Used 2023 Ford Mustang for Sale nearKingston, ON

How much does the 2023 Ford Mustang cost?

Prices have softened 5.16% compared to this time last year, making it a favourable time to shop this model year.

There are 184 listings available, which suggests you have a reasonable amount of inventory to compare.

Is the 2023 Ford Mustang a good car?

Yes — the 2023 Ford Mustang earns a 5/5 user rating, which points to strong owner satisfaction. Owners consistently praise its performance, driving experience, and value, while also calling out its aesthetics and the appeal of the convertible. For you, that means it fits especially well if you want a stylish performance car with broad appeal and everyday usability. With 33.2% of listings marked as good or great deals, there is still meaningful market opportunity if you shop carefully.

Is the 2023 Ford Mustang reliable?

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

The owner feedback also points to a car that many people find dependable and enjoyable to live with over time, especially when it comes to the driving experience and overall ownership confidence. For used buyers, the main long-term risk is that mechanical issues can be costly if a car has been poorly maintained, so a careful inspection matters.

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 with some leverage if you are patient.

• Deal availability: 33.2% of listings are priced as good or great deals.
• Inventory: There are 184 listings available.
• Price trend: Prices have softened 5.16% compared with last year.

If you find a listing below $42,054 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 $42,072 CAD sits slightly below last year's $44,362 CAD.

That softer pricing can help you buy more affordably today, but it also means future resale gains may be more limited if the market stays under pressure. If you plan to sell later, the current trend suggests you should focus on buying well and keeping the car in strong condition. Strong demand can still support resale, especially for well-kept examples with desirable equipment.

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:

• 33.2% of listings are priced as good or great deals.
• Price trend: Prices have softened 5.16% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2024 if:

• At $53,684 CAD, the 2024 costs more than the current year's $42,072 CAD average.
• It adds a significantly updated interior and technology.

The bottom line:
Choose the 2023 if you want the better value and a wider pool of listings to compare. If you are willing to pay more for newer tech and a more modern cabin, the 2024 is the stronger upgrade path. For price-sensitive buyers, the 2023 is the smarter starting point.

How does the 2023 Ford Mustang compare to the 2023 Chevrolet Camaro?

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

These recommendations are based on CarGurus' proprietary market data from November 4, 2026, CarGurus experts' opinions, and generative AI.