Best Ford Mustang GT 5.0 Convertible Year to Buy
There is no single best Ford Mustang GT 5.0 Convertible year: the right one depends on your budget and what you want from the car. Across 63 verified sales, the 1989 is the most affordable at $20,680. The 1990 trades most often (21 verified sales). The 1988 has held its value best, now worth 134% of its original MSRP.
Data: DriveIndex. 3 model years with at least 10 verified sales each, latest sale Aug 17, 2026. Methodology
Ranked across the 3 years with at least 10 verified sales. Years with fewer are in the table below but too thin to rank.
Ford Mustang GT 5.0 Convertible Value by Model Year
| Year | Value today | Vs. original MSRP | Verified sales | For sale now |
|---|---|---|---|---|
| 1992 Mustang GT 5.0 Convertible | $16,013 | 79% | 2 · too few to rank | — |
| 1991 Mustang GT 5.0 Convertible | $23,992 | 121% | 6 · too few to rank | — |
| 1990 Mustang GT 5.0 Convertible | $21,450 | 112% | 21 | — |
| 1989 Mustang GT 5.0 Convertible | $20,680 | 118% | 18 | — |
| 1988 Mustang GT 5.0 Convertible | $22,263 | 134% | 10 | — |
| 1987 Mustang GT 5.0 Convertible | $20,550 | 130% | 4 · too few to rank | 1 |
| 1983 Mustang GT 5.0 Convertible | $10,409 | 83% | 2 · too few to rank | — |
Value today is DriveIndex's current value for each year, from verified sales. “Vs. original MSRP” compares it with the sticker price when new, not adjusted for inflation: 100% means it is worth exactly what it cost. Years with fewer than 10 verified sales are listed but not ranked.
Which Mustang GT 5.0 Convertible year is appreciating right now?
The table shows what each year is worth. Pro adds the direction: the live Value Signal for every year, how confident it is, a 1–5 year projection, and every sold price behind it. Collector adds the best months to buy and an estimated market-bottom date.
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Best Ford Mustang GT 5.0 Convertible Year: Frequently Asked Questions
What is the best Ford Mustang GT 5.0 Convertible year to buy?
There is no single best Ford Mustang GT 5.0 Convertible year: the right one depends on your budget and what you want from the car. Across 63 verified sales, the 1989 is the most affordable at $20,680. The 1990 trades most often (21 verified sales). The 1988 has held its value best, now worth 134% of its original MSRP. The table on this page lists every model year with its value today, its value against its original MSRP and how many have sold.
Which Ford Mustang GT 5.0 Convertible year is the cheapest?
The 1989 Ford Mustang GT 5.0 Convertible is the most affordable year with enough verified sales to compare, currently valued at $20,680. The most valuable is the 1988, at $22,263.
Which Ford Mustang GT 5.0 Convertible year holds its value best?
The 1988 Ford Mustang GT 5.0 Convertible is now worth 134% of its original MSRP of $16,610, the best of the years with enough verified sales to compare. That compares today's value with the sticker price when new, not adjusted for inflation.
How much is a Ford Mustang GT 5.0 Convertible worth?
Depending on the model year, a Ford Mustang GT 5.0 Convertible is worth from $20,680 to $22,263 today, based on verified sales. Mileage, condition and options move any single car's price; each year's page shows its recent sales.
Which Ford Mustang GT 5.0 Convertible year is appreciating?
This page shows what each year is worth today and how that compares with its original price. Whether each year is appreciating, stable or depreciating right now is DriveIndex's Value Signal, which Pro members see for every year along with a 1–5 year projection.