Ford Mustang GT 5.0 Convertible Market Value & Price History
The Ford Mustang GT 5.0 Convertible has a market value of $10,409 to $30,608 depending on year and condition, based on 62 verified auction sales across 7 model years (1983–1992). Individual examples have sold from $10,000 to $38,500, with 22 sold in the past 12 months.
Ford Mustang GT 5.0 Convertible Value by Year
Recent Ford Mustang GT 5.0 Convertible Auction Results
| Sold | Year | Price | Mileage |
|---|---|---|---|
| Jul 3, 2026 | 1989 | $27,000 | 46,000 mi |
| Jun 25, 2026 | 1990 | $24,200 | — |
| Jun 24, 2026 | 1990 | $10,001 | 58,000 mi |
| Jun 20, 2026 | 1988 | $31,750 | 9,000 mi |
| May 16, 2026 | 1988 | $20,250 | 19,000 mi |
| May 13, 2026 | 1989 | $15,750 | 49,000 mi |
| Apr 8, 2026 | 1988 | $26,000 | 45,000 mi |
| Apr 6, 2026 | 1987 | $29,000 | 4,400 mi |
| Apr 1, 2026 | 1990 | $17,750 | 24,000 mi |
| Mar 25, 2026 | 1989 | $11,500 | 25,000 mi |
| Mar 8, 2026 | 1989 | $16,000 | 50,000 mi |
| Feb 27, 2026 | 1991 | $33,000 | 15,000 mi |
Ford Mustang GT 5.0 Convertible — Frequently Asked Questions
How much is a Ford Mustang GT 5.0 Convertible worth?
Ford Mustang GT 5.0 Convertible market values range from $10,409 to $30,608 depending on the model year, mileage, and condition. Recent auction sales span $10,000 to $38,500. See the year-by-year breakdown below.
Which Ford Mustang GT 5.0 Convertible year is best?
DriveIndex tracks the market value of every Ford Mustang GT 5.0 Convertible year (1983–1992) so you can compare appreciation and pricing side by side. The full Value Signal — appreciating, stable, or depreciating, with a 1–5 year projection — is available on each year's page.
How many Ford Mustang GT 5.0 Convertible sell per year?
22 Ford Mustang GT 5.0 Convertible have sold at auction in the past 12 months across all years; DriveIndex has tracked 62 sales in total.
Where can I buy a Ford Mustang GT 5.0 Convertible?
DriveIndex tracks for-sale listings and auction results for the Ford Mustang GT 5.0 Convertible from the top auction houses and marketplaces.