1971 Ford Mustang Convertible Market Value & Price History
The 1971 Ford Mustang Convertible has a current market value of $29,279 as of Nov 4, 2026, based on 53 verified auction sales tracked by DriveIndex, with half of the verified USD sales since 2007 between $18,700 and $28,250. Based on US sales through Oct 22, 2026. 6 have sold in the past 12 months. The median sale price has held roughly flat over the past 12 months versus one to three years ago.
Data: DriveIndex. 53 verified auction sales for the 1971 Ford Mustang Convertible (51 in USD, the basis for every dollar figure here), latest sale Oct 22, 2026. Value as of Nov 4, 2026. Methodology
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The median 1971 Ford Mustang Convertible sold for $25,300 in 2026, against $22,838 in 2014. Each row is the median of the verified sales recorded in that calendar year, so it moves with the mix of mileages and options that came to market as well as with the market itself.
| Year | Median sale | Sales |
|---|---|---|
| 2026 | $25,300 | 6 |
| 2024 | $25,300 | 7 |
| 2022 | $26,625 | 6 |
| 2018 | $18,975 | 4 |
| 2017 | $21,450 | 4 |
| 2016 | $40,150 | 3 |
| 2015 | $17,600 | 3 |
| 2014 | $22,838 | 8 |
Years with fewer than three verified USD sales are omitted — a one-sale “median” is a single car, not a market.
Recent 1971 Ford Mustang Convertible Auction Results
| Sold | Price | Mileage | Gearbox |
|---|---|---|---|
| Oct 22, 2026 | $40,700 | 7,162 mi | Automatic |
| Sep 24, 2026 | $28,600 | 7,112 mi | Automatic |
| Sep 4, 2026 | $18,750 | 34,000 mi | — |
| Jul 24, 2026 | $27,500 | 29,159 mi | Automatic |
| May 13, 2026 | $13,200 | 93,346 mi | Automatic |
| May 9, 2026 | $23,100 | 21,016 mi | Automatic |
| Jul 19, 2025 | $26,000 | 69,000 mi | Manual |
| Jan 7, 2025 | $20,900 | 70,154 mi | Automatic |
| Sep 21, 2024 | $15,500 | 85,000 mi | Automatic |
| Jul 24, 2024 | $24,200 | 36,756 mi | Automatic |
| Jul 11, 2024 | $32,450 | 50,018 mi | Automatic |
| Feb 2, 2024 | $25,300 | 56,942 mi | — |
| Jan 25, 2024 | $38,500 | — | Automatic |
| Jan 10, 2024 | $30,800 | 76,774 mi | Automatic |
| Jan 9, 2024 | $22,550 | 56,940 mi | Automatic |
Verified results from the world's leading collector-car auction houses and marketplaces.
All Ford Mustang Convertible auction results →See the full picture on the 1971 Ford Mustang Convertible
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Ford Mustang Convertible by Year
Which Mustang Convertible year should you buy? Every year compared →1971 Ford Mustang Convertible: Frequently Asked Questions
How much is a 1971 Ford Mustang Convertible worth?
A 1971 Ford Mustang Convertible is worth approximately $29,279 as of Nov 4, 2026, based on 53 verified auction sales tracked by DriveIndex. Based on US sales through Oct 22, 2026. Half of all verified sales fall between $18,700 and $28,250; the full verified range is $10,250 to $49,500. Condition, mileage and options move an individual car within that band.
How much did a 1971 Ford Mustang Convertible cost new?
The 1971 Ford Mustang Convertible carried an original MSRP of $3,227. Verified examples now trade around $29,279.
How much has the 1971 Ford Mustang Convertible depreciated?
It hasn't depreciated. The 1971 Ford Mustang Convertible is worth about 807% more than its original MSRP of $3,227, with verified examples now trading around $29,279. That compares today's value with the sticker price, not adjusted for inflation.
How many 1971 Ford Mustang Convertible sell per year?
6 have sold at auction in the past 12 months. DriveIndex has tracked 53 1971 Ford Mustang Convertible sales in total.
Are 1971 Ford Mustang Convertible sale prices higher or lower than a year ago?
The median 1971 Ford Mustang Convertible sale price has held roughly flat over the past 12 months versus one to three years ago. That figure tracks the median of what actually sold, so it moves with the mix of mileages and options that came to market as well as with the market itself. The full Value Signal classification (appreciating, stable, bottomed, or depreciating) and its 1–5 year projection are part of DriveIndex Pro.
Where can I buy a 1971 Ford Mustang Convertible?
DriveIndex tracks for-sale listings and auction results for the 1971 Ford Mustang Convertible from the world's leading collector-car auction houses and marketplaces.
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