Used 2023 Ford Mustang for Sale nearDetroit, MI
Shop with transparent pricing.
Only show listings that include dealer fees- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5L V8
- Exterior color:
- Blue
- Combined gas mileage:
- 18 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black W/Blue Accents
- Transmission:
- 6-Speed Manual
- Mileage:
- 7,462
- Stock #:
- OP34691
- VIN:
- 1FA6P8R03R5499809
Sponsored Listing
2024 Ford Mustang
Dark Horse Fastback RWD
7,462 mi
$57,314
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Vapor Blue
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- Automatic
- Mileage:
- 25,466
- Stock #:
- 260925B
- VIN:
- 1FA6P8TH5R5101319
Sponsored Listing
2024 Ford Mustang
EcoBoost Premium Fastback RWD
25,466 mi
$30,175
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 470 hp 5L V8
- Exterior color:
- Mischievous Purple Metallic
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 10,427
- Stock #:
- PN5555176
- VIN:
- 1FA6P8R05N5555176
Sponsored Listing
2022 Ford Mustang
Mach 1 Fastback RWD
10,427 mi
$52,275
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5L V8
- Exterior color:
- Blue Ember Metallic
- Combined gas mileage:
- 18 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black W/Blue Accents
- Transmission:
- 6-Speed Manual
- Mileage:
- 2,215
- Stock #:
- F26404A
- VIN:
- 1FA6P8R05R5502418
2024 Ford Mustang
Dark Horse Fastback RWD
2,215 mi
$60,280
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Vapor Blue
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- Automatic
- Mileage:
- 25,466
- Stock #:
- 260925B
- VIN:
- 1FA6P8TH5R5101319
2024 Ford Mustang
EcoBoost Premium Fastback RWD
25,466 mi
$30,175
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Black
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- Automatic
- Mileage:
- 25,322
- Stock #:
- 25288
- VIN:
- 1FA6P8TH0R5111692
2024 Ford Mustang
EcoBoost Premium Fastback RWD
25,322 mi
$30,178
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Shadow Black
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- Automatic
- Mileage:
- 43,774
- Stock #:
- K541P
- VIN:
- 1FAGP8UH1R5127550
2024 Ford Mustang
EcoBoost Premium Convertible RWD
43,774 mi
$27,182
- 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
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 63,632
- Stock #:
- PC5379
- VIN:
- 1FATP8UH0N5120162
2022 Ford Mustang
EcoBoost Premium Convertible RWD
63,632 mi
$18,672
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5L V8
- Exterior color:
- Dark Matter Gray Metallic
- Combined gas mileage:
- 18 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black w/Blue Accents
- Transmission:
- Automatic
- Mileage:
- 7,963
- Stock #:
- X05135B
- VIN:
- 1FA6P8R03R5502336
2024 Ford Mustang
Dark Horse Fastback RWD
7,963 mi
$60,763
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Manual
- Mileage:
- 20,092
- Stock #:
- 5135603
- VIN:
- 1FA6P8CF6N5135603
2022 Ford Mustang
GT Premium Fastback RWD
20,092 mi
$40,396
- 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 Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- Automatic
- Mileage:
- 59,244
- Stock #:
- R5106838T
- VIN:
- 1FA6P8THXR5106838
2024 Ford Mustang
EcoBoost Fastback RWD
59,244 mi
$25,113
- 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:
- 17,409
- Stock #:
- 22577T
- VIN:
- 1FA6P8TH3R5126736
2024 Ford Mustang
EcoBoost Fastback RWD
17,409 mi
$28,130
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5L V8
- Exterior color:
- Blue
- Combined gas mileage:
- 18 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black W/Blue Accents
- Transmission:
- 6-Speed Manual
- Mileage:
- 7,462
- Stock #:
- OP34691
- VIN:
- 1FA6P8R03R5499809
2024 Ford Mustang
Dark Horse Fastback RWD
7,462 mi
$57,314
CarGurus Analysis:
2023 Ford Mustang
With 263 currently listed for sale near Detroit, MI and an average price of $48,900, 13.7% of 2023 Ford Mustangs for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Ford Mustang 5 / 5 stars.
86.3% of 2023 Mustang models on CarGurus are accident free.
