Used 2022 Ford Mustang for Sale nearChicago, IL
Shop with transparent pricing.
Only show listings that include dealer fees- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Shadow Black
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Manual
- Mileage:
- 25,111
- Stock #:
- LV745
- VIN:
- 1FA6P8CF2N5145920
Sponsored by Guaranteed Motor Cars - Lake Villa
2022 Ford Mustang
GT Fastback RWD
25,111 mi
$38,378
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Gray Metallic
- Combined gas mileage:
- 25 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- 6-Speed Manual
- Mileage:
- 33,388
- Stock #:
- T109358
- VIN:
- 1FA6P8TH8N5109358
Sponsored Listing
2022 Ford Mustang
EcoBoost Premium Fastback RWD
33,388 mi
$25,373
- Year:
- 2021
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 460 hp 5L V8
- Exterior color:
- Oxford White
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 73,047
- Stock #:
- 4536
- VIN:
- 1FA6P8CF3M5135492
Sponsored Listing
2021 Ford Mustang
GT Premium Coupe RWD
73,047 mi
$32,388
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Silver Metallic
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 78,965
- Stock #:
- NC3728A
- VIN:
- 1FATP8UH0N5120470
2022 Ford Mustang
EcoBoost Premium Convertible RWD
78,965 mi
$18,390
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Shadow Black
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony W/Red Stitch)
- Transmission:
- Automatic
- Mileage:
- 19,859
- Stock #:
- U00573
- VIN:
- 1FATP8FF6N5143439
2022 Ford Mustang
GT Premium Convertible RWD
19,859 mi
$38,171
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Red Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 34,491
- Stock #:
- H33273B
- VIN:
- 1FA6P8TH3N5140792
2022 Ford Mustang
EcoBoost Fastback RWD
34,491 mi
$22,780
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Shadow Black
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony W/Metal Gray Stitch)
- Transmission:
- Automatic
- Mileage:
- 42,633
- Stock #:
- D260159A
- VIN:
- 1FATP8FF6N5116855
2022 Ford Mustang
GT Premium Convertible RWD
42,633 mi
$36,112
- Year:
- 2021
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 460 hp 5L V8
- Exterior color:
- Blue Metallic
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 65,997
- Stock #:
- 04T4168A
- VIN:
- 1FA6P8CF6M5113423
2021 Ford Mustang
GT Coupe RWD
65,997 mi
$30,408
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Rapid Red Metallic Tinted Clearcoat
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- 6-Speed Manual
- Mileage:
- 26,022
- Stock #:
- N5111271
- VIN:
- 1FA6P8CF8N5111271
2022 Ford Mustang
GT Premium Fastback RWD
26,022 mi
$37,926
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Race Red
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- 6-Speed Manual
- Mileage:
- 20,257
- Stock #:
- 6794
- VIN:
- 1FA6P8CF0N5136410
2022 Ford Mustang
GT Premium Fastback RWD
20,257 mi
$36,842
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Oxford White
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Showstopper Red
- Transmission:
- Automatic
- Mileage:
- 12,799
- Stock #:
- 53P441
- VIN:
- 1FATP8FF1N5126385
-$1,800
2022 Ford Mustang
GT Premium Convertible RWD
12,799 mi
$40,004
$38,204
- Year:
- 2021
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Gray Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 72,243
- Stock #:
- OFP10515
- VIN:
- 1FA6P8TH6M5103069
2021 Ford Mustang
EcoBoost Premium Coupe RWD
72,243 mi
$21,153
- Year:
- 2021
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 460 hp 5L V8
- Exterior color:
- Oxford White
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 73,047
- Stock #:
- 4536
- VIN:
- 1FA6P8CF3M5135492
2021 Ford Mustang
GT Premium Coupe RWD
73,047 mi
$32,388
CarGurus Analysis:
2022 Ford Mustang
With 37 currently listed for sale and an average price of $35,471, 40.5% of 2022 Ford Mustang listings on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2022 Ford Mustang 4.8 / 5 stars.
