Used Ford Mustang for Sale nearConcord, ON

How much does the Ford Mustang cost in today's market?

Used Ford Mustang prices span a wide range depending on model year. Here's what the market looks like right now:

The Ford Mustang's current nationwide average price is $36,582 CAD, and over the past year it reached a low of $35,574 CAD. Recently, prices have come down for the 2023 and 2025 models, making now a good time to shop recent model years.

Is the Ford Mustang a good car?

Yes — the Ford Mustang has broad appeal because it blends strong performance, iconic styling, and a wide range of engine choices. The all-generations owner rating is 4.6/5 across every model year in the data.

Owners consistently praise the Mustang’s power, fun driving experience, and styling, and many also highlight the variety of engine options and the sound of the V8 models. Expert reviews reinforce that appeal with praise for the car’s handling, value, and approachable character.

Expert reviews rate the 2018 and 2020 models among the highest across all years.

The main trade-offs across recent expert-reviewed years centre on rear-seat space, cargo room, and cabin noise, along with some build-quality and powertrain concerns in certain model years.

29.4% of listings are priced as good or great deals.

Are Ford Mustang models reliable?

Owners consistently praise the Mustang for its performance, styling, and driving enjoyment, and expert reviews repeatedly point to its strong handling and broad range of engine choices. Across the years, the Mustang also earns high owner satisfaction scores, which supports its reputation as a desirable used sports car.

• Owners rate the Ford Mustang between 4.4 and 5 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk depends on the specific year and how well the car has been maintained, so a careful inspection and service-history review matter.

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

Key things to evaluate:

• Safety package: 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
• Infotainment: a large 13.2-inch infotainment touchscreen with the Sync 4 infotainment system, Apple CarPlay, Android Auto, and Amazon Alexa integration
• Fuel efficiency: The four-cylinder EcoBoost will return 10.8 litres per 100 kilometres in the city, 7.1 on the highway, and 9.2 in combined driving. The Performance Pack increases the numbers to 11.1/8.2/9.8

Which Ford Mustang trim should I buy?

The 2024 Ford Mustang offers these trims:

• EcoBoost: The entry point brings the EcoBoost 2.3-litre turbo four-cylinder, the 13.2-inch infotainment touchscreen, and the Sync 4 system, making it the best-value choice for shoppers who want the Mustang experience at the lowest starting price.
• EcoBoost Premium: This trim adds a more upscale cabin presentation with the single-enclosure screen layout and is a strong pick if you want extra polish alongside the core Mustang hardware.
• GT: The GT adds the Coyote 5.0-litre V8, six-speed manual transmission, and a much more serious muscle-car character for buyers who want the strongest performance focus.
• GT Premium: This trim builds on the GT with the more premium interior treatment and is the right choice if you want V8 power with a richer feature set.
• Dark Horse: The Dark Horse adds 500 hp and several other performance enhancements, making it the most track-focused choice in the lineup.
• Dark Horse Premium: This trim combines the Dark Horse’s performance upgrades with the more upscale cabin presentation for buyers who want the most complete version of the range.

What Ford Mustang do most buyers choose?

The Ford Mustang years with the most listings are 2025, 2024, and 2018.

These higher-volume years tend to attract more shoppers because they offer a wider selection of trims, prices, and equipment levels. More listings also make it easier to compare condition and value across the market.

What is the Ford Mustang's resale value?

Most Mustang model years are down year over year, which creates more room for used buyers to find value. A few newer years are holding close to flat or moving up, showing that demand remains strong for the most recent examples.

The 2024 model year is holding steady, with prices close to flat year-over-year.

The 2020, 2024, and 2021 model years have held their value best, with the smallest year-over-year price changes.

Is the Ford Mustang safe?

• 2024: 6/10
• 2020: 7/10
• 2019: 9/10
• 2018: 8/10
• 2015: 9/10
• 2014: 6/10

Standard safety features for 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.

For the safest used buy, the 2015 and 2019 models both post the highest confirmed score of 9/10.

Should I buy a used Ford Mustang now or wait for the next model?

Buy now if:

• Price trend: The 2025 model is at −15.86% versus a year ago, and the 2023 model is at −5.24%.
• Deal availability: The 2025 model has 33.6% good and great deals, and the 2023 model has 35.5%.
• Sweet-spot year: The 2025 model has the most listings at a current average price of $46,878 CAD. The Ford Mustang offers an iconic performance-car character that blends strong acceleration, distinctive styling, and broad enthusiast appeal.

Consider waiting if:

• Powertrain/efficiency: The EcoBoost 2.3-litre turbo four-cylinder produces 315 horsepower and 350 pound-feet of torque, while the GT’s 5.0-litre V8 delivers 480 hp and 415 lb-ft.
• Tech: The 2024 Mustang includes a 13.2-inch infotainment touchscreen, a digital instrument cluster, Apple CarPlay, Android Auto, and Amazon Alexa integration.
• Safety: The latest model adds 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.
• Starting price: The base 2024 Ford Mustang EcoBoost has a new vehicle starting price of $39,195 CAD.

If you're buying used today, the 2025 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for the next model year's inventory to build up.

How does the 2025 Ford Mustang compare to the 2025 Toyota GR86?

These recommendations are based on CarGurus' proprietary market data from November 3, 2026, CarGurus experts' opinions, and generative AI.