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Cars / Ford / Mustang GTLive
1979 Ford Mustang GT

✦ Shifty Estimate

$28,300

11.8% · 12 mo
High confidence$8K to $37K
12 months median
$21K
Sales, 12 months
27

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1979 Ford Mustang GT

1979 to 1993 · Coupe

Price history

$10k$20k$30kJan 2023202420252026✦ SHIFTY ESTIMATE TODAY $28k
Sold Bid, not sold
51 sales · 13 unsoldmedian $21kupdated Jul 2026

Specifications

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

Common questions

How much does a Ford Mustang GT cost?

Over the past 12 months, 27 have sold publicly at a median of $20,500. The Shifty Estimate for a well-kept example is $28,300. Cars have changed hands anywhere from $8,093 to $36,650, depending on mileage, color, and history.

What is a 1979 Ford Mustang GT worth today?

The Shifty Estimate is $28,300, down 11.8% over the past 12 months. That sits above the $20,500 median of actual sales because the median counts every car that sold, including high-mileage examples, while the estimate describes a clean, low-mileage one bought today. Confidence is high: 27 public sales in a year gives a firm read.

What has a Ford Mustang GT sold for at auction?

The 3 most recent public sales we have on file:

  • $11,500Jul 23, 2026Bright Red · 47,000 mi
  • $15,500Jul 8, 2026Bright Red · 45,300 mi
  • $27,000Jul 3, 2026Black · 46,000 mi

The Fox-body Mustang GT represents Ford's phoenix moment, rising from the malaise era to reclaim American muscle credibility. Launched in 1979 on the lightweight Fox platform, the GT truly hit its stride in 1982 when Ford dropped the 5.0-liter H.O. V8 under the hood, delivering 157 hp that felt like a revelation after years of smog-choked disappointment. By 1987, output climbed to 225 hp, making these cars genuinely quick again. The clean, angular styling aged remarkably well, and the platform's inherent balance made it a favorite among enthusiasts and racers alike. Production totaled over 2.6 million Fox-bodies across all variants, but clean, unmodified GTs are increasingly scarce. Today's collectors prize low-mileage examples, particularly the later high-output cars and special editions like the 1993 Cobra R. Values have steadily climbed as enthusiasts recognize the Fox-body's pivotal role in reviving the pony car legend.