Used 2022 Ford Mustang for Sale nearChicago, IL
Shop with transparent pricing.
Only show listings that include dealer fees- Year:
- 2023
- 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:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 38,510
- Stock #:
- PS5954
- VIN:
- 1FA6P8TH1P5107650
Sponsored by Berman Subaru of Chicago
2023 Ford Mustang
EcoBoost Fastback RWD
38,510 mi
$26,149
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Cyber Orange Metallic Tricoat
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony W/Red Stitch)
- Transmission:
- Automatic
- Mileage:
- 23,717
- Stock #:
- 15326BP
- VIN:
- 1FA6P8CF5N5103449
Sponsored Listing
2022 Ford Mustang
GT Premium Fastback RWD
23,717 mi
$41,402
- 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 Listing
2022 Ford Mustang
GT Fastback RWD
25,111 mi
$36,878
- Year:
- 2021
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 460 hp 5L V8
- Exterior color:
- White
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 45,674
- Stock #:
- 106584
- VIN:
- 1FA6P8CF6M5106584
2021 Ford Mustang
GT Coupe RWD
45,674 mi
$30,342
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 470 hp 5L V8
- Exterior color:
- Gray Metallic
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 13,415
- Stock #:
- P27916
- VIN:
- 1FA6P8R09N5553673
2022 Ford Mustang
Mach 1 Fastback RWD
13,415 mi
$51,503
- 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
$38,011
- Year:
- 2021
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 460 hp 5L V8
- Exterior color:
- Velocity Blue Metallic
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 63,035
- Stock #:
- 3170U
- VIN:
- 1FA6P8CF0M5108637
2021 Ford Mustang
GT Coupe RWD
63,035 mi
$30,913
- 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:
- Showstopper Red
- Transmission:
- Automatic
- Mileage:
- 45,148
- Stock #:
- PHD1087
- VIN:
- 1FA6P8CF7N5147727
2022 Ford Mustang
GT Premium Fastback RWD
45,148 mi
$36,080
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Cyber Orange Metallic Tricoat
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony W/Red Stitch)
- Transmission:
- Automatic
- Mileage:
- 23,717
- Stock #:
- 15326BP
- VIN:
- 1FA6P8CF5N5103449
2022 Ford Mustang
GT Premium Fastback RWD
23,717 mi
$41,402
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Gray Metallic
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony W/Metal Gray Stitch)
- Transmission:
- Automatic
- Mileage:
- 39,253
- Stock #:
- STK109005
- VIN:
- 1FA6P8CFXN5109005
2022 Ford Mustang
GT Premium Fastback RWD
39,253 mi
$37,145
- 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:
- Automatic
- Mileage:
- 47,136
- Stock #:
- NS1811
- VIN:
- 1FA6P8CF4N5140847
2022 Ford Mustang
GT Premium Fastback RWD
47,136 mi
$35,944
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Atlas Blue Metallic
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 46,004
- Stock #:
- FL8326A
- VIN:
- 1FA6P8TH8N5144384
2022 Ford Mustang
EcoBoost Fastback RWD
46,004 mi
$25,146
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Atlas Blue
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Midnight Blue w/Grabber Blue Stitch
- Transmission:
- Automatic
- Mileage:
- 2,545
- Stock #:
- 3300
- VIN:
- 1FA6P8CF9N5112297
2022 Ford Mustang
GT Premium Fastback RWD
2,545 mi
$42,021
CarGurus Analysis:
2022 Ford Mustang
With 232 currently listed for sale near Chicago, IL and an average price of $39,038, 28.0% of 2022 Ford Mustangs for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2022 Ford Mustang 4.78 / 5 stars.
98.3% of 2022 Mustang models on CarGurus are accident free.
