All prices shown here are representative of stock condition vehicles only and based on various data sources, as detailed in About Our Prices. Value adjustments for optional equipment are in U.S. dollars. More information on how forecast models are calculated can be found on Forecasted Values page. For additional information and a complete description of benefits, visit hagerty.CA/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of the Hagerty Group LLC, ©2025 The Hagerty Group, LLC. All Rights Reserved.
1980 Ford Mustang
3dr Hatchback Coupe
8-cyl. 255cid/119hp 2bbl
#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good
$10,800 CAD*
+3.8%
#4 Fair condition#4 Fair
Jan 2025
Pricing adjustments
-15% for I6.
-20% for non-turbo 4-cyl.
Adjustments are in USD
-15% for I6.
-20% for non-turbo 4-cyl.
Adjustments are in USD
Let us watch the market for you
We update the Hagerty Price Guide each quarter. Sign up for alerts and we'll notify you about value changes for the cars you love.
1979-1993 Ford Mustang stats
Highest sale
$291,707 CAD
Lowest sale
$1,511 CAD
Most recent sale
$151,106 CAD
Sales
2181
Photos
44 photosImages may not reflect selected vehicle.
Past sales
$151,105 CAD
1991 Ford Mustang 5.0 GT
203 M
Standard
North America
Mar 12, 2025Bring a Trailer
View details
$43,942 CAD
1990 Ford Mustang 5.0 LX
27000 M
Standard
North America
Mar 10, 2025Bring a Trailer
View details
$217,289 CAD
1993 Ford Mustang 5.0 SVT Cobra R
2153 M
Standard
North America
Mar 7, 2025Broad Arrow Auctions
View details
$65,187 CAD
1989 Ford Mustang Saleen
27000 M
Automatic
North America
Feb 28, 2025Bring a Trailer
View details
$57,431 CAD
1990 Ford Mustang 5.0 GT
1400 M
Standard
North America
Feb 23, 2025Bring a Trailer
View details
$19,541 CAD
1988 Ford Mustang 5.0 LX
51000 M
Standard
North America
Feb 22, 2025Bring a Trailer
View details
Insurance
Protect your 1980 Ford Mustang from the unexpected.
Better coverage built for classics at a price you can afford. Online quotes are fast and easy
More 1980 Ford Mustang values
Model overview
Model description
The 1979 Ford Mustang did a lot to resurrect the serious performance image of the Mustang. Given the big changes of the year before, the 1980 model was mostly a slight evolution with small but thoughtful changes, most of them a distinct sign of their times.
Thanks to the second OPEC Oil Crisis, the “5.0” was gone from the lineup, replaced by a wheezing 4.2-liter V-8 that made only 119 horsepower. The engine offerings continued to include the anemic 2.3-liter inline-4 (88hp) and the dated 3.3-liter six-cylinder (91hp).
The departure of the “5.0” meant the Cobra was the most powerful Mustang for 1980. It featured a 2.3-liter 2V turbocharged inline-4 making 132 horsepower at a throaty 6,000 RPM. You could also get the Cobra with the V-8, which despite making only 119hp, provided the most torque, at 193 pound-feet.
The Cobra was visually updated for 1980 with the aerodynamic ground effects from borrowed from the 1979 Mustang Indy 500 Pace Car Edition. It also came with Marchal fog lights, and a (non-functional) cowl induction hood. That hood could also be adorned with the wonderfully ‘80s Cobra snake decal as an option. On the inside, you could get the Cobra with Recaro sport seats, which is a desirable option to keep an eye out for when Fox body shopping.
A convertible Mustang would not be offered for another three years. Instead, Ford offered the 1980 Mustang with the “carriage roof,” which was a sleepy landau top for coupe models.
The highest number sold was the base model 2-door sedan, or commonly known as the “Notchback,” at 128,893 sold. The base model hatchback or “Fastback” was the next most common, with 98,497 sold. The uprated luxury model trim was still the Ghia, and Ford sold 23,647 Notchback Ghias compared 20,285 Fastback Ghias in 1980.
The rarest of the rare in 1980 were the M81 McLaren Mustangs. Created by McLaren Engines of Michigan, they were developed for Ford’s Special Vehicle Operations, with IMSA in mind. Only ten were built, and all ten featured an improved version of the turbocharged powerplant.
Vehicle specifications
- Vehicle Length179.1 in
- Wheelbase - Inches100.4 in
Equipment
- StandardOptional
- Transmission4-Speed Manual TransmissionAutomatic Transmission
- BrakesFront Disc BrakesPower Brakes
- Power SteeringYes—
- Tires—White Sidewall Tires
- Air Conditioning—Yes
Equipment
Standard
- Transmission4-Speed Manual Transmission
- BrakesFront Disc Brakes
- Power SteeringYes
- SeatsBucket Seats
- TachometerYes
Optional
- TransmissionAutomatic Transmission
- BrakesPower Brakes
- TiresWhite Sidewall Tires
- Air ConditioningYes
Find more values
Search for prices of other cars, trucks, vans and motorcycles
Common Questions
The value of a 1980 Ford Mustang can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $10,850 USD for a 1980 Ford Mustang in good condition with average spec.
The highest selling price of a 1980 Ford Mustang at auction over the last three years was $111,375 CAD. The highest prices are usually reserved for rare or exceptionally well-maintained examples with desirable features or modifications and excellent history.
The lowest selling price of a 1980 Ford Mustang at auction over the last three years was $5,244 CAD. The lowest prices are usually paid for examples that have extensive maintenance needs, differ greatly from their original configuration, or have accident histories or title problems.
In the last three years there have been 6 1980 Ford Mustangs sold at public auction.
The most recent auction sale of a 1980 Ford Mustang was $75,987 CAD on September 07, 2024 by Mecum Auctions.
Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.
Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.
Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.
The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.