Used 2020 Ford Mustang for Sale nearChicago, IL

Compare 2020 Ford Mustang Trims in Chicago, IL

The 2020 Ford Mustang offers a range of trims from budget-friendly EcoBoost models to powerful GT variants, catering to diverse driving preferences.

• Starting at $19,058
• Best MPG/MPGe: 21 city / 30 hwy
• Most Popular: GT Premium Coupe RWD

Trim Overview

Prices updated weekly from CarGurus listings.

Quick Compare Table

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

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Trim Deep Dives

EcoBoost Coupe RWD — "Who It's For"

The EcoBoost Coupe is the pick for shoppers who want a sporty experience without the higher price of the GT.

• Avg. market price: $20,464 (updated weekly)
• MPG/MPGe: 21 city / 30 hwy
• Inventory: 96 listings
• View EcoBoost Coupe RWD listings

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

The EcoBoost Premium Coupe is ideal for those seeking a blend of performance and luxury features without breaking the bank.

• Avg. market price: $19,058 (updated weekly)
• MPG/MPGe: 21 city / 30 hwy
• Inventory: 68 listings
• View EcoBoost Premium Coupe RWD listings

EcoBoost Convertible RWD — "Who It's For"

The EcoBoost Convertible caters to shoppers who desire an open-air driving experience with solid performance.

• Avg. market price: $25,805 (updated weekly)
• MPG/MPGe: 20 city / 28 hwy
• Inventory: 30 listings
• View EcoBoost Convertible RWD listings

GT Coupe RWD — "Who It's For"

The GT Coupe is perfect for enthusiasts who want a powerful V8 engine and a thrilling driving experience.

• Avg. market price: $32,196 (updated weekly)
• MPG/MPGe: 15 city / 24 hwy
• Inventory: 176 listings — widest selection in the lineup
• View GT Coupe RWD listings

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

The EcoBoost Premium Convertible is for those who want a stylish drop-top with premium features at a reasonable price.

• Avg. market price: $21,377 (updated weekly)
• MPG/MPGe: 20 city / 28 hwy
• Inventory: 150 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 choice for buyers seeking a well-rounded performance car with luxury features.

• Avg. market price: $41,823 (updated weekly)
• MPG/MPGe: 15 city / 24 hwy
• Inventory: 267 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 for those who want top-tier performance and luxury in a stylish convertible.

• Avg. market price: $31,372 (updated weekly)
• MPG/MPGe: 15 city / 24 hwy
• Inventory: 113 listings — widest selection in the lineup
• View GT Premium Convertible RWD listings

Bullitt Coupe RWD — "Who It's For"

The Bullitt Coupe is for buyers who want a unique, performance-oriented Mustang with exclusive features.

• Avg. market price: $25,805 (updated weekly)
• MPG/MPGe: 14 city / 23 hwy
• Inventory: 11 listings — lower availability; may limit negotiating room
• View Bullitt Coupe RWD listings

Trim Recommendations

Most Popular — GT Premium Coupe RWD

With 267 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 Coupe RWD

At $19,058 avg market price — below the lineup median of $25,805 — it's the most accessible entry point.

Browse EcoBoost Premium Coupe RWD listings

Best for Fuel Economy — EcoBoost Coupe RWD

The EcoBoost Coupe RWD offers the best fuel efficiency in the lineup at 21/30 MPG.

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 2020 Ford Mustang cost?

Prices have softened 4.71% compared to this time last year, making it a favorable time to shop this model year.

With 2,227 listings available, you have a solid amount of inventory to compare across trims and conditions.

If you find a listing below $25,009.89, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2020 Ford Mustang a good car?

Yes — the 2020 Ford Mustang earns a 4.73/5 user rating and an 8.17/10 expert rating. The model scores 9/10 across Look and feel, Performance, Cost effectiveness, and Technology.

Owners consistently praise its power, fun driving experience, and stylish looks, and many also like the comfort of the seats and the range of engine choices. The expert review reinforces that appeal by framing the car as a nostalgic, performance-focused Mustang with strong value for the money.

The trade-offs are clear: cargo space is limited, and some buyers may find the price a bit high. The overview also points to its role as a transition-point model, which makes it especially appealing if you want a classic pony-car feel while Ford’s lineup is changing around it.

With 26.4% of listings marked as good or great deals, you still have room to shop selectively.

Is the 2020 Ford Mustang reliable?

Owners rate it 4.73/5, a strong signal of long-term satisfaction.

The owner feedback points to a car that feels dependable in daily use, with praise centered on performance that owners feel good about living with over time. The expert review also emphasizes that the Mustang’s character is built around a durable, enthusiast-friendly driving experience rather than novelty.