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Dark Matter Gray
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 9,462
- Stock #:
- 144013
- VIN:
- 1FA6P8CF8N5144013
2022 Ford Mustang
GT Fastback RWD
9,462 mi
$39,065
- 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
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 23,353
- Stock #:
- 22427
- VIN:
- 1FA6P8CF4P5302267
-$1,000
2023 Ford Mustang
GT Fastback RWD
23,353 mi
$37,912
$36,912
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Carbonized Gray Metallic
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Midnight Blue
- Transmission:
- 10-Speed Automatic
- Mileage:
- 34,910
- Stock #:
- 127841
- VIN:
- 1FA6P8CF4N5127841
2022 Ford Mustang
GT Premium Fastback RWD
34,910 mi
$41,990
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- White
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- 6-Speed Automatic
- Mileage:
- 61,485
- Stock #:
- 300512
- VIN:
- 1FA6P8CF3P5300512
2023 Ford Mustang
GT Premium Fastback RWD
61,485 mi
$34,547
- Year:
- 2023
- 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:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 38,510
- Stock #:
- PS5954
- VIN:
- 1FA6P8TH1P5107650
2023 Ford Mustang
EcoBoost Fastback RWD
38,510 mi
$26,149
- Year:
- 2021
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 460 hp 5L V8
- Exterior color:
- Shadow Black
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony/Red Stitch)
- Mileage:
- 47,080
- Stock #:
- M5145486
- VIN:
- 1FA6P8CF3M5145486
2021 Ford Mustang
GT Premium Coupe RWD
47,080 mi
$36,190
- 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:
- 24,669
- Stock #:
- 5152709
- VIN:
- 1FA6P8CFXM5152709
2021 Ford Mustang
GT Coupe RWD
24,669 mi
$35,648
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Gray
- Fuel type:
- Gasoline
- Interior color:
- Black
- Mileage:
- 55,746
- Stock #:
- VW16146A
- VIN:
- 1FA6P8CF5N5127556
2022 Ford Mustang
GT Fastback RWD
55,746 mi
$33,095
- Year:
- 2021
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 460 hp 5L V8
- Exterior color:
- Red
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 35,605
- Stock #:
- A14532
- VIN:
- 1FA6P8CF3M5129014
2021 Ford Mustang
GT Premium Coupe RWD
35,605 mi
$32,995
- 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
Sponsored Listing
2022 Ford Mustang
GT Premium Convertible RWD
12,799 mi
$43,404
CarGurus Analysis: 2022 Ford Mustang
Summary
With 232 currently listed for sale near Chicago, IL and an average price of $39,038, 28.0% of 2022 Ford Mustangs for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2022 Ford Mustang 4.78 / 5 stars.
98.3% of 2022 Mustang models on CarGurus are accident free.
Why it stands out
The 2022 Ford Mustang stands out because it combines the Mustang’s long-running rear-wheel-drive sports-car formula with a wide range of powertrains and body styles. Ford’s buying guide describes the Mustang as one of Detroit’s most enduring nameplates and notes that it has been available in coupe and convertible forms over the years, which helps explain why it remains such a recognizable choice for shoppers who want something with both heritage and everyday appeal. Owner feedback reinforces that appeal, with praise centered on performance, handling, styling, and the availability of a manual transmission.
What makes the 2022 Ford Mustang especially distinctive is the breadth of its lineup. The guide says the current generation keeps the familiar front-engine, rear-wheel-drive layout and is offered in coupe and convertible body styles. It also notes that the Mustang is available with Ford’s EcoBoost turbocharged 2.3-liter inline four-cylinder engine, while upper trims can be had with 5.0-liter V8 engines producing 480 hp or 500 hp, depending on trim. A 10-speed automatic is the most common transmission, though some trims are available with six-speed manuals. That mix gives the Mustang a broad range of personalities, from more accessible daily-driver versions to more serious performance models.
There are a few tradeoffs to keep in mind. The guide says the EcoBoost engine may get good mpg ratings, but it requires premium fuel, and it also reports that 2024 and 2025 Mustangs have been reported to suffer from powertrain vibrations, inconsistent interior build quality, limited-slip differential problems, and electronic stability control issues. For a used-car shopper, the 2022 Ford Mustang’s appeal is that it delivers classic Mustang character, strong performance options, and enough variety to suit different budgets and preferences, even if buyers should still pay attention to equipment, condition, and maintenance history.
Other model years to consider
- Average price: $34,227
- Good/great deal percentage: 25.9%
- User rating: 5 / 5
- Total listings: 313
- Average price: $26,182
- Good/great deal percentage: 27.3%
- User rating: 4.73 / 5
- Total listings: 308
- Average price: $43,862
- Good/great deal percentage: 26.5%
- User rating: 5 / 5
- Total listings: 317
This analysis is based on CarGurus' proprietary market data from September 28, 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
tanya m
Reviewed a 2022 Ford EcoBoost Premium Convertible RWD on Oct 18, 2024
My husband is against buying cars that have a history of being a rental. I think it’s because a rental isn’t your car and people are reckless. However, Kunes brought to my attention that rentals have strict maintenance requirements that make them a good choice.
