Lot 9099-ATL: 1971 Ford Mustang Convertible

Based on my analysis of Classic.com’s data, here’s what a 1971 Ford Mustang Convertible is worth:

Valuation Summary:

• Average sale price: $24,648
• Typical asking price range: $19,900 – $34,995
• Historical range: $4,650 (project car) – $71,500 (1972 Sprint Convertible, premium model)

Your specific vehicle at $33,995: This price sits at the upper end of the current market range. Based on 10 comparable convertibles from this generation, the average asking price is around $24,700–$25,100, so this vehicle is priced about 37% above the average of similar listings.

Is it a fair price? It depends on condition! This car is described as “Original & Highly Original“ with documented miles (57,027), which adds value. Similar recent listings include:

• A 1971 with 43K miles previously asked $19,900
• A 1971 with low (8K) miles asked $33,900
• A 1971 with 18K miles is currently asking $34,995—linked here: https://classic.com/veh/1971-ford-mustang-convertible-1f03f207174-nmmLZ1n/

Given the original condition and that this dealer typically prices quality inventory at a premium, $33,995 is competitive for a clean, original example—though not a bargain. Want me to track this market for you, or check out similar Mustangs currently for sale?