Misallocation

1997 Mercury Cougar XR7 30th Anniversary Edition

Sold at Mecum Auctions on Jan. 7, 2024.

$22,000Confirmed

The price as reported by the house. Hammer price $20,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1997
Make and model
Mercury Cougar
Generation
Cougar (1974 to 1997)
Gearbox
Automatic
VIN
1MELM62WXVH615619
Condition
Excellent (2)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

Against comparable sales

Above the middle half of 17 comparable sales, 82% over its top.

Middle half of sales$5,500 to $11,000
Median$7,500
Sales behind it17Likely

From 17 sales of the Mercury Cougar (1974 to 1997) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $5,500 and $11,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1997 Mercury Cougar XR7Bring a Trailer, March 4, 2026Bring a TrailerMarch 4, 2026$6,750
1997 Mercury Cougar XR-7 30th AnniversaryMecum, July 23, 2025MecumJuly 23, 2025$2,850
1994 Mercury Cougar XR7Bring a Trailer, Feb. 21, 2025Bring a TrailerFeb. 21, 2025$7,500
1989 Mercury Cougar XR-7Bring a Trailer, Dec. 26, 2025Bring a TrailerDec. 26, 2025$7,557
1989 Mercury Cougar XR-7Bring a Trailer, Oct. 17, 2025Bring a TrailerOct. 17, 2025$5,650
1989 Mercury Cougar XR-7Bring a Trailer, Sept. 17, 2025Bring a TrailerSept. 17, 2025$5,500
1989 Mercury Cougar XR-7Bring a Trailer, Aug. 15, 2025Bring a TrailerAug. 15, 2025$4,405
1986 Mercury Cougar GSMecum, Dec. 4, 2025MecumDec. 4, 2025$3,400