2008 Ford Mustang GT500 Shelby Cobra (Dammerman Collection)

The amazing combination of the Ford Mustang and the legend of Carroll Shelby lives on in this Shelby signed 2008 Shelby version of the Mustang. That's Shelby's signature on the passenger side windshield pillar.

This convertible in Torch Red is loaded with brute power and cockpit comfort. A Shelby premium trim package and a Shelby rear deck spoiler set this GT500 off from an everyday Mustang. The driver's seat is six way powered and includes an optional Shelby interior package. The sport bucket seats are embossed with the famous Cobra logo. The premium convertible top is in black cloth.

The supercharged 5.4-liter 32valve V8 engine delivers a staggering 500 horsepower. The engine features special components including a forged steel crankshaft, forged aluminum pistons and aluminum heads. The manual transmission is a stout Tremec 6-speed that shifts flawlessly. In keeping with all this power the GT500 features a special handling package with SVT tuned suspension, large Brembo brakes and high performance tires.

This is the ultimate Shelby GT500 that helped kick off a revival of the muscle car era

ESTIMATE: $35,000-$50,000