83.8% of 2022 Ford Mustang listings on CarGurus are accident free.
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Grabber Blue Metallic
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 63,920
- Stock #:
- C17198
- VIN:
- 1FATP8UH4P5103366
2023 Ford Mustang
EcoBoost Premium Convertible RWD
63,920 mi
$20,937
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Grabber Blue Metallic
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Blue
- Transmission:
- 6-Speed Manual
- Mileage:
- 12,571
- Stock #:
- T6682A1
- VIN:
- 1FA6P8CF4N5147720
2022 Ford Mustang
GT Premium Fastback RWD
12,571 mi
$38,900
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Blue
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 32,924
- Stock #:
- 148020
- VIN:
- 1FA6P8CF3N5148020
2022 Ford Mustang
GT Fastback RWD
32,924 mi
$35,518
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Oxford White
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony w/Red Stitch)
- Transmission:
- 6-Speed Manual
- Mileage:
- 25,079
- Stock #:
- N5109907
- VIN:
- 1FA6P8CF6N5109907
2022 Ford Mustang
GT Premium Fastback RWD
25,079 mi
$39,296
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Black
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 35,465
- Stock #:
- H300842
- VIN:
- 1FA6P8CF2P5300842
2023 Ford Mustang
GT Premium Fastback RWD
35,465 mi
$37,912
- Year:
- 2021
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 460 hp 5L V8
- Exterior color:
- Gray (Carbonized Grey)
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 57,103
- Stock #:
- 4596
- VIN:
- 1FA6P8CFXM5139099
2021 Ford Mustang
GT Premium Coupe RWD
57,103 mi
$35,388
- Year:
- 2021
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Oxford White
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 76,424
- Stock #:
- 1605215A
- VIN:
- 1FA6P8TH0M5149707
2021 Ford Mustang
EcoBoost Coupe RWD
76,424 mi
$20,656
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Silver Metallic
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 60,769
- Stock #:
- P13571
- VIN:
- 1FA6P8CFXN5101535
2022 Ford Mustang
GT Premium Fastback RWD
60,769 mi
$36,484
- Year:
- 2021
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 460 hp 5L V8
- Exterior color:
- Black
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 41,747
- Stock #:
- 22578
- VIN:
- 1FA6P8CF4M5104252
2021 Ford Mustang
GT Premium Coupe RWD
41,747 mi
$37,912
- Year:
- 2021
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 460 hp 5L V8
- Exterior color:
- Gray (Carbonized Grey)
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 57,103
- Stock #:
- 4596
- VIN:
- 1FA6P8CFXM5139099
Sponsored Listing
2021 Ford Mustang
GT Premium Coupe RWD
57,103 mi
$35,388
CarGurus Analysis: 2022 Ford Mustang
Summary
With 37 currently listed for sale and an average price of $35,471, 40.5% of 2022 Ford Mustang listings on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2022 Ford Mustang 4.8 / 5 stars.
83.8% of 2022 Ford Mustang listings on CarGurus are accident free.
Why it stands out
The 2022 Ford Mustang stands out because it combines the Mustang’s long-running performance-car identity with a broad range of choices. Ford has kept the formula familiar over the years: the Mustang has been available in coupe and convertible forms, and it remains one of Detroit’s most enduring sports cars. That heritage is part of the appeal, but so is the fact that the car has always been aimed at making performance accessible to a wide audience.
For shoppers, the 2022 Ford Mustang’s appeal comes from its mix of engines and drivetrains. The buying guide notes that the Mustang’s rear-wheel-drive layout has remained a core part of the formula, and that the sixth generation offered an EcoBoost turbocharged 2.3-liter inline four-cylinder, a 3.7-liter V6, a 5.0-liter Coyote V8, and two versions of a 5.2-liter V8. It also points out that transmission choices included two six-speed manuals, six- and 10-speed automatics, and a seven-speed dual-clutch automatic. Owners’ feedback reinforces the car’s strengths, especially its performance, handling, styling, and the enjoyment of a manual transmission.
