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 $24,310 depending on year and condition, based on 73 verified auction sales across 7 model years (1983–1992). Individual examples have sold from $10,000 to $38,500, with 28 sold in the past 12 months.
Ford Mustang GT 5.0 Convertible Value by Year
What members see for the Ford Mustang GT 5.0 Convertible
The value above is the headline. Members get the full picture behind it.
- All 73 sold prices across every year, and where each one sold
- The live Value Signal, and how confident it is
- A 1–5 year value projection
- A Buy / Hold / Sell call
- An alert the moment one lists or sells
- The best and worst months to buy and sell
- An estimated market-bottom date
- Whether a for-sale ask is fair, the moment one lists
- Deal Radar: underpriced listings across the market
Not ready? A free account shows the current value and recent sale dates.
Recent Ford Mustang GT 5.0 Convertible Auction Results
| Sold | Year | Price | Mileage |
|---|---|---|---|
| Sep 24, 2026 | 1987 | $14,027 | 93,000 mi |
| Sep 5, 2026 | 1989 | $21,840 | 13,583 mi |
| Aug 17, 2026 | 1991 | $22,000 | 71,000 mi |
| 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 |
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 $24,310 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?
There is no single best Ford Mustang GT 5.0 Convertible year: it depends on your budget and what you want from the car. The Ford Mustang GT 5.0 Convertible best-year guide compares every year on its market value, how often it trades and its value against the original MSRP. Whether each year is appreciating is DriveIndex's Value Signal, a Pro feature.
How many Ford Mustang GT 5.0 Convertible sell per year?
28 Ford Mustang GT 5.0 Convertible have sold at auction in the past 12 months across all years; DriveIndex has tracked 73 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.