2011 Ford Shelby GT500 Convertible

Base MSRP: $53,645
Reviewed
February 2011
2011 Ford Shelby GT500 Convertible

Ultimate muscle convertible has eye-popping power, balanced handling

Pros
  • Out-of-this-world supercharged V8
  • Track-ready performance
  • Retro design
  • Excellent braking
  • Ford's optional Sync system
Cons
  • Choppy ride on rough roads
  • Cramped rear seats
  • No telescoping steering wheel

The 2011 Ford Shelby GT500 (Base MSRP: $53,645) convertible is the ultimate open-topped Ford Mustang. Like the 2011 Ford Mustang Convertible (Base MSRP: $27,145 to $37,845), the GT500 receives a variety of upgrades that make the entire package much improved over the previous model year when it was given an extensive redesign.

It's expensive for a muscle car, but the Shelby GT500 convertible delivers extremely high performance for that price. The Detroit News encapsulates this in saying that there's "a thrill, a sense of danger and an exhilaration that so few others even come close to offering." The closest competitor is the 2011 Chevrolet Corvette convertible (Base MSRP: $53,600 to $58,600), which at the same price also has bold American style and high levels of performance.

Changes for 2011 deliver significant improvements in the driving experience thanks to a new optional performance package, a lighter and more fuel-efficient engine, and extra chassis reinforcement for the convertible.

The new-for-2011 aluminum-block 5.4-liter V8 replaces the older iron-block version, reducing weight by more than 100 pounds while delivering 550 horsepower and 510 pound-feet of torque on premium fuel. As the cherry on top, fuel efficiency increases as well, and the car is no longer subject to the gas-guzzler tax. Environmental Protection Agency-estimated fuel economy is 15 mpg city/23 mpg highway/17 mpg combined with the only available transmission, a six-speed manual with "a positive, if somewhat notchy, action" according to Car and Driver. The new V8 is the centerpiece of the convertible GT500, and experts can't say enough good things. BusinessWeek.com says the supercharged Shelby GT500 "has one of the most appealing exhaust notes of any car in existence" and Cars.com adores the "rich interlude of growling, hissing and other certifiably bitchin' noises."

The raucous soundtrack isn't all though, as the V8 and GT500 suspension tuning deliver stunning performance. Automobile Magazine's reviewer states that "power is predictably awesome" and some reviewers may consider even that to be an understatement. The Detroit News says "the GT500's hard acceleration can sprinkle a little salt even in a preacher's sermon."

Due to the engine's lower weight, all experts say that the 2011 GT500 convertible has greatly improved handling and better balance. The newest Shelby GT500 convertible "is now planted and confidence inspiring" according to Wes Siler from Jalopnik.com. He goes on to say that cowl shake has been reduced this year thanks to chassis stiffening, and other reviewers agree that it's been minimized. Braking performance is stellar as in the 2010 model, and grip remains prodigious.

Ride quality is harsher in the GT500 as opposed to its cheaper Ford Mustang siblings. There's no mistaking this car for a performance machine as hard bumps and rough road surfaces can mire the ride quality, causing choppiness. Some reviewers say that it still has a moderately comfortable ride; Autoblog.com describes it as "a supple stiffness that remains comfortable." The new optional SVT performance package reduces any remaining comfort in the ride by introducing more aggressive suspension calibrations as well as new large front and rear wheels with aggressively treaded tires. The verdict on the SVT package is mixed. Some reviewers say that it is in keeping with the GT500 convertible's reason for being, and others say that it just makes the ride too harsh in real-world conditions.

Electric steering replaces the hydraulic-steering system found in last year's model, and most enthusiasts rejoice, saying it doesn't sap away feel or feedback. Some experts go so far as to say the electric steering is indistinguishable from its hydraulic counterpart. Edmunds.com editors say the new steering provides "a true sense of what's going on at the tire/road interface," and they go on to call it "as surprising as it is refreshing." A few attenuate this assessment by saying that while very good, it could stand to give the driver more feedback. Edmunds.com also laments that the steering column tilts but does not telescope.

Styling gets mostly high marks. The exterior is bold, over-the-top, aggressive and retro-inspired, and the overall look is sinister and attractive. The 2011 Ford Shelby GT500 convertible shares most of what's on the inside with other Mustangs, save for the Shelby's bolstered leather seats and some special trim pieces. Most reviewers find the interior to be a high-quality affair, but a few feel that it should be nicer given the GT500's lofty base price compared to similarly appointed lower-trim Ford Mustangs. Those few reviewers that sample the convertible specifically lodge no complaints about the well-constructed power soft top. Maximum luggage capacity is just 9.6 cubic feet. 