- 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:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Blue Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Emberglo
- Transmission:
- Automatic
- Mileage:
- 61,251
- Stock #:
- JU18867
- VIN:
- 1FAGP8UH3R5133785
2024 Ford Mustang
EcoBoost Premium Convertible RWD
61,251 mi
$26,520
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior color:
- Gray
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Manual
- Mileage:
- 23,549
- Stock #:
- EV420616
- VIN:
- 1FA6P8CF8R5420616
2024 Ford Mustang
GT Premium Fastback RWD
23,549 mi
$45,496
- 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
$40,312
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior color:
- Atlas Blue Metallic
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- Automatic
- Mileage:
- 13,308
- Stock #:
- 402478
- VIN:
- 1FA6P8CF9R5402478
2024 Ford Mustang
GT Premium Fastback RWD
13,308 mi
$45,862
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Oxford White
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Space Gray
- Transmission:
- Automatic
- Mileage:
- 57,829
- Stock #:
- 36788P
- VIN:
- 1FAGP8UH3R5123080
2024 Ford Mustang
EcoBoost Premium Convertible RWD
57,829 mi
$24,995
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- 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:
- 20,264
- Stock #:
- N103560
- VIN:
- 1FATP8FFXN5103560
2022 Ford Mustang
GT Premium Convertible RWD
20,264 mi
$42,926
- Year:
- 2022
- 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/Grabber Blue Stitch
- Transmission:
- Automatic
- Mileage:
- 36,863
- Stock #:
- T4758A
- VIN:
- 1FATP8FF5N5110755
2022 Ford Mustang
GT Premium Convertible RWD
36,863 mi
$35,683
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior color:
- Grabber Blue Metallic
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Mileage:
- 26,274
- Stock #:
- 65672A
- VIN:
- 1FA6P8CF6R5407508
2024 Ford Mustang
GT Premium Fastback RWD
26,274 mi
$44,433
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior color:
- Red
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 10,899
- Stock #:
- 426979
- VIN:
- 1FA6P8CF8R5426979
2024 Ford Mustang
GT Fastback RWD
10,899 mi
$44,916
CarGurus Analysis: 2023 Ford Mustang
Summary
With 263 currently listed for sale near Detroit, MI and an average price of $48,900, 13.7% of 2023 Ford Mustangs for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Ford Mustang 5 / 5 stars.
86.3% of 2023 Mustang models 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. That generation kept the Mustang’s coupe and soft-top convertible body styles, added a new electric system for the convertible top, and marked the first time Ford produced and marketed the Mustang for a global audience. It also introduced Ford’s EcoBoost engine lineup and an independent rear suspension, both of which helped modernize the car while preserving its rear-wheel-drive character.
For 2023, the Mustang offered a broad range of engines and transmissions, which is part of its appeal. Base cars used 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. Depending on the engine, buyers could get two six-speed manuals, six- and 10-speed automatics, or a seven-speed dual-clutch automatic. That variety gives the 2023 Mustang a wide performance spread, but shoppers should also know that EcoBoost models are known for oil consumption and potential head gasket failure, and the transmission may be prone to slippage.
As a used buy, the 2023 Ford Mustang can be attractive because it combines iconic styling, strong performance, and a relatively recent model-year position in the lineup. CarGurus data puts the average price for a 2023 model at about $32,300. Owners also tend to praise the car’s performance and driving experience, along with its sound system and convertible feature, though some note that it lacks luxury features.
Other model years to consider
- Average price: $28,222
- Good/great deal percentage: 15.7%
- User rating: 4.73 / 5
- Total listings: 255
- Average price: $23,382
- Good/great deal percentage: 14.0%
- User rating: 4.61 / 5
- Total listings: 264
- Average price: $44,170
- Good/great deal percentage: 12.5%
- User rating: 5 / 5
- Total listings: 248
This analysis is based on CarGurus' proprietary market data from September 8, 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 options to high-performance models, all featuring RWD.
- Starting at $24,226
- 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 | $26,450 | $25,330 | $26,901 | $24,226 | $37,262 | $42,720 | $64,332 | $52,260 |
| Positioning | Best value | Standard | Standard | Standard | Standard | Standard | Standard | Fully loaded |
| Standout Features | Backup camera, Bluetooth | Leather seats, Adaptive cruise control | Heated seats, Navigation system | Heated seats, Blind spot monitoring | Backup camera, Bluetooth | Navigation system, Leather seats | Adaptive cruise control, Bluetooth | Adaptive suspension, Navigation system |
| Drivetrain | RWD | RWD | RWD | RWD | RWD | RWD | RWD | RWD |
| Listings Available | 617 | 474 | 213 | 1,465 | 489 | 1,066 | 831 | 113 |
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 fun with solid features | Most popular trim with great features | Powerful V8 for performance lovers | Premium features in a sporty package | High-end features with V8 power | Performance-focused with unique features |
| Avg. Market Price | $26,450 | $25,330 | $26,901 | $24,226 | $37,262 | $42,720 | $64,332 | $52,260 |
| 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 | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Bluetooth | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Blind Spot Monitoring | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Parking Sensors | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | — |
| CarPlay | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Android Auto | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | — |
| Heated Seats | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Remote Start | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Multi Zone Climate Control | ✓ | — | — | — | — | — | — | — |
| Navigation System | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Leather Seats | — | ✓ | ✓ | ✓ | — | ✓ | ✓ | ✓ |
| Adaptive Cruise Control | — | ✓ | — | — | — | — | ✓ | — |
| Adaptive Suspension | — | — | — | — | — | — | — | ✓ |
| Active Listings | 617 | 474 | 213 | 1,465 | 489 | 1,066 | 831 | 113 |
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 coupe without paying for premium features.
