What Mustang Costs $300,000? - Comprehensive Guide to Cars

The Ford Mustang is a legendary name in the automotive world, representing power, performance, and an iconic status. For decades, this American muscle car has been a symbol of automotive excellence. While Mustangs have been produced at a variety of price points, from the more affordable base models to limited editions and high-performance variants, some of these cars reach extraordinary prices. But the question remains: What Mustang costs $300,000? In this article, we will explore the rare Mustangs that can fetch this incredible price tag.

1. Ford Mustang Shelby GT500KR

The Shelby GT500KR, also known as the “King of the Road,” is one of the most expensive and collectible versions of the Ford Mustang. While the regular Shelby GT500 models are priced much lower, the special-edition GT500KR stands out for its performance and rarity.

The Shelby GT500KR first debuted in 1968, and its legacy continues today. The 2020 Shelby GT500KR, a modern iteration, is a collector’s dream. With only a limited number of these high-performance Mustangs produced, their value has skyrocketed in the years since their release. The car is equipped with a supercharged 5.2L V8 engine, producing 760 horsepower, paired with a 7-speed dual-clutch transmission. The exclusive features and customization options available make the Shelby GT500KR a Mustang that can demand up to $300,000 on the market.

2. 1965 Ford Mustang Fastback (Shelby GT350)

One of the most sought-after Mustangs among collectors is the 1965 Ford Mustang Fastback, especially in its Shelby GT350 form. This particular model, originally developed by Carroll Shelby, remains one of the most valuable and coveted Mustangs due to its historical significance. The 1965 Shelby GT350, which introduced the world to high-performance Ford Mustangs, is a rare gem that can easily exceed $300,000 at auctions or private sales.

In 1965, the Shelby GT350 was equipped with a 289-cubic-inch V8 engine, offering an incredible 306 horsepower. This powerhouse of a car was a game-changer, leading to its continued reverence in the car collector community. If you can find one in excellent condition with all original parts, its price can reach the high six-figure mark, with some exceptional examples fetching up to $300,000.

3. 1967 Ford Mustang Shelby GT500 (Eleanor)

The 1967 Shelby GT500, famously known as Eleanor from the film Gone in 60 Seconds, is another Mustang that can command a price of $300,000 or more. Eleanor has become a cultural icon, thanks to her starring role in the movie, where she was driven by actor Nicolas Cage. The car’s stunning looks, paired with the heart-pounding performance of the 428-cubic-inch V8 engine, have made this particular model extremely desirable for car enthusiasts and collectors alike.

The Mustang Eleanor is not just about nostalgia; it is also a performance machine. With a reputation built over decades, authentic Eleanor replicas or original models can fetch close to $300,000, especially if they have been painstakingly restored to their movie-perfect glory.

4. Ford Mustang Boss 429 (1969-1970)

The 1969-1970 Ford Mustang Boss 429 is an incredibly rare and valuable piece of automotive history. This Mustang was produced with a special 429-cubic-inch V8 engine, making it one of the most powerful and performance-oriented Mustangs of its time. Only 1,358 Boss 429s were built, contributing to their rarity and high market value today.

The Boss 429 was engineered for performance, featuring a robust suspension system and improved handling to match the engine’s incredible power. Today, this muscle car is a highly sought-after collector’s item, and prices can often surpass the $300,000 mark, especially for well-maintained, original models with a verified history.

5. Ford Mustang 1964 ½ Convertible (First Production Mustang)

The very first Ford Mustang rolled off the assembly line on April 17, 1964, and it holds immense historical significance in the automotive world. As one of the first production Mustangs ever made, a 1964 ½ Mustang Convertible is a collector’s dream. This particular model set the tone for the Mustang’s future success, bringing the world a new kind of performance car that was both affordable and stylish.

While the base model typically doesn’t command a price of $300,000, a 1964 ½ Convertible in exceptional condition or with an interesting provenance can reach six-figure amounts at auction. Furthermore, cars with a rich history or specific customization from the Ford factory or performance specialists can push the value to the $300,000 range.

6. Custom and One-Off Ford Mustang Builds

In addition to limited-edition models and historically significant Mustangs, custom-built and one-off creations can also fetch significant prices in the market. High-performance upgrades, bespoke designs, and rare features can elevate the price of a Mustang, with some custom-built examples reaching the $300,000 mark.

Many custom Mustangs are built for specific owners or events and feature high-performance engines, state-of-the-art technology, and stunning, one-of-a-kind bodywork. These cars may be modified versions of classic models, such as the 1965 Mustang Fastback or 1967 Mustang, and come with unique touches that appeal to wealthy car enthusiasts. When done right, these Mustangs can be sold for prices well above the usual market range, with some hitting or even exceeding $300,000.

Conclusion

When it comes to Mustangs that cost $300,000, you are likely dealing with extremely rare, high-performance, or historically significant models. These vehicles are prized by collectors for their rarity, provenance, and the power they bring to the road. From the Shelby GT500KR to the legendary 1967 Shelby GT500 Eleanor, and the rare Boss 429, Mustangs with a $300,000 price tag are a true testament to the enduring legacy of this iconic American muscle car. Whether it’s the power, performance, or history that draws in collectors, these Mustangs remain some of the most valuable cars in the world.