Ultimate Guide for Buyers: Ford Mustang Shelby GT350

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By Car Brand Experts

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The debut of the 2016 Ford Mustang Shelby GT350 marked a significant revival for one of Ford’s most legendary performance vehicles. It built upon the Mustang’s storied legacy and was engineered not just as another model in the lineup but as a revolutionary muscle car, skillfully marrying overwhelming power with dynamics suitable for the racetrack.

Crafted as a testament to Ford’s engineering prowess, the GT350 memorialized Carroll Shelby’s original vision while integrating cutting-edge technology.

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At the core of the GT350 is its 5.2-liter Voodoo V8 engine, a remarkable feat of engineering that features a flat-plane crankshaft—a notable rarity in American muscle cars.

This naturally aspirated engine produces an impressive 526 hp and 429 lb-ft of torque, enabling the GT350 to accelerate from 0 to 60 mph in just over 4 seconds. What distinguishes the GT350 from its rivals isn’t solely its power, but also the engine’s ability to rev to 8,250 rpm.

The exterior of the GT350 is characterized by a bold and sleek aesthetic centered on performance. Its wide stance, pronounced front splitter, and operational hood vents not only enhance its look but also improve aerodynamics and cooling.

An aggressive front end is complemented by Ford’s signature snake emblem, while its sculpted lines flow smoothly to a rear diffuser and quad exhaust tips, emphasizing the GT350’s power. The optional GT350R variant adds even more aerodynamic enhancements, like a larger rear wing and lightweight carbon fiber wheels.

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The interior of the GT350 prioritizes the driver. It features a clean, sporty design infused with advanced technology, including Recaro sport seats that provide great support during adventurous drives while ensuring comfort for everyday use.

The cockpit is designed with high-quality materials, with optional suede and leather trims. Passengers benefit from modern conveniences like dual-zone climate control and Ford’s Sync 3 infotainment system to enhance the overall driving experience. Conversely, the GT350R eliminates many luxury features to save weight and enhance track focus.

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Throughout its lifecycle, the Ford Mustang Shelby GT350 has faced competition from several high-performance sports cars.

Competitors such as the Chevrolet Camaro ZL1, which offers comparable power and handling, and the Dodge Challenger Hellcat, which emphasizes sheer horsepower and speed, have emerged. Additionally, European rivals like the BMW M4 and the Porsche 911 Carrera also present strong competition in this segment.

Despite facing such competition, the GT350 secured a unique spot in the market due to its high-revving, naturally aspirated V8 engine and track-ready handling, establishing it as an icon in the modern muscle car scene.

Model Changes (Breakdown by Year)

2015 Ford Mustang Shelby GT350

The GT350 made its debut as a 2016 model, introduced in late 2015, and quickly became a significant contender in the Mustang family. It was powered by a 5.2-liter Voodoo V8 engine with a flat-plane crankshaft, a rarity among American muscle vehicles, generating a remarkable 526 hp and 429 lb-ft of torque.

Along with the regular GT350, Ford released the GT350R, a variant designed for the racetrack that pushed the performance envelope further. The GT350R removed several standard features from the GT350, such as rear seats, air conditioning, and the stereo system, to reduce weight.

In their place, Ford incorporated performance enhancements including lightweight carbon fiber wheels, a larger rear wing, and high-performance tires, transforming the GT350R into a serious competitor on the racetrack.

Both the GT350 and GT350R were equipped with a 6-speed Tremec manual transmission, providing an engaging experience for driving enthusiasts who appreciate control and responsiveness. The Magnetic Ride Control suspension came standard on both models, allowing for adaptability to different driving conditions, ensuring excellent handling on both roads and tracks.

This state-of-the-art suspension was instrumental in establishing the GT350 as a dynamic contender in the high-performance sports car segment.

At launch, the 2016 Ford Mustang Shelby GT350 was priced starting around $49,995, whereas the more track-oriented GT350R began at approximately $63,495.

2016 Ford Mustang Shelby GT350

The 2017 Ford Mustang Shelby GT350 continued with minimal changes. However, a significant update was the inclusion of the Track Package as a standard feature on all GT350 models.

This Track Package comprised an aluminum strut tower brace, transmission cooler, engine oil cooler, and rear differential cooler, ensuring each GT350 was equipped for improved performance on the track.

To celebrate the 50th anniversary of the original Shelby GT350, Ford introduced a limited-edition GT350R “Heritage Edition” package. This special edition showcased a unique livery with Wimbledon White paint and blue racing stripes, evoking nostalgia for the original 1965 GT350.

The starting price of the 2016 Ford Mustang Shelby GT350 remained approximately $49,995, while the more track-focused GT350R was priced at about $63,495. The limited-edition GT350R Heritage Edition started at around $66,495, slightly higher than the standard GT350R.

2017 Ford Mustang Shelby GT350

The 2018 model year introduced minor enhancements to the GT350, including new standard features like a rearview camera and an upgraded Sync 3 infotainment system for improved safety and convenience.

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The starting price for the 2018 Ford Mustang Shelby GT350 was approximately $57,145, while the more track-oriented GT350R was offered at around $64,645.

