Mustang prices up and up!

It looks like the Mustang price bubble isn’t going to burst anytime soon. A look at the classified pages of Classic American, online ads and traditional auctions proves this point, with amazing asking prices and spectacular sales results.

Historics auction house’s most recent event held at Ascot Racecourse on May 15 saw several versions of Ford’s ever-popular pony car go under the hammer, with some very healthy results for the vendors. A 1970 Mach 1 with an estimate of £23-£27,000 hammered at £31,696. Another remarkable result was a 1965 Ford Mustang GT which was estimated to sell for between £33-£42,000 hammering for £51,520. Neither cars were ‘blow you away’ concours condition, so it bodes well for Mustang owners and future owners. Mustangs are a fantastic investment and are outperforming many other classic Americans and classic cars in general… And you’re never going to get that kind of fun driving an ISA, are you?!

1965 GT... ... went under the hammer for more than £51k! While ’70 Mach 1 ... ... went for almost £32k.