Used 2016 Ford Mustang for Sale nearLouisville, KY
Shop with transparent pricing.
Only show listings that include dealer fees- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Oxford White
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- 6-Speed Manual
- Mileage:
- 41,114
- Stock #:
- HC1-4131
- VIN:
- 1FA6P8CF4H5244131


Sponsored by Hypercars LLC
2017 Ford Mustang
GT Premium Coupe RWD
41,114 mi
$35,588
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Transmission:
- 6-Speed Manual
- Mileage:
- 48,206
- Stock #:
- p433637
- VIN:
- 1FA6P8CFXF5433637

Sponsored Listing
2015 Ford Mustang
GT Coupe RWD
48,206 mi
$26,700
- Year:
- 2016
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Silver
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 82,971
- Stock #:
- 41982
- VIN:
- 1FATP8UH8G5231836

Sponsored Listing
2016 Ford Mustang
EcoBoost Premium Convertible RWD
82,971 mi
$15,900
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Black
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- 6-Speed Manual
- Mileage:
- 85,360
- Stock #:
- 26P171
- VIN:
- 1FA6P8TH2F5312179

2015 Ford Mustang
EcoBoost Premium Coupe RWD
85,360 mi
$17,659
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Ruby Red Metallic
- Combined gas mileage:
- 25 MPG
- Fuel type:
- Gasoline
- Interior color:
- Ceramic
- Transmission:
- 6-Speed Automatic
- Mileage:
- 123,221
- Stock #:
- 26131B
- VIN:
- 1FA6P8TH6H5293042

2017 Ford Mustang
EcoBoost Premium Coupe RWD
123,221 mi
$14,599
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Grabber Blue
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- 6-Speed Manual
- Mileage:
- 58,834
- Stock #:
- 1824
- VIN:
- 1FA6P8CF4H5291255

2017 Ford Mustang
GT Coupe RWD
58,834 mi
$31,008
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Black
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Red
- Transmission:
- 6-Speed Manual
- Mileage:
- 68,893
- Stock #:
- 42606
- VIN:
- 1FA6P8CFXF5414411

2015 Ford Mustang
GT Coupe RWD
68,893 mi
$26,606
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 300 hp 3.7L V6
- Exterior color:
- Gray
- Combined gas mileage:
- 23 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 153,304
- Stock #:
- P23495A
- VIN:
- 1FA6P8AM3F5359978

-$450
2015 Ford Mustang
V6 Coupe RWD
153,304 mi
$11,211
$10,761
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Black
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- 6-Speed Manual
- Mileage:
- 29,721
- Stock #:
- CM10237
- VIN:
- 1FA6P8CFXF5433699

2015 Ford Mustang
GT Coupe RWD
29,721 mi
$30,696
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Red
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Brown (TAN)
- Transmission:
- 6-Speed Automatic
- Mileage:
- 33,609
- Stock #:
- 366765
- VIN:
- 1FA6P8THXF5366765

-$1,000
2015 Ford Mustang
EcoBoost Premium Coupe RWD
33,609 mi
$20,101
$19,101
- Year:
- 2016
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Ingot Silver
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- 6-Speed Automatic
- Mileage:
- 128,558
- Stock #:
- LT1029
- VIN:
- 1FA6P8TH5G5221988

2016 Ford Mustang
EcoBoost Premium Coupe RWD
128,558 mi
$11,545
- Year:
- 2016
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- White
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Transmission:
- 6-Speed Automatic
- Mileage:
- 62,365
- Stock #:
- 18786
- VIN:
- 1FATP8UH5G5318786

2016 Ford Mustang
EcoBoost Premium Convertible RWD
62,365 mi
$18,490
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Black
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 103,950
- Stock #:
- 408422
- VIN:
- 1FA6P8CF7F5408422

2015 Ford Mustang
GT Premium Coupe RWD
103,950 mi
$24,548
CarGurus Analysis:
2016 Ford Mustang
With 295 currently listed for sale near Louisville, KY and an average price of $16,424, 31.9% of 2016 Ford Mustangs for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2016 Ford Mustang 4.85 / 5 stars and CarGurus experts gave it a 7.5 / 10.
66.4% of 2016 Mustang models on CarGurus are accident free.
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Gray
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 110,835
- Stock #:
- 4689
- VIN:
- 1FA6P8CFXH5319575

