Original 1968 Ford Mustang from Bullitt sells for $3.74 million

But even after the buyer's premium, it fell shy of taking the record for most expensive American muscle car.

Kyle Hyatt Former news and features editor
Kyle Hyatt (he/him/his) hails originally from the Pacific Northwest, but has long called Los Angeles home. He's had a lifelong obsession with cars and motorcycles (both old and new).
Sean Szymkowski
It all started with Gran Turismo. From those early PlayStation days, Sean was drawn to anything with four wheels. Prior to joining the Roadshow team, he was a freelance contributor for Motor Authority, The Car Connection and Green Car Reports. As for what's in the garage, Sean owns a 2016 Chevrolet SS, and yes, it has Holden badges.
Kyle Hyatt
Sean Szymkowski
2 min read
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The original Bullitt Mustang, shown around the world, sold for $3.4 million.

Historic Vehicle Association

Back in 2018, when Ford revealed that it had found the original Steve McQueen-driven, 1968 Highland Green Mustang  from the movie Bullitt, the internet freaked out. Of course, this announcement happened alongside the debut of the decidedly excellent modern Bullitt Mustang, so that probably helped too, but nevertheless, it was a big deal.

The original Mustang, all patinated and gorgeous, had been in the same family for decades but, all things must change eventually, and now the car is going up for auction. The very special Mustang was sold by Mecum on Friday at its Kissimmee, Florida auction. The hammer price, plus the buyer's premium, was a whopping $3.74 million, which makes it the most expensive Mustang ever sold at auction. Previously, a 1967 Shelby Mustang GT500 took the title with a $2.2 million sale price.

Given the provenance of the Bullitt Mustang, it was difficult to put a price tag on it. Still, some experts expected it to go for as much as $4 million. Noting the softening of the classic car market over the last year or two, that makes the $3.74 million price pretty remarkable. We've seen lower hammer prices consistently, most recently in in Monterey.

The mighty valuable Mustang fell short of another crown, however. It just barely missed out on becoming the most expensive American muscle car sold at auction. Previously, a 1971 Plymouth 'Cuda convertible sold for $3.78 million in 2014. That's also when classic car prices were seemingly at their highest, which further makes the Bullitt Mustang's price look pretty lofty. McKeel Hagerty, CEO of classic car insurer Hagerty, perhaps summed up its significance best.

"The fact that [the Bullitt Mustang] had disappeared for decades, only to reemerge as an unrestored, movie-car time capsule is something we'll likely never see again in our lifetimes," he said in a statement.

Now, hopefully the car gets a deserving home. Whether we see this piece of history hit the auction block again some day remains to be seen, but I'd venture to guess it will.

Watch this: Breaking down Bullitt: A behind-the-scenes look at our tribute to the classic

2019 Ford Mustang Bullitt is back

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Originally published Jan. 9.
Update, Jan. 10: Updated to reflect the final sale price at the auction and clarify the price includes the buyer's premium, as all records do.
Update, Jan. 13: Corrected Hagerty's original information to explain the Bullitt Mustang did not become the most expensive American muscle car sold at auction.