Misallocation

1965 Ford Mustang K-Code Convertible

Sold at Mecum Auctions on Sept. 24, 2026.

$60,500Confirmed

The price as reported by the house. Hammer price $55,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1965
Make and model
Ford Mustang
Generation
Mustang first generation
Version
Mustang K-Code
Gearbox
Manual
Chassis
5R08K160491
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

Inside the middle half of 87 comparable sales.

Middle half of sales$37,950 to $71,500
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 $71,500.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1965 Ford Mustang Convertible A-Code 289 4-SpeedBring a Trailer, Oct. 28, 2026Bring a TrailerOct. 28, 2026$33,500
1965 Ford Mustang Coupe K-Code 289 4-SpeedBring a Trailer, Oct. 8, 2026Bring a TrailerOct. 8, 2026$45,800
1965 Ford Mustang Fastback K-Code 289 4-SpeedBring a Trailer, Sept. 8, 2026Bring a TrailerSept. 8, 2026$56,000
GT350-Style 1965 Ford Mustang Fastback A-Code 289 4-SpeedBring a Trailer, Sept. 8, 2026Bring a TrailerSept. 8, 2026$46,500
1965 Ford Mustang Convertible K-Code 4-SpeedBring a Trailer, Sept. 3, 2026Bring a TrailerSept. 3, 2026$44,750
1965 Ford Mustang Fastback GT A-Code 289 5-SpeedBring a Trailer, Aug. 25, 2026Bring a TrailerAug. 25, 2026$32,250
1965 Ford Mustang K-Code ConvertibleMecum, May 16, 2026MecumMay 16, 2026$85,000
1965 Ford Mustang 289 Fastback GT 'A-Code'Collecting Cars, May 15, 2026Collecting CarsMay 15, 2026$45,250