1987 Ford Mustang Market Value & Price History
The 1987 Ford Mustang has a market value of $31,200, based on 31 verified auction sales tracked by DriveIndex, with half of the verified USD sales since 2011 between $13,333 and $25,300. No comparable sale since Dec 5, 2025, so this value may not reflect today's market. 1 has sold in the past 12 months, and 17 are listed for sale from $17,500 to $79,900.
Data: DriveIndex. 31 verified auction sales for the 1987 Ford Mustang, latest sale Dec 5, 2025. Methodology
What members see for the 1987 Ford Mustang
The value above is the headline. Members get the full picture behind it.
- All 31 sold prices, 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 17 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.
Unlock the DriveIndex Value Signal to see whether this car is appreciating, stable, or depreciating, its projected value over the next 1–5 years, and the best months to buy and sell.
Open the Mustang on DriveIndex →1987 Ford Mustang For Sale (17)
Last checked Oct 6, 2026, unless a listing shows its own date
1987 Ford Mustang Price History
The median 1987 Ford Mustang sold for $24,000 in 2024, against $16,500 in 2019. 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.
| Year | Median sale | Sales |
|---|---|---|
| 2024 | $24,000 | 5 |
| 2023 | $13,917 | 4 |
| 2019 | $16,500 | 3 |
Years with fewer than three verified USD sales are omitted — a one-sale “median” is a single car, not a market.
Recent 1987 Ford Mustang Auction Results
| Sold | Price | Mileage | Gearbox |
|---|---|---|---|
| Dec 5, 2025 | $35,000 | 18,112 mi | Manual |
| May 10, 2025 | $25,300 | 3,095 mi | Manual |
| Sep 7, 2024 | $55,000 | 18,574 mi | Manual |
| May 11, 2024 | $16,500 | 61,592 mi | Automatic |
| Mar 6, 2024 | $24,000 | 34,000 mi | Manual |
| Feb 14, 2024 | $19,750 | 44,000 mi | Automatic |
| Jan 5, 2024 | $29,700 | 18,911 mi | Manual |
| Dec 1, 2023 | $14,500 | 59,284 mi | — |
| Jun 22, 2023 | $11,000 | — | Automatic |
| Jun 4, 2023 | $13,333 | 95,000 mi | Manual |
| Apr 26, 2023 | $15,000 | 47,800 mi | Automatic |
| Aug 12, 2022 | $18,375 | — | — |
| Jan 12, 2022 | $38,500 | — | Manual |
| Dec 3, 2021 | $13,200 | — | Manual |
| Sep 18, 2021 | $17,600 | — | Automatic |
Verified results from the world's leading collector-car auction houses and marketplaces.
All Ford Mustang auction results →See the full picture on the 1987 Ford Mustang
Browsing is free. Upgrade to unlock the Value Signal™, projections, and the tools collectors use to buy and sell at the right time.
- Full Value Signal™ + confidence: appreciating, stable, or depreciating
- 1–5 year price projections
- Buy / Hold / Sell call per car
- Complete sales & listings feed + up to 10 yrs of history
- Analyst notes & compare up to 4 cars
- Price & custom alerts (make, color, options)
- Portfolio tracker (garage) + analytics
- Everything in Pro, plus:
- Portfolio Outlook (a hold/sell call for every car you own)
- Watchlist Intelligence (act-now calls on the cars you follow)
- Head-to-Head Verdict (compare cars, the data crowns the buy)
- Market Deal Radar (every live ask under market value, catalog-wide)
- Best & worst months to buy and sell
- What each option adds to the price + separate manual vs automatic values
- Listing analyzer with fair-value deal scores
- Rad’s Market Update (his picks & price targets)
Ford Mustang by Year
Which Mustang year should you buy? Every year compared →1987 Ford Mustang: Frequently Asked Questions
How much is a 1987 Ford Mustang worth?
A 1987 Ford Mustang is worth approximately $31,200, based on 31 verified auction sales tracked by DriveIndex. No comparable sale since Dec 5, 2025, so this value may not reflect today's market. Half of all verified sales fall between $13,333 and $25,300; the full verified range is $11,000 to $55,000. Condition, mileage and options move an individual car within that band.
How much did a 1987 Ford Mustang cost new?
The 1987 Ford Mustang carried an original MSRP of $8,271. Its DriveIndex market value is $31,200. No comparable sale since Dec 5, 2025, so this value may not reflect today's market.
How much has the 1987 Ford Mustang depreciated?
It hasn't depreciated. The 1987 Ford Mustang is worth about 277% more than its original MSRP of $8,271, with a DriveIndex market value of $31,200. That compares the DriveIndex value with the sticker price, not adjusted for inflation. No comparable sale since Dec 5, 2025, so this value may not reflect today's market.
How many 1987 Ford Mustang sell per year?
1 has sold at auction in the past 12 months. DriveIndex has tracked 31 1987 Ford Mustang sales in total.
Are 1987 Ford Mustang 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 1987 Ford Mustang. 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 1987 Ford Mustang?
DriveIndex lists 17 1987 Ford Mustang for sale, priced from $17,500 to $79,900 (last checked Oct 6, 2026). DriveIndex aggregates for-sale listings and auction results from the world's leading collector-car auction houses and marketplaces.
More Ford Models
All Ford models →Collections Featuring Ford
Pro unlocks its live Value Signal, every sold price, a 1–5 year projection and an alert the moment one lists or sells. Collector adds the best months to buy and sell and where the market bottoms.
Get Pro →