Ford Mustang 428 Cobra Jet

1968 to 1970 · Coupe

Over the past 12 months, 8 have sold publicly at a median of $95,750. The Shifty Estimate for a well-kept example is $99,800. Across the sales we have on file, prices ran from $22,750 to $126,000, depending on mileage, color, and history.

Free to follow · no card needed · Also on iPhone

Shifty Estimate
$99,800
Medium confidence · $42K to $115K
Median · 12 mo
$95,750
Sales · 12 mo
8

The market

Every recorded 1968 Ford Mustang 428 Cobra Jet sale, by date and price
Aug 2026 · Hagerty Marketplace
$66,000 · 53,200 mi · Calypso Coral
See this car
$25k$50k$75k$100k$125kDec 20242026SHIFTY ESTIMATE $100k
Sold Bid to, not sold
14 sales · 8 unsoldmedian $96kupdated Sep 2026

Community

Latest results

The newest 1968 Ford Mustang 428 Cobra Jet sales with photographs
1968 Ford Mustang 428 Cobra Jet, sold Jun 2026

Sold $84,000

1969 · Wimbledon White
Jun 8, 2026 · Cars & Bids
1968 Ford Mustang 428 Cobra Jet, sold May 2026

Sold $95,000

1969 · Candyapple Red
May 30, 2026 · Cars & Bids
1968 Ford Mustang 428 Cobra Jet, sold May 2026

Sold $126,000

1969 · Candyapple Red · 4,500 mi
May 27, 2026 · Bring a Trailer
1968 Ford Mustang 428 Cobra Jet, sold Feb 2026

Sold $108,000

1969 · Acapulco Blue · 39,000 mi
Feb 17, 2026 · Bring a Trailer
1968 Ford Mustang 428 Cobra Jet, sold Jan 2026

Sold $96,500

1969 · Wimbledon White · 98,000 mi
Jan 31, 2026 · Bring a Trailer
1968 Ford Mustang 428 Cobra Jet, sold Dec 2025

Sold $67,500

1970 · Black · 63,000 mi
Dec 12, 2025 · Bring a Trailer

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

Specifications

Engine
V8, 7.0L
Power
335 hp
Torque
440 lb-ft
0 to 60
5.5 s
Top speed
118 mph
Transmission
Manual
Drivetrain
RWD

Common questions

How much does a Ford Mustang 428 Cobra Jet cost?

Over the past 12 months, 8 have sold publicly at a median of $95,750. The Shifty Estimate for a well-kept example is $99,800. Across the sales we have on file, prices ran from $22,750 to $126,000, depending on mileage, color, and history.

What is a 1968 Ford Mustang 428 Cobra Jet worth today?

The Shifty Estimate is $99,800. We rate confidence medium: 8 public sales in a year is a thin market, and the spread between them is wide.

How many Ford Mustang 428 Cobra Jet have sold?

Shifty has 14 public sales of the Ford Mustang 428 Cobra Jet on file. The earliest was on Dec 23, 2024.

What is the most expensive Ford Mustang 428 Cobra Jet sold?

The highest public sale on file is $126,000, on May 27, 2026, with 4,500 mi.

What has a Ford Mustang 428 Cobra Jet sold for at auction?

The 3 most recent public sales we have on file:

  • $66,000Aug 3, 2026Calypso Coral · 53,200 mi
  • $100,000Jul 23, 2026Candyapple Red · 687 mi
  • $84,000Jun 8, 2026Wimbledon White

About the 1968 Ford Mustang 428 Cobra Jet

The 428 Cobra Jet represents Ford's most serious factory muscle car effort, born from the need to compete with Chrysler's 440 Six Pack and Chevy's L78. Introduced mid-1968, the 428 CJ packed a conservatively rated 335 horsepower, though actual output was closer to 400. The key was Ford's Ram Air induction system and aggressive cam timing that made this engine a true street terror. Available in both fastback and convertible Mustangs through 1970, the CJ could be optioned with the legendary Drag Pack, adding an oil cooler and 3.91 or 4.30 gears. Production numbers remain relatively low compared to lesser Mustangs, making clean examples increasingly valuable. The 1968½ models are particularly sought after as the inaugural year. Today's collectors prize original CJ cars for their authentic period performance credentials and distinctive shaker hood setup on Ram Air equipped models.

Sales and listings

Showing 20 of 22 on file

Free: the 2027 Collector Car Outlook.