Misallocation

1996 Ford Mustang Saleen S281 Convertible

Sold at Mecum Auctions on Jan. 7, 2026, offered with no reserve.

$9,900Confirmed

The price as reported by the house. Hammer price $8,900, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1996
Make and model
Saleen Mustang
Generation
Mustang SN95
Version
Saleen Mustang
Gearbox
Automatic
VIN
1FALP45X9TF224932
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 29 comparable sales, 80% under its bottom.

Middle half of sales$16,000 to $29,351
Median$23,000
Sales behind it29Likely

From 29 sales of the Saleen Mustang (Mustang SN95) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $16,000 and $29,351.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1997 Ford Mustang Saleen S281 Convertible 5-SpeedBring a Trailer, June 23, 2026Bring a TrailerJune 23, 2026$14,000
383 Stroker-Powered 1995 Ford Mustang Saleen S351 Coupe 5-SpeedBring a Trailer, Jan. 6, 2025Bring a TrailerJan. 6, 2025$40,250
1999 Ford Mustang Saleen ConvertibleMecum, April 9, 2026MecumApril 9, 2026$15,000
2000 FORD MUSTANG SALEEN CUSTOM COUPEBarrett-Jackson, Jan. 25, 2026Barrett-JacksonJan. 25, 2026$20,000
1999 Ford Mustang Saleen S281 Convertible 5-SpeedBring a Trailer, Sept. 17, 2025Bring a TrailerSept. 17, 2025$16,750
1999 Ford Mustang Saleen S281 Supercharged CoupeCars & Bids, Aug. 15, 2025Cars & BidsAug. 15, 2025$10,600
1999 Ford Mustang Saleen S281 Coupe 5-SpeedBring a Trailer, Aug. 5, 2025Bring a TrailerAug. 5, 2025$11,750
1999 Ford Mustang Saleen S281 Coupe 5-SpeedBring a Trailer, July 7, 2025Bring a TrailerJuly 7, 2025$13,050