2017 Ford Mustang
GT Coupe RWD
110,835 mi
$22,139
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Lightning Blue Metallic
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- 6-Speed Automatic
- Mileage:
- 55,600
- Stock #:
- 4815
- VIN:
- 1FATP8FF4H5327296

2017 Ford Mustang
GT Premium Convertible RWD
55,600 mi
$26,414
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Red
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 105,963
- Stock #:
- 411682
- VIN:
- 1FA6P8CF4F5411682

-$1,475
2015 Ford Mustang
GT Premium Coupe RWD
105,963 mi
$22,018
$20,542
- Year:
- 2016
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Shadow Black
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- 6-Speed Automatic
- Mileage:
- 73,799
- Stock #:
- P1013
- VIN:
- 1FA6P8TH2G5202010

2016 Ford Mustang
EcoBoost Premium Coupe RWD
73,799 mi
$18,548
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Black
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Automatic
- Mileage:
- 83,897
- Stock #:
- 18120
- VIN:
- 1FA6P8CF4H5348120

2017 Ford Mustang
GT Premium Coupe RWD
83,897 mi
$26,660
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Gray (Magnetic Metallic)
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- 6-Speed Automatic
- Mileage:
- 106,946
- Stock #:
- AC1422
- VIN:
- 1FA6P8TH5F5318882

-$601
2015 Ford Mustang
EcoBoost Premium Coupe RWD
106,946 mi
$15,113
$14,512
- Year:
- 2016
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- White
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 65,369
- Stock #:
- 325954
- VIN:
- 1FA6P8TH4G5325954

2016 Ford Mustang
EcoBoost Coupe RWD
65,369 mi
$18,744
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- White
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- CREAM
- Transmission:
- Manual
- Mileage:
- 19,536
- Stock #:
- 70255893
- VIN:
- 1FA6P8RF6F5501908

2015 Ford Mustang
GT 50 Years Limited Edition Coupe RWD
19,536 mi
$38,697
- Year:
- 2016
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Gray (Magnetic Metallic)
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 106,403
- Stock #:
- 219595
- VIN:
- 1FA6P8TH9G5219595

2016 Ford Mustang
EcoBoost Coupe RWD
106,403 mi
$12,884
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Transmission:
- 6-Speed Manual
- Mileage:
- 44,080
- Stock #:
- PSUPERCHARGEDMUSTANG
- VIN:
- 1FA6P8CF4H5259406

Sponsored Listing
2017 Ford Mustang
GT Premium Coupe RWD
44,080 mi
$33,700
CarGurus Analysis: 2016 Ford Mustang
overall

