Used 2024 Ford Mustang for Sale nearScarborough, ON

How much does the 2024 Ford Mustang cost?

Prices have held steady compared to this time last year, signaling a stable and predictable market for this model year.

There are 232 listings available, which suggests you should have some choice when comparing trims and prices.

Is the 2024 Ford Mustang a good car?

Yes — 4.75/5. It earns an expert rating of 7.17/10, and the model scores 8/10 across Performance and Technology.

Owners consistently praise its speed, handling, driving experience, engine sound, and updated technology. The Mustang’s appeal is also tied to its powerful engine and great handling, which fit its role as a fun, nostalgia-rich performance car.

The trade-offs are familiar for this kind of car: the back seat is cramped, cargo space is limited, and the cabin can be noisy. For you, that means the Mustang makes the most sense if you want an engaging sports car first and a practical daily driver second.

With 33.6% of listings priced as good or great deals, there is still a meaningful share of attractive inventory to consider.

Is the 2024 Ford Mustang reliable?

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

Owner feedback points to a car that feels dependable in the ways that matter most to enthusiasts: strong performance, a satisfying driving experience, and technology that owners appreciate over time. The expert evaluation also notes that the Mustang is approachable and easy to drive, which supports confidence in day-to-day use.

The available maintenance perk adds some ownership appeal, since the first scheduled maintenance visit is on the house.

For used buyers, the main long-term risk is less about basic satisfaction and more about choosing a well-kept example that has been maintained properly and driven without abuse.

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

Key things to evaluate:

• Trim level: The cabin gets a more modern look with a glass panel that houses the digital instrument panel and infotainment touchscreen, while base models use two separate screens and Premium models place them in a single enclosure. You should also note that the interior materials are improved, with fewer hard plastics and more padded surfaces.
• Powertrain: The EcoBoost 2.3-litre turbo four-cylinder makes 315 horsepower and 350 pound-feet of torque, while GT models use the 5.0-litre V8 with 480 hp and 415 lb-ft, or 486 hp and 418 lb-ft with the optional Active Exhaust. The Dark Horse sits at the top of the range with 500 hp. Rear-wheel drive is the only drivetrain.
• Safety package: Standard 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 available as options.
• Infotainment: All models get a 13.2-inch infotainment touchscreen and a digital instrument cluster. Apple CarPlay and Android Auto are standard, Amazon Alexa integration is included, and a Wi-Fi hotspot comes on all models. A native navigation system 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. With the Performance Pack, it rises to 11.1/8.2/9.8. The GT automatic is rated at 15.8/9.8/13.1, while the manual returns 16.6/10.2/13.8.

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 13.2-inch touchscreen, digital instrument cluster, Apple CarPlay, Android Auto, and the standard safety suite, while the turbo four-cylinder keeps the car lively enough for most drivers.
• EcoBoost Premium: Choose this if you want the more upscale cabin presentation, since Premium models place the displays in a single enclosure and build on the improved interior materials. It suits you best if you want a nicer daily-driver feel without stepping up to V8 pricing.
• GT: This is the best-value enthusiast trim if you want the full muscle-car character. The 5.0-litre V8, standard six-speed manual, and stronger performance make it the most compelling choice for buyers who care most about sound, response, and straight-line punch.
• GT Premium: Pick this if you want the V8 experience with the more polished interior treatment and the convertible availability tied to GT Premium trim. It is the right fit if you want the strongest mix of performance and comfort.

The safety package 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 market for selective buyers, so you can shop patiently but still move quickly on a strong listing.

• Deal availability: 33.6% of listings are priced as good or great deals.
• Inventory: There are 232 listings available.
• Price trend: Prices have held steady compared with last year.

If you find a listing below $48,613 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 $52,469 CAD sits slightly below last year's $52,569 CAD.

That small decline suggests the market has been stable rather than volatile, which is helpful if you plan to sell later. A steady price pattern usually means buyers are still willing to pay for the Mustang’s core appeal, especially when the car is in good condition and well equipped.

Because the year-round range is fairly tight, a clean example with desirable equipment should remain easier to position competitively. If you buy well now, you are less likely to face a sharp value drop in the near term.

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 is built on a previous generation that earned five-star ratings across the board from NHTSA and Good ratings from IIHS in all tests except the driver-side small overlap test, where it scored Acceptable.

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 available as options.

The main caveat is that current crash-test results for this model year are not yet available, so you should lean on the standard safety equipment and the previous generation’s strong results when evaluating it.

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:

• 33.6% of listings are priced as good or great deals.
• Price trend: Prices have held steady compared with last year.
• Owners rate it 4.75/5 — a strong satisfaction signal.
• This year brings a major interior and technology upgrade, while keeping the Mustang’s classic performance-first character.

The bottom line: If you want the newest version of the Mustang’s formula with updated tech and a stable used market, the 2024 model is the one to target. If your priority is stretching your budget further, a nearby year may still make sense, but you should expect to give up some of the 2024’s interior and technology improvements.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.