Misallocation

1989 Ford Mustang Convertible

Sold at Mecum Auctions on May 13, 2025, offered with no reserve.

$2,750Confirmed

The price as reported by the house. Hammer price $1,750, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1989
Make and model
Ford Mustang
Generation
Mustang Fox body
Version
Mustang (Fox body)
Gearbox
Automatic
VIN
1FABP44A2KF251686
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 14 comparable sales, 382% under its bottom.

Middle half of sales$8,438 to $21,500
Median$13,000
Sales behind it14Likely

From 14 sales of the Ford Mustang (Fox body) (Mustang Fox body) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $8,438 and $21,500.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1989 Ford Mustang ConvertibleMecum, Oct. 31, 2025MecumOct. 31, 2025$26,500
1990 FORD MUSTANG CONVERTIBLEBarrett-Jackson, Jan. 22, 2025Barrett-JacksonJan. 22, 2025$20,000
1988 FORD MUSTANG CONVERTIBLEBarrett-Jackson, Jan. 21, 2026Barrett-JacksonJan. 21, 2026$26,000
1990 Ford Mustang CoupeMecum, Jan. 8, 2026MecumJan. 8, 2026$22,000
1988 Ford Mustang ConvertibleMecum, Oct. 29, 2025MecumOct. 29, 2025$13,000
1991 FORD MUSTANG CONVERTIBLEBarrett-Jackson, Jan. 22, 2025Barrett-JacksonJan. 22, 2025$6,500
1987 Ford MustangMecum, Oct. 24, 2026MecumOct. 24, 2026$7,800
1991 Ford MustangMecum, July 24, 2026MecumJuly 24, 2026$25,000