Misallocation

1989 Ford Mustang Convertible

Sold at Mecum Auctions on Oct. 31, 2025, offered with no reserve.

$29,150Confirmed

The price as reported by the house. Hammer price $26,500, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1989
Make and model
Ford Mustang
Generation
Mustang Fox body
Version
Mustang (Fox body)
Gearbox
Automatic
VIN
1FABP45E0KF270576
Condition
Good (3)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

Above the middle half of 14 comparable sales, 38% 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
1989 Ford Mustang ConvertibleMecum, May 13, 2025MecumMay 13, 2025$1,750
1990 FORD MUSTANG CONVERTIBLEBarrett-Jackson, Jan. 22, 2025Barrett-JacksonJan. 22, 2025$20,000
1988 FORD MUSTANG CONVERTIBLEBarrett-Jackson, Jan. 21, 2026Barrett-JacksonJan. 21, 2026$26,000
1990 Ford Mustang CoupeMecum, Jan. 8, 2026MecumJan. 8, 2026$22,000
1988 Ford Mustang ConvertibleMecum, Oct. 29, 2025MecumOct. 29, 2025$13,000
1991 FORD MUSTANG CONVERTIBLEBarrett-Jackson, Jan. 22, 2025Barrett-JacksonJan. 22, 2025$6,500
1987 Ford MustangMecum, Oct. 24, 2026MecumOct. 24, 2026$7,800
1991 Ford MustangMecum, July 24, 2026MecumJuly 24, 2026$25,000

This car's historyConfirmed

Matched across sales by VIN.

DateWhat happenedWhereMilesPrice
May 13, 2021SoldBring a TrailerBring a Trailer10,000$19,005
Oct. 31, 2025Sold (this sale)MecumMecum$29,150
Jan. 15, 2026SoldMecumMecum$22,000