Used 2007 Ford Mustang Shelby GT500 Cobra Convertible 2D
Pricing
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Values and Prices
Fair Purchase Price is determined by collecting thousands of actual consumer vehicle purchase prices, plus data from national vehicle registration databases and several other reliable third-party sources.
Estimated Values
Condition | Trade-In Value | Private Party Value | ||
|---|---|---|---|---|
Excellent | - | $23,900 | ||
Very Good | - | $23,000 | ||
Good | - | $21,900 | ||
Fair | - | $19,250 |
Estimated Private Party Values range from about $19,250 to $23,900 depending on vehicle condition. Valid for ZIP Code 14901 through 9/21/2026.
2007 Ford Mustang Shelby GT500 Cobra Convertible 2D Depreciation
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2007 Ford Mustang Shelby GT500 Cobra Convertible 2D Annual Depreciation
Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
|---|---|---|---|---|---|
2023 | $1,112 | $18,164 | $17,610 | ||
2024 | $3,542 | $14,622 | $13,629 | ||
2025 | + $116 | $14,738 | $14,002 | ||
Now | + $6,562 | $21,300 | - |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
2007 Ford Mustang Shelby GT500 Cobra Convertible 2D Depreciation
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Specifications
Dimensions, Weights & Capacities
Curb Weight | 4040 lbs. | ||
|---|---|---|---|
EPA Total Interior | 96.0 cu.ft. | ||
Fuel Capacity | 16.0 gallons | ||
Front Head Room | 38.8 inches | ||
Front Leg Room | 42.7 inches | ||
Max Seating Capacity | 4 | ||
Overall Length | 187.6 inches | ||
Front Shoulder Room | 55.4 inches | ||
Trunk or Cargo Capacity | 9.7 cu.ft. | ||
Turning Diameter | 37.0 feet | ||
Wheel Base | 107.1 inches | ||
Width with mirrors | 73.9 inches |
Exterior
Alloy Wheels | Available | ||
|---|---|---|---|
Number of Doors | 2 doors | ||
Rear Spoiler | Available |
Fuel Economy
City | 14 mpg | ||
|---|---|---|---|
Highway | 20 mpg | ||
Combined | 16 mpg |
Mechanical
Drivetrain | RWD | ||
|---|---|---|---|
Transmission Type | Manual | ||
6 speed | Available | ||
Recommended Fuel | Premium |
Performance
Horsepower | 500 @ 6000 RPM | ||
|---|---|---|---|
Torque | 480 @ 4500 rpm | ||
Engine | V8, Supercharged, 5.4L | ||
Top Speed | 143 mph |
Warranty
Basic | 3 years / 36000 miles | ||
|---|---|---|---|
Powertrain | 5 years / 60000 miles | ||
Corrosion | 5 years / Unlimited miles |
2007 Ford Mustang Shelby GT500 Cobra Convertible 2D Standard Features
2007 Ford Mustang
KBB.com Review
If you’re a fan of the affordable, powerful, rear-wheel-drive vehicles that have defined the American muscle car, you’ll find this properly refined version thoroughly satisfying.
Although the new Mustang is noticeably larger than the model it replaces, it still lacks much of the practicality – like a roomy rear seat – some people may need.
2007 Ford Mustang
KBB.com Consumer Reviews
Consumer Rating
2007 Ford Mustang Shelby GT500 Cobra Convertible 2D Safety
Safety Features & Technology
Crash Test Rating
Compare to Similar Vehicles
 Used 2007 Ford Mustang Shelby GT500 Cobra Convertible 2D |  Used 2019 MAZDA MX-5 Miata RF |  Used 2019 MINI Convertible |  Used 2018 BMW 2 Series | ||
|---|---|---|---|---|---|
| Price | $23,700 | $22,700 | $22,100 | $22,700 | |
| KBB.com Rating | N/A | 4.6 | 3.7 | 4.6 | |
| Consumer Rating | 4.7 | 4.7 | 4.6 | 4.9 | |
| Fuel Economy | City 14/Hwy 20/Comb 16 MPG | City 26/Hwy 34/Comb 29 MPG | City 22/Hwy 31/Comb 25 MPG | City 21/Hwy 30/Comb 24 MPG | |
| Fuel Type | Gas | Gas | Gas | Gas | |
| Seating Capacity | 4 | 2 | 4 | 4 | |
| Basic Warranty | 3 years or 36000 miles | 3 years or 36000 miles | 4 years or 50000 miles | 4 years or 50000 miles | |
| Horsepower | 500 @ 6000 RPM | 181 @ 7000 RPM | 228 @ 5200 RPM | 335 @ 5500 RPM | |
| Engine | V8, Supercharged, 5.4L | 4-Cyl, SKYACTIV-G, 2.0 Liter | 4-Cyl, Turbo, 2.0 Liter | 6-Cyl, Turbo, 3.0 Liter | |
| Drivetrain | RWD | RWD | FWD | RWD |