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.
Compare 2022 Ford Mustang Trims in Chicago, IL
The 2022 Ford Mustang lineup offers a range of trims from budget-friendly options to high-performance models, all featuring RWD.
- Starting at $22,873
- Best MPG/MPGe: 21 city / 29 hwy
- Most Popular: EcoBoost Premium Convertible RWD
Trim Overview
Prices updated weekly from CarGurus listings.
| EcoBoost Fastback RWD | EcoBoost Premium Fastback RWD | EcoBoost Convertible RWD | EcoBoost Premium Convertible RWD (Most Popular) | GT Fastback RWD | GT Premium Fastback RWD | GT Premium Convertible RWD | Mach 1 Fastback RWD | |
|---|---|---|---|---|---|---|---|---|
| Starting MSRP | $27,470 | $32,495 | $32,970 | $37,995 | $38,045 | $43,065 | $48,565 | $55,270 |
| Avg. Market Price | $38,675 | $30,888 | $38,675 | $22,873 | $37,589 | $47,084 | $36,698 | $51,399 |
| Positioning | Best value | Standard | Standard | Standard | Standard | Standard | Standard | Fully loaded |
| Standout Features | Backup camera, Bluetooth, Blind Spot Monitoring | Blind Spot Monitoring, Backup Camera, Parking Sensors | Backup camera, Bluetooth, Blind Spot Monitoring | Backup camera, Bluetooth, Parking Sensors | Backup camera, Blind Spot Monitoring, Bluetooth | Backup camera, Blind Spot Monitoring, Bluetooth | Bluetooth, Leather Seats, Heated Seats | Leather Seats, Bluetooth, Backup Camera |
| Drivetrain | RWD | RWD | RWD | RWD | RWD | RWD | RWD | RWD |
| Listings Available | 47 | 47 | 32 | 141 | 57 | 127 | 119 | 20 |
Quick Compare Table
Listing prices sourced from CarGurus — updated weekly. OEM specs from manufacturer data.
| EcoBoost Fastback RWD | EcoBoost Premium Fastback RWD | EcoBoost Convertible RWD | EcoBoost Premium Convertible RWD | GT Fastback RWD | GT Premium Fastback RWD | GT Premium Convertible RWD | Mach 1 Fastback RWD | |
|---|---|---|---|---|---|---|---|---|
| AI Summary | Best value for a sporty coupe | More features for a small price increase | Open-top driving experience | Most affordable convertible option | Powerful V8 performance | Premium features with V8 power | Luxury features in a convertible | High-performance with extra power |
| Avg. Market Price | $38,675 | $30,888 | $38,675 | $22,873 | $37,589 | $47,084 | $36,698 | $51,399 |
| MSRP | $27,470 | $32,495 | $32,970 | $37,995 | $38,045 | $43,065 | $48,565 | $55,270 |
| Engine | 2.3L 310 hp I4 | 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 | 5.0L 470 hp V8 |
| Drivetrain | RWD | RWD | RWD | RWD | RWD | RWD | RWD | RWD |
| MPG/MPGe (City/Hwy) | 21/29 | 21/29 | 20/27 | 20/27 | 15/24 | 15/24 | 15/24 | 14/22 |
| Backup Camera | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Bluetooth | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Blind Spot Monitoring | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Parking Sensors | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Android Auto | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| CarPlay | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Heated Seats | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Navigation System | ✓ | ✓ | ✓ | ✓ | — | ✓ | ✓ | ✓ |
| Remote Start | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | — |
| Multi Zone Climate Control | ✓ | — | — | — | — | — | — | — |
| Leather Seats | — | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Adaptive Cruise Control | — | ✓ | ✓ | — | — | — | ✓ | — |
| Active Listings | 47 | 47 | 32 | 141 | 57 | 127 | 119 | 20 |
Missing data displayed as "—".
Trim Deep Dives
EcoBoost Fastback RWD — "Who It's For"
The EcoBoost Fastback RWD is the pick for shoppers who want a sporty coupe experience without breaking the bank.
- Avg. market price: $38,675 (updated weekly)
- MPG/MPGe: 21 city / 29 hwy
- Inventory: 47 listings
- View EcoBoost Fastback RWD listings
EcoBoost Premium Fastback RWD — "Who It's For"
The EcoBoost Premium Fastback RWD is the choice for those seeking added features and comfort without a significant price jump.
