Used 2016 Ford Mustang for Sale nearNew Orleans, LA
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:
- Red
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Transmission:
- 6-Speed Manual
- Mileage:
- 74,273
- Stock #:
- 244166
- VIN:
- 1FA6P8CF1H5244166

2017 Ford Mustang
GT Premium Coupe RWD
74,273 mi
$27,347
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Black
- Combined gas mileage:
- 25 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Automatic
- Mileage:
- 48,593
- Stock #:
- NEW366912
- VIN:
- 1FATP8UH6F5366912

2015 Ford Mustang
EcoBoost Premium Convertible RWD
48,593 mi
$18,194
- Year:
- 2016
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Race Red
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- 6-Speed Manual
- Mileage:
- 75,164
- Stock #:
- B26244
- VIN:
- 1FA6P8CF5G5327274

2016 Ford Mustang
GT Coupe RWD
75,164 mi
$24,882
- Year:
- 2016
- 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 Automatic
- Mileage:
- 100,721
- Stock #:
- 335554
- VIN:
- 1FA6P8CF7G5335554

-$499
2016 Ford Mustang
GT Premium Coupe RWD
100,721 mi
$22,384
$21,885
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Blue
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Manual
- Mileage:
- 33,243
- Stock #:
- 345323
- VIN:
- 1FA6P8CF3H5345323

2017 Ford Mustang
GT Coupe RWD
33,243 mi
$31,474
- 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:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 70,012
- Stock #:
- 323763AA
- VIN:
- 1FA6P8CF9H5323763

2017 Ford Mustang
GT Premium Coupe RWD
70,012 mi
$26,174
- Year:
- 2016
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Gray (Magnetic)
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- 6-Speed Manual
- Mileage:
- 123,399
- Stock #:
- 228425
- VIN:
- 1FA6P8CF9G5228425

2016 Ford Mustang
GT Premium Coupe RWD
123,399 mi
$21,375
- 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:
- Brown (Beige)
- Transmission:
- 6-Speed Manual
- Mileage:
- 60,724
- Stock #:
- J1487FWL
- VIN:
- 1FA6P8CF7F5316839

2015 Ford Mustang
GT Premium Coupe RWD
60,724 mi
$25,886
- Year:
- 2017
- 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:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 66,565
- Stock #:
- 202270
- VIN:
- 1FA6P8CF6H5202270

2017 Ford Mustang
GT Premium Coupe RWD
66,565 mi
$27,109
- 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:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 53,910
- Stock #:
- 214039
- VIN:
- 1FA6P8CF9H5214039

2017 Ford Mustang
GT Coupe RWD
53,910 mi
$29,129
- 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:
- 68,137
- Stock #:
- 302428
- VIN:
- 1FA6P8CF4F5302428

2015 Ford Mustang
GT Premium Coupe RWD
68,137 mi
$23,842
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Blue
- Combined gas mileage:
- 18 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 102,196
- Stock #:
- 317538
- VIN:
- 1FATP8FF7H5317538

2017 Ford Mustang
GT Premium Convertible RWD
102,196 mi
$21,233
- Year:
- 2016
- 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:
- Manual
- Mileage:
- 76,405
- Stock #:
- 58856
- VIN:
- 1FA6P8CFXG5258856

2016 Ford Mustang
GT Coupe RWD
76,405 mi
$24,471
CarGurus Analysis:
2016 Ford Mustang
With 219 currently listed for sale and an average price of $18,030, 21.0% of 2016 Ford Mustang listings 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.
73.1% of 2016 Ford Mustang listings on CarGurus are accident free.
- Year:
- 2016
- 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:
- 6-Speed Manual
- Mileage:
- 53,788
- Stock #:
- 7337
- VIN:
- 1FA6P8CF6G5232318

2016 Ford Mustang
GT Premium Coupe RWD
53,788 mi
$28,140
- Year:
- 2016
- 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:
- 81,937
- Stock #:
- 2628
- VIN:
- 1FA6P8CF9G5211964

2016 Ford Mustang
GT Premium Coupe RWD
81,937 mi
$26,979
- Year:
- 2016
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Orange
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 34,035
- Stock #:
- 14762
- VIN:
- 1FA6P8CFXG5278119

