Misallocation

1989 Mercury Cougar XR-7

Sold at Mecum Auctions on July 10, 2024.

$13,200Confirmed

The price as reported by the house. Hammer price $12,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1989
Make and model
Mercury Cougar
Generation
Cougar (1974 to 1997)
Gearbox
Manual
VIN
1MEPM62R3KH669044
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

Above the middle half of 17 comparable sales, 9% over its top.

Middle half of sales$5,500 to $11,000
Median$7,500
Sales behind it17Likely

From 17 sales of the Mercury Cougar (1974 to 1997) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $5,500 and $11,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1989 Mercury Cougar XR-7Bring a Trailer, Dec. 26, 2025Bring a TrailerDec. 26, 2025$7,557
1989 Mercury Cougar XR-7Bring a Trailer, Oct. 17, 2025Bring a TrailerOct. 17, 2025$5,650
1989 Mercury Cougar XR-7Bring a Trailer, Sept. 17, 2025Bring a TrailerSept. 17, 2025$5,500
1989 Mercury Cougar XR-7Bring a Trailer, Aug. 15, 2025Bring a TrailerAug. 15, 2025$4,405
1986 Mercury Cougar GSMecum, Dec. 4, 2025MecumDec. 4, 2025$3,400
1984 Mercury Cougar ConvertibleMecum, May 11, 2025MecumMay 11, 2025$11,000
1994 Mercury Cougar XR7Bring a Trailer, Feb. 21, 2025Bring a TrailerFeb. 21, 2025$7,500
1997 Mercury Cougar XR7Bring a Trailer, March 4, 2026Bring a TrailerMarch 4, 2026$6,750

This car's historyConfirmed

Matched across sales by VIN.

DateWhat happenedWhereMilesPrice
Sept. 20, 2023SoldMecumMecum$9,350
Nov. 30, 2023Did not sellMecumMecum$13,500 high bid
July 10, 2024Sold (this sale)MecumMecum$13,200