2018 Ford Mustang Shelby GT350

In 2019, notable performance and handling upgrades were incorporated into the GT350. The car now featured new Michelin Pilot Sport Cup 2 tires that significantly enhanced its grip both on the track and the street.

Aerodynamic modifications were also made, including a new rear spoiler with an optional Gurney flap that improved stability at high speeds. Inside, the GT350 benefited from comfort and technology upgrades, including standard dual-zone automatic climate control, a premium B&O Play audio system, and Recaro sport seats.

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The approximate starting price for the 2019 Ford Mustang Shelby GT350 was $59,140, with the GT350R commencing at about $67,135.

2019 Ford Mustang Shelby GT350

No major changes were made to the GT350 in 2020, as Ford’s focus shifted to the upcoming introduction of the powerful GT500. Consequently, production of both the GT350 and GT350R began to wind down.

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The estimated starting price for the 2020 Ford Mustang Shelby GT350 was about $60,440 while the GT350R began at roughly $73,435.

2020 Ford Mustang Shelby GT350

In 2020, Ford announced that this would be the final model year for both the GT350 and GT350R, marking a significant closure for this cherished performance Mustang. Production wrapped up in late 2020 as the company shifted its emphasis to the more powerful GT500.

As a farewell gesture, Ford revived the Heritage Edition package for both the GT350 and GT350R, featuring classic styling that pays homage to the iconic Shelby models of the 1960s.

Ford Mustang Shelby GT350 Common Problems

The Ford Mustang Shelby GT350 is celebrated for its performance, but like many high-performance vehicles, it has encountered some recurrent issues. While the majority of owners appreciate the thrills the GT350 provides, a few have faced reliability and satisfaction challenges.

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Some common issues experienced by GT350 owners include engine-related troubles, suspension complications, and build quality inconsistencies.

It’s vital to appreciate that even supercars can encounter problems; therefore, conducting a Pre-Purchase Inspection (PPI) by an authorized dealer or an experienced independent mechanic is crucial to uncovering potential issues.

Oil Consumption: One frequent complaint from GT350 owners is excessive oil consumption, which may arise from worn piston rings, a defective PCV valve, or a clogged air filter. Many report their vehicles consume more oil than anticipated between changes.

Engine Failures: Though not widespread, some owners have faced engine failures attributed to flaws in the Voodoo engine design. Ford has implemented running changes to the engine design over the years to mitigate these issues, particularly in earlier models that were more vulnerable. A number of engines required replacements under warranty.

Transmission and Clutch Issues: Some owners have encountered abrupt shifts and occasional clutch malfunctions, leading to difficulties during gear changes, especially when the car is cold. Several have linked these issues to synchro problems or clutch noise.

Suspension Problems: Owners have reported issues related to the GT350’s suspension, which include excessive bouncing and unsatisfactory handling. Such concerns often stem from worn shock absorbers, damaged bushings, or inadequate wheel alignment.

Panel Gaps and Build Quality: The GT350 has also experienced quality control issues, particularly in panel alignment. Gaps can vary in size and are often a consequence of the swift production processes employed at the assembly line.

Electrical Issues: Some drivers have reported electrical problems, such as faulty batteries and alternators, as well as occasional Sync 3 infotainment system glitches. These difficulties have resulted in inconsistent performance of various electrical components.

Recalls

Despite the common problems encountered by some GT350 owners, the model has not been subject to any significant recalls.

Ford has effectively addressed most of these issues through routine updates and modifications made during production, especially regarding the Voodoo engine. While certain owners have reported oil consumption, clutch noise, or build quality concerns, these matters have typically been managed individually via warranty repairs or technical service bulletins, rather than through large-scale recalls.

Maintenance and Ownership Costs

When compared to other high-performance supercars, the Ford Mustang Shelby GT350 has relatively low maintenance demands.

Nonetheless, routine maintenance and repairs are still necessary, and expenses can fluctuate based on whether the vehicle is taken to a dealer or an independent technician.

Here are Ford’s recommended service schedule and intervals:

5,000-Mile Service

15,000-Mile Service

25,000-Mile Service

  • Replacement of tires

  • Change of brake pads

  • Replacement of brake rotors

  • Cabin filter replacement

50,000-Mile Service

  • Check on drive belts and hoses

  • Examine motor mounts

  • Inspect suspension bushings

70,000-Mile Service

Here’s an estimate of typical service costs associated with the Ford Mustang Shelby GT350:

Oil Change – The GT350 relies on high-quality synthetic oil, and due to the Voodoo engine’s performance specifics, an oil change typically costs between $150 and $250, covering oil, the oil filter, and labor.

Minor Service – Minor services include oil changes, fluid top-offs, and inspections, generally performed every 10,000 miles, and usually cost between $200 to $400.

Major Service – Major services involve thorough inspections, spark plug changes, brake fluid updates, and additional preventative care, recommended every 30,000 to 50,000 miles, typically costing between $1,000 and $1,500.

