How much is a 1987 Bronco worth?
Prices for a 1987 Ford Bronco vary widely, but a solid driver typically runs roughly $20,000 to $40,000; pristine, original, or low-mileage examples (especially rare Eddie Bauer editions) can push past $50,000 or more.
Market context and what affects value
The value of a 1987 Bronco is influenced by condition, originality, mileage, provenance, and current demand for vintage SUVs. As classic 4x4s have grown in popularity, well-documented examples with complete maintenance histories tend to command higher prices. Regional variations and recent auction activity also shape the market.
Value bands by condition
Below are typical pricing bands you might see in listings and sales, aligned with the vehicle’s condition and completeness.
- Poor to fair condition or project (not currently roadworthy, may have significant rust or mechanical issues): about $7,000–$12,000
- Fair condition (drives but shows wear, may need updates or repairs): about $12,000–$18,000
- Good condition (solid body, functional mechanically, reasonable maintenance): about $18,000–$28,000
- Very good condition (well-maintained, average or low miles, little cosmetic wear): about $28,000–$38,000
- Excellent to concours-quality original or restored (low miles, exceptional documentation): about $40,000–$60,000+
Note: These ranges reflect typical market activity but can vary by region, edition, and the specifics of the individual Bronco.
Edition, rarity and premium factors
Special editions, factory options, and originality can push a Bronco’s value above baseline ranges. The following considerations commonly influence asking prices.
Edition-based premiums
- Eddie Bauer edition (a popular late-1980s trim) often carries a premium due to distinctive styling and features.
- Two-tone paint, factory options, and verified originality can elevate a vehicle’s desirability and value.
- Matching-numbers drivetrain, documented maintenance, and an clean, rust-free frame can significantly boost worth for collectors.
Conclusion: If your Bronco is an Eddie Bauer or another sought-after edition with good provenance, you may see higher asking prices than for a base-model example in similar cosmetic condition.
How to price and evaluate your 1987 Bronco
To estimate value for sale or purchase, combine guide data with market comparisons and a thorough internal appraisal. The steps below outline a practical approach.
Pricing steps
- Consult current price guides (Hagerty Price Guide, NADA Guides, and ClassicCars.com valuations) for the 1987 Bronco in equivalent trim and condition.
- Assess overall condition using a standardized rubric (mechanical, cosmetic, rust, frame, interior, and originality).
- Gather provenance: maintenance records, restoration receipts, and documentation of any modifications.
- Compare active listings and recent sale results for similar Broncos in your region.
- Set an asking price with realistic expectations and room for negotiation, based on data and inspection findings.
Conclusion: A well-documented vehicle with solid mechanicals and true originality tends to command the higher end of the published ranges.
Buying and selling considerations
Rust, especially on older models, as well as engine, transmission, and transfer case health, are critical during due diligence. Non-original parts or heavy modifications can affect value for collectors, positively or negatively depending on execution and provenance.
Summary
In brief, a 1987 Bronco’s value hinges on condition, edition, and provenance. Most solid examples sell in the $20,000–$40,000 range, while pristine, original, or low-mileage editions (notably Eddie Bauer variants) can push well beyond $50,000. For the most accurate, up-to-date valuation, consult established price guides (Hagerty, NADA), monitor current listings on ClassicCars.com and major auction sites, and consider a professional appraisal tailored to your vehicle.
Are old broncos worth anything?
The classic Bronco has been one of the best-performing vehicles in the collector market for the past decade. Prices have surged at major auctions, and well-restored examples often command values that exceed those of other classic SUVs.
How much is a 1987 Ford Bronco worth?
The value of a 1987 Ford Bronco Custom can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $13,500 for a 1987 Ford Bronco Custom in good condition with average spec.
What year is Bronco most valuable?
1966-1977
First-Generation Ford Bronco, 1966-1977
Because they tend to be the most desirable, they also boast the highest values of the classic Broncos today. Hagerty lists average values for the first 1966 model year as $35,900 for the enclosed wagon body style, $28,500 for the pickup, and $34,200 for the open-top roadster.
What makes the 1987 Ford Bronco special?
In the interest of safety, rear-wheel anti-lock brakes (ABS) became standard for the 1987 model. As an option, push-button control was introduced for the four-wheel drive system for 1987.
