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Cars / Ford / Mustang GTLive
1994 Ford Mustang GT

✦ Shifty Estimate

$16,900

9.7% · 12 mo
High confidence$6K to $19K
12 months median
$12K
Sales, 12 months
10
For sale now
1
Original MSRP
$17,280 · ▼ 2% since

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1994 Ford Mustang GT

1994 to 2004 · Coupe

Price history

$5.0k$10k$15k$20k$25kFeb 2023202420252026✦ SHIFTY ESTIMATE TODAY $17k
Sold Bid, not sold
27 sales · 5 unsoldmedian $12kupdated Jul 2026

Specifications

Engine
V8, 5.0L
Power
215 hp
Torque
285 lb-ft
0 to 60
6.9s
Top speed
129 mph
Transmission
Manual
Drivetrain
RWD
Original MSRP
$17,280

Common questions

How much does a Ford Mustang GT cost?

A 1994 Ford Mustang GT cost $17,280 new. Over the past 12 months, 10 have sold publicly at a median of $12,425. The Shifty Estimate for a well-kept example is $16,900. Cars have changed hands anywhere from $6,350 to $19,435, depending on mileage, color, and history.

What is a 1994 Ford Mustang GT worth today?

The Shifty Estimate is $16,900, up 9.7% over the past 12 months. That sits above the $12,425 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: 10 public sales in a year gives a firm read.

Is a Ford Mustang GT a good investment?

It has depreciated 2% against its $17,280 list price. Values are up 9.7% over the past 12 months. The caution is spread, not direction: across the sales we have on file, prices ran from $4,100 to $20,251, and mileage explains most of that.

What has a Ford Mustang GT sold for at auction?

The 3 most recent public sales we have on file:

  • $20,251Jul 23, 2026Black · 3,000 mi
  • $8,700Jul 13, 2026Canary Yellow Clearcoat · 72,000 mi
  • $15,250Jun 29, 2026Dark Shadow Gray · 42,750 mi

The SN95 Mustang GT represents Ford's bold reinvention of America's pony car for the '90s. Built on the Fox platform's evolution, these GTs packed serious punch with the 4.6L SOHC V8 producing 215-260 horsepower depending on year. The '96 refresh brought the iconic New Edge styling that defined late-'90s performance, while the '99 update added the superior PI heads and intake for better breathing. What makes these special today is their perfect storm of modern reliability, classic V8 sound, and extensive aftermarket support. The Cobra variants command premium prices, but clean GT examples—especially manual transmission cars—are increasingly sought after as the last affordable entry into serious Ford performance. The platform's proven durability and modification potential make it a smart collector choice, particularly as pristine, unmodified examples become harder to find.