- Avg. market price: $26,450 (updated weekly)
- MPG/MPGe: 21 city / 29 hwy
- Inventory: 617 listings
- View EcoBoost Fastback RWD listings
EcoBoost Premium Fastback RWD — "Who It's For"
The EcoBoost Premium Fastback is the choice for those seeking added luxury without a significant price jump.
- Avg. market price: $25,330 (updated weekly)
- MPG/MPGe: 21 city / 29 hwy
- Inventory: 474 listings
- View EcoBoost Premium Fastback RWD listings
EcoBoost Convertible RWD — "Who It's For"
The EcoBoost Convertible is ideal for buyers wanting a stylish drop-top experience without breaking the bank.
- Avg. market price: $26,901 (updated weekly)
- MPG/MPGe: 20 city / 27 hwy
- Inventory: 213 listings
- View EcoBoost Convertible RWD listings
EcoBoost Premium Convertible RWD — "Who It's For"
The EcoBoost Premium Convertible is perfect for those who desire luxury features in a convertible format.
- Avg. market price: $24,226 (updated weekly)
- MPG/MPGe: 20 city / 27 hwy
- Inventory: 1,465 listings — widest selection in the lineup
- View EcoBoost Premium Convertible RWD listings
GT Fastback RWD — "Who It's For"
The GT Fastback is for performance enthusiasts who want a powerful V8 without the highest price tag.
- Avg. market price: $37,262 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 489 listings
- View GT Fastback RWD listings
GT Premium Fastback RWD — "Who It's For"
The GT Premium Fastback is suited for buyers wanting a blend of performance and luxury features.
- Avg. market price: $42,720 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 1,066 listings — widest selection in the lineup
- View GT Premium Fastback RWD listings
GT Premium Convertible RWD — "Who It's For"
The GT Premium Convertible is for those who want top-tier performance and luxury in a drop-top.
- Avg. market price: $64,332 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 831 listings
- View GT Premium Convertible RWD listings
Mach 1 Fastback RWD — "Who It's For"
The Mach 1 Fastback is for buyers seeking a fully loaded performance vehicle with unique features.
- Avg. market price: $52,260 (updated weekly)
- MPG/MPGe: 14 city / 22 hwy
- Inventory: 113 listings — lower availability; may limit negotiating room
- View Mach 1 Fastback 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 $24,226 avg market price — below the lineup median of $32,081 — 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 at 21/29 MPG.
Browse EcoBoost Fastback RWD listings
These recommendations are based on CarGurus' proprietary market data from September 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: Detroit, MI Market Report
Pricing by Nearby Locations
Market Area: Detroit, MI
Key Insights
- Highest Prices in Toledo, OH: The market in Toledo commands the highest average price at $48,900, likely due to limited inventory and higher demand for performance vehicles.
- Lowest Prices in Cleveland, OH: In contrast, Cleveland offers the lowest average price at $23,677, indicating a more price-sensitive market with potentially higher inventory levels.
- Inventory Variation: Cities like Lake Orion (256 listings) and Jackson (257 listings) show a strong inventory presence, with average prices around $43,450 and $44,435, respectively, suggesting stable pricing dynamics.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Toledo, OH | 276 | $48,900 |
| Lake Orion, MI | 256 | $43,450 |
| Jackson, MI | 257 | $44,435 |
| Ann Arbor, MI | 268 | $42,290 |
| Howell, MI | 263 | $42,290 |
| Flint, MI | 245 | $38,000 |
| Lansing, MI | 248 | $38,985 |
| Saginaw, MI | 236 | $38,000 |
| Cleveland, OH | 287 | $23,677 |
Pricing by Trim Packages
Key Insights
- Diverse Trim Availability: The EcoBoost Premium Convertible RWD is the most available trim with 126 listings, indicating strong demand for this variant.
- Price Range Across Trims: The Mach 1 Fastback RWD is the highest priced trim at $55,570 MSRP, reflecting its performance-oriented features and exclusivity.
