a modified version of a Mustang fastback that came packing a monster V8. Today, you can walk into your nearby Ford dealer and do the same. The difference, however, is that while the old warhorse was certainly powerful and quick, it would be left in the dust by the latest Ford Mustang to sport snake emblems on its flanks.
Last year, the Shelby GT500 got a number of tweaks to the suspension and tire fitment that effectively nullified previous gripes about the car's resistance to going around corners. And for 2011, Ford's engineers improved things further via the new aluminum block (versus the previous iron) for the big V8. The reduction of about 100 pounds of weight up front makes the newest Shelby more eager to turn in, and the revised engine manages to be both more powerful (by 10 horsepower for a total of 550) and more fuel-efficient -- so much so that it now avoids getting hit with a gas-guzzler tax.
As you'd expect, this is one wickedly fast car. Though we haven't yet track-tested the 2011 version, last year's Shelby GT500 charged to 60 mph in just 4.3 seconds and ripped through the quarter-mile in 12.4 seconds. Those are numbers you'd associate with big-buck exotics wearing a prancing horse or a raging bull -- not a coiled-up snake -- on their noses. And even though this pony is still saddled with an antiquated solid-axle rear suspension, the latest GT500 boasts crisp turn-in response and a confident feel through the curves thanks to optimal suspension tuning and new tire compounds.
As impressive as the GT500 is, it's probably worth considering the 426-hp 2011 Chevrolet Camaro SS, the 425-hp 2011 Dodge Challenger SRT8 and even its 412-hp 2011 Ford Mustang GT little brother. They may not be quite as ridiculously quick, but they're priced considerably lower -- nearly $16,000 lower in the case of the Mustang GT. And if you're looking for something that's more sports car than muscle car, the iconic Chevrolet Corvette is worth a hard look. All that said, though, the 2011 Ford Shelby GT500 still represents a heck of a bargain. For those wanting supercar performance along with the cool look and sound of a cherry late-'60s Shelby Mustang, it doesn't get any better than this.
Performance & mpg
The rear-wheel-drive Shelby GT500 is powered by a 5.4-liter supercharged V8 that produces 550 hp and 510 pound-feet of torque. A six-speed manual is the only transmission available. Though we haven't yet tested the 2011 Shelby GT500, track testing of the 2010 model yielded zero to 60 mph in an impressive 4.3 seconds and a quarter-mile run of just 12.4-seconds. Fuel economy is rated at 15 mpg city and 23 mpg highway.
With huge Brembo disc brakes at all four corners, brake fade is a non-issue and stopping power is simply amazing for such a heavy (near 2-ton) car. A stop from 60 mph can be done in a very short 106 feet.
Safety
Standard on the 2011 Ford Shelby GT500 are ABS, traction control, stability control and front-seat side airbags. Ford's MyKey system (which allows one to limit the car's top speed and stereo volume for younger drivers) is also standard. There is no spare tire, however: just a temporary tire inflation kit.
Although the specific 2011 GT500 model hadn't been crash tested as of this writing, the 2010 Mustang upon which it is based received perfect five-star ratings from the government for frontal crash protection and front passenger side protection. Rear-passenger side-impact protection also garnered five stars. In Insurance Institute for Highway Safety testing, the Mustang coupe received the top score of "Good" in frontal-offset tests and a second-best rating of "Acceptable" in the side impact test. The Mustang convertible (post December 2009 production) received ratings of "Good" in both tests.
Driving
With more power than any of the revered Shelby Mustangs of the 1960s, the 2011 Ford Shelby GT500 offers performance that's nothing short of intoxicating. Just as its specs suggest, the GT500 lunges forward with exotic-car 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 a curvy back road, the 2011 Shelby GT500 displays composed, confident handling with crisp turn-in and a well-balanced feel overall. On occasion, a sharp midcorner impact will remind you of the car's non-independent rear suspension via a bit of a kickback, but it's handled as a single, damped event, unlike with older Mustangs where it would send the car wallowing about. Overall, the latest GT500 does an admirable job of combining fairly agile cornering ability with a compliant ride.
