Used 2020 Ford Mustang for Sale nearMemphis, TN

Compare 2020 Ford Mustang Trims in Memphis, TN

The 2020 Ford Mustang offers a range of trims from budget-friendly EcoBoost models to powerful GT variants, all with RWD.

• Starting at $15,988
• 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: $15,988 (updated weekly)
• MPG/MPGe: 21 city / 30 hwy
• Inventory: 113 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 choice for those seeking added luxury features without stepping up to the GT.

• Avg. market price: $15,988 (updated weekly)
• MPG/MPGe: 21 city / 30 hwy
• Inventory: 80 listings
• View EcoBoost Premium Coupe RWD listings

EcoBoost Convertible RWD — "Who It's For"

The EcoBoost Convertible is ideal for shoppers who want a stylish drop-top experience at a reasonable price.

• Avg. market price: $15,988 (updated weekly)
• MPG/MPGe: 20 city / 28 hwy
• Inventory: 32 listings
• View EcoBoost Convertible RWD listings

GT Coupe RWD — "Who It's For"

The GT Coupe is perfect for those who crave V8 power and performance without going for the top-tier trims.

• Avg. market price: $15,988 (updated weekly)
• MPG/MPGe: 15 city / 24 hwy
• Inventory: 201 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 buyers wanting a luxury convertible experience without the V8 price tag.

• Avg. market price: $15,988 (updated weekly)
• MPG/MPGe: 20 city / 28 hwy
• Inventory: 151 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 those who want the best features and performance in the Mustang lineup.

• Avg. market price: $15,988 (updated weekly)
• MPG/MPGe: 15 city / 24 hwy
• Inventory: 242 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 shoppers who desire a high-performance convertible with luxury features.

• Avg. market price: $15,988 (updated weekly)
• MPG/MPGe: 15 city / 24 hwy
• Inventory: 86 listings
• View GT Premium Convertible RWD listings

Bullitt Coupe RWD — "Who It's For"

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

• Avg. market price: $15,988 (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 242 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 $15,988 avg market price — below the lineup median of $15,988 — 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 economy at 21/30 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.

How much does the 2020 Ford Mustang cost?

Prices have softened 4.51% compared to this time last year, making it a favorable time to shop this model year.

There are 2,277 listings available, which suggests you have a healthy amount of inventory to compare.

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 overview points to the same strengths: multiple powertrain options, strong value for money, and a personality that still feels relevant. The main trade-offs are limited cargo space and the fact that advanced safety features are not standard. Even so, if you want a style-first performance car that can still work as an everyday choice, this year’s Mustang fits that brief well.

30.1% of listings are priced as good or great deals, so there is still 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 also points to a car people feel good about living with over time, with repeated praise for its fun driving experience and the confidence that comes from the Mustang’s strong performance. The expert review reinforces that sense of dependability by describing the car as a well-rounded performance machine with a broad range of powertrain choices and a composed daily-driving character when equipped appropriately. The cost-effectiveness discussion also frames the car as a strong value proposition, which can matter when you are planning for long-term ownership.

For used buyers, the main long-term risk is less about outright durability and more about choosing a well-kept example with the right equipment and maintenance history.

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

At 69.3% 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-oriented equipment or optional safety tech. Focus on overall condition, signs of hard use, and whether the car has been modified or tracked. If you are comparing multiple listings, the cleanest example with the best documentation is usually the safer buy.

Key things to evaluate:

• Trim level: The Bullitt stands out with its Dark Highland Green or Shadow Black finish, 19-inch aluminum wheels, serialized plaque, green stitching, and white cue-ball shifter knob, while the base GT Performance Package adds structural bracing, improved engine cooling, a Torsen limited-slip rear differential, modified steering and suspension tuning, Brembo brakes, and performance tires. The Bullitt’s understated appearance and the GT Performance Package’s hardware make them appealing if you want a more focused Mustang, but the base car’s lack of semi-autonomous safety features is worth noting.
• Powertrain: The lineup spans a 310-horsepower turbocharged 2.3-liter four-cylinder, a 460-horsepower 5.0-liter V8, a 526-horsepower 5.2-liter V8 in the Shelby GT350 and GT350R, and a 760-horsepower supercharged 5.2-liter V8 in the Shelby GT500. The Bullitt uses a 5.0-liter V8 with added output and a six-speed manual, and the performance content emphasizes that the car can feel raw, responsive, and engaging.
• Safety package: Standard equipment includes a reversing camera, MyKey, and 911 Assist, while blind-spot warning and rear cross-traffic warning are available with the Electronics Package. The safety content also notes that advanced driver-assistance features are otherwise sparse.
• Infotainment: The car uses a 12-inch digital instrumentation cluster and Sync 3 with an 8-inch touchscreen. It supports Android Auto and Apple CarPlay, and the available 12-speaker Bang & Olufsen sound system is a plus, though the system’s age shows in slower response.
• Fuel efficiency: The four-cylinder EcoBoost Mustang returns 21 mpg city, 31 highway, 25 combined, while the Bullitt is rated 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 choice if you want the most character-rich version described here. It adds the special-edition styling, unique interior details, and a stronger V8 tune, while the six-speed manual and active exhaust give it the most enthusiast-focused personality in the review. It suits you best if you care more about feel, sound, and heritage than everyday practicality.

The safety package note is simple: blind-spot warning and rear cross-traffic warning are available only with the Electronics Package.

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: 30.1% of listings are priced as good or great deals.
• Inventory: There are 2,277 listings available.
• Price trend: Prices have softened 4.51% compared with last year.
• Clean inventory: 69.3% of listings are accident-free.

If you find a listing below $25,012, 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 $26,399 sits slightly below last year's $27,644.

That softer pricing suggests the market has already adjusted downward, which can help you buy at a more favorable entry point. For a future seller, that also means resale value may depend more heavily on condition, mileage, and equipment than on broad market momentum. Well-kept examples with desirable performance features should hold attention better than rougher or less-equipped cars.

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?

The 2020 Ford Mustang gets Good ratings in most IIHS crashworthiness tests, with an Acceptable rating for driver protection in a small overlap frontal-impact collision, and it earns five-star ratings in every NHTSA test, including rollover resistance.

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

Standard 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 review also makes clear that semi-autonomous safety features are largely absent, so you should not expect a long list of advanced driver-assistance systems here. The IIHS small-overlap result is the main caveat to keep in mind.

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:

• 30.1% of listings are priced as good or great deals.
• At 69.3% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 4.51% compared with last year.
• Owners rate it 4.73/5 — a strong satisfaction signal.
• Ford’s Bullitt special edition gives this year a nostalgic, enthusiast-focused character.

Consider the 2021 if:

• At $30,903, the 2021 costs more than the current year's $26,399 average.
• Ford added the Mach 1 trim.

The bottom line: If you want the better value and are focused on the classic Mustang experience, the 2020 is the stronger buy. If you are willing to pay more for a newer model year and the added Mach 1 option, the 2021 is worth a look. For most price-sensitive shoppers, the 2020 offers the more compelling balance of character and cost.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.