Ford Mustang Mustang II
Sold prices, market value and cars for sale
As of October 21, 2026, Shifty has recorded 15 public sales of the Ford Mustang Mustang II. The records run from October 2024 to August 2026. In the past 12 months, 8 sold at a median of $21,250. The Shifty Estimate runs from $26,500 for the King Cobra to $28,700 for the Cobra II.
Versions
About the Ford Mustang Mustang II
- Built
- 1974 to 1978
- Versions
- 4
- Body styles
- Coupe
- Engine
- V8, 5.0L
- Power
- 88 to 140 hp
The Ford Mustang Mustang II was built from 1974 to 1978.
The Cobra II, the most traded version: The Cobra II emerged during Ford's darkest performance era, yet it remains a fascinating piece of Mustang history. Built from 1976-1978, this wasn't the fire-breathing snake of old—emissions regulations neutered the 302 V8 to just 139 horsepower. Instead, Ford leaned heavily into aesthetics with bold cobra graphics, front and rear spoilers, and distinctive side window louvers that screamed '70s excess. The package was purely cosmetic, available on any Mustang II, making genuine performance examples rare today. While purists initially dismissed these cars, the Cobra II has found new appreciation among collectors drawn to its period-correct styling and affordable entry point into classic Mustang ownership. Clean examples with original graphics are increasingly sought after, especially the limited King Cobra variant from 1978. It's automotive disco—polarizing but undeniably of its time.
The market
Recent sales
Common questions
How much does a Ford Mustang Mustang II cost?
In the past 12 months, 8 sold at a median of $21,250. Half of the 15 most recent sales landed between $10,750 and $26,500. The Shifty Estimate runs from $26,500 to $28,700, depending on version.
What is a Ford Mustang Mustang II worth today?
The Shifty Estimate depends on the version. Each describes a well-kept example. Cobra II: $28,700. King Cobra: $26,500.
What is the cheapest Mustang Mustang II to buy?
The King Cobra has the lowest Shifty Estimate, at $26,500.
Which Mustang Mustang II is worth the most?
The Cobra II has the highest Shifty Estimate, at $28,700. In the past 12 months, 3 sold at a median of $32,000.
What is the most expensive Ford Mustang Mustang II ever sold?
The highest sale on file is $50,600, for a 1978 Ford Mustang Cobra II at Mecum Auctions. It sold on May 15, 2026.
How many Ford Mustang Mustang II examples have sold?
Shifty has recorded 15 public sales since October 2024. 8 came in the past 12 months. The most recent sold for $7,900 on Aug 19, 2026.
Which Mustang Mustang II sells most often?
The Cobra II trades most often, with 5 recorded sales. 3 came in the past 12 months. More sales make its value the firmest to read.
Where do Ford Mustang Mustang II examples sell?
Of the last 15 sales with a known venue, 11 were at Bring a Trailer. The rest: Hemmings (2), Cars & Bids (1) and Mecum Auctions (1).
How many miles do Ford Mustang Mustang II examples have when they sell?
Across the last 11 sales with a recorded odometer, the median was 50,000 miles. The lowest showed 2,700 miles and the highest 97,000 miles.
Where do Shifty's Ford Mustang Mustang II prices come from?
Every figure here comes from recorded public sales and live listings of the Ford Mustang Mustang II. Each sale is filed by version and year. Shifty leaves out cars without a clean title, mismatched cars and implausible prices. The Shifty Estimate weights the most recent sales most heavily. These figures were read on October 21, 2026.