Used 2023 Ford Mustang for Sale nearMadison, WI

Compare 2023 Ford Mustang Trims

The Mustang lineup offers a range of trims from budget-friendly EcoBoost models to powerful GT variants, all with RWD.

• Starting at $23,673
• Best MPG/MPGe: 21 city / 29 hwy
• Most Popular: EcoBoost Premium Convertible RWD

Trim Overview

Prices updated weekly from CarGurus listings.

Quick Compare Table

Listing prices sourced from CarGurus — updated weekly. OEM specs from manufacturer data.

Missing data displayed as "—".

Trim Deep Dives

EcoBoost Fastback RWD — "Who It's For"

The EcoBoost Fastback is the pick for shoppers who want a sporty Mustang experience without breaking the bank.

• Avg. market price: $25,509 (updated weekly)
• MPG/MPGe: 21 city / 29 hwy
• Inventory: 621 listings
• View EcoBoost Fastback RWD listings

EcoBoost Premium Fastback RWD — "Who It's For"

The EcoBoost Premium Fastback is ideal for those seeking a blend of performance and luxury features without a hefty price tag.

• Avg. market price: $24,531 (updated weekly)
• MPG/MPGe: 21 city / 29 hwy
• Inventory: 420 listings
• View EcoBoost Premium Fastback RWD listings

EcoBoost Convertible RWD — "Who It's For"

The EcoBoost Convertible is perfect for shoppers who desire an open-air driving experience with solid performance.

• Avg. market price: $26,190 (updated weekly)
• MPG/MPGe: 20 city / 27 hwy
• Inventory: 194 listings — lower availability; may limit negotiating room
• View EcoBoost Convertible RWD listings

EcoBoost Premium Convertible RWD — "Who It's For"

The EcoBoost Premium Convertible is for those who want a stylish drop-top with premium features at a competitive price.

• Avg. market price: $23,673 (updated weekly)
• MPG/MPGe: 20 city / 27 hwy
• Inventory: 1,288 listings — widest selection in the lineup
• View EcoBoost Premium Convertible RWD listings

GT Fastback RWD — "Who It's For"

The GT Fastback is the choice for performance enthusiasts who want a powerful V8 without going fully loaded.

• Avg. market price: $38,077 (updated weekly)
• MPG/MPGe: 15 city / 24 hwy
• Inventory: 561 listings
• View GT Fastback RWD listings

GT Premium Fastback RWD — "Who It's For"

The GT Premium Fastback is for buyers seeking a high-performance Mustang with luxury features and a powerful engine.

• Avg. market price: $43,596 (updated weekly)
• MPG/MPGe: 15 city / 24 hwy
• Inventory: 1,101 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 a luxurious open-top experience combined with V8 performance.

• Avg. market price: $50,513 (updated weekly)
• MPG/MPGe: 15 city / 24 hwy
• Inventory: 872 listings
• View GT Premium Convertible RWD listings

Mach 1 Fastback RWD — "Who It's For"

The Mach 1 Fastback is for performance seekers who want a fully loaded Mustang with enhanced capabilities.

• Avg. market price: $52,361 (updated weekly)
• MPG/MPGe: 14 city / 22 hwy
• Inventory: 106 listings — lower availability; may limit negotiating room
• View Mach 1 Fastback RWD listings

Trim Recommendations

Most Popular — EcoBoost Premium Convertible RWD

With 1,288 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 $23,673 avg market price — below the lineup median of $32,133 — 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 October 29, 2026, CarGurus experts' opinions, and generative AI.

How much does the 2023 Ford Mustang cost?

Prices are up 6.61% year-over-year — a sign of continued demand for this model year.

There are 2,747 listings available, which gives you a solid pool to compare prices and equipment.

Is the 2023 Ford Mustang a good car?

Yes — 5/5. Owners consistently praise its performance, aesthetics, and value, and many also highlight the driving experience, the sound system, and the convertible feature. The 2023 Mustang fits well if you want a modern take on an iconic sports car with broad appeal, while some shoppers may still wish for more luxury features. With 34.2% of listings marked as good or great deals, you have a meaningful chance to find a competitive offer.

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 people enjoy living with, especially when it comes to performance and overall satisfaction. Reliability-minded shoppers should still pay close attention to maintenance history and condition, since used sports cars can vary widely in how they were driven and cared for. For long-term ownership, the biggest risk is buying a neglected example rather than a well-kept one.

What should I look for when buying a used 2023 Ford Mustang?

Accident-free inventory is solid at 85.2% — always verify the vehicle history report.

You should prioritize a history report first, then focus on a thorough inspection of the car’s condition and maintenance records. Pay close attention to signs of prior damage, uneven wear, or deferred upkeep, since those issues can matter more than mileage alone. If you are considering an EcoBoost model, make sure the car has been carefully maintained and drives cleanly under load.

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 patiently but still move quickly on the right car.

• Deal availability: 34.2% of listings are priced as good or great deals.
• Inventory: There are 2,747 listings available.
• Price trend: Prices are up 6.61% year-over-year.
• Clean inventory: 85.2% of listings are accident-free.

If you find a listing below $28,725, 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 $31,808 sits slightly above last year's $29,837.

That upward move suggests the market has been willing to pay more for this model year, which can help support resale strength if you buy carefully. A car that holds demand while staying in a broad price band is usually easier to resell later, especially when shoppers still see value in the nameplate. Strong listing volume also helps because it gives future buyers more chances to compare and shop your car.

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:

• 34.2% of listings are priced as good or great deals.
• Accident-free inventory is solid at 85.2% — always verify the vehicle history report.
• Price trend: Prices are up 6.61% year-over-year.
• Owners rate it 5/5 — a strong satisfaction signal.

Consider the 2024 if:

• At $38,115, the 2024 costs more than the current year's $31,808 average.
• It adds a more modern cabin and updated technology.

The bottom line:
You should lean toward the 2023 if you want a strong mix of value, satisfaction, and available inventory. If you are price-sensitive, the 2023 is the easier buy because it sits well below the 2024’s average price while still offering broad market choice. If you want the newer interior and tech upgrades, the 2024 is the better path, but you will pay more for it.

How does the 2023 Ford Mustang compare to the 2023 Chevrolet Camaro?

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from October 27, 2026, CarGurus experts' opinions, and generative AI.