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.
Well as to the newer Shelby models. they are going way up in value as we speak. Dealers have gauged customers and for the most part for good reason, because of the car's performance. The 13 Shelby's will stay high in value as this was the first Shelby to gain a ton of power with a 5.8 sc and rated at going 200 plus.. In 2013 a car that went 200 mph costs in the neighborhood of $200k.I have 9800 miles on mine and love it anytime I bring it out for a cruise. To date, these are avg in the $49k - $54k range mostly with 30,000 -50,000 miles on them. Lower mileage cars ar in the $60k range and higher. Not bad for a near 8 yr old car and increasing as we speak. Just recently at the Barret-Jackson, one sold for $78k. I don't believe in your assessment of this 13 Shelby rare car..
I hope it don't go up in value because my wife said it will be sold if it hits 78k I don't drive it because it try's to kill me everytime I drive it. less than 3500 miles it looks good in the garage owed many Shelbys first one I bought new please please please stay in the 50k range
A friend just bought a new 2021 Mach1 and it is an incredible car. I have a 2014 Shelby GT500 I purchased new in April of 2013, and I wouldn't trade it for any of the new lot, and that includes the 2021 GT500's. I didn't purchase this car as an investment, I purchased it because I truly fell in love with the 2013/14 Shelby GT500's, period. The 5.8L (355 cu. in.) Trinity D.O.H.C. is absolutely a monster to begin with and has responded so well to minor tweaking. I did a few things, strapped it to a chassis dyno, and got 722 H.P. at the rear wheels, and on the ground... When someone wants to engage, I usually do it from a roll, this way I don't have to worry about too much spinning. Mine is Grabber Blue with black accent striping and black Shelby wheels. People on these sites can badmouth the 2013/14 GT500, but I'll stand with my 24,000-mile beauty!
I always thought that the '13-'14 GT500 was a sweet spot for the super powered Shelby Mustangs, and the Grabber Blue is a great color! Enjoy!
We bought our 2013 Ford Shelby GT500 in Aug 2013, new. We went to our local dealer and were looking for a black colored one, racaro seats, etc. Hard to believe this car had been sitting on the car lot for 1 yr. just waiting for us to get get it. Amazing no one snapped it up. It has about 6700 mi. on it now and drive it only for pleasure as we are retired. Back in the day we owned a 1968 Pontiac GTO we bought new in 1968. Unfortunately it was stolen and trashed in 2007. We got looks when we had the Goat but nothing like we get w/ our GT500. Love this car and power, wow.
I own a 2013 gt 500 deep impact blue with performance package. In my opinion they will definitely going to rocket in value. The car broke records for the most powerful production v8. I think also the first stock production mustang to break 200mph. For me its the last true Shelby as it was his last car that he had his hand on.Also it was back in 1973 we saw the last big 5.8l used in a of the factory floor mustang , 40years later and 662 hp comes our gt500. will never see a motor of that size again in a mustang.New gt500 only makes 180mph with over 100hp more. Making the 2013 still the highest top speed.Put all this together a blind man could see these cars are really going up in value. Sure you could buy a Ferrari or porsche but I like the fact my parts are cheap and can service the car my self can't say the same for the European super cars can you.
Going up in value low miles over 65k the 13-14 Shelby is old school power new Shelby is computer control it will be the same as carb vs EFI electric cars soon will be the fastest practical street cars but old school will love no compute controlled cars
The 2013 -14 Shelby Gt 500 is one of the greatest American muscle cars ever made. These cars are street monsters, with great looks and power to spare. The price on these cars will soar! These are the last of the real Shelby's! I enjoy my 2014 Shelby more each time I drive it. As Mr. Shelby said{ no such thing as too much horsepower just not enough traction] My opinion is if you can get one of these cars buy and enjoy it.
This is my second opinion on the subject. The car I own now has 25000 miles on it. Mine was purchased in April 2013 but is titled as a 2014. I didn't buy it as an investment, I bought it because it is a monster and still puts a smile on my face everytime I get behind the wheel. These cars have a 6-Speed Manual and a straight rear axle. They accelerate like a Big Cat chasing after an Antelope for dinner. Does it handle in the corners like a Porsche 911? Heck No... Do I care? Heck No... I am now 67 years old, and I still get the biggest grin driving this wonderful automobile. So all of you naysayers out there, just leave us alone because we love our Shelbys!
This is my second opinion on the subject. The car I own now has 25000 miles on it. Mine was purchased in April 2013 but is titled as a 2014. I didn't buy it as an investment, I bought it because it is a monster and still puts a smile on my face everytime I get behind the wheel. These cars have a 6-Speed Manual and a straight rear axle. They accelerate like a Big Cat chasing after an Antelope for dinner. Does it handle in the corners like a Porsche 911? Heck No... Do I care? Heck No... I am now 67 years old, and I still get the biggest grin driving this wonderful automobile. So all of you naysayers out there, just leave us alone because we love our Shelbys!