Misallocation

1986 Ford Mustang GT Convertible

Sold at Mecum Auctions on Oct. 3, 2025, offered with no reserve.

$3,850Confirmed

The price as reported by the house. Hammer price $2,850, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1986
Make and model
Ford Mustang
Generation
Mustang Fox body
Version
Mustang GT
Gearbox
Manual
VIN
1FABP27M3GF183397
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 173 comparable sales, 347% under its bottom.

Middle half of sales$12,750 to $27,000
Median$18,000
Sales behind it173Likely

From 173 sales of the Ford Mustang GT (Mustang Fox body) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $12,750 and $27,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
Original-Owner 1986 Ford Mustang GT Convertible 5-SpeedBring a Trailer, Feb. 16, 2026Bring a TrailerFeb. 16, 2026$10,000
1986 Ford Mustang GT ConvertibleMecum, Jan. 9, 2026MecumJan. 9, 2026$20,000
1986 Ford Mustang GT 5.0 Convertible 5-SpeedBring a Trailer, Nov. 4, 2025Bring a TrailerNov. 4, 2025$13,286
One-Family-Owned 1986 Ford Mustang GT Convertible 5-SpeedBring a Trailer, Sept. 16, 2025Bring a TrailerSept. 16, 2025$16,250
1986 Ford Mustang GTMecum, July 11, 2025MecumJuly 11, 2025$17,500
1986 Ford Mustang GTMecum, Jan. 15, 2025MecumJan. 15, 2025$45,000
1986 Ford Mustang GT ConvertibleMecum, Jan. 9, 2025MecumJan. 9, 2025$14,000
1986 Ford Mustang GTMecum, Dec. 7, 2024MecumDec. 7, 2024$14,000