1998 Ford Mustang Market Value & Price History
The 1998 Ford Mustang has a market value of $11,298, based on 6 verified auction sales tracked by DriveIndex, with all 6 verified USD sales between $10,250 and $15,370. No sale since Sep 7, 2022, so this value may not reflect today's market. 13 are listed for sale from $12,495 to $89,997.
Data: DriveIndex. 6 verified auction sales for the 1998 Ford Mustang, latest sale Sep 7, 2022. Methodology
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- All 6 sold prices, and where each one sold
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- An estimated market-bottom date
- Whether each of the 13 asks listed for sale is fair
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Open the Mustang on DriveIndex →1998 Ford Mustang For Sale (13)
Last checked Oct 6, 2026, unless a listing shows its own date
Recent 1998 Ford Mustang Auction Results
| Sold | Price | Mileage | Gearbox |
|---|---|---|---|
| Sep 7, 2022 | $10,450 | — | Manual |
| Nov 19, 2021 | $15,370 | — | — |
| May 21, 2021 | $12,650 | — | — |
| Apr 7, 2018 | $12,100 | — | Automatic |
| Oct 10, 2014 | $12,650 | — | Manual |
| May 19, 2012 | $10,250 | — | 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 1998 Ford Mustang
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Ford Mustang by Year
Which Mustang year should you buy? Every year compared →1998 Ford Mustang: Frequently Asked Questions
How much is a 1998 Ford Mustang worth?
A 1998 Ford Mustang is worth approximately $11,298, based on 6 verified auction sales tracked by DriveIndex. No sale since Sep 7, 2022, so this value may not reflect today's market. All 6 verified USD sales fall between $10,250 and $15,370. Condition, mileage and options move an individual car within that band.
How much did a 1998 Ford Mustang cost new?
The 1998 Ford Mustang carried an original MSRP of $15,970. Its DriveIndex market value is $11,298. No sale since Sep 7, 2022, so this value may not reflect today's market.
How much has the 1998 Ford Mustang depreciated?
The 1998 Ford Mustang is worth about 29% less than it cost new: it carried an original MSRP of $15,970, and its DriveIndex market value is $11,298. That compares the DriveIndex value with the sticker price, not adjusted for inflation. No sale since Sep 7, 2022, so this value may not reflect today's market.
How many 1998 Ford Mustang sell per year?
DriveIndex has tracked 6 1998 Ford Mustang sales at auction.
Are 1998 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 1998 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 1998 Ford Mustang?
DriveIndex lists 13 1998 Ford Mustang for sale, priced from $12,495 to $89,997 (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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