Used 2023 Ford Mustang for Sale near Quebec
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- 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
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 70,632
- Stock #:
- G-125634
- VIN:
- 1FAGP8UH5R5134033

-$2,000

Sponsored by Automobile En Direct.com - St-Constant
2024 Ford Mustang
EcoBoost Premium Convertible RWD
70,632 km
$34,999
$32,999
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior colour:
- Blue
- Fuel type:
- Gasoline
- Transmission:
- Manual
- Mileage:
- 37,147
- Stock #:
- A5222
- VIN:
- 1FA6P8TH6R5144812

Sponsored Listing
2024 Ford Mustang
EcoBoost Fastback RWD
37,147 km
$34,495
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior colour:
- White
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black (Ebony W/Metal Gray)
- Transmission:
- Automatic
- Mileage:
- 20,800
- Stock #:
- DC-D7214
- VIN:
- 1FATP8UH6N5112969

Sponsored Listing
2022 Ford Mustang
EcoBoost Premium Convertible RWD
20,800 km
$31,943
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior colour:
- Gray
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 67,337
- Stock #:
- H0237
- VIN:
- 1FAGP8UH4R5133228

-$2,000
2024 Ford Mustang
EcoBoost Convertible RWD
67,337 km
$31,995
$30,679
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- 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:
- Manual
- Mileage:
- 58,792
- Stock #:
- E411
- VIN:
- 1FATP8FF5N5114059

-$1,000
2022 Ford Mustang
GT Premium Convertible RWD
58,792 km
$44,989
$43,989
- Year:
- 2023
- 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:
- 41,718
- Stock #:
- 17669U
- VIN:
- 1FATP8UH3P5112088

2023 Ford Mustang
EcoBoost Premium Convertible RWD
41,718 km
$32,333
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior colour:
- Gray
- Combined gas mileage:
- 9 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 83,930
- Stock #:
- H6363
- VIN:
- 1FAGP8UHXR5129250

-$736
2024 Ford Mustang
EcoBoost Convertible RWD
83,930 km
$29,125
$29,075
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- 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:
- 74,795
- Stock #:
- EB196R
- VIN:
- 1FAGP8UH2R5132823

-$1,200
2024 Ford Mustang
EcoBoost Premium Convertible RWD
74,795 km
$32,995
$31,795
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior colour:
- Blue
- Combined gas mileage:
- 12 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 32,885
- Stock #:
- U1731
- VIN:
- 1FA6P8CF8R5432510

2024 Ford Mustang
GT Premium Fastback RWD
32,885 km
$49,980
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior colour:
- Shadow Black
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 41,193
- Stock #:
- P2572
- VIN:
- 1FATP8UH1P5112106

2023 Ford Mustang
EcoBoost Premium Convertible RWD
41,193 km
$32,888
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior colour:
- Gray
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 50,310
- Stock #:
- G3165
- VIN:
- 1FATP8UH7N5125102

2022 Ford Mustang
EcoBoost Premium Convertible RWD
50,310 km
$30,129
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Fuel type:
- Gasoline
- Mileage:
- 1,140
- Stock #:
- N8595
- VIN:
- 1FA6P8CF0N5109286

2022 Ford Mustang
GT Fastback RWD
1,140 km
$47,996
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior colour:
- Oxford White
- Combined gas mileage:
- 13 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black (Ebony w/Metal Gray)
- Transmission:
- Automatic
- Mileage:
- 55,400
- Stock #:
- 25TL387B
- VIN:
- 1FATP8FF4N5104221

2022 Ford Mustang
GT Premium Convertible RWD
55,400 km
$43,493
CarGurus Analysis:
2023 Ford Mustang
With 199 currently listed for sale and an average price of $44,151 CAD, 36.2% 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:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior colour:
- Blue
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 32,261
- Stock #:
- N5113021
- VIN:
- 1FATP8UH2N5113021

2022 Ford Mustang
EcoBoost Premium Convertible RWD
32,261 km
$33,788
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior colour:
- Black
- Combined gas mileage:
- 13 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Red
- Transmission:
- Manual
- Mileage:
- 30,997
- Stock #:
- P1415
- VIN:
- 1FAGP8FF7R5129864

2024 Ford Mustang
GT Premium Convertible RWD
30,997 km
$56,998
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- 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:
- Manual
- Mileage:
- 11,894
- Stock #:
- S6856
- VIN:
- 1FATP8FF0N5122215

2022 Ford Mustang
GT Premium Convertible RWD
11,894 km
$54,660
- 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
$60,650
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- 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
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 70,632
- Stock #:
- G-125634
- VIN:
- 1FAGP8UH5R5134033

-$2,000
2024 Ford Mustang
EcoBoost Premium Convertible RWD
70,632 km
$34,999
$32,999
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- 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
- Transmission:
- Automatic
- Mileage:
- 23,325
- Stock #:
- T-541
- VIN:
- 1FAGP8UH7R5144224

