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