Loading

What is the most sought out Mustang?

The most sought-after Mustang among collectors is widely regarded as the 1965 Shelby GT350, a limited-edition, race-bred landmark that defined the early era of American pony cars. Its combination of performance, heritage, and rarity drives its desirability.


The crown jewel: the 1965 Shelby GT350


Origins and racing heritage


The GT350 was born from Carroll Shelby’s effort to turn a street‑legal Mustang into a bona fide race car for Trans‑Am competition. Its pedigree combines Ford engineering with Shelby’s tuning and racing know‑how, giving it a storied place in automotive history.


Key attributes that drive its desirability:



  • Racing DNA and track credibility, including a purpose-built 289‑ci V8 and chassis refinements tied to actual competition.

  • Limited production and early‑era rarity, which amplify collectability compared with most other Mustang variants.

  • Iconic styling and cultural resonance, cementing its status as a symbol of the 1960s performance boom.

  • Provenance and documentation that back up authenticity and originality, which collectors prize highly.


In terms of market performance, top-condition examples have commanded seven-figure sums at auction in recent years, underscoring the GT350’s status as the benchmark for Mustang collecting.


Other highly coveted Mustangs


Beyond the GT350, several other Mustang variants are highly sought after by collectors and enthusiasts for their rarity, performance, and impact on the lineage.


Notable contenders and why they matter



  • 1969–1970 Boss 429: a rare, high‑output model with a 429‑ci engine, prized for power and limited production.

  • 1967–1968 Shelby GT500 and GT500KR (King of the Road): muscular, performance‑focused coupes with limited numbers and iconic styling.

  • 1965–1966 Shelby GT350R (lightweight track version): an ultra‑rare, purist variant prized by enthusiasts for its purity and racing pedigree.


While these variants are exceptionally coveted, the 1965 GT350 remains the touchstone for many purists and collectors.


What buyers look for today


As the classic‑car market evolves, buyers evaluate several factors that influence value and desirability. These considerations shape bids, restorations, and ownership history.


Factors collectors weigh most heavily:



  • Numbers-matching engine and drivetrain, plus verification of authenticity via build sheets or factory documentation.

  • Original or period‑correct color schemes, interiors, and factory options that preserve the car’s historical integrity.

  • Clear provenance, including documented ownership history, race use, and provenance tied to notable events or individuals.

  • Overall condition and restoration quality, with high regard for accuracy, execution, and the ability to present at shows or concours.

  • Rarity and production context of the specific variant, which can dramatically influence an individual car’s value trajectory.


In practice, provenance and originality often trump cosmetic restoration, especially for rare variants and historically significant cars in Mustang lore.


Summary


Among Mustangs, the 1965 Shelby GT350 is widely regarded as the most sought-after model due to its racing heritage, limited production, and enduring cultural impact. Other late‑1960s Shelby and high‑performance variants—particularly the Boss 429 and the GT500/GT500KR—remain highly coveted and command premium prices in the collector market. For buyers today, the keys to maximizing value are provenance, originality, and thorough documentation, ensuring a car’s place in the enduring story of Ford’s iconic pony car.

What are the most valuable Mustangs?


The most expensive Mustang is a 1965 Shelby GT350R prototype (Chassis SFM5R002), which sold for $3.85 million in January 2022. This historic race car, known as "The Flying Mustang," was the first Shelby Mustang to win a race and was driven by legendary racers.
 
You can watch this video to learn more about the most expensive Mustang, the 2025 Mustang GTD: 30sDoug DeMuroYouTube · Sep 17, 2025

  • Price: $3.85 million, which was a record price for any Mustang at auction, surpassing Steve McQueen's "Bullitt" Mustang. 
  • History: It was the first of two racing prototypes and the first GT350R to win a race, piloted by Ken Miles. 
  • Rarity: It is one of only two prototypes built and has been driven by several famous racing figures. 



What car is known as the crowd killer?


