Used 2016 Ford Mustang for Sale near Illinois

Compare 2016 Ford Mustang Trims

The 2016 Ford Mustang offers a range of trims from budget-friendly options to high-performance models, all with RWD and impressive styling.

• Starting at $14,776
• 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 look without the higher price of the GT. It offers solid features and performance.

• Avg. market price: $16,326 (updated weekly)
• MPG/MPGe: 17 city / 28 hwy
• Inventory: 494 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: $14,776 (updated weekly)
• MPG/MPGe: 22 city / 31 hwy
• Inventory: 828 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 experience with added luxury features without the price of a GT.

• Avg. market price: $15,855 (updated weekly)
• MPG/MPGe: 22 city / 31 hwy
• Inventory: 529 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 premium trims.

• Avg. market price: $14,902 (updated weekly)
• MPG/MPGe: 17 city / 28 hwy
• Inventory: 214 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: $23,787 (updated weekly)
• MPG/MPGe: 15 city / 25 hwy
• Inventory: 1,040 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: $15,356 (updated weekly)
• MPG/MPGe: 22 city / 31 hwy
• Inventory: 1,465 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 and a powerful V8 engine.

• Avg. market price: $27,763 (updated weekly)
• MPG/MPGe: 15 city / 25 hwy
• Inventory: 1,339 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 with a powerful V8 engine.

• Avg. market price: $27,425 (updated weekly)
• MPG/MPGe: 15 city / 25 hwy
• Inventory: 831 listings
• View GT Premium Convertible RWD listings

Trim Recommendations

Most Popular — EcoBoost Premium Convertible RWD

With 1,465 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 $14,776 avg market price — below the lineup median of $16,090 — 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 12, 2026, CarGurus experts' opinions, and generative AI.

How much does the 2016 Ford Mustang cost?

Prices have softened 4.26% compared to this time last year, making it a favorable time to shop this model year.

There are 1,808 listings available, which suggests you have a solid amount of inventory to compare.

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, handling, stylish design, and value compared with similar cars. That lines up well with the Mustang’s role as a sporty coupe or convertible that still aims to feel usable every day. If you want a car with strong enthusiast appeal and broad trim variety, this model year gives you that mix of heritage touches and modern convenience.

The market also shows 30.1% of listings as good or great deals, which is a healthy sign for shoppers looking for value.

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 that feels fun, smooth, and satisfying to live with, while also being valued for its performance and handling. The expert notes also emphasize that the Mustang’s updated hardware and broader capability help it feel more mature and dependable than older versions. Ford’s newer infotainment system is described as a meaningful upgrade over the previous setup, which supports the sense that this model year is built to be easier to count on.

If you’re buying used, the main long-term ownership risk is that condition can vary a lot from one car to the next, so maintenance history and prior use matter.

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

At 55.8% 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 you’re considering a car with performance options or a convertible body. Focus on signs of wear, modifications, and any evidence that the car was driven hard or repaired after damage. It’s also smart to compare trim equipment carefully, since the Mustang’s value changes a lot based on how much convenience and performance gear it has.

Key things to evaluate:

• Trim level: The base car already includes 17-inch alloys, automatic xenon headlights, LED taillights, keyless entry and ignition, a tilt and telescoping steering wheel, and MyKey. EcoBoost adds power front seats, unique 18-inch alloys, a rear spoiler, and LED fog lights, while EcoBoost Premium adds leather, heated and ventilated seats, ambient lighting, and Sync 3 with an 8-inch touchscreen. GT Premium restores the premium equipment after the V8 step-up, and the California Special adds unique styling and interior trim.
• Powertrain: You can choose 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. The performance package adds stronger hardware and sharper responses, while the V8 can also be paired with launch-control and line-lock features.
• Safety package: The Mustang includes standard 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 add optional front and rear parking sensors.
• Infotainment: Sync 3 is the key tech upgrade, and the upgraded system uses an 8-inch touchscreen. The content also notes that the system is quicker and more stable than the old setup, and some versions add a 9-speaker audio system.
• Fuel efficiency: The V6 returns 17 mpg city/28 highway/21 combined with the manual and 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 already comes with a surprisingly strong list of standard equipment. If you want the lowest-cost way into the Mustang without giving up the core look and feel, this is the trim to start with.
• EcoBoost: This trim adds the turbo four-cylinder engine, power front seats, unique 18-inch wheels, a rear spoiler, and LED fog lights. It’s a smart pick if you want stronger efficiency and a more modern powertrain without jumping straight to V8 pricing.
• EcoBoost Premium: This is the best-value trim for many shoppers because it adds Sync 3, leather, heated and ventilated seats, ambient lighting, and more comfort-focused upgrades. If you want the most balanced mix of tech, comfort, and everyday usability, this is the one to target.
• GT: This is the choice if you want the V8 experience and are willing to give up some premium features to get it. It focuses more on engine character and performance hardware than on luxury touches.
• GT Premium: This is the most complete version if you want V8 power and the nicer cabin equipment together. It’s the trim to consider if you want the Mustang’s strongest blend of performance and comfort.

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?

The market looks moderately favorable if you’re a selective buyer.

• Deal availability: 30.1% of listings are priced as good or great deals.
• Inventory: There are 1,808 listings available.
• Price trend: Prices have softened 4.26% compared with last year.
• Clean inventory: 55.8% of listings are accident-free.

If you find a listing below $18,414, 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 $19,475 sits slightly below last year's $20,342.

That decline suggests the Mustang has softened in the used market, which can be good news if you’re buying now but less ideal if you’re planning to sell soon. A lower current average price can help you get into the car more affordably, but it also means you should expect depreciation to continue if you hold it for a while. Condition, mileage, and originality will matter a lot when it comes time to resell.

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?

The 2016 Ford Mustang 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 antilock brakes, traction and stability control, and a full suite of airbags are part of the safety story here. If you move up to a Premium Mustang, you can also add adaptive cruise control, blind-spot monitoring with cross-traffic alert, and forward-collision warning. All Mustangs can add optional front and rear parking sensors, which can be especially helpful in a car with a prominent front splitter.

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:

• 30.1% of listings are priced as good or great deals.
• At 55.8% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 4.26% compared with last year.
• Owners rate it 4.85/5 — a strong satisfaction signal.
• Ford added heritage touches and modern upgrades, including Sync 3, hood-mounted turn signals, and new special packages.

Consider the 2015 if:

• At $20,226, the 2015 costs more than the current year's $19,475 average.
• It was a redesigned anniversary-year Mustang with a clear step forward dynamically and technologically.

The bottom line: If you want the better buy right now, the 2016 is the stronger path because it combines a lower average price with meaningful updates and solid owner satisfaction. If you’re shopping mainly on price and find a well-kept 2015, that earlier redesign still offers the core Mustang appeal, but the 2016 gives you the fresher package and better market value.

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