LRA Auto Museum & Sales

3114 Veterans Highway, Bristol, PA 19007
4.5
4.5 out of 5 stars

Used 1987 Ford Mustang GT

4,400 miles
For Sale:$41,799
Estimated payment:$948/mo.
$0 trade-in, 10% down payment, 48 months, Great credit score

Value ChartA visual chart indicating the fair price range is between $22,700 and $26,700, while the current price is $41,799.$22,700 - $26,700$41,799
  • Priced at $41,799, this vehicle is $15,099 above the high end of its fair market value of $26,700.

  • The current fair market price range is between $22,700 to $26,700.

  • It has 4,400 miles, which is 57,100 (93%) below the median mileage of 61,500.

Note: This is an estimate based on a variety of factors (experimental feature). It is intended to provide a fair market value range to help guide your buying decision.

View Full Value Report
  • Car
  • Convertible
  • Condition
    Used
  • Mileage
    4,400miles
  • Generation
    3(1979 - 1993)
  • Trim
    GT
  • Drivetrain
    Rear Wheel
  • Transmission
    5-Speed Manual
  • MPG
    15 city22 highway
  • Exterior Color
    Black
  • Interior Color
    MEDIUM GRAY LEATHER
  • Upholstery
    Cloth
  • Doors
    2
  • Max Seating
    4
  • Max Towing Capacity
    0lbs.
  • Final Assembly Point
    Dearborn, Michigan
  • VIN
    1FABP45E6HF220385
  • Starting MSRP
    $16,226

Engine5L V8 Gasoline 225hp

  • Fuel Type:Gasoline
  • Max Horsepower:225 hp @ 4000 rpm
  • Power to Weight Ratio:15.04lbs/hp
  • Max Torque:300 ft.lbf @ 3200 rpm
  • Displacement:5liters
  • Block Type:V
  • Cylinders:8
  • Aspiration:Naturally Aspirated
  • Fuel Induction:Fuel Injection
  • Cam Type:OHV
  • Valves:16

Message from the seller

1987 Ford Mustang GT Convertible A true icon of late-'80s American performance, this 1987 Ford Mustang GT Convertible captures the unmistakable attitude of the Fox Body era-combining V8 power, open-air freedom, and classic 5.0 styling in a highly preserved, low-mileage example. Showing just 4,400 miles on the odometer, this Mustang represents an increasingly rare opportunity to own a piece of Ford performance history in exceptional condition. Power comes from the legendary 302ci (5.0L) V8, factory-rated at 225 horsepower and 300 lb-ft of torque, paired with a desirable five-speed manual transmission. This combination delivers the raw, analog driving experience that defined the Mustang GT of the era, with power sent to the rear wheels through a responsive drivetrain that enthusiasts continue to celebrate. Equipped with the factory Handling Suspension Package, the car features variable-rate springs, a Quadra-Shock rear setup, and power-assisted rack-and-pinion steering-providing confident road manners and improved traction under acceleration. Braking is handled by power-assisted front discs and rear drums. Finished in Black with a striking red accent stripe, the exterior embodies the bold, performance-driven styling that made the GT stand out. Signature GT-specific bodywork is complemented by front fog lights, power-adjustable mirrors, louvered taillights, a fixed antenna, rear luggage rack, and iconic 5.0 badging. The black convertible top is paired with a gray vinyl boot, offering a clean and classic open-top presentation. Silver-finished 15-inch aluminum wheels are wrapped in 255/60 Uniroyal Tigerpaw Touring A/S tires installed in 2021, completing the car's period-correct stance. Inside, the cabin is finished in Medium Grey leather, featuring articulated front sport seats and a matching rear bench. The interior remains true to its original design, with a color-coordinated lower dashboard, center console, door panels, and carpeting. Amenities include an AM/FM/cassette stereo with graphic equalizer, cruise control, and power windows and door locks-blending vintage simplicity with everyday usability. The two-spoke steering wheel frames an 85-mph speedometer and a tachometer with a 5,800-rpm redline, along with auxiliary gauges for coolant temperature, oil pressure, voltage, and fuel level. With its ultra-low mileage, desirable 5-speed configuration, and timeless Fox Body styling, this 1987 Mustang GT Convertible stands as a highly collectible and increasingly sought-after example. Whether added to a collection or enjoyed on the open road, this GT delivers the authentic V8 performance and nostalgic driving experience that only a true 5.0 Mustang can provide. For more information, contact LRA today at 215-781-3790 or email us at sales@lrasales.com.

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Listed on April 29, 2026 (3 hours ago)
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