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Shelby lowering price of $20k GT500KR hood after web outrage erupts

When we drove the Shelby GT500KR at Miller Motorsports Park last May, we were impressed with the steps that Ford and Shelby had taken to make its new King of the Road a special vehicle. Not only was the KR a huge improvement over the GT500 (which led to the development of the 2010 GT500), but the car featured trick items like a carbon fiber hood and lightweight wheels wrapped with R-compound tires. At that time, Shelby also proudly told us that none of the KR-specific parts would be available for sale separately to ensure that owners of lesser Mustangs could not make shadetree replicas that might compromise the KR's image. Of course, all of this exclusivity and performance came at a price: $79,995 to be exact.

$18,400 for a new hood, $3,392.50 for a front spoiler, and $632.50 for a set of hood pins Unfortunately, as one GT500KR owner has learned the hard way, replacement parts for this pony car can be surprisingly dear. After an unfortunate incident with a critter on the road resulted in a modestly damaged front end, the owner in question was shocked to learn about the high cost of his vehicle's replacement parts. And as is increasingly the way these days, he aired his displeasure on the web. That initial report has since touched off a firestorm in the online Shelby community, with the issue spreading to numerous forums and chat rooms.

So just why were these replacement parts such a contentious issue? In the main, it's a numbers thing. As in $18,400 for a new hood, $3,392.50 for a front spoiler, and even $632.50 for a set of hood pins, among other things. Further, the disgruntled owner informed a forum member that Shelby requires any damaged KR parts to be returned to their facility in Las Vegas before new replacements can be sent out.

Obviously, a bit of due diligence was needed to verify the claimed replacement pricing and parts return policy, so we got on the phone with Jim Owens, vice president of marketing and communications at Shelby to get the straight scoop.

posted : 9/13/2009 @1:53:20 AM
Radio Shack gets exclusive right to sell Mio Knight Rider GPS

The Mio Knight Rider GPS is coming soon to a store near you, as long as that retailer is a Radio Shack. The tech store and Mio struck an exclusive deal for the $279 navigation system, which features the original voice of KITT, William Daniels. We were able to try out the Knight Rider GPS when we had KITT in the Autoblog Garage, and it scored some extra novelty points while also working well as your standard, run of the mill nav system. Anyone who went for a ride in our KITT Shelby GT500KR tester was almost as interested in the talking nav system as the car itself. It's a little disappointing, however, that you can only get one at Radio Shack, though the sub-$300 price tag makes it all better.
posted : 10/3/2008 @7:16:56 PM
GT500KR underrated? 5.0 Mustang dyno tests the King of the Road

There's horsepower, and then there's dyno-tested, can't-lie-to-your-friends horsepower. If you want to know how much power a car really makes, you've got to strap it to a dyno and spin it to redline. The guys over at 5.0 Mustang & Super Fords are always eager to find the true horsepower of a car, and so when they took delivery of a GT500KR to review they headed straight to the dyno to see how much power the supercharged V8 is putting out. What they found was somewhat surprising -- the KR produced 509 horsepower and 467.7 lb.-ft. torque to the wheels. Adjusting for an estimated driveline loss of 15 percent, the actual output at the flywheel is 589.82 hp and 550.24 lb-ft torque -- nearly 50 more horsepower and 40 more lb-ft than Ford is claiming. Take that Z06!
posted : 7/17/2008 @2:02:45 PM

Markup Much? Dealer demands $155k for Shelby GT500KR

When I first gazed upon the Shelby GT500KR at a Ford event, I leaned over to fellow blogger Sam Abuelsamid and told him that dealers would try to get $100k for the limited edition road-ruling 'Stangs. Well, as it turns out it wasn't even a ballpark guess, as Lone Star Ford is looking to fetch $155k for his allotted KR on eBay. That's almost double the KR's $79,995 MSRP, but with only 1,000 special edition GT500's scheduled for this year, there is bound to be drastic markup. It is worth pointing out that the Ford GT's MSRP was roughly $155k, and for the same price you can get a BMW M3, a Mustang GT500, and one hell of a vacation.

If money means little to you and you're seriously thinking about shelling out $155k for this Shelby GT500KR, you won't find out a whole lot of information on the eBay page. Part of the reason for that is because Lone Star Ford hasn't yet taken delivery of the 540 hp Mustang that's up for auction. It also explains why the dealer has a photo of a standard GT500 sticker instead of that of the $80k KR.

posted : 5/19/2008 @10:11:36 PM
And you thought $79,995 was crazy...GT500KR for sale on ebay for $154,991.00

When Ford announced the GT500KR's based price of $79,995, many of you thought that it was pretty steep for a Mustang. Even though it's a limited edition Shelby with 540 horsepower, $80,000 can buy a lot of really nice cars. What's even more insane is that we know people will not only buy the KR, but they will pay tens of thousands of dollars over MSRP just to have one. The only question was how much dealers would try and gouge. That question has been answered. Lone Star Ford in Houston, TX has put up a red GT500KR on eBay Motors with a "Buy It Now" price of...$154,991.00. That's nearly double the MSRP. Who knows if anyone will actually buy it at that price, but going off what happened with the standard GT500, then it's quite possible.
posted : 5/5/2008 @8:13:14 PM

