How Much is a 1989 Shelby Cobra Worth?

The 1989 Shelby Cobra represents a specific production year with 1 documented auction sales in the past 12 months. This year commands a premium of 114% above the overall model median, reflecting its position within the model's production timeline. The median sale price of $120,000 places it above the broader Shelby Cobra market average of $56,000. Values for this year range from $120,000 to $120,000, demonstrating notable variation based on condition, mileage, and specific configuration.