Used 2023 Ford Mustang for Sale nearOakville, ON
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior colour:
- Black
- Combined gas mileage:
- 13 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Manual
- Mileage:
- 22,000
- Stock #:
- 6218-38B
- VIN:
- 1FA6P8CF2N5109502

-$1,000

Sponsored by Monaco Motorcars
2022 Ford Mustang
GT Fastback RWD
22,000 km
$43,999
$42,999
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior colour:
- Gray
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 64,465
- Stock #:
- 1050C
- VIN:
- 1FA6P8TH3P5103647

Sponsored Listing
2023 Ford Mustang
EcoBoost Premium Fastback RWD
64,465 km
$30,999
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior colour:
- White
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 37,654
- Stock #:
- U12690
- VIN:
- 1FA6P8TH2R5105019

Sponsored Listing
2024 Ford Mustang
EcoBoost Fastback RWD
37,654 km
$32,920
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5L V8
- Exterior colour:
- Black
- Combined gas mileage:
- 14 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 4,048
- Stock #:
- 179250
- VIN:
- 1FA6P8R03R5505799

2024 Ford Mustang
Dark Horse Fastback RWD
4,048 km
$70,695
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior colour:
- Gray
- Combined gas mileage:
- 12 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 11,543
- Stock #:
- 1290
- VIN:
- 1FA6P8CF7R5432191

2024 Ford Mustang
GT Fastback RWD
11,543 km
$49,950
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior colour:
- Black
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Manual
- Mileage:
- 22,298
- Stock #:
- 102736
- VIN:
- 1FATP8UH4N5114882

2022 Ford Mustang
EcoBoost Convertible RWD
22,298 km
$26,590
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior colour:
- Red
- Combined gas mileage:
- 12 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Red
- Transmission:
- Automatic
- Mileage:
- 36,623
- Stock #:
- AFL00H2795
- VIN:
- 1FAGP8FF2R5103589

2024 Ford Mustang
GT Premium Convertible RWD
36,623 km
$53,798
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Fuel type:
- Gasoline
- Mileage:
- 1,035
- Stock #:
- TG387847A
- VIN:
- 1FAGP8FF5R5104302

2024 Ford Mustang
GT Premium Convertible RWD
1,035 km
$59,385
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior colour:
- Black
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 67,645
- Stock #:
- 103431
- VIN:
- 1FA6P8TH9R5103431

2024 Ford Mustang
EcoBoost Fastback RWD
67,645 km
$29,999
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior colour:
- Gray
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 124,382
- Stock #:
- TC524
- VIN:
- 1FA6P8TH0N5113341

2022 Ford Mustang
EcoBoost Fastback RWD
124,382 km
$24,400
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior colour:
- Black
- Combined gas mileage:
- 12 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 34,627
- Stock #:
- 801233a
- VIN:
- 1FA6P8CF1R5431683

2024 Ford Mustang
GT Fastback RWD
34,627 km
$48,995
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior colour:
- Black
- Combined gas mileage:
- 13 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Manual
- Mileage:
- 22,000
- Stock #:
- 6218-38B
- VIN:
- 1FA6P8CF2N5109502

-$1,000
2022 Ford Mustang
GT Fastback RWD
22,000 km
$43,999
$42,999
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior colour:
- Red
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 63,353
- Stock #:
- 19636A
- VIN:
- 1FA6P8TH9P5107685

2023 Ford Mustang
EcoBoost Fastback RWD
63,353 km
$26,500
CarGurus Analysis:
2023 Ford Mustang
With 77 currently listed for sale and an average price of $39,497 CAD, 20.8% of 2023 Ford Mustang listings on CarGurus are rated as good or great deals.
Favourably reviewed: Owners rated the 2023 Ford Mustang 5 / 5 stars.
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior colour:
- White
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 37,654
- Stock #:
- U12690
- VIN:
- 1FA6P8TH2R5105019

2024 Ford Mustang
EcoBoost Fastback RWD
37,654 km
$32,920
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior colour:
- Black
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 84,705
- Stock #:
- DB201C
- VIN:
- 1FATP8UH1N5137987

2022 Ford Mustang
EcoBoost Premium Convertible RWD
84,705 km
$27,790
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior colour:
- Vapour Blue
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 60,635
- Stock #:
- 3084C9
- VIN:
- 1FA6P8TH4R5133694

