Used 2021 Ford Mustang for Sale nearKitchener, ON

How much does the 2021 Ford Mustang cost?

Prices are up 3.64% year-over-year — a sign of continued demand for this model year.

There are 155 listings available, which gives you a modest amount of choice in the used market.

Is the 2021 Ford Mustang a good car?

Yes — 4.71/5 is a strong user rating, and it lines up with the Mustang’s appeal as a performance-focused car with coupe and convertible body styles. Owners consistently praise its performance, looks, and features, and many also enjoy how fun and exciting it is to drive. For you, that means this model year makes the most sense if you want a familiar rear-wheel-drive sports-car formula with plenty of trim and engine variety. The market also shows 32.3% of listings as good or great deals, which suggests there are still some worthwhile opportunities if you shop carefully.

Is the 2021 Ford Mustang reliable?

Owners rate it 4.71/5, a strong signal of long-term satisfaction.

The owner feedback points to a car that many drivers feel good about living with over time, especially when it comes to performance and overall enjoyment. The recurring praise for its dependable appeal and strong driving character suggests that many buyers feel confident counting on it as a long-term ownership choice. For used buyers, the main risk is making sure the specific example you choose has been maintained properly and has had any needed warranty work completed.

Is now a good time to buy a used 2021 Ford Mustang?

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you’re patient.

• Deal availability: 32.3% of listings are priced as good or great deals.
• Inventory: There are 155 listings available.
• Price trend: Prices are up 3.64% year-over-year.

If you find a listing below $39,264 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2021 Ford Mustang's resale value?

The current average of $41,979 CAD sits slightly above last year's $40,505 CAD.

That kind of price movement suggests the Mustang is holding value reasonably well for a used performance car. If you own one, the current market indicates there is still healthy buyer interest, especially for well-kept examples with desirable equipment. The fact that prices are trending upward also means sellers may have a decent window to list while demand remains steady.

Vehicles with strong owner satisfaction ratings, like this model year's 4.71/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2021 Ford Mustang or consider a different year?

If you're weighing the 2021 against nearby model years, here's how to think about it:

Choose the 2021 if:

• 32.3% of listings are priced as good or great deals.
• Price trend: Prices are up 3.64% year-over-year.
• Owners rate it 4.71/5 — a strong satisfaction signal.

Consider the 2020 if:

• At $36,158 CAD, the 2020 costs less than the current year's $41,979 CAD average.
• It offers strong value with multiple powertrain choices and engaging driving character.

The bottom line: Choose the 2021 if you want the newer model-year pricing context and are comfortable shopping selectively for the right example. If your priority is saving money, the 2020 is the better starting point because it delivers much of the Mustang experience at a lower entry price.

These recommendations are based on CarGurus' proprietary market data from October 6, 2026, CarGurus experts' opinions, and generative AI.