Ford Mustang LX Convertible Market Value & Price History
The Ford Mustang LX Convertible has a market value of $14,450 to $20,323 depending on year and condition, based on 13 verified auction sales across 3 model years (1988–1992). Individual examples have sold from $8,800 to $35,000, with 4 sold in the past 12 months. 12 are listed for sale.
Ford Mustang LX Convertible Value by Year
What members see for the Ford Mustang LX Convertible
The value above is the headline. Members get the full picture behind it.
- All 13 sold prices across every year, and where each one sold
- The live Value Signal, and how confident it is
- A 1–5 year value projection
- A Buy / Hold / Sell call
- An alert the moment one lists or sells
- The best and worst months to buy and sell
- An estimated market-bottom date
- Whether each of the 12 asks listed for sale is fair
- Deal Radar: underpriced listings across the market
Not ready? A free account shows the current value and recent sale dates.
Recent Ford Mustang LX Convertible Auction Results
| Sold | Year | Price | Mileage |
|---|---|---|---|
| Sep 5, 2026 | 1988 | $10,750 | 13,000 mi |
| Jul 22, 2026 | 1992 | $16,500 | 42,540 mi |
| Jun 25, 2026 | 1988 | $18,150 | — |
| May 13, 2026 | 1991 | $20,900 | 18,264 mi |
| Oct 10, 2024 | 1992 | $8,800 | — |
| Jul 29, 2022 | 1992 | $16,500 | — |
| Mar 31, 2022 | 1992 | $15,400 | — |
| Mar 18, 2022 | 1992 | $35,000 | 3,337 mi |
| Jan 13, 2022 | 1992 | $20,900 | 38,000 mi |
| Jan 7, 2022 | 1992 | $13,200 | — |
| Mar 24, 2021 | 1992 | $11,000 | — |
| Jun 29, 2019 | 1991 | $17,050 | — |
Ford Mustang LX Convertible: Frequently Asked Questions
How much is a Ford Mustang LX Convertible worth?
Ford Mustang LX Convertible market values range from $14,450 to $20,323 depending on the model year, mileage, and condition. Recent auction sales span $8,800 to $35,000. See the year-by-year breakdown below.
Which Ford Mustang LX Convertible year is best?
DriveIndex tracks the market value of every Ford Mustang LX Convertible year (1988–1992), listed year by year on this page. Whether each year is appreciating, stable or depreciating is DriveIndex's Value Signal, a Pro feature, which also includes a 1–5 year projection.
How many Ford Mustang LX Convertible sell per year?
4 Ford Mustang LX Convertible have sold at auction in the past 12 months across all years; DriveIndex has tracked 13 sales in total.
Where can I buy a Ford Mustang LX Convertible?
DriveIndex lists 12 Ford Mustang LX Convertible for sale (last checked Sep 29, 2026), aggregated from the world's leading collector-car auction houses and marketplaces.