2007 Ford Mustang
Fifth generation · S197 2005–2014
The S197, whose retro styling revived 1960s-fastback cues, produced 2005–2014.
The 2007 model year
Overview
The Shelby GT500 returned — the first factory Shelby Mustang since 1970 and the first SVT-built GT500. Its supercharged-and-intercooled 5.4 DOHC V8 made 500 hp and 480 lb-ft, putting the S197 firmly back into supercar-baiting territory. The base 4.0 V6 (210 hp) and 4.6 3-valve GT (300 hp) carried over.
Specifications
- Engines
-
- 4.0 Cologne V6 210 hp
- 4.6 3-valve SOHC V8 (GT) 300 hp
- 5.4 supercharged DOHC V8 (Shelby GT500) 500 hp
- Transmissions
- 5-speed manual (V6 / GT), 5-speed automatic (5R55S), Tremec TR6060 6-speed manual (GT500)
- Body styles
- Coupe, Convertible
- Base price
- $19,250 (V6 Deluxe coupe) ≈$29,100 today (inflation-adjusted) Original MSRP adjusted for inflation (CPI, 2024); not the car's current market/collector value. Source: U.S. Bureau of Labor Statistics, CPI-U (U.S. city average, all items), annual average.
- Production
- 134,626 (U.S. build)
Year over year
What changed
- Shelby GT500 introduced — supercharged 5.4 DOHC V8, 500 hp / 480 lb-ft, built by Ford SVT.
- GT500 used a Tremec TR6060 6-speed manual and a 3.31:1 rear axle.
- GT/CS California Special package returned as a 2007 GT appearance option.
Living with it
Reliability & ownership notes
- The GT500's iron-block 5.4 is heavy over the nose and runs hot under boost — cooling upgrades are a common owner addition; the factory tune is conservative.
- 3-valve GT carries over the cam-phaser and spark-plug service notes from earlier years.
Worth knowing
Notable
- First factory Shelby GT500 of the modern era — a halo car for the generation.
- GT/CS California Special revived a 1968 nameplate.
Famous variants this year
Sources
Other Fifth generation years
Explore the S197 generation → All Fifth generation · S197 years →