Ford Mustang Shelby GT350 Buyers Guide

When the 2016 Ford Mustang Shelby GT350 was introduced, it meant a bold return for one of Ford’s most iconic performance nameplates. Building on the Mustang’s legendary heritage, the GT350 wasn’t just another addition to the lineup; it was a vehicle engineered to redefine what a modern muscle car could be, seamlessly blending raw power with track-ready dynamics.

Designed as the ultimate expression of Ford’s performance capabilities, the GT350 aimed to set a tribute to Carroll Shelby’s original vision while using the latest technological advancements.

At the heart of the GT350 lies the 5.2-liter Voodoo V8 engine, a masterpiece of engineering featuring a flat-plane crankshaft—a rarity among American muscle cars.

This naturally aspirated powerplant delivers an exhilarating 526 hp and 429 lb-ft of torque, allowing the GT350 to go from 0 to 60 mph in just over 4 seconds. What sets the GT350 apart from its competitors is not just the power but the engine’s ability to rev up to 8,250 rpm.

Externally, the GT350 is aggressive yet sleek with a performance-focused design. The car’s wide stance, deep front splitter, and functional hood vents are not just for show but serve to enhance aerodynamics and cooling.

The aggressive front fascia is punctuated by Ford’s signature snake emblem, while the muscular lines flow seamlessly to a rear diffuser and quad exhaust tips that hint at the GT350’s powerful nature. And the optional GT350R version adds even more aerodynamic elements, including a prominent rear wing and lightweight carbon fiber wheels.

Inside, the GT350 is a driver’s car through and through. The interior offers a blend of sporty minimalism and advanced technology, featuring Recaro sport seats that provide excellent support during spirited driving while maintaining a sense of everyday comfort.

The driver-centric cockpit is outfitted with high-quality materials, including optional suede and leather accents, while modern conveniences like dual-zone climate control and Ford’s Sync 3 infotainment system are available to enhance the driving experience. The GT350R, in contrast, strips away many of the creature comforts in favor of weight savings, making it an even more focused track weapon.

Throughout its production run, the Ford Mustang Shelby GT350 faced competition from other high-performance sports cars. 

Key rivals included the Chevrolet Camaro ZL1, which brought similar horsepower and handling prowess to the table, as well as the Chevrolet Camaro ZL1, and the Dodge Challenger Hellcat, which prioritized raw horsepower and straight-line speed. Other competitors came from the European sports car market, including the BMW M4 and the Porsche 911 Carrera. 

Despite the competition, the GT350 carved out a unique niche with its high-revving, naturally aspirated V8 engine and track-ready dynamics, making it a standout in the modern muscle car era.

Model Changes (Breakdown by Year)

2015 Ford Mustang Shelby GT350

The GT350 was introduced as a 2016 model, debuting in late 2015, and quickly became a standout in the Mustang lineup. It featured a 5.2-liter Voodoo V8 engine with a flat-plane crankshaft, a rarity in American muscle cars, capable of producing an impressive 526 hp and 429 lb-ft of torque. 

Alongside the standard GT350, Ford also introduced the GT350R, a track-focused variant designed to push the limits even further. The GT350R stripped away many of the standard GT350’s amenities to reduce weight, including the removal of the rear seats, air conditioning, and stereo system.

In their place, Ford added performance upgrades such as lightweight carbon fiber wheels, a larger rear wing, and stickier, track-ready tires, making the GT350R a serious contender on any racing circuit.

Both the GT350 and GT350R came equipped with a 6-speed Tremec manual transmission, ensuring an engaging driving experience for enthusiasts who valued control and precision. Magnetic Ride Control suspension was standard on both models, offering the ability to adapt to different driving conditions, providing superior handling whether on the road or track.

This advanced suspension system was a key component in making the GT350 a dynamic performer in the world of high-performance sports cars.

When the 2016 Ford Mustang Shelby GT350 was introduced, its starting price was around $49,995, while the track-focused GT350R started at approximately $63,495.

2016 Ford Mustang Shelby GT350

The 2017 Ford Mustang Shelby GT350 carried over with minimal changes from the previous model year. However, Ford made a significant update by making the Track Package standard on all GT350 models. 

This package included an aluminum strut tower brace, transmission cooler, engine oil cooler, and rear differential cooler, ensuring that every GT350 was equipped for enhanced performance on the track. 

Ford also offered a limited-edition GT350R “Heritage Edition” package to celebrate the original Shelby GT350’s 50th anniversary. This special edition featured a unique livery with Wimbledon White paint and blue racing stripes, reminiscent of the original 1965 GT350, giving enthusiasts a nostalgic connection to the car’s storied past.

The starting price for the 2016 Ford Mustang Shelby GT350 was around $49,995. The more track-focused GT350R had a higher starting price of approximately $63,495. For the limited-edition GT350R Heritage Edition, the price was slightly higher than the standard GT350R, starting at around $66,495.

2017 Ford Mustang Shelby GT350

The 2018 model year brought minor updates to the GT350, with Ford introducing new standard features such as a rearview camera and an updated Sync 3 infotainment system, enhancing both safety and convenience.

