Sold for $224,000. Apparently that estimate was quite low.
The estimate for Tom Petty’s 1964-1/2 Mustang convertible? How about just $25,000 to $35,000?
Hagerty lists a No. 3 value for the car at $35,600.
Bonhams will offer the Mustang–Rangoon red over a white and red interior–later this week during its Quail auction.
This Mustang, acquired by Petty in 2002, features the mid-level, D-code V8 backed with an automatic transmission.
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Price
Price upon request
Color
Rangoon red