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 $18,830
• 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 RWD is the pick for shoppers who want a sporty experience without the higher costs of the GT models.

• Avg. market price: $18,830 (updated weekly)
• MPG/MPGe: 21 city / 30 hwy
• Inventory: 87 listings
• View EcoBoost Coupe RWD listings

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

The EcoBoost Premium Coupe RWD is ideal for those seeking a blend of performance and luxury without stepping up to the GT.

• Avg. market price: $19,876 (updated weekly)
• MPG/MPGe: 21 city / 30 hwy
• Inventory: 63 listings
• View EcoBoost Premium Coupe RWD listings

EcoBoost Convertible RWD — "Who It's For"

The EcoBoost Convertible RWD is perfect for buyers wanting an open-air experience with solid fuel efficiency.

• Avg. market price: $25,660 (updated weekly)
• MPG/MPGe: 20 city / 28 hwy
• Inventory: 25 listings
• View EcoBoost Convertible RWD listings

GT Coupe RWD — "Who It's For"

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

• Avg. market price: $35,497 (updated weekly)
• MPG/MPGe: 15 city / 24 hwy
• Inventory: 187 listings — widest selection in the lineup
• View GT Coupe RWD listings

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

The EcoBoost Premium Convertible RWD caters to those wanting luxury features in a stylish convertible.

• Avg. market price: $19,795 (updated weekly)
• MPG/MPGe: 20 city / 28 hwy
• Inventory: 127 listings — widest selection in the lineup
• View EcoBoost Premium Convertible RWD listings

GT Premium Coupe RWD — "Who It's For"

The GT Premium Coupe RWD is the choice for buyers seeking a high-performance vehicle with luxury features.

• Avg. market price: $34,663 (updated weekly)
• MPG/MPGe: 15 city / 24 hwy
• Inventory: 274 listings — widest selection in the lineup
• View GT Premium Coupe RWD listings

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

The GT Premium Convertible RWD is for those who want a powerful convertible with top-tier features.

• Avg. market price: $31,498 (updated weekly)
• MPG/MPGe: 15 city / 24 hwy
• Inventory: 117 listings — widest selection in the lineup
• View GT Premium Convertible RWD listings

Bullitt Coupe RWD — "Who It's For"

The Bullitt Coupe RWD is for buyers looking for a unique, high-performance Mustang with exclusive features.

• Avg. market price: $25,660 (updated weekly)
• MPG/MPGe: 14 city / 23 hwy
• Inventory: 8 listings — lower availability; may limit negotiating room
• View Bullitt Coupe RWD listings

Trim Recommendations

Most Popular — GT Premium Coupe RWD

With 274 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 Coupe RWD

At $18,830 avg market price — below the lineup median of $25,660 — it's the most accessible entry point.

Browse EcoBoost Coupe RWD listings

Best for Fuel Economy — EcoBoost Coupe RWD

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

Browse EcoBoost Coupe RWD listings

These recommendations are based on CarGurus' proprietary market data from October 22, 2026, CarGurus experts' opinions, and generative AI.

How much does the 2020 Ford Mustang cost?

Prices have softened 3.60% compared to this time last year, making it a favorable time to shop this model year.

There are 2,202 listings available, which gives you a solid amount of inventory to compare.

Is the 2020 Ford Mustang a good car?

Yes — the 2020 Ford Mustang earns a 4.7/5 user rating and an 8.2/10 expert rating. The model scores 9/10 across Look and feel, Performance, Cost effectiveness, and Technology.

Owners consistently praise its power, fun driving experience, stylish looks, and seat comfort. The broad range of engine choices also comes through as a major strength, especially if you want a Mustang that fits different performance tastes.

The main trade-offs are limited cargo space and the fact that advanced safety features are not standard. That makes it a better fit if you care more about character, performance, and style than everyday practicality.

The Mustang’s heritage-driven appeal and modern performance focus make it especially compelling if you want a classic pony car feel rather than a crossover alternative. With 31.6% of listings marked as good or great deals, there is still room to shop selectively.

Is the 2020 Ford Mustang reliable?

Owners rate it 4.7/5, a strong signal of long-term satisfaction.

The owner feedback points to a car you can count on for strong performance, enjoyable driving, and a satisfying ownership experience over time. Reviewers also describe it as stylish and comfortable, which helps reinforce its appeal beyond just straight-line speed.

