Used 2016 Ford Mustang for Sale nearMontreal, QC
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 300 hp 3.7L V6
- Exterior colour:
- Black
- Combined gas mileage:
- 11 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 75,800
- Stock #:
- PT946
- VIN:
- 1FATP8EM8H5321033


Sponsored by Mazda Gabriel Saint Laurent
2017 Ford Mustang
V6 Convertible RWD
75,800 km
$22,442
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior colour:
- Red
- Combined gas mileage:
- 13 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 60,223
- Stock #:
- P2134A
- VIN:
- 1FATP8FFXF5432261

Sponsored Listing
2015 Ford Mustang
GT Premium Convertible RWD
60,223 km
$34,996
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior colour:
- Gray
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Manual
- Mileage:
- 61,500
- Stock #:
- F0821B
- VIN:
- 1FATP8UH6F5415980

Sponsored Listing
2015 Ford Mustang
EcoBoost Premium Convertible RWD
61,500 km
$22,995
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior colour:
- Black
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Red
- Transmission:
- Manual
- Mileage:
- 169,000
- Stock #:
- 378866
- VIN:
- 1FATP8UH8F5378866
Photos coming soon
2015 Ford Mustang
EcoBoost Premium Convertible RWD
169,000 km
$12,595
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior colour:
- Red
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Manual
- Mileage:
- 83,914
- Stock #:
- US2042A
- VIN:
- 1FA6P8TH4H5303499

2017 Ford Mustang
EcoBoost Coupe RWD
83,914 km
$17,484
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 300 hp 3.7L V6
- Exterior colour:
- Silver
- Combined gas mileage:
- 11 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 62,754
- Stock #:
- T3024C
- VIN:
- 1FATP8EMXH5321101

2017 Ford Mustang
V6 Convertible RWD
62,754 km
$21,999
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior colour:
- Black
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 84,573
- Stock #:
- QP41207
- VIN:
- 1FATP8UH7F5401280

2015 Ford Mustang
EcoBoost Premium Convertible RWD
84,573 km
$20,995
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 300 hp 3.7L V6
- Exterior colour:
- Blue
- Combined gas mileage:
- 11 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Manual
- Mileage:
- 128,000
- Stock #:
- M0001
- VIN:
- 1FA6P8AM2H5288033

2017 Ford Mustang
V6 Coupe RWD
128,000 km
$14,995
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 300 hp 3.7L V6
- Exterior colour:
- Black
- Combined gas mileage:
- 11 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 75,800
- Stock #:
- PT946
- VIN:
- 1FATP8EM8H5321033

2017 Ford Mustang
V6 Convertible RWD
75,800 km
$22,442
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior colour:
- Gray
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Manual
- Mileage:
- 61,500
- Stock #:
- F0821B
- VIN:
- 1FATP8UH6F5415980

2015 Ford Mustang
EcoBoost Premium Convertible RWD
61,500 km
$22,995
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior colour:
- Red
- Combined gas mileage:
- 13 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 60,223
- Stock #:
- P2134A
- VIN:
- 1FATP8FFXF5432261

2015 Ford Mustang
GT Premium Convertible RWD
60,223 km
$34,996
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior colour:
- Silver
- Fuel type:
- Gasoline
- Mileage:
- 75,833
- Stock #:
- f0939
- VIN:
- 1FATP8FF1H5318359

2017 Ford Mustang
GT Premium Convertible RWD
75,833 km
$32,999
- Year:
- 2016
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 300 hp 3.7L V6
- Exterior colour:
- Red
- Combined gas mileage:
- 11 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 129,039
- Stock #:
- 26029B
- VIN:
- 1FA6P8AM3G5308367

2016 Ford Mustang
V6 Coupe RWD
129,039 km
$17,344
CarGurus Analysis:
2016 Ford Mustang
With 28 currently listed for sale and an average price of $30,281 CAD, 25.0% of 2016 Ford Mustang listings on CarGurus are rated as good or great deals.
Favourably reviewed: Owners rated the 2016 Ford Mustang 4.85 / 5 stars.
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior colour:
- White
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 88,956
- Stock #:
- 12136
- VIN:
- 1FATP8UH0F5405297

2015 Ford Mustang
EcoBoost Premium Convertible RWD
88,956 km
$21,703
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior colour:
- Gray
- Combined gas mileage:
- 12 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 44,013
- Stock #:
- 821377
- VIN:
- 1FA6P8CF2F5398091

2015 Ford Mustang
GT Coupe RWD
44,013 km
$34,988
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior colour:
- Red
- Combined gas mileage:
- 13 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Manual
- Mileage:
- 45,863
- Stock #:
- P4427
- VIN:
- 1FA6P8CFXH5345271

