You Can Now Score Nice, Used GT350 Stangs for Around $40K
Cheap, low-mile GT350 examples are flooding used car market, giving buyers one heck of an enticing opportunity.
Remember when people were paying insane markups just for the privilege of taking home a new Mustang Shelby GT350? Pepperidge Farm remembers. But now that the hot new GT500 is commanding insane money from would-be early adopters, the GT350 has become somewhat of an afterthought. That means no more ADMs for new car buyers, of course. But it also means that used examples are downright affordable. Some of them even coming in below the $40k range.
And we aren’t just talking about high-mileage beaters, either. Take a gander over at Bring a Trailer’s listings, and you’ll find several incredibly clean, low-mile examples selling in the low $40s. Like this blue one, with just 8k miles on the clock that sold for $41k. Or this yellow one, which has 4,900 miles and sold for the same price. Want a GT350R instead? How about a 3k-mile one, or a 19-mile example, both of which hammered for less than $50k?
That, folks, is an absolute bargain compared to the ridiculous prices people were paying for these cars up until recently. It wasn’t that long ago that $60-$70k GT350s and $100k GT350Rs were a thing. And these prices seem even more attractive when you consider that a bare bones 2020 GT will cost you $36,825 at a minimum, a new GT350 $61,635. And good luck finding anyone who can tell the difference between a 2017 and 2020 GT350.
Of course, we aren’t terribly surprised to see this happen. Every hot new Shelby model starts out selling with an ADM attached, but eventually depreciates a little when something newer and flashier comes out. Those who have remained patient are rewarded with massive savings. Regardless, super low-mile examples are everywhere, mainly because people thought they were buying an investment.
The winners of this cat-and-mouse game are patient buyers, of course. Sure, you won’t be driving the latest and greatest Shelby. But a barely used GT350 is an amazing value if you nab one in the upper $30k or lower $40k range. Where else can you snag a 526 hp, flat-plane crank V8-powered car with an 8,250 rpm redline and serious track chops for that kind of money? The answer, as far as we can tell, is nowhere.
Photos: Bring a Trailer
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