1989 Ford Mustang: trims, real prices & how to pick yours

11 builds left the factory as a 1989 Mustang, each a different combination of engine, transmission and body identified by the first eight characters of its VIN. The 8 main configurations sell for $9,000–$31,995 today.

  • 8 main configurations
  • 825 vehicles built
  • 37 for sale right now
  • $9,000–$31,995 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

What actually differs

GT 1FABP45E-K LX 1FABP44E-K GT 1FABP42E-K LX 1FABP41E-K
Body Convertible Convertible Hatchback Hatchback
Typical price today $21,269 $14,995 $23,500
For sale right now 12 15 6 2
Vehicles built 222 170 158 101
Same on every 1989 Mustang
  • Engine 5L 8-cyl
  • Power 225 hp
  • Fuel Gasoline
  • Doors 2-door

What people actually pay

56 price observations · updated Aug 30, 2026
LX
$14,995
$8,730 $14,786 $20,843 $26,899 $32,955
Price trend

Median down $495 over the last 8 months.

1989 Mustang price history →
Will it hold value?

A Mustang typically keeps about 85% of its price over 5 years — a 5-year-old one runs about $16,500 today.

Mustang depreciation by year →
Cost to run

18/24 mpg city/highway. Roughly $2,210/yr on fuel at 15,000 miles.

EPA estimate for the 1989 Mustang

Safety, in plain English

What 1FABP41E-K means

1FA BP41E · K
1FA
the World Manufacturer Identifier Ford registered — assembled in the United States
BP41E
together encode the Mustang line — Hatchback, 5L 8cyl — as Ford filed it, these five characters are read as one block, not letter by letter
K
in position 10 — model year 1989
9, 11–17
differ on every car: check digit, plant code and the serial number
3 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.

1989 Ford Mustang prices →