How much did a Mustang cost in 1983?
In 1983, the Ford Mustang typically cost between about $7,000 and $11,000, depending on trim and options; base models started around $7,000, while GTs with the 5.0 V8 could push toward $11,000.
The question covers the 1983 model year, a period when the Mustang offered multiple trims and body styles, with pricing varying by engine choice, equipment, and options. This article breaks down the typical sticker prices for that year and explains what influenced the final price.
Pricing by trim and body style
Below are approximate MSRPs for the 1983 Mustang lineup, reflecting common configurations in the era. Actual prices could vary by region and dealer incentives.
- Base Mustang (2.3L four-cylinder coupe/hatchback): approximately $7,000–$7,500.
- Mustang LX (more equipment, available with either engine): roughly $8,000–$9,500.
- Mustang GT (5.0 V8, performance-oriented): about $9,500–$11,000.
Prices varied with transmission choice, body style (coupe vs. hatchback), and optional features such as air conditioning, power options, and premium trim packages, which could nudge the total higher.
Reading the numbers and context
The figures above are typical sticker prices from Ford catalogs and automotive guides for the 1983 model year. They reflect MSRPs from that time and not negotiated sale prices, which could differ by dealer, region, and incentives.
Inflation-adjusted perspective
To compare these historical prices with today’s market, it helps to adjust for inflation. In rough terms, 1983 prices translate to today’s dollars as follows: base models roughly $19,000–$22,000, LX around $22,000–$29,000, and GT roughly $24,000–$33,000, depending on the exact year of calculation and inflation metric. These conversions are approximate and intended to give a sense of value rather than exact sale prices.
Summary
In 1983, a Ford Mustang typically started around $7,000 for base models and could rise to about $11,000 for a GT with a V8, with variations based on body style and options. Adjusted for inflation, those prices fall roughly into the $19,000–$33,000 range in today’s dollars, depending on trim and equipment. The exact out-the-door price depended on regional pricing and the specific configuration chosen.
