2021 Market Review - Ford Mustang V8/Fastback/GT390 1964-1973
If you want a 1960s Mustang in average condition, $35-40,000 is your likely outlay, plus a bit more in the near future to fix the faults that annoy you. To lock down a rare version though, especially one in seriously good condition, the cost will zoom close to $80,000.
Above that price will sit early Fastbacks, some with the desirable 4.7-litre ‘K Code’ engine, outstanding convertibles and the 1967-68 GT. These are available with a range of engines including the 6.4-litre ‘390’ cubic inch V8 immortalised by cinema car chase classic Bullitt.
Australia looks to be overwhelmed by Mustangs but they keep appearing and selling and even the basic versions are up by 20 percent on 2020 levels.
V8 Coupe 1964-68 $54,760 [62]
K Code Coupe 1965-67 $127,250 [4]
V8 Conv. 1964-68 $65,725 [30]
V8 Fastback 1965-68 $106,180 [18]
GT/GTA 390 1967-68 $153,625 [4]
V8 Coupe 1969-70 $81,510 [7]
V8 Coupe 1971-73 $42,500 [2]
V8 Conv. 1969-73 $52,750 [6]
[*] = number of recorded sales
(Note: concours & special cars may demand more.)
Numbers from our 2021 Muscle Car & US Car Value Guide.
| 2020 Market Review: Ford Mustang V8/Fastback/GT390 1964-1973
– Understanding our Muscle Car Value Guides 2021
– 2021 Oz & USA Muscle Car Market Review
From Unique Cars #460, Dec 2021