Misallocation

1986 Ford Mustang GT Convertible

Sold at Mecum Auctions on March 18, 2025, offered with no reserve.

$6,600Confirmed

The price as reported by the house. Hammer price $5,600, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1986
Make and model
Ford Mustang
Generation
Mustang Fox body
Version
Mustang GT
Gearbox
Automatic
VIN
1FABP27M7GF308644
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

Below the middle half of 173 comparable sales, 128% under its bottom.

Middle half of sales$12,750 to $27,000
Median$18,000
Sales behind it173Likely

From 173 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 $12,750 and $27,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1986 Ford Mustang GT 5.0 ConvertibleBring a Trailer, Aug. 7, 2025Bring a TrailerAug. 7, 2025$6,700
1986 Ford Mustang GT ConvertibleCars & Bids, July 21, 2025Cars & BidsJuly 21, 2025$7,000
1985 Ford Mustang GT ProjectBring a Trailer, Nov. 8, 2026Bring a TrailerNov. 8, 2026$7,000
1987 Ford Mustang GT 5.0 ConvertibleBring a Trailer, Oct. 21, 2026Bring a TrailerOct. 21, 2026$16,250
1986 Ford Mustang GT Hatchback 5-SpeedBring a Trailer, June 29, 2026Bring a TrailerJune 29, 2026$33,000
1985 Ford Mustang GT ConvertibleBring a Trailer, June 16, 2026Bring a TrailerJune 16, 2026$17,000
1985 Ford Mustang GTMecum, May 13, 2026MecumMay 13, 2026$15,500
1986 Ford Mustang GT Hatchback 5-SpeedBring a Trailer, March 23, 2026Bring a TrailerMarch 23, 2026$20,000

This car's historyConfirmed

Matched across sales by VIN.

DateWhat happenedWhereMilesPrice
March 18, 2025Sold (this sale)MecumMecum$6,600
July 21, 2025SoldCars & BidsCars & Bids$7,000
Aug. 7, 2025SoldBring a TrailerBring a Trailer56,000$6,700