Used 2023 Ford Mustang for Sale near Arizona
Shop with transparent pricing.
Only show listings that include dealer fees- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- 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:
- 7,929
- Stock #:
- P26468
- VIN:
- 1FATP8FF4N5133119
-$1,000
Sponsored by Certified Benz and Beemer
2022 Ford Mustang
GT Premium Convertible RWD
7,929 mi
$42,999
$41,999
- 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:
- Automatic
- Mileage:
- 10,515
- Stock #:
- P6070
- VIN:
- 1FA6P8CF3N5109511
Sponsored Listing
2022 Ford Mustang
GT Premium Fastback RWD
10,515 mi
$44,689
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Gray
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 23,918
- Stock #:
- 270088E
- VIN:
- 1FA6P8TH9R5138244
Sponsored Listing
2024 Ford Mustang
EcoBoost Fastback RWD
23,918 mi
$27,619
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Carbonized Gray
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- Automatic
- Mileage:
- 63,191
- Stock #:
- 2613703A
- VIN:
- 1FA6P8TH5R5111865
2024 Ford Mustang
EcoBoost Fastback RWD
63,191 mi
$25,739
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Shadow Black
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 21,369
- Stock #:
- D26-609A
- VIN:
- 1FATP8UH5P5110679
2023 Ford Mustang
EcoBoost Premium Convertible RWD
21,369 mi
$24,393
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Race Red
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- Automatic
- Mileage:
- 31,739
- Stock #:
- R5136469
- VIN:
- 1FA6P8TH1R5136469
2024 Ford Mustang
EcoBoost Premium Fastback RWD
31,739 mi
$28,753
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Silver Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 30,136
- Stock #:
- 262626A
- VIN:
- 1FA6P8TH5P5112978
2023 Ford Mustang
EcoBoost Fastback RWD
30,136 mi
$26,032
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Gray
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 23,918
- Stock #:
- 270088E
- VIN:
- 1FA6P8TH9R5138244
2024 Ford Mustang
EcoBoost Fastback RWD
23,918 mi
$27,619
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior color:
- Vapor Blue
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- 6-Speed Manual
- Mileage:
- 19,086
- Stock #:
- L266973A
- VIN:
- 1FA6P8CF9R5418891
2024 Ford Mustang
GT Premium Fastback RWD
19,086 mi
$42,369
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Red
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 50,960
- Stock #:
- 70272305
- VIN:
- 1FAGP8UH7R5133692
2024 Ford Mustang
EcoBoost Convertible RWD
50,960 mi
$24,147
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior color:
- Shadow Black
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- Automatic
- Mileage:
- 12,815
- Stock #:
- R5116521
- VIN:
- 1FAGP8FF0R5116521
-$2,000
2024 Ford Mustang
GT Premium Convertible RWD
12,815 mi
$45,694
$43,694
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Blue
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Gray
- Transmission:
- Automatic
- Mileage:
- 56,217
- Stock #:
- 138828
- VIN:
- 1FA6P8THXN5138828
2022 Ford Mustang
EcoBoost Fastback RWD
56,217 mi
$21,449
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior color:
- Silver Metallic
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- 6-Speed Manual
- Mileage:
- 9,157
- Stock #:
- MZ8699A
- VIN:
- 1FA6P8CF9R5410550
2024 Ford Mustang
GT Fastback RWD
9,157 mi
$41,990
CarGurus Analysis:
2023 Ford Mustang
With 2,618 currently listed for sale and an average price of $31,465, 33.6% of 2023 Ford Mustang listings on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Ford Mustang 5 / 5 stars.
83.0% of 2023 Ford Mustang listings on CarGurus are accident free.
