Used 2023 Ford Mustang for Sale near Iowa
Shop with transparent pricing.
Only show listings that include dealer fees- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Race Red
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 49,816
- Stock #:
- U7494
- VIN:
- 1FATP8UH0P5110993
Sponsored Listing
2023 Ford Mustang
EcoBoost Premium Convertible RWD
49,816 mi
$22,850
- 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:
- Automatic
- Mileage:
- 20,990
- Stock #:
- 27203A
- VIN:
- 1FA6P8CF5N5111485
Sponsored Listing
2022 Ford Mustang
GT Premium Fastback RWD
20,990 mi
$42,780
- 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:
- 20,254
- Stock #:
- R8788
- VIN:
- 1FA6P8CF5R5422730
2024 Ford Mustang
GT Fastback RWD
20,254 mi
$38,774
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Mischievous Purple
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Dark Ceramic
- Transmission:
- Automatic
- Mileage:
- 9,807
- Stock #:
- 4349
- VIN:
- 1FA6P8CF3N5145330
2022 Ford Mustang
GT Premium Fastback RWD
9,807 mi
$39,405
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- 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:
- Space Gray
- Transmission:
- Automatic
- Mileage:
- 21,277
- Stock #:
- 3U1705
- VIN:
- 1FA6P8TH9R5104112
2024 Ford Mustang
EcoBoost Premium Fastback RWD
21,277 mi
$30,282
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Race Red
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 49,816
- Stock #:
- U7494
- VIN:
- 1FATP8UH0P5110993
2023 Ford Mustang
EcoBoost Premium Convertible RWD
49,816 mi
$22,850
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior color:
- Iconic Silver Metallic
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- 6-Speed Manual
- Mileage:
- 22,955
- Stock #:
- 410197
- VIN:
- 1FA6P8CF8R5410197
2024 Ford Mustang
GT Premium Fastback RWD
22,955 mi
$47,641
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5L V8
- Exterior color:
- Black
- Combined gas mileage:
- 18 MPG
- Fuel type:
- Gasoline
- Interior color:
- Blue
- Transmission:
- Automatic
- Mileage:
- 18,829
- Stock #:
- 70269839
- VIN:
- 1FA6P8R03R5505978
2024 Ford Mustang
Dark Horse Fastback RWD
18,829 mi
$57,597
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Atlas Blue Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Space Gray
- Transmission:
- Automatic
- Mileage:
- 17,999
- Stock #:
- 11308URAV
- VIN:
- 1FA6P8TH1R5110678
-$1,203
2024 Ford Mustang
EcoBoost Fastback RWD
17,999 mi
$28,591
$27,388
- 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
$42,547
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Shadow Black
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony W/Metal Gray Stitch)
- Transmission:
- Automatic
- Mileage:
- 57,821
- Stock #:
- P2562M
- VIN:
- 1FA6P8TH4N5114329
2022 Ford Mustang
EcoBoost Premium Fastback RWD
57,821 mi
$23,864
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- White
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 35,117
- Stock #:
- 112467
- VIN:
- 1FA6P8CF8N5112467
2022 Ford Mustang
GT Premium Fastback RWD
35,117 mi
$37,815
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5L V8
- Exterior color:
- Carbonized Gray
- Combined gas mileage:
- 18 MPG
- Fuel type:
- Gasoline
- Interior color:
- Blue (Deep Indigo)
- Transmission:
- 10-Speed Automatic
- Mileage:
- 820
- Stock #:
- 507170
- VIN:
- 1FA6P8R09R5507170
2024 Ford Mustang
Dark Horse Fastback RWD
820 mi
$64,988
CarGurus Analysis:
2023 Ford Mustang
With 2,735 currently listed for sale and an average price of $32,424, 33.5% 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.
