9427 original miles. One of only 1712 built, only 476 in this color combination. Fully documented, many NOS spare parts, receipts. Never wet, never raced, never abused. Fantastic high-performance Shelby that delivers big performance and big fun.
The GT500KR is easy to spot, thanks to an all-new (and fully functional) carbon fiber hood with twin snorkels that emulate the look of the original GT500KR and it shaves about 15 pounds off the nose to boot. With only 9427 original miles, this one remains virtually as new and looks spectacular in person. The revised ride height makes the KR look less chunky than the regular GT500, aided by a deeper front air dam with splitter and a subtle tail spoiler. This car has never been used as a daily driver and was always a fair-weather toy, and if it’s been wet more than a handful of times, I’d be surprised. Build quality is excellent, with doors that close with a solid THUNK and even the carbon fiber components fit beautifully, something that Ol’ Shel could only dream of in 1968. And in case you didn’t notice, 2008 was the 40th anniversary of the GT500KR so it’s festooned with a bunch of chrome badges advertising that special celebration. They did an awesome job of making this a special Mustang.
The leather seats are incredibly comfortable and the Mustang’s driving position has always been great for driving fast. You get a chunky steering wheel wrapped in leather, a retro-looking 6-speed shifter with shorter throws than the regular GT500 and topped with a cue ball knob, as well as those big, easy-to-read gauges. There’s a special commemorative badge between the center A/C vents featuring Carroll’s signature as well as this car’s unique Shelby serial number: 08KR0342. Ford included a big entertainment screen in the center stack and just about everything was standard: A/C, power windows, locks, seats, and mirrors, cruise control, rear defrost, and more. You’ll note this one isn’t quite 100% stock, as it has an accessory armrest with Shelby GT500KR embroidery, which echoes the look of the ‘60s cars. There’s also a set of matching embroidered floor mats. The KR did not come with a spare tire in the interest of all-out performance, but the original inflator kit is still in place and unused.
The 5.4 liter DOHC V8 makes 540 horsepower and a towering 510 pounds of torque, and until the most recent GT500, it was the most powerful Mustang ever built. We would argue that this is the purest of all Mustangs, too: brutal, direct, and notably free of electronics and other computerized nannies. The supercharger has a muted whir and with the big V8 exhaling through a revised exhaust system, it sounds downright threatening. It also likes to rev, pulling to the 6000+ RPM redline with ease and never seeming to run out of breath like the GT500, although with 510 pounds of torque on tap, you really don’t need spin it that hard. This one hasn’t been raced or abused and remains almost entirely stock save for a high-flow air cleaner from Ford Racing up front.
Out back, it now has 3.73 gears to make the most of the KR’s rev-happy nature, so there’s fairly significant acceleration available at any speed. Giant 14-inch Brembo brakes are immune to fade and pull this somewhat heavy Mustang down from speed without any stress. You’ll note that the underside looks almost new with zero signs of foul weather use or modifications, and even the assembly decals are still in place. The stainless exhaust is a work of art and you’ll note the upgraded trailing arms suspending the live axle, which is what gives the KR its fun, tail-out personality. Borla stainless mufflers give it a slightly deeper tone but it never gets annoying when you’re just cruising along. And those custom forged aluminum Alcoa wheels were custom-made just for the GT500KR and wears specially-formulated Goodyear rubber.
This car comes with a whole lot of extras, too, including manuals, window stickers, service receipts, PR materials, and a large cache of NOS Shelby parts still in their original boxes.
If there’s a late-model Shelby that’s going to be collectable in the future, it’s the GT500KR. Limited production, more power, better handling, what’s not to love? This particular car, with its stunning color combination, long list of documentation, and extra parts, brings so much more to the table. And we’re still of the opinion that these were the last true Mustangs, with modern cars becoming almost too civilized and sophisticated for their own good. For that old school Mustang experience, this gorgeous GT500KR just nails it. Call today!
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