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Oxford White
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 59,092
- Stock #:
- N5118838
- VIN:
- 1FATP8UHXN5118838
2022 Ford Mustang
EcoBoost Premium Convertible RWD
59,092 mi
$22,694
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Rapid Red Metallic Tinted Clearcoat
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony w/Metal Gray Stitch)
- Transmission:
- Automatic
- Mileage:
- 86,941
- Stock #:
- N5132401
- VIN:
- 1FA6P8THXN5132401
2022 Ford Mustang
EcoBoost Premium Fastback RWD
86,941 mi
$20,455
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Oxford White
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 67,884
- Stock #:
- AH108368
- VIN:
- 1FATP8UH0P5108368
2023 Ford Mustang
EcoBoost Premium Convertible RWD
67,884 mi
$20,478
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Atlas Blue Metallic
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 37,382
- Stock #:
- SQV2024
- VIN:
- 1FATP8FF3N5134942
-$1,500
2022 Ford Mustang
GT Premium Convertible RWD
37,382 mi
$37,572
$36,072
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior color:
- Blue
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 34,841
- Stock #:
- 70321038
- VIN:
- 1FA6P8CF4R5413288
2024 Ford Mustang
GT Premium Fastback RWD
34,841 mi
$41,147
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- 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:
- Midnight Blue w/Blue
- Transmission:
- Automatic
- Mileage:
- 72,200
- Stock #:
- 105271
- VIN:
- 1FATP8FF9P5105271
2023 Ford Mustang
GT Premium Convertible RWD
72,200 mi
$30,470
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Red
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 62,726
- Stock #:
- 70289449
- VIN:
- 1FAGP8UH8R5133636
2024 Ford Mustang
EcoBoost Premium Convertible RWD
62,726 mi
$24,147
- 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
$38,000
- 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:
- 6-Speed Manual
- Mileage:
- 32,003
- Stock #:
- P5353
- VIN:
- 1FA6P8CF9N5110775
2022 Ford Mustang
GT Premium Fastback RWD
32,003 mi
$40,099
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Blue
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Gray
- Transmission:
- Automatic
- Mileage:
- 56,217
- Stock #:
- 138828
- VIN:
- 1FA6P8THXN5138828
Sponsored Listing
2022 Ford Mustang
EcoBoost Fastback RWD
56,217 mi
$21,449
CarGurus Analysis: 2023 Ford Mustang
Summary
With 2,618 currently listed for sale and an average price of $31,465, 33.6% of 2023 Ford Mustang listings on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Ford Mustang 5 / 5 stars.
83.0% of 2023 Ford Mustang listings on CarGurus are accident free.
Why it stands out
The 2023 Ford Mustang stands out because it sits at the end of the sixth generation, a long-running redesign that began for the 2015 model year and brought a sleeker, smoother look, coupe and soft-top convertible body styles, and an independent rear suspension. It also marked the first time Ford produced and marketed the Mustang for a global audience, and it was the first Mustang to feature Ford’s EcoBoost engine lineup. That combination gives the 2023 Mustang broad appeal: it remains a rear-wheel-drive sports car with a familiar formula, but it also offers a wider range of engines and transmissions than many rivals.
For 2023, the Mustang could be had with Ford’s EcoBoost turbocharged 2.3-liter inline four-cylinder engine, while other available engines included a 3.7-liter V6, the 5.0-liter Coyote V8, and two versions of the 5.2-liter V8. Transmission choices included two six-speed manuals, six- and 10-speed automatics, and a seven-speed dual-clutch automatic. That variety is one of the Mustang’s biggest strengths, since it lets buyers choose between everyday usability and serious performance. At the same time, shoppers should be aware that EcoBoost models are known for problems with oil consumption and potential head gasket failure, and the transmission may be prone to slippage.
Pricing also helps explain the Mustang’s appeal as a used buy. The average listing price for a 2023 Mustang is about $32,300, which keeps it within reach for shoppers who want an iconic performance car without stepping into the newest model year. Owners also tend to praise its performance, styling, and value, along with the convertible option and strong sound system. On the downside, some buyers note that it lacks luxury features, so the 2023 Mustang is best understood as a driver-focused car first and a comfort-first cruiser second.
Other model years to consider
- 2025 Ford Mustang
- Average price: $42,190
- Good/great deal percentage: 33.7%
- User rating: 5 / 5
- Total listings: 2,920
- 2024 Ford Mustang
- Average price: $38,141
- Good/great deal percentage: 34.4%
- User rating: 4.8 / 5
- Total listings: 2,851
- 2020 Ford Mustang
- Average price: $25,183
- Good/great deal percentage: 32.0%
- User rating: 4.7 / 5
- Total listings: 2,090
Similar models to consider
- 2023 Chevrolet Camaro
- Average price: $38,455
- Good/great deal percentage: 32.5%
- User rating: 4.9 / 5
- Total listings: 1,280
- 2023 Dodge Challenger
- Average price: $42,251
- Good/great deal percentage: 31.6%
- User rating: 4.8 / 5
- Total listings: 2,413
- 2023 Toyota GR86
- Average price: $28,763
- Good/great deal percentage: 27.2%
- User rating: 3.9 / 5
- Total listings: 497
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.
5.0 Overall rating
Filter by rating
John H
Reviewed a 2023 Ford Mustang on Apr 16, 2025
Great car, fun to drive and the ride is way better than what I thought it would be.