Tires – Performance tires on the GT350 have a shorter lifespan due to the vehicle’s aggressive characteristics. A full set typically ranges from $1,200 to $2,000, depending on the brand and specifications. The GT350R commonly uses Michelin Pilot Sport Cup 2 tires designed for tracks and exceptional grip. Meanwhile, the standard GT350 typically utilizes Michelin Pilot Super Sport or Pilot Sport 4S tires.

Brakes – The GT350’s brakes, designed for high performance, can wear out quickly, particularly during spirited track driving. Replacing pads and rotors for all four corners can cost between $1,000 and $1,800, depending on whether original equipment or aftermarket parts are used.

Clutch – Replacing the clutch can be a costly job due to its labor-intensive nature, typically costing between $1,500 and $2,500, depending on parts and labor, with costs potentially rising if components like the flywheel also need to be changed.

Options List

When considering the purchase of a Ford Mustang Shelby GT350, there are numerous essential options and packages to weigh.

The available options can be classified into several categories.

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For those seeking an ultimate performance experience, the GT350R is the apex of the GT350 lineup. This track-oriented model includes several unique performance enhancements, such as carbon fiber wheels, a larger rear wing for superior aerodynamic efficiency, and a reduction in weight due to the removal of non-essential features like rear seats and air conditioning. 

The GT350R’s dynamic performance and aggressive appearance make it ideal for serious track enthusiasts. The Handling Package and Technology Package can also perfect the driving experience with components like a Gurney flap, improved cooling, and advanced suspension settings.

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While the GT350R is perfect for track-focused drivers, the standard GT350 also delivers impressive performance with a more comfortable driving experience. The addition of the Track Package, which became standard in later models, provides features such as an engine oil cooler, transmission cooler, and rear differential cooler, allowing the GT350 to handle high-performance driving demands while ensuring durability. 

The Electronics Package further enhances the GT350 with amenities like an upgraded sound system and infotainment system featuring navigation, boosting both daily drivability and long-distance travel comfort.

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Ford offers various exterior and interior customization options, featuring unique color combinations, racing stripes, and Recaro sport seats. The Heritage Edition Package, available for the final model year GT350 and GT350R, enhances the car’s appeal with a retro color scheme that pays tribute to the original Shelby models from the 1960s.

2017 Ford Mustang Shelby GT350 Brochure

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Key Options

  • Technology Package

  • Track Package

  • Handling Package

  • Electronics Package

  • Heritage Edition Package

Ford Mustang GT350 Price and Values

The Best Ford Mustang Shelby GT350 to Buy

Selecting the best Ford Mustang Shelby GT350 involves several crucial considerations.

For enthusiasts searching for the finest GT350 iteration, the 2019 model year is an excellent choice. It showcased various performance upgrades, including the introduction of Michelin Pilot Sport Cup 2 tires for enhanced traction and refined aerodynamics through a new rear spoiler and optional Gurney flap.

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These enhancements significantly refined the GT350’s performance and handling, making the 2019 model one of the most capable options in the series. Furthermore, this model year features interior updates like standard dual-zone automatic climate control and a B&O Play audio system for a more enjoyable driving experience.

For those focused on track performance, the GT350R emerges as the optimal choice. This variant elevates the standard GT350’s performance with features like carbon fiber wheels, a larger rear wing, and the omission of various comforts for weight reduction—including the rear seats and air conditioning. Such upgrades render the GT350R a purpose-built track vehicle.

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Moreover, the GT350R maintains its allure and value because of its rarity and enhanced performance features.

For collectors or those seeking something unique, the Heritage Edition package presents another fantastic opportunity. This was available for both the GT350 and GT350R during the last two years of production, celebrating the original Shelby models of the 1960s with its classic Wimbledon White paint and Guardsman Blue racing stripes.

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This retro-inspired package adds to the vehicle’s exclusivity, ensuring its value will endure over time, especially among fans of Shelby’s rich heritage.

When it comes to market stability, opting for a model from 2016 to 2020 would be a wise choice, as it is likely to maintain its value.

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Remember that the vehicle’s condition and mileage are essential considerations when purchasing a GT350 or GT350R. Cars that are well-maintained with lower mileage generally have better resale value and reliability.

Conducting thorough research, comparing prices, and targeting models with documented service histories is crucial for those eyeing a GT350 with long-term value in mind.

Conclusion

In conclusion, priced between approximately $50,000 to $70,000+, the Ford Mustang Shelby GT350 offers an exhilarating option for anyone in search of a high-performance sports car steeped in American muscle tradition. The GT350 presents an exceptional combination of a high-revving, naturally aspirated V8 engine, precise handling, and track-ready characteristics.

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Alternatives such as the Chevrolet Camaro ZL1, Dodge Challenger Hellcat, Porsche 911 Carrera, and BMW M4 exist, but the GT350 distinguishes itself through its flat-plane crank Voodoo engine, aggressive design, and a unique balance between street comfort and track capability.

In summary, for anyone seeking an authentic American muscle car, the Ford Mustang Shelby GT350 is an excellent choice.

Car Hacking Shortcuts

  • Look for models with the Technology or Track Package

  • Opt for the GT350R or Heritage Edition for exclusivity and higher long-term value

  • Prioritize well-maintained, low-mileage vehicles

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