How much is a 1989 Ford Mustang worth?
Emily Wong
Updated on May 01, 2026
How much is a 1989 Ford Mustang worth?
1989 Ford Mustang Retail Prices
| Trim | MSRP | CarGurus Instant Market Value |
|---|---|---|
| GT Hatchback RWD | $13,646 | $21,955 |
| LX 5.0L Convertible RWD | $17,375 | N/A |
| LX 5.0L Coupe RWD | $11,784 | N/A |
| LX 5.0L Hatchback RWD | $12,639 | N/A |
How much is a 89 Mustang 5.0 worth?
**Figure based on a stock 1989 Ford Mustang 5.0 GT valued at $10,500 with OH rates with $100/300K liability/UM/UIM limits. Actual costs vary depending on the coverage selected, vehicle condition, state and other factors.
How much horsepower does a 1989 Mustang 5.0 have?
Engine Specs
| Engine Name & Year | Power (hp @ RPM) |
|---|---|
| 1989 – 140 Lima Inline 4 Engine (2.3 L) | 90 hp @ 3800 RPM |
| 1989 – 302 H.O V8 (5.0 L) | 225 hp @ 4200 RPM |
Are Fox body Mustangs increasing in value?
Though these are not the most expensive hot rods within the collector car world, the Fox Body Mustangs are already becoming classic cars and their value will only be on the rise over the coming years.
How much horsepower does a 1989 Saleen Mustang have?
290-hp
It took the Mustang to a new plateau of street-legal performance with a Saleen-modified, EPA-approved 5.0-liter V-8 that complemented the company’s well-tuned chassis mods. With 290-hp on tap, it became the Mustang to obtain among Blue Oval performance enthusiasts.
How much is an 88 Mustang worth?
1988 Ford Mustang Retail Prices
| Trim | MSRP | CarGurus Instant Market Value |
|---|---|---|
| GT Convertible RWD | $16,984 | N/A |
| GT Hatchback RWD | $13,119 | N/A |
| LX Convertible RWD | $14,076 | $14,466 |
| LX Coupe RWD | $9,209 | $16,979 |
How fast is a 1989 Mustang?
1989 Mustang Specifications
| Consumer Information | |
|---|---|
| Assembly Plant | Dearborn MI, USA |
| 0-60mph | 6.1 seconds |
| Skidpad | 0.83 g’s |
| Top speed | 145 mph |
What year Mustang is the most valuable?
Here are the five most expensive Mustangs ever sold.
- 1965 Shelby Mustang GT350R — US$3.5 million.
- 1968 Ford Mustang GT390 “Bullitt” — US$3.4 million.
- 1967 Shelby GT500 Super Snake — US$1.3 Million.
- 2020 Ford Shelby Mustang GT500 — US$1.1 million.
- 1967 Shelby Mustang GT500 “Eleanor” — US$1 million.
What is the rarest Mustang in the world?
What Is the Rarest Mustang?
- The 1964 World’s Fair Skyway Mustang.
- The 1967 Shelby GT500 Convertible.
- The 1967 Shelby GT500 Super Snake.
- The 1968 Shelby Green Hornet.
- Ford’s Aviation Series Mustangs.
What happened to the 1989 Ford Mustang?
1989 was the 25th anniversary of the Ford Mustang! For two years there were many rumors and much speculation regarding what Ford would do. However, things went unchanged for the 1989 Mustang. Ford introduced a few new colors and produced the convertible with flag style side mirrors!
Is the 1989 Mustang a limited edition model?
It was not a limited edition model by any means because every Mustang manufactured between April 17, 1989 and April 17, 1990 received a dash plaque decorated with a galloping pony badge, the three tribars and 25th anniversary stamped at its bottom. Mustang sales stayed flat in 1989 at 209,769 units.
What is the color of the 1989 Ford Mustang GT convertible?
1989 Ford Mustang GT Convertible finished in Bright Red with white interior and white top. Powered b Ford Mustang GT Convertible5.0L V8 Engine5 Speed Manual TtransmissionBlack ExteriorRed InteriorOne O
What kind of engine does a 1989 Mustang LX have?
The 1989 Mustang LX 5.0L Sport was a very interesting car. It offered much of the performance of the Mustang GT but in the LX body style for the 2-door coupe, hatchback, and convertible. It came with the awesome performance of the 5.0L GT engine and the taut handling of the GT suspension all wrapped up in the smooth styling of the LX.
