Misallocation

1997 Ford Mustang SVT Cobra Convertible

Sold at Mecum Auctions on April 3, 2025, offered with no reserve.

$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
1997
Make and model
Ford Mustang
Generation
Mustang SN95
Version
Mustang SVT Cobra
Gearbox
Manual
VIN
1FALP46V6VF174460
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, 77% 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
Supercharged 1997 Ford Mustang SVT Cobra Coupe 6-Speed ProjectBring a Trailer, Oct. 9, 2026Bring a TrailerOct. 9, 2026$12,500
1997 Ford Mustang SVT Cobra CoupeCars & Bids, Oct. 5, 2026Cars & BidsOct. 5, 2026$13,050
1997 Ford Mustang SVT Cobra CoupeBring a Trailer, Oct. 3, 2026Bring a TrailerOct. 3, 2026$8,200
1997 Ford Mustang SVT Cobra CoupeBring a Trailer, Oct. 1, 2026Bring a TrailerOct. 1, 2026$23,750
1997 Ford Mustang Cobra SCCA Trans-Am Road Race CarMecum, Sept. 26, 2026MecumSept. 26, 2026$750,000
Supercharged, 24k-Mile 1997 Ford Mustang SVT Cobra ConvertibleBring a Trailer, Sept. 21, 2026Bring a TrailerSept. 21, 2026$29,000
Original-Owner, 17k-Mile 1997 Ford Mustang SVT Cobra CoupeBring a Trailer, Sept. 19, 2026Bring a TrailerSept. 19, 2026$19,250
Original-Owner 1997 Ford Mustang SVT Cobra ConvertibleBring a Trailer, Aug. 23, 2026Bring a TrailerAug. 23, 2026$15,500