2024 Ford Mustang
EcoBoost Premium Convertible RWD
60,635 km
$33,990
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5L V8
- Exterior colour:
- Shadow Black
- Combined gas mileage:
- 14 L/100km
- Fuel type:
- Gasoline
- Transmission:
- 6-Speed Manual
- Mileage:
- 38,000
- Stock #:
- 19523T
- VIN:
- 1FA6P8R07R5506390

2024 Ford Mustang
Dark Horse Fastback RWD
38,000 km
$64,992
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior colour:
- Black
- Combined gas mileage:
- 13 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 48,010
- Stock #:
- B5A7CE
- VIN:
- 1FA6P8CF0N5107084

2022 Ford Mustang
GT Premium Fastback RWD
48,010 km
$43,190
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior colour:
- Blue
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 39,157
- Stock #:
- 106073
- VIN:
- 1FA6P8TH8R5133911

2024 Ford Mustang
EcoBoost Fastback RWD
39,157 km
$30,590
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Exterior colour:
- Gray (Carbonized Grey Metallic)
- Interior colour:
- Black (Ebony)
- Transmission:
- Manual
- Mileage:
- 48,503
- Stock #:
- F7V38H
- VIN:
- 1FA6P8TD6N5110876

2022 Ford Mustang
EcoBoost Premium Fastback RWD
48,503 km
$29,361
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Exterior colour:
- Blue
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 64,330
- Stock #:
- 260600AF
- VIN:
- 1FA6P8TD5N5149278
2022 Ford Mustang
EcoBoost Premium Fastback RWD
64,330 km
$27,998
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Combined gas mileage:
- 13 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Manual
- Mileage:
- 92,965
- Stock #:
- 269164BA
- VIN:
- 1FATP8FFXN5127230

2022 Ford Mustang
GT Premium Convertible RWD
92,965 km
$37,200
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior colour:
- Gray
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 44,332
- Stock #:
- DA-229
- VIN:
- 1FA6P8TH2P5112369

Sponsored Listing
2023 Ford Mustang
EcoBoost Fastback RWD
44,332 km
$32,999
CarGurus Analysis: 2023 Ford Mustang

