1987 Ford Mustang: trims, real prices & how to pick yours
9 builds left the factory as a 1987 Mustang, each a different combination of engine, transmission and body identified by the first eight characters of its VIN. The 5 main configurations sell for $1,181–$41,447 today.
- 5 main configurations
- 320 vehicles built
- 20 for sale right now
- $1,181–$41,447 typical price range
Which Mustang is yours?
Enter a VIN — the 17 characters on the windshield or the title — and we’ll match it to its exact factory configuration, typical price and equipment.
Works with any VIN — a different year or model takes you straight to its own page.
Pick your Mustang
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Most common — 33% of 1987 Mustangs
GT 1FABP45E-H5L 8-cyl, 225 hp. 106 built.
$1,181 great deal $19,000 typical $41,447 top of market -
What actually differs
| GT 1FABP45E-H | GT 1FABP42E-H | LX 1FABP40E-H | LX 1FABP41E-H | |
|---|---|---|---|---|
| Body | Convertible | Hatchback | Sedan | Hatchback |
| Typical price today | $19,000 | — | $38,000 | $23,995 |
| For sale right now | 12 | — | 5 | 3 |
| Vehicles built | 106 | 91 | 33 | 24 |
Same on every 1987 Mustang
- Engine 5L 8-cyl
- Power 225 hp
- Fuel Gasoline
- Doors 2-door
What people actually pay
36 price observations · updated Aug 30, 2026
GT
$19,000
$1,145
$11,532
$21,918
$32,305
$42,691
Safety, in plain English
What 1FABP40E-H means
1FA
BP40E
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H
- 1FA
- the World Manufacturer Identifier Ford registered — assembled in the United States
- BP40E
- together encode the Mustang line — Sedan, 5L 8cyl — as Ford filed it, these five characters are read as one block, not letter by letter
- H
- in position 10 — model year 1987
- 9, 11–17
- differ on every car: check digit, plant code and the serial number
4 rare configurations — mostly fleet, export or irregular VIN patterns. Fewer than 20 known vehicles each.
Already looking at a specific Mustang?
Paste its VIN — we’ll open that exact car’s page: its configuration, market position and every listing we’ve tracked.