Misallocation

1988 FORD MUSTANG CONVERTIBLE

Sold at Barrett-Jackson on Jan. 21, 2026, offered with no reserve.

$28,600Confirmed

The price as reported by the house. Hammer price $26,000, before the buyer's premium. Read from the house's results Nov. 2, 2026.

The car

Year
1988
Make and model
Ford Mustang
Generation
Mustang Fox body
Version
Mustang (Fox body)
Gearbox
Manual
VIN
1FABP45EXJF171228
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

Above the middle half of 14 comparable sales, 35% over its top.

Middle half of sales$7,938 to $19,250
Median$12,000
Sales behind it14Likely

From 14 sales of the Ford Mustang (Fox body) (Mustang Fox body) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $7,938 and $19,250.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1988 Ford Mustang ConvertibleMecum, Oct. 29, 2025MecumOct. 29, 2025$13,000
1987 Ford MustangMecum, Oct. 24, 2026MecumOct. 24, 2026$7,800
1990 Ford Mustang CoupeMecum, Jan. 8, 2026MecumJan. 8, 2026$22,000
1989 Ford Mustang ConvertibleMecum, Oct. 31, 2025MecumOct. 31, 2025$26,500
1989 Ford Mustang ConvertibleMecum, May 13, 2025MecumMay 13, 2025$1,750
1991 Ford MustangMecum, July 24, 2026MecumJuly 24, 2026$25,000
1991 Ford Mustang Convertible 5-SpeedBring a Trailer, June 18, 2026Bring a TrailerJune 18, 2026$8,700
1986 Ford Mustang ConvertibleMecum, May 13, 2026MecumMay 13, 2026$8,350