85.2% of 2023 Ford Mustang listings 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:
- Oxford White
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 26,418
- Stock #:
- 66275X
- VIN:
- 1FA6P8CF2P5301375
2023 Ford Mustang
GT Fastback RWD
26,418 mi
$37,608
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior color:
- Black
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Red
- Transmission:
- Manual
- Mileage:
- 8,035
- Stock #:
- 28362691
- VIN:
- 1FA6P8CF4R5431502
2024 Ford Mustang
GT Premium Fastback RWD
8,035 mi
$44,597
- 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:
- Automatic
- Mileage:
- 20,990
- Stock #:
- 27203A
- VIN:
- 1FA6P8CF5N5111485
2022 Ford Mustang
GT Premium Fastback RWD
20,990 mi
$42,780
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- 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:
- 18,208
- Stock #:
- D2194B
- VIN:
- 1FA6P8CF5R5435848
2024 Ford Mustang
GT Fastback RWD
18,208 mi
$40,686
- 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:
- 23,582
- Stock #:
- R8666
- VIN:
- 1FA6P8CFXR5420729
2024 Ford Mustang
GT Premium Fastback RWD
23,582 mi
$39,774
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 470 hp 5L V8
- Exterior color:
- Race Red
- Combined gas mileage:
- 18 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony w/Metal Gray Stitch)
- Transmission:
- 6-Speed Manual
- Mileage:
- 3,649
- Stock #:
- N5550391NT
- VIN:
- 1FA6P8R06N5550391
2022 Ford Mustang
Mach 1 Fastback RWD
3,649 mi
$55,980
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior color:
- Oxford White
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Blue (Navy Pier)
- Transmission:
- 10-Speed Automatic
- Mileage:
- 2,462
- Stock #:
- BP7974
- VIN:
- 1FA6P8CFXR5432170
2024 Ford Mustang
GT Premium Fastback RWD
2,462 mi
$48,606
- 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
$38,462
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Silver Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Baja
- Transmission:
- Automatic
- Mileage:
- 50,564
- Stock #:
- MU56184
- VIN:
- 1FAGP8UH9R5130566
2024 Ford Mustang
EcoBoost Premium Convertible RWD
50,564 mi
$27,716
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- 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:
- Baja
- Transmission:
- Automatic
- Mileage:
- 55,004
- Stock #:
- CU7776
- VIN:
- 1FAGP8UH0R5139835
2024 Ford Mustang
EcoBoost Premium Convertible RWD
55,004 mi
$26,761
CarGurus Analysis: 2023 Ford Mustang
Summary
With 2,735 currently listed for sale and an average price of $32,424, 33.5% 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.
85.2% 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 version that was revealed in late 2013 and began production in the summer of 2014 for the 2015 model year. That generation kept the Mustang’s familiar coupe and soft-top convertible body styles, its rear-wheel-drive layout, and its global-market ambitions, while also introducing Ford’s EcoBoost engine lineup and an independent rear suspension as part of the redesign. For shoppers, that combination makes the 2023 Mustang appealing as a modern take on an iconic nameplate: it still delivers the classic Mustang formula, but with a broader range of engines and transmissions than earlier versions.
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, depending on engine, included two six-speed manuals, six- and 10-speed automatics, and a seven-speed dual-clutch automatic. That breadth is one of the car’s biggest strengths, but buyers should also be aware that EcoBoost models are known for oil consumption and potential head gasket failure, and the transmission may be prone to slippage. Used shoppers should also keep in mind that the average listing price for a 2023 Mustang is about $32,300, and that owners commonly praise its performance, styling, and value, while some note a lack of luxury features.
Other model years to consider
- 2025 Ford Mustang
- Average price: $42,279
- Good/great deal percentage: 34.6%
- User rating: 5 / 5
- Total listings: 3,106
- 2024 Ford Mustang
- Average price: $37,950
- Good/great deal percentage: 34.4%
- User rating: 4.75 / 5
- Total listings: 3,013
- 2020 Ford Mustang
- Average price: $25,689
- Good/great deal percentage: 30.5%
- User rating: 4.73 / 5
- Total listings: 2,186
Similar models to consider
- 2023 Chevrolet Camaro
- Average price: $39,094
- Good/great deal percentage: 32.7%
- User rating: 4.91 / 5
- Total listings: 1,323
- 2023 Dodge Challenger
- Average price: $42,881
- Good/great deal percentage: 30.8%
- User rating: 4.81 / 5
- Total listings: 2,521
- 2023 Toyota GR86
- Average price: $29,292
- Good/great deal percentage: 30.6%
- User rating: 3.88 / 5
- Total listings: 493
This analysis is based on CarGurus' proprietary market data from October 19, 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 $23,765
- 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 | $26,099 | $24,409 | $25,700 | $23,765 | $37,657 | $42,988 | $52,516 | $51,831 |
| Positioning | Best value | Standard | Standard | Standard | Standard | Standard | Standard | Fully loaded |
| Standout Features | Backup camera, Bluetooth | Adaptive cruise control, Leather seats | Heated seats, Navigation system | Heated seats, Leather seats | Backup camera, Navigation system | Blind spot monitoring, Leather seats | Adaptive cruise control, Navigation system | Adaptive suspension, Leather seats |
| Drivetrain | RWD | RWD | RWD | RWD | RWD | RWD | RWD | RWD |
| Listings Available | 605 | 430 | 198 | 1,296 | 555 | 1,097 | 879 | 110 |
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 budget-conscious shoppers | Offers more luxury features | Stylish convertible option | Most popular trim with great features | Performance-focused with V8 power | Premium features and comfort | High-end performance convertible | Fully loaded with advanced features |
| Avg. Market Price | $26,099 | $24,409 | $25,700 | $23,765 | $37,657 | $42,988 | $52,516 | $51,831 |
| 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 | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Leather Seats | — | ✓ | ✓ | ✓ | — | ✓ | ✓ | ✓ |
| Adaptive Cruise Control | — | ✓ | — | — | — | — | ✓ | — |
| Adaptive Suspension | — | — | — | — | — | — | — | ✓ |
| Active Listings | 605 | 430 | 198 | 1,296 | 555 | 1,097 | 879 | 110 |
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 Mustang experience without breaking the bank.
