✦ Shifty Estimate
$73,300
- 12 months median
- $74K
- Sales, 12 months
- 4
- Original MSRP
- $42,995 · ▲ 70% since
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2024 Ford Mustang Convertible
2024 to 2028 · Convertible
Price history
Recent sales
6 sales
2022 · Carbonized Gray Metallic · 97 mi · automatic2026-07-20 · VantageSportscars$69,834
2023 · Oxford White · 617 mi · automatic2026-03-31 · Nolasport$102,500
2021 · Shadow Black · 2,800 mi · automatic2025-10-21 · FDSLUXURYAUTO$79,000
2022 · Gray · 29,000 mi · automatic2025-09-02 · 10Layton$46,000
2022 · Rapid Red Metallic · 69,400 mi · automatic2025-08-13 · ExclusiveStudioGarage$35,000
2023 · White · 1,400 mi · automatic2025-07-25 · Frankols5$101,101
Specifications
- Engine
- V8, 5.0L
- Power
- 486 hp
- Torque
- 418 lb-ft
- 0 to 60
- 4.4s
- Top speed
- 163 mph
- Transmission
- Automatic
- Drivetrain
- RWD
- Original MSRP
- $42,995
Common questions
How much does a Ford Mustang Convertible cost?
A 2024 Ford Mustang Convertible cost $42,995 new. Over the past 12 months, 4 have sold publicly at a median of $74,417. The Shifty Estimate for a well-kept example is $73,300. Cars have changed hands anywhere from $40,500 to $101,801, depending on mileage, color, and history.
What is a 2024 Ford Mustang Convertible worth today?
The Shifty Estimate is $73,300. We rate confidence medium: 4 public sales in a year is a thin market, and the spread between them is wide.
What has a Ford Mustang Convertible sold for at auction?
The 3 most recent public sales we have on file:
- $69,834Jul 20, 2026Carbonized Gray Metallic · 97 mi
- $102,500Mar 31, 2026Oxford White · 617 mi
- $79,000Oct 21, 2025Shadow Black · 2,800 mi
The seventh-generation Mustang convertible represents Ford's commitment to the open-air pony car experience in an increasingly electrified world. Built on the updated S650 platform, it retains the classic long-hood proportions while incorporating modern aerodynamics and a fully digital cockpit. The base 2.3L EcoBoost delivers 315 horsepower, but collectors gravitate toward the 5.0L Coyote V8 producing 480 horsepower with its intoxicating soundtrack. The soft-top mechanism operates in 16 seconds at speeds up to 25 mph, while the available MagneRide dampers provide surprising composure with the top down. Notable variants include the track-focused Dark Horse and limited California Special editions. As potentially the last naturally-aspirated V8 Mustang convertible before Ford's electric transition, early examples—especially manual-equipped GT models—are already drawing collector interest as the end of an era approaches.