Misallocation

1989 Ford Mustang GT Convertible

Sold at Mecum Auctions on Jan. 15, 2026, offered with no reserve.

$22,000Confirmed

The price as reported by the house. Hammer price $20,000, 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 GT
Gearbox
Automatic
VIN
1FABP45E0KF270576
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 172 comparable sales.

Middle half of sales$12,650 to $26,625
Median$17,875
Sales behind it172Likely

From 172 sales of the Ford Mustang GT (Mustang Fox body) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $12,650 and $26,625.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1989 Ford Mustang GT 5.0 ConvertibleBring a Trailer, May 13, 2026Bring a TrailerMay 13, 2026$15,750
1989 Ford Mustang GT 5.0 ConvertibleBring a Trailer, Dec. 4, 2025Bring a TrailerDec. 4, 2025$12,000
1989 Ford Mustang GT ConvertibleCars & Bids, March 21, 2025Cars & BidsMarch 21, 2025$12,700
1989 Ford Mustang GT 5.0Bring a Trailer, Jan. 20, 2025Bring a TrailerJan. 20, 2025$52,500
1989 Ford Mustang GT 5.0 Hatchback 5-SpeedBring a Trailer, Oct. 7, 2026Bring a TrailerOct. 7, 2026$21,250
1989 Ford Mustang GT Convertible 5-SpeedBring a Trailer, Aug. 25, 2026Bring a TrailerAug. 25, 2026$4,900
1989 Ford Mustang GT 5.0 Hatchback 5-SpeedBring a Trailer, Aug. 5, 2026Bring a TrailerAug. 5, 2026$26,000
Original-Owner 1989 Ford Mustang GT 5.0 Hatchback 5-SpeedBring a Trailer, Aug. 1, 2026Bring a TrailerAug. 1, 2026$29,000

This car's historyConfirmed

Matched across sales by VIN.

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