- Avg. market price: $26,099 (updated weekly)
- MPG/MPGe: 21 city / 29 hwy
- Inventory: 605 listings
- View EcoBoost Fastback RWD listings
EcoBoost Premium Fastback RWD — "Who It's For"
The EcoBoost Premium Fastback RWD is ideal for those seeking a blend of performance and luxury features without the higher price tag of V8 models.
- Avg. market price: $24,409 (updated weekly)
- MPG/MPGe: 21 city / 29 hwy
- Inventory: 430 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 open-air driving experience with solid performance and features.
- Avg. market price: $25,700 (updated weekly)
- MPG/MPGe: 20 city / 27 hwy
- Inventory: 198 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 the choice for those who desire a stylish convertible with premium features at an accessible price.
- Avg. market price: $23,765 (updated weekly)
- MPG/MPGe: 20 city / 27 hwy
- Inventory: 1,296 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 engine without stepping up to the highest trim.
- Avg. market price: $37,657 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 555 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 high-performance Mustang with luxury features and comfort.
- Avg. market price: $42,988 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 1,097 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 and powerful convertible experience with advanced features.
- Avg. market price: $52,516 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 879 listings
- View GT Premium Convertible RWD listings
Mach 1 Fastback RWD — "Who It's For"
The Mach 1 Fastback RWD is the choice for buyers seeking a fully loaded performance Mustang with advanced features and a powerful engine.
- Avg. market price: $51,831 (updated weekly)
- MPG/MPGe: 14 city / 22 hwy
- Inventory: 110 listings — lower availability; may limit negotiating room
- View Mach 1 Fastback RWD listings
Trim Recommendations
Most Popular — EcoBoost Premium Convertible RWD
With 1,296 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 $23,765 avg market price — below the lineup median of $31,878 — 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 October 22, 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: Philadelphia, PA leads with an average price of $50,390, indicating a premium market for the Mustang.
- Best Value: Los Angeles, CA offers the lowest average price at $27,027, presenting a significant opportunity for budget-conscious shoppers.
- Inventory Drives Stability: Atlanta, GA has the most listings at 383, suggesting a robust supply that may stabilize pricing in that market.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Atlanta, GA | 383 | $37,730 |
| Dallas, TX | 364 | $32,746 |
| Houston, TX | 334 | $30,519 |
| Washington, DC | 319 | $32,078 |
| Chicago, IL | 318 | $38,654 |
| Miami, FL | 300 | $29,418 |
| New York, NY | 299 | $34,246 |
| Los Angeles, CA | 293 | $27,027 |
| Philadelphia, PA | 287 | $50,390 |
| Boston, MA | 262 | $31,391 |
Pricing by Trim Packages
Key Insights
- Volume Leader: The EcoBoost Premium Convertible RWD has the highest listings at 1,288, indicating strong demand for this trim.
- Premium Spread: The Mach 1 Fastback RWD is priced at $55,570, showcasing a significant premium over other trims, reflecting its performance-oriented 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 | 1,288 | $38,295 | RWD | 2.3L 310 hp I4 |
| GT Premium Fastback RWD | 1,093 | $43,365 | RWD | 5.0L 450 hp V8 |
| GT Premium Convertible RWD | 870 | $48,865 | RWD | 5.0L 450 hp V8 |
| EcoBoost Fastback RWD | 598 | $27,770 | RWD | 2.3L 310 hp I4 |
| GT Fastback RWD | 549 | $38,345 | RWD | 5.0L 450 hp V8 |
| EcoBoost Premium Fastback RWD | 431 | $32,795 | RWD | 2.3L 310 hp I4 |
| EcoBoost Convertible RWD | 199 | $33,270 | RWD | 2.3L 310 hp I4 |
| Mach 1 Fastback RWD | 108 | $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 $46,103, reflecting a 39.7% premium over its starting MSRP, indicating strong demand for newer models.
