Ford Mustang 1999-2011 - 2023 Market Review

By: Cliff Chambers

Date: 19.03.2023

2023 Market Review - Ford Mustang 1999-2011

Plenty of Aussie-delivered Mustang Cobras in the market have kept values steady (coupes around $25,000, convertibles at $30,000) but these cars have little chance of becoming collector items.

Better for the long term are mid-Noughties, supercharged GT500 Shelbys, however these have been generating some extreme prices that didn’t hold up after one tested the auction market and was a $69,500 no sale.

More sensible was the $71,000 accepted for a tidy looking Roush and similar money asked for a couple of Saleen-modified cars. A low mile, 40th Anniversary Super Snake made US$82,000 at a North American sale in early 2022 and that set the tone for local vendors when setting prices.

Allowing for currency differences, tax and RHD conversion costs, the $200-240,000 being sought locally is realistic.

GT/Cobra Coupe/Conv. 1999-2003 $33,500 [13]

Mustang GT 2005-2008 $67,165 [6]

Shelby GT500 2006-2008 $135,860 [8]

Saleen S281/Roush 2005-2009 $72,750 [4]

GT500 Super Snake 2007-2010 $232,165 [3]

[*] = number of recorded sales

(Note: concours & special cars may demand more.)

Numbers from our 2023 Muscle Car & US Car Value Guide.

| 2021 Market Review - Ford Mustang 1974-2011

- 2023 Muscle Car market review

- Understanding our Muscle Car Value Guides 2023

From Unique Cars #473, Dec 2022/Jan 2023

Unique Cars magazine Value Guides

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