Cheapest Ford Mustang in 2026: Every Generation by Price
Summary
The cheapest Ford Mustang is the 1994-2004 SN95, averaging $13K across 257 sales in our data; the 1999-2004 cars are the "New Edge" Mustangs. The 1984-1986 SVO averages $17K and a Fox-body GT (1982-1993) $20K. The 2005-2014 S197 is the cheapest modern Mustang: a GT averages $21K. Classic Mustangs cost more: a 1971-1973 car averages $22K and an original 1964-1966 car $35K. Eleanor builds, restomods and race cars are left out of the averages.
Rankings
- 1
SN95 MustangAvg $12,826 12-mo -4.7%n=257 soldThe 1994-2004 Mustang, V6 and GT: the cheapest Mustang on average
- 2
Mustang SVO 3rd GenAvg $17,097 12-mo -12.6%n=19 soldThe 1984-1986 turbocharged four-cylinder Fox-body SVO
- 3
- 4
- 5
S197 MustangAvg $22,217 12-mo -6.6%n=388 sold2005-2014 Mustangs not filed under a version, including many GTs and Roush cars
- 6
Mustang 1st Gen (1971-1973)Avg $22,226 12-mo +16.8%n=121 soldThe bigger 1971-1973 Mustang, the last of the first generation
- 7
Mustang 3rd GenAvg $23,175 12-mo -10.0%n=254 soldFox-body Mustangs other than the GT and SVO, mostly LX models
- 8
SN95 Mustang CobraAvg $24,594 12-mo +20.6%n=204 soldThe SVT Cobra of 1994-2004, including the supercharged 2003-2004 Terminator
- 9
- 10
- 11
Mustang 1st Gen (1964.5-1966)Avg $34,800 12-mo -5.5%n=811 soldThe original Mustang, the most traded classic here
- 12
S550 MustangAvg $37,932 12-mo -8.4%n=200 sold2015-2023 Mustangs not filed under a version, GT and EcoBoost
- 13
- 14
- 15
Comparison
| Model | Avg Price | Typical Range | Sales | 12-mo Trend | Avg Mileage |
|---|---|---|---|---|---|
| SN95 Mustang | $12,826 | $3,040 – $25,420 | 257 | -4.7% | 56,730 |
| Mustang SVO 3rd Gen | $17,097 | $8,480 – $30,690 | 19 | -12.6% | 33,540 |
| Mustang GT 3rd Gen | $20,228 | $6,600 – $38,500 | 213 | -2.4% | 44,862 |
| S197 Mustang GT | $21,319 | $8,775 – $36,630 | 98 | — | 46,665 |
| S197 Mustang | $22,217 | $5,500 – $49,825 | 388 | -6.6% | 51,822 |
| Mustang 1st Gen (1971-1973) | $22,226 | $6,250 – $42,900 | 121 | +16.8% | 50,512 |
| Mustang 3rd Gen | $23,175 | $4,465 – $58,050 | 254 | -10.0% | 49,555 |
| SN95 Mustang Cobra | $24,594 | $8,415 – $52,926 | 204 | +20.6% | 36,723 |
| S197 Mustang Bullitt | $24,873 | $14,650 – $41,855 | 14 | — | 53,334 |
| Mustang Cobra II & King Cobra 2nd Gen | $28,525 | $12,113 – $53,855 | 14 | — | 41,173 |
| Mustang 1st Gen (1964.5-1966) | $34,800 | $9,800 – $76,500 | 811 | -5.5% | 47,892 |
| S550 Mustang | $37,932 | $11,790 – $82,500 | 200 | -8.4% | 35,189 |
| Mustang Mach 1 1st Gen (1971-1973) | $39,440 | $13,900 – $74,794 | 99 | +29.6% | 53,608 |
| S550 Mustang GT | $40,716 | $20,999 – $81,275 | 48 | — | 28,475 |
| S550 Mustang Bullitt | $41,683 | $29,286 – $54,065 | 10 | — | 16,114 |
How to Choose
- For the lowest price, buy an SN95. A V8 GT or Cobra costs more than a V6.
- For the cheapest modern Mustang, buy an S197. The 2011-2014 GT has the 5.0-liter Coyote V8.
- The Fox body (1979-1993) is the cheap classic, light and easy to modify. Unmodified, low-mileage GTs and LX 5.0s sell for the most.
- For a classic 1960s Mustang, the 1965-1966 cars are the most plentiful; a six-cylinder coupe costs far less than a V8 GT or convertible.
- The cheapest cars are the highest-mileage and most modified ones. Check the mileage on each card before comparing prices.
Frequently Asked Questions
- What is the cheapest Mustang?
- The 1994-2004 SN95, which averages $13K in our data, with the cheapest 5% under $3,040.
- What is the cheapest V8 Mustang?
- A Fox-body GT ($20K in our data) or a 2005-2014 S197 GT ($21K). SN95 GTs are part of the SN95 average and usually sell above it.
- How much is a classic Mustang?
- An original 1964-1966 Mustang averages $35K across 811 sales in our data. Shelby, Boss and Mach 1 cars sell for more.
- How much is a Fox-body Mustang?
- A 1982-1993 Fox-body GT averages $20K in our data and the 1984-1986 SVO $17K.
- How much is an SN95 Cobra?
- The 1994-2004 SVT Cobra averages $25K across 204 sales in our data. The supercharged 2003-2004 'Terminator' cars sell for the most.
Methodology and sources
Based on 2,750 sold listings from the last 2 years across Bring a Trailer, Cars & Bids, eBay Motors, PCarMarket, Collecting Cars, and other auction and marketplace sources. Prices are normalized to USD. Typical ranges show the 5th–95th percentile of sold prices. Stats update daily.
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