Misallocation

1998 Ford Mustang SVT Cobra Convertible

Sold at Mecum Auctions on April 5, 2024, offered with no reserve.

$13,750Confirmed

The price as reported by the house. Hammer price $12,500, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1998
Make and model
Ford Mustang
Generation
Mustang SN95
Version
Mustang SVT Cobra
Gearbox
Manual
VIN
1FAFP46V8WF180078
Condition
Good (3)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

This car's full record

Against comparable sales

Below the middle half of 179 comparable sales, 25% under its bottom.

Middle half of sales$15,625 to $30,125
Median$20,000
Sales behind it179Likely

From 179 sales of the Ford Mustang SVT Cobra (Mustang SN95) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $15,625 and $30,125.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1998 Ford Mustang SVT Cobra CoupeBring a Trailer, Oct. 10, 2026Bring a TrailerOct. 10, 2026$26,500
1998 Ford Mustang SVT Cobra CoupeBring a Trailer, Sept. 30, 2026Bring a TrailerSept. 30, 2026$12,500
1998 Ford Mustang SVT Cobra CoupeBring a Trailer, Aug. 25, 2026Bring a TrailerAug. 25, 2026$29,000
1998 Ford Mustang SVT Cobra ConvertibleBring a Trailer, July 28, 2026Bring a TrailerJuly 28, 2026$12,000
1998 Ford Mustang SVT Cobra CoupeBring a Trailer, Nov. 28, 2025Bring a TrailerNov. 28, 2025$18,250
1998 Ford Mustang SVT Cobra Coupe Race CarBring a Trailer, Nov. 23, 2025Bring a TrailerNov. 23, 2025$16,750
1998 Ford Mustang SVT Cobra ConvertibleMecum, Nov. 13, 2025MecumNov. 13, 2025$7,250
1998 Ford Mustang SVT Cobra CoupeBring a Trailer, Oct. 8, 2025Bring a TrailerOct. 8, 2025$19,250

This car's historyConfirmed

Matched across sales by VIN.

DateWhat happenedWhereMilesPrice
April 5, 2024Sold (this sale)MecumMecum$13,750
June 7, 2024SoldMecumMecum$13,200
Jan. 8, 2025SoldMecumMecum$18,700