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1987 Ford Mustang GT 5.0 Convertible — market value and price history

1987 Ford Mustang GT 5.0 Convertible Market Value & Price History

The 1987 Ford Mustang GT 5.0 Convertible has a current market value of $29,565, based on 4 verified auction sales tracked by DriveIndex, with sold prices ranging from $18,000 to $35,500. 1 has sold in the past 12 months.

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Market Value
$29,565
Median Sale
$24,000
Price Range
$18,000$35,500
Auction Sales
4
Avg Mileage
17,500
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Recent 1987 Ford Mustang GT 5.0 Convertible Auction Results

SoldPriceMileage
Apr 6, 2026$29,0004,400 mi
Oct 25, 2023$35,5003,600 mi
Aug 21, 2022$19,00043,000 mi
May 11, 2022$18,00019,000 mi

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

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Ford Mustang GT 5.0 Convertible by Year

All Mustang GT 5.0 Convertible1992199119901989198819871983

1987 Ford Mustang GT 5.0 Convertible — Frequently Asked Questions

How much is a 1987 Ford Mustang GT 5.0 Convertible worth?

The 1987 Ford Mustang GT 5.0 Convertible has a market value of approximately $29,565, based on 4 verified auction sales. Recent examples have sold between $18,000 and $35,500.

How many 1987 Ford Mustang GT 5.0 Convertible sell per year?

1 has sold at auction in the past 12 months. DriveIndex has tracked 4 sales in total.

Is the 1987 Ford Mustang GT 5.0 Convertible appreciating or depreciating?

There aren't yet enough recent sales to compute a reliable 12-month price direction for the 1987 Ford Mustang GT 5.0 Convertible. For the full Value Signal classification (appreciating, stable, bottomed, or depreciating) and its 1–5 year projection, open the 1987 Ford Mustang GT 5.0 Convertible on DriveIndex.

Where can I buy a 1987 Ford Mustang GT 5.0 Convertible?

DriveIndex tracks for-sale listings and auction results for the 1987 Ford Mustang GT 5.0 Convertible from the world's leading collector-car auction houses and marketplaces.

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