Ford Mustang GT Convertible

1965 to 1969 · Convertible · 101,945 built

A 1965 Ford Mustang GT Convertible cost $2,614 new. Over the past 12 months, 15 have sold publicly at a median of $47,000. The Shifty Estimate for a well-kept example is $46,500. Across the sales we have on file, prices ran from $20,000 to $220,000, depending on mileage, color, and history.

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Shifty Estimate
$46,500
High confidence · $28K to $63K
Up 5.6% over 12 months
Median · 12 mo
$47,000
Sales · 12 mo
15
Original MSRP
$2,614Up 1679% since new

The market

Every recorded 1965 Ford Mustang GT Convertible sale, by date and price
Sep 2026 · AllCollectorCars
$67,725 · 7,000 mi · Green
See this car
$50k$100k$150k$200kDec 20242026SHIFTY ESTIMATE $47k
Sold Bid to, not sold
24 sales · 4 unsoldmedian $47kupdated Sep 2026

Community

Latest results

The newest 1965 Ford Mustang GT Convertible sales with photographs
1965 Ford Mustang GT Convertible, sold Sep 2026

Sold $38,500

1966 · Springtime Yellow · 90,000 mi
Sep 28, 2026 · Bring a Trailer
1965 Ford Mustang GT Convertible, sold Jun 2026

Sold $47,000

1968 · Candyapple Red · 40,000 mi
Jun 19, 2026 · Bring a Trailer
1965 Ford Mustang GT Convertible, sold May 2026

Sold $49,500

1966 · Signal Flare Red
May 16, 2026 · Mecum Auctions

Every 1964 to 1973 Mustang

Sold prices, last 12 months · Oct 30, 2026
Every 1964 to 1973 Mustang. Sold prices, last 12 months · Oct 30, 2026
GT Convertible1965 to 1969Boss 3511971428 Super Cobra Jet1969 to 1970Boss 3021969 to 1970Boss 4291969 to 1970Mach 11969 to 1973428 Cobra Jet1968 to 1970California Special1968Shelby GT500 Convertible1968 to 1969GT Fastback1965 to 1969Base Convertible1964 to 1973Fastback1964 to 1973GT1964 to 1973Hardtop1964 to 1973
Shifty Estimate$46,500$66,000$131,000Low confidence$91,900$419,400$68,600$99,800$33,800$126,500Low confidence$75,500$30,100$66,800$25,900$15,400
Sold median$47,00015 sales$59,0005 sales$131,0003 sales$81,00013 sales$410,0007 sales$60,25054 sales$95,7508 sales$34,7508 sales$132,0004 sales$72,52816 sales$27,50036 sales$65,500158 sales$29,750300 sales$21,00041 sales
12-month moveUp 5.6%Too few sales to callToo few sales to callDown 3.6%Up 16.8%Up 32.0%Too few sales to callToo few sales to callToo few sales to callToo few sales to callUp 7.8%Up 8.3%Down 1.8%Down 5.7%
For saleNoneNoneNoneNoneNoneNoneNoneNoneNoneNoneNoneNoneNoneNone
Other Mustang generations

Specifications

Engine
V8, 4.7L
Power
271 hp
Torque
312 lb-ft
0 to 60
6.5 s
Top speed
116 mph
Transmission
Manual
Drivetrain
RWD
Production
101,945 built
Original MSRP
$2,614
Designer
Joe Oros

Common questions

How much does a Ford Mustang GT Convertible cost?

A 1965 Ford Mustang GT Convertible cost $2,614 new. Over the past 12 months, 15 have sold publicly at a median of $47,000. The Shifty Estimate for a well-kept example is $46,500. Across the sales we have on file, prices ran from $20,000 to $220,000, depending on mileage, color, and history.

What is a 1965 Ford Mustang GT Convertible worth today?

The Shifty Estimate is $46,500, up 5.6% over the past 12 months. Confidence is high: 15 public sales in a year gives a firm read.

Is a Ford Mustang GT Convertible a good investment?

It has appreciated 1679% against its $2,614 list price. Values are up 5.6% over the past 12 months. Only 101,945 were built. The caution is spread, not direction: across the sales we have on file, prices ran from $20,000 to $220,000, and mileage explains most of that.

How many Ford Mustang GT Convertible have sold?

Shifty has 25 public sales of the Ford Mustang GT Convertible on file. The earliest was on Dec 28, 2024.

What has a Ford Mustang GT Convertible sold for at auction?

The 3 most recent public sales we have on file:

  • $67,725Sep 28, 2026Green · 7,000 mi
  • $38,500Sep 28, 2026Springtime Yellow · 90,000 mi
  • $54,000Jul 31, 2026Candyapple Red · 38,000 mi

About the 1965 Ford Mustang GT Convertible

The first-generation Mustang GT Convertible represents the purest expression of American automotive optimism, launching the pony car revolution that defined a generation. Built from 1965 through 1969, these drop-tops combined Ford's 289 or 390 V8 power with open-air freedom that captured the spirit of the era. The GT package added performance credibility with upgraded suspension, dual exhausts, and distinctive badging. Early '65 models are particularly coveted, especially those built at Dearborn before San Jose production began. The '68-'69 models grew larger and more muscular, with the 390 four-barrel delivering genuine performance to match the looks. Convertible production represented roughly 15% of total Mustang output, making them significantly rarer than their fastback and coupe siblings. Today's collectors prize original drivetrain cars, especially S-code 390 examples, while restoration-quality examples command premium prices. These cars defined cool for the Baby Boom generation and remain the quintessential American convertible.

Sales and listings

Showing 20 of 29 on file

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