Misallocation

2008 Ford Shelby GT500KR 40th Anniversary

Sold at Mecum Auctions on April 4, 2025, offered with no reserve.

$44,000Confirmed

The price as reported by the house. Hammer price $40,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
2008
Make and model
Ford Mustang
Generation
Mustang S197
Version
Shelby GT500KR
Gearbox
Manual
VIN
1ZVHT88S185189803
Condition
Excellent (2)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

Against comparable sales

Below the middle half of 26 comparable sales, 25% under its bottom.

Middle half of sales$50,000 to $63,750
Median$53,863
Sales behind it26Likely

From 26 sales of the Ford Mustang Shelby GT500KR (Mustang S197) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $50,000 and $63,750.

Closest sales

Closest comparable sales
CarAuctionDatePrice
2008 Ford Mustang Shelby GT500KR CoupeCars & Bids, March 24, 2026Cars & BidsMarch 24, 2026$50,500
2008 Ford Shelby GT500KRMecum, Jan. 14, 2026MecumJan. 14, 2026$64,000
2008 Ford Shelby GT500KRMecum, Dec. 6, 2025MecumDec. 6, 2025$69,000
2008 Ford Mustang Shelby GT500KRBring a Trailer, Oct. 24, 2025Bring a TrailerOct. 24, 2025$62,000
2008 Ford Mustang Shelby GT500KRBring a Trailer, Sept. 10, 2025Bring a TrailerSept. 10, 2025$47,001
2008 Ford Mustang Shelby GT500KRBring a Trailer, Aug. 8, 2025Bring a TrailerAug. 8, 2025$48,500
2008 Ford Mustang Shelby GT500KRBring a Trailer, June 26, 2025Bring a TrailerJune 26, 2025$51,000
2008 Ford Shelby GT500KRMecum, May 11, 2025MecumMay 11, 2025$52,726