Ford - Mustang [Pre-1994] (1989)

Ford Mustang [Pre-1994] – the classic racer that still turns heads today. Whether you’re tracking the Ford Mustang [Pre-1994] price for a first‑time collector or eyeing the elusive 1989 variant, owners and enthusiasts understand that this iconic muscle car offers timeless style backed by solid performance. The market for these vintage Mustangs is active, yet inventories vary widely by market and condition, so it’s essential to keep a finger on the pulse of current listings and understand how a Ford Mustang [Pre-1994] 1989 price can change from one seller to the next.

• Engine: 5.0L V8 (batch dependent)
• Transmission: Typically 4‑speed automatic (3‑speed available on early models)
• Fuel Type: Regular gasoline
• Power: 4‑to‑5‑speed...
• Wheelbase: 110.4 in (2.8 m)
• Length: 183.5 in (4.68 m)
• Width: 71.4 in (1.82 m)
• Height: 56.0 in (1.42 m)
• Turning Radius: 31.3 ft (9.56 m)
• Head‑Room: Front 39.8 in (1.01 m)
• Rear‑Room: Rear 46.2 in (1.17 m)
• Ground Clearance: 7.3 in (18.5 cm)
• Boot Capacity: 13.9 cu ft (393 l)
• Money…

Each of these specifications is a cornerstone for determining the value of a used Mustang. Let’s break down how Ford Mustang [Pre‑1994] depreciation plays out over time.

Depreciation Insights

When the sun first hit the 1989 lineup, these cars were built to blend raw power with straightforward styling. What is a 1989 Ford Mustang [Pre-1994] worth?—that question is answered best by looking at the depreciation curve. Typically:

• First year: 15‑20% drop from the original trade‑in value the following year.
• Year 2‑3: an additional 5‑10% devaluation, depending on maintenance records and mileage.
• Year 4‑5: surplus...
• Beyond 5 years: as the vehicle enters collector territory, depreciation slows and values often stabilize or even appreciate, especially if the car is well‑documented and has low mileage.

Investors and hobbyists should note that prestige models—like a 1989 Mustang with unique options (muscle kits, aftermarket parts, certified historical status)—may see reduced depreciation, sometimes maintaining 85‑95% of the original retail price after seven years. However, heavily modified, poorly maintained or high‑mileage examples depreciate faster.

Comparison Context

When debating whether to buy a used Ford Mustang [Pre‑199