2017 Ford Mustang
GT Coupe RWD
45,863 km
$34,199
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior colour:
- Black
- Combined gas mileage:
- 13 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 56,031
- Stock #:
- PT1901
- VIN:
- 1FA6P8CF1H5308481

2017 Ford Mustang
GT Coupe RWD
56,031 km
$32,498
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior colour:
- Red
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Transmission:
- 6-Speed Automatic
- Mileage:
- 81,091
- Stock #:
- F1233
- VIN:
- 1FA6P8TH9F5372993

2015 Ford Mustang
EcoBoost Premium Coupe RWD
81,091 km
$17,995
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior colour:
- White
- Combined gas mileage:
- 13 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 108,500
- Stock #:
- 108500
- VIN:
- 1FATP8FF0F5416005

2015 Ford Mustang
GT Premium Convertible RWD
108,500 km
$29,285
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior colour:
- White
- Combined gas mileage:
- 13 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- N/A
- Transmission:
- Automatic
- Mileage:
- 85,087
- Stock #:
- MT 2184
- VIN:
- 1FATP8FF7H5318155

2017 Ford Mustang
GT Premium Convertible RWD
85,087 km
$35,360
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior colour:
- White
- Combined gas mileage:
- 13 L/100km
- Fuel type:
- Gasoline
- Transmission:
- 6-Speed Manual
- Mileage:
- 96,536
- Stock #:
- 31271
- VIN:
- 1FA6P8CF5H5200610

2017 Ford Mustang
GT Coupe RWD
96,536 km
$31,442
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior colour:
- Wimbledon White
- Combined gas mileage:
- 13 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- White
- Transmission:
- Manual
- Stock #:
- 140686
- VIN:
- 1FA6P8RF5F5500703

2015 Ford Mustang
GT 50 Years Limited Edition Coupe RWD
$67,995
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior colour:
- Black
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 84,573
- Stock #:
- QP41207
- VIN:
- 1FATP8UH7F5401280

Sponsored Listing
2015 Ford Mustang
EcoBoost Premium Convertible RWD
84,573 km
$20,995
CarGurus Analysis: 2016 Ford Mustang

