Used 2023 Ford Mustang for Sale nearWoodbridge, ON
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior colour:
- Shadow Black
- Combined gas mileage:
- 13 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Manual
- Mileage:
- 46,967
- Stock #:
- 26-M0863B
- VIN:
- 1FA6P8CF7N5140910


Sponsored by Milton Volkswagen
2022 Ford Mustang
GT Premium Fastback RWD
46,967 km
$46,293
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior colour:
- Red
- Combined gas mileage:
- 10 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 28,138
- Stock #:
- 14659
- VIN:
- 1FATP8UH0P5104711

Sponsored Listing
2023 Ford Mustang
EcoBoost Convertible RWD
28,138 km
$37,990
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 470 hp 5L V8
- Exterior colour:
- Green
- Combined gas mileage:
- 14 L/100km
- Fuel type:
- Gasoline
- Transmission:
- Manual
- Mileage:
- 23,476
- Stock #:
- A0898
- VIN:
- 1FA6P8R08P5501082

Sponsored Listing
2023 Ford Mustang
Mach 1 Fastback RWD
23,476 km
$64,995
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior colour:
- Oxford White
- Combined gas mileage:
- 12 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black Onyx Leather Trimmed Seats
- Transmission:
- Automatic
- Mileage:
- 22,331
- Stock #:
- YN13723A
- VIN:
- 1FAGP8FF2R5131022

-$7,000
2024 Ford Mustang
GT Premium Convertible RWD
22,331 km
$57,000
$50,000
- 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
$69,998
- 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:
- Automatic
- Mileage:
- 17,080
- Stock #:
- 125454
- VIN:
- 1FA6P8CF9N5108492

2022 Ford Mustang
GT Fastback RWD
17,080 km
$41,990
- 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:
- 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

-$1,400
2024 Ford Mustang
EcoBoost Fastback RWD
39,157 km
$29,990
$28,590
- 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:
- 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
$32,788
- 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:
- 22,701
- Stock #:
- 1867BA
- VIN:
- 1FA6P8THXR5137331

-$2,000
2024 Ford Mustang
EcoBoost Fastback RWD
22,701 km
$33,995
$31,995
- 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:
- 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
CarGurus Analysis:
2023 Ford Mustang
With 77 currently listed for sale and an average price of $39,385 CAD, 28.6% 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:
- 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:
- 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
$42,999
- 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
$36,045
- 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
- 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:
- 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:
- 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
$42,890
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5L V8
- Exterior colour:
- Blue
- Combined gas mileage:
- 14 L/100km
- Fuel type:
- Gasoline
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 6,260
- Stock #:
- 500310
- VIN:
- 1FA6P8R08R5500310

2024 Ford Mustang
Dark Horse Fastback RWD
6,260 km
$74,990
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- 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
- Interior colour:
- Black
- Transmission:
- Automatic
- Mileage:
- 29,953
- Stock #:
- 130433
- VIN:
- 1FA6P8TH3R5108625

Sponsored Listing
2024 Ford Mustang
EcoBoost Fastback RWD
29,953 km
$32,590
CarGurus Analysis: 2023 Ford Mustang

