Used 2023 Ford Mustang for Sale nearRed Deer, AB

How much does the 2023 Ford Mustang cost?

Prices have softened 2.82% compared to this time last year, making it a favourable time to shop this model year.

There are 200 listings available, which suggests solid inventory for shoppers comparing trims and prices.

Is the 2023 Ford Mustang a good car?

Yes — 5/5 is a strong user rating for the 2023 Ford Mustang, and it lines up with the way owners describe it: performance, styling, and value are recurring strengths. You also get praise for the driving experience, the sound system, and the convertible option, which helps explain the car’s broad appeal. For you, that means this Mustang fits well if you want a recognisable sports car with everyday usability and a strong enthusiast draw. The market also shows 30.5% of listings as good or great deals, which gives you some room to shop selectively.

Is the 2023 Ford Mustang reliable?

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

Owner feedback points to a car that feels dependable in the ways that matter to shoppers who want a fun vehicle they can count on, with strong satisfaction around performance and overall ownership experience. The recurring praise for value and driving enjoyment suggests the Mustang delivers a consistent experience over time. For used buyers, the main long-term ownership risk is making sure any example you consider has been checked carefully for repairs and wear items before you commit.

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 but should move quickly on the right car.

• Deal availability: 30.5% of listings are priced as good or great deals.
• Inventory: There are 200 listings available.
• Price trend: Prices have softened 2.82% 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 $43,272 CAD sits slightly below last year's $44,528 CAD.

That softer pricing suggests the market has eased a bit, which can help you buy more confidently now but may also limit short-term upside if you plan to resell soon. If you keep the car in strong condition and buy at a sensible price, you should be better positioned when it comes time to sell. Demand should remain supported by the Mustang’s strong enthusiast appeal and recognisable nameplate.

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:

• 30.5% of listings are priced as good or great deals.
• Price trend: Prices have softened 2.82% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2024 if:

• At $53,540 CAD, the 2024 costs more than the current year's $43,272 CAD average.
• It adds 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, the 2023 is the smarter starting point; if you want the newer cabin and tech improvements, the 2024 is the better upgrade path.

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 October 21, 2026, CarGurus experts' opinions, and generative AI.