- Avg. market price: $30,888 (updated weekly)
- MPG/MPGe: 21 city / 29 hwy
- Inventory: 47 listings
- View EcoBoost Premium Fastback RWD listings
EcoBoost Convertible RWD — "Who It's For"
The EcoBoost Convertible RWD is ideal for buyers wanting a stylish drop-top experience at a reasonable price.
- Avg. market price: $38,675 (updated weekly)
- MPG/MPGe: 20 city / 27 hwy
- Inventory: 32 listings
- View EcoBoost Convertible RWD listings
EcoBoost Premium Convertible RWD — "Who It's For"
The EcoBoost Premium Convertible RWD is perfect for those who desire luxury features in a convertible at an accessible price.
- Avg. market price: $22,873 (updated weekly)
- MPG/MPGe: 20 city / 27 hwy
- Inventory: 141 listings — widest selection in the lineup
- View EcoBoost Premium Convertible RWD listings
GT Fastback RWD — "Who It's For"
The GT Fastback RWD is for performance enthusiasts who want a powerful V8 without the premium of higher trims.
- Avg. market price: $37,589 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 57 listings
- View GT Fastback RWD listings
GT Premium Fastback RWD — "Who It's For"
The GT Premium Fastback RWD is suited for buyers looking for a blend of luxury and performance in a V8 package.
- Avg. market price: $47,084 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 127 listings — widest selection in the lineup
- View GT Premium Fastback RWD listings
GT Premium Convertible RWD — "Who It's For"
The GT Premium Convertible RWD is for those who want a high-performance convertible with luxury features.
- Avg. market price: $36,698 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 119 listings — widest selection in the lineup
- View GT Premium Convertible RWD listings
Mach 1 Fastback RWD — "Who It's For"
The Mach 1 Fastback RWD is for buyers seeking the ultimate performance Mustang with premium features.
- Avg. market price: $51,399 (updated weekly)
- MPG/MPGe: 14 city / 22 hwy
- Inventory: 20 listings
- View Mach 1 Fastback RWD listings
Trim Recommendations
Most Popular — EcoBoost Premium Convertible RWD
With 141 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 $22,873 avg market price — below the lineup median of $38,132 — 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 at 21/29 MPG.
Browse EcoBoost Fastback RWD listings
These recommendations are based on CarGurus' proprietary market data from September 24, 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: The average price in Milwaukee, WI is $42,119, indicating a premium market for the Mustang in this area.
- Best Value: South Bend, IN offers the lowest average price at $18,445, presenting a significant opportunity for budget-conscious buyers.
- Inventory Drives Stability: Palatine, IL leads with 229 listings, suggesting a robust supply that may help stabilize prices in the region.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Palatine, IL | 229 | $41,746 |
| Aurora, IL | 224 | $39,439 |
| Kenosha, WI | 220 | $40,243 |
| Lafayette, IN | 219 | $36,031 |
| Kalamazoo, MI | 206 | $27,720 |
| Milwaukee, WI | 204 | $42,119 |
| Rockford, IL | 202 | $34,198 |
| Janesville, WI | 201 | $24,294 |
| South Bend, IN | 200 | $18,445 |
| Holland, MI | 199 | $40,314 |
Pricing by Trim Packages
Key Insights
- Volume Leader: The EcoBoost Premium Convertible RWD has 134 listings, making it the most available trim in the market.
- Premium Spread: The Mach 1 Fastback RWD is priced at $55,270, showcasing a significant premium over other trims, reflecting its performance-oriented features.
- Drivetrain Effect: All trims listed are RWD, indicating a consistent drivetrain preference among buyers in this market segment.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| EcoBoost Premium Convertible RWD | 134 | $37,995 | RWD | 2.3L 310 hp I4 |
| GT Premium Fastback RWD | 117 | $43,065 | RWD | 5.0L 450 hp V8 |
| GT Premium Convertible RWD | 121 | $48,565 | RWD | 5.0L 450 hp V8 |
| EcoBoost Fastback RWD | 49 | $27,470 | RWD | 2.3L 310 hp I4 |
| GT Fastback RWD | 55 | $38,045 | RWD | 5.0L 450 hp V8 |
| EcoBoost Premium Fastback RWD | 41 | $32,495 | RWD | 2.3L 310 hp I4 |
| EcoBoost Convertible RWD | 30 | $32,970 | RWD | 2.3L 310 hp I4 |
| Mach 1 Fastback RWD | 21 | $55,270 | RWD | 5.0L 470 hp V8 |
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2025 model year shows the highest average price at $42,245, indicating a strong demand for newer models.
