Shelby GT500KR priced near $80,000
May 2, 2008 | 12:16 PM
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Shelby GT500KR priced near $80,000
Shelby GT500KR Mustang
There's nothing low-key about the 2008 Ford Mustang Shelby GT500KR--including its price--which will be about $80,000 when the remake of the 1968 classic arrives in showrooms later this month. Ford is suggesting a sticker of $79,995, including shipping charges, but the car will likely command a higher price on the open market as dealers and collectors historically have tacked premiums onto similar limited-run cars.
Production began in January, and dealer deliveries will start this month. The first GT500KR off the line drew $550,000 at the Barrett-Jackson auction that month. A scan of eBay on Thursday showed one Oklahoma seller asking $169,000 and others asking well more than $100,000 for the car. The base price of the GT500KR is more than that of the Chevrolet Corvette Z06, which starts at $72,125, including shipping charges.
KR stands for King of the Road, and the car is the most powerful production Mustang ever built. It packs 540 hp, 40 more than the conventional Shelby GT500, thanks to a slew of upgrades to Ford's supercharged 5.4-liter V8. Changes include a revised ignition and throttle calibration and a cold air intake system that replaces the stock unit. The powerplant is paired with a six-speed Tremec manual transmission with a Ford Racing short-throw shifter--throws are 30 degrees shorter than in the GT500. The modern version takes a number of styling cues from its predecessor, including a sculpted KR hood and Le Mans-style striping.
Ford is building 1000 units for the 2008 model year--with a unique Cobra badge--to mark the 40th anniversary of the 1968 car. The cars are assembled in Flat Rock, Michigan, and then shipped to Shelby Automobile's Las Vegas facility for upgrades. Ford said in March that it is increasing production of the GT500KR in the wake of customer demand, adding 746 units for the 2009 model year. U.S. buyers will get 571 of those cars, for a total of 1571 GT500KRs built for this market, the same production number as for the original model.
There's nothing low-key about the 2008 Ford Mustang Shelby GT500KR--including its price--which will be about $80,000 when the remake of the 1968 classic arrives in showrooms later this month. Ford is suggesting a sticker of $79,995, including shipping charges, but the car will likely command a higher price on the open market as dealers and collectors historically have tacked premiums onto similar limited-run cars.
Production began in January, and dealer deliveries will start this month. The first GT500KR off the line drew $550,000 at the Barrett-Jackson auction that month. A scan of eBay on Thursday showed one Oklahoma seller asking $169,000 and others asking well more than $100,000 for the car. The base price of the GT500KR is more than that of the Chevrolet Corvette Z06, which starts at $72,125, including shipping charges.
KR stands for King of the Road, and the car is the most powerful production Mustang ever built. It packs 540 hp, 40 more than the conventional Shelby GT500, thanks to a slew of upgrades to Ford's supercharged 5.4-liter V8. Changes include a revised ignition and throttle calibration and a cold air intake system that replaces the stock unit. The powerplant is paired with a six-speed Tremec manual transmission with a Ford Racing short-throw shifter--throws are 30 degrees shorter than in the GT500. The modern version takes a number of styling cues from its predecessor, including a sculpted KR hood and Le Mans-style striping.
Ford is building 1000 units for the 2008 model year--with a unique Cobra badge--to mark the 40th anniversary of the 1968 car. The cars are assembled in Flat Rock, Michigan, and then shipped to Shelby Automobile's Las Vegas facility for upgrades. Ford said in March that it is increasing production of the GT500KR in the wake of customer demand, adding 746 units for the 2009 model year. U.S. buyers will get 571 of those cars, for a total of 1571 GT500KRs built for this market, the same production number as for the original model.
Last edited by drew935; May 13, 2008 at 02:11 AM.
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