The 2011 Shelby GT500 convertible's standard features include 19-inch wheels, leather seats, xenon headlights, Brembo brakes and an eight-speaker CD audio system with satellite radio functionality. An optional Electronics package adds navigation, an upgraded stereo, dual-zone climate control and HD Radio. The GT500 convertible comes standard with Ford's Sync system that responds to voice commands, integrates mobile phones and controls features like the optional navigation and audio. Reviewers like Sync and find its controls easy to navigate. Also new for 2011 is Ford's MyKey feature which allows users to preprogram limitations like a preset top speed and audio volume for certain physical keys -- a useful feature if you plan on handing your GT500 over to your eager teenager.

Standard safety equipment includes front airbags, front side airbags, stability control, traction control and antilock brakes. Since the GT500 convertible is a variant of the 2011 Ford Mustang convertible with the same standard safety features, the more pedestrian Mustang's safety ratings should give a very strong idea of the GT500's safety performance. The National Highway Traffic Safety Administration gives the 2011 Mustang convertible its highest 5-star rating for front impacts for both the driver and passenger, and again for side impacts for the rear passengers. In NHTSA's test, officials note that it was possible for rear passengers to hit their heads against the convertible roof's linkage mechanism, thus increasing the likelihood of head injuries. The Insurance Institute for Highway Safety also tested the 2011 Mustang convertible, and gives it its highest rating of "Good" for front-, side- and rear-impact protection. Note, however, that the Shelby GT500 convertible has not been specifically tested by either organization.

The 2011 Ford Shelby GT500 convertible is markedly improved this year. Edmunds.com explains that "numbers can't convey what an absolute thrill it is to tear off a big greasy burnout in the GT500 or pitch the car into a raucous powerslide." While many experts point out that buyers could save about $15,000 by opting for the impressive 5-liter V8 in the Mustang GT convertible, the GT500 convertible has little in the way of direct competition. After all, features "such as iconic design and spine-compressing performance, just never go out of style" as Edmunds.com puts it.

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Our Sources

1. Edmunds.com

Edmunds.com's review covers both the coupe and convertible GT500 variants. The supercharged V8 is definitely a highlight for the editors, as are the bold retro looks, powerful brakes and performance-to-dollar ratio. The lack of a telescoping steering wheel is lamented, but the editors have little else to complain about.

Review: 2011 Ford Shelby GT500 Review, Editors of Edmunds.com

2. Edmunds.com

As opposed to Edmunds.com's model overview, this test drive takes a more in-depth look at performance and the experience from behind the wheel. Associate Editor Mark Takahashi is in love with the raw fun that the V8 and track-ready suspension create. He also likes Ford's new electric power steering, calling it "precise, with adequate levels of feedback." The optional suspension greatly reduces ride comfort.

Review: 2011 Ford Shelby GT500 Road Test, Mark Takahashi

3. FuelEconomy.gov

This government website has EPA fuel-economy ratings for all cars sold in the US. The 2011 Ford Shelby GT500 convertible is rated at 15 mpg city/23 mpg highway/17 mpg combined. The only transmission available is a six-speed manual.

Review: 2011 Convertibles, Editors of FuelEconomy.gov

4. SaferCar.gov

The GT500 convertible isn't tested specifically, but the structurally similar 2010 Mustang convertible is. It receives the highest 5-star rating for driver and passenger protection in frontal impacts and for side impacts for rear passengers. During the side-impact test however, the left rear passenger dummy struck the convertible roof linkage mechanism, which testers note could increase the likelihood of head injuries for that passenger.

Review: 5-Star Safety Ratings, Editors of SaferCar.gov

5. Insurance Institute for Highway Safety

There are no specific results for the GT500 convertible, but the Insurance Institute for Highway Safety gives the structurally similar 2011 Mustang convertible the highest possible rating of "Good" for frontal-, side- and rear-impact protection. This makes it one of the safest convertibles available for sale in the U.S.

Review: Midsize Convertibles, Editors of the Insurance Institute for Highway Safety

6. The Detroit News

This is one of the few reviews of the GT500 convertible available at the time of this writing. Scott Burgess is amazed at the power this car produces, likening the whole experience to a roller-coaster thrill without the ride up to the top of the first drop. The steering is praised for good feedback and an ideal weighting. The reviewer makes no mention of any sacrifices in transition to the drop-top version.

