Was $6,075 a good price for this 2020 FORD MUSTANG?

2223 comparable 2020 FORD MUSTANG listings sold at auction for a median of $6,750, spanning $3,850 to $14,025. At $6,075 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 2020 FORD MUSTANG's pre-damage retail value at $19,685. It sold for $6,075 — 69% 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 other (california) mean for this FORD MUSTANG?

This 2020 FORD MUSTANG was sold on a other (california). The title type is the auction's own classification and determines what can legally be done with the vehicle afterwards.

This FORD MUSTANG has flood and 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 1 miles high for a 2020 FORD MUSTANG?

Comparable 2020 FORD MUSTANG listings at auction averaged 62,179 miles across 2223 sales, so at 1 miles this one sits 100% below 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 2020 FORD MUSTANG?

The listing seller was Infinity 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.

2020 FORD MUSTANG ECOBOOST PREMIUM Gray 2.3L I-4 DI, DOHC, VVT, turbo, 310HP - 1FATP8UH5L5131381 | $6,075

1FATP8UH5L5131381 2020 FORD MUSTANG - Image 1

Price

$6,075

Auction service

IAAI

Sale Date

2/14/2024

Lot

#38470820

Full vehicle history reportAccidents · title brands · service records

ⓘ Historical Archive

This vehicle was sold at IAAI on February 14, 2024. We do not sell cars - we only provide auction history data.

Description

This is an entry presenting FORD MUSTANG manufactured in 2020, represented by 1FATP8UH5L5131381 VIN number.The auction took place on IAAI and it's latest price was $6,075. Below you can find more details about this vehicle, including engine type, damage, transmission and odometer.

MakeFORD
ModelMUSTANG
VIN1FATP8UH5L5131381
Year2020
Body StyleConvertible
Car KeysPRESENT
ColorGRAY
Cylinders4 Cyl
Document TypeOther (California)
DriveREAR WHEEL DRIVE
Engine Type2.3L I-4 DI, DOHC, VVT, TURBO, 310HP
Estimated Retail Value$19685
FuelGASOLINE
Highlights
LocationNORTH HOLLYWOOD (CA)
Odometer1 miles
Primary DamageFlood
Secondary Damage
SellerInfinity Insurance
SeriesECOBOOST PREMIUM
TransmissionAutomatic

In a notable event at the IAAI auction, a 2020 Ford Mustang ECOBOOST PREMIUM recently went under the hammer. The auction, which concluded on 2024-02-14 at the North Hollywood (CA) location, saw this vehicle being sold for 6075$. This figure stands in contrast to its estimated retail value of 19685$. The vehicle, bearing VIN 1FATP8UH5L5131381 and lot number 38470820, was particularly popular and was bought from None. Located in North Hollywood (CA), this ECOBOOST PREMIUM Ford Mustang distinguished itself with its gray exterior. It has registered 1 miles. Importantly, car keys are available for this vehicle. Though it has sustained flood damage, the vehicle was categorized as and comes with a salvage title, offering buyers full knowledge of its condition. The car is powered by a 2.3L I-4 DI, DOHC, VVT, turbo, 310HP engine, incorporating 4 Cyl cylinders. It features an rear wheel drive drivetrain and a automatic transmission, promising a superior driving experience. As a gasoline-powered vehicle, this Ford Mustang successfully combines luxury with practicality, remaining a sought-after option despite its flood damage.

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.

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Market Price Comparison - 2020 FORD MUSTANG

Average market prices based on 2223 recent auction sales. Prices vary by condition, mileage, and location.

Average USA Price

$6,750

Average Europe Price

$10,739

Price Range (USA)

$3,850 - $14,025

Note: These are median values from recent auction sales of 2020 FORD MUSTANG. Europe prices are estimated and may vary by country. Actual prices depend on vehicle condition, mileage, and market conditions.

How this 2020 FORD MUSTANG compares

Based on recorded auction sales of this model with flood 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: $6,075 — 10% below the $6,750 median across 2223 sales
Against pre-damage value: 69% below the $19,685 estimated retail value
Mileage: 1 mi — 100% below the 62,179 mi average for this group
Keys: Present
Condition note
Title: Other (California)
Secondary damage
Seller: Infinity Insurance

Frequently Asked Questions - 2020 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.