There are a few tradeoffs to keep in mind. The buying guide says EcoBoost models are known for problems with oil consumption and potential head gasket failure, and that the transmission may be prone to slippage. It also notes that the Mustang’s rear seat is small, which is worth remembering if practicality matters. Even so, the 2022 Ford Mustang remains appealing because it delivers classic Mustang character with enough variety to suit buyers looking for anything from everyday performance to a more serious muscle-car experience.
Other model years to consider
- 2025 Ford Mustang
- Average price: $41,370
- Good/great deal percentage: 31.3%
- User rating: 5 / 5
- Total listings: 83
- 2020 Ford Mustang
- Average price: $24,428
- Good/great deal percentage: 28.6%
- User rating: 4.7 / 5
- Total listings: 63
- 2023 Ford Mustang
- Average price: $37,838
- Good/great deal percentage: 34.5%
- User rating: 5 / 5
- Total listings: 55
Similar models to consider
- 2022 Chevrolet Camaro
- Average price: $58,356
- Good/great deal percentage: 27.7%
- User rating: 4.5 / 5
- Total listings: 47
- 2022 Dodge Challenger
- Average price: $37,770
- Good/great deal percentage: 36.5%
- User rating: 4.7 / 5
- Total listings: 104
- 2022 Toyota GR86
- Average price: $29,963
- Good/great deal percentage: 25%
- User rating: 4.9 / 5
- Total listings: 12
This analysis is based on CarGurus' proprietary market data from November 9, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
4.8 Overall rating
Filter by rating
Anonymous
Reviewed a 2022 Ford Mustang on Oct 21, 2023
Fun to drive. Ecoboost has enough power to have some fun. Everyones idea of enough power is relative but this car will go when you want it too. Looks are awesome and the feel is solid. Handling is excellent from where I am coming from. Id buy the car again.
Timothy G
Reviewed a 2022 Ford Mustang on Jan 10, 2023
Awsome vehicle! Grabber Blue with handling package and 10 speed! Fantastic handling and brakes!
Tim M
Reviewed a 2022 Ford Mustang on Apr 12, 2024
The Mach 1 is a really good Mustang. Fills the gap between Gt and Gt350. The best thing is the Tremec transmission. But myself I need an automatic. Great body styling and nice exhaust rumble.
Rex B
Reviewed a 2022 Ford Mustang on Mar 27, 2023
Great value for all the features and classic sports car styling
Compare 2022 Ford Mustang Trims in Chicago, IL
The Mustang offers a range of trims from budget-friendly EcoBoost models to powerful GT variants, catering to diverse preferences and budgets.
- Starting at $21,244
- Best MPG/MPGe: 21 city / 29 hwy
- Most Popular: GT Premium Convertible RWD
Trim Overview
Prices updated weekly from CarGurus listings.
| EcoBoost Fastback RWD | EcoBoost Premium Fastback RWD | EcoBoost Premium Convertible RWD | GT Fastback RWD | GT Premium Fastback RWD | GT Premium Convertible RWD (Most Popular) | |
|---|---|---|---|---|---|---|
| Starting MSRP | $27,470 | $32,495 | $37,995 | $38,045 | $43,065 | $48,565 |
| Avg. Market Price | $22,367 | $35,091 | $21,244 | $39,206 | $40,491 | $37,224 |
| Positioning | Best value | Standard | Standard | Standard | Standard | Fully loaded |
| Standout Features | Backup camera, Bluetooth, Heated seats | Backup camera, Leather seats, Navigation system | Leather seats, Remote start, Backup camera | Backup camera, Bluetooth, Navigation system | Backup camera, Heated seats, Navigation system | Leather seats, Adaptive cruise control, Backup camera |
| Drivetrain | RWD | RWD | RWD | RWD | RWD | RWD |
| Listings Available | 11 | 13 | 33 | 7 | 34 | 37 |
Quick Compare Table
Listing prices sourced from CarGurus — updated weekly. OEM specs from manufacturer data.
