✦ Shifty Estimate
$43,600
▼ 6.3% · 12 mo- 12 months median
- $40K
- Market cap
- $4.44B · 101,945 built
- Sales, 12 months
- 15
- Original MSRP
- $2,614 · ▲ 1568% since
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1965 Ford Mustang GT Convertible
1965 to 1969 · Convertible · 101,945 built
Price history
Recent sales
23 sales
1966 · Candyapple Red · 38,000 mi · automatic2026-07-31 · mwco15$54,000
1967 · Red · automatic2026-07-25$22,000
1968 · Candyapple Red · 40,000 mi2026-06-19 · Putsy$47,000- 1967 · Dupont Pepper Grey · 42,657 mi2026-05-28$64,474
1966 · Signal Flare Red · automatic2026-05-16$49,500
1966 · Ivy Green · manual2026-05-13$50,600
1966 · Black · automatic2026-05-09$31,900
1966 · Red · manual2026-05-09$37,400
1966 · Silver Blue Metallic · 1,342 mi · automatic2026-05-08 · RK_Motors$220,000
1966 · Candyapple Red · automatic2026-04-11$37,400
1967 · Black · automatic2026-04-09$27,500
1966 · Silver Blue · 70,773 mi · automatic2026-03-13 · Ferraricalit$50,000
1967 · Light blue · 58,000 mi · manual2026-03-02 · kdetter68$37,250
1967 · Red · 88,000 mi · manual2025-09-25 · lmorgan53$40,000
1969 · Yellow · 89,000 mi2025-09-19 · MohrImports$27,850
1965 · Brown · 61,000 mi · automatic2025-06-28 · JJF1$41,000
1966 · Blue · 236 mi · automatic2025-06-14 · Bennyz$67,000
1965 · Red · 83,000 mi · manual2025-06-05 · DSFM2005$62,500- 1969 · red · 19,512 mi · automatic2025-05-05$41,628
1965 · Raven Black with white convertible top · 3,457 mi · manual2025-03-27 · Dwayne3618$40,000
1967 · Blue · 92,000 mi · manual2024-12-29 · Monty1$20,000
1966 · Beige · 52,000 mi · automatic2024-12-28 · MarcPoin$51,000- 1966 · Nightmist blue · 88,000 mi · manual$35,000
Specifications
- Engine
- V8, 4.7L
- Power
- 271 hp
- Torque
- 312 lb-ft
- 0 to 60
- 6.5s
- Top speed
- 116 mph
- Transmission
- Manual
- Drivetrain
- RWD
- Production
- 101,945 units
- 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 $40,000. The Shifty Estimate for a well-kept example is $43,600. Cars have changed hands anywhere from $27,535 to $61,650, depending on mileage, color, and history.
What is a 1965 Ford Mustang GT Convertible worth today?
The Shifty Estimate is $43,600, down 6.3% 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 1568% against its $2,614 list price. Values are down 6.3% 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.
What has a Ford Mustang GT Convertible sold for at auction?
The 3 most recent public sales we have on file:
- $54,000Jul 31, 2026Candyapple Red · 38,000 mi
- $22,000Jul 25, 2026Red
- $47,000Jun 19, 2026Candyapple Red · 40,000 mi
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.