Used 2016 Ford Mustang for Sale nearFranklin, KY

Compare 2016 Ford Mustang Trims

The 2016 Ford Mustang offers a range of trims from budget-friendly options to powerful V8 models, catering to various driving preferences.

• Starting at $15,107
• Best MPG/MPGe: 22 city / 31 hwy
• Most Popular: EcoBoost Premium Convertible RWD

Trim Overview

Prices updated weekly from CarGurus listings.

Quick Compare Table

Listing prices sourced from CarGurus — updated weekly. OEM specs from manufacturer data.

Missing data displayed as "—".

Trim Deep Dives

V6 Coupe RWD — "Who It's For"

The V6 Coupe is the pick for shoppers who want a sporty experience without the higher costs of the V8 models.

• Avg. market price: $16,332 (updated weekly)
• MPG/MPGe: 17 city / 28 hwy
• Inventory: 493 listings
• View V6 Coupe RWD listings

EcoBoost Coupe RWD — "Who It's For"

The EcoBoost Coupe is the pick for shoppers who want a balance of performance and fuel efficiency without breaking the bank.

• Avg. market price: $15,107 (updated weekly)
• MPG/MPGe: 22 city / 31 hwy
• Inventory: 790 listings
• View EcoBoost Coupe RWD listings

EcoBoost Premium Coupe RWD — "Who It's For"

The EcoBoost Premium Coupe is the pick for shoppers who want a sporty feel with added luxury features without the V8 price tag.

• Avg. market price: $15,804 (updated weekly)
• MPG/MPGe: 22 city / 31 hwy
• Inventory: 499 listings
• View EcoBoost Premium Coupe RWD listings

V6 Convertible RWD — "Who It's For"

The V6 Convertible is the pick for shoppers who want an open-air experience without the higher costs of the V8 models.

• Avg. market price: $15,215 (updated weekly)
• MPG/MPGe: 17 city / 28 hwy
• Inventory: 213 listings
• View V6 Convertible RWD listings

GT Coupe RWD — "Who It's For"

The GT Coupe is the pick for shoppers who want serious performance and power without going for the fully loaded trims.

• Avg. market price: $24,472 (updated weekly)
• MPG/MPGe: 15 city / 25 hwy
• Inventory: 1,039 listings — widest selection in the lineup
• View GT Coupe RWD listings

EcoBoost Premium Convertible RWD — "Who It's For"

The EcoBoost Premium Convertible is the pick for shoppers who want a stylish convertible with modern tech features at a reasonable price.

• Avg. market price: $15,279 (updated weekly)
• MPG/MPGe: 22 city / 31 hwy
• Inventory: 1,528 listings — widest selection in the lineup
• View EcoBoost Premium Convertible RWD listings

GT Premium Coupe RWD — "Who It's For"

The GT Premium Coupe is the pick for shoppers who want a high-performance vehicle with luxury features without going for the convertible.

• Avg. market price: $28,040 (updated weekly)
• MPG/MPGe: 15 city / 25 hwy
• Inventory: 1,364 listings — widest selection in the lineup
• View GT Premium Coupe RWD listings

GT Premium Convertible RWD — "Who It's For"

The GT Premium Convertible is the pick for shoppers who want the ultimate in luxury and performance in a stylish convertible.

• Avg. market price: $27,647 (updated weekly)
• MPG/MPGe: 15 city / 25 hwy
• Inventory: 828 listings
• View GT Premium Convertible RWD listings

Trim Recommendations

Most Popular — EcoBoost Premium Convertible RWD

With 1,528 active listings, the EcoBoost Premium Convertible RWD is the clear volume leader in the lineup.

Browse EcoBoost Premium Convertible RWD listings

Best Budget Option — EcoBoost Coupe RWD

At $15,107 avg market price — below the lineup median of $16,068 — it's the most accessible entry point.

Browse EcoBoost Coupe RWD listings

Best for Fuel Economy — EcoBoost Coupe RWD

With 22/31 MPG, the EcoBoost Coupe RWD offers the best fuel efficiency in the lineup.

Browse EcoBoost Coupe RWD listings

These recommendations are based on CarGurus' proprietary market data from September 2, 2026, CarGurus experts' opinions, and generative AI.

How much does the 2016 Ford Mustang cost?

Prices have softened 3.81% compared to this time last year, making it a favorable time to shop this model year.

There are 1,820 listings available, which gives you a solid amount of inventory to compare.

If you find a listing below $18,418.98, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2016 Ford Mustang a good car?

Yes — the 2016 Ford Mustang earns a 4.85/5 user rating and a 7.5/10 expert rating. The standout strength is Safety at 9/10.

Owners consistently praise its fun and smooth ride, performance, and handling. They also like its stylish design and the value it offers compared with similar cars. In practical terms, that lines up well with a car that works as a sporty daily driver or a weekend fun car, depending on how you plan to use it.

The market also shows 29.2% of listings as good or great deals, which suggests there are still worthwhile opportunities if you shop carefully.

Is the 2016 Ford Mustang reliable?

Owners rate it 4.85/5, a strong signal of long-term satisfaction.

The owner feedback points to a car people enjoy living with over time, especially because of its fun driving character, smooth ride, and strong value. The expert evaluation also describes it as a car that blends heritage with fresh updates, which helps it feel more special than a simple carryover.

