Used 2021 Ford Mustang for Sale nearToronto, ON

How much does the 2021 Ford Mustang cost?

Prices are up 1.44% year-over-year — a sign of continued demand for this model year.

There are 159 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 4.7/5 user rating, which points to strong owner satisfaction. Reviewers consistently praise its performance, looks, and features, and many also highlight how fun it is to drive. For you, that means the Mustang makes the most sense if you want a sporty coupe or convertible with broad trim and powertrain choice. With 30.2% of listings marked as good or great deals, there is still some room to shop carefully.

Is the 2021 Ford Mustang reliable?

Owners rate it 4.7/5, a strong signal of long-term satisfaction.

The owner feedback also points to a car that feels dependable and enjoyable over time, with praise for its performance and overall driving experience. That said, used buyers should still inspect service records closely and look for any warranty repairs that have already been completed, since long-term ownership risk is best managed by buying a well-documented example.

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 are patient.

• Deal availability: 30.2% of listings are priced as good or great deals.
• Inventory: There are 159 listings available.
• Price trend: Prices are up 1.44% 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 $40,105 CAD sits slightly above last year's $39,537 CAD.

That modest increase suggests the Mustang is holding value reasonably well for a used performance car. If you buy carefully and keep mileage and condition in check, you should have a decent chance of preserving value when it is time to sell. The current pricing also suggests the market still rewards desirable examples, especially those with the right equipment and condition.

Vehicles with strong owner satisfaction ratings, like this model year's 4.7/5, 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:

• 30.2% of listings are priced as good or great deals.
• Price trend: Prices are up 1.44% year-over-year.
• Owners rate it 4.7/5 — a strong satisfaction signal.

Consider the 2020 if:

• At $37,630 CAD, the 2020 costs less than the current year's $40,105 CAD average.
• It offers strong value with fun driving character and appealing styling.

The bottom line: Choose the 2021 if you want the newer market position and are comfortable paying a bit more for it. If you are more price-sensitive, the 2020 is the better value path, especially if you want Mustang character without stretching to the current-year average.

How does the 2021 Ford Mustang compare to the 2021 Chevrolet Camaro?

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from October 21, 2026, CarGurus experts' opinions, and generative AI.