New Jersey
Typical asking price
$13,900
- Active listings
- 0
- Listed this year
- 5
Not enough active listings for a state price report.
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1987 Ford Mustang prices in the U.S.
$20,562
Median asking price
18 active listings · Updated September 10, 2026
Price your exact car
National price overview
1987 Ford Mustang listings span two distinct versions: the GT (typically $18K–$21K) and the LX ($24K–$80K).
Combined asking price range
$17,995 – $28,495 All 18 listings · Middle 50% of asking pricesMedian asking price
$20,562Trim, mileage and condition change what a comparable vehicle costs.
As of September 10, 2026, the median asking price for a 1987 Ford Mustang in the U.S. is $20,562, based on 18 active dealer listings tracked by VinAssessment.
Price range, sample and methodology details
The median asking price for a 1987 Ford Mustang in the U.S. is $20,562 based on 18 active listings.
Based on 18 active dealer listings, refreshed daily.
30-day asking price change: +$878.
Typical: $17,995–$28,495 — the middle half of 18 asking prices
Median $20,562
$10K low
$103K high
Why the wide range? 1987 Ford Mustang listings span two distinct versions: the GT (typically $18K–$21K) and the LX ($24K–$80K). See price by trim. This spread covers the middle 96% of asking prices: we exclude the cheapest and priciest 2% to reduce the influence of extreme values. This does not verify title status or guarantee that every erroneous listing is excluded.
$20,562
Pre-owned median (18)
55,951
Average mileage
What moves the price
Trim
The GT typically asks $18,799, while the LX asks $32,900 — same year, same market.
Observed spread: up to $14,101About these price differences
The $17,995–$28,495 typical range isn't randomness — one factor explains most of it:
Biggest factor in these observed spreads: Trim. These groups contain different vehicles.
Find your mileage and trim in the configurator below.
Configure the exact car
Choose a state and trim once to update the connected price tables and charts for a 1987 Ford Mustang. Mileage adjusts the estimate only.
Trim
Estimated asking price · All trims
$20,562
$17,995
–
$28,495
18 listings · Nationwide
ⓘ This is a modelled estimate based on current listings and market data. Actual prices may vary.
Estimate assumptions
at typical mileage, nationwide
Modelled from 18 real asking prices, adjusted for mileage and location. An illustrative estimate from mixed listing groups, not matched vehicles. Not a formal appraisal.
Live 1987 Ford Mustang listings, priced by VIN
Compared with all listings
All-listings median $20,562
1987 Ford Mustang
GT
$16,987
VIN 1FABP45E4HF236696
−$3,575 · vs all-listings median
1987 Ford Mustang
LX
$23,995
VIN 1FABP41E0HF189415
+$3,433 · vs all-listings median
1987 Ford Mustang
LX
$79,995
VIN 1FABP40EXHF177385
+$59,433 · vs all-listings median
Price differences are not deal ratings. Compare equipment, mileage and vehicle history before judging a price.
Every VIN links to a full market report: decode, active listings and the local price band.
1987 Ford Mustang: explore your market
Region · trim United States · All trims
Active listings 18
Median asking price $20,562
Not enough national mileage bands to draw a reliable curve. Select a state to explore its available trim prices and mileage data.
Counts cover the selected region and trim, including listings without usable mileage. Thin mileage bands and rare or unknown trims may be omitted from the chart.
1987 Ford Mustang: price by trim
United States · all states · September 10, 2026. Counts and prices below are national totals for each trim. The shared market filters update this table for your selected state and highlight your trim.
| Trim | Based on ⓘ | Median price ⓘ | Typical range ⓘ | Where it sits ⓘ |
|---|---|---|---|---|
| GT | 13 listings | $18,799 | $18K–$21K | |
| LX | 5 listings | $32,900 | $24K–$80K |
Based on a small number of listings per trim — medians are indicative, not definitive.
Understand the differences
1987 Ford Mustang: VIN configurations and specifications
Multiple VIN patterns can share the same trim. Compare their recorded equipment, then open a specification page for the full details.
