Used 2023 Ford Mustang for Sale nearNewark, NJ
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:
- Shadow Black
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 38,252
- Stock #:
- U11411
- VIN:
- 1FATP8UH0P5107396
Sponsored by Newins Bay Shore Ford
2023 Ford Mustang
EcoBoost Premium Convertible RWD
38,252 mi
$24,150
- 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:
- Space Gray
- Transmission:
- Automatic
- Mileage:
- 48,384
- Stock #:
- 2017
- VIN:
- 1FAGP8UH6R5141041
-$500
Sponsored Listing
2024 Ford Mustang
EcoBoost Premium Convertible RWD
48,384 mi
$23,193
$22,693
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5L V8
- Exterior color:
- Race Red
- Combined gas mileage:
- 18 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 10,381
- Stock #:
- PM499790
- VIN:
- 1FA6P8R08R5499790
Sponsored Listing
2024 Ford Mustang
Dark Horse Fastback RWD
10,381 mi
$58,720
- 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:
- 38,252
- Stock #:
- U11411
- VIN:
- 1FATP8UH0P5107396
2023 Ford Mustang
EcoBoost Premium Convertible RWD
38,252 mi
$24,150
- 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:
- Gray
- Transmission:
- Automatic
- Mileage:
- 38,127
- Stock #:
- M1170E
- VIN:
- 1FA6P8CF5R5426907
2024 Ford Mustang
GT Premium Fastback RWD
38,127 mi
$41,228
- 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:
- Black
- Transmission:
- Automatic
- Mileage:
- 65,310
- Stock #:
- 2780C
- VIN:
- 1FA6P8THXR5107665
2024 Ford Mustang
EcoBoost Premium Fastback RWD
65,310 mi
$22,724
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Gray Metallic
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony W/Metal Gray Stitch)
- Transmission:
- Automatic
- Mileage:
- 39,253
- Stock #:
- STK109005
- VIN:
- 1FA6P8CFXN5109005
2022 Ford Mustang
GT Premium Fastback RWD
39,253 mi
$37,621
- 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 Metallic
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 79,040
- Stock #:
- 51007
- VIN:
- 1FATP8UH8N5118773
2022 Ford Mustang
EcoBoost Premium Convertible RWD
79,040 mi
$17,869
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Dark Matter Gray
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 9,462
- Stock #:
- 144013
- VIN:
- 1FA6P8CF8N5144013
2022 Ford Mustang
GT Fastback RWD
9,462 mi
$39,770
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Dark Matter Gray Metallic
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 7,793
- Stock #:
- 26R49A
- VIN:
- 1FA6P8CF8P5300778
2023 Ford Mustang
GT Fastback RWD
7,793 mi
$39,646
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Red
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 28,032
- Stock #:
- OL140784
- VIN:
- 1FA6P8TH4N5140784
2022 Ford Mustang
EcoBoost Fastback RWD
28,032 mi
$21,289
- 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:
- Black (Ebony)
- Transmission:
- 6-Speed Manual
- Mileage:
- 26,187
- Stock #:
- 132867
- VIN:
- 1FA6P8CF3N5132867
2022 Ford Mustang
GT Fastback RWD
26,187 mi
$36,761
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior color:
- Gray Metallic
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- 6-Speed Manual
- Mileage:
- 24,161
- Stock #:
- STK406657
- VIN:
- 1FA6P8CF7R5406657
2024 Ford Mustang
GT Fastback RWD
24,161 mi
$41,661
CarGurus Analysis:
2023 Ford Mustang
With 283 currently listed for sale near Newark, NJ and an average price of $31,559, 21.2% 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.
100.0% 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:
- Oxford 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
$34,744
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- 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:
- 36,131
- Stock #:
- MR133497
- VIN:
- 1FAGP8UH9R5133497
2024 Ford Mustang
EcoBoost Premium Convertible RWD
36,131 mi
$26,811
- 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:
- Automatic
- Mileage:
- 3,051
- Stock #:
- GUPT1427
- VIN:
- 1FA6P8R03R5507732
2024 Ford Mustang
Dark Horse Fastback RWD
3,051 mi
$61,171
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 470 hp 5L V8
- Exterior color:
- Grabber Blue Metallic
- Combined gas mileage:
- 18 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony/Dove)
- Transmission:
- 6-Speed Manual
- Mileage:
- 4,154
- Stock #:
- N5555455
- VIN:
- 1FA6P8R09N5555455
2022 Ford Mustang
Mach 1 Fastback RWD
4,154 mi
$53,830
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Black
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 23,353
- Stock #:
- 22427
- VIN:
- 1FA6P8CF4P5302267
2023 Ford Mustang
GT Fastback RWD
23,353 mi
$37,634
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Blue
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 10-Speed Automatic
- Mileage:
- 54,865
- Stock #:
- 126299
- VIN:
- 1FATP8FF8N5126299
2022 Ford Mustang
GT Premium Convertible RWD
54,865 mi
$33,995
- 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:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 19,556
- Stock #:
- 29091819
- VIN:
- 1FA6P8CF0R5430900
2024 Ford Mustang
GT Fastback RWD
19,556 mi
$43,147
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Gray
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 20,000
- Stock #:
- 70277002
- VIN:
- 1FA6P8CF2P5301182
2023 Ford Mustang
GT Premium Fastback RWD
20,000 mi
$43,897
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Gray
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 58,349
- Stock #:
- 28667502
- VIN:
- 1FA6P8TH3N5111812
2022 Ford Mustang
EcoBoost Premium Fastback RWD
58,349 mi
$23,998
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior color:
- Rapid Red Metallic Tinted Clearcoat
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- 6-Speed Manual
- Mileage:
- 8,086
- Stock #:
- BR5416881
- VIN:
- 1FA6P8CF7R5416881
Sponsored Listing
2024 Ford Mustang
GT Premium Fastback RWD
8,086 mi
$47,994
CarGurus Analysis: 2023 Ford Mustang
Summary
With 283 currently listed for sale near Newark, NJ and an average price of $31,559, 21.2% 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.
