How much is a 68 Mustang worth today?
The 1968 Ford Mustang is a highly sought-after classic car, and its value has appreciated significantly over the years. Depending on the condition and specific model, a 1968 Mustang can be worth anywhere from tens of thousands to hundreds of thousands of dollars in today's collector car market.
Factors Affecting the Value of a 1968 Mustang
The value of a 1968 Ford Mustang is influenced by several key factors, including the car's condition, rarity, and desirability among collectors. Here are some of the main considerations:
- Condition: The overall condition of the vehicle, including the exterior, interior, and mechanical components, is the primary factor in determining its value. Well-maintained, original-condition Mustangs tend to command the highest prices.
- Rarity: Certain Mustang models and variants, such as the Shelby GT350 or the Mach 1, are more rare and desirable, which can significantly increase their value.
- Originality: Mustangs that have been extensively modified or restored may be worth less than those that have been kept in their original, unmodified state.
- Demand: The overall demand for classic Mustangs among collectors and enthusiasts can also affect their value, with more popular models and years commanding higher prices.
These factors, combined with the iconic status of the 1968 Mustang, contribute to the high value of these classic cars in today's market.
Typical Prices for a 1968 Mustang
According to recent market data, the average value of a 1968 Ford Mustang can range from around $30,000 for a well-used, high-mileage model to over $200,000 for a pristine, original-condition Shelby GT350. The average price for a 1968 Mustang in good condition is typically between $50,000 and $100,000. However, rare or highly desirable variants can fetch significantly higher prices, with some exceptional examples selling for over $500,000 at auction.
It's important to note that the value of a specific 1968 Mustang can vary greatly depending on its unique characteristics and the current market conditions. Consulting with classic car experts or referring to industry pricing guides can help provide a more accurate estimate of a particular vehicle's worth.
What is the difference between a 1969 and a 1968 Mustang?
1969 Mustangs are larger than 1968 Mustangs in every dimension except for two: The wheelbase stayed the same and the height was lowered. The Mustang's side panels changed from concave to convex in 1969. This drastically affected the Mustang's body lines and gave it a new look.
What year is the most collectible Mustang?
Old Mustangs That Will Become Collectible
- 1982-1993 Ford Mustang SSP.
- 1984-1986 Ford Mustang SVO.
- 1984 Ford Mustang GT350 Turbo.
- 1990 Ford Mustang 7-Up Convertible.
- 1994-1995 Ford Mustang Cobra.
- 1995 Ford Mustang GTS.
- 2001 Ford Mustang Bullitt.
- 2003-2004 Ford Mustang Cobra SVT.
What is special about a 1968 Mustang?
Improved suspension and handling characterised 1968 Mustangs, with the best stopping ability of any pony car to date. Cars with 390cid, 427, and 428cid used power discs; power steering was highly desirable with V8s or those with wide tires.
How much is a 1968 Mustang worth now?
Typically, you can expect to pay around $34,022 for a 1968 Ford Mustang in good condition with average spec. The highest selling price of a 1968 Ford Mustang at auction over the last three years was $451,000.
Is a 1968 Mustang a good investment?
Overall, classic Mustangs are a strong investment. Classic car values increase over time, making them worthwhile purchases. Mustangs also have unique traits that improve their investment value, like: Easy maintenance: Mustangs are known for their durability and simple maintenance.
What engine came in a 1968 Mustang?
1967–1968
| Mustang 1967–1968 | |
|---|---|
| Engine | 200 cu in (3.3 L) Thriftpower I6 289 cu in (4.7 L) small block V8 302 cu in (4.9 L) small block V8 390 cu in (6.4 L) FE V8 427 cu in (7.0 L) FE HiPo V8 428 cu in (7.0 L) Cobra Jet V8 |
| Transmission | 3-speed manual 4-speed manual 3-speed automatic |
| Dimensions | |
| Wheelbase | 108 in (2,743 mm) |
Which Mustang not to buy?
Common Issues to Avoid
The Ford Mustang II (1974-1978) is often considered one of the least reliable Mustang generations due to its poor performance and lack of style. Additionally, some newer models, such as the 2015, 2016, and 2017, have reported reliability concerns.
Do old Mustangs hold their value?
Whether you're buying new or old, it's important to know just how much something you're investing thousands of dollars into will depreciate over the course of ownership. The Mustang holds its value relatively well and is among the best choices if you're looking for an affordable performance car.
How many 1968 Mustangs were made?
1968 Mustang Technical Data
| Production Numbers | |
|---|---|
| Convertible, standard | 22,037 |
| Total | 317,404 |
| Retail Prices | |
| Convertible, standard | $2,814 |
How many 1968 Mustangs are there?
1968 Mustang Technical Data
| Production Numbers | |
|---|---|
| Convertible, standard | 22,037 |
| Fastback, deluxe | 7,661 |
| Fastback, deluxe, bench seat | 256 |
| Total | 317,404 |
