Used 2021 Ford Mustang for Sale nearToronto, ON

Summary

• With 67 currently listed for sale near Toronto, ON and an average price of $39,183.00 CAD, 29.9% of 2021 Ford Mustangs for sale on CarGurus are rated as good or great deals.

• Favourably reviewed: Owners rated the 2021 Ford Mustang 4.71 / 5 stars.

• 100.0% of 2021 Mustang models on CarGurus are accident free.

Why it stands out

The 2021 Ford Mustang stands out because it sits in the sixth generation, a redesign that brought sleeker, smoother styling, coupe and soft-top convertible body styles, and a new electric system for opening and closing the convertible top. It also marked the first time Ford produced and marketed the Mustang for a global audience, and it introduced Ford’s EcoBoost engine lineup to the model. For buyers, that combination gives the Mustang broad appeal: it remains rear-wheel drive, offers a range of engines and transmissions, and keeps the classic Mustang formula intact while adding more modern hardware.

For 2021, the Mustang’s engine choices included Ford’s EcoBoost turbocharged 2.3-litre inline four-cylinder, a 3.7-litre V6, the 5.0-litre Coyote V8, and two versions of the 5.2-litre V8 exclusive to the Shelby GT350 and the GT500. Transmission options, depending on engine, included two six-speed manuals, six- and 10-speed automatics, and a seven-speed dual-clutch automatic. That breadth is one of the car’s biggest strengths, but it also means shoppers need to pay close attention to specification, since the model’s character can vary a lot from one version to another.

There are also some cautions to keep in mind. The sixth-generation Mustang can still be harbouring issues, and EcoBoost models in particular are known for oil consumption and potential head gasket failure, while the transmission may be prone to slippage. For 2021, the Mustang’s mix of iconic styling, strong performance potential, and wide choice of configurations makes it appealing, but it is best approached with careful inspection and a clear understanding of which engine and transmission combination you want.

Other model years to consider

• 2023 Ford Mustang

  • Average price: $40,912.00 CAD
  • Good/great deal percentage: 38.2%
  • User rating: 5 / 5
  • Total listings: 76

• 2025 Ford Mustang

  • Average price: $50,694.00 CAD
  • Good/great deal percentage: 31.3%
  • User rating: 5 / 5
  • Total listings: 80

• 2018 Ford Mustang

  • Average price: $23,029.00 CAD
  • Good/great deal percentage: 32.3%
  • User rating: 4.61 / 5
  • Total listings: 62

This analysis is based on CarGurus' proprietary market data from September 2, 2026, CarGurus experts' opinions, and generative AI.