Summary
With 295 currently listed for sale near Louisville, KY and an average price of $16,424, 31.9% of 2016 Ford Mustangs for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2016 Ford Mustang 4.85 / 5 stars and CarGurus experts gave it a 7.5 / 10.
66.4% of 2016 Mustang models on CarGurus are accident free.
Why it stands out
The 2016 Ford Mustang stands out because Ford chose not to treat it as a simple carryover after the car’s 50th anniversary year. Instead, it brought back some old favorites and added new surprises to keep the pony car feeling fresh. Among the notable updates were hood-mounted turn signals that first appeared in ’67, along with new Black Accent and California Special packages.
It also gained the Sync 3 infotainment system just in time for the Mustang’s 51st birthday. Another meaningful change was that the GT Performance package finally became available for the convertible. Together, those updates give the 2016 Mustang a mix of heritage touches and modern convenience that helps it feel distinctive.
Owners also tend to praise the 2016 Ford Mustang for its fun and smooth ride, performance, handling, stylish design, and value compared with similar cars. Some drivers, however, noted missing features like Apple CarPlay, and fuel economy drew mixed reactions on certain models.
Other model years to consider
- Average price: $48,809
- Good/great deal percentage: 44.8%
- User rating: 5 / 5
- Total listings: 306
- Average price: $30,742
- Good/great deal percentage: 39.1%
- User rating: 4.73 / 5
- Total listings: 312
- Average price: $30,131
- Good/great deal percentage: 42.4%
- User rating: 4.71 / 5
- Total listings: 276
This analysis is based on CarGurus' proprietary market data from September 14, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
4.9 Overall rating
Filter by rating
Linda S
Reviewed a 2016 Ford EcoBoost Premium Convertible RWD on Dec 11, 2022
So beautiful, top up or down its a head- turner. Super comfortable to drive around town or on the highway, all good. Ford did a good job on the infotainment, plug and play to use Google maps. The sport mode really gets it while normal mode helps save gas. Best in class cargo means you can fit your stuff no problem. I have the 6 speed stick, notchy and fun all the time. The 4 cylinder turbo engine Ecoboost means the car is way lighter than the GT which makes this really easy to drive and nimble. The brakes are great. At 34,000 and have no issues, very reliable. I love this car. What a delight. They say things dont make your life better but this car proves otherwise!
James and Charla J
Reviewed a 2016 Ford Mustang on Sep 5, 2022
Great handling and sporty, we love Mustangs. They also hold their value really well
Matt C
Reviewed a 2016 Ford Mustang on Jan 20, 2021
The premium is the perfect mix of luxury meets sport. Plenty of options included adds lots of comfort. And this GT is fast with amazing handling and control. My wife can take it to the grocery store without being scared of it and I can drop it in sport mode and tear up the asphalt.
Scott C
Reviewed a 2016 Ford Mustang on Sep 6, 2023
I have a very well equipped Ecoboost Premium. The car rides exceptionally well. The 4 cyl has plenty of power and pulls close to 30 MPG on the highway. The car is a joy to drive and is my 5th Mustang. Having owned some older generations, this is the best one yet. Lots of creature comforts in this model and a nice mix of retro and new.
Compare 2016 Ford Mustang Trims in Louisville, KY
The 2016 Ford Mustang offers a range of trims from budget-friendly options to powerful V8 models, catering to various driving preferences and budgets.
- Starting at $16,265
- Best MPG/MPGe: 22 city / 31 hwy
- Most Popular: GT Premium Coupe RWD
Trim Overview
Prices updated weekly from CarGurus listings.
| V6 Coupe RWD | EcoBoost Coupe RWD | EcoBoost Premium Coupe RWD | V6 Convertible RWD | GT Coupe RWD | EcoBoost Premium Convertible RWD | GT Premium Coupe RWD (Most Popular) | GT Premium Convertible RWD | |
|---|---|---|---|---|---|---|---|---|
| Starting MSRP | $24,145 | $25,645 | $29,645 | $29,645 | $32,395 | $35,145 | $36,395 | $41,895 |
| Avg. Market Price | $17,837 | $16,900 | $17,837 | $17,837 | $17,837 | $16,265 | $23,488 | $17,837 |
| Positioning | Best value | Standard | Standard | Standard | Standard | Standard | Standard | Fully loaded |
| Standout Features | Bluetooth, Navigation System, Leather Seats | Backup Camera, Heated Seats, CarPlay | Bluetooth, Leather Seats, Navigation System | Bluetooth, Remote Start, Parking Sensors | Bluetooth, Navigation System, Remote Start | Heated Seats, Multi Zone Climate Control, Navigation System | Bluetooth, Navigation System, Heated Seats | Heated Seats, Adaptive Cruise Control, Navigation System |
