First Ford Mustang Bullitt Auctioned Off for $300K While a regular Mustang starts around the $50,000 range... the money went toward a good cause. The Barrett-Jackson auction in Scottsdale, Arizona was all for charity. 100 percent of the auction's proceeds are going directly to charity. All of the proceeds are going to the community school the Boys Republic. The organization was established to help at-risk boys return to their communities.
