1987 Ford Mustang prices in the U.S.
The median asking price for a 1987 Ford Mustang in the U.S. is $20,113 based on 19 active listings.
As of September 9, 2026, the median asking price for a 1987 Ford Mustang in the U.S. is $20,113, based on 19 active dealer listings tracked by VinAssessment.
◷ Updated September 9, 2026 ▤ 19 active dealer listings, refreshed daily
Typical: $17,996–$26,995 — the middle half of 19 asking prices
Why the wide range? 1987 Ford Mustang listings span two distinct versions: the GT (typically $18K–$20K) and the LX ($22K–$68K). See price by trim. 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.
What moves the price on a 1987 Ford Mustang
The $17,996–$26,995 typical range isn't randomness — one factor explains most of it:
The GT typically asks $18,799, while the LX asks $28,448 — same year, same market.
Find your mileage and trim in the configurator below.
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Modelled from 13 real asking prices, adjusted for mileage and location. Not a formal appraisal.
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.
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.
1987 Ford Mustang: price by trim
| Trim | Based on ⓘ | Median price ⓘ | Typical range ⓘ | Where it sits ⓘ |
|---|---|---|---|---|
| GT | 13 listings | $18,799 | $18K–$20K | |
| LX | 6 listings | $28,448 | $22K–$68K |
Based on a small number of listings per trim — medians are indicative, not definitive.
Live 1987 Ford Mustang listings, priced by VIN
Every VIN links to a full market report: decode, active listings and the local price band. Shop 1986–1988 Ford Mustang listings on VehiSales →.
Price history
Median asking price by month · 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
| 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.
Factory configurations of the 1987 Ford Mustang
9 factory configurations left the plant as a 1987 Ford Mustang — the most common are below, each decoded into its own build sheet from the VIN pattern.
Keep exploring Mustang prices
1987 Ford Mustang · $20,113 typical · 19 listingsOther Ford Mustang years
Own a 1987 Ford Mustang? See what it's worth →
Frequently asked questions
Why do 1987 Ford Mustang prices range from $10,480 to $102,398?
The spread is two different cars sharing one name. 1987 Ford Mustang listings span two distinct versions: the GT (typically $18K–$20K) and the LX ($22K–$68K). Within each version, mileage and options set where a specific car lands.
Is $29,437 a good price for a 1987 Ford Mustang?
$29,437 is the market average as of September 9, 2026. Anything meaningfully below the $20,113 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?
19 in total, nearly all pre-owned. Counts refresh daily from live dealer inventory.
How we calculate these prices
We track 19 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 →
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.