| EcoBoost Fastback RWD | EcoBoost Premium Fastback RWD | EcoBoost Premium Convertible RWD | GT Fastback RWD | GT Premium Fastback RWD | GT Premium Convertible RWD | |
|---|---|---|---|---|---|---|
| AI Summary | Best value for budget-conscious shoppers | Offers more luxury features | Affordable convertible option | Powerful V8 performance | Premium features with V8 power | Most luxurious convertible option |
| Avg. Market Price | $22,367 | $35,091 | $21,244 | $39,206 | $40,491 | $37,224 |
| MSRP | $27,470 | $32,495 | $37,995 | $38,045 | $43,065 | $48,565 |
| Engine | 2.3L 310 hp I4 | 2.3L 310 hp I4 | 2.3L 310 hp I4 | 5.0L 450 hp V8 | 5.0L 450 hp V8 | 5.0L 450 hp V8 |
| Drivetrain | RWD | RWD | RWD | RWD | RWD | RWD |
| MPG/MPGe (City/Hwy) | 21/29 | 21/29 | 20/27 | 15/24 | 15/24 | 15/24 |
| Backup Camera | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Parking Sensors | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Bluetooth | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Blind Spot Monitoring | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Android Auto | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| CarPlay | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Heated Seats | ✓ | ✓ | ✓ | — | ✓ | ✓ |
| Adaptive Cruise Control | ✓ | ✓ | — | — | — | ✓ |
| Multi Zone Climate Control | ✓ | — | — | — | — | — |
| Navigation System | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Leather Seats | — | ✓ | ✓ | — | ✓ | ✓ |
| Remote Start | — | — | ✓ | ✓ | — | — |
| Active Listings | 11 | 13 | 33 | 7 | 34 | 37 |
Missing data displayed as "—".
Trim Deep Dives
EcoBoost Fastback RWD — "Who It's For"
The EcoBoost Fastback is the pick for shoppers who want a sporty Mustang experience without the higher price of the GT models.
- Avg. market price: $22,367 (updated weekly)
- MPG/MPGe: 21 city / 29 hwy
- Inventory: 11 listings — lower availability; may limit negotiating room
- View EcoBoost Fastback RWD listings
EcoBoost Premium Fastback RWD — "Who It's For"
The EcoBoost Premium Fastback is ideal for those seeking a blend of performance and luxury features without stepping up to a GT.
- Avg. market price: $35,091 (updated weekly)
- MPG/MPGe: 21 city / 29 hwy
- Inventory: 13 listings — lower availability; may limit negotiating room
- View EcoBoost Premium Fastback RWD listings
EcoBoost Premium Convertible RWD — "Who It's For"
The EcoBoost Premium Convertible is perfect for shoppers who want an affordable drop-top experience with modern tech features.
- Avg. market price: $21,244 (updated weekly)
- MPG/MPGe: 20 city / 27 hwy
- Inventory: 33 listings
- View EcoBoost Premium Convertible RWD listings
GT Fastback RWD — "Who It's For"
The GT Fastback is for those who crave V8 power and performance without the full luxury of the Premium trims.
- Avg. market price: $39,206 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 7 listings — lower availability; may limit negotiating room
- View GT Fastback RWD listings
GT Premium Fastback RWD — "Who It's For"
The GT Premium Fastback is the choice for buyers wanting a powerful V8 with added luxury features for a more refined driving experience.
- Avg. market price: $40,491 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 34 listings
- View GT Premium Fastback RWD listings
GT Premium Convertible RWD — "Who It's For"
The GT Premium Convertible is for those who desire top-tier luxury and performance in a stylish drop-top package.
- Avg. market price: $37,224 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 37 listings
- View GT Premium Convertible RWD listings
Trim Recommendations
Most Popular — GT Premium Convertible RWD
With 37 active listings, the GT Premium Convertible RWD is the clear volume leader in the lineup.
Browse GT Premium Convertible RWD listings
Best Budget Option — EcoBoost Premium Convertible RWD
At $21,244 avg market price — below the lineup median of $36,157 — it's the most accessible entry point.
