1989 Ford Mustang GT Market Value & Price History
The 1989 Ford Mustang GT has a market value of $26,444, based on 54 verified auction sales tracked by DriveIndex, with half of the verified USD sales since 2015 between $14,850 and $27,500. No sale since Aug 4, 2025, so this value may not reflect today's market. 11 are listed for sale from $19,000 to $60,000.
Data: DriveIndex. 54 verified auction sales for the 1989 Ford Mustang GT, latest sale Aug 4, 2025. Methodology
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- All 54 sold prices, and where each one sold
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- An estimated market-bottom date
- Whether each of the 11 asks listed for sale is fair
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Last checked Oct 12, 2026, unless a listing shows its own date
1989 Ford Mustang GT Price History
The median 1989 Ford Mustang GT sold for $28,500 in 2025, against $25,300 in 2018. 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 | $28,500 | 5 |
| 2024 | $24,200 | 7 |
| 2023 | $19,800 | 9 |
| 2022 | $23,100 | 10 |
| 2021 | $21,425 | 10 |
| 2020 | $23,125 | 4 |
| 2019 | $12,100 | 3 |
| 2018 | $25,300 | 3 |
Years with fewer than three verified USD sales are omitted — a one-sale “median” is a single car, not a market.
Recent 1989 Ford Mustang GT Auction Results
| Sold | Price | Mileage | Gearbox |
|---|---|---|---|
| Aug 4, 2025 | $28,500 | 16,000 mi | Manual |
| Jul 10, 2025 | $19,250 | 43,740 mi | Manual |
| Mar 21, 2025 | $12,700 | 75,600 mi | Automatic |
| Jan 20, 2025 | $52,500 | 987 mi | Automatic |
| Jan 15, 2025 | $31,900 | 62,115 mi | Manual |
| Dec 6, 2024 | $24,200 | 54,763 mi | Manual |
| Sep 20, 2024 | $14,300 | 34,149 mi | — |
| Jul 18, 2024 | $16,050 | 48,000 mi | Manual |
| Jun 8, 2024 | $34,100 | 3,258 mi | Manual |
| Jun 1, 2024 | $28,876 | 18,000 mi | Automatic |
| May 23, 2024 | $15,700 | 33,700 mi | Manual |
| Apr 5, 2024 | $33,000 | 3,256 mi | Manual |
| Sep 22, 2023 | $15,950 | 34,049 mi | — |
| Jul 7, 2023 | $31,900 | 23,559 mi | Automatic |
| Mar 31, 2023 | $37,400 | 3,195 mi | — |
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 1989 Ford Mustang GT
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Ford Mustang GT by Year
Which Mustang GT year should you buy? Every year compared →1989 Ford Mustang GT: Frequently Asked Questions
How much is a 1989 Ford Mustang GT worth?
A 1989 Ford Mustang GT is worth approximately $26,444, based on 54 verified auction sales tracked by DriveIndex. No sale since Aug 4, 2025, so this value may not reflect today's market. Half of all verified sales fall between $14,850 and $27,500; the full verified range is $10,669 to $52,500. Condition, mileage and options move an individual car within that band.
How much did a 1989 Ford Mustang GT cost new?
The 1989 Ford Mustang GT carried an original MSRP of $13,272. Its DriveIndex market value is $26,444. No sale since Aug 4, 2025, so this value may not reflect today's market.
How much has the 1989 Ford Mustang GT depreciated?
It hasn't depreciated. The 1989 Ford Mustang GT is worth about 99% more than its original MSRP of $13,272, with a DriveIndex market value of $26,444. That compares the DriveIndex value with the sticker price, not adjusted for inflation. No sale since Aug 4, 2025, so this value may not reflect today's market.
How many 1989 Ford Mustang GT sell per year?
DriveIndex has tracked 54 1989 Ford Mustang GT sales at auction.
Are 1989 Ford Mustang GT 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 1989 Ford Mustang GT. 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 1989 Ford Mustang GT?
DriveIndex lists 11 1989 Ford Mustang GT for sale, priced from $19,000 to $60,000 (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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