Ford Mustang V8/Fastback/GT390 1964-1973 market review 2020
Australia’s love affair with the Mustang began in 1965 when Ford imported 200 cars for local sale and just grew from there. This country is now home to vastly more Mustangs than locally-made GT Falcons and, despite recent value growth, the Mustang remains significantly cheaper than a GT.
Owning an early coupe with the basic 4.7-litre V8 will cost $45- 55,000, with convertibles $10,000 more. First-series Fastbacks with the small-block motor are nudging $80,000 and it is possible to pay more than $100K for a Bullitt-style 390GT.
Coupes built from 1969-73 with 5.0 or 5.8-litre engines span a massive price range; cheap 1971-73s at $25,000 and overpriced 1969-70s coupes reaching $80k. People selling convertibles seemingly have a greater grasp on current market reality.
V8 Coupe 1964-68 $52,850 [51]
V8 Conv. 1964-68 $62,445 [33]
V8 Fastback 1965-68 $74,755 [28]
GT/GTA390 1967-68 $83,495 [2]
V8 Coupe 1969-70 $69,800 [8]
V8 Coupe 1971-73 $32,100 [8]
V8 Conv. 1969-70 $53,500 [11]
V8 Conv. 1971-73 $38,670 [13]
[*] = number of recorded sales
(Note: concours & special cars may demand more.)
Numbers from our 2020 Muscle Car & US Car Value Guide.
| 2019 Market Review: Ford Mustang V8/Fastback/GT390