| Drivetrain | RWD | RWD | RWD | RWD | RWD | RWD | RWD | RWD |
| Listings Available | 48 | 123 | 80 | 23 | 207 | 159 | 261 | 113 |
Quick Compare Table
Listing prices sourced from CarGurus — updated weekly. OEM specs from manufacturer data.
| V6 Coupe RWD | EcoBoost Coupe RWD | EcoBoost Premium Coupe RWD | V6 Convertible RWD | GT Coupe RWD | EcoBoost Premium Convertible RWD | GT Premium Coupe RWD | GT Premium Convertible RWD | |
|---|---|---|---|---|---|---|---|---|
| AI Summary | Best value for a sporty coupe | Most fuel-efficient option available | Premium features with good efficiency | Convertible option with V6 power | Powerful V8 performance | Affordable convertible with great features | Top-tier performance and features | Fully loaded with luxury features |
| Avg. Market Price | $17,837 | $16,900 | $17,837 | $17,837 | $17,837 | $16,265 | $23,488 | $17,837 |
| MSRP | $24,145 | $25,645 | $29,645 | $29,645 | $32,395 | $35,145 | $36,395 | $41,895 |
| Engine | 3.7L 300 hp V6 | 2.3L 310 hp I4 | 2.3L 310 hp I4 | 3.7L 300 hp V6 | 5.0L 435 hp V8 | 2.3L 310 hp I4 | 5.0L 435 hp V8 | 5.0L 435 hp V8 |
| Drivetrain | RWD | RWD | RWD | RWD | RWD | RWD | RWD | RWD |
| MPG/MPGe (City/Hwy) | 17/28 | 22/31 | 22/31 | 17/28 | 15/25 | 22/31 | 15/25 | 15/25 |
| Bluetooth | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Backup Camera | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Leather Seats | ✓ | — | ✓ | — | — | ✓ | ✓ | ✓ |
| Remote Start | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | — | ✓ |
| Navigation System | ✓ | ✓ | ✓ | — | ✓ | ✓ | ✓ | ✓ |
| Blind Spot Monitoring | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Parking Sensors | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| CarPlay | — | ✓ | ✓ | — | ✓ | ✓ | ✓ | ✓ |
| Android Auto | — | ✓ | ✓ | — | ✓ | ✓ | ✓ | ✓ |
| Heated Seats | — | ✓ | ✓ | — | — | ✓ | ✓ | ✓ |
| Multi Zone Climate Control | — | — | — | — | — | ✓ | — | — |
| Adaptive Cruise Control | — | — | — | — | — | — | — | ✓ |
| Active Listings | 48 | 123 | 80 | 23 | 207 | 159 | 261 | 113 |
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 and feel without the higher price of a performance model.
- Avg. market price: $17,837 (updated weekly)
- MPG/MPGe: 17 city / 28 hwy
- Inventory: 48 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: $16,900 (updated weekly)
- MPG/MPGe: 22 city / 31 hwy
- Inventory: 123 listings — widest selection in the lineup
- 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 V8 price tag.
- Avg. market price: $17,837 (updated weekly)
- MPG/MPGe: 22 city / 31 hwy
- Inventory: 80 listings
- View EcoBoost Premium Coupe RWD listings
V6 Convertible RWD — "Who It's For"
The V6 Convertible is the pick for shoppers who want the thrill of open-air driving without the higher costs of a performance model.
- Avg. market price: $17,837 (updated weekly)
- MPG/MPGe: 17 city / 28 hwy
- Inventory: 23 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 stepping up to the fully loaded trims.
- Avg. market price: $17,837 (updated weekly)
- MPG/MPGe: 15 city / 25 hwy
- Inventory: 207 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 drop-top with modern tech features at an accessible price.
- Avg. market price: $16,265 (updated weekly)
- MPG/MPGe: 22 city / 31 hwy
- Inventory: 159 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 the ultimate Mustang experience with top performance and luxury features.
- Avg. market price: $23,488 (updated weekly)
- MPG/MPGe: 15 city / 25 hwy
- Inventory: 261 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 a fully loaded convertible with powerful performance and luxury features.
- Avg. market price: $17,837 (updated weekly)
- MPG/MPGe: 15 city / 25 hwy
- Inventory: 113 listings — widest selection in the lineup
- View GT Premium Convertible RWD listings
Trim Recommendations
Most Popular — GT Premium Coupe RWD
With 261 active listings, the GT Premium Coupe RWD is the clear volume leader in the lineup.
Browse GT Premium Coupe RWD listings
Best Budget Option — EcoBoost Premium Convertible RWD
At $16,265 avg market price — below the lineup median of $17,837 — it's the most accessible entry point.
Browse EcoBoost Premium Convertible RWD listings
Best for Fuel Economy — EcoBoost Coupe RWD
The EcoBoost Coupe RWD offers the best fuel economy in the lineup at 22/31 MPG.
Browse EcoBoost Coupe RWD listings
These recommendations are based on CarGurus' proprietary market data from September 12, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
2016 Ford Mustang Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2016 Ford Mustang prices has changed over time.
See more price trends2016 Ford Mustang Pricing Analysis: Louisville, KY Market Report
