Based on 10 active Mustang listings

1987 Ford Mustang prices in the U.S.

median asking price
$26,898 ↑ $19,958 · 30d

The median asking price for a 1987 Ford Mustang in the U.S. is $26,898 based on 10 active listings.

As of July 24, 2026, the median asking price for a 1987 Ford Mustang in the U.S. is $26,898, based on 10 active dealer listings tracked by VinAssessment.

◷ Updated July 24, 2026 ▤ 10 active dealer listings, refreshed daily Methodology →

1987 Ford Mustang — a typically priced live listing
1987 · live listing photo

Typical: $20,650–$39,499 — the middle half of 10 asking prices

Median $26,898
$8,680 low $110K high

Why the wide range? Price depends mostly on configuration and mileage — see below. This spread covers the middle 96% of asking prices: we exclude the cheapest and priciest 2% (payment-priced ads, typos, salvage) so outliers don't distort it.

Trim-level pricing isn't reliable enough for this model yet — mileage and configuration explain most of the spread above.

$26,898
Pre-owned median (10)
49,123
Average mileage

Price trend

Average price is up $21,720 since June 11.

Jun 11 Jul 24

Keep exploring Mustang prices

1987 Ford Mustang · $39,419 typical · 10 listings

Frequently asked questions

Why do 1987 Ford Mustang prices range from $8,680 to $110,499?

The spread comes down to configuration and mileage: higher-mileage, base-configuration examples sit near the low end, while low-mileage and premium configurations reach the top. Half of all listings fall between $20,650 and $39,499 — see the mileage and trim breakdowns above for where a specific vehicle lands.

Is $39,419 a good price for a 1987 Ford Mustang?

$39,419 is the market average as of July 24, 2026. Anything meaningfully below the $26,898 median is priced to move — but always compare within the same trim and mileage band, since those two factors drive most of the spread.

How many 1987 Ford Mustang are for sale right now?

10 in total, nearly all pre-owned. Counts refresh daily from live dealer inventory.

How we calculate these prices

We track 10 active listings for this vehicle across dealer sites nationwide, updated every day. Average and median are computed from real asking prices on live listings. We exclude the top and bottom 2% of prices to remove data errors, salvage titles, and monthly-payment figures posted as if they were sale prices. Prices reflect dealer asking prices — not final sale prices — and exclude taxes, fees, and incentives. Trim and mileage move the price more than any other factor; see the breakdowns above.

Want the original factory equipment and MSRP behind a specific car? See the factory window sticker for this Mustang →

Shopping for this car?

Check individual VINs before you buy — decode the exact trim and mileage, see every active listing, and how each price compares to the local market.