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.

Missing data displayed as "—".

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 5.21% compared to this time last year, making it a favorable time to shop this model year.

With 2,286 listings available, you have a solid amount of inventory to compare across trims and conditions.

If you find a listing below $25,010.11, 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 — owners rate it 4.73/5, and the expert rating is 8.17/10. 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 variety of engine choices. The trade-offs are familiar: some reviewers mention that the automatic transmission could be smoother, and the car’s price can feel high to some buyers.

That lines up with the overview, which frames this Mustang as a performance-focused car with strong value and nostalgic appeal, especially if you want something engaging rather than purely practical. The market also looks reasonably accessible, with 30.3% of listings marked as good or great deals.

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 power, fun, and the confidence that comes from a well-liked ownership experience. The expert material also emphasizes that the Mustang Bullitt’s six-speed manual, rev-matching, and compliant damping help it feel composed and consistent when driven hard or used every day.

There is also a maintenance perk in the expert material: the first scheduled maintenance visit is on the house. For used buyers, the main long-term ownership risk is less about outright durability than about how well the car was maintained and whether prior use was gentle or hard-driven.

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

At 68.6% 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 performance packages or visible signs of hard use. Focus on condition details that matter most on a Mustang: brakes, tires, suspension wear, and evidence of modifications or track abuse.

Key things to evaluate:

• Trim level: The Bullitt stands out with Dark Highland Green paint, subtle chrome accents, retro 19-inch wheels, green stitching, a white cue-ball shifter knob, and a serialized plaque, but the base car’s cheap plastic interior pieces can be hard to accept at this price point.
• 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 car includes a reversing camera, MyKey, and 911 Assist, while blind-spot warning and rear cross-traffic warning are available with the Electronics Package.
• Infotainment: The car uses a recessed 8-inch touchscreen with Sync 3, Android Auto, Apple CarPlay, and an available 12-speaker Bang & Olufsen sound system.
• Fuel efficiency: The four-cylinder EcoBoost Mustang delivers 21 mpg city, 31 highway, 25 combined, while the Mustang Bullitt sits at 14/23/17.

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 clear pick if you want the most character-rich version of this model year. It layers on the special-edition styling, the 480-horsepower V8 tune, the six-speed manual, and the active exhaust soundtrack that gives it its signature personality. It also brings the GT-based performance hardware that makes it feel more serious than a standard appearance package, so it suits you best if you want a Mustang that feels collectible and enthusiast-focused.

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 carefully without feeling rushed.

• Deal availability: 30.3% of listings are priced as good or great deals.
• Inventory: There are 2,286 listings available.
• Price trend: Prices have softened 5.21% compared with last year.
• Clean inventory: 68.6% of listings are accident-free.

If you find a listing below $25,010.11, 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 $26,525 sits slightly below last year's $27,982.

That softer pricing suggests the market has already adjusted downward, which can help you buy at a more favorable entry point today. For a future seller, that also means resale value will depend heavily on condition, mileage, and how desirable the specific trim and equipment are when you go to sell.

Because this model year still has strong enthusiast appeal, well-kept examples should remain easier to move than neglected ones. 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 earns Good ratings from IIHS in most crashworthiness tests, with an Acceptable rating for driver protection in a small overlap frontal-impact collision. It also earns five-star ratings in every NHTSA test, including rollover resistance.

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

The safety equipment includes a reversing camera, MyKey, and 911 Assist, while blind-spot warning and rear cross-traffic warning are available with the optional Electronics Package. The main caveat is that advanced safety features are not standard, so you need to check the equipment list carefully on any used example.

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:

• 30.3% of listings are priced as good or great deals.
• At 68.6% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 5.21% compared with last year.
• Owners rate it 4.73/5 — a strong satisfaction signal.
• Ford’s Bullitt special edition gives this year a nostalgic, performance-focused identity.

Consider the 2021 if:

• At $31,519, the 2021 costs more than the current year's $26,525 average.
• Ford added a new Mach 1 trim.

The bottom line: If you want the better value and a more favorable market, the 2020 is the smarter buy. If you’re willing to pay more for a newer model year with an expanded trim lineup, the 2021 is the better path.

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