-
LX 5L 8-cyl VIN pattern: 1FABP40E · year code H33 VINs in our database Observed VINs, not production totals
-
LX 2.3L 4-cyl VIN pattern: 1FABP44A · year code H23 VINs in our database Observed VINs, not production totals
-
GT 5L 8-cyl VIN pattern: 1FABP42E · year code H91 VINs in our database Observed VINs, not production totals
-
GT 5L 8-cyl VIN pattern: 1FABP45E · year code H$19,000 Median asking price · U.S. 14 priced listings · September 6, 2026
Show 1 more configurations
Where these specifications come from
Specifications combine decoded VIN data, including NHTSA vPIC , with inventory records. If decoding does not identify a trim, a recorded inventory trim may be shown. VIN patterns do not confirm every installed option.
Counts describe observed VINs in our database, not factory production totals. Prices are median asking prices from qualifying U.S. listings, not original MSRP. Check the vehicle’s build sheet for exact equipment.
FACTORY REFERENCE
1987 Ford Mustang factory brochure
Model-year reference for features and equipment. Actual VIN equipment may differ.
No verified factory brochure is currently listed for this exact model year.
Need equipment for a specific vehicle? Look up its factory window sticker →
Price history
Change state or trim for this report →
View national price history · all trims
Median asking price by month — U.S., all trims · shaded band is the typical range (25th–75th percentile)
The median listing price for a 1987 Ford Mustang is $17,998 (August 2026) — down 9.2% from $19,814 in June 2026.
Monthly price table
| Month | Median price | Typical range | Vehicles listed |
|---|---|---|---|
| August 2026 | $17,998 | $12K–$23K | 19 |
| July 2026 | $22,450 | $18K–$38K | 16 |
| June 2026 | $19,814 | $14K–$25K | 10 |
1987 Ford Mustang prices by state
See how asking prices vary across states. Looking for a 1987 Ford Mustang for sale near you? Open your state's price guide to compare its market, then follow the local listings link to browse available vehicles.
United States · all trims · snapshot September 10, 2026. Explore state markets below. Prices and counts cover all trims in each state; the full comparison table remains available below the map.
View all states and prices
| State | Typical price | Listed this year | Active now |
|---|---|---|---|
| New Jersey | $13,900 | 5 | 0 |
Listed this year counts every 1987 Ford Mustang first listed in 2026 (sold and active), with currently active cars as a floor. Typical price is the median of each car's latest asking price — or the average of active listings where this-year data is thin.
What would a 1987 Ford Mustang cost per month?
Estimate the monthly payment on a $18,799 vehicle. Move the numbers to match your own loan.
10% down
7.0% is an illustrative starting rate — use your own lender quote.
Loan term
Estimated monthly payment
$335
per month
60 months · 7.0% APR · $1,880 down
Amount financed
$16,919
Total interest
$3,181
Estimate only. Excludes tax, title, registration and dealer fees, and assumes a fixed-rate loan with equal monthly payments. Your actual rate depends on your credit and lender.
Before you buy
A few important steps can help you buy with confidence.
- Check title and accident history
- Arrange an independent inspection
- Review factory equipment
- Check recalls by VIN
Frequently asked questions
Why do 1987 Ford Mustang prices range from $10,370 to $103,098?
The spread is two different cars sharing one name. 1987 Ford Mustang listings span two distinct versions: the GT (typically $18K–$21K) and the LX ($24K–$80K). Within each version, mileage and options set where a specific car lands.
Is $30,080 a good price for a 1987 Ford Mustang?
$30,080 is the market average as of September 10, 2026. The $20,562 median is a comparison point, not a deal rating. Compare the same trim and mileage band, and check condition, equipment and vehicle history.
How many 1987 Ford Mustang are for sale right now?
18 in total, nearly all pre-owned. Counts refresh daily from live dealer inventory.
Is this the trade-in value or private-party value of my 1987 Ford Mustang?
These figures describe dealer asking prices, not trade-in offers, private-party sale values or completed sale prices. Use them to compare advertised vehicles. To find out what a buyer or dealer would pay for your car, request an offer that takes its mileage, condition, equipment and history into account.
How we calculate these prices
We track 18 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 reduce the influence of extreme values. This does not verify title status or guarantee that every erroneous listing is excluded. 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 →
Own a 1987 Ford Mustang? See what it's worth →
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