Misallocation

2024 Ford Mustang GT Premium Convertible

Sold at Mecum Auctions on May 14, 2025, offered with no reserve.

$42,900Confirmed

The price as reported by the house. Hammer price $39,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
2024
Make and model
Ford Mustang
Generation
Mustang S650
Version
Mustang GT
Gearbox
Automatic
VIN
1FAGP8FF7R5120095
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

Below the middle half of 7 comparable sales, 15% under its bottom.

Middle half of sales$45,000 to $66,500
Median$53,750
Sales behind it7Likely

From 7 sales of the Ford Mustang GT (Mustang S650) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $45,000 and $66,500.

Closest sales

Closest comparable sales
CarAuctionDatePrice
Supercharged, 6k-Mile 2024 Ford Mustang GT Premium Fastback 6-SpeedBring a Trailer, Oct. 1, 2026Bring a TrailerOct. 1, 2026$53,750
2025 Ford Mustang GT 60th AnniversaryMecum, Sept. 24, 2026MecumSept. 24, 2026$70,000
Roush Supercharged, 1,800-Mile 2024 Ford Mustang GT Fastback 6-SpeedBring a Trailer, Aug. 20, 2026Bring a TrailerAug. 20, 2026$44,500
2024 Ford Mustang GT Coupe PremiumCars & Bids, May 4, 2026Cars & BidsMay 4, 2026$45,500
2024 Ford Mustang GT Hennessey H850Mecum, Nov. 14, 2025MecumNov. 14, 2025$63,000
Supercharged 2024 Ford Mustang GT Premium 6-SpeedBring a Trailer, Nov. 13, 2025Bring a TrailerNov. 13, 2025$44,500
Mystichrome, 349-Mile 2025 Ford Mustang GT Premium Fastback RTR Spec 2Bring a Trailer, Aug. 5, 2026Bring a TrailerAug. 5, 2026$76,000