Used 2020 Ford Mustang for Sale nearWaco, TX

Compare 2020 Ford Mustang Trims

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

• Starting at $18,617
• Best MPG/MPGe: 21 city / 30 hwy
• Most Popular: EcoBoost Premium Convertible 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 premium trims.

• Avg. market price: $20,395 (updated weekly)
• MPG/MPGe: 21 city / 30 hwy
• Inventory: 828 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 going for a V8.

• Avg. market price: $21,100 (updated weekly)
• MPG/MPGe: 21 city / 30 hwy
• Inventory: 529 listings
• View EcoBoost Premium Coupe RWD listings

EcoBoost Convertible RWD — "Who It's For"

The EcoBoost Convertible is perfect for buyers wanting a stylish drop-top experience with solid performance features.

• Avg. market price: $20,830 (updated weekly)
• MPG/MPGe: 20 city / 28 hwy
• Inventory: 213 listings
• View EcoBoost Convertible RWD listings

GT Coupe RWD — "Who It's For"

The GT Coupe is for those who crave the raw power of a V8 while still enjoying the classic Mustang styling.

• Avg. market price: $32,136 (updated weekly)
• MPG/MPGe: 15 city / 24 hwy
• Inventory: 1,040 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 choice for shoppers wanting a stylish convertible with premium features at a great price.

• Avg. market price: $18,617 (updated weekly)
• MPG/MPGe: 20 city / 28 hwy
• Inventory: 1,465 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 for buyers who want a high-performance V8 with luxury features for a more refined driving experience.

• Avg. market price: $35,950 (updated weekly)
• MPG/MPGe: 15 city / 24 hwy
• Inventory: 1,339 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 desire a powerful V8 experience combined with luxury and open-air driving.

• Avg. market price: $31,411 (updated weekly)
• MPG/MPGe: 15 city / 24 hwy
• Inventory: 831 listings
• View GT Premium Convertible RWD listings

Bullitt Coupe RWD — "Who It's For"

The Bullitt Coupe is for enthusiasts seeking a fully loaded, high-performance Mustang with unique styling and features.

• Avg. market price: $47,521 (updated weekly)
• MPG/MPGe: 14 city / 23 hwy
• Inventory: 63 listings — lower availability; may limit negotiating room
• View Bullitt Coupe RWD listings

Trim Recommendations

Most Popular — EcoBoost Premium Convertible RWD

With 1,465 active listings, the EcoBoost Premium Convertible RWD is the clear volume leader in the lineup.

Browse EcoBoost Premium Convertible RWD listings

Best Budget Option — EcoBoost Premium Convertible RWD

At $18,617 avg market price — below the lineup median of $26,255 — it's the most accessible entry point.

Browse EcoBoost Premium Convertible RWD listings

Best for Fuel Economy — EcoBoost Coupe RWD

The EcoBoost Coupe RWD offers the best fuel efficiency in the lineup with 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 4.58% compared to this time last year, making it a favorable time to shop this model year.

There are 2,261 listings available, which suggests you have a solid amount of inventory to compare.

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, stylish looks, and the comfort of the seats. The review summary also points to strong performance from different engine options, which reinforces the car’s broad appeal.

The main trade-offs are that it lacks certain safety features and some shoppers may find the price a bit high. The overview also frames it as a style-first performance car that prioritizes driving enjoyment over practicality.

With 30.5% of listings marked as good or great deals, there is still room to shop selectively.

Is the 2020 Ford Mustang reliable?

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

The review summary points to a car that owners enjoy for its fun driving experience and the confidence that comes from its different engine choices. That kind of feedback often lines up with a vehicle people feel good about keeping for the long haul.

The expert driving notes also emphasize a composed, compliant character in daily use, which supports the sense that it can be lived with beyond weekend drives. For used buyers, the main long-term ownership risk is less about outright durability signals here and more about finding a well-kept example with the right 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 you are considering a car with performance equipment or optional safety tech. Focus on condition, prior repairs, and whether the car has been modified or driven hard.

Key things to evaluate:

• Trim level: The Bullitt stands out with its Dark Highland Green look, unique interior details, and a more distinctive appearance than the standard GT-based setup. The base-level safety setup is limited, so you should pay close attention to whether the optional blind-spot warning system and rear cross-traffic warning are included.
• 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 models, and a 760-horsepower supercharged 5.2-liter V8 in the GT500. The Bullitt adds 20 horsepower over a Mustang GT and uses a six-speed manual only.
• Safety package: The car includes recalibrated antilock braking, traction control, and stability control as part of the standard GT Performance Package, plus a reversing camera and MyKey. Blind-spot warning and rear cross-traffic warning are available with the optional Electronics Package.
• Infotainment: The car uses a recessed 8-inch touchscreen with Sync 3, Android Auto, Apple CarPlay, and available 12-speaker Bang & Olufsen audio. The system is functional, but its age shows in slower response.
• Fuel efficiency: The four-cylinder EcoBoost Mustang delivers 21 mpg city, 31 highway, 25 combined, while the Bullitt returns 14/23/17.

Which 2020 Ford Mustang trim should I buy?

The 2020 Ford Mustang is offered in 5 trim levels: EcoBoost Fastback, EcoBoost Convertible, Mustang GT, Shelby GT350, and Shelby GT500.

Here's the short version:

• EcoBoost Fastback: This is the entry point if you want the Mustang shape and the broadest everyday appeal at the lowest performance-focused price point. It suits you best if you care more about value and efficiency than V8 power.
• EcoBoost Convertible: Choose this if you want the same turbo-four formula with open-air driving. It is the right pick if style and top-down cruising matter more than outright speed.
• Mustang GT: This is the best-value choice for most shoppers because it brings the 5.0-liter V8 experience without jumping to the most expensive performance tiers. If you want the classic Mustang feel, this is the trim to target.
• Shelby GT350: Pick this if you want a more serious performance setup and track-oriented character. It is the step-up choice for drivers who want more capability than the GT.
• Shelby GT500: This is the top performance trim, with the most extreme output in the lineup. It makes sense if you want maximum power and are willing to pay for it.

The safety setup is limited overall, and advanced driver-assistance 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: 30.5% of listings are priced as good or great deals.
• Inventory: There are 2,261 listings available.
• Price trend: Prices have softened 4.58% 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 $26,570 sits slightly below last year's $27,846.

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 on condition, mileage, and trim desirability than on broad market momentum.

Well-kept examples with sought-after equipment should hold up better than average, especially if they present cleanly and have strong documentation. If you buy carefully now, you improve your odds of preserving value later.

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

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

The standard safety setup includes a reversing camera, MyKey, and opt-in 911 Assist if your phone is paired and connected. 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 should verify whether the car you are considering has the optional driver-assistance equipment you want.

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:

• 30.5% 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 4.58% compared with last year.
• Owners rate it 4.73/5 — a strong satisfaction signal.
• Ford’s summary frames this year as a nostalgic look at the Mustang’s design and performance, highlighted by the Bullitt special edition.

Consider the 2021 if:

• At $31,066, the 2021 costs more than the current year's $26,570 average.
• Ford added the Mach 1 trim.

The bottom line: If you want the better value and are comfortable shopping carefully, the 2020 is the stronger buy. If you are willing to pay more for a newer model-year update and the added Mach 1 trim, the 2021 is the better path. For price-sensitive buyers, the 2020 gives you the more attractive market entry point.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.