Misallocation

29-Years-Owned 1989 Ford Mustang GT 5.0 Convertible

Sold at Bring a Trailer on March 25, 2026, offered with no reserve.

$11,500Confirmed

The price as reported by the house. Read from the house's results Oct. 25, 2026.

The car

Year
1989
Make and model
Ford Mustang
Generation
Mustang Fox body
Version
Mustang GT
VIN
1FABP45E2KF276847
Condition
Fair (4)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 172 comparable sales, 11% under its bottom.

Middle half of sales$12,738 to $26,625
Median$18,000
Sales behind it172Likely

From 172 sales of the Ford Mustang GT (Mustang Fox body) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $12,738 and $26,625.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1989 Ford Mustang GT 5.0 Hatchback 5-SpeedBring a Trailer, Oct. 7, 2026Bring a TrailerOct. 7, 2026$21,250
1989 Ford Mustang GT Convertible 5-SpeedBring a Trailer, Aug. 25, 2026Bring a TrailerAug. 25, 2026$4,900
1989 Ford Mustang GT 5.0 Hatchback 5-SpeedBring a Trailer, Aug. 5, 2026Bring a TrailerAug. 5, 2026$26,000
Original-Owner 1989 Ford Mustang GT 5.0 Hatchback 5-SpeedBring a Trailer, Aug. 1, 2026Bring a TrailerAug. 1, 2026$29,000
36-Years-Owned 1989 Ford Mustang GT 5.0 Convertible 5-SpeedBring a Trailer, July 3, 2026Bring a TrailerJuly 3, 2026$27,000
1989 Ford Mustang GT Hatchback 5-SpeedBring a Trailer, June 25, 2026Bring a TrailerJune 25, 2026$36,500
1989 Ford Mustang GT 5.0 Hatchback 5-SpeedBring a Trailer, May 27, 2026Bring a TrailerMay 27, 2026$23,000
1989 Ford Mustang GT 5.0 Hatchback 5-SpeedBring a Trailer, May 26, 2026Bring a TrailerMay 26, 2026$32,000