Misallocation

2018 Ford Mustang Premium Convertible

Sold at Mecum Auctions on Oct. 3, 2024.

$13,200Confirmed

The price as reported by the house. Hammer price $12,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
2018
Make and model
Ford Mustang
Generation
Mustang S550
Version
Mustang EcoBoost
Gearbox
Automatic
VIN
1FATP8UH8J5115138
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 17 comparable sales, 25% under its bottom.

Middle half of sales$15,000 to $180,000
Median$120,000
Sales behind it17Likely

From 17 sales of the Ford Mustang EcoBoost (Mustang S550) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $15,000 and $180,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
2017 Ford Mustang ConvertibleMecum, Oct. 4, 2025MecumOct. 4, 2025$11,000
2019 Ford Mustang ConvertibleMecum, June 6, 2025MecumJune 6, 2025$35,000
2017 Ford Mustang ConvertibleMecum, Dec. 6, 2024MecumDec. 6, 2024$15,000
2020 Ford Mustang ConvertibleMecum, April 9, 2026MecumApril 9, 2026$33,000
2020 Ford Shelby GT500KRMecum, Jan. 15, 2026MecumJan. 15, 2026$200,000
2020 Ford Mustang Premium ConvertibleMecum, April 3, 2025MecumApril 3, 2025$14,000
2021 Ford Shelby GT500KRMecum, May 16, 2026MecumMay 16, 2026$140,000
2021 Ford Mustang Premium CoupeCars & Bids, Oct. 21, 2025Cars & BidsOct. 21, 2025$54,000