Summary
With 77 currently listed for sale and an average price of $39,385 CAD, 28.6% 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: $46,260 CAD
- Good/great deal percentage: 29.7%
- User rating: 5 / 5
- Total listings: 91
- 2018 Ford Mustang
- Average price: $22,814 CAD
- Good/great deal percentage: 37.3%
- User rating: 4.61 / 5
- Total listings: 75
- 2019 Ford Mustang
- Average price: $24,785 CAD
- Good/great deal percentage: 36.5%
- User rating: 4.86 / 5
- Total listings: 63
Similar models to consider
- 2023 Dodge Challenger
- Average price: $56,735 CAD
- Good/great deal percentage: 22.8%
- User rating: 4.81 / 5
- Total listings: 57
- 2023 Subaru BRZ
- Average price: $28,165 CAD
- Good/great deal percentage: 31.0%
- Total listings: 29
- 2023 Ford Mustang Mach-E
- Average price: $37,111 CAD
- Good/great deal percentage: 22.9%
- User rating: 5 / 5
- Total listings: 70
This analysis is based on CarGurus' proprietary market data from October 12, 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: Woodbridge, ON Market Report
Pricing in Nearby Cities
Market Area: Woodbridge, ON
Key Insights
- Highest-Price Market: The Mississauga, ON market leads with an average price of $39,385 CAD, indicating a premium demand in this area.
- Best Value: All nearby cities, including Concord, ON and Vaughan, ON, share the same average price of $39,385 CAD, suggesting a stable pricing environment across the region.
- Inventory Drives Stability: The Mississauga, ON area has the most listings at 79, contributing to consistent pricing across the market.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Mississauga, ON | 79 | $39,385 CAD |
| Concord, ON | 78 | $39,385 CAD |
| Vaughan, ON | 78 | $39,385 CAD |
| North York, ON | 78 | $39,385 CAD |
| Thornhill, ON | 78 | $39,385 CAD |
| Toronto, ON | 78 | $39,385 CAD |
| Etobicoke, ON | 77 | $39,385 CAD |
| Richmond Hill, ON | 77 | $39,385 CAD |
| Brampton, ON | 77 | $39,385 CAD |
| Unionville, ON | 74 | $39,385 CAD |
Pricing by Trim Packages
Key Insights
- Volume Leader: The EcoBoost Premium Convertible RWD is the most listed trim with 43 units available, reflecting strong consumer interest in this configuration.
- Premium Spread: The Mach 1 Fastback RWD commands the highest MSRP at $55,570 CAD, showcasing the premium buyers are willing to pay for performance.
- Drivetrain Effect: All trims listed are RWD, indicating a consistent drivetrain preference among buyers in this market segment.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| EcoBoost Premium Convertible RWD | 43 | $38,295 CAD | RWD | 2.3L 310 hp I4 |
| GT Premium Convertible RWD | 34 | $48,865 CAD | RWD | 5.0L 450 hp V8 |
| EcoBoost Convertible RWD | 16 | $33,270 CAD | RWD | 2.3L 310 hp I4 |
| GT Fastback RWD | 19 | $38,345 CAD | RWD | 5.0L 450 hp V8 |
| EcoBoost Fastback RWD | 18 | $27,770 CAD | RWD | 2.3L 310 hp I4 |
| GT Premium Fastback RWD | 10 | $43,365 CAD | RWD | 5.0L 450 hp V8 |
| EcoBoost Premium Fastback RWD | 9 | $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 shows a significant average price of $83,034 CAD, reflecting a 151.7% premium over its starting MSRP.
- Depreciation Curve: The 2015 model year exhibits the steepest depreciation at -28.2%, indicating a rapid decline in value for older models.
- Best Value Sweet Spot: The 2023 model year is priced at an average of $39,385 CAD, which is 41.8% above its starting MSRP, suggesting it offers good value relative to its initial cost.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2026 | $32,995 CAD | $83,034 CAD | +151.7% |
| 2025 | $31,920 CAD | $46,260 CAD | +44.9% |
| 2024 | $30,920 CAD | $46,179 CAD | +49.3% |
| 2023 | $27,770 CAD | $39,385 CAD | +41.8% |
| 2022 | $27,470 CAD | $37,182 CAD | +35.4% |
| 2021 | $27,205 CAD | $36,144 CAD | +32.9% |
| 2020 | $26,670 CAD | $34,597 CAD | +29.7% |
| 2019 | $26,395 CAD | $24,785 CAD | -6.1% |
| 2018 | $25,680 CAD | $23,959 CAD | -6.7% |
| 2017 | $25,185 CAD | $20,229 CAD | -19.7% |
| 2016 | $24,145 CAD | $22,332 CAD | -7.5% |
| 2015 | $23,800 CAD | $17,092 CAD | -28.2% |
These recommendations are based on CarGurus' proprietary market data from October 13, 2026, CarGurus experts' opinions, and generative AI.
How much does the 2023 Ford Mustang cost?
| Metric | Value |
|---|---|
| Current Average Price | $43,709 CAD |
| Year-Round Low | $42,849 CAD |
| Year-Round High | $46,698 CAD |
| Average Price a Year Ago | $45,182 CAD |
| Change vs. Last Year | −3.26% |
Prices have softened 3.26% compared to this time last year, making it a favourable time to shop this model year.
There are 195 listings available, which suggests you have a modest 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 very strong owner satisfaction. Owners consistently praise its performance, styling, and value, and many also highlight the sound system and convertible option as standout features. That makes it a strong fit if you want a rear-wheel-drive sports car with broad appeal and a classic Mustang formula. With 31.3% of listings marked as good or great deals, there is still 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 points to a car that feels dependable in day-to-day use, with satisfaction tied to performance and the overall ownership experience. The repeated praise for the driving experience and value suggests many owners feel confident living with it over time. For used buyers, the main long-term ownership risk is making sure any example you consider has been checked carefully for repair history and prior warranty work.
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: 31.3% of listings are priced as good or great deals.
- Inventory: There are 195 listings available.
- Price trend: Prices have softened 3.26% 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 $43,709 CAD sits slightly below last year's $45,182 CAD.
That softer pricing suggests the market has eased a bit, which can help you buy more carefully now but may also limit upside if you plan to resell soon. If prices remain stable, a well-kept example should still hold reasonable appeal because the Mustang name carries broad recognition and steady shopper interest. Strong owner satisfaction can also help support future demand when you decide to sell.
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:
- 31.3% of listings are priced as good or great deals.
- Price trend: Prices have softened 3.26% compared with last year.
- Owners rate it 5/5 — a strong satisfaction signal.
Consider the 2024 if:
- At $52,946 CAD, the 2024 costs more than the current year's $43,709 CAD average.
- It brings major interior and technology upgrades.
The bottom line: Choose the 2023 if you want the stronger value play and are comfortable shopping the used market carefully. If you want the newer cabin and tech improvements, the 2024 is the better path, but price-sensitive buyers will likely find the 2023 easier to justify.
These recommendations are based on CarGurus' proprietary market data from October 13, 2026, CarGurus experts' opinions, and generative AI.
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