Misallocation

1987 Ford Mustang GT

Sold at Mecum Auctions on Sept. 26, 2026, offered with no reserve.

$44,000Confirmed

The price as reported by the house. Hammer price $40,000, before the buyer's premium. Read from the house's results Oct. 15, 2026.

The car

Year
1987
Make and model
Ford Mustang
Generation
Mustang Fox body
Version
Mustang GT
Gearbox
Manual
VIN
1FABP42E9HF136825
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

Above the middle half of 172 comparable sales, 51% over its top.

Middle half of sales$12,650 to $26,500
Median$17,875
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 $12,650 and $26,500.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1987 Ford Mustang GT ConvertibleMecum, Oct. 24, 2026MecumOct. 24, 2026$10,000
1987 Ford Mustang GT 5.0 Convertible 5-SpeedBring a Trailer, Sept. 24, 2026Bring a TrailerSept. 24, 2026$14,027
1987 Ford Mustang GT 5.0 Hatchback 5-SpeedBring a Trailer, June 15, 2026Bring a TrailerJune 15, 2026$32,000
1987 Ford Mustang GT 5.0 Hatchback 5-SpeedBring a Trailer, May 13, 2026Bring a TrailerMay 13, 2026$16,000
1987 Ford Mustang GT 5.0 Convertible 5-SpeedBring a Trailer, April 6, 2026Bring a TrailerApril 6, 2026$29,000
1987 Ford Mustang GT ConvertibleMecum, Oct. 4, 2025MecumOct. 4, 2025$17,000
1987 Ford Mustang GT ConvertibleMecum, July 10, 2025MecumJuly 10, 2025$25,000
1987 Ford Mustang GT ConvertibleMecum, May 16, 2025MecumMay 16, 2025$45,000