Misallocation

2016 Ford Mustang Convertible

Sold at Mecum Auctions on May 11, 2024.

$20,900Confirmed

The price as reported by the house. Hammer price $19,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
2016
Make and model
Ford Mustang
Generation
Mustang S550
Version
Mustang EcoBoost
Gearbox
Automatic
VIN
1FATP8UH2G5321029
Owners
1Likely
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

Inside the middle half of 17 comparable sales.

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

From 17 sales of the Ford Mustang EcoBoost or Mustang V6 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
2015 Ford MustangMecum, April 4, 2025MecumApril 4, 2025$10,000
2017 Ford Mustang ConvertibleMecum, Dec. 6, 2024MecumDec. 6, 2024$15,000
2015 Ford MustangMecum, April 9, 2026MecumApril 9, 2026$13,000
2019 Ford Mustang ConvertibleMecum, June 6, 2025MecumJune 6, 2025$35,000
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