While some early models of Mustangs are worth ten times their original value, many of them ended up in the local boneyards. There are plenty of classic Mustangs out and about in the marketplace, however if you were to graph their market value, no other generation stand out in such great numbers as the Fox body Mustang. One has to wonder, what phenomenon went on for the production run of the fox body, as these cars are retaining their value like no other.
Due to their workhorse characteristics, their endless supply of parts available, that have provided to be good groundwork for both small and big time tuners to get their start on. A clean fox can still bring in $20k in value, when a fairly new ’06 GT can be had for the same amount. Personally I feel that a large number of these vehicles have been butchered, but that does not stop people from buying them.
Elite production runs of the ’93 Mustang Cobra R have been known to bring in well over $60,000 in today’s economic conditions. That is a small miracle, considering one can buy a small house for $60k in some parts of the States.
