Misallocation

2008 Ford Mustang GT Convertible

Sold at Mecum Auctions on Jan. 19, 2025, offered with no reserve.

$9,900Confirmed

The price as reported by the house. Hammer price $8,900, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
2008
Make and model
Ford Mustang
Generation
Mustang S197
Version
Mustang GT
Gearbox
Manual
VIN
1ZVHT85HX85129141
Condition
Good (3)Likely

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

Against comparable sales

Below the middle half of 230 comparable sales, 68% under its bottom.

Middle half of sales$14,925 to $26,725
Median$19,000
Sales behind it230Likely

From 230 sales of the Ford Mustang GT (Mustang S197) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $14,925 and $26,725.

Closest sales

Closest comparable sales
CarAuctionDatePrice
2008 Ford Mustang GT Premium Coupe 5-SpeedBring a Trailer, Sept. 15, 2026Bring a TrailerSept. 15, 2026$27,250
2008 Ford Mustang GT Coupe Premium 5-SpeedBring a Trailer, July 3, 2026Bring a TrailerJuly 3, 2026$11,200
2008 FORD MUSTANG GTBarrett-Jackson, June 25, 2026Barrett-JacksonJune 25, 2026$31,000
2008 Ford Mustang GT Roush Stage 1Mecum, Jan. 9, 2026MecumJan. 9, 2026$20,000
Engine Power–Built 2008 Ford Mustang GT Coupe Premium 5-SpeedBring a Trailer, Dec. 24, 2025Bring a TrailerDec. 24, 2025$18,881
2008 Ford Mustang GT Coupe Roush 428R 5-SpeedBring a Trailer, Aug. 25, 2025Bring a TrailerAug. 25, 2025$21,000
2008 Ford Mustang GT California Special CoupeBring a Trailer, Aug. 5, 2025Bring a TrailerAug. 5, 2025$22,100
2008 Ford Mustang GT Premium CoupeCars & Bids, Aug. 4, 2025Cars & BidsAug. 4, 2025$14,900