Ford Mustang King Cobra

1978 · Coupe

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Shifty Estimate

$26,500

Low confidence · $20K to $33K

Median · 12 mo: $30,750
Sales · 12 mo: 2

Enthusiast

1978 Ford Mustang King Cobra, sold May 2026

Sold$26,500 · Bring a Trailer · May 2026

The market

Every recorded 1978 Ford Mustang King Cobra sale, by date and price

Jul 2026 · Bring a Trailer

$35,000 · 44,000 mi · Bright Red

See this car

Sold Bid to, not sold

4 sales · 2 unsoldmedian $31kupdated Jul 2026

Community

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Every Mustang II

Sold prices, all years · Oct 2, 2026

Every Mustang II. Sold prices, all years · Oct 2, 2026
	King Cobra1978	Cobra II1976 to 1978	Ghia1974 to 1978	Mach 11974 to 1978
Shifty Estimate	$26,500Low confidence	$28,700	$8,000Low confidence	$10,800Low confidence
Sold median	$21,2504 sales	$17,9195 sales	Too few sales to call1 sale	Too few sales to call1 sale
12-month move	Too few sales to call	Too few sales to call	Too few sales to call	Too few sales to call
For sale	None	None	None	None

Other Mustang generations

Specifications

Engine: V8, 5.0L
Power: 139 hp
Torque: 250 lb-ft
Transmission: Manual
Drivetrain: RWD

Common questions

How much does a Ford Mustang King Cobra cost?

Over the past 12 months, 2 have sold publicly at a median of $30,750. The Shifty Estimate for a well-kept example is $26,500. Cars have changed hands anywhere from $19,875 to $33,125, depending on mileage, color, and history.

What is a 1978 Ford Mustang King Cobra worth today?

The Shifty Estimate is $26,500. We rate confidence low: 2 public sales in a year is not enough to be firm, and the honest range is wide. Treat it as a starting point, not a valuation.

How many Ford Mustang King Cobra have sold?

Shifty has 4 public sales of the Ford Mustang King Cobra on file. The earliest was on May 11, 2025.

What is the most expensive Ford Mustang King Cobra sold?

The highest public sale on file is $35,000, on Jul 16, 2026, with 44,000 mi.

What has a Ford Mustang King Cobra sold for at auction?

The 3 most recent public sales we have on file:

$35,000Jul 16, 2026Bright Red · 44,000 mi
$26,500May 15, 2026Pepper Gray Metallic · 2,700 mi
$13,251Jul 10, 2025Brown · 69,000 mi

About the 1978 Ford Mustang King Cobra

The 1978 Mustang King Cobra stands as Ford's final flourish of the malaise era, packing maximum visual drama into the aging Mustang II platform. With its aggressive front air dam, rear spoiler, and bold cobra graphics stretching across the hood and sides, the King Cobra looked far more menacing than its 139-hp 302 V8 could deliver. Ford built just 4,313 examples during this single model year, making it the rarest factory Mustang variant of the late seventies. Despite modest performance figures, the King Cobra has found new appreciation among collectors who value its period-correct styling and historical significance as the bridge between the original pony car era and the Fox-body renaissance. Clean, unmodified examples command premium prices today, particularly those retaining their distinctive Cobra II wheels and complete graphics package.