100.0% 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: $45,520
- Good/great deal percentage: 26.1%
- User rating: 5 / 5
- Total listings: 261
- Average price: $25,033
- Good/great deal percentage: 22.4%
- User rating: 4.71 / 5
- Total listings: 232
- Average price: $26,989
- Good/great deal percentage: 17.4%
- User rating: 4.73 / 5
- Total listings: 259
This analysis is based on CarGurus' proprietary market data from September 28, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
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 in Newark, NJ
The 2023 Ford Mustang offers a range of trims from budget-friendly options to high-performance models, all featuring RWD.
- Starting at $21,327
- 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 | $22,149 | $31,690 | $31,690 | $21,327 | $31,690 | $39,995 | $39,999 | $43,698 |
| Positioning | Best value | Standard | Standard | Standard | Standard | Standard | Standard | Fully loaded |
| Standout Features | Backup camera, Bluetooth, Heated seats | Backup camera, Blind spot monitoring, Leather seats | Backup camera, Bluetooth, Heated seats | Backup camera, Bluetooth, Leather seats | Backup camera, Bluetooth, Heated seats | Backup camera, Bluetooth, Leather seats | Leather seats, Bluetooth, Heated seats | Bluetooth, Backup camera, Navigation system |
| Drivetrain | RWD | RWD | RWD | RWD | RWD | RWD | RWD | RWD |
| Listings Available | 42 | 39 | 33 | 132 | 60 | 102 | 96 | 21 |
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 | A well-rounded option with premium features | Convertible style with solid performance | Most popular choice with great features | Performance-focused with V8 power | Premium features and performance | High-end features with V8 power | Fully loaded for performance enthusiasts |
| Avg. Market Price | $22,149 | $31,690 | $31,690 | $21,327 | $31,690 | $39,995 | $39,999 | $43,698 |
| 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 | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Android Auto | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| CarPlay | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | — |
| Heated Seats | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Remote Start | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | — |
| Navigation System | ✓ | ✓ | ✓ | ✓ | — | ✓ | ✓ | ✓ |
| Multi Zone Climate Control | ✓ | — | — | ✓ | — | — | — | — |
| Leather Seats | — | ✓ | — | ✓ | ✓ | ✓ | ✓ | ✓ |
| Adaptive Cruise Control | — | ✓ | ✓ | — | — | — | ✓ | — |
| Adaptive Suspension | — | — | — | — | — | — | — | ✓ |
| Active Listings | 42 | 39 | 33 | 132 | 60 | 102 | 96 | 21 |
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: $22,149 (updated weekly)
- MPG/MPGe: 21 city / 29 hwy
- Inventory: 42 listings
- View EcoBoost Fastback RWD listings
EcoBoost Premium Fastback RWD — "Who It's For"
The EcoBoost Premium Fastback is the choice for those seeking a blend of performance and luxury features without a hefty price tag.
- Avg. market price: $31,690 (updated weekly)
- MPG/MPGe: 21 city / 29 hwy
- Inventory: 39 listings
- View EcoBoost Premium Fastback RWD listings
EcoBoost Convertible RWD — "Who It's For"
The EcoBoost Convertible is ideal for shoppers who want the thrill of open-air driving with solid performance and features.
- Avg. market price: $31,690 (updated weekly)
- MPG/MPGe: 20 city / 27 hwy
- Inventory: 33 listings
- View EcoBoost Convertible RWD listings
EcoBoost Premium Convertible RWD — "Who It's For"
The EcoBoost Premium Convertible is perfect for those who desire a stylish convertible with premium features and a strong performance.
- Avg. market price: $21,327 (updated weekly)
- MPG/MPGe: 20 city / 27 hwy
- Inventory: 132 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 engine without the highest price tag in the lineup.
- Avg. market price: $31,690 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 60 listings
- View GT Fastback RWD listings
GT Premium Fastback RWD — "Who It's For"
The GT Premium Fastback is the choice for buyers seeking a high-performance Mustang with luxury features and advanced technology.
