2005-2014 Ford Mustang

After several exciting concept cars, the fifth generation Mustang (aka the S197) launched for 2005 with major improvements in performance and a completely new design despite its undeniable retro looks. V8 models received the new 5.0-liter Coyote engine in 2011, and special fifth gen models included the Bullitt and Boss 302, while the Shelby name finally returned to the Mustang with the Shelby GT, GT-H, and GT500. US sales for the S197 topped a million cars.
Classic car
Hagerty Price Guide
Average price

$21,150

+2.9%
Highest price

$22,200

+2.8%
Lowest price

$20,100

+3.1%
Body styles
2dr Coupe
2005
2dr Coupe-
2006
2dr Coupe-
2007
2dr Coupe-
2008
2dr Coupe$22,200
2009
2dr Coupe$20,100
2010
2dr Coupe-
2011
2dr Coupe-
2012
2dr Coupe-
2013
2dr Coupe-
2014
2dr Coupe-
Table displays average prices for #3 Good condition Mustang
Average price

$15,470

-4.9%
Highest price

$19,900

-4.8%
Lowest price

$11,700

-4.9%
Body styles
2dr Convertible
2dr Coupe
2005
2dr Convertible$13,800
2dr Coupe$11,700
2006
2dr Convertible$13,800
2dr Coupe$11,700
2007
2dr Convertible$13,800
2dr Coupe$11,700
2008
2dr Convertible$13,800
2dr Coupe$11,700
2009
2dr Convertible$13,800
2dr Coupe$11,700
2010
2dr Convertible$14,500
2dr Coupe$12,600
2011
2dr Convertible$19,900
2dr Coupe$18,800
2012
2dr Convertible$19,900
2dr Coupe$18,800
2013
2dr Convertible$19,900
2dr Coupe$18,800
2014
2dr Convertible$19,900
2dr Coupe$18,800
Table displays average prices for #3 Good condition Mustang

2005-2014 Ford Mustang GT configurations

Average price

$21,714

-2.9%
Highest price

$27,100

-2.9%
Lowest price

$14,300

-2.7%
Body styles
2dr Convertible
2dr Coupe
2005
2dr Convertible-
2dr Coupe-
2006
2dr Convertible-
2dr Coupe-
2007
2dr Convertible$16,900
2dr Coupe$14,300
2008
2dr Convertible$16,900
2dr Coupe$14,300
2009
2dr Convertible$16,900
2dr Coupe$14,300
2010
2dr Convertible-
2dr Coupe-
2011
2dr Convertible$27,100
2dr Coupe$25,500
2012
2dr Convertible$27,100
2dr Coupe$25,500
2013
2dr Convertible$27,100
2dr Coupe$25,500
2014
2dr Convertible$27,100
2dr Coupe$25,500
Table displays average prices for #3 Good condition Mustang

2005-2014 Ford Mustang GT California Special configurations

Average price

$21,800

-1.8%
Highest price

$21,800

-1.8%
Lowest price

$21,800

-1.8%
Body styles
2dr Coupe
2005
2dr Coupe-
2006
2dr Coupe-
2007
2dr Coupe$21,800
2008
2dr Coupe-
2009
2dr Coupe-
2010
2dr Coupe-
2011
2dr Coupe-
2012
2dr Coupe-
2013
2dr Coupe-
2014
2dr Coupe-
Table displays average prices for #3 Good condition Mustang
Average price

$45,500

equal0%
Highest price

$47,500

equal0%
Lowest price

$45,100

equal0%
Body styles
2dr Coupe
2005
2dr Coupe-
2006
2dr Coupe-
2007
2dr Coupe-
2008
2dr Coupe$47,500
2009
2dr Coupe-
2010
2dr Coupe$45,100
2011
2dr Coupe-
2012
2dr Coupe$45,100
2013
2dr Coupe$45,100
2014
2dr Coupe$45,100
Table displays average prices for #3 Good condition Mustang
Average price

$33,700

equal0%
Highest price

$36,100

equal0%
Lowest price

$31,300

equal0%
Body styles
2dr Coupe
2dr Convertible
2005
2dr Coupe-
2dr Convertible-
2006
2dr Coupe$31,300
2dr Convertible-
2007
2dr Coupe-
2dr Convertible$36,100
2008
2dr Coupe-
2dr Convertible-
2009
2dr Coupe-
2dr Convertible-
2010
2dr Coupe-
2dr Convertible-
2011
2dr Coupe-
2dr Convertible-
2012
2dr Coupe-
2dr Convertible-
2013
2dr Coupe-
2dr Convertible-
2014
2dr Coupe-
2dr Convertible-
Table displays average prices for #3 Good condition Mustang

Past sales

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2005-2014 Ford Mustang history

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Classic car

All prices shown here are based on various data sources, as detailed in About Our Prices. The Hagerty Price Guide is for informational purposes only and is not intended as financial advice. More information on how forecast models are calculated can be found on Forecasted Values page. For additional information and a complete description of benefits, visit hagerty.com/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of The Hagerty Group LLC, ©2024 The Hagerty Group, LLC. All Rights Reserved. The Hagerty Group, LLC is a wholly owned subsidiary of Hagerty, Inc.