1989 Ford Mustang Market Value & Price History
The 1989 Ford Mustang has a current market value of $17,401 as of Oct 7, 2026, based on 23 verified auction sales tracked by DriveIndex, with half of the verified USD sales since 2013 between $13,200 and $24,200. Based on US sales through May 14, 2026. 2 have sold in the past 12 months, and 25 are listed for sale from $12,995 to $170,000.
Data: DriveIndex. 23 verified auction sales for the 1989 Ford Mustang, latest sale May 14, 2026. Value as of Oct 7, 2026. Methodology
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Open the Mustang on DriveIndex →1989 Ford Mustang For Sale (25)
Last checked Oct 6, 2026, unless a listing shows its own date
1989 Ford Mustang Price History
The median 1989 Ford Mustang sold for $18,750 in 2025, against $17,500 in 2020. 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 |
|---|---|---|
| 2025 | $18,750 | 3 |
| 2024 | $17,700 | 4 |
| 2022 | $22,000 | 5 |
| 2020 | $17,500 | 3 |
Years with fewer than three verified USD sales are omitted — a one-sale “median” is a single car, not a market.
Recent 1989 Ford Mustang Auction Results
| Sold | Price | Mileage | Gearbox |
|---|---|---|---|
| May 14, 2026 | $11,000 | 69,973 mi | Manual |
| Mar 28, 2026 | $13,750 | — | — |
| Sep 19, 2025 | $18,750 | 17,952 mi | — |
| Aug 4, 2025 | $10,500 | 75,400 mi | Manual |
| May 16, 2025 | $30,800 | 60,046 mi | Manual |
| Jul 27, 2024 | $22,750 | 18,000 mi | Manual |
| May 15, 2024 | $12,650 | 91,007 mi | Manual |
| Jan 6, 2024 | $29,700 | 9,389 mi | Automatic |
| Jan 5, 2024 | $11,550 | 431 mi | Manual |
| Dec 1, 2023 | $21,000 | 12,526 mi | — |
| Sep 29, 2023 | $18,150 | — | Automatic |
| Oct 14, 2022 | $12,650 | — | — |
| Oct 13, 2022 | $22,000 | — | Automatic |
| May 18, 2022 | $26,400 | — | Manual |
| Jan 13, 2022 | $25,300 | — | 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 1989 Ford Mustang
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Ford Mustang by Year
Which Mustang year should you buy? Every year compared →1989 Ford Mustang: Frequently Asked Questions
How much is a 1989 Ford Mustang worth?
A 1989 Ford Mustang is worth approximately $17,401 as of Oct 7, 2026, based on 23 verified auction sales tracked by DriveIndex. Based on US sales through May 14, 2026. Half of all verified sales fall between $13,200 and $24,200; the full verified range is $10,500 to $31,350. Condition, mileage and options move an individual car within that band.
How much did a 1989 Ford Mustang cost new?
The 1989 Ford Mustang carried an original MSRP of $9,050. Verified examples now trade around $17,401.
How much has the 1989 Ford Mustang depreciated?
It hasn't depreciated. The 1989 Ford Mustang is worth about 92% more than its original MSRP of $9,050, with verified examples now trading around $17,401. That compares today's value with the sticker price, not adjusted for inflation.
How many 1989 Ford Mustang sell per year?
2 have sold at auction in the past 12 months. DriveIndex has tracked 23 1989 Ford Mustang sales in total.
Are 1989 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 1989 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 1989 Ford Mustang?
DriveIndex lists 25 1989 Ford Mustang for sale, priced from $12,995 to $170,000 (last checked Oct 6, 2026). DriveIndex aggregates for-sale listings and auction results from the world's leading collector-car auction houses and marketplaces.
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