Ford Mustang (1st gen Fastback)
1964–1968
Lowest price
$26,000
Since 2020
Median price
$59,650
Since 2020 · n=24
Highest price
$283,000
Since 2020
Sold cars
24
All time
Sell-through
100%
Of 24 lots

Based on 24 verified auction results
$46,875
Market value · recent verified sales
-19.7%
12-month change
Wait or Sell
Prices declining. Sellers should consider acting; buyers should wait.
Median sold price down 19.7% over the last 12 months. Loss is likely to continue, especially for this segment.
MSRP
—
Collectibility
6/10
Collectible
3-Year Forecast
$28,497
-39%
5-Year Forecast
$24,493
-48%
Track the Mustang
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Market scores
50
Desirability
Thin
30
Liquidity
Poor
10
Resale Outlook
Option premiums
What every option is worth.
Manual gearbox
+$60,080+101%192 with · 143 without · high confidence
Bucket seats
−$35,790-60%7 with · 437 without · med confidence
Hardtop included
−$21,259-36%21 with · 423 without · high confidence
Limited-slip diff
−$11,930-20%5 with · 439 without · med confidence
Built ≤ 1967
−$10,526-18%324 with · 65 without · high confidence
Premiums compare the median price of sales with each option against comparable sales without it, mined from verified auction listings. Sales are pooled across markets on a relative-price basis, so exchange rates and market levels can't skew the split. Options interact in ways a one-at-a-time split can’t capture — treat each premium as directional rather than gospel.
Marque analyst note
The Australian market for first-generation Ford Mustang Fastbacks is signaling weakness, with the median price now sitting at AUD $46,875 following a steep 19.7% decline over the past year. This downward momentum contradicts the long-term appreciating-classic trajectory the segment typically commands, suggesting a near-term reset in valuations.
Transaction volume remains sparse, with only six sales tracked in the past twelve months against a broader sample of 24 historical transactions. This thin liquidity environment means both buyers and sellers face extended hold periods and wider bid-ask spreads, making price discovery difficult and exit timing critical.
The collectibility score of 6 reflects moderate desirability rather than the highest tier of demand these cars normally enjoy. First-gen Fastbacks retain their status as blue-chip American classics, but Australian inventory limitations and regional market preferences appear to be weighing on current appetite.
Base-case projections paint a softer picture ahead: the model is expected to retreat to approximately AUD $28,497 (down 39.2%) by 2027, with further erosion to AUD $24,493 (down 47.7%) by 2029. This extended downturn suggests the market is repricing these cars toward more realistic levels after prior enthusiasm.
With no active listings currently tracked in the Australian market, sellers face a wait-and-see posture. The combination of thin liquidity, declining prices, and steep forward projections favors patience over forced liquidation at present valuations.
Depreciation Benchmark
- Current avg value$46,875
- Annual appr. rate-19.7%/yr
- Segment average+3.0 to +9.5%/yr
Vehicle History Signals
- Auction lots tracked535
- Damage or salvage declared0 (0.0%)
- No damage declared535 (100.0%)
Est. Annual Ownership Costs
- Insurance (agreed value)$910
- Maintenance$1,830
- Storage$4,870
- Depreciation— (appreciating)
- Total annual cost$7,610
For sale now · 6 live
All live deals
1967 Ford Mustang Fastback S-Code 390 4-Speed
US$58,000-25% vs market
US

Fuel-Injected 1972 Ford Mustang Convertible 351
US$5,900-92% vs market
US

302-Powered, GT350-Style 1966 Ford Mustang Fastback 4-Speed
US$42,000-45% vs market
US

38-Years-Owned, GT350-Look 1965 Ford Mustang Fastback Project w/302
US$11,500-85% vs market
US

ProCharged Dart 363ci-Powered 1968 Ford Mustang Fastback 6-Speed
US$52,500-32% vs market
US

1965 Ford Mustang Coupe K-Code 289 4-Speed
US$27,500-64% vs market
US
Market Liquidity
- Active Listings0
- Sales Last 12 Months7
- Sell-Through29%
Market Snapshot
- Active Listings0
- Avg Sale Price$76,392
- Avg Mileage at Sale—
- Recent Price Range$26,000 – $283,000
- Total Sales Tracked24
Recent sales
Showing latest 20$66,000
Collecting Cars · 4 Sept 2026
$34,750
Collecting Cars · 8 Jul 2026
$49,500
Collecting Cars · 12 Mar 2026
$75,000
Collecting Cars · 11 Mar 2026
$26,000
Collecting Cars · 3 Mar 2026
$283,000
Collecting Cars · 7 Nov 2025
$44,250
Collecting Cars · 13 Oct 2025
$90,000
Collecting Cars · 30 Sept 2025
$94,000
Collecting Cars · 8 Sept 2025
$160,000
Collecting Cars · 23 Jul 2025
Common questions
What is a Ford Mustang (1st gen Fastback) worth in 2026?
The current Australia market median is $46,875, based on 6 verified auction sales. Recent sales ranged from $26,000 to $283,000.
Is the Ford Mustang (1st gen Fastback) going up in value?
Over the last 12 months its Australia median moved -19.7%. Past movement is not a guarantee of future value.
How many Ford Mustang (1st gen Fastback)s are for sale right now?
We track 6 live auction listings for this model right now — each priced against the market median on this page.
Indicative only — not investment advice. Past performance is not a reliable indicator of future value.