Misallocation

2016 Ford Mustang GT

Sold at Mecum Auctions on April 14, 2023.

$60,500Confirmed

The price as reported by the house. Hammer price $55,000, 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 GT
Gearbox
Manual
VIN
1FA6P8CF7G5205998
Condition
Good (3)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

This car's full record

Against comparable sales

Above the middle half of 115 comparable sales, 40% over its top.

Middle half of sales$27,250 to $39,250
Median$33,066
Sales behind it115Likely

From 115 sales of the Ford Mustang GT (Mustang S550) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $27,250 and $39,250.

Closest sales

Closest comparable sales
CarAuctionDatePrice
2016 Ford Mustang GT CustomMecum, Sept. 24, 2026MecumSept. 24, 2026$31,000
2016 Ford Mustang GT Coupe PremiumCars & Bids, Sept. 15, 2026Cars & BidsSept. 15, 2026$32,000
2016 Ford Mustang GT CoupeCars & Bids, Aug. 20, 2026Cars & BidsAug. 20, 2026$21,000
2016 Ford Mustang GT Coupe PremiumCars & Bids, July 30, 2026Cars & BidsJuly 30, 2026$26,750
2016 Ford Mustang GT Premium Coupe 6-SpeedBring a Trailer, April 29, 2026Bring a TrailerApril 29, 2026$30,000
2016 FORD MUSTANG GT PETTY'S GARAGE KING PREMIER EDITION CONVERTIBLEBarrett-Jackson, April 18, 2026Barrett-JacksonApril 18, 2026$79,000
2016 Ford Mustang GT Coupe PremiumCars & Bids, Jan. 5, 2026Cars & BidsJan. 5, 2026$20,000
2016 Ford Mustang GT Premium Performance Package 6-SpeedBring a Trailer, Oct. 23, 2025Bring a TrailerOct. 23, 2025$30,500

This car's historyConfirmed

Matched across sales by VIN.

DateWhat happenedWhereMilesPrice
April 14, 2023Sold (this sale)MecumMecum$60,500
Sept. 24, 2026SoldMecumMecum$34,100