Misallocation

1986 Ford Mustang GT

Sold at Mecum Auctions on Jan. 15, 2025, offered with no reserve.

$49,500Confirmed

The price as reported by the house. Hammer price $45,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1986
Make and model
Ford Mustang
Generation
Mustang Fox body
Version
Mustang GT
Gearbox
Manual
VIN
1FABP28M0GF294620
Condition
Excellent (2)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, 70% 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
Original-Owner 1986 Ford Mustang GT Convertible 5-SpeedBring a Trailer, Feb. 16, 2026Bring a TrailerFeb. 16, 2026$10,000
1986 Ford Mustang GT ConvertibleMecum, Jan. 9, 2026MecumJan. 9, 2026$20,000
1986 Ford Mustang GT 5.0 Convertible 5-SpeedBring a Trailer, Nov. 4, 2025Bring a TrailerNov. 4, 2025$13,286
1986 Ford Mustang GT ConvertibleMecum, Oct. 3, 2025MecumOct. 3, 2025$2,850
One-Family-Owned 1986 Ford Mustang GT Convertible 5-SpeedBring a Trailer, Sept. 16, 2025Bring a TrailerSept. 16, 2025$16,250
1986 Ford Mustang GTMecum, July 11, 2025MecumJuly 11, 2025$17,500
1986 Ford Mustang GT ConvertibleMecum, Jan. 9, 2025MecumJan. 9, 2025$14,000
1986 Ford Mustang GTMecum, Dec. 7, 2024MecumDec. 7, 2024$14,000