Interior
Like the Mustang's interior, the GT500's cabin -- specifically the dash with its dual-cowl design -- was designed to mimic that of its 1960s forebears. Among the many quality interior details are soft-touch materials on both the upper and lower dash, solid build quality and the use of Alcantara (convincing faux suede that's used in high-end luxury cars) on the seats and steering wheel. Aggressive side bolsters allow the comfortable buckets to properly hold occupants during aggressive cornering, while an old-school, cue-ball gearshift knob adds to the retro look and feel.
The overall control layout is user-friendly, with a few tried-and-true setups kept for good measure, such as a simple twist knob on the dash for the headlights as well as spin knobs for volume and tuning. The GT500 also has Ford's excellent Sync system that allows voice commands for your cell phone, the audio system and the (optional) navigation system.
The coupe's trunk provides 13.4 cubic feet of capacity and the rear seat splits and folds down, extending cargo capacity considerably. The ragtop offers 9.6 cubes but no folding rear seat.
2011 Ford Shelby GT500 models
The 2011 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 19-inch alloy wheels, high-performance tires, Brembo brakes, hood-mounted heat extractors, a front air splitter, a rear spoiler, xenon headlights, air-conditioning, cruise control, leather/suede-upholstered sport bucket seats with Cobra logos, a power driver seat, the Sync multimedia voice-control system and an eight-speaker audio system with a CD player, auxiliary/USB audio jacks 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 a glass roof for the coupe, an Electronics package (hard-drive-based navigation system, HD radio and dual-zone climate control), an upgraded 10-speaker 1,000-watt sound system and the SVT Performance package (unique 19-inch front/20-inch rear wheels, higher-performance tires, revised suspension calibrations, unique stripes/rear spoiler and a 3.73 limited-slip rear axle).

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Cost to DriveCost to drive estimates for the 2011 Ford Shelby GT500 2dr Coupe (5.4L 8cyl S/C 6M) and comparison vehicles are based on 15,000 miles per year (with a mix of 55% city and 45% highway driving) and energy estimates of $3.93 per gallon for premium unleaded in West Virginia.
Monthly estimates based on costs in West Virginia
$264/mo for Shelby GT500 Base
Shelby GT500 Base
vs
$158/mo
Avg. Midsize Car
See Edmunds pricing data
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Ford Shelby GT500 Reviews
Owner Reviews
5(89%)
4(8%)
3(0%)
2(3%)
1(0%)
Most Helpful Owner Reviews
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HAD IT AWHILE NOW 6YEARS WOW,8years still movin
5 out of 5 starsPERRY, 10/06/2015
2010 Ford Shelby GT500 2dr Coupe (5.4L 8cyl S/C 6M)
Car is great I had a 08 gt500 traded it in back in 09 for this 10 and no one has ever driven it but me no one I watched it backed off the truck and it sat were the driver put it I told dealer do not pdi the car leave it sit ill take it from their and I did but now it 2015 39000miles and it has developed a few issues the rotors (front) pulsate pretty bad and it just started getting a … clicking in the dash when key is 1st turned on sounded like the ac air blend mix door actuator trying to reset itself or something not good the clutch is hard to shift from day one dealer said its normal I would not let them get behind wheel I know it has a problem or issue ill fix it my self when the time comes but with that said the car is really a fantastic car if u can find a good used one get it 2010 was the lowest production year for the cars I also added the diablo program and the gas milage went up to 27 on hwy at 60 but who does that anymore and it goes down drastically above that who cares it gained more power id say 20rwh just a great car its a keeper.This is the upate to the car 1 year later nothing has changed still a great car i think i am getting too used to the power to me it seems to have less or lost some performance but when i look in the rear view mirror objects are way far back and people that have not ridden in it before say it is really fast and this might sound stupid when i take it out i can never find a fast car around to run and as soon as i take it home and get a different car they show up so that's about it it's 2017 now and still have the car i had a problem with the dual zone climate control one of the actuator start clicking like it had become out of program and