There are plenty of web sites that can give you an idea of its value. There are also many repossessed cars at auction and auto sale sites such as ebay, auto-trader and related auto selling venues that will give you a better perspective of the vehicles value, saleability and desirability. If this were a 1968 or 1969 it would be of greater value as the muscle cars were king. A 1986 I would venture to say may have some value but the real classic value of it is more questionable.
I Have A 1986 Mercury Cougar 1 Owner Very Good Shape And Very Low Mileage. What Is The Value Of It? I Am Told That It Is A Classic Car Now.
The car is only worth $500 to any dealer if you trade it in. Worth a little more private sale. To make that car worth anything, you must get it appraised and insure it for that value. Otherwise its just another old car.