Misallocation

1987 Ford Mustang LX

Sold at Mecum Auctions on May 10, 2025.

$25,300Confirmed

The price as reported by the house. Hammer price $23,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1987
Make and model
Ford Mustang
Generation
Mustang Fox body
Version
Mustang LX 5.0
Gearbox
Manual
VIN
1FABP41E9HF245996
Owners
1Likely
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 166 comparable sales.

Middle half of sales$13,813 to $27,250
Median$18,800
Sales behind it166Likely

From 166 sales of the Ford Mustang LX 5.0 (Mustang Fox body) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $13,813 and $27,250.

Closest sales

Closest comparable sales
CarAuctionDatePrice
302-Powered 1987 Ford Mustang LX Notchback 5-SpeedBring a Trailer, Sept. 12, 2026Bring a TrailerSept. 12, 2026$23,500
1987 Ford Mustang LX ConvertibleCars & Bids, Sept. 3, 2025Cars & BidsSept. 3, 2025$3,250
1987 Ford Mustang LX 5.0 5-SpeedBring a Trailer, June 28, 2025Bring a TrailerJune 28, 2025$13,750
1988 Ford Mustang LX 5.0 Notchback 5-SpeedBring a Trailer, Sept. 2, 2026Bring a TrailerSept. 2, 2026$17,750
Coyote-Powered 1988 Ford Mustang LX 6-SpeedBring a Trailer, July 29, 2026Bring a TrailerJuly 29, 2026$40,000
1988 Ford Mustang LX 5.0 Hatchback 5-SpeedBring a Trailer, July 17, 2026Bring a TrailerJuly 17, 2026$29,250
1988 Ford Mustang LX 5.0 Notchback 5-SpeedBring a Trailer, Jan. 23, 2026Bring a TrailerJan. 23, 2026$33,000
1988 Ford Mustang LX 5.0 5-SpeedBring a Trailer, Aug. 29, 2025Bring a TrailerAug. 29, 2025$17,250