Ford Mustang Convertible

2024 to 2028 · Convertible

A 2024 Ford Mustang Convertible cost $42,995 new. Over the past 12 months, 2 have sold publicly at a median of $120,000. The Shifty Estimate for a well-kept example is $137,500. Across the sales we have on file, prices ran from $101,101 to $137,500, depending on mileage, color, and history.

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Shifty Estimate

$137,500

Low confidence · $103K to $172K

Median · 12 mo: $120,000
Sales · 12 mo: 2
Original MSRP: $42,995Up 220% since new

Enthusiast

2024 Ford Mustang Convertible, sold Sep 2026

Sold$137,500 · Barrett-Jackson · Sep 2026

The market

Every recorded 2024 Ford Mustang Convertible sale, by date and price

Sep 2026 · Barrett-Jackson

$137,500 · RED WITH WHITE STRIPES

See this car

Sold Bid to, not sold

3 sales · 4 unsoldmedian $120kupdated Sep 2026

Community

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Every S650

Sold prices, last 12 months · Oct 23, 2026

Every S650. Sold prices, last 12 months · Oct 23, 2026
	Convertible2024 to 2028	GT Premium2025 to 2027	Dark Horse2024	GT2024 to 2026	Dark Horse R2024 to 2025
Shifty Estimate	$137,500Low confidence	$53,800Low confidence	$71,900	$123,900	$118,100Low confidence
Sold median	Too few sales to call2 sales	$53,7503 sales	$78,0003 sales	$118,0005 sales	No sale
12-month move	Too few sales to call	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	None

Other Mustang generations

Also on file, with no sale or listing yet: GTD.

Specifications

Engine: V8, 5.0L
Power: 486 hp
Torque: 418 lb-ft
0 to 60: 4.4 s
Top speed: 163 mph
Transmission: Automatic
Drivetrain: RWD
Original MSRP: $42,995

Common questions

How much does a Ford Mustang Convertible cost?

What is a 2024 Ford Mustang Convertible worth today?

The Shifty Estimate is $137,500. 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 Convertible have sold?

Shifty has 3 public sales of the Ford Mustang Convertible on file. The earliest was on Jul 25, 2025.

What is the most expensive Ford Mustang Convertible sold?

The highest public sale on file is $137,500, on Sep 12, 2026.

What has a Ford Mustang Convertible sold for at auction?

The 3 most recent public sales we have on file:

$137,500Sep 12, 2026RED WITH WHITE STRIPES
$102,500Mar 31, 2026Oxford White · 617 mi
$101,101Jul 25, 2025White · 1,400 mi

About the 2024 Ford Mustang Convertible

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.