Misallocation

2006 Ford Mustang GT Convertible

Sold at Mecum Auctions on May 9, 2025.

$12,650Confirmed

The price as reported by the house. Hammer price $11,500, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
2006
Make and model
Ford Mustang
Generation
Mustang S197
Version
Mustang GT
Gearbox
Automatic
VIN
1ZVHT85H965114000
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 230 comparable sales, 30% under its bottom.

Middle half of sales$14,925 to $26,725
Median$19,000
Sales behind it230Likely

From 230 sales of the Ford Mustang GT (Mustang S197) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $14,925 and $26,725.

Closest sales

Closest comparable sales
CarAuctionDatePrice
2006 Ford Mustang GT ConvertibleBring a Trailer, Sept. 5, 2026Bring a TrailerSept. 5, 2026$17,750
2006 Ford Mustang GT Coupe PremiumCars & Bids, Aug. 31, 2026Cars & BidsAug. 31, 2026$21,000
2006 Ford Mustang GT Premium CoupeCars & Bids, July 23, 2026Cars & BidsJuly 23, 2026$8,200
2006 Ford Mustang GT Deluxe CoupeCars & Bids, June 19, 2026Cars & BidsJune 19, 2026$6,500
Original-Owner 2006 Ford Mustang GT Premium ConvertibleBring a Trailer, June 6, 2026Bring a TrailerJune 6, 2026$14,000
Original-Owner 2006 Ford Mustang GT ConvertibleBring a Trailer, May 23, 2026Bring a TrailerMay 23, 2026$14,755
Supercharged 2006 Ford Mustang GT ConvertibleBring a Trailer, Feb. 27, 2026Bring a TrailerFeb. 27, 2026$12,750
2006 Ford Mustang GT Coupe PremiumCars & Bids, Dec. 12, 2025Cars & BidsDec. 12, 2025$13,000