- Value in EcoBoost Trims: The EcoBoost Fastback RWD offers a competitive entry point at $27,770 MSRP, appealing to budget-conscious buyers seeking performance.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| EcoBoost Premium Convertible RWD | 126 | $38,295 | RWD | 2.3L 310 hp I4 |
| GT Premium Fastback RWD | 103 | $43,365 | RWD | 5.0L 450 hp V8 |
| GT Premium Convertible RWD | 94 | $48,865 | RWD | 5.0L 450 hp V8 |
| EcoBoost Fastback RWD | 33 | $27,770 | RWD | 2.3L 310 hp I4 |
| GT Fastback RWD | 43 | $38,345 | RWD | 5.0L 450 hp V8 |
| EcoBoost Premium Fastback RWD | 27 | $32,795 | RWD | 2.3L 310 hp I4 |
| EcoBoost Convertible RWD | 19 | $33,270 | RWD | 2.3L 310 hp I4 |
| Mach 1 Fastback RWD | 13 | $55,570 | RWD | 5.0L 470 hp V8 |
Pricing Analysis by Model Year
Key Insights
- Significant Premium for New Models: The 2025 Ford Mustang is priced at $44,045, which is approximately 37.5% above its MSRP, indicating strong demand for the latest model.
- Depreciation Trends: The 2018 Ford Mustang shows a notable depreciation of ~17.9% from its original MSRP, reflecting typical market behavior for vehicles over five years old.
- Best Value in Recent Models: The 2022 Ford Mustang is priced at $32,019, only +16.5% above its MSRP, making it a compelling option for buyers looking for newer models with less depreciation.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2025 Ford Mustang | $31,920 | $44,045 | +37.5% |
| 2024 Ford Mustang | $30,920 | $49,432 | +60.0% |
| 2022 Ford Mustang | $27,470 | $32,019 | +16.5% |
| 2021 Ford Mustang | $27,205 | $36,807 | +35.2% |
| 2020 Ford Mustang | $26,670 | $28,180 | +5.7% |
| 2019 Ford Mustang | $26,395 | $33,576 | +27.2% |
| 2018 Ford Mustang | $25,680 | $21,057 | -17.9% |
| 2017 Ford Mustang | $25,185 | $18,804 | -25.4% |
| 2016 Ford Mustang | $24,145 | $21,829 | -9.0% |
| 2015 Ford Mustang | $23,800 | $27,966 | +17.9% |
| 2014 Ford Mustang | $22,510 | $16,995 | -24.6% |
These recommendations are based on CarGurus' proprietary market data from September 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.
How much does the 2023 Ford Mustang cost?
| Metric | Value |
|---|---|
| Current Average Price | $32,739 |
| Year-Round Low | $28,733 |
| Year-Round High | $33,732 |
| Average Price a Year Ago | $30,527 |
| Change vs. Last Year | +7.25% |
Prices are up 7.25% year-over-year — a sign of continued demand for this model year.
There are 2,972 listings available, which gives you a solid pool to compare prices and equipment.
Is the 2023 Ford Mustang a good car?
Yes — the 2023 Ford Mustang earns a 5/5 user rating, which points to very strong owner satisfaction.
Owners consistently praise the performance and driving experience, and they also call out the sound system and convertible feature as standout positives. The overall appeal is strongest if you want a sporty coupe or convertible with iconic styling and a recent model-year position in the lineup. With 33.0% 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 also points to a car that many people feel good about living with over time, especially when it comes to the driving experience and overall enjoyment. That said, used buyers should still focus on maintenance history and condition, because long-term ownership risk depends heavily on how the car was driven and cared for.
What should I look for when buying a used 2023 Ford Mustang?
Accident-free inventory is solid at 86.8% — always verify the vehicle history report.
You should prioritize a history report first, then inspect the car closely for signs of prior damage, uneven wear, or deferred maintenance. Pay special attention to overall condition and how well the car has been maintained, since those factors matter more than mileage alone. If you are considering an EcoBoost model, make sure the service history is especially thorough.
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 feeling rushed.
- Deal availability: 33.0% of listings are priced as good or great deals.
- Inventory: There are 2,972 listings available.
- Price trend: Prices are up 7.25% year-over-year.
- Clean inventory: 86.8% 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 $32,739 sits slightly above last year's $30,527.
That price movement suggests the market has held up well for this model year, which can help support future resale strength if you buy carefully. A Mustang with strong condition, clean history, and desirable equipment should be easier to move later than one with visible wear or a spotty record. Because demand remains steady, a well-kept example can still appeal to a broad pool of shoppers when it is 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:
- 33.0% of listings are priced as good or great deals.
- Accident-free inventory is solid at 86.8% — always verify the vehicle history report.
- Price trend: Prices are up 7.25% year-over-year.
- Owners rate it 5/5 — a strong satisfaction signal.
Consider the 2024 if:
- At $37,888, the 2024 costs more than the current year's $32,739 average.
- It brings a significantly upgraded interior and technology package.
The bottom line: The 2023 is the better primary pick if you want strong satisfaction, broad availability, and a lower average price. If you are price-sensitive, the 2023 gives you the more approachable entry point while still delivering the Mustang experience; if you want the newer cabin and tech, the 2024 is the upgrade path to consider.
These recommendations are based on CarGurus' proprietary market data from September 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.
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