Question 1

Was $5,050 a good price for this 2016 FORD MUSTANG?

Accepted Answer

2446 comparable 2016 FORD MUSTANG listings sold at auction for a median of $4,850, spanning $3,350 to $9,000. At $5,050 this one went 4% above that median. Auction prices reflect as-is condition, so the gap usually comes down to damage severity, mileage and whether the car runs.

Question 2

What does a salvage mean for this FORD MUSTANG?

Accepted Answer

This 2016 FORD MUSTANG was sold on a salvage. 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.

Question 3

How far is this FORD MUSTANG from an export port?

Accepted Answer

The lot sat at IAAI in VA - FREDERICKSBURG. The nearest major vehicle export port is Norfolk, roughly 120 miles away. Moving a car that distance on an open carrier typically runs $200-$300, which is a real part of the landed cost and one reason identical cars fetch different bids depending on where they sit. Rates are indicative market figures rather than quotes, and rise with fuel prices and in winter.

Question 4

What does "RUN AND DRIVES" mean on this listing?

Accepted Answer

RUN AND DRIVES is the auction's own condition note for this 2016 FORD MUSTANG. It means the vehicle started and moved under its own power during a brief check at the yard. It is not a mechanical inspection and says nothing about how far it would drive. Anything beyond that has to come from the photos and a physical inspection.

Question 5

This FORD MUSTANG has fresh water and right side damage — how does that affect it?

Accepted Answer

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.

Question 6

Is 118,243 miles high for a 2016 FORD MUSTANG?

Accepted Answer

Comparable 2016 FORD MUSTANG listings at auction averaged 98,340 miles across 2446 sales, so at 118,243 miles this one sits 20% 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.

2016 FORD MUSTANG ECOBOOST BLACK 2.3L I-4 DI, DOHC, VVT, TURBO, 310HP - 1FA6P8TH9G5218480 | $5,050

Price

Auction service

Sale Date

Lot

Description

Similar Cars

Other FORD MUSTANG listings

Other cars with fresh water damage

Popular models Ford

Market Price Comparison - 2016 FORD MUSTANG

How this 2016 FORD MUSTANG compares

Frequently Asked Questions - 2016 FORD MUSTANG