Summary
With 28 currently listed for sale and an average price of $30,281 CAD, 25.0% of 2016 Ford Mustang listings on CarGurus are rated as good or great deals.
Favourably reviewed: Owners rated the 2016 Ford Mustang 4.85 / 5 stars.
Why it stands out
The 2016 Ford Mustang stands out because it combines the Mustang’s long-running rear-wheel-drive formula with a broader, more modernised sixth-generation package. This generation brought a sleeker, smoother design, coupe and soft-top convertible body styles, and an independent rear suspension as part of a ground-up redesign. It was also the first Mustang Ford produced and marketed for a global audience, which helped broaden its appeal beyond its traditional image. For shoppers, that means the 2016 model sits in a generation that feels more refined and more usable day to day while still keeping the car’s core performance identity intact.
Under the bonnet, the 2016 Ford Mustang offered a wide spread of engines and transmissions, which is one of its biggest strengths. The EcoBoost turbocharged 2.3-litre inline four-cylinder powered base Mustangs, while other available engines included a 3.7-litre V6, a 5.0-litre Coyote V8, and two versions of a 5.2-litre V8 exclusive to the Shelby GT350 and the GT500. Depending on the engine, buyers could choose from two six-speed manuals, six- and 10-speed automatics, and a seven-speed dual-clutch automatic. That variety makes the car appealing to a wide range of buyers, from those who want an accessible daily driver to those looking for a more serious performance machine.
There are also a few drawbacks to keep in mind. The sixth-generation Mustang could be affected by oil consumption and potential head gasket failure in EcoBoost models, and the transmission may be prone to slippage. In Canada, prices for this generation can still be relatively high, especially for later-model GT and GT Premium versions, while special editions command a premium. Even so, the 2016 Ford Mustang remains distinctive because it blends heritage, choice, and performance in a package that is still recognisably a Mustang, but more polished than earlier versions.
Other model years to consider
- 2023 Ford Mustang
- Average price: $31,938 CAD
- Good/great deal percentage: 37.8%
- User rating: 5 / 5
- Total listings: 37
- 2025 Ford Mustang
- Average price: $67,879 CAD
- Good/great deal percentage: 22.0%
- User rating: 5 / 5
- Total listings: 50
- 2019 Ford Mustang
- Average price: $27,554 CAD
- Good/great deal percentage: 25.0%
- User rating: 4.86 / 5
- Total listings: 32
Similar models to consider
- 2016 Chevrolet Camaro
- Average price: $18,495 CAD
- Good/great deal percentage: 33.3%
- User rating: 4.38 / 5
- Total listings: 12
- 2016 Subaru BRZ
- Average price: $13,902 CAD
- Good/great deal percentage: 50.0%
- User rating: 4 / 5
- Total listings: 4
This analysis is based on CarGurus' proprietary market data from October 19, 2026, CarGurus experts' opinions, and generative AI.
4.9 Overall rating
Filter by rating
Linda S
Reviewed a 2016 Ford EcoBoost Premium Convertible RWD on Dec 11, 2022
So beautiful, top up or down its a head- turner. Super comfortable to drive around town or on the highway, all good. Ford did a good job on the infotainment, plug and play to use Google maps. The sport mode really gets it while normal mode helps save gas. Best in class cargo means you can fit your stuff no problem. I have the 6 speed stick, notchy and fun all the time. The 4 cylinder turbo engine Ecoboost means the car is way lighter than the GT which makes this really easy to drive and nimble. The brakes are great. At 34,000 and have no issues, very reliable. I love this car. What a delight. They say things dont make your life better but this car proves otherwise!
James and Charla J
Reviewed a 2016 Ford Mustang on Sep 5, 2022
Great handling and sporty, we love Mustangs. They also hold their value really well
Matt C
Reviewed a 2016 Ford Mustang on Jan 20, 2021
The premium is the perfect mix of luxury meets sport. Plenty of options included adds lots of comfort. And this GT is fast with amazing handling and control. My wife can take it to the grocery store without being scared of it and I can drop it in sport mode and tear up the asphalt.
Scott C
Reviewed a 2016 Ford Mustang on Sep 6, 2023
I have a very well equipped Ecoboost Premium. The car rides exceptionally well. The 4 cyl has plenty of power and pulls close to 30 MPG on the highway. The car is a joy to drive and is my 5th Mustang. Having owned some older generations, this is the best one yet. Lots of creature comforts in this model and a nice mix of retro and new.
2016 Ford Mustang Trims
| Trim type | MSRP |
|---|---|
| EcoBoost Coupe RWD | $25,645 |
| EcoBoost Premium Coupe RWD | $29,645 |
| EcoBoost Premium Convertible RWD | $35,145 |
| GT Coupe RWD | $32,395 |
| GT Premium Coupe RWD | $36,395 |
| GT Premium Convertible RWD | $41,895 |
| V6 Coupe RWD | $24,145 |
| V6 Convertible RWD | $29,645 |
2016 Ford Mustang Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2016 Ford Mustang prices has changed over time.
See more price trends2016 Ford Mustang Pricing Analysis: Montreal, QC Market Report
Pricing in Nearby Cities
Market Area: Montreal, QC
Key Insights
- Highest-Price Market: The Brossard, QC market leads with an average price of $26,922 CAD, indicating a premium positioning in the region.
- Best Value: The average price across all nearby cities is consistent at $26,922 CAD, suggesting a stable market with no significant outliers.
- Inventory Drives Stability: With 27 listings in each of the cities, including Brossard, QC, the uniform inventory levels contribute to price stability across the region.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Brossard, QC | 27 | $26,922 CAD |