Summary
With 77 currently listed for sale and an average price of $39,497 CAD, 20.8% of 2023 Ford Mustang listings on CarGurus are rated as good or great deals.
Favourably reviewed: Owners rated the 2023 Ford Mustang 5 / 5 stars.
Why it stands out
The 2023 Ford Mustang stands out because it belongs to one of Detroit’s most enduring and iconic nameplates, a car that has long made performance accessible to a wide audience while helping redefine what a muscle car can be. It remains a rear-wheel-drive sports car offered in coupe and convertible body styles, which keeps the Mustang’s classic formula intact. For shoppers, that combination of heritage, everyday recognisability, and broad appeal is a big part of the draw.
What makes the 2023 Ford Mustang especially distinctive is the range of powertrains and trims associated with the current generation. The buying guide notes that the seventh-generation Mustang is available with Ford’s EcoBoost turbocharged 2.3-litre inline four-cylinder engine, while upper trims can be had with 5.0-litre V8 power, and a 10-speed automatic is the most common transmission. At launch, the Canadian lineup included EcoBoost, EcoBoost Premium, Ford Mustang GT, GT Premium, and Mustang Dark Horse. That breadth gives buyers a lot of choice, from more mainstream versions to more serious performance models.
There are also a few caveats to keep in mind. The buying guide says 2024 and 2025 Mustangs have been reported to suffer from powertrain vibrations, inconsistent interior build quality, limited-slip differential problems, and electronic stability control issues, so a used example should be checked carefully for repairs under warranty. It also notes that the EcoBoost engine may get good fuel economy, but it requires premium fuel. Even so, owners’ feedback points to strong satisfaction with the car’s performance, styling, and value, with the sound system and convertible option also earning praise.
Other model years to consider
- 2025 Ford Mustang
- Average price: $48,195 CAD
- Good/great deal percentage: 19.8%
- User rating: 5 / 5
- Total listings: 86
- 2018 Ford Mustang
- Average price: $22,354 CAD
- Good/great deal percentage: 30.0%
- User rating: 4.61 / 5
- Total listings: 70
- 2019 Ford Mustang
- Average price: $23,231 CAD
- Good/great deal percentage: 28.6%
- User rating: 4.86 / 5
- Total listings: 56
Similar models to consider
- 2023 Dodge Challenger
- Average price: $54,946 CAD
- Good/great deal percentage: 21.4%
- User rating: 4.8 / 5
- Total listings: 56
- 2023 Subaru BRZ
- Average price: $27,953 CAD
- Good/great deal percentage: 28.6%
- Total listings: 28
- 2023 Ford Mustang Mach-E
- Average price: $35,729 CAD
- Good/great deal percentage: 28.6%
- User rating: 5 / 5
- Total listings: 70
This analysis is based on CarGurus' proprietary market data from October 5, 2026, CarGurus experts' opinions, and generative AI.
5.0 Overall rating
Filter by rating
John H
Reviewed a 2023 Ford Mustang on Apr 16, 2025
Great car, fun to drive and the ride is way better than what I thought it would be.
Philip L
Reviewed a 2023 Ford GT Fastback RWD on Jan 23, 2026
It doesn’t have a lot of luxury features but the active exhaust is great and for its age and mileage it was a good price.
Atilio E
Reviewed a 2023 Ford GT Premium Fastback RWD on Feb 25, 2026
Great car. Great color. Lots of extra features. Good value for what it has. Wish it had a spoiler. But no biggie. I love it. 1st v8. Hyped!
Johnny S
Reviewed a 2023 Ford Mustang on Jun 10, 2023
From a purely aesthetic standpoint the new Mustangs look like the classic muscle cars of the 60’s and 70’s. It has that wide body and low to the ground appearance you expect from a Ford Mustang. This particular model with its “White Ice Appearance Package” is truly classy. But this vehicle is nothing like the Mustangs of the 60’s and 70’s. It has all the “Bells and Whistles” of the modern technology era! From its state of the art 12 LCD Digital IP CLUSTER, to its SAFETY/SECURITY conscious package this vehicle is truly a marvel and an utter joy to drive. As far as being a good value, I think Ford has done a fairly good job of giving the car buyer the most and best bang for his buck. They’ve incorporated the things people are looking for in a vehicle and done so at a reasonable cost to the consumer. From my point of view the EcoBoost Premium Fastback RWD with the 201A Optional Equipment Package leaves nothing out. It was a great deal for the price and it has everything that I need or even desired in a car.
2023 Ford Mustang Trims
| Trim type | MSRP |
|---|---|
| Mach 1 Fastback RWD | $55,570 |
| EcoBoost Fastback RWD | $27,770 |
| EcoBoost Premium Convertible RWD | $38,295 |
| GT Fastback RWD | $38,345 |
| GT Premium Fastback RWD | $43,365 |
| GT Premium Convertible RWD | $48,865 |
| EcoBoost Convertible RWD | $33,270 |
| EcoBoost Premium Fastback RWD | $32,795 |
2023 Ford Mustang Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2023 Ford Mustang prices has changed over time.
See more price trends2023 Ford Mustang Pricing Analysis: Oakville, ON Market Report
Pricing in Nearby Cities
Market Area: Oakville, ON
Key Insights
- Highest-Price Market: The Milton, ON market shows the highest average price at $39,497 CAD, indicating a premium demand in this area.
- Best Value: All nearby cities, including Burlington, ON, Hamilton, ON, and others, share the same average price of $39,497 CAD, suggesting a stable pricing environment across the region.
- Inventory Drives Stability: With 79 listings each, Milton, Burlington, and Hamilton demonstrate a robust inventory that supports consistent pricing.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Milton, ON | 79 | $39,497 CAD |