Browse EcoBoost Premium Convertible RWD listings
Best for Fuel Economy — EcoBoost Fastback RWD
The EcoBoost Fastback RWD offers the best fuel efficiency in the lineup with 21/29 MPG/MPGe.
Browse EcoBoost Fastback RWD listings
These recommendations are based on CarGurus' proprietary market data from November 12, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
2022 Ford Mustang Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2022 Ford Mustang prices has changed over time.
See more price trends2022 Ford Mustang Pricing Analysis: Chicago, IL Market Report
Pricing in Nearby Cities
Market Area: Chicago, IL
Key Insights
- Highest-Price Market: Holland, MI has an average price of $48,209, indicating a premium market for the Mustang.
- Best Value: South Bend, IN offers the lowest average price at $28,230, presenting a significant opportunity for budget-conscious buyers.
- Inventory Drives Stability: Palatine, IL leads with 42 listings, suggesting a robust supply that may help stabilize prices in the region.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Palatine, IL | 42 | $36,713 |
| Aurora, IL | 35 | $35,019 |
| Kenosha, WI | 32 | $37,586 |
| Milwaukee, WI | 20 | $39,602 |
| Rockford, IL | 14 | $43,228 |
| Janesville, WI | 8 | $34,238 |
| Holland, MI | 7 | $48,209 |
| South Bend, IN | 5 | $28,230 |
| Kalamazoo, MI | 5 | $28,230 |
| Lafayette, IN | 2 | $46,223 |
Pricing by Trim Packages
Key Insights
- Volume Leader: The GT Premium Fastback RWD has 35 listings, making it the most available trim in the market.
- Premium Spread: The Mach 1 Fastback RWD is priced at $55,270, representing the highest MSRP among trims, indicating a premium for performance features.
- Drivetrain Effect: All trims listed are RWD, suggesting a consistent drivetrain preference among buyers, which may influence pricing dynamics.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| EcoBoost Premium Convertible RWD | 32 | $37,995 | RWD | 2.3L 310 hp I4 |
| GT Premium Fastback RWD | 35 | $43,065 | RWD | 5.0L 450 hp V8 |
| GT Premium Convertible RWD | 37 | $48,565 | RWD | 5.0L 450 hp V8 |
| EcoBoost Fastback RWD | 11 | $27,470 | RWD | 2.3L 310 hp I4 |
| GT Fastback RWD | 7 | $38,045 | RWD | 5.0L 450 hp V8 |
| EcoBoost Premium Fastback RWD | 14 | $32,495 | RWD | 2.3L 310 hp I4 |
| EcoBoost Convertible RWD | 3 | $32,970 | RWD | 2.3L 310 hp I4 |
| Mach 1 Fastback RWD | 1 | $55,270 | RWD | 5.0L 470 hp V8 |
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2026 model year shows an average price of $44,065, reflecting a 33.6% premium over its starting MSRP.
- Depreciation Curve: The 2016 model year exhibits the steepest depreciation at -22.6%, indicating significant value loss over time.
- Best Value Sweet Spot: The 2022 model year averages $35,101, which is a reasonable price point for buyers looking for a balance between newer features and value.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2026 | $32,995 | $44,065 | +33.6% |
| 2025 | $31,920 | $40,879 | +28.1% |
| 2024 | $30,920 | $37,569 | +21.5% |
| 2023 | $27,770 | $38,249 | +37.7% |
| 2022 | $27,470 | $35,101 | +27.8% |
| 2021 | $27,205 | $32,820 | +20.6% |
| 2020 | $26,670 | $24,977 | -6.3% |
| 2019 | $26,395 | $29,611 | +12.2% |
| 2018 | $25,680 | $25,113 | -2.2% |
| 2017 | $25,185 | $21,908 | -13.0% |
| 2016 | $24,145 | $18,696 | -22.6% |
These recommendations are based on CarGurus' proprietary market data from November 11, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
How much does the 2022 Ford Mustang cost?
| Metric | Value |
|---|---|
| Current Average Price | $34,274 |
| Year-Round Low | $30,450 |
| Year-Round High | $34,566 |
| Average Price a Year Ago | $32,557 |
| Change vs. Last Year | +5.27% |
Prices are up 5.27% year-over-year — a sign of continued demand for this model year.
