Anonymous
Anonymous asked in Cars & TransportationCar MakesFord · 8 months ago

Why are 20 year old Ford Mustangs still selling for over $9,000?

I couldn't believe it when I saw it. Listing after listing I saw these new edge stangs for $7,000 up to $12,000 dollars. Are you kidding me? Am I missing something? 

11 Answers

Relevance
  • Youd be surprised How much even a Common Model mustang Will go for

    Auction OR Private Sale

    • Commenter avatarLogin to reply the answers
  • Anonymous
    8 months ago

    Mustangs are iconic vehicles. They started the PONY car sensation and continue the MUSCLE car tradition. People LOVE these cars...and there are replacement parts EVERYWHERE. They are DRIVEN and MODIFIED.

    Did you know...you can make an OLD "new" car from brand spanking new parts STILL made of the ORIGINAL MUSTANGS from the sixties?!?!

    I even owned one for a couple of years...it was an entry level with a under appreciated model type...it was still fun to drive.

    • Commenter avatarLogin to reply the answers
  • 8 months ago

    Unless it has s like in mint condition and has less than 70,000 miles I find that ha d to believe.

    Now if it was a 1964 to 1968 then yeah it would be worth atleast that. But a 1999 model? No way

    • Commenter avatarLogin to reply the answers
  • 8 months ago

    It always depends on condition, mileage, options, engines

    • Commenter avatarLogin to reply the answers
  • How do you think about the answers? You can sign in to vote the answer.
  • 8 months ago

    It's called the "law of supply-and-demand". When demand is high and supply is low, prices increase.

    • Commenter avatarLogin to reply the answers
  • 8 months ago

    If you think that is bad, check on the 50 + year old ones.

    • Commenter avatarLogin to reply the answers
  • 8 months ago

    Being scare makes them worth a lot.

    • Commenter avatarLogin to reply the answers
  • 8 months ago

    People think of mustangs as "cool" cars that are valuable, and gain a different type of value with age

    • Commenter avatarLogin to reply the answers
  • Donald
    Lv 5
    8 months ago

    Evidently the actual value of the cars!

  • Lili
    Lv 7
    8 months ago

    Mustangs are treasured. People love to buy them and fix them up. They're real collectors' cars.

Still have questions? Get your answers by asking now.