
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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- Median · 12 mo
- $47,000
- Sales · 12 mo
- 15
- Original MSRP
- $2,614Up 1679% since new
The market
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Sold $22,000

Sold $47,000

Sold $49,500

Sold $50,600

Sold $37,400
Every 1964 to 1973 Mustang
| GT Convertible1965 to 1969 | Boss 3511971 | 428 Super Cobra Jet1969 to 1970 | Boss 3021969 to 1970 | Boss 4291969 to 1970 | Mach 11969 to 1973 | 428 Cobra Jet1968 to 1970 | California Special1968 | Shelby GT500 Convertible1968 to 1969 | GT Fastback1965 to 1969 | Base Convertible1964 to 1973 | Fastback1964 to 1973 | GT1964 to 1973 | Hardtop1964 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 move | Up 5.6% | Too few sales to call | Too few sales to call | Down 3.6% | Up 16.8% | Up 32.0% | Too few sales to call | Too few sales to call | Too few sales to call | Too few sales to call | Up 7.8% | Up 8.3% | Down 1.8% | Down 5.7% |
| For sale | None | None | None | None | None | None | None | None | None | None | None | None | None | None |
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.
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