Scotty Kilmer on 2013 Shelby GT500 Price and Value
Armen Hareyan's picture

Why 2013 Shelby GT500 Will Go Up In Price and Value, Scotty Kilmer

The 2013 Shelby GT500 is a rare and fast car, which is going to appreciate in price and value. A Houston based mechanic and a Youtuber Scotty Kilmer thinks this is one of the rarest cars that is going to appreciate in price and value as a recent 2013 Shelby GT500 was sold for more than what was its original price seven years ago.
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I think the 2013 Shelby GT500 will go up in value is because the 2013 is a historical GT500. That was the last one that was built with the help of Carroll Shelby and they named the 2013 Shelby GT500 after him.

Shelby died a few weeks before they released it. So he'll never have anything to do with any of the new Shelby gt500.

2013 Shelby GT500 Is Fast

I am thinking historically that's going to mean something and the value of this car will go up because it's a classic. It's a v8 with a six-speed standard transmission, which Americans love. It put out like 667 horsepower, and can actually go 200 miles an hour. Now, a lot of people argued the 200 mph. I have seen one go 200 miles an hour, so I know the 2013 Shelby GT500 can go 200 miles an hour: at least the stock one, which I had for a week.

I liked the that I road-tested for a week because it didn't even have a front grille. It just had a hole because Ford figured they needed that much air to flow in to cool the engine and such air into the engine so it could get enough air, burn it fast enough to go 200 miles an hour.

It takes something, to go 200 miles an hour.

The Price of 2013 Shelby GT500 and Value

Really, for the $61,000 car to go 200 miles an hour, you need to keep in mind that most of the 200 mile an hour cars were $200,000 and up at the time.

So, even thought there is still a lot of money, for a car that can go that fast, it was pretty much a bargain.

Now, it's one model: 2013 Shelby GT500.

I believe really that they are starting to appreciate more in value. I just saw one that was sold for $63,700, which is pretty much the original price of the car. You try finding a 7 year old car that you can sell it for the same price that you bought it for.

It's going to be a rarity, but I believe overtime the 2013 Shelby GT500 will keep appreciating in value because it's the last one Carroll Shelby had anything to do with. And they are re really fast cars. A lot of them are destroyed, wrapped around telephone poles, or rolled over.

By the process of attrition as time goes on there going to be less and less of them still rolling down the road.

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After all they only made 4,885 of these things. There weren't that many to begin with.

The Rarity of 2013 Shelby GT500

I am sure they are going to appreciate in value as there will be less and less of them left when.

When it comes to the value of cars and most other commodities, it's more the rarity that makes them worth something. Yes, they have got to have a reason why, but it all comes down to numbers eventually.

So, realize that if you own a car and the manufacturer made 500,000 of them, it's probably never going to be worth much money. It will depreciate. And if it's a good car like the Celica, hey, keep riving the thing around and have fun with it. Just don't think that it is going to be worth a king's ransom one day like the 2013 Shelby GT500.

Watch how to remove car wrap from a Ford Mustang GT and subscribe to Torque News Youtube Channel for daily news on Ford and automotive industry.

See you in the next story in which I discuss this interesting video story about using the Tesla Model 3 in tight garages and parking spaces not only forward, but also backward.

Armen Hareyan is the editor of Torque News and you can follow him on Twitter, Facebook and Youtube.


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Comments

I can’t see the 2013 or 14 Shelby GT500 going down anymore. It’s the last real Shelby influenced by Carol although minor. I think the 6 speed will be the driving factor more than anything else. The car is stupid fast with incredible torque that is ending the life of many of these cars. Purely explosive and I have lost control more times then I like and I’ve had a few performance driving classes. How many cars go sideways when you hit it at 60 mph in 2nd gear. Explosive cars.
Well I disagree with a lot that this guy says. He has some valid points, but there are other issues that he didn't go into that greatly affect the ability for a car to appreciate over time. I like the Honda S2000. They are a truly fun convertible sports car, and you can find one in good condition with under 75K miles (low for a Honda) for around $15K, which I think is a bargain. But most all cars are relatively poor investments. Most cars are transportation, and they naturally give value for use, and depreciate over time in the process. Some are more fun than others, and can still depreciate slowly. The older NSX has gone up in value from the recession days, but because they are reasonably reliable cars, over time there are simply more and more higher mileage examples out there, and the downside of owning a car that was expensive to buy (and rare to boot) is trying to get affordable parts and service now, decades after the car was discontinued. The prices of 70s-80s Porsches and Ferraris has shot up dramatically over the last five years, even more than many of the cars mentioned here. But for me I wouldn't buy them because the newer, improved versions of the same car can be had for the same price or less. With regard to the Shelby's future value, my mind always goes to the 2007 Shelby GT, which was basically a Mustang GT plus 10HP, stickers and Shelby trim. And it was the big buzz when new that these Shelby GTs were going to skyrocket in value over time. And collectors were paying $65K-$85K for them new, when a Mustang GT cost less than half that. And now 12 years later, when collectors would have believed that they would be worth $100K, you can find a low mileage example of a Shelby GT for $13K-$16K. Again, the biggest reason is that the newer models were simply better cars. For the '13-'14 Shelby GT500, it was the pinnacle of power in a stock Mustang, and because the new 760HP GT500 is about to come out, there is a renewed buzz about the last model. But I think that Ford is going to keep improving the Mustang, and only die hard Shelby loyalists are going to cling to the '13-'14 GT500 models. They did have a boatload of horsepower, but with so much weight on the front wheels, they are not the best handling cars out there, especially considering that if you press too hard on the go pedal the rear tires are just going to spin. That looks good for showing of to teens, but it is not good for actually going fast. And to actually take off quickly in an older GT500 you are going to need drag radials just to hook up. Which brings me to the other issue with these iconic beasts. Not everyone who abuses their performance cars wraps them around a telephone pole. Many of them have been abused over time but still look good on the outside. And again with rarer cars, repair parts can be expensive. I had a friend who sold his old, unrestored 911E which he recently for $93K! If it were my money I would much rather spend that cash on a 2013 911 Turbo, which offers a completely different league of performance compared to the early 911s. For these "collectors cars" shown I would rather spend $40K on a '15 Alfa Romeo 4C Spider than a mint Honda S2000, and I'd rather spend $100K on a Ferrari F430 Spider, than a 1996 NSX Targa. For drivability, I wouldn't be using any of these special cars as a commuter car on bad roads in the rain anyway. And lastly, I would rather buy a 2013 SRT Viper GTS than pay $70K for a '13-'14 Shelby GT500. The SRT offers comparable street performance in a straight line, but the Viper also handles corners and stops amazingly well. Plus Vipers and Ferraris are not going to be mistaken for any cheaper models, and they are even rarer than the Shelby is. Even if I were a die hard Shelby fan, I would rather spend $65K on a 2018 Shelby GT350 than for a '13-'14 GT500. The newer models of these "collectors cars" will simply either walk (or RUN) away from their older counterparts in most every comparative way. It's not saying that the older models are not special, or fun. They are. It's just that cars are an unreliable "investment", and if you love performance cars, sometimes the better value is the one offering better actual performance.