Pricing by Nearby Locations
Market Area: Louisville, KY
Key Insights
- Highest Prices in Jasper and Owensboro: Both cities command an average price of $39,900, indicating strong demand or limited supply in these areas.
- Lowest Price in London: The average price here is $13,995, suggesting a more price-sensitive market or higher inventory turnover.
- Price Variation Across Cities: Cities like Columbus, IN ($20,266) and Cincinnati, OH ($19,507) show significantly lower prices, likely due to higher inventory levels and competition.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Jasper, IN | 281 | $39,900 |
| Owensboro, KY | 276 | $39,900 |
| Bloomington, IN | 289 | $25,419 |
| Lexington, KY | 305 | $23,334 |
| Bowling Green, KY | 293 | $23,530 |
| Indianapolis, IN | 292 | $20,461 |
| Columbus, IN | 290 | $20,266 |
| Evansville, IN | 271 | $39,900 |
| London, KY | 293 | $13,995 |
| Cincinnati, OH | 293 | $19,507 |
Pricing by Trim Packages
Key Insights
- GT Premium Coupe RWD is Most Common: With 262 listings, this trim reflects strong demand and serves as a benchmark for pricing.
- Premium Trims Command Higher Prices: The GT Premium Convertible RWD has the highest MSRP at $41,895, indicating a significant markup for luxury features.
- EcoBoost Trims Offer Value: The EcoBoost Coupe RWD at $25,645 MSRP provides a more affordable option while still maintaining desirable features.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| GT Premium Coupe RWD | 262 | $36,395 | RWD | 5.0L 435 hp V8 |
| EcoBoost Premium Convertible RWD | 157 | $35,145 | RWD | 2.3L 310 hp I4 |
| GT Coupe RWD | 204 | $32,395 | RWD | 5.0L 435 hp V8 |
| EcoBoost Coupe RWD | 126 | $25,645 | RWD | 2.3L 310 hp I4 |
| V6 Coupe RWD | 49 | $24,145 | RWD | 3.7L 300 hp V6 |
| V6 Convertible RWD | 23 | $29,645 | RWD | 3.7L 300 hp V6 |
| EcoBoost Premium Coupe RWD | 80 | $29,645 | RWD | 2.3L 310 hp I4 |
| GT Premium Convertible RWD | 112 | $41,895 | RWD | 5.0L 435 hp V8 |
Pricing Analysis by Model Year
Key Insights
- New Models at a Premium: The 2026 Ford Mustang is priced at $41,593, which is 27.5% above MSRP, indicating strong demand for the latest model.
- Depreciation Trends: Older models, particularly the 2019 Ford Mustang, show a significant drop in value, priced at -30.5% vs MSRP.
- Best Value in Recent Years: The 2021 Ford Mustang is priced at $28,319, only -2.5% below MSRP, making it a compelling option for buyers seeking value.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 Ford Mustang | $32,640 | $41,593 | +27.5% |
| 2025 Ford Mustang | $31,920 | $49,813 | +55.9% |
| 2024 Ford Mustang | $30,920 | $38,383 | +24.1% |
| 2022 Ford Mustang | $27,470 | $32,503 | +18.3% |
| 2021 Ford Mustang | $27,205 | $28,319 | -2.5% |
| 2020 Ford Mustang | $26,670 | $32,313 | +21.3% |
| 2019 Ford Mustang | $26,395 | $34,411 | -30.5% |
| 2018 Ford Mustang | $25,680 | $27,536 | +7.2% |
| 2017 Ford Mustang | $25,185 | $25,735 | +2.2% |
| 2015 Ford Mustang | $23,800 | $26,163 | +10.0% |
| 2014 Ford Mustang | $22,510 | $27,495 | +22.1% |
These recommendations are based on CarGurus' proprietary market data from September 10, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
How much does the 2016 Ford Mustang cost?
| Metric | Value |
|---|---|
| Current Average Price | $19,468 |
| Year-Round Low | $18,414 |
| Year-Round High | $20,342 |
| Average Price a Year Ago | $20,341 |
| Change vs. Last Year | −4.29% |
Prices have softened 4.29% compared to this time last year, making it a favorable time to shop this model year.
There are 1,802 listings available, which suggests you should have a workable selection 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. For you, that means this Mustang fits especially well if you want a sporty car that still feels approachable day to day. The overview also points to heritage touches and modern convenience, so you get a mix of classic Mustang character and newer tech.
With 30.9% of listings marked as good or great deals, there is some room to shop selectively.
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 many drivers enjoy for the long haul, with praise centered on its fun, smooth ride and overall value. The expert notes also frame it as a car that keeps the Mustang formula fresh without losing its core appeal, which supports the idea that it can be a satisfying ownership choice if you buy a well-kept example. Ford also includes a strong safety and convenience package on higher trims, which can make daily use feel more reassuring.
For used buyers, the main long-term risk is less about the model’s appeal and more about how the individual car was treated, especially if it has been modified or driven hard.
