Misallocation

1992 Ford Mustang LX Summer Edition Convertible

Sold at Mecum Auctions on May 15, 2024, offered with no reserve.

$25,300Confirmed

The price as reported by the house. Hammer price $23,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1992
Make and model
Ford Mustang
Generation
Mustang Fox body
Version
Mustang LX 5.0
Gearbox
Automatic
VIN
1FACP44E2NF154970
Condition
Excellent (2)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

This car's full record

Against comparable sales

Inside the middle half of 167 comparable sales.

Middle half of sales$13,875 to $27,250
Median$19,000
Sales behind it167Likely

From 167 sales of the Ford Mustang LX 5.0 (Mustang Fox body) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $13,875 and $27,250.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1992 Ford Mustang LX ConvertibleMecum, Dec. 5, 2025MecumDec. 5, 2025$8,900
1992 Ford Mustang LX 5.0 ConvertibleBring a Trailer, Sept. 9, 2025Bring a TrailerSept. 9, 2025$7,200
31-Years-Family-Owned 1992 Ford Mustang Convertible LX 5.0 Summer EditionBring a Trailer, Aug. 23, 2025Bring a TrailerAug. 23, 2025$12,750
Supercharged-331-Powered 1992 Ford Mustang LX ConvertibleBring a Trailer, June 10, 2025Bring a TrailerJune 10, 2025$11,300
1992 Ford Mustang LX Summer Edition ConvertibleMecum, March 19, 2025MecumMarch 19, 2025$21,000
1992 Ford Mustang Convertible LXBring a Trailer, Feb. 7, 2025Bring a TrailerFeb. 7, 2025$3,192
1993 Ford Mustang LX 5.0 NotchbackBring a Trailer, Oct. 19, 2026Bring a TrailerOct. 19, 2026$45,250
1993 Ford Mustang LX 5.0 Convertible Feature EditionBring a Trailer, Sept. 11, 2026Bring a TrailerSept. 11, 2026$14,900

This car's historyConfirmed

Matched across sales by VIN.

DateWhat happenedWhereMilesPrice
May 15, 2024Sold (this sale)MecumMecum$25,300
March 19, 2025SoldMecumMecum$23,100