The performance write-up emphasizes that it handles its weight with poise and confidence, which supports the sense that it’s a car you can count on for enjoyable everyday driving. The cost-effectiveness discussion also notes that it remains one of the better deals in the sports-car segment.

For used buyers, the main long-term ownership risk is that condition can vary a lot depending on how the car was driven and maintained.

What should I look for when buying a used 2016 Ford Mustang?

At 55.4% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle history report and then prioritize a pre-purchase inspection, especially if the car has been modified or driven hard. Focus on overall condition, signs of wear, and whether the equipment level matches the trim you’re considering. If you’re shopping a sports car, the details matter more than usual.

Key things to evaluate:

• Trim level: The base V6 comes with 17-inch alloys, automatic xenon headlights, LED taillights, keyless entry and ignition, a tilt and telescoping steering wheel, and MyKey. Higher trims add features like power front seats, unique wheels, leather upholstery, ambient lighting, heated and ventilated seats, and dual-zone automatic climate control.
• Powertrain: You can choose from a V6, a turbocharged 2.3-liter four-cylinder, or a V8. The V6 is rated at 300 hp and 280 lb-ft, the EcoBoost at 310 hp and 320 lb-ft, and the V8 at 435 hp and 400 lb-ft.
• Safety package: Standard safety equipment includes antilock brakes, traction and stability control, and a full suite of airbags. Premium models can add adaptive cruise control, blind-spot monitoring with cross-traffic alert, and forward-collision warning.
• Infotainment: Sync 3 is the key upgrade, and the upgraded system includes an 8-inch touchscreen. The tech package also mentions a larger screen, and the system supports features like Track Apps.
• Fuel efficiency: The V6 returns 17 mpg city/28 highway/21 combined with the 6-speed manual, or 22 combined with the automatic. The EcoBoost is rated at 22/31/26 with the manual or 21/32/25 with the automatic. The V8 is rated at 15/25/19.

Which 2016 Ford Mustang trim should I buy?

The 2016 Ford Mustang is offered in 5 trim levels: V6, EcoBoost, EcoBoost Premium, GT, GT Premium.

Here's the short version:

• V6: This is the value-oriented starting point, and it still comes with a strong standard equipment list for the money. It suits you if you want Mustang style and performance without stretching into higher-priced trims.
• EcoBoost: This is the best-value trim for many shoppers because it adds the turbocharged 2.3-liter engine and more power while staying below the premium models. It’s a smart pick if you want a more modern-feeling Mustang without paying for luxury extras.
• EcoBoost Premium: This is the trim to choose if you want the better infotainment and comfort upgrades, including Sync 3, an 8-inch touchscreen, leather upholstery, heated and ventilated seats, and dual-zone automatic climate control. It’s the right fit if you want a more complete daily-driver experience.
• GT: This is the choice if V8 power is your priority. It gives you the bigger engine and performance-focused hardware, making it the obvious pick if you care most about straight-line speed and muscle-car character.
• GT Premium: This is the most complete version if you want V8 performance plus the nicer cabin and convenience features. It’s the trim to target if you want the fullest Mustang experience and are willing to pay for it.

Premium Mustangs can also add adaptive cruise control, blind-spot monitoring with cross-traffic alert, and forward-collision warning.

Is now a good time to buy a used 2016 Ford Mustang?

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you’re patient.

• Deal availability: 29.2% of listings are priced as good or great deals.
• Inventory: There are 1,820 listings available.
• Price trend: Prices have softened 3.81% compared with last year.
• Clean inventory: 55.4% of listings are accident-free.

If you find a listing below $18,418.98, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Ford Mustang's resale value?

The current average of $19,603 sits slightly below last year's $20,378.

That price movement suggests the market has softened, which can be good news if you’re buying now but less favorable if you’re planning to sell soon. If you own one, you should expect resale value to depend heavily on condition, mileage, and whether the car has been modified.

Because this model is a sports car, clean examples with desirable equipment should still attract attention from shoppers who want Mustang performance and style. Vehicles with strong owner satisfaction ratings, like this model year's 4.85/5, tend to retain buyer demand, which supports resale value over time.

Is the 2016 Ford Mustang safe?

It earns a five-star overall rating from NHTSA and a Good rating from IIHS.

It earns a 9/10 safety score from our experts.

Standard safety equipment includes antilock brakes, traction and stability control, and a full suite of airbags. Premium models can add adaptive cruise control, blind-spot monitoring with cross-traffic alert, and forward-collision warning. All Mustangs can also add optional front and rear parking sensors.

Should I buy a 2016 Ford Mustang or consider a different year?

If you're weighing the 2016 against nearby model years, here's how to think about it:

Choose the 2016 if:

• 29.2% of listings are priced as good or great deals.
• At 55.4% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 3.81% compared with last year.
• Owners rate it 4.85/5 — a strong satisfaction signal.
• Ford added heritage touches and fresh packages, including hood-mounted turn signals and the California Special.

Consider the 2015 if:

• At $20,227, the 2015 costs more than the current year's $19,603 average.
• It was a redesigned anniversary model with a big step forward dynamically and technologically.

The bottom line: If you want the better shopping environment and the refreshed 2016 packaging, this year is the stronger default choice. If you’re mainly comparing prices and want the earlier redesign year, the 2015 can still make sense, but you’ll want to pay close attention to condition and equipment.

These recommendations are based on CarGurus' proprietary market data from September 4, 2026, CarGurus experts' opinions, and generative AI.