Misallocation

1966 Ford Mustang GT K-Code Fastback

Sold at Mecum Auctions on May 16, 2026.

$101,200Confirmed

The price as reported by the house. Hammer price $92,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1966
Make and model
Ford Mustang
Generation
Mustang first generation
Version
Mustang K-Code
Gearbox
Manual
Chassis
6F09K377685
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 87 comparable sales, 31% over its top.

Middle half of sales$37,950 to $70,000
Median$49,000
Sales behind it87Likely

From 87 sales of the Ford Mustang K-Code (Mustang first generation) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $37,950 and $70,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
Single-Family-Owned 1966 Ford Mustang Fastback 289 3-SpeedBring a Trailer, Nov. 9, 2026Bring a TrailerNov. 9, 2026$46,000
Sapphire Blue 1966 Ford Mustang Fastback GT A-Code 4-SpeedBring a Trailer, Nov. 3, 2026Bring a TrailerNov. 3, 2026$51,500
1966 Ford Mustang GT Convertible A-Code 289 3-SpeedBring a Trailer, Sept. 28, 2026Bring a TrailerSept. 28, 2026$38,500
1966 Ford Mustang GT K-Code FastbackMecum, July 25, 2026MecumJuly 25, 2026$58,000
1966 Ford Mustang GT Fastback K-Code 4-SpeedBring a Trailer, May 3, 2026Bring a TrailerMay 3, 2026$73,000
1966 FORD MUSTANG K-CODE FASTBACKBarrett-Jackson, Jan. 22, 2026Barrett-JacksonJan. 22, 2026$58,000
28-Years-Owned 1966 Ford Mustang GT Coupe A-Code 289 4-SpeedBring a Trailer, Dec. 12, 2025Bring a TrailerDec. 12, 2025$27,000
1966 Ford Mustang Fastback A-Code 5-SpeedBring a Trailer, May 15, 2025Bring a TrailerMay 15, 2025$45,750