1986 Ford Mustang GT Convertible Market Value & Price History
The 1986 Ford Mustang GT Convertible has a market value of $12,337, based on 27 verified auction sales tracked by DriveIndex, with half of the verified USD sales since 2018 between $11,000 and $16,500. No sale since Feb 16, 2026, so this value may not reflect today's market. 3 have sold in the past 12 months. The median sale price is down 13.7% over the past 12 months versus the prior year.
Data: DriveIndex. 27 verified auction sales for the 1986 Ford Mustang GT Convertible, latest sale Feb 16, 2026. Methodology
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The median 1986 Ford Mustang GT Convertible sold for $15,400 in 2025, against $15,250 in 2021. 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.
| Year | Median sale | Sales |
|---|---|---|
| 2025 | $15,400 | 3 |
| 2024 | $13,910 | 3 |
| 2023 | $14,300 | 5 |
| 2022 | $11,000 | 5 |
| 2021 | $15,250 | 4 |
Years with fewer than three verified USD sales are omitted — a one-sale “median” is a single car, not a market.
Recent 1986 Ford Mustang GT Convertible Auction Results
| Sold | Price | Mileage | Gearbox |
|---|---|---|---|
| Feb 16, 2026 | $10,000 | 10,000 mi | Manual |
| Jan 9, 2026 | $22,000 | 15,390 mi | Manual |
| Nov 4, 2025 | $13,286 | 62,000 mi | Manual |
| Sep 16, 2025 | $16,250 | 15,000 mi | Manual |
| Jan 9, 2025 | $15,400 | 50,586 mi | — |
| Nov 27, 2024 | $13,910 | 75,116 mi | Automatic |
| Jul 27, 2024 | $19,800 | 4,879 mi | Automatic |
| Mar 15, 2024 | $10,500 | 61,000 mi | Automatic |
| Aug 29, 2023 | $10,250 | 30,000 mi | Automatic |
| Jul 28, 2023 | $14,300 | 83,864 mi | Automatic |
| Jun 9, 2023 | $14,300 | 50,431 mi | — |
| May 30, 2023 | $20,500 | 37,000 mi | Manual |
| Jan 19, 2023 | $11,150 | 84,000 mi | Automatic |
| Sep 15, 2022 | $10,800 | 89,000 mi | Manual |
| Sep 7, 2022 | $11,000 | — | Manual |
Verified results from the world's leading collector-car auction houses and marketplaces.
All Ford Mustang GT Convertible auction results →See the full picture on the 1986 Ford Mustang GT Convertible
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Ford Mustang GT Convertible by Year
Which Mustang GT Convertible year should you buy? Every year compared →1986 Ford Mustang GT Convertible: Frequently Asked Questions
How much is a 1986 Ford Mustang GT Convertible worth?
A 1986 Ford Mustang GT Convertible is worth approximately $12,337, based on 27 verified auction sales tracked by DriveIndex. No sale since Feb 16, 2026, so this value may not reflect today's market. Half of all verified sales fall between $11,000 and $16,500; the full verified range is $10,000 to $30,800. Condition, mileage and options move an individual car within that band.
How much did a 1986 Ford Mustang GT Convertible cost new?
The 1986 Ford Mustang GT Convertible carried an original MSRP of $14,523. Its DriveIndex market value is $12,337. No sale since Feb 16, 2026, so this value may not reflect today's market.
How much has the 1986 Ford Mustang GT Convertible depreciated?
The 1986 Ford Mustang GT Convertible is worth about 15% less than it cost new: it carried an original MSRP of $14,523, and its DriveIndex market value is $12,337. That compares the DriveIndex value with the sticker price, not adjusted for inflation. No sale since Feb 16, 2026, so this value may not reflect today's market.
How many 1986 Ford Mustang GT Convertible sell per year?
3 have sold at auction in the past 12 months. DriveIndex has tracked 27 1986 Ford Mustang GT Convertible sales in total.
Are 1986 Ford Mustang GT Convertible sale prices higher or lower than a year ago?
The median 1986 Ford Mustang GT Convertible sale price is down 13.7% over the past 12 months versus the prior year, 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 1986 Ford Mustang GT Convertible?
DriveIndex tracks for-sale listings and auction results for the 1986 Ford Mustang GT Convertible from the world's leading collector-car auction houses and marketplaces.
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