1978 Ford Mustang II Cobra
Sold at Mecum Auctions on May 15, 2026.
$50,600Confirmed
The price as reported by the house. Hammer price $46,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.
The car
- Year
- 1978
- Make and model
- Ford Mustang
- Generation
- Mustang II
- Version
- Mustang II
- Gearbox
- Manual
- Chassis
- 8F03F197134
- 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 12 comparable sales, 76% over its top.
Middle half of sales$13,813 to $26,125
Median$19,000
Sales behind it12Likely
From 12 sales of the Ford Mustang II in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $13,813 and $26,125. Includes results matched by make, model years and the model's name in the title, which our catalogue has not placed.
Closest sales
| Car | Auction | Date | Price |
|---|---|---|---|
| 1978 Ford Mustang II 302 5-SpeedBring a Trailer, Aug. 31, 2025 | Bring a Trailer | Aug. 31, 2025 | $11,000 |
| 1978 Ford Mustang II King CobraMecum, Sept. 24, 2026 | Mecum | Sept. 24, 2026 | $31,000 |
| Fuel-Injected 2.9L-Powered 1978 Ford Mustang II Mach 1 4-SpeedBring a Trailer, March 1, 2026 | Bring a Trailer | March 1, 2026 | $10,750 |
| 1978 Ford Mustang II King CobraMecum, Oct. 31, 2025 | Mecum | Oct. 31, 2025 | $20,000 |
| 1978 Ford Mustang II King Cobra 4-SpeedBring a Trailer, July 10, 2025 | Bring a Trailer | July 10, 2025 | $13,251 |
| 1978 Ford Mustang Cobra IIMecum, May 14, 2025 | Mecum | May 14, 2025 | $18,000 |
| 1978 Ford Mustang II King Cobra 4-SpeedBring a Trailer, May 11, 2025 | Bring a Trailer | May 11, 2025 | $16,000 |
| 1978 Ford Mustang II King CobraMecum, Jan. 8, 2025 | Mecum | Jan. 8, 2025 | $20,000 |