The starting price for the 2018 Ford Mustang Shelby GT350 was approximately $57,145. The GT350R, being the more track-focused variant, had a starting price of around $64,645.

2018 Ford Mustang Shelby GT350

During the 2019 model year brought notable handling and performance improvements to the GT350. Ford equipped the car with new Michelin Pilot Sport Cup 2 tires, providing better grip on both the track and the road. 

Aerodynamic enhancements were also introduced, including a redesigned rear spoiler with an optional Gurney flap, further optimizing the car’s stability at high speeds. Inside, the GT350 received upgrades to both comfort and technology, with standard dual-zone automatic climate control, a premium B&O Play audio system, and Recaro sport seats.

The starting price for the 2019 Ford Mustang Shelby GT350 was around $59,140. The track-focused GT350R had a higher starting price, which began at approximately $67,135.

2019 Ford Mustang Shelby GT350

In 2020, the GT350 saw no major changes as Ford’s attention began to shift toward the introduction of the highly anticipated GT500. With the GT500 on the horizon, production of both the GT350 and the GT350R was gradually winding down.

The starting price for the 2020 Ford Mustang Shelby GT350 was around $60,440, while the GT350R started at approximately $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 the end of an era for the beloved performance Mustang. Production of these models ceased in late 2020 to make way for the more powerful GT500. 

As a final tribute, Ford reintroduced the Heritage Edition package for both the GT350 and GT350R, offering retro styling that paid homage to the original Shelby, featuring design elements reminiscent of the iconic 1965 model.

Ford Mustang Shelby GT350 Common Problems

The Ford Mustang Shelby GT350 is widely regarded as a powerful and capable performance car, but like many high-performance vehicles, it has its share of reported issues. While most owners enjoy the excitement of the GT350 offers, some have experienced recurring problems that can affect reliability and driving satisfaction.

Below are some of the most common issues that GT350 owners have encountered, ranging from engine concerns to suspension and build quality problems.

Keep in mind, that it is essential that all cars, even supercars, can have issues and it is crucial to perform a Pre-Purchase Inspection (PPI) from an authorized dealer or experienced independent mechanic to reveal all issues.

Oil Consumption: A frequently reported issue with the GT350 is excessive oil consumption. This can be caused by worn piston rings, a faulty PCV valve, or a clogged air filter. Owners have noted that their cars often consume more oil than expected between oil changes.

Engine Failures: While not widespread, some owners have experienced engine failures, often attributed to defects in the Voodoo engine. Ford has made running changes to the engine over the years to address these issues, but early models are more prone to failures. Some engines required replacement under warranty.

Transmission and Clutch Issues: Owners have reported clunky shifts and occasional clutch problems. This can result in difficulties during gear changes, particularly when the car is cold. Some issues have been linked to synchro problems or clutch noise.

Suspension Problems: Issues with the GT350’s suspension have been noted, including excessive bounce and poor handling. These problems are often due to worn shock absorbers, damaged bushings, or improper wheel alignment.

Panel Gaps and Build Quality: The GT350 has faced some quality control concerns, particularly related to body panel gaps. These gaps can vary in size and are a result of the fast production processes at the assembly line.

Electrical Issues: Some owners have encountered electrical problems, including faulty alternators and batteries, as well as occasional issues with the Sync 3 infotainment system. These issues have led to an unreliable performance of various electrical components.

Recalls

The Ford Mustang Shelby GT350, despite some common issues reported by owners, has not been subject to any major recalls. 

Ford has managed to address most concerns through routine updates and running changes during production, particularly with the Voodoo engine. While some owners have faced problems with oil consumption, clutch noise, or build quality, these issues have largely been handled on a case-by-case basis through warranty repairs or technical service bulletins, rather than full-scale recalls.

Maintenance and Ownership Costs

Compared to other high-performance supercars, owning an Ford Mustang Shelby GT350 is considered to have relatively low maintenance requirements.

However, it is important to remember that regular maintenance and repairs will still be necessary, and the costs can vary depending on whether you take your car to a dealer or an independent mechanic.

Here are the suggested service schedule and intervals per Ford:

5,000-Mile Service

15,000-Mile Service

25,000-Mile Service

• Tire replacement

• Brake pad change

• Brake rotor change

• Cabin filter replacement

50,000-Mile Service

• Drive belts and hoses

• Motor mounts

• Suspension bushings

70,000-Mile Service

Here is a rough estimate of typical service costs associated with the Ford Mustang Shelby GT350:

Oil Change – The GT350 requires high-quality synthetic oil, and due to the Voodoo engine’s performance characteristics, an oil change typically costs between $150 and $250. This includes the cost of oil, the oil filter, and labor.

Minor Service – Minor services, which include oil changes, fluid top-offs, and inspections, are usually performed every 10,000 miles. The cost for a minor service generally ranges from $200 to $400.