2016 Ford Mustang
GT Premium Coupe RWD
34,035 mi
$30,521
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Black
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Transmission:
- 6-Speed Automatic
- Mileage:
- 99,600
- Stock #:
- 231289
- VIN:
- 1FATP8UH3H5231289

-$901
2017 Ford Mustang
EcoBoost Premium Convertible RWD
99,600 mi
$15,772
$14,871
- 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:
- 150,000
- Stock #:
- P21112A
- VIN:
- 1FA6P8THXF5341770

2015 Ford Mustang
EcoBoost Coupe RWD
150,000 mi
$10,423
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Blue
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 133,759
- Stock #:
- 12589
- VIN:
- 1FA6P8CF8H5309207

2017 Ford Mustang
GT Coupe RWD
133,759 mi
$19,411
- Year:
- 2016
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Gray (Magnetic)
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 84,568
- Stock #:
- P296425
- VIN:
- 1FATP8UH4G5296425

2016 Ford Mustang
EcoBoost Premium Convertible RWD
84,568 mi
$16,155
- Year:
- 2017
- 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:
- 25 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 110,271
- Stock #:
- 322321L
- VIN:
- 1FA6P8TH3H5322321

2017 Ford Mustang
EcoBoost Premium Coupe RWD
110,271 mi
$14,519
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Gray (Magnetic Metallic)
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Automatic
- Mileage:
- 113,603
- Stock #:
- BW4475
- VIN:
- 1FA6P8CF0H5265817

2017 Ford Mustang
GT Coupe RWD
113,603 mi
$21,329
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Wimbledon White
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Cashmere
- Transmission:
- Manual
- Mileage:
- 101,791
- Stock #:
- 17059
- VIN:
- 1FA6P8RFXF5501698

-$1,000
2015 Ford Mustang
GT 50 Years Limited Edition Coupe RWD
101,791 mi
$24,467
$23,466
CarGurus Analysis: 2016 Ford Mustang
overall

