Misallocation

1994 Ford Mustang SVT Cobra Pace Car Edition Convertible

Sold at Mecum Auctions on Oct. 29, 2025, offered with no reserve.

$8,800Confirmed

The price as reported by the house. Hammer price $7,800, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1994
Make and model
Ford Mustang
Generation
Mustang SN95
Version
Mustang SVT Cobra
Gearbox
Manual
VIN
1FALP45D8RF161384
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 178 comparable sales, 102% under its bottom.

Middle half of sales$15,750 to $30,188
Median$20,000
Sales behind it178Likely

From 178 sales of the Ford Mustang SVT Cobra (Mustang SN95) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $15,750 and $30,188.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1994 Ford Mustang SVT Cobra CoupeBring a Trailer, Aug. 26, 2026Bring a TrailerAug. 26, 2026$17,999
1994 Ford Mustang SVT Cobra CoupeCars & Bids, July 8, 2026Cars & BidsJuly 8, 2026$3,950
1994 FORD MUSTANG COBRA SVT PACE CAR CONVERTIBLEBarrett-Jackson, June 26, 2026Barrett-JacksonJune 26, 2026$17,000
1994 Ford Mustang SVT Cobra CoupeBring a Trailer, April 17, 2026Bring a TrailerApril 17, 2026$24,000
1994 FORD MUSTANG SVT COBRA INDY PACE CAR CONVERTIBLEBarrett-Jackson, April 17, 2026Barrett-JacksonApril 17, 2026$60,000
1994 Ford Mustang SVT Cobra Pace Car Edition ConvertibleMecum, Jan. 16, 2026MecumJan. 16, 2026$39,000
1994 Ford Mustang SVT Cobra Pace Car Edition ConvertibleMecum, Jan. 10, 2026MecumJan. 10, 2026$31,000
1994 Ford Mustang SVT Cobra Pace Car Edition ConvertibleMecum, Jan. 9, 2026MecumJan. 9, 2026$30,000