It only has the 351 and I'm not a huge Mustang guy. (had A Camaro and Z28 as a teen) Fast forward a gazilion years. The gt350 is a god amongst mortals that lured me in. I probably wouldn't own any other newer Mustangs and that includes the 500. But, i do love me some old muscle cars. My son really wants this car from his Uncle, so i'll probably buy it and hold on to it until he can afford it.