2024 Ford Mustang
EcoBoost Convertible RWD
23,325 km
$36,995
- 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

2022 Ford Mustang
GT Fastback RWD
22,000 km
$44,599
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior colour:
- White
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black (Ebony W/Metal Gray)
- Transmission:
- Automatic
- Mileage:
- 20,800
- Stock #:
- DC-D7214
- VIN:
- 1FATP8UH6N5112969

2022 Ford Mustang
EcoBoost Premium Convertible RWD
20,800 km
$31,943
- 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
$49,694
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior colour:
- Shadow Black
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 41,193
- Stock #:
- P2572
- VIN:
- 1FATP8UH1P5112106

Sponsored Listing
2023 Ford Mustang
EcoBoost Premium Convertible RWD
41,193 km
$32,888
CarGurus Analysis: 2023 Ford Mustang

Summary
With 199 currently listed for sale and an average price of $44,151 CAD, 36.2% 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 sits at the end of the sixth generation, a long-running redesign that brought sleeker styling, a new independent rear suspension system, and the Mustang’s first global marketing push. It kept the familiar coupe and soft-top convertible body styles, along with rear-wheel drive, which helps preserve the car’s traditional sports-car character. For shoppers, that mix of heritage and modernisation is a big part of the appeal: it still feels like a Mustang, but with enough refinement to make it more usable day to day.
This generation offered a wide spread of engines and transmissions, including Ford’s EcoBoost turbocharged 2.3-litre inline four-cylinder engine, a 3.7-litre V6, the 5.0-litre Coyote V8, and two 5.2-litre V8s reserved for the Shelby GT350 and GT500. Depending on the engine, buyers could choose from two six-speed manuals, six- and 10-speed automatics, or a seven-speed dual-clutch automatic. That breadth of choice is one of the Mustang’s biggest strengths, but it also means there is a lot of variation from one example to another. The main cautions for this model year are the reported issues with oil consumption and potential head gasket failure on EcoBoost models, plus possible transmission slippage.
For the 2023 model year specifically, the Mustang remained an appealing used buy because it was still relatively new, though that also meant prices had not yet fallen much. Owners commonly praise its performance, styling, and value, and many also like the sound system and convertible option. On the downside, some shoppers may find it light on luxury features, so the car’s strengths are more about character, driving enjoyment, and choice than outright plushness.
Other model years to consider
- 2025 Ford Mustang
- Average price: $45,759 CAD
- Good/great deal percentage: 34.9%
- User rating: 5 / 5
- Total listings: 235
- 2018 Ford Mustang
- Average price: $25,821 CAD
- Good/great deal percentage: 32.3%
- User rating: 4.61 / 5
- Total listings: 201
- 2019 Ford Mustang
- Average price: $30,179 CAD
- Good/great deal percentage: 29.5%
- User rating: 4.86 / 5
- Total listings: 166
Similar models to consider
- 2023 Chevrolet Camaro
- Average price: $54,714 CAD
- Good/great deal percentage: 23.5%
- User rating: 4.91 / 5
- Total listings: 51
- 2023 Dodge Challenger
- Average price: $58,024 CAD
- Good/great deal percentage: 26.6%
- User rating: 4.8 / 5
- Total listings: 128
- 2023 Toyota GR86
- Average price: $32,272 CAD
- Good/great deal percentage: 38.2%
- User rating: 3.88 / 5
- Total listings: 34
This analysis is based on CarGurus' proprietary market data from October 2, 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
Pricing by Popular Canadian Cities
Market Area: Nationwide
Key Insights
- Highest-Price Market: The Winnipeg, MB market shows the highest average price at $59,086 CAD, indicating strong demand or limited supply.
- Best Value: The London, ON market offers the lowest average price at $29,512 CAD, presenting a more affordable option for shoppers.
- Inventory Drives Stability: Toronto, ON leads with 72 listings, suggesting a robust inventory that may help stabilise prices in this market.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Toronto, ON | 72 | $39,831 CAD |
| Montreal, QC | 41 | $46,929 CAD |
| Ottawa, ON | 40 | $56,111 CAD |
| London, ON | 39 | $29,512 CAD |
| Quebec, QC | 27 | $36,987 CAD |
| Vancouver, BC | 26 | $44,497 CAD |
| Calgary, AB | 25 | $47,433 CAD |
| Winnipeg, MB | 12 | $59,086 CAD |
| Halifax, NS | 8 | $33,990 CAD |
Pricing by Trim Packages
Key Insights
- Volume Leader: The EcoBoost Premium Convertible RWD leads with 106 listings, indicating strong consumer interest in this trim.
- Premium Spread: The Mach 1 Fastback RWD is priced at $55,570 CAD, showcasing a significant premium compared to the EcoBoost Fastback RWD at $27,770 CAD, highlighting the value of performance features.
- Drivetrain Effect: All trims listed are RWD, suggesting a consistent drivetrain preference among buyers, which may influence pricing dynamics.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| EcoBoost Premium Convertible RWD | 106 | $38,295 CAD | RWD | 2.3L 310 hp I4 |