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 on cars with performance packages or visible modifications. Focus on body condition, signs of prior repair, and whether the car’s equipment matches the trim and options advertised. If you are comparing multiple listings, the cleanest example is often worth paying a bit more for.
Key things to evaluate:
- Trim level: The base car comes with 17-inch alloys, automatic xenon headlights, LED taillights, keyless entry and ignition, a tilt-and-telescoping steering wheel, and MyKey, while higher trims add features like power front seats, leather upholstery, heated and ventilated seats, ambient lighting, and Sync 3.
- Powertrain: You can shop V6, turbocharged 4-cylinder, and V8 versions, with the V8 delivering the strongest performance and the EcoBoost offering the best efficiency among the performance-oriented choices.
- Safety package: Premium Mustangs can add adaptive cruise control, blind-spot monitoring with cross-traffic alert, and forward-collision warning, while all Mustangs can add optional front and rear parking sensors.
- Infotainment: Sync 3 appears on the EcoBoost Premium, with an 8-inch touchscreen and a 9-speaker setup; the system is quicker than the old interface, but Apple CarPlay is not mentioned here.
- Fuel efficiency: The V6 is rated at 17 mpg city/28 highway/21 combined with the manual and 22 combined with the automatic, while the EcoBoost returns 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 most affordable way into the Mustang and still gives you a strong standard feature set, including the core convenience and lighting equipment. It makes sense if you want the Mustang look and feel without chasing extra performance or luxury features.
- EcoBoost: This is the best-value trim if you want more power and a more modern driving feel without jumping all the way to V8 pricing. It adds power front seats, unique wheels, a rear spoiler, LED fog lights, and can be paired with a Performance Package that meaningfully sharpens the car.
- EcoBoost Premium: This is the trim to target if you want the most balanced mix of tech and comfort. It adds Sync 3, leather, heated and ventilated seats, dual-zone climate control, and other upscale touches that make daily use easier.
- GT: Choose this if you want the V8 experience and are willing to give up some premium features to get it. It brings the bigger engine, bigger brakes, and available line-lock and launch control, making it the enthusiast’s pick.
- GT Premium: This is the most complete Mustang in the lineup and the best choice if you want V8 power without giving up the nicer cabin and convenience features. It is also the trim that supports the California Special package.
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 stay patient.
- Deal availability: 30.9% of listings are priced as good or great deals.
- Inventory: There are 1,802 listings available.
- Price trend: Prices have softened 4.29% compared with last year.
- Clean inventory: 55.4% 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 $19,468 sits slightly below last year's $20,341.
That decline suggests the market has softened, which can work against you if you are planning to sell soon. If you buy now, you should expect depreciation to remain a factor, especially if the car has been modified. On the other hand, a cleaner, well-kept Mustang with desirable equipment should still be easier to move than a rougher example.
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 help support that result. Premium Mustangs can add adaptive cruise control, blind-spot monitoring with cross-traffic alert, and forward-collision warning, while all Mustangs can add optional front and rear parking sensors. That gives you a solid safety foundation, especially if you choose a better-equipped trim.
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:
- 30.9% 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 4.29% compared with last year.
- Owners rate it 4.85/5 — a strong satisfaction signal.
- It adds hood-mounted turn signals, Black Accent and California Special packages, and Sync 3, which help it feel fresher than a simple carryover.
Consider the 2015 if:
- At $20,141, the 2015 costs more than the current year's $19,468 average.
- It was a redesigned anniversary-year Mustang with a clear step forward in dynamics and technology.
The bottom line: If you want the better value and the fresher feature mix, the 2016 is the smarter default choice. If you are price-sensitive and find a cleaner 2015 with the right equipment, that earlier redesign still makes sense as a fallback.
These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
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