was trying to rest or it had a stripped gear but it stopped just before i was ready to fix it had to replace front tires worn out tow in or camber issue but i got 41k from front shes still running great took trip to NC from fl 28mpg@65mph and it nose dives above that to around 23 @ 70-75mph with program diablo performer setting see ya in a couple years Its almost the end of 2017 now the car is still doing great as time has evolved the cars have gotten faster every year so this is a middle of the road performer but it still moves great just went tio Georiga last month in the hurricane evacuation took the 500 i was afraid the storm would gt it we are on the coast but car ran like a top all the way up and back in stop and go traffic and the ac programmer issue i had is still holding its got 44000 now no dents yet ---Its 2019 the car has 52000 and purrrrs like a top i checked and the plugs were to be changed at 45000 missed that one so ill check them and replace them also the ac programmer stopped clicking and still works but if it did once it will do it again time will tell no dents or secatched yet still like like new or better runs great just took it up to md from fl 26mpg at 65 used mid grade fuel with the detune in it put new tires on back michelin ss tires hooks great well til the next up date.Its almost 2021 with all thats going on c`19 i still drive the car some not much it has no issues i got my 1st scratch and i did it damn but the car is running fine still i changed the plugs at 53k they looked new i should have put them back in easy to change it almost 2022 now the car seems to sit more then ever now i do have a problem when i go to crank it it does nothing with a fully charged battery just goes dead when cranked when key is released power powers back up have to do it acouple times then it starts suspect theft system or started but this is a geat little car still fast but sadly their are faster cars running the street no2w then mine but it has the look and sound and nothing out their i would trade it in for well a 2022 gt500
2011 Shelby GT 500 / Super Snakes lil br
5 out of 5 starsspeedy, 06/11/2010
2011 Ford Shelby GT500 2dr Coupe (5.4L 8cyl S/C 6M)
This is one bad car! You can feel all of the 510 pounds of torque. If your tires don't go up in smoke! This car is so fun to drive, you just don't want to get out of it!
New Generation Mustang
4.5 out of 5 starsTom Sarac, 06/01/2010
2010 Ford Shelby GT500 2dr Coupe (5.4L 8cyl S/C 6M)
Purchased my 2010 shelby coupe only a few days ago, drove it back from Toronto to Montreal, have logged some mileage in a short period of time. As of 4 days of ownership compared to the 04 heavily modified mustang cobra I built and drove as a summer car for 6 yrs. I am pleased with the direction of this generation of mustang. Stock for a car of this weight it is well composed, … responsive, comfortable and looks hot. Hats off to Ford for being able to make a live axle work. A few upgrades and this car can further defy the reality of its weight significantly. Pleasure and easy to drive, gas mileage is surprisingly good and the overall driving experience has delivered the mustang into a new era
New to Ford
4.63 out of 5 starsRichard, 10/08/2010
2010 Ford Shelby GT500 2dr Coupe (5.4L 8cyl S/C 6M)
I am a pro-Ford, pro-Dodge, pro-Chevy guy and really enjoy seeing all three ramp up their muscle car lines. In other words, I have no bias for or against any of the three. This is the first Ford product (other than my '28 model A) and it has been a blast so far. Excellent power, the stability control has saved my @$$ and my kids can't wait until I die so they get to drive it! I have no … plans to ever get rid of this one. I highly recommend it to people looking for a long term addition to his/her garage and to those who enjoy weekends with nice weather or taking a car to the track.
We have a limited number of reviews for the 2011 Ford Shelby GT500, so we've included reviews for other years of the Shelby GT500 since its last redesign.
2011 Shelby GT500 Highlights
Coupe
Base MSRP Excludes Destination Fee | $48,645 |
---|---|
Engine Type | Gas |
Combined MPG | 17 MPG |
Cost to Drive | $264/month |
Seating | 4 seats |
Cargo Capacity All Seats In Place | 13.4 cu.ft. |
Drivetrain | rear wheel drive |
Warranty | 3 years / 36,000 miles |
Safety
Key safety features on the Shelby GT500 include:
- Alarm
- Tire Pressure Warning
- Stability Control
- Post-collision safety system
Related Used 2011 Ford Shelby GT500 info
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