Used 2016 Ford Mustang for Sale near British Columbia

How much does the 2016 Ford Mustang cost?

Prices have softened 2.90% compared to this time last year, making it a favourable time to shop this model year.

There are 142 listings available, which suggests a decent amount of inventory for shoppers comparing options.

Is the 2016 Ford Mustang a good car?

Yes — the 2016 Ford Mustang earns a 4.8/5 user rating, which points to strong owner satisfaction. Owners consistently praise its fun and smooth ride, performance, and handling, while also highlighting its stylish design and the value it offers compared with similar cars. That makes it a strong fit if you want a sporty coupe or convertible with broad appeal and a modernised sixth-generation feel. With 28.2% of listings marked as good or great deals, there is still room to shop selectively.

Is the 2016 Ford Mustang reliable?

Owners rate it 4.8/5, a strong signal of long-term satisfaction.

The owner feedback points to a car that many drivers find dependable enough to enjoy over time, especially because they value its performance, handling, and overall driving experience. The same feedback also suggests it can be a car you feel good about living with day to day, rather than just on weekends. For used buyers, the main long-term ownership risk is making sure the specific car you choose has been maintained carefully and checked for any model-specific issues.

Is now a good time to buy a used 2016 Ford Mustang?

This looks like a moderate market, so you can be selective without expecting every listing to be a bargain.

• Deal availability: 28.2% of listings are priced as good or great deals.
• Inventory: There are 142 listings available.
• Price trend: Prices have softened 2.90% compared with last year.

If you find a listing below $21,229 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Ford Mustang's resale value?

The current average of $23,613 CAD sits slightly below last year's $24,319 CAD.

That softer pricing can work in your favour if you buy now, but it also means future resale gains may be more limited unless the market strengthens. If you plan to sell later, the current trend suggests you should expect value to hold reasonably well rather than climb sharply. Strong demand from shoppers looking for a sporty, stylish used car should help support interest over time.

Vehicles with strong owner satisfaction ratings, like this model year's 4.8/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 Ford Mustang or consider a different year?

If you're weighing the 2016 against nearby model years, here's how to think about it:

Choose the 2016 if:

• 28.2% of listings are priced as good or great deals.
• Price trend: Prices have softened 2.90% compared with last year.
• Owners rate it 4.8/5 — a strong satisfaction signal.

Consider the 2015 if:

• At $23,151 CAD, the 2015 costs less than the current year's $23,613 CAD average.
• It introduced the redesigned Mustang with a big step forward in dynamics and technology.

The bottom line:
Choose the 2016 if you want the stronger current-market balance of price, inventory, and owner satisfaction. If your priority is saving a bit more upfront, the 2015 is the better secondary path, especially if you find one in excellent condition.

How does the 2016 Ford Mustang compare to the 2016 Chevrolet Camaro?

These recommendations are based on CarGurus' proprietary market data from November 4, 2026, CarGurus experts' opinions, and generative AI.