Used Ford Mustang for Sale near Hornell Heights, 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 $36,123 CAD, and over the past year that average reached a low of $36,082 CAD. Recently, prices have come down for the 2023, 2024, and 2025 models, making now a good time to shop recent model years.

Is the Ford Mustang a good car?

Yes — the Ford Mustang remains a compelling used performance car thanks to its strong owner satisfaction, iconic styling, and engaging driving character. The all-generations owner rating is 4.62/5 across every model year in the data.

Owners consistently praise the Mustang for its powerful performance, fun driving experience, and distinctive looks. Many also highlight the variety of engine choices and the emotional appeal of the V8 sound.

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 cabin noise, limited rear-seat space, and cargo room, along with some reported build-quality and powertrain concerns on newer models.

28.5% of listings are priced as good or great deals.

Are Ford Mustang models reliable?

Owners and experts consistently praise the Mustang for its performance, styling, and driving enjoyment. Across the years in the data, it also earns strong owner satisfaction scores, which points to a model that continues to resonate with shoppers.

• Owners rate the Ford Mustang between 4.42 and 5.0 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk depends heavily on the specific year and how well it has been maintained, so a careful inspection and service history 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 The V8-powered GT is rated at 15.8 L/100 km city, 9.8 hwy, and 13.1 combined with the automatic transmission. The manual transmission raises fuel consumption figures to 16.6/10.2/13.8.

Which Ford Mustang trim should I buy?

The 2024 Ford Mustang offers these trims:

• EcoBoost: The entry trim brings the 2.3-litre turbo four-cylinder, 13.2-inch touchscreen, digital instrument cluster, and strong value 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 good fit if you want more comfort and a richer interior feel.
• GT: The GT adds the 5.0-litre V8, six-speed manual transmission, and the more serious muscle-car character many buyers want.
• GT Premium: This is the best-value trim for shoppers who want the V8 experience with the more upscale equipment and convertible availability.
• Dark Horse: The Dark Horse adds 500 hp and several performance enhancements for buyers who want the most focused factory Mustang in the lineup.

What Ford Mustang do most buyers choose?

The Ford Mustang years with the most listings are 2024, 2025, and 2023.

These higher-volume years tend to be popular because they give you more inventory to compare, which can make it easier to find the right trim, colour, and equipment. They also often represent the most current versions of the Mustang formula, which helps keep buyer interest strong.

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. The largest drops are concentrated in the newer models, while a few years are moving only slightly. One model year is still edging upward, which shows that demand remains healthy for certain versions.

The 2021, 2024, and 2019 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 −25.31% versus a year ago, and the 2024 model is at −1.65%.
• Deal availability: The 2025 model has 35.1% good and great deals, and the 2024 model has 34%.
• Sweet-spot year: The 2024 model has the most listings at a current average price of $52,057 CAD. The Ford Mustang offers iconic styling and a classic rear-drive performance character that has kept it desirable across generations.

Consider waiting if:

• Powertrain/efficiency: The new Mustang's entry-level engine is the EcoBoost 2.3-litre turbo four-cylinder that produces 315 horsepower and 350 pound-feet of torque. The V8-powered GT is rated at 15.8 L/100 km city, 9.8 hwy, and 13.1 combined with the automatic transmission.
• Tech: All 2024 Mustangs come with a large 13.2-inch infotainment touchscreen and a digital instrument cluster, and Apple CarPlay and Android Auto are standard along with Amazon Alexa integration.
• Safety: 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.
• Starting price: The base 2024 Ford Mustang EcoBoost has a new vehicle starting price of $39,195.

If you're buying used today, the 2024 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.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.