Misallocation

1990 Ford Mustang GT Convertible

Sold at Mecum Auctions on Dec. 5, 2024.

$9,900Confirmed

The price as reported by the house. Hammer price $8,900, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1990
Make and model
Ford Mustang
Generation
Mustang Fox body
Version
Mustang GT
Gearbox
Automatic
VIN
1FACP45E8LF151261
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 172 comparable sales, 43% 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
1990 FORD MUSTANG GT CONVERTIBLEBarrett-Jackson, June 25, 2026Barrett-JacksonJune 25, 2026$22,000
1990 Ford Mustang GT 5.0 ConvertibleBring a Trailer, April 1, 2026Bring a TrailerApril 1, 2026$17,750
1990 Ford Mustang GT ConvertibleMecum, Jan. 6, 2026MecumJan. 6, 2026$15,000
1990 Ford Mustang GT 5.0 Hatchback 5-SpeedBring a Trailer, Oct. 21, 2026Bring a TrailerOct. 21, 2026$27,000
29-Years-Owned 1990 Ford Mustang GT 5.0 Hatchback 5-SpeedBring a Trailer, Sept. 30, 2026Bring a TrailerSept. 30, 2026$21,000
1991 Ford Mustang GT ConvertibleMecum, Sept. 23, 2026MecumSept. 23, 2026$10,500
408-Powered 1990 Ford Mustang GT Hatchback 5-SpeedBring a Trailer, Sept. 22, 2026Bring a TrailerSept. 22, 2026$23,023
1991 Ford Mustang GT 5.0 ConvertibleBring a Trailer, Aug. 17, 2026Bring a TrailerAug. 17, 2026$22,000