Summary
With 219 currently listed for sale and an average price of $18,030, 21.0% of 2016 Ford Mustang listings 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.
73.1% of 2016 Ford Mustang listings on CarGurus are accident free.
Why it stands out
The 2016 Ford Mustang stands out because Ford treated it as more than a simple carryover after the car’s 50th anniversary year. According to the test-drive summary, it brought back some old favorites and added new surprises to keep the pony car fresh, including hood-mounted turn signals that first appeared in ’67, new Black Accent and California Special packages, and the GT Performance package finally becoming available for the convertible.
It also arrived with the Sync 3 infotainment system, which debuted just in time for the Mustang’s 51st birthday. That helps make the 2016 Mustang appealing to buyers who want a classic-looking performance car with updated tech and a broader mix of appearance and performance packages. At the same time, owner feedback suggests the car’s strengths are its fun, smooth ride, performance, handling, and style, while some drivers were disappointed by the lack of Apple CarPlay and had mixed feelings about fuel economy on certain models.
Other model years to consider
- 2023 Ford Mustang
- Average price: $24,991
- Good/great deal percentage: 29.8%
- User rating: 5 / 5
- Total listings: 272
- 2021 Ford Mustang
- Average price: $25,065
- Good/great deal percentage: 28.7%
- User rating: 4.71 / 5
- Total listings: 265
- 2020 Ford Mustang
- Average price: $18,795
- Good/great deal percentage: 23.6%
- User rating: 4.73 / 5
- Total listings: 267
Similar models to consider
- 2016 Chevrolet Camaro
- Average price: $15,900
- Good/great deal percentage: 22.0%
- User rating: 4.38 / 5
- Total listings: 164
- 2016 Dodge Challenger
- Average price: $12,805
- Good/great deal percentage: 17.2%
- User rating: 4.76 / 5
- Total listings: 134
- 2016 Nissan 370Z
- Average price: $19,844
- Good/great deal percentage: 25.0%
- User rating: 4.8 / 5
- Total listings: 32
This analysis is based on CarGurus' proprietary market data from October 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.
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 New Orleans, LA
The 2016 Ford Mustang offers a range of trims from budget-friendly options to high-performance models, all featuring RWD.
- Starting at $16,990
- 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 | $18,030 | $18,030 | $18,030 | $18,030 | $16,990 | $18,030 | $21,490 | $18,030 |
| Positioning | Best value | Standard | Standard | Standard | Standard | Standard | Standard | Fully loaded |
| Standout Features | Bluetooth, Backup Camera | Backup Camera, Bluetooth | Backup Camera, Bluetooth | Bluetooth, Backup Camera | Backup Camera, Bluetooth | Backup Camera, Bluetooth | Bluetooth, Backup Camera | Bluetooth, Backup Camera |
| Drivetrain | RWD | RWD | RWD | RWD | RWD | RWD | RWD | RWD |
| Listings Available | 34 | 84 | 62 | 23 | 188 | 115 | 231 | 94 |
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 | Great balance of power and efficiency | Premium features with solid performance | Convertible option with V6 power | Strong performance at a low price | Convertible with premium features | Most popular trim with V8 power | Fully loaded with luxury features |
| Avg. Market Price | $18,030 | $18,030 | $18,030 | $18,030 | $16,990 | $18,030 | $21,490 | $18,030 |
| 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 | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Remote Start | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Leather Seats | ✓ | — | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Parking Sensors | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Navigation System | ✓ | ✓ | ✓ | — | ✓ | ✓ | ✓ | ✓ |
| Blind Spot Monitoring | ✓ | ✓ | ✓ | — | ✓ | ✓ | ✓ | ✓ |
| CarPlay | — | ✓ | ✓ | — | ✓ | ✓ | ✓ | ✓ |
| Android Auto | — | ✓ | ✓ | — | ✓ | ✓ | ✓ | ✓ |
| Heated Seats | — | ✓ | ✓ | ✓ | — | ✓ | ✓ | ✓ |
| Multi Zone Climate Control | — | ✓ | — | — | — | ✓ | — | — |
| Active Listings | 34 | 84 | 62 | 23 | 188 | 115 | 231 | 94 |
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 a performance model.
- Avg. market price: $18,030 (updated weekly)
- MPG/MPGe: 17 city / 28 hwy
- Inventory: 34 listings
- View V6 Coupe RWD listings
EcoBoost Coupe RWD — "Who It's For"
The EcoBoost Coupe is the pick for shoppers who want a blend of performance and fuel efficiency without stepping up to a premium trim.
- Avg. market price: $18,030 (updated weekly)
- MPG/MPGe: 22 city / 31 hwy
- Inventory: 84 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 V8 price tag.
- Avg. market price: $18,030 (updated weekly)
- MPG/MPGe: 22 city / 31 hwy
- Inventory: 62 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 cost of a high-performance model.
- Avg. market price: $18,030 (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 a powerful V8 experience without the premium features of higher trims.
- Avg. market price: $16,990 (updated weekly)
- MPG/MPGe: 15 city / 25 hwy
