Used 2024 Ford Mustang for Sale nearNorth York, ON

How much does the 2024 Ford Mustang cost?

Prices are up 1.47% year-over-year — a sign of continued demand for this model year.

There are 219 listings available, which gives you a modest amount of inventory to compare.

Is the 2024 Ford Mustang a good car?

Yes — 4.75/5 owners’ rating points to strong owner satisfaction, and the expert rating is 7.17/10. The model scores 8/10 across Performance and Technology.

Owners consistently praise the Mustang’s speed, handling, engine sound and updated technology, while also appreciating higher-trim comfort features such as heated and ventilated seats. The trade-offs are a cramped back seat and limited cargo space, and the cabin can feel noisy. That said, the Mustang’s appeal is strongest if you want a fun, nostalgic sports car that still feels approachable for everyday use.

Only 34.2% of listings are priced as good or great deals, so the market is somewhat selective.

Is the 2024 Ford Mustang reliable?

Owners rate it 4.75/5, a strong signal of long-term satisfaction.

Owner feedback points to a dependable, trouble-free ownership experience, with praise for the car’s performance, driving enjoyment and updated technology. The expert evaluation also describes the Mustang as approachable and easy to drive, which supports confidence in day-to-day use.

The available maintenance and ownership experience appears straightforward, but used buyers should still check service history carefully because sports-car wear and prior hard use can raise long-term ownership risk.

What should I look for when buying a used 2024 Ford Mustang?

Key things to evaluate:

• Trim level: The cabin gets a much more modern look, with a glass panel that encloses the digital instrument panel and infotainment touchscreen, while materials quality is improved with fewer hard plastic surfaces. Base models use two separate screens, while Premium models place them in a single enclosure, so the higher trims feel more upscale.
• Powertrain: The EcoBoost 2.3-litre turbo four-cylinder makes 315 horsepower and 350 pound-feet of torque, while GT models use a 5.0-litre V8 with 480 hp and 415 lb-ft, or 486 hp and 418 lb-ft with the optional Active Exhaust. The EcoBoost is adequate, but the GT is the more inspiring choice.
• Safety package: All Mustangs include frontal collision warning with automatic emergency braking, lane-keep assist, a blind-spot monitor with rear cross-traffic alert, rear parking sensors, rain-sensing wipers and automatic high beams. Adaptive cruise control and a safe passenger exit warning are optional, so check whether a used example has those extras.
• Infotainment: Every 2024 Mustang gets a 13.2-inch infotainment touchscreen and a digital instrument cluster, with Sync 4, Apple CarPlay, Android Auto, Amazon Alexa integration and a Wi-Fi hotspot. Native navigation and a 12-speaker Bang & Olufsen audio system are optional.
• Fuel efficiency: The EcoBoost is rated at 10.8 L/100 km city, 7.1 highway and 9.2 combined, or 11.1/8.2/9.8 with the Performance Pack. The GT is rated at 15.8/9.8/13.1 with the automatic, or 16.6/10.2/13.8 with the manual.

Which 2024 Ford Mustang trim should I buy?

The 2024 Ford Mustang is offered in 4 trim levels: EcoBoost, EcoBoost Premium, GT, GT Premium.

Here's the short version:

• EcoBoost: This is the value play if you want the Mustang experience at the lowest entry point. You still get the 315-horsepower turbo four-cylinder, rear-wheel drive and the full tech upgrade, so it suits you if you care more about style, handling and price than V8 power.
• EcoBoost Premium: Choose this if you want the same engine but a more upscale cabin presentation. The Premium layout is the better fit if you want the Mustang’s modern interior treatment without stepping up to V8 pricing.
• GT: This is the best-value trim for most enthusiasts because it brings the 5.0-litre V8 and the more complete muscle-car character. If you want the strongest performance-to-price balance, this is the one to target.
• GT Premium: Pick this if you want the V8 plus the more upscale interior presentation and are willing to pay for it. It suits you best if comfort and features matter as much as performance.

The safety equipment is standard across the lineup, while adaptive cruise control and the safe passenger exit warning remain optional.

Is now a good time to buy a used 2024 Ford Mustang?

This is a moderate, selective buyer’s market, so you have some room to shop carefully without expecting deep discounts everywhere.

• Deal availability: 34.2% of listings are priced as good or great deals.
• Inventory: There are 219 listings available.
• Price trend: Prices are up 1.47% year-over-year.

If you find a listing below $49,067 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2024 Ford Mustang's resale value?

The current average of $53,466 CAD sits slightly above last year's $52,689 CAD.

That upward movement suggests the Mustang is holding demand well, which can help support resale value if you decide to sell later. The current pricing also shows that buyers are still willing to pay for this model year’s mix of performance, technology and heritage appeal. If the market stays tight on good-condition examples, well-kept cars should remain relatively easy to move.

Vehicles with strong owner satisfaction ratings, like this model year's 4.75/5, tend to retain buyer demand, which supports resale value over time.

Is the 2024 Ford Mustang safe?

The 2024 Ford Mustang earns Good ratings from IIHS except for the driver-side small overlap test, where it scored Acceptable. It also earned five-star ratings across the board from NHTSA in the previous-generation model on which it is based.

It earns a 6/10 safety score from our experts.

Standard safety equipment includes frontal collision warning with automatic emergency braking, lane-keep assist, a blind-spot monitor with rear cross-traffic alert, rear parking sensors, rain-sensing wipers and automatic high beams. Adaptive cruise control and a safe passenger exit warning are optional, so you should confirm whether a used example has them.

Should I buy a 2024 Ford Mustang or consider a different year?

If you're weighing the 2024 against nearby model years, here's how to think about it:

Choose the 2024 if:

• 34.2% of listings are priced as good or great deals.
• Price trend: Prices are up 1.47% year-over-year.
• Owners rate it 4.75/5 — a strong satisfaction signal.
• The 2024 Mustang stands out as the last remaining muscle car, and it brings major interior and technology upgrades while keeping the familiar Mustang formula.

The bottom line: If you want the freshest version of this generation with the strongest mix of nostalgia, performance and updated tech, the 2024 is the one to focus on. If you are more price-sensitive, a nearby model year may offer a lower entry point, but you should still prioritise condition, service history and the equipment you want.

These recommendations are based on CarGurus' proprietary market data from October 20, 2026, CarGurus experts' opinions, and generative AI.