S197-generation Ford Mustang models have been a common sight at online collector car auctions for some time now, and there have been plenty of nice ones to bid on as of late – including a 535-mile 2007 Saleen S281, a 20k-mile 2007 GT, and a 2008 Ford Mustang Shelby GT500 with 37k miles on the clock. Now, we have yet another enticing S197 to add to that list – this 2007 Ford Mustang Shelby GT500 convertible, which has a mere 500 miles showing on the odometer and is currently up for grabs at Cars & Bids.
This Shelby GT500 is completely unmodified as well, making it a pretty surefire collectible, even though most would probably prefer to simply drive and enjoy it. Regardless, that lack of use has it looking just as good as new, save for a couple of scratches marring its black paint. Otherwise, there’s a lot to like here, including the car’s optional GT500 Premier Trim Package, which pairs nicely with the Shelby’s unique styling features.
Inside the cabin, this range-topping pony car is equipped with black and red leather upholstery and a large array of amenities that include a power driver’s seat, the Shaker 500 audio system with a six-disc changer, and cruise control, which complement mechanical upgrades such as Brembo brakes, a specially-tuned suspension, and 18-inch alloy wheels.
Under the hood, this Ford Mustang Shelby GT500 is powered by the supercharged 5.4L V8 that was factory-rated to produce 500 horsepower and 480 pound-feet of torque, which flows to the rear wheels via a Tremec six-speed manual transmission and a limited-slip differential. Ultimately, it’s difficult to say just what this GT500 will garner at auction, but we imagine that it will ultimately hammer for a solid amount, given its incredibly low mileage total.