Philip L
Reviewed a 2023 Ford GT Fastback RWD on Jan 23, 2026
It doesn’t have a lot of luxury features but the active exhaust is great and for its age and mileage it was a good price.
Atilio E
Reviewed a 2023 Ford GT Premium Fastback RWD on Feb 25, 2026
Great car. Great color. Lots of extra features. Good value for what it has. Wish it had a spoiler. But no biggie. I love it. 1st v8. Hyped!
Johnny S
Reviewed a 2023 Ford Mustang on Jun 10, 2023
From a purely aesthetic standpoint the new Mustangs look like the classic muscle cars of the 60’s and 70’s. It has that wide body and low to the ground appearance you expect from a Ford Mustang. This particular model with its “White Ice Appearance Package” is truly classy. But this vehicle is nothing like the Mustangs of the 60’s and 70’s. It has all the “Bells and Whistles” of the modern technology era! From its state of the art 12 LCD Digital IP CLUSTER, to its SAFETY/SECURITY conscious package this vehicle is truly a marvel and an utter joy to drive. As far as being a good value, I think Ford has done a fairly good job of giving the car buyer the most and best bang for his buck. They’ve incorporated the things people are looking for in a vehicle and done so at a reasonable cost to the consumer. From my point of view the EcoBoost Premium Fastback RWD with the 201A Optional Equipment Package leaves nothing out. It was a great deal for the price and it has everything that I need or even desired in a car.
Compare 2023 Ford Mustang Trims
The Mustang lineup offers a range of trims from budget-friendly EcoBoost models to powerful GT variants, all featuring RWD.
- Starting at $22,752
- 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 | $27,770 | $32,795 | $33,270 | $38,295 | $38,345 | $43,365 | $48,865 | $55,570 |
| Avg. Market Price | $24,347 | $24,538 | $23,159 | $22,752 | $38,447 | $42,432 | $49,110 | $51,608 |
| Positioning | Best value | Standard | Standard | Standard | Standard | Standard | Standard | Fully loaded |
| Standout Features | Backup camera, Bluetooth, Heated seats | Backup camera, Leather seats, Adaptive cruise control | Backup camera, Bluetooth, Heated seats | Backup camera, Bluetooth, Heated seats | Backup camera, Bluetooth, Heated seats | Backup camera, Bluetooth, Navigation system | Backup camera, Bluetooth, Heated seats | Backup camera, Bluetooth, Adaptive suspension |
| Drivetrain | RWD | RWD | RWD | RWD | RWD | RWD | RWD | RWD |
| Listings Available | 609 | 390 | 181 | 1,229 | 529 | 1,063 | 837 | 101 |
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 performance enthusiasts | More features for a small price increase | Affordable convertible option | Most popular trim with great features | Powerful V8 for performance lovers | Premium features with V8 power | Luxury convertible with V8 performance | High-performance with unique features |
| Avg. Market Price | $24,347 | $24,538 | $23,159 | $22,752 | $38,447 | $42,432 | $49,110 | $51,608 |
| MSRP | $27,770 | $32,795 | $33,270 | $38,295 | $38,345 | $43,365 | $48,865 | $55,570 |
| 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 | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Parking Sensors | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | — |
| Bluetooth | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Blind Spot Monitoring | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| CarPlay | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Android Auto | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | — |
| Heated Seats | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | — |
| Remote Start | ✓ | ✓ | ✓ | ✓ | ✓ | — | ✓ | ✓ |
| Multi Zone Climate Control | ✓ | — | — | ✓ | — | — | — | — |
| Navigation System | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Adaptive Cruise Control | — | ✓ | — | — | — | ✓ | ✓ | — |
| Leather Seats | — | ✓ | ✓ | ✓ | — | ✓ | ✓ | ✓ |
| Adaptive Suspension | — | — | — | — | — | — | — | ✓ |
| Active Listings | 609 | 390 | 181 | 1,229 | 529 | 1,063 | 837 | 101 |
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 experience without breaking the bank.
- Avg. market price: $24,347 (updated weekly)
- MPG/MPGe: 21 city / 29 hwy
- Inventory: 609 listings
- View EcoBoost Fastback RWD listings
EcoBoost Premium Fastback RWD — "Who It's For"
The EcoBoost Premium Fastback RWD is ideal for those seeking added luxury features without a significant price jump.
- Avg. market price: $24,538 (updated weekly)
- MPG/MPGe: 21 city / 29 hwy
- Inventory: 390 listings
- View EcoBoost Premium Fastback RWD listings
EcoBoost Convertible RWD — "Who It's For"
The EcoBoost Convertible RWD is perfect for shoppers who want an affordable drop-top experience.