- Depreciation Curve: The 2016 model year has the steepest depreciation at -19.6%, suggesting that older models may present better value for budget-conscious buyers.
- Best Value Sweet Spot: The 2023 model year averages $33,534, which is 20.8% above its starting MSRP, indicating a favorable balance of price and features for current shoppers.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2026 | $32,995 | $46,103 | +39.7% |
| 2025 | $31,920 | $44,606 | +39.7% |
| 2024 | $30,920 | $40,108 | +29.7% |
| 2023 | $27,770 | $33,534 | +20.8% |
| 2022 | $27,470 | $35,505 | +29.3% |
| 2021 | $27,205 | $31,869 | +17.1% |
| 2020 | $26,670 | $26,347 | -1.2% |
| 2019 | $26,395 | $26,336 | -0.2% |
| 2018 | $25,680 | $22,957 | -10.6% |
| 2017 | $25,185 | $21,277 | -15.5% |
| 2016 | $24,145 | $19,405 | -19.6% |
| 2015 | $23,800 | $20,292 | -14.7% |
These recommendations are based on CarGurus' proprietary market data from October 21, 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 | $32,247 |
| Year-Round Low | $28,728 |
| Year-Round High | $33,726 |
| Average Price a Year Ago | $29,771 |
| Change vs. Last Year | +8.32% |
Prices are up 8.32% year-over-year — a sign of continued demand for this model year.
There are 2,742 listings available, which gives you a solid pool to compare prices and conditions.
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 its performance, styling, and value, and many also highlight the driving experience and the convertible feature. The overview also frames it as a modern take on an iconic nameplate, which fits if you want a rear-wheel-drive sports car with broad engine and transmission choices. With 32.2% 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 summary points to a car that many people enjoy living with, and it specifically reflects a dependable ownership experience for a lot of shoppers. That said, the model-year overview also flags potential trouble spots on some versions, so reliability can depend heavily on how the car was maintained and which configuration you choose. For used buyers, that means long-term ownership risk is manageable if you focus on condition, service history, and a careful pre-purchase inspection.
What should I look for when buying a used 2023 Ford Mustang?
Accident-free inventory is solid at 85% — always verify the vehicle history report.
You should start with a history report to confirm accident status, title history, and maintenance patterns. Put inspection priority on the drivetrain and any signs of wear that could affect long-term ownership, especially if the car has higher mileage or a performance-oriented setup. Focus on overall condition, because a clean-looking listing can still hide deferred maintenance or prior damage.
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 with some leverage if you stay patient.
- Deal availability: 32.2% of listings are priced as good or great deals.
- Inventory: There are 2,742 listings available.
- Price trend: Prices are up 8.32% year-over-year.
- Clean inventory: 85.0% of listings are accident-free.
If you find a listing below $28,728, 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 $32,247 sits slightly above last year's $29,771.
That upward move suggests the market has been willing to pay more for this model year, which is a positive sign if you plan to sell later. A stronger current price can help support resale value, especially when demand stays steady and inventory remains active. If you buy well and keep the car in good condition, you should have a reasonable path to holding value.
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:
- 32.2% of listings are priced as good or great deals.
- Accident-free inventory is solid at 85% — always verify the vehicle history report.
- Price trend: Prices are up 8.32% year-over-year.
- Owners rate it 5/5 — a strong satisfaction signal.
Consider the 2024 if:
- At $38,016, the 2024 costs more than the current year's $32,247 average.
- It brings a more modern cabin and updated tech.
The bottom line: The 2023 is the better starting point if you want a strong mix of price, inventory, and owner satisfaction. If you want the newer cabin and tech and are willing to pay more, the 2024 is the upgrade path; if value matters most, the 2023 is the smarter buy.
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 | $32,247 | $39,006 |
| Listings available | 2,742 | 1,341 |
| Good & great deal share | 32.2% | 30.1% |
| Accident-free share | 85.0% | 81.1% |
Read our full side-by-side expert comparison here.
These recommendations are based on CarGurus' proprietary market data from October 21, 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.
Relevant articles
The Best Vehicles for Road Trips in 2026
Planning a road trip? While any car can do the job, certain vehicles are simply better for an adventure. Check out our top 10 recommendations based on your specific needs.
The Best Cheap Fast Cars of 2026
You don’t need to spend a lot to get a fast car. Surprisingly, some of the more budget-friendly options also happen to provide the most enjoyable driving experiences. Here are our top new car picks.
The Best Track Cars of 2026
The best track day cars can handle a hard day of racing and then head back home to serve as a daily driver. Here are our picks for the very best track car choices in 2025.
