Heroshot

1993 Ford Mustang

5.0 SVT Cobra Hatchback
Mecum Indy 2022
Friday, 13 May - Saturday, 21 May
$64,900
Sale Price
$40,000 - $60,000
Est. Range
No
Reserve
21 May 2022
Sold Date
S147
Lot Number
#2-
Original
Mecum Auctions
Auction House
Chassis no. 1FACP42D5PF155611. Black over gray leather. 302/230hp, 5-speed, Goodyear Eagle tires, fog lights, sunroof.

Evaluation: From the McCarter collection and owned by him since new. Also showing just 12,057 miles. The paint shows more wear than the odometer would suggest, with plenty of light scratches and lots of small chips on the nose and hood. Very tidy underneath, however, and the wheels/tires look perfect. The interior also shows hardly any age. Paint flaws are easy to forgive on a one-owner car that is otherwise fantastic.

Bottom Line: The clean history and low miles on this car are the kind of thing that deep-pocketed Fox-body fans go nuts over. They were more measured in this case, however. This is a lot of money for a Fox-body, yes, but there was no wild bidding war or gotta-have-it mentality here. It was more caution than we’ve become accustomed to seeing lately on cars like this.

by Andrew Newton
1 June 2022
Hagerty
Valuation Tools

See how much your car is worth.

Get current values, historical values, model history and more.

Leave a Reply

Your email address will not be published.

More on this topic

Hagerty Insider Newsletter

Your weekly dose of auction reports, market analysis, and more.

Thank You!
Your request will be handled as soon as possible
Hagerty Insider Newsletter
Your weekly dose of auction reports, market analysis, and more.
Share
Condition definitions
Condition #1: Concours
Condition #1 vehicles are the best in the world. The visual image is of the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 vehicles is “concours.“
Condition #2: Excellent
#2 vehicles could win a local or regional show. They can be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and finishes will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine. The vehicle will drive as a new vehicle of its era would. The one word description for #2 vehicles is “excellent.“
Condition #3: Good
#3 vehicles could possess some, but not all of the issues of a #4 vehicle, but they will be balanced by other factors such as a fresh paint job or a new, correct interior where applicable. #3 vehicles drive and run well, but might have some incorrect parts. These vehicles are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. “Good” is the one word description of a #3 vehicle.
Condition #4: Fair
#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. “Fair” is the one word that describes a #4 vehicle.
Condition #5: Poor
Running, but battered, incomplete, and perhaps rusty.
Condition #6: Parts car
Parts car.
N/A
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.