This Oxford White Ford Mustang Shelby GT350 has covered only about 5,500 miles since its current owner bought it in July 2019, or roughly 700 miles a year. A Carfax report shows consistent, dealer-performed oil changes dating back to 2021 with no gaps in the record. The car is currently bid to $30,000 with the reserve still in place and three days remaining on Cars & Bids.
What the 2016 GT350 Is Worth
Hagerty’s recorded 2016 GT350 sales range from $46,200 to $56,175, depending on mileage and condition. Classic.com’s current listings show 17,000-to-32,000-mile examples asking between $51,900 and $56,998, while genuinely low-mileage cars with 1,000 to 4,000 miles are listed at $67,900 to $74,995.
At 10,200 miles, this car falls between those mileage tiers. Its documented ownership history is also stronger than most examples at any mileage, similar to how a heavily modified, essentially-new Mustang Dark Horse recently attracted strong bidding based on its condition and paperwork.
Fair value is estimated at $58,000 to $68,000, well above the current bid.
Condition and Mechanical Details
The Mustang is powered by Ford’s 5.2-liter Voodoo flat-plane-crank V8, producing 526 hp and 429 lb-ft. Power is sent through a Tremec TR-3160 six-speed manual transmission built specifically for this application.
Modifications are limited to an aftermarket X-pipe, a Track Package rear spoiler and a shift knob. All are reversible, and the original spoiler and shift knob are included with the sale.
The seller has also responded directly to questions about oil consumption and track use. No oil consumption has been reported, and the car has never been tracked or driven hard.
The reserve has already been reduced by $2,000 to account for the car’s original date-coded tires. The tires carry 2015 and 2019 codes and will need to be replaced regardless of the amount of tread remaining.
2016 Ford Mustang Shelby GT350 Specifications
- Make: Ford
- Model: Mustang Shelby GT350
- Year: 2016
- Mileage: 10,200 miles
- Engine: 5.2-liter Voodoo V8
- Power: 526 hp / 429 lb-ft
- Transmission: 6-speed manual
- Drive type: Rear-wheel drive
- Exterior color: Oxford White
- Interior color: Ebony
- Current bid: $30,000, reserve not yet met, 3 bids, ends Sept. 12
What Makes the GT350 Unique
The Voodoo V8’s flat-plane crank remains unique in Ford’s lineup. It disappeared for good when Ford replaced the GT350 with the supercharged Dark Horse SC as its new flagship Mustang.
The Dark Horse SC starts well over $100,000, more than double what the GT350 originally cost new. That price gap has made clean, low-mile GT350s such as this one more appealing to buyers seeking the high-revving V8 experience without a six-figure entry price.
Value and Ownership History
Fair value for this GT350 is estimated at $58,000 to $68,000. The car’s documentation includes consistent dealer service, direct responses from the owner and a reserve that has already been adjusted for its main identified flaw: the tires.
Although the tires should be budgeted for immediately, the available information points to a well-sorted GT350 with limited modifications, documented maintenance and a stated history of never being tracked or driven hard.
Disclaimer: This post is for informational purposes only. We are not a dealership or broker. All vehicle specifications, pricing, and availability are subject to change without notice. We are not responsible for typographical errors, omissions, or the accuracy of the provided information. Please verify all details directly with the seller.
