Misallocation

1984 Ford Mustang GT Turbo Convertible

Sold at Mecum Auctions on Jan. 15, 2025, offered with no reserve.

$11,000Confirmed

The price as reported by the house. Hammer price $10,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1984
Make and model
Ford Mustang
Generation
Mustang Fox body
Version
Mustang GT
Gearbox
Manual
VIN
1FABP27W8EF178694
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 173 comparable sales, 27% under its bottom.

Middle half of sales$12,750 to $27,000
Median$18,000
Sales behind it173Likely

From 173 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 $12,750 and $27,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1984 Ford Mustang Turbo GT Hatchback 5-SpeedBring a Trailer, July 6, 2026Bring a TrailerJuly 6, 2026$9,500
1984 Ford Mustang GT TurboMecum, Dec. 5, 2025MecumDec. 5, 2025$6,150
1984 Ford Mustang GT Coupe 20th Anniversary EditionCars & Bids, Nov. 21, 2025Cars & BidsNov. 21, 2025$9,000
1984 Ford Mustang GT 20th Anniversary Edition Convertible 5-SpeedBring a Trailer, June 18, 2025Bring a TrailerJune 18, 2025$15,000
1984 Ford Mustang GT ConvertibleMecum, May 13, 2025MecumMay 13, 2025$9,450
1984 Ford Mustang GT 20th Anniversary Edition Convertible 5-SpeedBring a Trailer, Jan. 4, 2025Bring a TrailerJan. 4, 2025$12,500
1983 Ford Mustang GT 5.0 5-SpeedBring a Trailer, Sept. 25, 2026Bring a TrailerSept. 25, 2026$12,000
Original-Owner, 36k-Mile 1985 Ford Mustang GT Hatchback 5-SpeedBring a Trailer, Sept. 7, 2026Bring a TrailerSept. 7, 2026$26,500