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1994 Ford Mustang SVT Cobra Pace Car Convertible: market value and price history

1994 Ford Mustang SVT Cobra Pace Car Convertible Market Value & Price History

The 1994 Ford Mustang SVT Cobra Pace Car Convertible has a current market value of $26,400 as of Oct 13, 2026, based on 69 verified auction sales tracked by DriveIndex, with half of the verified USD sales since 2006 between $17,600 and $30,250. Based on US sales through Jun 26, 2026. 5 have sold in the past 12 months, and 6 are listed for sale from $20,480 to $49,995. The median sale price is up 33.3% over the past 12 months versus the prior year.

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Market Value
$26,400
Sales through Jun 2026
Median Sale
$24,000
Typical Range
$17,600 – $30,250
middle half of sales · full $10,450–$48,400
Auction Sales
69
Avg Mileage
18,792
For Sale
6
Last checked Oct 12, 2026
Original MSRP
$23,535

Data: DriveIndex. 69 verified auction sales for the 1994 Ford Mustang SVT Cobra Pace Car Convertible, latest sale Jun 26, 2026. Value as of Oct 13, 2026. Methodology

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1994 Ford Mustang SVT Cobra Pace Car Convertible For Sale (6)

Last checked Oct 12, 2026, unless a listing shows its own date

1994 Ford Mustang SVT Cobra
82,731 mi · Selden Motors ↗
$20,480
1994 Ford Mustang Cobra
2,404 mi · Crest Auto Group ↗
$27,500
1994 Ford Mustang SVT Cobra
21,919 mi · Exotic Car Trader ↗
$28,199
1994 Ford Mustang SVT Cobra
25,734 mi · D-Patrick Ford Lincoln ↗
Last checked Oct 10, 2026
$29,456
1994 Ford Mustang Cobra
23,635 mi · Krieger Ford ↗
$30,924
1994 Ford Mustang Cobra
133 mi · ZRV Auto Inc. ↗
$49,995
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1994 Ford Mustang SVT Cobra Pace Car Convertible Price History

The median 1994 Ford Mustang SVT Cobra Pace Car Convertible sold for $33,000 in 2026, against $20,350 in 2017. 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$33,0005
2025$23,10011
2024$17,0509
2023$24,00011
2022$27,50011
2017$20,3505

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

Recent 1994 Ford Mustang SVT Cobra Pace Car Convertible Auction Results

SoldPriceMileageGearbox
Jun 26, 2026$18,700—Manual
Jun 2, 2026$13,69679,200 miManual
Jan 16, 2026$42,90011 mi—
Jan 10, 2026$34,10036 miManual
Jan 9, 2026$33,000154 mi—
Sep 18, 2025$16,00031,000 miManual
Jul 24, 2025$15,25011,468 miManual
Jun 19, 2025$30,00022 miManual
May 16, 2025$41,80022 mi—
May 16, 2025$33,00031 mi—
Feb 19, 2025$13,91030,076 miManual
Jan 15, 2025$23,1001,844 mi—
Jan 14, 2025$16,5004,892 mi—
Jan 12, 2025$26,400168 mi—
Jan 11, 2025$29,700794 mi—

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

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1994 Ford Mustang SVT Cobra Pace Car Convertible: Frequently Asked Questions

How much is a 1994 Ford Mustang SVT Cobra Pace Car Convertible worth?

A 1994 Ford Mustang SVT Cobra Pace Car Convertible is worth approximately $26,400 as of Oct 13, 2026, based on 69 verified auction sales tracked by DriveIndex. Based on US sales through Jun 26, 2026. Half of all verified sales fall between $17,600 and $30,250; the full verified range is $10,450 to $48,400. Condition, mileage and options move an individual car within that band.

How much did a 1994 Ford Mustang SVT Cobra Pace Car Convertible cost new?

The 1994 Ford Mustang SVT Cobra Pace Car Convertible carried an original MSRP of $23,535. Verified examples now trade around $26,400.

How much has the 1994 Ford Mustang SVT Cobra Pace Car Convertible depreciated?

It hasn't depreciated. The 1994 Ford Mustang SVT Cobra Pace Car Convertible is worth about 12% more than its original MSRP of $23,535, with verified examples now trading around $26,400. That compares today's value with the sticker price, not adjusted for inflation.

How many 1994 Ford Mustang SVT Cobra Pace Car Convertible sell per year?

5 have sold at auction in the past 12 months. DriveIndex has tracked 69 1994 Ford Mustang SVT Cobra Pace Car Convertible sales in total.

Are 1994 Ford Mustang SVT Cobra Pace Car Convertible sale prices higher or lower than a year ago?

The median 1994 Ford Mustang SVT Cobra Pace Car Convertible sale price is up 33.3% 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 1994 Ford Mustang SVT Cobra Pace Car Convertible?

DriveIndex lists 6 1994 Ford Mustang SVT Cobra Pace Car Convertible for sale, priced from $20,480 to $49,995 (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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