The review notes that the Bullitt’s six-speed manual and rev-matching setup are part of a package designed for engaged driving, while the broader Mustang lineup includes multiple powertrain choices. For used buyers, the main long-term risk is less about outright durability and more about choosing a well-kept example that hasn’t been abused.

What should I look for when buying a used 2020 Ford Mustang?

At 68.9% 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 body condition, tire wear, brake condition, and signs of track use or poor repair work. Because this model can be bought for performance, condition matters as much as mileage.

Key things to evaluate:

• Trim level: The Bullitt stands out with Dark Highland Green paint, subtle chrome accents, retro 19-inch wheels, unique green stitching, a white cue-ball shifter knob, and a serialized plaque, while the review also notes that some cheap plastic interior pieces are harder to accept at its price.
• Powertrain: The lineup spans a turbocharged 2.3-liter four-cylinder, a 5.0-liter V8, and higher-output V8 variants, with manual, automatic, and dual-clutch transmissions depending on model.
• Safety package: The standard setup includes recalibrated antilock braking, traction control, stability control, a reversing camera, MyKey, and 911 Assist; blind-spot warning and rear cross-traffic warning are part of the optional Electronics Package.
• Infotainment: The car uses a 12-inch digital instrumentation cluster and Sync 3 with an 8-inch touchscreen, Apple CarPlay, Android Auto, and available 12-speaker Bang & Olufsen audio.
• Fuel efficiency: The Bullitt returns 14/23/17 mpg, while the EcoBoost Mustang delivers 21/31/25 mpg and the Shelby GT500 returns 12/18/14 mpg.

Which 2020 Ford Mustang trim should I buy?

The 2020 Ford Mustang is offered in 1 trim level: Bullitt.

Here's the short version:

The Bullitt is the standout choice if you want the most character-rich version of this model year, with its special-edition styling, stronger V8 output, and manual-only setup. It suits you best if you value nostalgia, sound, and driver involvement more than everyday practicality. The expert review also makes clear that it sits in the middle of the lineup on price and performance, which helps explain its appeal as the enthusiast’s sweet spot.

The safety package note to keep in mind is that blind-spot warning and rear cross-traffic warning are optional rather than standard.

Is now a good time to buy a used 2020 Ford Mustang?

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

• Deal availability: 26.4% of listings are priced as good or great deals.
• Inventory: There are 2,227 listings available.
• Price trend: Prices have softened 4.71% compared with last year.
• Clean inventory: 68.9% of listings are accident-free.

If you find a listing below $25,009.89, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2020 Ford Mustang's resale value?

The current average of $26,679 sits slightly below last year's $27,997.

That softer pricing can help you as a buyer now, but it also suggests future sellers may not see rapid appreciation from this model year alone. If you buy well and keep the car in strong condition, you give yourself a better chance of holding value when it is time to sell.

Vehicles with strong owner satisfaction ratings, like this model year's 4.73/5, tend to retain buyer demand, which supports resale value over time.

Is the 2020 Ford Mustang safe?

It gets Good ratings from the IIHS in most crashworthiness tests, with an Acceptable rating for driver protection in a small overlap frontal-impact collision. In NHTSA testing, it earns five-star ratings in every test, including rollover resistance.

It earns a 7/10 safety score from our experts.

The standard safety setup includes antilock braking, traction control, stability control, a reversing camera, MyKey, and 911 Assist. Blind-spot warning and rear cross-traffic warning are available through the optional Electronics Package, so you should not assume those features are included on every used example.

The main caveat is that the car is light on advanced driver-assistance tech overall, so you should not expect the kind of safety suite you might find in a newer mainstream car.

Should I buy a 2020 Ford Mustang or consider a different year?

If you're weighing the 2020 against nearby model years, here's how to think about it:

Choose the 2020 if:

• 26.4% of listings are priced as good or great deals.
• At 68.9% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 4.71% compared with last year.
• Owners rate it 4.73/5 — a strong satisfaction signal.
• The 2020 stands out as a nostalgic transition-point Mustang with Bullitt-specific styling and strong performance value.

Consider the 2021 if:

• At $31,565, the 2021 costs more than the current year's $26,679 average.
• It adds the Mach 1 trim, giving you a broader performance-focused lineup.

The bottom line: If you want the better value and are drawn to the Bullitt’s special-edition character, the 2020 is the smarter buy. If you are willing to spend more for a newer model year with an expanded trim lineup, the 2021 is the better path for shoppers who want more choice.

These recommendations are based on CarGurus' proprietary market data from August 28, 2026, CarGurus experts' opinions, and generative AI.