Review: Shelby GT500 Delivers Breathtaking Performance with a Touch of Danger, Scott Burgess

7. AutoWeek

Roger Hart sets the tone of this short-take review from driver's logs by declaring the 2011 GT500 convertible to be "truly one of the best cars Ford has produced." Hart is excited by the lack of perceptible cowl shake considering the car's big weight and even bigger power. Meanwhile, Bob Gritzinger describes the GT500 as advanced and ultimately aimed at a small niche. He has no doubts that niche will be pleased, though.

Review: 2011 Ford Mustang Shelby GT500 Convertible, an AW Drivers Log, Roger Hart and Bob Gritzinger, July 2, 2010

8. Jalopnik.com

Handling in the 2011 Ford Shelby GT500 convertible is described as "planted and confidence inspiring" when directly compared to the less assertive 2010 model. The added stiffness to the 2011 convertible's chassis makes a world of difference, according to Wes Siler. The Mustang GT is seen as the better value, but the allure of the GT500 convertible with the performance package is great.

Review: 2011 Shelby GT500: First Drive, Wes Siler, May 27, 2010

9. Automobile Magazine

This review of the 2011 Shelby GT500 coupe notes the better balance due to the engine's drop in weight, as other reviewers have experienced. Eric Tingwall discusses the small yet significant changes to the 2011 model year. The road-test impression section is fairly short.

Review: Reviews: First Drive: 2011 Ford Shelby GT500, Eric Tingwall, May 26, 2010

10. Car and Driver

This reviewer says the 2011 GT500 coupe, similar mechanically to the convertible, gets everything right where the previous version never quite could: the engine is more powerful yet lighter, and balance is subsequently improved. Mark Gillies points out that this engine is a close descendent of the GT, Ford's recent supercar effort. All of the changes make a significant improvement in his eyes, but saving the money and going for the cheaper Mustang GT will leave most quite happy in his estimation.

Review: 2011 Ford Mustang Shelby GT500 -- Road Test, Mark Gillies, May 2010

11. InsideLine.com

The GT500 "over-delivers" on performance with monstrous power, large brakes and glorious sound unlike anything else on the road, according to this reviewer. The tested coupe version is lavished with praise similar to other reviews, citing the wonderful engine and impressive electric-steering unit. Forgoing the SVT package is seen as a good move if comfort is at all a concern.

Review: 2011 Ford Shelby GT500 Full Test, Josh Jacquot, Aug. 30, 2010

12. Cars.com

The 2011 GT500 tested here is the coupe, which receives the same upgrades as the convertible. Kelsey Mays appreciates the level of technology available in such a performance-oriented car where it would be easy to ignore this type of thing. Ford's excellent Sync system and dual-zone climate control, for instance. The reviewer ends by saying that the Mustang GT is plenty powerful and that it may be the better choice given the price disparity.

Review: 2011 Ford Mustang, Kelsey Mays, July 23, 2010

13. Autoblog.com

The coupe version of the 2011 GT500 here is "so good we don't even want to associate the word 'Mustang' with it anymore," as the name conjures up the image of a less refined car according to the reviewer. He counters the notion that buying the Mustang GT and spending the saved money on modifications is a good idea by pointing out that the GT500 was painstakingly tuned to be cohesive and that it has factory durability and a warranty to boot.

Review: First Drive: 2011 Ford Shelby GT500 is a Heart-Starting Jolt, Jonathon Ramsey, May 27, 2010

14. Business Week

Again, as with most currently available reviews, this test driver samples the coupe version. The reviewer calls the 2011 model "the best GT500 ever." Interestingly, the opinion here is that the SVT performance package is a must; Thane Peterson says it is essential for this kind of track-bred car. Interior quality is noted as a downside to an otherwise impressive package.

Review: Review: 2011 Ford Shelby GT 500, Thane Peterson, Aug. 24, 2010

15. Road & Track

All the changes for the 2011 GT500 coupe make for a "far more serious track car" as estimated by this reviewer. The ride is firm but short of "gut-busting" and is deemed "wholly appropriate for the car." Electric steering can't be differentiated from the previous hydraulic unit -- and this is a big compliment since electric steering typically compromises feel.

Review: 2011 Ford Shelby GT500 -- Driving Impressions, Douglas Kott, May 27, 2010

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