1996 Ford Mustang

Saleen S281 Convertible
Mecum Houston 2021
Thursday, 8 April - Saturday, 10 April 2021
Sale Price
10 April 2021
Sold Date
Lot Number
Mecum Auctions
Auction House
Chassis no. 1FALP45X9TF224932. White with black graphics and black top over black leather. 4.6L Modular V-8, aftermarket intake, Saleen wheels and body kit, Alpine stereo, power windows, air conditioning.

Evaluation: Grimy engine bay other than new plugs/wires and a new alternator. Decent original paint with a few scratches and chips that are unavoidable on a car driven 86,336 miles. Heavy scrapes and dings on the front wheels. Heavy wear to the steering wheel and the dash top looks a little faded but the seats look fantastic given the mileage. Never the most desirable Saleen Mustang to begin with, and this car has been used as intended and at this point is a bit worn out.

Bottom Line: 1996 was the first year for the Saleen S281, and although it looks the part with the body kit and does have suspension upgrades, it only came with the standard Modular V-8 from the regular Mustang GT. This one sold for $9350 in Kissimmee last year then sold again there this year for $15,400. That it brought so much again only a few months later is surprising, especially given all the wear and tear. There are plenty of ways to get more Mustang for your money than this.

by Andrew Newton
21 April 2021
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Your email address will not be published.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.
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.
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.