1994 Ford Mustang GT Convertible Market Value & Price History
The 1994 Ford Mustang GT Convertible has a current market value of $17,155 as of Nov 4, 2026, based on 19 verified auction sales tracked by DriveIndex, with half of the verified USD sales since 2014 between $13,200 and $19,800. Based on US sales through Sep 23, 2026. 2 have sold in the past 12 months, and 4 are listed for sale (1 at auction), asking $13,722 to $15,110.
Data: DriveIndex. 19 verified auction sales for the 1994 Ford Mustang GT Convertible, latest sale Sep 23, 2026. Value as of Nov 4, 2026. Methodology
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Last checked Nov 3, 2026, unless a listing shows its own date
This 1994 Ford Mustang GT Convertible is at auction or coming up for sale in our latest check. When and where it closes, and the latest bid, are in the DriveIndex app with Pro.
See the auction with Pro →1994 Ford Mustang GT Convertible Price History
The median 1994 Ford Mustang GT Convertible sold for $19,800 in 2024, against $15,400 in 2022. 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 |
|---|---|---|
| 2024 | $19,800 | 3 |
| 2023 | $11,000 | 3 |
| 2022 | $15,400 | 3 |
Years with fewer than three verified USD sales are omitted — a one-sale “median” is a single car, not a market.
Recent 1994 Ford Mustang GT Convertible Auction Results
| Sold | Price | Mileage | Gearbox |
|---|---|---|---|
| Sep 23, 2026 | $15,400 | 79,492 mi | Automatic |
| Aug 19, 2026 | $15,500 | 13,000 mi | Automatic |
| May 3, 2025 | $28,000 | — | — |
| Oct 31, 2024 | $28,500 | 681 mi | Manual |
| Oct 25, 2024 | $10,250 | 18,900 mi | Automatic |
| Aug 15, 2024 | $19,800 | 641 mi | Manual |
| Jul 26, 2023 | $10,450 | 86,412 mi | Automatic |
| Jul 6, 2023 | $11,000 | 72,716 mi | Automatic |
| Jun 7, 2023 | $17,000 | 21,000 mi | Manual |
| May 14, 2022 | $15,400 | — | Automatic |
| Apr 1, 2022 | $13,200 | — | Manual |
| Jan 12, 2022 | $15,400 | 37,000 mi | Automatic |
| Mar 16, 2021 | $18,000 | 265 mi | Automatic |
| Jan 4, 2020 | $11,550 | — | Manual |
| Jan 17, 2019 | $26,400 | — | Automatic |
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 1994 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 →1994 Ford Mustang GT Convertible: Frequently Asked Questions
How much is a 1994 Ford Mustang GT Convertible worth?
A 1994 Ford Mustang GT Convertible is worth approximately $17,155 as of Nov 4, 2026, based on 19 verified auction sales tracked by DriveIndex. Based on US sales through Sep 23, 2026. Half of all verified sales fall between $13,200 and $19,800; the full verified range is $10,250 to $28,500. Condition, mileage and options move an individual car within that band.
How much did a 1994 Ford Mustang GT Convertible cost new?
The 1994 Ford Mustang GT Convertible carried an original MSRP of $21,970. Verified examples now trade around $17,155.
How much has the 1994 Ford Mustang GT Convertible depreciated?
The 1994 Ford Mustang GT Convertible is worth about 22% less than it cost new: it carried an original MSRP of $21,970, and verified examples now trade around $17,155. That compares today's value with the sticker price, not adjusted for inflation.
How many 1994 Ford Mustang GT Convertible sell per year?
2 have sold at auction in the past 12 months. DriveIndex has tracked 19 1994 Ford Mustang GT Convertible sales in total.
Are 1994 Ford Mustang GT 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 1994 Ford Mustang GT 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 1994 Ford Mustang GT Convertible?
DriveIndex lists 4 1994 Ford Mustang GT Convertible for sale (1 at auction), asking $13,722 to $15,110 (last checked Nov 4, 2026). DriveIndex aggregates for-sale listings and auction results from the world's leading collector-car auction houses and marketplaces.
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