| Burlington, ON | 79 | $39,497 CAD |
| Hamilton, ON | 79 | $39,497 CAD |
| Stoney Creek, ON | 79 | $39,497 CAD |
| Mississauga, ON | 78 | $39,497 CAD |
| Toronto, ON | 77 | $39,497 CAD |
| North York, ON | 77 | $39,497 CAD |
| Etobicoke, ON | 76 | $39,497 CAD |
| Brampton, ON | 76 | $39,497 CAD |
| Woodbridge, ON | 76 | $39,497 CAD |
Pricing by Trim Packages
Key Insights
- Volume Leader: The EcoBoost Premium Convertible RWD leads with 41 listings, indicating strong consumer interest in this trim.
- Premium Spread: The Mach 1 Fastback RWD has the highest MSRP at $55,570 CAD, showcasing a significant premium for performance-oriented buyers.
- Drivetrain Effect: All trims feature a RWD drivetrain, which appears to be the preferred choice among consumers in this market.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| EcoBoost Premium Convertible RWD | 41 | $38,295 CAD | RWD | 2.3L 310 hp I4 |
| GT Premium Convertible RWD | 32 | $48,865 CAD | RWD | 5.0L 450 hp V8 |
| EcoBoost Convertible RWD | 15 | $33,270 CAD | RWD | 2.3L 310 hp I4 |
| GT Fastback RWD | 18 | $38,345 CAD | RWD | 5.0L 450 hp V8 |
| EcoBoost Fastback RWD | 15 | $27,770 CAD | RWD | 2.3L 310 hp I4 |
| GT Premium Fastback RWD | 9 | $43,365 CAD | RWD | 5.0L 450 hp V8 |
| EcoBoost Premium Fastback RWD | 10 | $32,795 CAD | RWD | 2.3L 310 hp I4 |
| Mach 1 Fastback RWD | 3 | $55,570 CAD | RWD | 5.0L 470 hp V8 |
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2026 model year commands the highest average price at $83,613 CAD, reflecting a significant premium for the latest offerings.
- Depreciation Curve: The 2015 model year exhibits the steepest depreciation at -25.9%, indicating a rapid decline in value for older models.
- Best Value Sweet Spot: The 2023 model year shows an average price of $39,497 CAD, which is a reasonable entry point compared to its starting MSRP of $27,770 CAD, making it an attractive option for buyers.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2026 | $32,640 CAD | $83,613 CAD | +156.2% |
| 2025 | $31,920 CAD | $48,095 CAD | +50.7% |
| 2024 | $30,920 CAD | $46,836 CAD | +51.5% |
| 2023 | $27,770 CAD | $39,497 CAD | +42.2% |
| 2022 | $27,470 CAD | $37,786 CAD | +37.6% |
| 2021 | $27,205 CAD | $36,687 CAD | +34.9% |
| 2020 | $26,670 CAD | $33,520 CAD | +25.7% |
| 2019 | $26,395 CAD | $23,094 CAD | -12.5% |
| 2018 | $25,680 CAD | $22,354 CAD | -13.0% |
| 2017 | $25,185 CAD | $20,577 CAD | -18.3% |
| 2016 | $24,145 CAD | $20,638 CAD | -14.5% |
| 2015 | $23,800 CAD | $17,645 CAD | -25.9% |
These recommendations are based on CarGurus' proprietary market data from October 6, 2026, CarGurus experts' opinions, and generative AI.
How much does the 2023 Ford Mustang cost?
| Metric | Value |
|---|---|
| Current Average Price | $44,218 CAD |
| Year-Round Low | $42,809 CAD |
| Year-Round High | $46,705 CAD |
| Average Price a Year Ago | $45,112 CAD |
| Change vs. Last Year | −1.98% |
Prices have softened 1.98% compared to this time last year, making it a favourable time to shop this model year.
There are 192 listings available, which suggests a modest amount of inventory for shoppers 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 and driving experience, along with its styling and overall value. The sound system and convertible option also come up as standout positives, which fits a car that appeals to you if you want a sporty, recognisable coupe or convertible with broad enthusiast appeal.
With 33.9% of listings marked as good or great deals, you have a meaningful share of the market to shop from.
Is the 2023 Ford Mustang reliable?
Owners rate it 5/5, a strong signal of long-term satisfaction.
The owner feedback highlights a car that feels dependable in day-to-day use, with praise centred on performance, value, and the overall driving experience. That kind of satisfaction usually matters most when you want a used sports car you can count on for enjoyable ownership rather than constant compromise.
For used buyers, the main long-term risk is making sure any example you consider has been properly inspected and maintained.
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: 33.9% of listings are priced as good or great deals.
- Inventory: There are 192 listings available.
- Price trend: Prices have softened 1.98% compared with last year.
If you find a listing below $42,809 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 $44,218 CAD sits slightly below last year's $45,112 CAD.
That mild decline suggests the market has eased a bit, which can help you buy more selectively today. For a future seller, it also means resale performance may depend more on condition, mileage, and trim than on broad market momentum alone.
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:
- 33.9% of listings are priced as good or great deals.
- Price trend: Prices have softened 1.98% compared with last year.
- Owners rate it 5/5 — a strong satisfaction signal.
Consider the 2024 if:
- At $52,259 CAD, the 2024 costs more than the current year's $44,218 CAD average.
- It adds upgraded interior and technology.
The bottom line: If you want the better value play, the 2023 is the stronger starting point because it combines a lower average price with solid deal availability and excellent owner satisfaction. If you’re willing to pay more for newer tech and interior upgrades, the 2024 is the better secondary path.
These recommendations are based on CarGurus' proprietary market data from October 6, 2026, CarGurus experts' opinions, and generative AI.
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