What Is The Value Of A 1989 Ford Mustang Gt Convertible?

Vehicle Valuation Analysis

How much is a 1989 Mustang convertible?

1989 Ford Mustang GT Convertible · No reserve
Hagerty is valuing these in good condition $13,500, $24K in excellent.

What year is the most sought after Mustang?

The most valuable Mustangs from every generation

• First Generation (1965–73): 1969–70 Boss Mustang 429. Mecum.
• Second Generation (1974–78): 1976–78 Mustang II Cobra II.
• Third Generation (1979–93): 1993 5.0 SVT Cobra R.
• Fourth Generation (1994–04): 2000 Cobra R.
• Fifth Generation (2004–2014): 2013–2014 Shelby GT500 convertible*

Is a Foxbody Mustang a good investment?

Low mileage, original condition Fox Bodies are especially rare, and so they run at especially high price points. A well-modified Fox Body Mustang might also fetch a good price, but only so long as it retains the essential look and feel of a Fox Body.

How much are Foxbody Mustangs worth?

It’s difficult to speak in generalities, as Fox Mustangs include over 100 vehicles with #2-condition (Excellent) values ranging from $7100 to $90,300.

How much is a Ford Mustang convertible worth?

That price is for the base fastback (coupe) model; a base Mustang convertible starts at around $33,000. The Mustang GT, which has a V8 engine instead of the standard turbo-four, retails for about $37,000, and the Mustang Mach 1 carries a price of around $53,000.

What engine is in a 1989 Mustang GT?

1989 Mustang Engine Information – 302 cubic inch V-8 (5.0 L H.O V8)

Do Mustang convertibles hold their value?

A Ford Mustang will depreciate 24% after 5 years and have a 5 year resale value of $37,281. The iconic Ford Mustang does a great job at holding its value, and ranks in the top 25% of popular models at both years 5 and 7.

Will old Mustangs go up in value?

Because the Ford Mustang is known for reliability, its value doesn’t decrease as steadily as other cars the older it gets. Mustangs can even be in merely “acceptable” condition at a certain age, and they will still perform more reliably than other vehicles of the same age in a “good” condition.

What Mustangs will go up in value?

10 Ford Mustangs That’ll Soon Be Worth A Fortune

• 10/10 2008 Ford Mustang Bullitt.
• 9/10 2009 Ford Mustang Iacocca 45th Anniversary Edition.
• 8/10 2012 Ford Mustang Boss 302 Laguna Seca.
• 7/10 2015 Ford Mustang 50th Anniversary Edition.
• 6/10 2022 Ford Mustang GT California Special.
• 5/10 2019 Saleen Mustang 302 Black Label.

What is the most sought after Fox-body Mustang?

The Cobra was unveiled at the Chicago Auto Show in 1992 and marked for 1993 production. Increased performance, new wheels, unique ground effects, and exclusivity make the 1993 SVT Cobra one of the most iconic Fox Body Mustangs ever produced.

What is the most loved Mustang?

The Top 10 Ford Mustangs of All-Time

• 1965 Shelby GT350.
• 1969 Boss 429.
• 1966 Ford Mustang Fastback.
• 2015 Shelby GT350R.
• 1964 Ford Mustang.
• 1993 SVT Cobra.
• 1968 Ford Mustang California Special.
• 2000 Cobra R Mustang.

What year of the Fox-body is the best?

The ’93 SVT Cobra was the first year of the high-performance pony “Cobra” designation and was built through 2004, until being succeeded in 2007 by the Shelby GT500. The ’93 Cobra deserves praise for quite a few reasons: it has the best performance out of any other Fox-body. It had the best brakes and the best looks.

Will the Fox body Mustang be a classic?

The Fox body Ford Mustang lasted from 1979 to 1993, dubbed so because it came riding on Ford’s new and economic Fox platform. It made for one of the most enduring muscle car body styles of all time, and is still lauded as a classic today.

Which Mustang is the rarest?

1967 Ford Shelby GT500 Convertible
1967 Ford Shelby GT500 Convertible
When Ford brought production of Shelby Mustangs in-house, Ford never got around to making the 1967 GT500 convertibles, leaving this rare single version as the only one ever built.

What is the rarest type of Mustang?

1967 Shelby GT500 Convertible
, the 1967 Shelby GT500 Convertible is arguably the rarest Mustang of them all. If you’ve never heard of this Mustang, it’s probably for a good reason—only one exists! In the mid-’60s, the GT500 convertible got held up with production issues due to lack of fiberglass.

Is the Mustang convertible a good car?

The Mustang convertible is a thoroughly capable machine, able to deliver high levels of performance and comfort in equal measure. The GT’s 5.0-liter V8 offers an unyielding amount of power should you ask for it, yet it’s sedate while driving around town.

Is a Mustang convertible a muscle car?

The Ford Mustang Is Not A Muscle Car.

What Mustang was used in the John Wick movie?

1969 Mustang Mach 1
However, according to various sources, the car Reeves drove in the film was actually a 1969 Mustang Mach 1 made to look like a Boss 429. But that’s not the only iconic ride featured in the first Wick film.

How fast was a 1989 Ford Mustang GT?

The exterior remained virtually unchanged for the 89 Mustang, with Ford being content to sell what was a still very popular package. The interior again remained the same, save for one change. Gone was the old federally mandated 85 mph speedometer, replaced with a fitting 140 mph speedo, from the GT.

How much horsepower does a 1989 Mustang GT have?

1989 Ford Mustang Engine Specs