Used 2016 Ford Mustang for Sale Nationwide
137 results
CarGurus Analysis:
2016 Ford Mustang
With 136 currently listed for sale and an average price of $22,780.00 CAD, 19.1% of 2016 Ford Mustangs for sale on CarGurus are rated as good or great deals.
Favourably reviewed: Owners rated the 2016 Ford Mustang 4.85 / 5 stars.
100.0% of 2016 Mustang models on CarGurus are accident free.
CarGurus Analysis: 2016 Ford Mustang
Summary
With 136 currently listed for sale and an average price of $22,780.00 CAD, 19.1% of 2016 Ford Mustangs for sale on CarGurus are rated as good or great deals.
Favourably reviewed: Owners rated the 2016 Ford Mustang 4.85 / 5 stars.
100.0% of 2016 Mustang models on CarGurus are accident free.
Why it stands out
The 2016 Ford Mustang stands out because it blends the Mustang’s long-running rear-wheel-drive formula with a much more modern, global-minded redesign. This generation brought a sleeker, smoother look, kept coupe and soft-top convertible body styles, and added an independent rear suspension as part of the ground-up overhaul. It was also the first Mustang Ford produced and marketed for a global audience, which helped broaden its appeal without abandoning the car’s familiar character.
For 2016, buyers could choose from a wide spread of engines and transmissions, which is a big part of the car’s appeal. The base EcoBoost turbocharged 2.3-litre inline four-cylinder sat alongside a 3.7-litre V6, a 5.0-litre Coyote V8, and two 5.2-litre V8s reserved for the Shelby GT350 and GT500. Depending on engine choice, transmissions included two six-speed manuals, six- and 10-speed automatics, and a seven-speed dual-clutch automatic. That variety makes the 2016 Mustang feel tailored to different kinds of shoppers, from those wanting everyday usability to those chasing serious performance.
There are a few cautions to keep in mind. EcoBoost models are known for oil consumption and potential head gasket failure, and the transmission may be prone to slippage. Even so, the 2016 Mustang remains attractive because it offers iconic styling, strong performance, and a broad range of configurations in a package that still feels distinctive and engaging.
Other model years to consider
- Average price: $45,651.00 CAD
- Good/great deal percentage: 33.8%
- User rating: 5 / 5
- Total listings: 225
- Average price: $45,263.00 CAD
- Good/great deal percentage: 33.7%
- User rating: 5 / 5
- Total listings: 187
- Average price: $32,210.00 CAD
- Good/great deal percentage: 25.0%
- User rating: 4.86 / 5
- Total listings: 148
This analysis is based on CarGurus' proprietary market data from August 10, 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.
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