Used 2023 Ford Mustang for Sale near Niagara Falls, ON

How much does the 2023 Ford Mustang cost?

Prices have softened 4.71% compared to this time last year, making it a favourable time to shop this model year.

There are 198 listings available, which suggests a reasonable amount of inventory to compare.

Is the 2023 Ford Mustang a good car?

Yes — owners rate it 5/5, which points to very strong satisfaction with the 2023 Ford Mustang. Owners commonly praise its performance, styling, and value, and many also like the sound system and convertible option. That fits a car aimed at you if you want a sporty coupe or soft-top convertible with rear-wheel drive character and enough refinement for everyday use. With 35.4% of listings marked as good or great deals, you have some room to shop selectively.

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 feels dependable in the ways that matter to enthusiasts, especially when it comes to performance and day-to-day enjoyment. The repeated praise for value and driving experience suggests many owners feel confident living with it over time. For used buyers, the main long-term ownership risk is making sure you avoid examples with unresolved mechanical concerns and choose carefully based on condition and history.

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 patiently and still find worthwhile listings.

• Deal availability: 35.4% of listings are priced as good or great deals.
• Inventory: There are 198 listings available.
• Price trend: Prices have softened 4.71% 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 $44,325 CAD sits slightly below last year's $46,515 CAD.

That softer pricing can help you buy more confidently now, but it also means future resale gains may be limited if the market stays soft. If you plan to sell later, the current trend suggests you should focus on buying well and keeping the car in strong condition. A well-kept example with desirable equipment should still attract interest, especially because the model has broad enthusiast appeal.

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:

• 35.4% of listings are priced as good or great deals.
• Price trend: Prices have softened 4.71% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2024 if:

• At $52,057 CAD, the 2024 costs more than the current year's $44,325 CAD average.
• It adds significantly upgraded interior and technology.

The bottom line: Choose the 2023 if you want the better value and a wide pool of listings to compare. If you’re price-sensitive, it’s the smarter path because you’re getting strong owner satisfaction at a lower average price. Consider the 2024 only if the newer interior and tech upgrades matter enough to justify the higher cost.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.