- Inventory: 188 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 without the V8 price.
- Avg. market price: $18,030 (updated weekly)
- MPG/MPGe: 22 city / 31 hwy
- Inventory: 115 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 luxury features and V8 power.
- Avg. market price: $21,490 (updated weekly)
- MPG/MPGe: 15 city / 25 hwy
- Inventory: 231 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 drop-top experience with V8 performance.
- Avg. market price: $18,030 (updated weekly)
- MPG/MPGe: 15 city / 25 hwy
- Inventory: 94 listings
- View GT Premium Convertible RWD listings
Trim Recommendations
Most Popular — GT Premium Coupe RWD
With 231 active listings, the GT Premium Coupe RWD is the clear volume leader in the lineup.
Browse GT Premium Coupe RWD listings
Best Budget Option — GT Coupe RWD
At $16,990 avg market price — below the lineup median of $18,030 — it's the most accessible entry point.
Best for Fuel Economy — EcoBoost Coupe RWD
The EcoBoost Coupe RWD offers the best fuel economy in the lineup with 22/31 MPG.
Browse EcoBoost Coupe RWD listings
These recommendations are based on CarGurus' proprietary market data from October 8, 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: New Orleans, LA Market Report
Pricing in Nearby Cities
Market Area: New Orleans, LA
Key Insights
- Highest-Price Market: Lafayette, LA leads with an average price of $18,997, indicating a premium market for the Mustang in this area.
- Best Value: Baton Rouge, LA offers the lowest average price at $14,277, presenting a significant opportunity for budget-conscious shoppers.
- Inventory Drives Stability: Biloxi, MS has the most listings at 216, suggesting a robust supply that may help stabilize prices in the region.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Biloxi, MS | 216 | $18,988 |
| Slidell, LA | 214 | $18,030 |
| Mobile, AL | 214 | $16,992 |
| Baton Rouge, LA | 211 | $14,277 |
| Hammond, LA | 210 | $16,779 |
| Houma, LA | 207 | $18,030 |
| Lafayette, LA | 205 | $18,997 |
Pricing by Trim Packages
Key Insights
- Volume Leader: The GT Premium Coupe RWD has the highest inventory with 228 listings, indicating strong demand for this trim.
- Premium Spread: The GT Premium Convertible RWD is priced at $41,895, which is significantly higher than the V6 Coupe RWD at $24,145, highlighting a $17,750 price gap between premium and base trims.
- Drivetrain Effect: All trims listed are RWD, suggesting a consistent drivetrain preference among buyers in this market.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| EcoBoost Premium Convertible RWD | 118 | $35,145 | RWD | 2.3L 310 hp I4 |
| GT Premium Coupe RWD | 228 | $36,395 | RWD | 5.0L 435 hp V8 |
| GT Coupe RWD | 188 | $32,395 | RWD | 5.0L 435 hp V8 |
| GT Premium Convertible RWD | 88 | $41,895 | RWD | 5.0L 435 hp V8 |
| EcoBoost Coupe RWD | 82 | $25,645 | RWD | 2.3L 310 hp I4 |
| V6 Coupe RWD | 37 | $24,145 | RWD | 3.7L 300 hp V6 |
| EcoBoost Premium Coupe RWD | 62 | $29,645 | RWD | 2.3L 310 hp I4 |
| V6 Convertible RWD | 22 | $29,645 | RWD | 3.7L 300 hp V6 |
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2025 model year shows an average price of $40,093, which is 25.6% above its starting MSRP, indicating strong demand for newer models.
- Depreciation Curve: The 2022 model has experienced the steepest depreciation at -31.9%, suggesting that buyers may find better value in slightly older models.
- Best Value Sweet Spot: The 2021 model year averages $25,145, which is a reasonable price point compared to its starting MSRP of $27,205, making it an attractive option for buyers.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2026 | $32,640 | $29,670 | -9.1% |
| 2025 | $31,920 | $40,093 | +25.6% |
| 2024 | $30,920 | $43,428 | +40.5% |
| 2023 | $27,770 | $24,991 | -10.0% |
| 2022 | $27,470 | $18,695 | -31.9% |
| 2021 | $27,205 | $25,145 | -7.6% |
| 2020 | $26,670 | $31,262 | +17.2% |
| 2019 | $26,395 | $23,113 | -12.4% |
| 2018 | $25,680 | $24,788 | -3.5% |
| 2017 | $25,185 | $19,280 | -23.4% |
| 2016 | $24,145 | $18,030 | -25.3% |
These recommendations are based on CarGurus' proprietary market data from October 7, 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 | $18,850 |
| Year-Round Low | $18,381 |
| Year-Round High | $19,971 |
| Average Price a Year Ago | $19,769 |
| Change vs. Last Year | −4.65% |
Prices have softened 4.65% compared to this time last year, making it a favorable time to shop this model year.
There are 1,794 listings available, which gives you a solid pool of options 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, and stylish design. The overview also points to a classic-looking performance car with updated tech and a broader mix of appearance and performance packages, which helps if you want something that feels special without giving up everyday usability.
With 31.6% of listings marked as good or great deals, you have room to shop selectively and still find strong value.
Is the 2016 Ford Mustang reliable?
Owners rate it 4.85/5, a strong signal of long-term satisfaction.
