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1991 Ford Mustang GT 5.0 Convertible: market value and price history

1991 Ford Mustang GT 5.0 Convertible Market Value & Price History

The 1991 Ford Mustang GT 5.0 Convertible has a current market value of $25,828 as of Oct 12, 2026, based on 15 verified auction sales tracked by DriveIndex, with half of the verified USD sales since 2021 between $13,500 and $26,400. Based on US sales through Sep 23, 2026. 9 have sold in the past 12 months. The median sale price is up 69.2% over the past 12 months versus one to three years ago.

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Market Value
$25,828
Sales through Sep 2026
Median Sale
$19,800
Typical Range
$13,500 – $26,400
middle half of sales · full $11,000–$33,000
Auction Sales
15
Avg Mileage
37,443
Original MSRP
$19,864

Data: DriveIndex. 15 verified auction sales for the 1991 Ford Mustang GT 5.0 Convertible, latest sale Sep 23, 2026. Value as of Oct 12, 2026. Methodology

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1991 Ford Mustang GT 5.0 Convertible Price History

The median 1991 Ford Mustang GT 5.0 Convertible sold for $20,900 in 2026, against $13,000 in 2025. Each row is the median of the verified sales recorded in that calendar year, so it moves with the mix of mileages and options that came to market as well as with the market itself.

YearMedian saleSales
2026$20,9008
2025$13,0003

Years with fewer than three verified USD sales are omitted — a one-sale “median” is a single car, not a market.

Recent 1991 Ford Mustang GT 5.0 Convertible Auction Results

SoldPriceMileageGearbox
Sep 23, 2026$11,55082,502 miAutomatic
Aug 17, 2026$22,00071,000 miAutomatic
Jul 24, 2026$26,40010,777 miAutomatic
Mar 17, 2026$14,30061,653 miManual
Feb 27, 2026$33,00015,000 miManual
Jan 21, 2026$28,050—Manual
Jan 18, 2026$19,80014,000 mi—
Jan 8, 2026$11,00051,940 miManual
Oct 22, 2025$24,75032,000 miManual
Jul 10, 2025$11,000887 miManual
May 3, 2025$13,000——
Jun 30, 2024$13,50055,000 miManual
Nov 4, 2022$16,50071,000 miAutomatic
Aug 19, 2021$26,75016,000 miManual
Apr 7, 2021$21,7505,000 miAutomatic

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

1991 Ford Mustang GT 5.0 Convertible: Frequently Asked Questions

How much is a 1991 Ford Mustang GT 5.0 Convertible worth?

A 1991 Ford Mustang GT 5.0 Convertible is worth approximately $25,828 as of Oct 12, 2026, based on 15 verified auction sales tracked by DriveIndex. Based on US sales through Sep 23, 2026. Half of all verified sales fall between $13,500 and $26,400; the full verified range is $11,000 to $33,000. Condition, mileage and options move an individual car within that band.

How much did a 1991 Ford Mustang GT 5.0 Convertible cost new?

The 1991 Ford Mustang GT 5.0 Convertible carried an original MSRP of $19,864. Verified examples now trade around $25,828.

How much has the 1991 Ford Mustang GT 5.0 Convertible depreciated?

It hasn't depreciated. The 1991 Ford Mustang GT 5.0 Convertible is worth about 30% more than its original MSRP of $19,864, with verified examples now trading around $25,828. That compares today's value with the sticker price, not adjusted for inflation.

How many 1991 Ford Mustang GT 5.0 Convertible sell per year?

9 have sold at auction in the past 12 months. DriveIndex has tracked 15 1991 Ford Mustang GT 5.0 Convertible sales in total.

Are 1991 Ford Mustang GT 5.0 Convertible sale prices higher or lower than a year ago?

The median 1991 Ford Mustang GT 5.0 Convertible sale price is up 69.2% over the past 12 months versus one to three years ago, based on verified auction sales. That figure tracks the median of what actually sold, so it moves with the mix of mileages and options that came to market as well as with the market itself. 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 1991 Ford Mustang GT 5.0 Convertible?

DriveIndex tracks for-sale listings and auction results for the 1991 Ford Mustang GT 5.0 Convertible from the world's leading collector-car auction houses and marketplaces.

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