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1998 Ford Mustang SVT Cobra Convertible: market value and price history

1998 Ford Mustang SVT Cobra Convertible Market Value & Price History

The 1998 Ford Mustang SVT Cobra Convertible has a current market value of $13,965, based on 11 verified auction sales tracked by DriveIndex, with sold prices ranging from $12,999 to $24,000. 2 have sold in the past 12 months.

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Market Value
$13,965
Median Sale
$17,000
Price Range
$12,999$24,000
Auction Sales
11
Avg Mileage
38,776

Data: DriveIndex. 11 verified auction sales for the 1998 Ford Mustang SVT Cobra Convertible, latest sale Jan 16, 2026. Methodology

1998 Ford Mustang SVT Cobra Convertible Specifications

It carried an original MSRP of $28,510.

Original MSRP
$28,510
Is the 1998 Ford Mustang SVT Cobra Convertible a good buy right now?

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Recent 1998 Ford Mustang SVT Cobra Convertible Auction Results

SoldPriceMileage
Jan 16, 2026$12,99949,000 mi
Sep 25, 2025$17,00029,000 mi
Jan 8, 2025$18,70062,173 mi
Dec 22, 2024$13,25029,000 mi
Jun 7, 2024$13,20062,170 mi
Apr 5, 2024$13,75060,777 mi
Jan 24, 2024$16,500
Aug 31, 2023$24,0006,000 mi
Apr 4, 2023$22,3507,000 mi
Feb 28, 2023$19,00071,255 mi
Jan 12, 2023$22,00011,386 mi

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

All Ford Mustang SVT Cobra Convertible auction results →

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Ford Mustang SVT Cobra Convertible by Year

All Mustang SVT Cobra Convertible20042003200119991998199719961995

1998 Ford Mustang SVT Cobra Convertible: Frequently Asked Questions

How much is a 1998 Ford Mustang SVT Cobra Convertible worth?

The 1998 Ford Mustang SVT Cobra Convertible has a market value of approximately $13,965, based on 11 verified auction sales. Recent examples have sold between $12,999 and $24,000.

How many 1998 Ford Mustang SVT Cobra Convertible sell per year?

2 have sold at auction in the past 12 months. DriveIndex has tracked 11 sales in total.

Is the 1998 Ford Mustang SVT Cobra Convertible appreciating or depreciating?

There aren't yet enough recent sales to compute a reliable 12-month price direction for the 1998 Ford Mustang SVT Cobra Convertible. For the full Value Signal classification (appreciating, stable, bottomed, or depreciating) and its 1–5 year projection, open the 1998 Ford Mustang SVT Cobra Convertible on DriveIndex.

Where can I buy a 1998 Ford Mustang SVT Cobra Convertible?

DriveIndex tracks for-sale listings and auction results for the 1998 Ford Mustang SVT Cobra Convertible from the world's leading collector-car auction houses and marketplaces.

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