2016 Ford Mustang GT Convertible Market Value & Price History
The 2016 Ford Mustang GT Convertible has a market value of $27,263, based on 8 verified auction sales tracked by DriveIndex, with all 7 verified USD sales between $21,250 and $55,000. No comparable sale since May 13, 2025, so this value may not reflect today's market. 28 are listed for sale, asking $14,549 to $40,999.
Data: DriveIndex. 8 verified auction sales for the 2016 Ford Mustang GT Convertible (7 in USD, the basis for every dollar figure here), latest sale May 13, 2025. Methodology
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Last checked Nov 3, 2026, unless a listing shows its own date
Recent 2016 Ford Mustang GT Convertible Auction Results
| Sold | Price | Mileage | Gearbox |
|---|---|---|---|
| May 13, 2025 | $26,750 | 15,500 mi | Automatic |
| Oct 27, 2024 | 33,376 EUR | — | Automatic |
| Oct 16, 2024 | $31,250 | 9,000 mi | Automatic |
| Apr 10, 2024 | $23,500 | 31,300 mi | Automatic |
| Jan 25, 2023 | $21,250 | 85,708 mi | Manual |
| Jan 5, 2023 | $35,200 | — | — |
| Oct 14, 2022 | $40,700 | — | Manual |
| May 18, 2022 | $55,000 | — | — |
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 2016 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 →2016 Ford Mustang GT Convertible: Frequently Asked Questions
How much is a 2016 Ford Mustang GT Convertible worth?
A 2016 Ford Mustang GT Convertible is worth approximately $27,263, based on 8 verified auction sales tracked by DriveIndex. No comparable sale since May 13, 2025, so this value may not reflect today's market. All 7 verified USD sales fall between $21,250 and $55,000. Condition, mileage and options move an individual car within that band.
How much did a 2016 Ford Mustang GT Convertible cost new?
The 2016 Ford Mustang GT Convertible carried an original MSRP of $32,395. Its DriveIndex market value is $27,263. No comparable sale since May 13, 2025, so this value may not reflect today's market.
How much has the 2016 Ford Mustang GT Convertible depreciated?
The 2016 Ford Mustang GT Convertible is worth about 16% less than it cost new: it carried an original MSRP of $32,395, and its DriveIndex market value is $27,263. That compares the DriveIndex value with the sticker price, not adjusted for inflation. No comparable sale since May 13, 2025, so this value may not reflect today's market.
How many 2016 Ford Mustang GT Convertible sell per year?
DriveIndex has tracked 8 2016 Ford Mustang GT Convertible sales at auction.
Are 2016 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 2016 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 2016 Ford Mustang GT Convertible?
DriveIndex lists 28 2016 Ford Mustang GT Convertible for sale, asking $14,549 to $40,999 (last checked Nov 3, 2026). DriveIndex aggregates for-sale listings and auction results from the world's leading collector-car auction houses and marketplaces.
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