Used 2021 Ford Mustang for Sale nearMarkham, ON

How much does the 2021 Ford Mustang cost?

Prices are up 2.33% year-over-year — a sign of continued demand for this model year.

There are 172 listings available, which gives you a modest amount of choice in the used market.

Is the 2021 Ford Mustang a good car?

Yes — the 2021 Ford Mustang earns a 4.71/5 user rating, which points to strong owner satisfaction.

Owners consistently praise its performance, styling, and features, and many enjoy how fun it feels to drive. The Mustang’s broad range of engines and body styles also makes it appealing whether you want an approachable sports car or something more serious. For you, that means the car can fit different priorities without losing its core enthusiast appeal.

With 35.5% of listings marked as good or great deals, there’s still some room to shop carefully and find value.

Is the 2021 Ford Mustang reliable?

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

The owner feedback also points to a car that many drivers find dependable and enjoyable over time, with strong praise for the overall ownership experience. That said, the used-buying case still depends on condition, service history, and how carefully the car was maintained.

For you, the main long-term ownership risk is that a neglected example could turn enthusiasm into expensive repairs.

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

This looks like a moderate, selective buyer’s market, so you should shop with a clear target and move quickly on the right car.

• Deal availability: 35.5% of listings are priced as good or great deals.
• Inventory: There are 172 listings available.
• Price trend: Prices are up 2.33% year-over-year.

If you find a listing below $39,254 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 $42,829 CAD sits slightly above last year's $41,853 CAD.

That upward move suggests the market has been willing to pay a bit more for this model year, which is a positive sign if you plan to sell later. The current pricing range also shows that buyers are still active across a fairly wide spread, which can help support resale interest. If your car is well kept and priced competitively, you should have a reasonable path to attracting shoppers.

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:

• 35.5% of listings are priced as good or great deals.
• Price trend: Prices are up 2.33% year-over-year.
• Owners rate it 4.71/5 — a strong satisfaction signal.

Consider the 2020 if:

• At $34,947 CAD, the 2020 costs less than the current year's $42,829 CAD average.
• It offers strong value for money and keeps the Mustang’s fun-to-drive character.

The bottom line: Choose the 2021 if you want the stronger current-market signal and are comfortable paying more for a well-liked used sports car. If you’re more price-sensitive, the 2020 is the better path because it delivers the Mustang experience at a lower entry cost.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.