- Avg. market price: $23,159 (updated weekly)
- MPG/MPGe: 20 city / 27 hwy
- Inventory: 181 listings — lower availability; may limit negotiating room
- View EcoBoost Convertible RWD listings
EcoBoost Premium Convertible RWD — "Who It's For"
The EcoBoost Premium Convertible RWD is for those who desire a stylish convertible with premium features at a great price.
- Avg. market price: $22,752 (updated weekly)
- MPG/MPGe: 20 city / 27 hwy
- Inventory: 1,229 listings — widest selection in the lineup
- View EcoBoost Premium Convertible RWD listings
GT Fastback RWD — "Who It's For"
The GT Fastback RWD is the choice for performance enthusiasts wanting a powerful V8 without the highest price tag.
- Avg. market price: $38,447 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 529 listings
- View GT Fastback RWD listings
GT Premium Fastback RWD — "Who It's For"
The GT Premium Fastback RWD is for buyers seeking a blend of luxury and performance in a powerful package.
- Avg. market price: $42,432 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 1,063 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 luxurious convertible experience with V8 power.
- Avg. market price: $49,110 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 837 listings
- View GT Premium Convertible RWD listings
Mach 1 Fastback RWD — "Who It's For"
The Mach 1 Fastback RWD is for performance seekers wanting a fully loaded Mustang with unique features.
- Avg. market price: $51,608 (updated weekly)
- MPG/MPGe: 14 city / 22 hwy
- Inventory: 101 listings — lower availability; may limit negotiating room
- View Mach 1 Fastback RWD listings
Trim Recommendations
Most Popular — EcoBoost Premium Convertible RWD
With 1,229 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 $22,752 avg market price — below the lineup median of $31,492 — 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 excellent fuel efficiency at 21/29 MPG.
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.
2023 Ford Mustang Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2023 Ford Mustang prices has changed over time.
See more price trends2023 Ford Mustang Pricing Analysis
Pricing by Popular US Cities
Market Area: Nationwide
Key Insights
- Highest-Price Market: Chicago, IL leads with an average price of $38,249, indicating a premium market for the Mustang in this city.
- Best Value: Los Angeles, CA offers the lowest average price at $25,693, presenting a significant opportunity for budget-conscious shoppers.
- Inventory Drives Stability: Dallas, TX has the most listings at 138, suggesting a robust supply that may help stabilize prices in this market.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Dallas, TX | 138 | $31,096 |
| Los Angeles, CA | 116 | $25,693 |
| Houston, TX | 86 | $33,523 |
| Miami, FL | 83 | $26,873 |
| Atlanta, GA | 80 | $34,038 |
| Chicago, IL | 55 | $38,249 |
| Washington, DC | 55 | $29,344 |
| New York, NY | 49 | $32,487 |
| Philadelphia, PA | 39 | $31,783 |
| Boston, MA | 32 | $34,891 |
Pricing by Trim Packages
Key Insights
- Volume Leader: The EcoBoost Premium Convertible RWD has the highest listings at 1,231, indicating strong demand for this trim.
- Premium Spread: The Mach 1 Fastback RWD is priced at $55,570, showcasing a significant premium compared to other trims.
- Drivetrain Effect: All trims listed are RWD, which may appeal to performance-oriented buyers, particularly in the Mustang segment.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| EcoBoost Premium Convertible RWD | 1,231 | $38,295 | RWD | 2.3L 310 hp I4 |
| GT Premium Fastback RWD | 1,048 | $43,365 | RWD | 5.0L 450 hp V8 |
| GT Premium Convertible RWD | 840 | $48,865 | RWD | 5.0L 450 hp V8 |
| EcoBoost Fastback RWD | 600 | $27,770 | RWD | 2.3L 310 hp I4 |
| GT Fastback RWD | 533 | $38,345 | RWD | 5.0L 450 hp V8 |
| EcoBoost Premium Fastback RWD | 384 | $32,795 | RWD | 2.3L 310 hp I4 |
| EcoBoost Convertible RWD | 180 | $33,270 | RWD | 2.3L 310 hp I4 |
| Mach 1 Fastback RWD | 98 | $55,570 | 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 $44,808, reflecting a 35.8% premium over its starting MSRP.
- Depreciation Curve: The 2016 model year has the steepest depreciation at -21.2%, indicating significant value loss over time.
