Misallocation

1978 FORD MUSTANG CUSTOM COUPE 'THE STALLION'

Sold at Barrett-Jackson on Jan. 25, 2024, offered with no reserve.

$16,500Confirmed

The price as reported by the house. Hammer price $15,000, before the buyer's premium. Read from the house's results Nov. 2, 2026.

The car

Year
1978
Make and model
Ford Mustang
Generation
Mustang II
Gearbox
Automatic
Chassis
8F03Z180492
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

Inside the middle half of 16 comparable sales.

Middle half of sales$12,688 to $27,625
Median$19,000
Sales behind it16Likely

From 16 sales of the Ford Mustang II in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $12,688 and $27,625.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1978 Ford Mustang II Cobra IIBring a Trailer, July 3, 2026Bring a TrailerJuly 3, 2026$26,000
1978 Ford Mustang II King CobraMecum, Sept. 24, 2026MecumSept. 24, 2026$31,000
1978 Ford Mustang II King Cobra 4-SpeedBring a Trailer, July 16, 2026Bring a TrailerJuly 16, 2026$35,000
1978 Ford Mustang II CobraMecum, May 15, 2026MecumMay 15, 2026$46,000
Eleanor-Style 1978 Ford Mustang II King Cobra 5-SpeedBring a Trailer, May 15, 2026Bring a TrailerMay 15, 2026$26,500
Fuel-Injected 2.9L-Powered 1978 Ford Mustang II Mach 1 4-SpeedBring a Trailer, March 1, 2026Bring a TrailerMarch 1, 2026$10,750
1978 Ford Mustang II King CobraMecum, Oct. 31, 2025MecumOct. 31, 2025$20,000
1978 Ford Mustang II 302 5-SpeedBring a Trailer, Aug. 31, 2025Bring a TrailerAug. 31, 2025$11,000