Was $4,375 a good price for this 2016 FORD MUSTANG?

2468 comparable 2016 FORD MUSTANG listings sold at auction for a median of $4,850, spanning $3,300 to $9,000. At $4,375 this one went 10% below that median. Auction prices reflect as-is condition, so the gap usually comes down to damage severity, mileage and whether the car runs.

How much below its undamaged value did this FORD MUSTANG sell for?

The insurer put this 2016 FORD MUSTANG's pre-damage retail value at $16,023. It sold for $4,375 — 73% below that. A gap this size is normal for auction vehicles: the buyer takes on the repair cost, the paperwork and the risk that damage is worse than the photos show.

What does a salvage (indiana) mean for this FORD MUSTANG?

This 2016 FORD MUSTANG was sold on a salvage (indiana). A salvage title means an insurer declared the vehicle a total loss. Repairing it and passing a state inspection can convert it to a rebuilt title, which stays on the record permanently and affects resale value.

This FORD MUSTANG has left front and front end damage — how does that affect it?

Damage recorded in two areas usually points to a heavier impact than either label suggests on its own, and it raises the odds of structural damage behind the panels. The auction records the primary and secondary areas only; it does not assess the frame. Photographs and, where available, a physical inspection are the only way to judge how far it goes.

Is 134,534 miles high for a 2016 FORD MUSTANG?

Comparable 2016 FORD MUSTANG listings at auction averaged 98,541 miles across 2468 sales, so at 134,534 miles this one sits 37% above that. At salvage auctions mileage moves the price far less than damage does — a low-mileage car with structural damage will still sell under a higher-mileage clean one.

Who sold this 2016 FORD MUSTANG?

The listing seller was Progressive Casualty Insurance. Seller type is a useful signal: insurers typically consign total-loss vehicles, rental and fleet operators consign on a cycle regardless of damage, and dealers consign trade-ins they do not want to retail. Each implies a different history behind the same damage label.

2016 FORD MUSTANG White 2.3L I4 FI DOHC 16V NF4 - 1FA6P8TH5G5285013 | $4,375

1FA6P8TH5G5285013 2016 FORD MUSTANG - Image 1

Price

$4,375

Auction service

IAAI

Sale Date

1/17/2024

Lot

#38079884

Full vehicle history reportAccidents · title brands · service records

ⓘ Historical Archive

This vehicle was sold at IAAI on January 17, 2024. We do not sell cars - we only provide auction history data.

Description

This is an entry presenting FORD MUSTANG manufactured in 2016, represented by 1FA6P8TH5G5285013 VIN number.The auction took place on IAAI and it's latest price was $4,375. Below you can find more details about this vehicle, including engine type, damage, transmission and odometer.

MakeFORD
ModelMUSTANG
VIN1FA6P8TH5G5285013
Year2016
Body StyleCoupe 2 Door
Car KeysPRESENT
ColorWHITE
CylindersN/A
Document TypeSalvage (Indiana)
DriveREAR WHEEL DRIVE
Engine Type2.3L I4 FI DOHC 16V NF4
Estimated Retail Value$16023
FuelOTHER
Highlights
LocationINDIANAPOLIS (IN)
Odometer134534 miles
Primary DamageLeft Front
Secondary DamageFRONT END
SellerProgressive Casualty Insurance
Series
TransmissionUnknown

This 2016 Ford Mustang was a highlight of our IAAI auction collection. The auction event was scheduled for 2024-01-17 in the vibrant Indianapolis (IN). This vehicle was sold for 4375$ to a new buyer from None. The car was estimated to have a retail value of 16023$. Its unique identity is marked by the 1FA6P8TH5G5285013 VIN and 38079884 lot number, ensuring easy tracking and verification. Located in Indianapolis (IN), this Ford Mustang boasts an eye-catching white finish. The vehicle shows an odometer reading of 134534 miles, indicating its journey so far. Notably, car keys are with the car. The 2016 Ford Mustang has experienced left front damage, yet it has been classified under , an essential factor for buyers considering the vehicle's past and present state. It comes with a salvage title, a vital detail for those evaluating its backstory and condition. Performance-wise, this car is equipped with a 2.3L I4 FI DOHC 16V NF4 engine and None cylinders, delivering a powerful and engaging drive. The rear wheel drive drivetrain paired with an unknown transmission offers a blend of efficiency and smooth handling. This vehicle runs on other, a common and easily accessible choice, adding to its practicality. The auction listing of this Ford Mustang offers a unique opportunity. It combines luxury and functionality, making it an attractive option even with its left front damage. The 2016 Ford Mustang stands out as an excellent prospect for those seeking a high-end vehicle with reliable performance attributes.

AutoBidCar provides comprehensive information about cars from COPART and IAAI auctions. A large database of vehicles ensures you are always informed before purchasing your dream vehicle.

IAAI

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Sold For

$7,200

COPART

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Sold For

N/A

IAAI

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Market Price Comparison - 2016 FORD MUSTANG

Average market prices based on 2468 recent auction sales. Prices vary by condition, mileage, and location.

Average USA Price

$4,850

Average Europe Price

$7,716

Price Range (USA)

$3,300 - $9,000

Note: These are median values from recent auction sales of 2016 FORD MUSTANG. Europe prices are estimated and may vary by country. Actual prices depend on vehicle condition, mileage, and market conditions.

How this 2016 FORD MUSTANG compares

Based on recorded auction sales of this model with left front damage over the last 36 months. Figures are estimates drawn from past sales, not a valuation. Transport costs are indicative market rates, not quotes.

Against comparable sales: $4,375 — 10% below the $4,850 median across 2468 sales
Against pre-damage value: 73% below the $16,023 estimated retail value
Mileage: 134,534 mi — 37% above the 98,541 mi average for this group
Keys: Present
Condition note
Title: Salvage (Indiana)
Secondary damage: Front End
Seller: Progressive Casualty Insurance

Frequently Asked Questions - 2016 FORD MUSTANG

Common questions about this vehicle and our auction data archive

Note: AutoBidCar is an archive service providing historical auction data. We do not sell vehicles or facilitate purchases. All information is provided for research purposes only.