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1992 Ford Mustang LX 5.0 Summer Edition Convertible: market value and price history

1992 Ford Mustang LX 5.0 Summer Edition Convertible Market Value & Price History

The 1992 Ford Mustang LX 5.0 Summer Edition Convertible has a current market value of $17,321 as of Nov 4, 2026, based on 24 verified auction sales tracked by DriveIndex, with half of the verified USD sales since 2014 between $16,500 and $25,487. Based on US sales through Jul 17, 2026. 5 have sold in the past 12 months. The median sale price is down 30.6% over the past 12 months versus the prior year.

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Market Value
$17,321
Sales through Jul 2026
Median Sale
$22,550
Typical Range
$16,500 – $25,487
middle half of sales · full $12,750–$39,250
Auction Sales
24
Avg Mileage
31,393
Original MSRP
$21,520

Data: DriveIndex. 24 verified auction sales for the 1992 Ford Mustang LX 5.0 Summer Edition Convertible, latest sale Jul 17, 2026. Value as of Nov 4, 2026. Methodology

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1992 Ford Mustang LX 5.0 Summer Edition Convertible Price History

The median 1992 Ford Mustang LX 5.0 Summer Edition Convertible sold for $16,027 in 2026, against $22,000 in 2021. 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.

YearMedian saleSales
2026$16,0275
2025$23,1003
2023$25,4875
2022$25,3003
2021$22,0003

Years with fewer than three verified USD sales are omitted — a one-sale “median” is a single car, not a market.

Recent 1992 Ford Mustang LX 5.0 Summer Edition Convertible Auction Results

SoldPriceMileageGearbox
Jul 17, 2026$16,00069,900 miManual
Jun 22, 2026$16,02770,000 miManual
Jun 10, 2026$20,00039,000 miManual
May 19, 2026$13,37597,800 miManual
Feb 12, 2026$17,25051,800 miManual
Aug 23, 2025$12,75064,000 miAutomatic
Aug 1, 2025$39,2503,500 miManual
Mar 19, 2025$23,10011,080 miAutomatic
Jul 11, 2024$13,20048,631 miAutomatic
May 15, 2024$25,30010,958 miAutomatic
Sep 25, 2023$15,50027,000 miManual
Jul 18, 2023$25,75018,000 miAutomatic
May 18, 2023$26,40017,981 mi—
Mar 14, 2023$25,48718,000 miAutomatic
Jan 12, 2023$23,10017,570 miAutomatic

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

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1992 Ford Mustang LX 5.0 Summer Edition Convertible: Frequently Asked Questions

How much is a 1992 Ford Mustang LX 5.0 Summer Edition Convertible worth?

A 1992 Ford Mustang LX 5.0 Summer Edition Convertible is worth approximately $17,321 as of Nov 4, 2026, based on 24 verified auction sales tracked by DriveIndex. Based on US sales through Jul 17, 2026. Half of all verified sales fall between $16,500 and $25,487; the full verified range is $12,750 to $39,250. Condition, mileage and options move an individual car within that band.

How much did a 1992 Ford Mustang LX 5.0 Summer Edition Convertible cost new?

The 1992 Ford Mustang LX 5.0 Summer Edition Convertible carried an original MSRP of $21,520. Verified examples now trade around $17,321.

How much has the 1992 Ford Mustang LX 5.0 Summer Edition Convertible depreciated?

The 1992 Ford Mustang LX 5.0 Summer Edition Convertible is worth about 20% less than it cost new: it carried an original MSRP of $21,520, and verified examples now trade around $17,321. That compares today's value with the sticker price, not adjusted for inflation.

How many 1992 Ford Mustang LX 5.0 Summer Edition Convertible sell per year?

5 have sold at auction in the past 12 months. DriveIndex has tracked 24 1992 Ford Mustang LX 5.0 Summer Edition Convertible sales in total.

Are 1992 Ford Mustang LX 5.0 Summer Edition Convertible sale prices higher or lower than a year ago?

The median 1992 Ford Mustang LX 5.0 Summer Edition Convertible sale price is down 30.6% 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 1992 Ford Mustang LX 5.0 Summer Edition Convertible?

DriveIndex tracks for-sale listings and auction results for the 1992 Ford Mustang LX 5.0 Summer Edition Convertible from the world's leading collector-car auction houses and marketplaces.

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