Misallocation

1966 Ford Mustang Convertible

Sold at Mecum Auctions on July 25, 2026.

$56,100Confirmed

The price as reported by the house. Hammer price $51,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1966
Make and model
Ford Mustang
Generation
Mustang first generation
Version
Mustang (six or V8)
Gearbox
Automatic
Chassis
6T08C243485
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

Above the middle half of 519 comparable sales, 13% over its top.

Middle half of sales$19,000 to $45,000
Median$29,000
Sales behind it519Likely

From 519 sales of the Ford Mustang (six or V8) (Mustang first generation) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $19,000 and $45,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1966 Ford Mustang CoupeMecum, Oct. 24, 2026MecumOct. 24, 2026$19,500
1966 Ford Mustang CoupeMecum, Oct. 24, 2026MecumOct. 24, 2026$18,000
1966 Ford Mustang FastbackMecum, Oct. 24, 2026MecumOct. 24, 2026$85,000
1966 Ford MustangMecum, Sept. 24, 2026MecumSept. 24, 2026$28,000
1966 Ford MustangMecum, Sept. 24, 2026MecumSept. 24, 2026$15,000
1966 FORD MUSTANGBarrett-Jackson, Sept. 11, 2026Barrett-JacksonSept. 11, 2026$20,000
1966 FORD MUSTANGBarrett-Jackson, Sept. 11, 2026Barrett-JacksonSept. 11, 2026$26,000
1966 Ford Mustang CoupeCars & Bids, Aug. 6, 2026Cars & BidsAug. 6, 2026$10,900