Owner feedback points to a car that feels fun, smooth, and satisfying to live with, and it also highlights value compared with similar cars. The expert review reinforces that this Mustang keeps its composure with confidence-inspiring handling and a more modern chassis setup, which supports the sense that it’s built to be enjoyed over time.
The cost-effectiveness notes also suggest the Mustang remains a strong deal in its class, but used buyers should still pay close attention to maintenance history and how the car was driven, since sports cars can vary a lot from one example to the next.
What should I look for when buying a used 2016 Ford Mustang?
At 54.8% 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 close inspection of bodywork, panel alignment, and signs of prior repair. Because this is a performance car, condition matters as much as mileage, so focus on how the car was maintained, whether it was modified, and whether wear matches the seller’s story.
Key things to evaluate:
- Trim level: The base trim includes 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, unique wheels, leather upholstery, ambient lighting, heated and ventilated seats, and upgraded audio.
- Powertrain: You can choose from a V6, a turbocharged 2.3-liter four-cylinder, or a V8, with the V8 delivering the strongest performance and the turbo four offering the best balance of power and efficiency.
- Safety package: The standard safety suite 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 tech upgrade, and higher trims bring an 8-inch touchscreen, a 9-speaker setup, and a larger screen; the system is quicker than the old setup, but some owners still wanted Apple CarPlay.
- Fuel efficiency: The V6 returns 17 mpg city/28 highway/21 combined with the manual and 22 combined with the automatic, while the turbo four is rated at 22/31/26 with the manual or 21/32/25 with the automatic.
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 entry point, and it still comes well equipped with 17-inch alloys, automatic xenon headlights, LED taillights, keyless entry and ignition, and MyKey. It suits you if you want the Mustang look and feel without chasing the pricier performance and luxury extras.
- EcoBoost: This trim adds the turbocharged 2.3-liter engine, power front seats, unique 18-inch alloys, a rear spoiler, and LED fog lights. It’s the best-value pick if you want stronger efficiency and a more modern powertrain without moving too far up the price ladder.
- EcoBoost Premium: This is the sweet spot if you want the most complete mix of tech and comfort, with Sync 3, an 8-inch touchscreen, ambient lighting, leather upholstery, heated and ventilated seats, heated mirrors, dual-zone climate control, and more.
- GT: Choose this if V8 power is your priority. It adds the Coyote V8, bigger brakes, and available performance hardware, making it the right fit if you care most about straight-line speed and classic Mustang character.
- GT Premium: This is the most complete V8 choice, restoring the premium comfort and tech features while keeping the V8 performance. It’s the trim to target if you want the strongest all-around Mustang experience.
Safety content also notes that Premium Mustangs can 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 is a moderate, selective buyer’s market, so you can shop with some leverage if you’re patient.
- Deal availability: 31.6% of listings are priced as good or great deals.
- Inventory: There are 1,794 listings available.
- Price trend: Prices have softened 4.65% compared with last year.
- Clean inventory: 54.8% of listings are accident-free.
If you find a listing below $18,381, 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 $18,850 sits slightly below last year's $19,769.
That decline suggests the market has already adjusted downward, which can be good for you as a buyer but less favorable if you’re thinking about future trade-in value. If you plan to sell later, the biggest factor will be how well the car is kept and whether it stays close to stock condition.
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.
The 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, while all Mustangs can add 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:
- 31.6% of listings are priced as good or great deals.
- At 54.8% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
- Price trend: Prices have softened 4.65% compared with last year.
- Owners rate it 4.85/5 — a strong satisfaction signal.
- It adds Sync 3, new appearance packages, and the GT Performance package for the convertible.
Consider the 2015 if:
- At $19,625, the 2015 costs more than the current year's $18,850 average.
- It’s a redesigned anniversary-year Mustang with broad appeal from its major dynamic and tech improvements.
The 2016 is the better primary target if you want the newer feature mix and softer pricing. If you’re price-sensitive, the 2015 can still make sense, but you should expect to pay more for its anniversary-year positioning.
These recommendations are based on CarGurus' proprietary market data from October 13, 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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