1998 Ford Mustang GT Convertible Market Value & Price History
The 1998 Ford Mustang GT Convertible has a market value of $14,667, based on 8 verified auction sales tracked by DriveIndex, with half of the verified USD sales since 2018 between $10,500 and $15,400. No sale since Jan 9, 2026, so this value may not reflect today's market. 2 have sold in the past 12 months, and 4 are listed for sale from $10,804 to $15,000.
Data: DriveIndex. 8 verified auction sales for the 1998 Ford Mustang GT Convertible, latest sale Jan 9, 2026. Methodology
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Last checked Oct 12, 2026, unless a listing shows its own date
Recent 1998 Ford Mustang GT Convertible Auction Results
| Sold | Price | Mileage | Gearbox |
|---|---|---|---|
| Jan 9, 2026 | $35,200 | 264 mi | Manual |
| Dec 19, 2025 | $10,500 | 27,000 mi | Automatic |
| Apr 5, 2025 | $15,400 | 17,492 mi | Manual |
| Feb 10, 2022 | $22,575 | — | — |
| May 18, 2021 | $15,000 | 19,000 mi | Automatic |
| May 14, 2021 | $10,450 | — | Manual |
| Apr 8, 2021 | $12,650 | — | Automatic |
| Oct 4, 2018 | $10,450 | — | — |
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 1998 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 →1998 Ford Mustang GT Convertible: Frequently Asked Questions
How much is a 1998 Ford Mustang GT Convertible worth?
A 1998 Ford Mustang GT Convertible is worth approximately $14,667, based on 8 verified auction sales tracked by DriveIndex. No sale since Jan 9, 2026, so this value may not reflect today's market. Half of all verified sales fall between $10,500 and $15,400; the full verified range is $10,450 to $35,200. Condition, mileage and options move an individual car within that band.
How much did a 1998 Ford Mustang GT Convertible cost new?
The 1998 Ford Mustang GT Convertible carried an original MSRP of $22,660. Its DriveIndex market value is $14,667. No sale since Jan 9, 2026, so this value may not reflect today's market.
How much has the 1998 Ford Mustang GT Convertible depreciated?
The 1998 Ford Mustang GT Convertible is worth about 35% less than it cost new: it carried an original MSRP of $22,660, and its DriveIndex market value is $14,667. That compares the DriveIndex value with the sticker price, not adjusted for inflation. No sale since Jan 9, 2026, so this value may not reflect today's market.
How many 1998 Ford Mustang GT Convertible sell per year?
2 have sold at auction in the past 12 months. DriveIndex has tracked 8 1998 Ford Mustang GT Convertible sales in total.
Are 1998 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 1998 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 1998 Ford Mustang GT Convertible?
DriveIndex lists 4 1998 Ford Mustang GT Convertible for sale, priced from $10,804 to $15,000 (last checked Oct 12, 2026). DriveIndex aggregates for-sale listings and auction results from the world's leading collector-car auction houses and marketplaces.
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