The expert review also emphasizes the Mustang’s durable enthusiast character and its ability to deliver both daily drivability and track-ready capability. That combination suggests a car built to handle repeated use without losing its appeal.

For used buyers, the main long-term ownership risk is that satisfaction can depend heavily on how well the car was maintained and how hard it was driven.

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

At 66.1% 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 condition, maintenance records, and signs of wear that could affect long-term ownership costs.

Key things to evaluate:

• Trim level: The Bullitt stands out with its Dark Highland Green look, subtle chrome accents, retro 19-inch wheels, serialized plaque, unique green stitching, and white cue-ball shifter knob. It also carries a higher price and some cheap interior plastics are harder to overlook at that level.
• Powertrain: The lineup spans a 310-horsepower turbocharged 2.3-liter four-cylinder, a 460-horsepower 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 a reversing camera, MyKey, and 911 Assist, while blind-spot warning and rear cross-traffic warning are available with the optional Electronics Package. Advanced driver-assistance features are otherwise sparse.
• Infotainment: The car uses a recessed 8-inch touchscreen with Sync 3, Android Auto, Apple CarPlay, and an available 12-speaker Bang & Olufsen audio system. The system is functional, but its age shows.
• Fuel efficiency: The four-cylinder EcoBoost returns 21 mpg city, 31 highway, and 25 combined. The Bullitt returns 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 standout choice if you want the Mustang’s nostalgic styling and special-edition character in one package. It adds the most distinctive look and feel in the lineup, along with the performance-focused hardware and manual-transmission personality that define this model year.

The safety package is limited overall, and advanced safety features are not standard.

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

This is a moderate market for selective buyers, so you can shop carefully and still find worthwhile listings.

• Deal availability: 31.6% of listings are priced as good or great deals.
• Inventory: There are 2,202 listings available.
• Price trend: Prices have softened 3.60% compared with last year.
• Clean inventory: 66.1% of listings are accident-free.

If you find a listing below $25,005, 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 $25,621 sits slightly below last year's $26,577.

That softer pricing suggests the market has become a bit more favorable for buyers, but it can also mean future sellers may need to price competitively to move a used Mustang quickly. If you buy well now, you may have a better chance of limiting depreciation pressure later.

The Mustang’s strong enthusiast appeal helps support demand, especially for well-kept examples with desirable equipment. Vehicles with strong owner satisfaction ratings, like this model year's 4.7/5, tend to retain buyer demand, which supports resale value over time.

Is the 2020 Ford Mustang safe?

The Mustang gets good crash-test ratings, for the most part, with a Good rating in most IIHS crashworthiness tests and 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 a reversing camera, MyKey, and 911 Assist, while blind-spot warning and rear cross-traffic warning are available with the optional Electronics Package. Advanced safety features are otherwise limited, so you should not expect a long list of driver-assistance tech.

The main caveat is that the car’s safety equipment is relatively sparse compared with many modern rivals, even though its crash-test results are strong.

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:

• 31.6% of listings are priced as good or great deals.
• At 66.1% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 3.60% compared with last year.
• Owners rate it 4.7/5 — a strong satisfaction signal.
• The 2020 stands out for its nostalgic Bullitt special edition and broad performance appeal.

Consider the 2021 if:

• At $30,519, the 2021 costs more than the current year's $25,621 average.
• It adds the Mach 1 trim and a more modernized lineup.

The bottom line: If you want the better value and a more favorable shopping environment, the 2020 is the smarter starting point. If you are willing to pay more for a newer model year with added trim variety, the 2021 is the better secondary path.

How does the 2020 Ford Mustang compare to the 2020 Chevrolet Camaro?

Expert Pros & Cons (per CarGurus review team)

2020 Ford Mustang:

• Pros: Multiple powertrain options, Fun to drive, Excellent value for money.
• Cons: Not much cargo space, Advanced safety features are not standard.

2020 Chevrolet Camaro:

• Pros: Fun to drive, Multiple powertrain options.
• Cons: Poor ergonomic design, Advanced safety features are not standard.

Our experts score the 2020 Ford Mustang 8.2/10 and the 2020 Chevrolet Camaro 7/10. The Mustang comes across as the more well-rounded choice because it pairs strong value with multiple powertrain options and a more favorable expert score. The Camaro still delivers fun and variety, but its poor ergonomic design makes it the less comfortable everyday pick.

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from October 27, 2026, CarGurus experts' opinions, and generative AI.