Used 2023 Ford Mustang for Sale nearAjax, ON

How much does the 2023 Ford Mustang cost?

Prices have softened 5.65% compared to this time last year, making it a favourable time to shop this model year.

There are 197 listings available, which suggests a decent amount of inventory for you to compare.

Is the 2023 Ford Mustang a good car?

Yes — the 2023 Ford Mustang earns a 5/5 user rating, which points to very strong owner satisfaction. Owners consistently praise its performance, styling, and value, and many also highlight the sound system and convertible option. For you, that means this model year fits best if you want a sports car with character, driving enjoyment, and enough everyday usability to make it more than just a weekend toy. With 34.5% of listings marked as good or great deals, there is also a healthy share of attractive options in the market.

Is the 2023 Ford Mustang reliable?

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

The owner feedback points to a car that many people feel good about living with over time, especially when it comes to performance and overall enjoyment. That said, used buyers should still pay close attention to service records and condition, since long-term ownership risk depends heavily on how the car was maintained and driven.

Is now a good time to buy a used 2023 Ford Mustang?

This looks like a moderate, selective buyer’s market, so you can shop carefully without feeling rushed.

• Deal availability: 34.5% of listings are priced as good or great deals.
• Inventory: There are 197 listings available.
• Price trend: Prices have softened 5.65% compared with last year.

If you find a listing below $42,849 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Ford Mustang's resale value?

The current average of $43,920 CAD sits slightly below last year's $46,549 CAD.

That softer pricing suggests the market has already adjusted downward, which can help you buy with less risk of immediate overpaying. For a future seller, it also means resale value may depend more on condition, mileage, and configuration than on broad market momentum. Well-kept examples should still hold interest because the Mustang name continues to draw shoppers looking for performance and style.

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

Should I buy a 2023 Ford Mustang or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 34.5% of listings are priced as good or great deals.
• Price trend: Prices have softened 5.65% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2024 if:

• At $52,469 CAD, the 2024 costs more than the current year's $43,920 CAD average.
• It brings major interior and technology upgrades.

The bottom line:
Choose the 2023 if you want the better value and are happy with the sixth-generation Mustang’s mix of performance and everyday usability. If you want the newest cabin and tech improvements and are willing to pay more, the 2024 is the stronger premium choice.

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