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Ford Mustang GT 5.0 Convertible Market Value & Price History

The Ford Mustang GT 5.0 Convertible has a market value of $10,755 to $22,193 depending on year and condition, based on 41 verified auction sales across 7 model years (1983–1992). Individual examples have sold from $10,000 to $35,500, with 13 sold in the past 12 months.

Value Range
$10,755 to $22,193
Median Sale
$16,500
Auction Sales
41
Model Years
7

Ford Mustang GT 5.0 Convertible Value by Year

1992 Ford Mustang GT 5.0 Convertible
2 auction sales
$14,875
1991 Ford Mustang GT 5.0 Convertible
3 auction sales
$18,250
1990 Ford Mustang GT 5.0 Convertible
10 auction sales
$16,959
1989 Ford Mustang GT 5.0 Convertible
10 auction sales
$14,478
1988 Ford Mustang GT 5.0 Convertible
9 auction sales
$22,193
1987 Ford Mustang GT 5.0 Convertible
5 auction sales
$20,785
1983 Ford Mustang GT 5.0 Convertible
2 auction sales
$10,755

Recent Ford Mustang GT 5.0 Convertible Auction Results

SoldYearPriceMileageSource
Jun 8, 20261987$17,25024,000 mibat
May 13, 20261989$15,75049,000 mibat
Apr 8, 20261988$26,00045,000 mibat
Apr 6, 20261987$29,0004,400 mibat
Apr 1, 20261990$17,75024,000 mibat
Mar 25, 20261989$11,50025,000 mibat
Mar 8, 20261989$16,00050,000 mibat
Feb 25, 20261989$13,76083,000 mibat
Dec 4, 20251989$12,000400 mibat
Oct 30, 20251990$14,50050,000 mibat
Oct 22, 20251991$24,75032,000 mibat
Oct 10, 20251990$18,00067,000 mibat

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 $10,755 to $22,193 depending on the model year, mileage, and condition. Recent auction sales span $10,000 to $35,500. 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?

13 Ford Mustang GT 5.0 Convertible have sold at auction in the past 12 months across all years; DriveIndex has tracked 41 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.