Major Service – Major services, including more in-depth inspections, spark plug replacements, brake fluid changes, and other preventive maintenance, are recommended every 30,000 to 50,000 miles. The cost for major service typically ranges from $1,000 to $1,500.|

Tires – The GT350 uses performance tires, which wear more quickly due to the car’s aggressive handling capabilities. A set of four high-performance tires generally costs between $1,200 and $2,000, depending on the brand and specifications.Standard tire setup includes Michelin Pilot Sport Cup 2 tires on the GT350R, which are track-oriented and offer exceptional grip, especially in dry conditions. On the regular GT350, Michelin Pilot Super Sport or Michelin Pilot Sport 4S tires are commonly used.

Brakes – The GT350’s brakes are designed for high performance, which can lead to increased wear during spirited driving or track use. Replacing the brake pads and rotors can cost between $1,000 and $1,800 for all four corners, depending on whether OEM or aftermarket parts are used.

Clutch – Replacing the clutch on the GT350 can be a significant expense due to the labor-intensive nature of the job. A clutch replacement typically costs between $1,500 and $2,500, depending on parts and labor. This can be higher if additional components like the flywheel need replacement as well.

Options List

When it comes to purchasing a Ford Mustang Shelby GT350, there are several key options and packages to consider.

The available options are divided into a few categories.

For buyers seeking the ultimate performance experience, the GT350R stands as the pinnacle of the GT350 lineup. This track-focused model features several exclusive performance upgrades, including carbon fiber wheels, a larger rear wing for improved aerodynamics, and reduced weight by removing amenities like the rear seats and air conditioning. 

The GT350R’s aggressive stance and enhanced handling make it a standout for those serious about track performance. Additionally, the Handling Package and Technology Package can further refine the driving experience with features like a Gurney flap, increased cooling, and advanced suspension tuning.

While the GT350R is ideal for track enthusiasts, the standard GT350 also offers impressive performance paired with a more comfortable driving experience. The Track Package, which became standard on later models, includes features like a transmission cooler, engine oil cooler, and rear differential cooler, ensuring that the GT350 is capable of withstanding the rigors of high-performance driving while maintaining reliability. 

The Electronics Package adds amenities such as a premium sound system and an upgraded infotainment system with navigation, making the GT350 more suitable for daily driving or long-distance trips.

Ford offered several exterior and interior customization options, including unique color combinations, racing stripes, and Recaro sport seats. The Heritage Edition Package, available on the final model year GT350 and GT350R, further adds to the car’s value by offering a retro-inspired color scheme that pays homage to the original Shelby models from the 1960s.

2017 Ford Mustang Shelby GT350 Brochure

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

When it comes to choosing the best Ford Mustang Shelby GT350, several key factors can guide your decision.

For those seeking the best version of the GT350, the 2019 model year stands out as a top choice. This model year saw several performance enhancements, including the introduction of Michelin Pilot Sport Cup 2 tires for improved grip and revised aerodynamics with a new rear spoiler and optional Gurney flap. 

These updates significantly refined the GT350’s handling and performance, making the 2019 model one of the most capable versions in the lineup. Additionally, this model year benefits from interior updates such as standard dual-zone automatic climate control and a premium B&O Play audio system, providing a more comfortable and modern driving experience.

For those wanting track performance, the GT350R is the ideal choice. The GT350R takes the standard GT350’s capabilities to another level with features like carbon fiber wheels, a larger rear wing, and the removal of certain amenities for weight reduction, such as the rear seats and air conditioning. These enhancements make the GT350R a focused, no-compromise track machine.

It’s also worth noting the GT350R retains its collectability and appeal due to its rarity and heightened performance features.

For collectors and those seeking something unique, the Heritage Edition package is another excellent option. Available on both the GT350 and GT350R in 2019 and 2020, the Heritage Edition pays homage to the original Shelby models of the 1960s with its classic Wimbledon White paint and Guardsman Blue racing stripes.

This retro-inspired package adds to the car’s exclusivity and is sure to hold its value in the long run, particularly for those who appreciate Shelby’s rich history.

For market stability, from 2016 to 2020 GT350 and GT350R is a safe choice to ensure you won’t lose money. 

Don’t forget that the condition and mileage of the vehicle are crucial factors to consider when buying a GT350 or GT350R. Well-maintained cars with lower mileage tend to hold their value better and offer more reliable performance. 

It’s important to conduct thorough research, compare prices, and look for models with a documented service history if you are considering purchasing a GT350 with long-term value in mind.

Conclusion

In summary, with a starting price around $50,000 to $70,000+, the Ford Mustang Shelby GT350 is an exciting option for those seeking a high-performance sports car with a distinct American muscle heritage. It offers a unique combination of a high-revving, naturally aspirated V8 engine, precise handling, and track-ready dynamics.

While alternatives like the Chevrolet Camaro ZL1, Dodge Challenger Hellcat, Porsche 911 Carrera, and BMW M4 exist, the GT350 sets itself apart with its flat-plane crank Voodoo engine, aggressive styling, and balance between street comfort and track performance.

In summary, if you want a pure American muscle car, you can’t go wrong with a Ford Mustang Shelby GT350.