1988 Ford Mustang GT Market Value & Price History
The 1988 Ford Mustang GT has a current market value of $17,165 as of Oct 13, 2026, based on 58 verified auction sales tracked by DriveIndex, with half of the verified USD sales since 2009 between $13,200 and $23,100. Based on US sales through Sep 23, 2026. 3 have sold in the past 12 months, and 11 are listed for sale from $11,000 to $35,000. The median sale price is down 3.1% over the past 12 months versus the prior year.
Data: DriveIndex. 58 verified auction sales for the 1988 Ford Mustang GT, latest sale Sep 23, 2026. Value as of Oct 13, 2026. Methodology
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Last checked Oct 12, 2026, unless a listing shows its own date
1988 Ford Mustang GT Price History
The median 1988 Ford Mustang GT sold for $13,200 in 2025, against $18,250 in 2019. 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 | $13,200 | 3 |
| 2024 | $19,800 | 11 |
| 2023 | $19,525 | 12 |
| 2022 | $21,725 | 4 |
| 2021 | $19,980 | 8 |
| 2020 | $13,000 | 5 |
| 2019 | $18,250 | 5 |
Years with fewer than three verified USD sales are omitted — a one-sale “median” is a single car, not a market.
Recent 1988 Ford Mustang GT Auction Results
| Sold | Price | Mileage | Gearbox |
|---|---|---|---|
| Sep 23, 2026 | $11,000 | 97,043 mi | Manual |
| Apr 16, 2026 | $14,300 | — | — |
| Dec 5, 2025 | $22,000 | 68,719 mi | Manual |
| Jul 24, 2025 | $13,200 | 36,907 mi | Manual |
| Jan 20, 2025 | $8,800 | — | — |
| Dec 9, 2024 | $14,750 | 28,000 mi | Manual |
| Nov 9, 2024 | $15,500 | 90,000 mi | Manual |
| Oct 30, 2024 | $37,000 | 68,000 mi | Manual |
| Sep 7, 2024 | $44,000 | — | — |
| May 12, 2024 | $19,800 | 28,561 mi | Manual |
| Apr 15, 2024 | $13,999 | 50,000 mi | Manual |
| Apr 6, 2024 | $14,300 | 71,047 mi | Automatic |
| Feb 17, 2024 | $29,250 | 8,000 mi | Manual |
| Jan 22, 2024 | $26,250 | 17,000 mi | Manual |
| Jan 10, 2024 | $25,300 | 49,770 mi | Manual |
Verified results from the world's leading collector-car auction houses and marketplaces.
All Ford Mustang GT auction results →See the full picture on the 1988 Ford Mustang GT
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Ford Mustang GT by Year
Which Mustang GT year should you buy? Every year compared →1988 Ford Mustang GT: Frequently Asked Questions
How much is a 1988 Ford Mustang GT worth?
A 1988 Ford Mustang GT is worth approximately $17,165 as of Oct 13, 2026, based on 58 verified auction sales tracked by DriveIndex. Based on US sales through Sep 23, 2026. Half of all verified sales fall between $13,200 and $23,100; the full verified range is $8,800 to $66,000. Condition, mileage and options move an individual car within that band.
How much did a 1988 Ford Mustang GT cost new?
The 1988 Ford Mustang GT carried an original MSRP of $12,745. Verified examples now trade around $17,165.
How much has the 1988 Ford Mustang GT depreciated?
It hasn't depreciated. The 1988 Ford Mustang GT is worth about 35% more than its original MSRP of $12,745, with verified examples now trading around $17,165. That compares today's value with the sticker price, not adjusted for inflation.
How many 1988 Ford Mustang GT sell per year?
3 have sold at auction in the past 12 months. DriveIndex has tracked 58 1988 Ford Mustang GT sales in total.
Are 1988 Ford Mustang GT sale prices higher or lower than a year ago?
The median 1988 Ford Mustang GT sale price is down 3.1% 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 1988 Ford Mustang GT?
DriveIndex lists 11 1988 Ford Mustang GT for sale, priced from $11,000 to $35,000 (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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