- Depreciation Curve: The 2016 model year has experienced the steepest depreciation at -19.4%, suggesting that older models may offer better value for budget-conscious buyers.
- Best Value Sweet Spot: The 2022 model year has an average price of $38,867, which is significantly above its starting MSRP of $27,470, indicating strong market demand.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2026 | $32,640 | $35,856 | +9.9% |
| 2025 | $31,920 | $42,245 | +32.3% |
| 2024 | $30,920 | $37,240 | +20.4% |
| 2023 | $27,770 | $34,789 | +25.3% |
| 2022 | $27,470 | $38,867 | +41.5% |
| 2021 | $27,205 | $34,099 | +25.3% |
| 2020 | $26,670 | $25,622 | -3.9% |
| 2019 | $26,395 | $29,860 | +13.1% |
| 2018 | $25,680 | $21,826 | -15.0% |
| 2017 | $25,185 | $23,301 | -7.5% |
| 2016 | $24,145 | $19,460 | -19.4% |
| 2015 | $23,800 | $23,064 | -3.1% |
These recommendations are based on CarGurus' proprietary market data from September 30, 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 | $34,456 |
| Year-Round Low | $30,446 |
| Year-Round High | $34,576 |
| Average Price a Year Ago | $33,772 |
| Change vs. Last Year | +2.03% |
Prices are up 2.03% year-over-year — a sign of continued demand for this model year.
There are 1,690 listings available, which gives you a solid pool to compare prices and equipment.
Is the 2022 Ford Mustang a good car?
Yes — the 2022 Ford Mustang earns a 4.78/5 user rating, which points to strong owner satisfaction. Owners consistently praise the 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 classic character and enough variety to suit different budgets and preferences. With 30.4% of listings marked as good or great deals, you still have room to shop selectively.
Is the 2022 Ford Mustang reliable?
Owners rate it 4.78/5, a strong signal of long-term satisfaction.
The owner feedback highlights a car that many drivers feel good about living with over time, especially when it comes to performance and driving enjoyment. The repeated praise for the car’s overall experience suggests you’re looking at a model that many owners feel confident keeping. For used buyers, the main long-term ownership risk is tied to condition and maintenance history, so a careful pre-purchase check matters.
What should I look for when buying a used 2022 Ford Mustang?
Accident-free inventory is solid at 77.2% — always verify the vehicle history report.
You should start with a history report so you can confirm accident status, title history, and any major red flags before you get too far into the process. After that, prioritize a thorough inspection of the car’s condition, especially signs of wear, modifications, or uneven maintenance. Because this model can be bought in a wide range of configurations, focus on whether the specific car you’re considering matches your expectations for equipment and overall care.
Is now a good time to buy a used 2022 Ford Mustang?
This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you stay patient.
- Deal availability: 30.4% of listings are priced as good or great deals.
- Inventory: There are 1,690 listings available.
- Price trend: Prices are up 2.03% year-over-year.
- Clean inventory: 77.2% of listings are accident-free.
If you find a listing below $30,446, 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 $34,456 sits slightly above last year's $33,772.
That price movement suggests the market has held up reasonably well for this model year, which is a positive sign if you plan to sell later. A stable-to-rising average price can help support future resale, especially when demand remains broad across trims and body styles. Strong owner satisfaction also helps keep interest steady among used shoppers.
Vehicles with strong owner satisfaction ratings, like this model year's 4.78/5, 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:
- 30.4% of listings are priced as good or great deals.
- Accident-free inventory is solid at 77.2% — always verify the vehicle history report.
- Price trend: Prices are up 2.03% year-over-year.
- Owners rate it 4.78/5 — a strong satisfaction signal.
Consider the 2021 if:
- At $30,796, the 2021 costs less than the current year's $34,456 average.
- It blends retro attitude with modern tech and a new Mach 1 trim.
The bottom line: If you want the stronger current-market mix of demand, inventory, and owner satisfaction, the 2022 is the better starting point. If your priority is spending less up front, the 2021 is the smarter value play and still delivers the Mustang’s core appeal.
These recommendations are based on CarGurus' proprietary market data from September 29, 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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