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1978 Ford Mustang II King Cobra: market value and price history

1978 Ford Mustang II King Cobra Market Value & Price History

The 1978 Ford Mustang II King Cobra has a current market value of $33,630 as of Nov 14, 2026, based on 11 verified auction sales tracked by DriveIndex, with half of the verified USD sales since 2020 between $19,800 and $35,000. Based on US sales through Sep 24, 2026. 2 have sold in the past 12 months.

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Market Value
$33,630
Sales through Sep 2026
Median Sale
$22,000
Typical Range
$19,800 – $35,000
middle half of sales · full $13,251–$37,400
Auction Sales
11
Avg Mileage
56,617
Original MSRP
$5,638

Data: DriveIndex. 11 verified auction sales for the 1978 Ford Mustang II King Cobra, latest sale Sep 24, 2026. Value as of Nov 14, 2026. Methodology

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Recent 1978 Ford Mustang II King Cobra Auction Results

SoldPriceMileageGearbox
Sep 24, 2026$34,10021,948 miManual
Jul 16, 2026$35,00044,000 mi—
Oct 31, 2025$22,00036,571 mi—
Jul 10, 2025$13,25169,000 miManual
Aug 28, 2024$21,50065,000 miAutomatic
Sep 22, 2023$19,80099,471 miAutomatic
May 17, 2023$37,40036,563 miManual
Jan 12, 2023$24,200—Automatic
Oct 15, 2021$36,300—Automatic
Jul 20, 2021$18,00074,000 mi—
Aug 24, 2020$18,25063,000 mi—

Verified results from the world's leading collector-car auction houses and marketplaces.

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1978 Ford Mustang II King Cobra: Frequently Asked Questions

How much is a 1978 Ford Mustang II King Cobra worth?

A 1978 Ford Mustang II King Cobra is worth approximately $33,630 as of Nov 14, 2026, based on 11 verified auction sales tracked by DriveIndex. Based on US sales through Sep 24, 2026. Half of all verified sales fall between $19,800 and $35,000; the full verified range is $13,251 to $37,400. Condition, mileage and options move an individual car within that band.

How much did a 1978 Ford Mustang II King Cobra cost new?

The 1978 Ford Mustang II King Cobra carried an original MSRP of $5,638. Verified examples now trade around $33,630.

How much has the 1978 Ford Mustang II King Cobra depreciated?

It hasn't depreciated. The 1978 Ford Mustang II King Cobra is worth about 496% more than its original MSRP of $5,638, with verified examples now trading around $33,630. That compares today's value with the sticker price, not adjusted for inflation.

How many 1978 Ford Mustang II King Cobra sell per year?

2 have sold at auction in the past 12 months. DriveIndex has tracked 11 1978 Ford Mustang II King Cobra sales in total.

Are 1978 Ford Mustang II King Cobra 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 1978 Ford Mustang II King Cobra. 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 1978 Ford Mustang II King Cobra?

DriveIndex tracks for-sale listings and auction results for the 1978 Ford Mustang II King Cobra from the world's leading collector-car auction houses and marketplaces.

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Track the Ford Mustang II King Cobra on DriveIndex

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