| GT Premium Convertible RWD | 89 | $48,865 CAD | RWD | 5.0L 450 hp V8 |
| EcoBoost Convertible RWD | 54 | $33,270 CAD | RWD | 2.3L 310 hp I4 |
| GT Fastback RWD | 41 | $38,345 CAD | RWD | 5.0L 450 hp V8 |
| EcoBoost Fastback RWD | 36 | $27,770 CAD | RWD | 2.3L 310 hp I4 |
| GT Premium Fastback RWD | 32 | $43,365 CAD | RWD | 5.0L 450 hp V8 |
| EcoBoost Premium Fastback RWD | 19 | $32,795 CAD | RWD | 2.3L 310 hp I4 |
| Mach 1 Fastback RWD | 16 | $55,570 CAD | RWD | 5.0L 470 hp V8 |
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2026 model year commands an average price of $43,528 CAD, reflecting a 33.4% premium over its starting MSRP, indicating strong demand for newer models.
- Depreciation Curve: The 2016 model year exhibits the steepest depreciation at -19.2%, suggesting that older models may offer better value for budget-conscious buyers.
- Best Value Sweet Spot: The 2023 model year is priced at $35,082 CAD, which is above the starting MSRP of $27,770 CAD, indicating a healthy market for this model year.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2026 | $32,640 CAD | $43,528 CAD | +33.4% |
| 2025 | $31,920 CAD | $44,484 CAD | +39.4% |
| 2024 | $30,920 CAD | $39,627 CAD | +28.2% |
| 2023 | $27,770 CAD | $35,082 CAD | +26.3% |
| 2022 | $27,470 CAD | $36,188 CAD | +31.7% |
| 2021 | $27,205 CAD | $32,555 CAD | +19.7% |
| 2020 | $26,670 CAD | $26,652 CAD | -0.1% |
| 2019 | $26,395 CAD | $27,052 CAD | +2.5% |
| 2018 | $25,680 CAD | $22,897 CAD | -10.8% |
| 2017 | $25,185 CAD | $21,578 CAD | -14.3% |
| 2016 | $24,145 CAD | $19,508 CAD | -19.2% |
| 2015 | $23,800 CAD | $20,657 CAD | -13.2% |
These recommendations are based on CarGurus' proprietary market data from September 25, 2026, CarGurus experts' opinions, and generative AI.
How much does the 2023 Ford Mustang cost?
| Metric | Value |
|---|---|
| Current Average Price | $43,772 CAD |
| Year-Round Low | $42,795 CAD |
| Year-Round High | $46,715 CAD |
| Average Price a Year Ago | $45,542 CAD |
| Change vs. Last Year | −3.89% |
Prices have softened 3.89% compared to this time last year, making it a favourable time to shop this model year.
There are 197 listings available, which suggests you have a reasonable amount of inventory to compare.
Is the 2023 Ford Mustang a good car?
Yes — owners rate it 5/5, and that lines up with the strong enthusiasm around its performance, aesthetics, and value. Many owners also praise the driving experience, the sound system, and the convertible option, while the overview points to a car that still feels like a Mustang but is more usable day to day. If you want a rear-wheel-drive sports car with heritage appeal and a broad range of configurations, this model year fits that brief well. With 33.5% of listings marked as good or great deals, there is also a decent amount of market opportunity.
Is the 2023 Ford Mustang reliable?
Owners rate it 5/5, a strong signal of long-term satisfaction.
The owner summary points to a car that many buyers find dependable in everyday use, with strong satisfaction tied to performance and overall ownership experience. That said, the model-year overview also flags some reported concerns on EcoBoost versions, so reliability can depend heavily on the specific example you choose. For used buyers, the long-term ownership risk is best managed by checking service records carefully and focusing on well-maintained cars.
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 stay disciplined.
- Deal availability: 33.5% of listings are priced as good or great deals.
- Inventory: There are 197 listings available.
- Price trend: Prices have softened 3.89% compared with last year.
If you find a listing below $42,795 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 $43,772 CAD sits slightly below last year's $45,542 CAD.
That softer pricing suggests the market has already adjusted a bit, which can help you buy with less risk of immediate overpaying. For a future seller, the current trend implies resale values may remain competitive, but not especially strong if broader supply stays healthy. Strong owner satisfaction can help support demand, especially for well-kept examples with desirable equipment and clear history.
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:
- 33.5% of listings are priced as good or great deals.
- Price trend: Prices have softened 3.89% compared with last year.
- Owners rate it 5/5 — a strong satisfaction signal.
Consider the 2024 if:
- At $51,982 CAD, the 2024 costs more than the current year's $43,772 CAD average.
- It brings significantly upgraded interior and technology.
The bottom line:
Choose the 2023 if you want the better value and are comfortable shopping carefully within a broad used inventory. If you want the newer cabin and tech improvements, the 2024 is the stronger upgrade, but it comes at a meaningful premium. For price-sensitive buyers, the 2023 is the more practical path.
These recommendations are based on CarGurus' proprietary market data from September 29, 2026, CarGurus experts' opinions, and generative AI.
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