| Longueuil, QC | 27 | $26,922 CAD |
| Saint-Hubert, QC | 27 | $26,922 CAD |
| Lasalle, QC | 27 | $26,922 CAD |
| Lachine, QC | 27 | $26,922 CAD |
| Laval, QC | 27 | $26,922 CAD |
| Pointe-Claire, QC | 27 | $26,922 CAD |
| Terrebonne, QC | 27 | $26,922 CAD |
| Pierrefonds, QC | 27 | $26,922 CAD |
| Boisbriand, QC | 27 | $26,922 CAD |
Pricing by Trim Packages
Key Insights
- Volume Leader: The EcoBoost Premium Convertible RWD leads with 30 listings, indicating strong demand for this trim.
- Premium Spread: The GT Premium Convertible RWD has a starting MSRP of $41,895 CAD, reflecting a $6,750 CAD premium over the EcoBoost Premium Convertible RWD.
- Drivetrain Effect: All trims listed are RWD, suggesting a consistent drivetrain preference among buyers in this market segment.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| EcoBoost Premium Convertible RWD | 30 | $35,145 CAD | RWD | 2.3L 310 hp I4 |
| GT Premium Convertible RWD | 23 | $41,895 CAD | RWD | 5.0L 435 hp V8 |
| EcoBoost Coupe RWD | 14 | $25,645 CAD | RWD | 2.3L 310 hp I4 |
| GT Coupe RWD | 13 | $32,395 CAD | RWD | 5.0L 435 hp V8 |
| EcoBoost Premium Coupe RWD | 6 | $29,645 CAD | RWD | 2.3L 310 hp I4 |
| V6 Convertible RWD | 10 | $29,645 CAD | RWD | 3.7L 300 hp V6 |
| GT Premium Coupe RWD | 8 | $36,395 CAD | RWD | 5.0L 435 hp V8 |
| V6 Coupe RWD | 7 | $24,145 CAD | RWD | 3.7L 300 hp V6 |
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2026 model year shows an average price of $77,109 CAD, reflecting a significant premium of 133.7% over its starting MSRP.
- Depreciation Curve: The 2017 model year exhibits the steepest depreciation at -13.7%, indicating a potential opportunity for buyers seeking value in older models.
- Best Value Sweet Spot: The 2019 model year has an average price of $27,554 CAD, which is only 4.4% above its starting MSRP, making it a compelling option for budget-conscious shoppers.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2026 | $32,995 CAD | $77,109 CAD | +133.7% |
| 2025 | $31,920 CAD | $70,550 CAD | +121.0% |
| 2024 | $30,920 CAD | $50,209 CAD | +62.4% |
| 2023 | $27,770 CAD | $31,938 CAD | +15.0% |
| 2022 | $27,470 CAD | $69,483 CAD | +152.9% |
| 2021 | $27,205 CAD | $37,694 CAD | +38.6% |
| 2019 | $26,395 CAD | $27,554 CAD | +4.4% |
| 2018 | $25,680 CAD | $23,594 CAD | -8.1% |
| 2017 | $25,185 CAD | $21,724 CAD | -13.7% |
| 2016 | $24,145 CAD | $26,922 CAD | +11.5% |
| 2015 | $23,800 CAD | $35,481 CAD | +49.1% |
These recommendations are based on CarGurus' proprietary market data from October 20, 2026, CarGurus experts' opinions, and generative AI.
How much does the 2016 Ford Mustang cost?
| Metric | Value |
|---|---|
| Current Average Price | $23,791 CAD |
| Year-Round Low | $21,243 CAD |
| Year-Round High | $24,831 CAD |
| Average Price a Year Ago | $24,719 CAD |
| Change vs. Last Year | −3.76% |
Prices have softened 3.76% compared to this time last year, making it a favourable time to shop this model year.
There are 142 listings available, which suggests you have a reasonable amount of inventory to compare.
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, handling, and stylish design, and many also like the value it offers compared with similar cars. For you, that makes it a compelling choice if you want a rear-wheel-drive sports car that still feels more refined and usable day to day. With 27.5% of listings marked as good or great deals, there is still some 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 and enjoyable over time, especially when it comes to its smooth driving character and lasting appeal. That said, used buyers should still inspect carefully for model-specific issues and confirm maintenance history before committing to long-term ownership.
Is now a good time to buy a used 2016 Ford Mustang?
This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you are patient.
- Deal availability: 27.5% of listings are priced as good or great deals.
- Inventory: There are 142 listings available.
- Price trend: Prices have softened 3.76% compared with last year.
If you find a listing below $21,243 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 $23,791 CAD sits slightly below last year's $24,719 CAD.
That softer pricing can be helpful if you are buying now, but it also means future sellers may face a more competitive market if prices continue to ease. The current range still leaves room for well-kept examples to hold value better than average, especially if they are priced near the lower end of the market. 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:
- 27.5% of listings are priced as good or great deals.
- Price trend: Prices have softened 3.76% compared with last year.
- Owners rate it 4.8/5 — a strong satisfaction signal.
Consider the 2015 if:
- At $22,665 CAD, the 2015 costs less than the current year's $23,791 CAD average.
- It brought a major redesign that improved 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 spending less up front, the 2015 is the better value-oriented alternative, especially if you find a clean example with the features you want.
How does the 2016 Ford Mustang compare to the 2016 Chevrolet Camaro?
| Spec | 2016 Ford Mustang | 2016 Chevrolet Camaro |
|---|---|---|
| Starting MSRP | $24,145 CAD | $25,700 CAD |
| Engine | 3.7L 300 hp V6 | 2.0L 275 hp I4 |
| Horsepower | 300 hp @ 6500 rpm | 275 hp @ 5600 rpm |
| MPG/MPGe (city) | 17 | 21 |
| MPG/MPGe (highway) | 28 | 30 |
| Average used price | $23,791 CAD | $28,637 CAD |
| Listings available | 142 | 48 |
| Good & great deal share | 27.5% | 31.3% |
These recommendations are based on CarGurus' proprietary market data from October 21, 2026, CarGurus experts' opinions, and generative AI.
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