There are 1,729 listings available, which gives you a solid pool to compare before you buy.
Is the 2022 Ford Mustang a good car?
Yes — the 2022 Ford Mustang earns a 4.8/5 user rating, which points to strong owner satisfaction. Owners consistently praise its performance, handling, and styling, and many also like the manual transmission option and the fun driving experience it delivers. That fits especially well if you want a sporty vehicle with broad appeal and a classic performance-car identity. With 33.4% of listings marked as good or great deals, you still have room to shop selectively.
Is the 2022 Ford Mustang reliable?
Owners rate it 4.8/5, a strong signal of long-term satisfaction.
The owner feedback also points to a car that feels dependable in the ways that matter to enthusiasts, especially when it comes to performance and driving enjoyment. Many drivers describe it as a trouble-free, long-term choice for people who want a sporty car they can count on. For used buyers, the main long-term ownership risk is making sure the specific car you choose has been maintained well and hasn’t been modified in a way that adds avoidable wear.
What should I look for when buying a used 2022 Ford Mustang?
At 74.9% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
You should start with a vehicle history report so you can confirm accident records, title status, and ownership patterns before you commit. Then prioritize a pre-purchase inspection, especially if the car has performance modifications or signs of hard use. Focus your condition check on the drivetrain, transmission behavior, and overall wear, since those details matter most on a sports car.
Is now a good time to buy a used 2022 Ford Mustang?
This is a moderate market, so you can buy now if you’re selective and compare listings carefully.
- Deal availability: 33.4% of listings are priced as good or great deals.
- Inventory: There are 1,729 listings available.
- Price trend: Prices are up 5.27% year-over-year.
- Clean inventory: 74.9% of listings are accident-free.
If you find a listing below $30,450, that's toward the low end of the year-round range and worth acting on quickly.
What is the 2022 Ford Mustang's resale value?
The current average of $34,274 sits slightly above last year's $32,557.
That upward movement suggests the market continues to value this model year well, which can help support resale strength if you buy carefully. A stable-to-rising price trend is usually a good sign for future sellers because it shows buyers are still willing to pay for the car. Strong demand also tends to hold up better when a model has broad appeal and a loyal following.
Vehicles with strong owner satisfaction ratings, like this model year's 4.8/5, tend to retain buyer demand, which supports resale value over time.
Should I buy a 2022 Ford Mustang or consider a different year?
If you're weighing the 2022 against nearby model years, here's how to think about it:
Choose the 2022 if:
- 33.4% of listings are priced as good or great deals.
- At 74.9% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
- Price trend: Prices are up 5.27% year-over-year.
- Owners rate it 4.8/5 — a strong satisfaction signal.
Consider the 2021 if:
- At $30,502, the 2021 costs less than the current year's $34,274 average.
- It blends retro style with modern tech and a broad trim lineup.
The bottom line: You should lean toward the 2022 if you want the stronger current-market signal and are comfortable paying more for it. If your priority is stretching your budget, the 2021 is the better value path because it costs less while still delivering the Mustang’s core appeal.
How does the 2022 Ford Mustang compare to the 2022 Chevrolet Camaro?
| Spec | 2022 Ford Mustang | 2022 Chevrolet Camaro |
|---|---|---|
| Starting MSRP | $27,470 | $25,000 |
| Engine | 2.3L 310 hp I4 | 2.0L 275 hp I4 |
| Horsepower | 310 hp @ 5500 rpm | 275 hp @ 5600 rpm |
| MPG/MPGe (city) | 21 | 19 |
| MPG/MPGe (highway) | 29 | 29 |
| Average used price | $34,274 | $39,901 |
| Listings available | 1,729 | 1,421 |
| Good & great deal share | 33.4% | 33.9% |
| Accident-free share | 74.9% | 74.4% |
Read our full side-by-side expert comparison here.
These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
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