The term "crowd killer car" is a nickname for the Ford Mustang, stemming from numerous videos shared on social media of Mustangs crashing into crowds, often while drivers are showing off or attempting to perform stunts. While any powerful, rear-wheel-drive car can be dangerous in inexperienced hands, the stigma is often attributed to the Mustang's high power, accessibility to new drivers, and the visibility of its crashes on platforms like YouTube and Facebook.
 
This video explains why the Ford Mustang has a "crowd killer" reputation: 59sMartiniWorksYouTube · Feb 4, 2024
Reasons for the "crowd killer" stigma

  • Inexperienced drivers: Many owners are first-time performance car buyers who may not have the skills to handle the car's power. 
  • Reckless behavior: Drivers often show off by revving the engine, performing burnouts, or attempting other stunts, which can lead to loss of control. 
  • Traction control settings: Some drivers disable traction control or use "Sport+" modes, which can lead to spinning the rear wheels and a loss of control. 
  • Visibility on social media: Videos of these crashes go viral, leading to a perception that Mustangs are inherently more dangerous than other cars. 
  • Car design: Historically, some models had a solid rear axle, which could make them more challenging to handle than cars with independent suspension, although the issue is not limited to any one generation. 

This video discusses the reputation of the Mustang as a crowd killer: 1mCrewZ NatioNYouTube · Jul 9, 2024
Misconceptions
  • The issue is not limited to one model: While newer S550 generation Mustangs are frequently featured in videos, this issue spans many generations of the car. 
  • It is the driver, not the car: The problem is largely due to driver error and a lack of skill, not the car's design itself. 
  • Lack of official statistics: There is no readily available, official data that definitively proves Mustangs crash into crowds more often than other similar cars. 



Which Mustang to stay away from?


You should avoid the Mustang II (1974–1978) and certain model years in later generations, such as the 2006 and 2010 for their numerous and significant issues, and 2015–2016 for various problems and recalls. Additionally, 1996 and 1999–2001 models are often cited as disappointing due to a lack of performance or reliability concerns. 
Specific model years to avoid

  • 1974–1978 (Mustang II): Considered a betrayal of the Mustang name, this generation was underpowered, poorly styled, and a disappointment compared to previous models. 
  • 1996: The GT model is often cited as dull due to its engine's different torque curve compared to the 5.0-liter from previous years, with its performance not improving until 1999. 
  • 1999–2001: While a facelift occurred, these models are sometimes listed as being problematic. 
  • 2006: This is the most frequently cited problematic model year, with a high number of complaints regarding paint issues, electrical problems, and transmission failures. 
  • 2010: This year is specifically highlighted for rust and corrosion problems, along with poor handling. 
  • 2015–2016: These years had a high number of complaints and recalls for issues such as transmission problems, body panel alignment, and various recalls for safety-related components like fuel lines and airbags. 
  • 2012: This year is also flagged for potential engine problems, particularly with its 3.7-liter V6. 

General reasons to avoid certain models
  • Styling: Some models, like the Mustang II, are widely considered to have poor styling. 
  • Performance: Models like the 1996 GT are seen as underperforming, lacking the "soul" of earlier models. 
  • Reliability: Certain years, especially 2006 and 2010, have a high number of reported issues, including paint, electrical, and engine problems. 
  • Recalls: Several modern years, including 2015, 2016, and 2018, experienced numerous recalls for various issues. 



What is the most desirable Mustang?


There's no single answer to what makes the best classic Mustang—it all depends on your goals.

  • For pure investment: The 1969 Boss 429 and 1967 Shelby GT500 are hard to beat.
  • For daily enjoyment and future growth: The 1965–66 Fastback or a properly restored Mach 1 offers a great blend of accessibility and style.


Kevin's Auto

Kevin Bennett

Company Owner

Kevin Bennet is the founder and owner of Kevin's Autos, a leading automotive service provider in Australia. With a deep commitment to customer satisfaction and years of industry expertise, Kevin uses his blog to answer the most common questions posed by his customers. From maintenance tips to troubleshooting advice, Kevin's articles are designed to empower drivers with the knowledge they need to keep their vehicles running smoothly and safely.