1978 Ford Mustang King Cobra
Sold at Mecum Auctions on Jan. 11, 2024, 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
- 1978
- Make and model
- Ford Mustang
- Generation
- Mustang II
- Version
- Mustang II King Cobra
- Gearbox
- Manual
- Chassis
- 8F03F162341
- 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 7 comparable sales.
Middle half of sales$18,000 to $28,750
Median$20,000
Sales behind it7Likely
From 7 sales of the Ford Mustang II King Cobra in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $18,000 and $28,750.
Closest sales
| Car | Auction | Date | Price |
|---|---|---|---|
| 1978 Ford Mustang II King CobraMecum, Sept. 24, 2026 | Mecum | Sept. 24, 2026 | $31,000 |
| 1978 Ford Mustang II King CobraMecum, Oct. 31, 2025 | Mecum | Oct. 31, 2025 | $20,000 |
| 1978 Ford Mustang II King Cobra 4-SpeedBring a Trailer, July 10, 2025 | Bring a Trailer | July 10, 2025 | $13,251 |
| 1978 Ford Mustang II King Cobra 4-SpeedBring a Trailer, May 11, 2025 | Bring a Trailer | May 11, 2025 | $16,000 |
| 1978 Ford Mustang II King CobraMecum, Jan. 8, 2025 | Mecum | Jan. 8, 2025 | $20,000 |
| 1978 Ford Mustang II King Cobra 4-SpeedBring a Trailer, July 16, 2026 | Bring a Trailer | July 16, 2026 | $35,000 |
| Eleanor-Style 1978 Ford Mustang II King Cobra 5-SpeedBring a Trailer, May 15, 2026 | Bring a Trailer | May 15, 2026 | $26,500 |