Used 2021 Ford Mustang for Sale nearMississauga, ON

How much does the 2021 Ford Mustang cost?

Prices are up 1.21% year-over-year — a sign of continued demand for this model year.

There are 173 listings available, which gives you a reasonable 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, looks, and features, and many enjoy how fun and exciting 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 a more serious performance machine. With 28.9% of listings marked as good or great deals, you still have some room to shop carefully.

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, especially when it comes to the driving experience and overall ownership confidence. That said, used buyers should still inspect service records closely and budget for possible long-term ownership risk tied to known mechanical concerns.

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 patiently but should move quickly on the right car.

• Deal availability: 28.9% of listings are priced as good or great deals.
• Inventory: There are 173 listings available.
• Price trend: Prices are up 1.21% year-over-year.

If you find a listing below $39,245 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 $41,935 CAD sits slightly above last year's $41,433 CAD.

That modest increase suggests the market has held up well for this model year, which can support resale confidence if you buy carefully. The current pricing also shows that demand remains steady enough to keep values from softening sharply. For a future seller, that means a well-kept Mustang should still attract attention, especially if it is priced near the market average.

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:

• 28.9% of listings are priced as good or great deals.
• Price trend: Prices are up 1.21% year-over-year.
• Owners rate it 4.71/5 — a strong satisfaction signal.

Consider the 2020 if:

• At $35,073 CAD, the 2020 costs less than the current year's $41,935 CAD average.
• It offers strong value for performance-focused buyers.

The bottom line:
Choose the 2021 if you want the newer market position and are comfortable paying more for it. If your priority is value, the 2020 is the better secondary path because it delivers Mustang character at a lower entry price.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.