Pricey Pony Cars: 3 of the Priciest Ford Mustangs For Sale at Auction

Car auctions often feature uniquely rare and near-priceless muscle cars that fetch immense bids. Moreover, many Ford Mustangs cross auction blocks; some are very special and expensive. For instance, the Ford Mustang GT350R that Ken Miles drove extensively fetched millions of dollars when it went up for sale at auction. Here are three of the most pricey pony cars ever sold. 

  • Shelby GT350R
  • Ford Mustang GT 390
  • Ford Mustang Shelby GT500 Super Snake

Which Ford Mustangs put up for sale earned the most money?

The most expensive Ford Mustangs to go up for sale at auction each earned seven-figure paydays. The most expensive pony car to ever cross an auction at the time of this article is the 1965 Shelby Mustang GT350R. However, it’s not just a handsome blue and white-liveried Mustang; the GT350R that smashed auction records spent time in the winner’s circle and even served as one of Ken Miles’ track-day mounts. 

Moreover, the instantly recognizable 1968 Ford Mustang GT 390 from the film Bullitt earned a top spot when it went up for sale. It might look a little rough compared to the Shelby, but it’s a movie star with Steve McQueen’s onscreen credentials intact. Finally, a 1967 Ford Mustang Shelby GT500 Super Snake snagged the number three spot and still demanded over one million dollars. 

How much is a GT350R worth?

Depending on the generation, a GT350R is one of the most valuable Shelby vehicles of all time. In the case of the “Flying Mustang,” it’s actually the most expensive Ford Mustang ever. This 1965 Ford Mustang GT350R in Wimbledon White with blue stripes is the first R-Model of its kind. Moreover, the legendary Ken Miles, a WWII veteran and Ford Racing royalty, logged many hours behind the wheel of the Shelby Mustang

The Shelby GT350R is the most expensive Ford Mustang ever to go up for sale.
1965 Shelby GT350R | Mecum

As a result, “The Ken Miles R-Model” demanded a premium at a Mecum Auction. Specifically, when this 1965 Ford Mustang Shelby GT350R went up for sale at an auction in Kissimmee, Florida, it sold for a stratospheric $4,070,000. 

What is a Mustang GT 390, and is it for sale?

The Ford Mustang GT 390 is a fastback pony car with a 390 cubic inch Ford V8 instead of a more mainstream small block mill. However, the Mustang GT 390 has another claim to fame. It’s the immortal star of the 1968 film Bullitt. In the movie, Steve McQueen plays Lieutenant Frank Bullitt, a San Francisco detective who slides the GT 390 around the streets of the Southern California city with little regard for the Mustang Fastback. 

The 1968 Ford Mustang GT 390 is one of the most expensive Ford Mustangs ever to go up for sale.
1968 Ford Mustang GT 390 | Dania Maxwell, Bloomberg via Getty Images

Furthermore, while not everyone cares for the movie’s plot, the GT 390 engaged in a chase with a Dodge Charger in one of Hollywood’s most famous cinematic chases. Moreover, when the Mustang went up for sale in 2020, the dark green pony car demanded $3.7 million. 

How much is a Mustang Super Snake worth?

It’s not surprising that another of the most expensive Ford Mustangs to go up for sale is a Shelby product. Carroll Shelby’s tenure of turning the pony car into a taut, fast performance machine continues today, even after his death. Moreover, Shelby and Goodyear partnered to make just one 1967 Ford Mustang GT500 Super Snake. When the special Mustang went up for sale in 2019, the new owner had to pay $2.2 million to bring it home. 

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According to Hagerty, the white and blue Shelby was the most expensive Mustang ever to go up for sale at the time. Which special edition Mustang is your favorite? Tell us in the comments below!