- Best Value Sweet Spot: The 2023 model year averages $32,219, which is a 16.0% increase over its starting MSRP, suggesting it may be a favorable option for buyers.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2026 | $32,995 | $44,808 | +35.8% |
| 2025 | $31,920 | $44,000 | +37.8% |
| 2024 | $30,920 | $38,851 | +25.7% |
| 2023 | $27,770 | $32,219 | +16.0% |
| 2022 | $27,470 | $35,012 | +27.5% |
| 2021 | $27,205 | $30,723 | +12.9% |
| 2020 | $26,670 | $25,313 | -5.1% |
| 2019 | $26,395 | $25,848 | -2.1% |
| 2018 | $25,680 | $22,258 | -13.3% |
| 2017 | $25,185 | $20,344 | -19.2% |
| 2016 | $24,145 | $19,023 | -21.2% |
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 2023 Ford Mustang cost?
| Metric | Value |
|---|---|
| Current Average Price | $31,397 |
| Year-Round Low | $28,733 |
| Year-Round High | $33,732 |
| Average Price a Year Ago | $29,510 |
| Change vs. Last Year | +6.39% |
Prices are up 6.39% year-over-year — a sign of continued demand for this model year.
There are 2,595 listings available, which gives you a solid pool of used Mustangs to compare.
Is the 2023 Ford Mustang a good car?
Yes — 5/5 is a strong user rating for the 2023 Ford Mustang. Owners consistently praise its performance, styling, and value, and they also call out the sound system and convertible option as standout positives. That makes it a strong fit if you want a rear-wheel-drive sports car that balances everyday usability with a wide range of engine and transmission choices. With 34.5% of listings marked as good or great deals, you still have room to shop selectively.
Is the 2023 Ford Mustang reliable?
Owners rate it 5/5, a strong signal of long-term satisfaction.
The owner feedback points to a car that many buyers find dependable and enjoyable over time, especially when it comes to the driving experience and overall ownership satisfaction. That said, used buyers should pay close attention to maintenance history and condition, since long-term ownership risk can rise if prior care was inconsistent.
What should I look for when buying a used 2023 Ford Mustang?
Accident-free inventory is solid at 83.2% — always verify the vehicle history report.
You should prioritize a history report first, then focus your inspection on signs of prior damage, uneven wear, or deferred maintenance. Because condition can vary widely in a performance car, a careful pre-purchase inspection matters more than usual. Pay special attention to how the car drives, how it shifts, and whether the overall condition matches the seller’s description.
Is now a good time to buy a used 2023 Ford Mustang?
This looks like a moderate, selective buyer’s market, so you can shop carefully without expecting every listing to be a bargain.
- Deal availability: 34.5% of listings are priced as good or great deals.
- Inventory: There are 2,595 listings available.
- Price trend: Prices are up 6.39% year-over-year.
- Clean inventory: 83.2% of listings are accident-free.
If you find a listing below $28,733, that's toward the low end of the year-round range and worth acting on quickly.
What is the 2023 Ford Mustang's resale value?
The current average of $31,397 sits slightly above last year's $29,510.
That upward move suggests the market still values this model year, which can help support resale strength if you buy carefully and keep the car in good condition. The year-over-year increase also signals that demand has held up well enough to keep prices firm. If you maintain the car properly and avoid examples with accident history or neglected upkeep, you should be in a better position when it comes time to sell.
Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.
Should I buy a 2023 Ford Mustang or consider a different year?
If you're weighing the 2023 against nearby model years, here's how to think about it:
Choose the 2023 if:
- 34.5% of listings are priced as good or great deals.
- Accident-free inventory is solid at 83.2% — always verify the vehicle history report.
- Price trend: Prices are up 6.39% year-over-year.
- Owners rate it 5/5 — a strong satisfaction signal.
Consider the 2024 if:
- At $38,124, the 2024 costs more than the current year's $31,397 average.
- It brings upgraded interior and technology.
The bottom line:
Choose the 2023 if you want the stronger value proposition and a wider pool of listings to compare. If you’re price-sensitive, the 2023 is the better starting point; if you want newer tech and can stretch your budget, the 2024 is the upgrade path to consider.
How does the 2023 Ford Mustang compare to the 2023 Chevrolet Camaro?
| Spec | 2023 Ford Mustang | 2023 Chevrolet Camaro |
|---|---|---|
| Starting MSRP | $27,770 | $26,400 |
| 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 | 28 |
| Average used price | $31,397 | $38,447 |
| Listings available | 2,595 | 1,280 |
| Good & great deal share | 34.5% | 33.4% |
| Accident-free share | 83.2% | 78.7% |
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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