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Ford

Ford - Mustang (1974)

Welcome to our comprehensive pricing guide for the iconic Ford Mustang. Whether you’re researching the classic 1974 model, exploring the latest variations of the modern Mustang, or simply wondering how “used Ford Mustang price” trends over time, this database gives you the data you need to make an informed decision. Why the Mustang Matters A timeless symbol of American muscle, the Ford Mustang remains one of the most beloved sports coupes globally. Its rich history—from the original 1964 launch to the roaring 1974 editions—has earned it a dedicated fan base and enduring market demand.

  • Model Year: 1974
  • Body Style: Two‑door coupe, two‑seater
  • Engine: 5.8L (352) V8 (common), 4.1L (260) V8 (factory trim), optional 4.4L (302) for later revisions
  • Transmission: 3‑speed automatic or 4‑speed manual, depending on trim and year
  • Fuel Type: Regular gasoline (87 octane)
  • Power: 220–260 hp (depending on engine variant)
  • Torque: 330–375 lb‑ft
  • Curb Weight: Approx. 3,300–3,400 lbs
  • Wheelbase: 105.3 inches
  • Length: 181.8 inches
  • Height: 54.0 inches
  • Width: 70.4 inches (rear width)
  • Suspension: Independent front struts, multi‑link rear
  • Brakes: Ventilated front discs, solid rear drums
  • Tires: 245‑10 front, 255‑10 rear
  • Interior: Leather or vinyl upholstery, 5‑point seat belts, manual or power steering
  • Iconic Features: Classic “power‑grill” hood, frameless windows, statement hood scoop
  • Market Position: Early 1970s muscle car icon; still highly prized among classic car collectors and Mustang enthusiasts.
Depreciation Insight Understanding how a vehicle’s value changes over time is key when evaluating a used Mustang’s worth.
  • 1940‑2000 Era: The 1974 Ford Mustang typically loses 15‑20% of its initial value within the first year on the used market. This is due largely to the car’s aging platform and the rise of newer muscle cars.
  • 5‑10 Year Horizon: Over the next five years, the Mustang often depreciates another 10‑15% of its remaining value, especially in condition classes below “excellent.”
  • Long‑Term Resilience: Classic Mustangs with original parts, well-maintained rust control, and limited mileage can hold or even increase in value, though such cases are typically in the top 10‑15% of the market.
  • Used Ford Mustang Price Variation: The depreciation curve for modern Mustangs (e.g., 2023 models) shows a similar pattern but with a slightly steeper first‑year drop at 25‑30%, reflecting higher starting prices.
What Is a 1974 Ford Mustang Worth? While the exact value will vary by lot, condition, and regional demand, you can get a ballpark figure by factoring the following elements:
  • Congrats on an excellent roadworthy condition: $7,000‑$10,000
  • Vehicle with cosmetic or mechanical issues: $4,500‑$6,800
  • Historical or highly restored models: $12,000‑$18,000+
Keep in mind that the “Ford Mustang 1974 price” is best viewed as a range rather than a fixed number—prices are influenced by provenance, restoration quality, and market sentiment. Comparison Context How does the 1974 Mustang stand against its rivals?