DriveIndex
1983 Ford Mustang GT 5.0 Convertible: market value and price history

1983 Ford Mustang GT 5.0 Convertible Market Value & Price History

The 1983 Ford Mustang GT 5.0 Convertible has a market value of $10,409, based on 2 verified auction sales tracked by DriveIndex, with all 2 verified USD sales between $10,260 and $11,250. No sale since Jun 6, 2023, so this value may not reflect today's market.

See the Value Signal with Pro →or sign up free
Market Value
$10,409
No sale since Jun 2023
Median Sale
$10,755
Price Range
$10,260 – $11,250
Auction Sales
2
Avg Mileage
36,000
Original MSRP
$12,467

Data: DriveIndex. 2 verified auction sales for the 1983 Ford Mustang GT 5.0 Convertible, latest sale Jun 6, 2023. Methodology

What members see for the 1983 Ford Mustang GT 5.0 Convertible

The value above is the headline. Members get the full picture behind it.

Pro
$19.99/month
  • All 2 sold prices, 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
See all 2 sold prices →
Collector
$39.99/month · everything in Pro, plus
  • 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
See when to buy →

Not ready? A free account shows the current value and recent sale dates.

Is the 1983 Ford Mustang GT 5.0 Convertible a good buy right now?

Pro unlocks this car's live Value Signal (appreciating, stable, bottomed, approaching bottom or depreciating) and its 1–5 year projection. Collector adds the best months to buy and sell.

See the Mustang GT 5.0 Convertible's Value Signal with Pro →

Recent 1983 Ford Mustang GT 5.0 Convertible Auction Results

SoldPriceMileageGearbox
Jun 6, 2023$10,26016,000 miManual
Dec 30, 2022$11,25056,000 miManual

Verified results from the world's leading collector-car auction houses and marketplaces.

See the full picture on the 1983 Ford Mustang GT 5.0 Convertible

Browsing is free. Upgrade to unlock the Value Signal™, projections, and the tools collectors use to buy and sell at the right time.

Pro
$19.99/mo
or $199/yr · for buyers & sellers
  • Full Value Signal™ + confidence: appreciating, stable, or depreciating
  • 1–5 year price projections
  • Buy / Hold / Sell call per car
  • Complete sales & listings feed + up to 10 yrs of history
  • Analyst notes & compare up to 4 cars
  • Price & custom alerts (make, color, options)
  • Portfolio tracker (garage) + analytics
Get Pro →
MOST POPULAR
Collector
$39.99/mo
or $399/yr · for serious collectors
  • Everything in Pro, plus:
  • Portfolio Outlook (a hold/sell call for every car you own)
  • Watchlist Intelligence (act-now calls on the cars you follow)
  • Head-to-Head Verdict (compare cars, the data crowns the buy)
  • Market Deal Radar (every live ask under market value, catalog-wide)
  • Best & worst months to buy and sell
  • What each option adds to the price + separate manual vs automatic values
  • Listing analyzer with fair-value deal scores
  • Rad’s Market Update (his picks & price targets)
Get Collector →
Just browsing? Create a free account → · Cancel anytime
In the trade? The Dealer plan · $499/mo →

Ford Mustang GT 5.0 Convertible by Year

All Mustang GT 5.0 Convertible →199119901989198819871983
Which Mustang GT 5.0 Convertible year should you buy? Every year compared →

1983 Ford Mustang GT 5.0 Convertible: Frequently Asked Questions

How much is a 1983 Ford Mustang GT 5.0 Convertible worth?

A 1983 Ford Mustang GT 5.0 Convertible is worth approximately $10,409, based on 2 verified auction sales tracked by DriveIndex. No sale since Jun 6, 2023, so this value may not reflect today's market. All 2 verified USD sales fall between $10,260 and $11,250. Condition, mileage and options move an individual car within that band.

How much did a 1983 Ford Mustang GT 5.0 Convertible cost new?

The 1983 Ford Mustang GT 5.0 Convertible carried an original MSRP of $12,467. Its DriveIndex market value is $10,409. No sale since Jun 6, 2023, so this value may not reflect today's market.

How much has the 1983 Ford Mustang GT 5.0 Convertible depreciated?

The 1983 Ford Mustang GT 5.0 Convertible is worth about 17% less than it cost new: it carried an original MSRP of $12,467, and its DriveIndex market value is $10,409. That compares the DriveIndex value with the sticker price, not adjusted for inflation. No sale since Jun 6, 2023, so this value may not reflect today's market.

How many 1983 Ford Mustang GT 5.0 Convertible sell per year?

DriveIndex has tracked 2 1983 Ford Mustang GT 5.0 Convertible sales at auction.

Are 1983 Ford Mustang GT 5.0 Convertible sale prices higher or lower than a year ago?

There aren't yet enough recent sales to compute a reliable 12-month price direction for the 1983 Ford Mustang GT 5.0 Convertible. 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 1983 Ford Mustang GT 5.0 Convertible?

DriveIndex tracks for-sale listings and auction results for the 1983 Ford Mustang GT 5.0 Convertible from the world's leading collector-car auction houses and marketplaces.

More Ford Models

Ford Thunderbird$10,982–$42,439Ford Mustang Convertible$10,967–$34,894Ford Mustang$11,298–$74,650Ford Mustang Mach 1$17,281–$78,650Ford Bronco$10,843–$72,342Ford Mustang Fastback$46,277–$87,100Ford GT$660,289–$937,997Ford Mustang Boss 302$43,738–$107,207Ford Mustang GT Coupe$12,755–$38,769Ford Mustang Coupe$14,228–$24,396Ford Mustang GT Convertible$12,095–$102,438Ford Thunderbird Convertible$23,400–$29,228Ford F-100$20,167–$71,500Ford Bronco XLT$10,938–$69,026Ford Mustang Shelby GT350R$87,532–$114,593Ford Mustang Shelby GT500 Coupe$34,022–$67,198Ford Mustang Shelby GT350$52,962–$68,350Ford Mustang GT$16,800–$36,906
All Ford models →

Collections Featuring Ford

Best Ford Models to Buy Right NowBest Appreciating Ford ModelsTop Appreciating American Muscle CarsAll collections →
Track the Ford Mustang GT 5.0 Convertible on DriveIndex

Pro unlocks its live Value Signal, every sold price, a 1–5 year projection and an alert the moment one lists or sells. Collector adds the best months to buy and sell and where the market bottoms.

Get Pro →

or start with a free account