First Drive: 2008 Shelby GT500KR, Part 2

Our initial drive of the Shelby GT500KR on public roads revealed that Ford, SVT and Shelby had addressed many of the issues that we had with the standard GT500. The KR's revised suspension is better balanced and more capable of handling the excessive amounts of horsepower and torque that the blown 5.4L generates, and a new short-throw Hurst shifter makes changing gears a joy instead of a chore. To top it all off, a Ford Racing cold air intake, new exhaust system, and 3.73 gears give the KR an extra kick in the pants. The changes were so spot-on that we wondered why Ford didn't build the GT500 this way in the first place.

With a ride like the GT500KR, however, only so much of the car can be experienced on public roads. At 540 horsepower and 510 lb-ft torque, the KR quickly reaches posted speed limits and the car stays well under its limits around corners. Fortunately, Ford let us loose to run hot laps around Miller Motorsports Park. Follow the jump to see how the "King of the Road" fared at the track.

posted : 5/1/2008 @7:24:10 PM
First 2009 GT500KRs roll out of Shelby Automotive

We got a chance to visit Shelby Automotive out in Las Vegas a week or so ago to witness the first 2009 GT500KR going through final assembly. Although the KR was originally intended to be an '08-only model release, demand for the new King of the Road was high enough that Ford and Shelby decided to keep on rollin' for another year and plans to offer an additional 746 units for 2009. As a refresher, these beasts are powered by a 540-horsepower version of the GT500's supercharged V8. If you love special edition versions of the Mustang like this one but aren't ready yet to buy, fear not... we have a feeling that there will be many more to choose from in the coming years.
posted : 4/27/2008 @11:18:14 PM

Pair of KITTs, right to last KR sells for $300,000 at Barrett-Jackson

While we wouldn't give high ratings to the Knight Rider pilot movie on NBC, we are still fans of the star of the show, KITT. When Ford and Barrett-Jackson announced that a pair of KITTs would be sold in Palm Beach this year, we immediately went to check the balance in our savings account.

The two cars auctioned were not actually KR models, but regular GT models made to look like the KR for the movie. The "hero" KITT still has quite a few upgrades, including a Whipple supercharger system, Brembo brakes, upgraded suspension and exhaust, and an interior with props for the movie, while the "attack" mode KITT has the stock motor with an automatic transmission and a KR body kit with two-tiered spoiler.

The auction, which will donate all proceeds to the Salute to Education charity, started slowly but climbed steadily to $160,000. At that point, Mark Fields of Ford got on the microphone and announced the winning bidder would also get the rights to a single allocation of the 1576 GT500 KRs. That doesn't mean they would get the car for free but at msrp - a significant savings. With that announcement, the bidders had renewed interest and the highest bid climbed up to $240,000. However, Ford and Shelby had one more twist. The single GT500 KR allocation was not just a random KR. It would be the LAST KR produced in 2009 - #1576. At that point, the bidding turned into a fight for the last KR and the two KITT movie cars were forgotten. The final bid ended at an even $300,000, with the winner writing a check directly to charity.

posted : 3/30/2008 @4:42:39 PM
2008 Barrett Jackson 0001 Ford Shelby GT500KR features Glass Roof

The gavel will fall for a number of #0001 production vehicles this Saturday at the 2008 Barrett-Jackson Auction in Scottsdale, Arizona, including the first Corvette ZR1, Dodge Challenger and Ford Shelby GT500KR. Ford has announced a new addition to this particular Shelby GT500KR that's destined for the Barrett-Jackson stage, which we expect will add thousands of dollars to the bidding war that's guaranteed to ensue. The auction model will feature a fully glass roof, just like the new Glass Roof Mustang we showed you at the Detroit Auto Show. The giant, tinted transparent roof will let a little extra light in while keeping the UV rays out. The GT500KR's racing stripes have also been permanently etched into the glass roof so as not to break up the pair of lines that stretch from bumper to bumper.
more ...
posted : 1/19/2008 @2:21:37 PM
shelby gt500kr now rated at 550 hp
When Ford announced to the first time Shelby GT500, the powers in horses evaluating the manufacturer of cars gave delicious creation of SVT the news were 475. Like let us know we it all the good, the real estimate of the car rolled up to the top being 500, and the rest, because they indicate, is history. Rapid-towards before with April 2007 in New York and the introduction of further-Shelbyfied GT500KR, a version safety-PO of the GT500 already monstrous which extensions in the history and loans “the traditional Kr” moniker. The GT500KR was announced as by having 540 horses under its double-bailed out, pin-to close, cap carbon-compound, meaning that it would be more versed with the tires immolating than the GT500, whose talent in this department is unattackable. more ...
posted : 9/21/2007 @1:40:27 AM
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