- Avg. market price: $39,995 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 102 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 high-performance convertible with all the luxury features and tech.
- Avg. market price: $39,999 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 96 listings
- View GT Premium Convertible RWD listings
Mach 1 Fastback RWD — "Who It's For"
The Mach 1 Fastback is for performance aficionados who want a fully loaded Mustang with enhanced capabilities and features.
- Avg. market price: $43,698 (updated weekly)
- MPG/MPGe: 14 city / 22 hwy
- Inventory: 21 listings
- View Mach 1 Fastback RWD listings
Trim Recommendations
Most Popular — EcoBoost Premium Convertible RWD
With 132 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 $21,327 avg market price — below the lineup median of $31,690 — 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/MPGe.
Browse EcoBoost Fastback RWD listings
These recommendations are based on CarGurus' proprietary market data from September 24, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
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: Newark, NJ Market Report
Pricing by Nearby Locations
Market Area: Newark, NJ
Key Insights
- Highest Prices in Allentown, PA: The market in Allentown commands the highest average price at $58,088, likely due to limited inventory and high demand for performance vehicles.
- Lowest Prices in Newburgh, NY: Conversely, Newburgh offers the lowest average price at $24,995, indicating a more price-sensitive market or higher inventory turnover.
- Inventory Variation: Cities like New Brunswick (304 listings) and Trenton (304 listings) show significant inventory, but their prices are notably higher, suggesting regional demand dynamics at play.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Allentown, PA | 279 | $58,088 |
| Trenton, NJ | 304 | $47,529 |
| New Brunswick, NJ | 304 | $42,372 |
| Philadelphia, PA | 286 | $51,391 |
| New York, NY | 288 | $30,835 |
| Holtsville, NY | 262 | $27,452 |
| Stamford, CT | 288 | $26,827 |
| Toms River, NJ | 274 | $57,463 |
| New Haven, CT | 258 | $40,353 |
| Newburgh, NY | 260 | $24,995 |
Pricing Analysis by Model Year
Key Insights
- Significant New-Car Premium: The 2026 Ford Mustang is priced at $53,981, which is approximately 65.9% above its MSRP, indicating strong demand for the latest model.
- Depreciation Trends: The 2021 Ford Mustang shows a notable depreciation of -16.6% compared to its original MSRP, reflecting typical market behavior for vehicles over two years old.
- Best Value Years: The 2022 Ford Mustang is priced at $28,634, only +0.6% above its MSRP, making it a compelling option for buyers seeking a nearly new vehicle with minimal depreciation.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 Ford Mustang | $32,640 | $53,981 | +65.9% |
| 2025 Ford Mustang | $31,920 | $43,026 | +34.8% |
| 2024 Ford Mustang | $30,920 | $36,405 | +17.7% |
| 2022 Ford Mustang | $27,470 | $28,634 | +0.6% |
| 2021 Ford Mustang | $27,205 | $22,689 | -16.6% |
| 2020 Ford Mustang | $26,670 | $27,810 | +4.3% |
| 2019 Ford Mustang | $26,395 | $25,865 | -2.0% |
| 2018 Ford Mustang | $25,680 | $21,778 | -15.3% |
| 2017 Ford Mustang | $25,185 | $18,076 | -28.3% |
| 2016 Ford Mustang | $24,145 | $18,279 | -24.4% |
| 2015 Ford Mustang | $23,800 | $14,954 | -37.2% |
| 2014 Ford Mustang | $22,510 | $12,818 | -43.2% |
These recommendations are based on CarGurus' proprietary market data from September 23, 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 | $32,845 |
| Year-Round Low | $28,725 |
| Year-Round High | $33,736 |
| Average Price a Year Ago | $30,207 |
| Change vs. Last Year | +8.73% |
Prices are up 8.73% year-over-year — a sign of continued demand for this model year.
There are 2,782 listings available, which gives you a meaningful pool to compare prices and equipment.
Is the 2023 Ford Mustang a good car?
Yes — owners give it 5/5, and the review summary points to strong performance, appealing styling, and solid value. You also see repeated praise for the driving experience, the sound system, and the convertible feature, while some owners note that it lacks luxury features. If you want a used sports car with broad appeal and everyday usability, the 2023 Mustang fits that role well. With 33.8% 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 review summary also emphasizes that owners find it dependable enough to recommend for its performance and overall ownership experience. For used buyers, that means reliability concerns are less about broad owner dissatisfaction and more about checking individual-condition issues carefully before you commit. Long-term ownership risk is best managed by verifying maintenance history and avoiding neglected examples.
What should I look for when buying a used 2023 Ford Mustang?
Accident-free inventory is solid at 86.3% — always verify the vehicle history report.
You should prioritize a history report first, then focus on a pre-purchase inspection that checks for signs of hard use or deferred maintenance. Pay close attention to overall condition, because a sports car can hide wear more easily than a typical commuter. If you’re considering an EcoBoost model, make sure the car has been maintained carefully and that any warning signs are addressed before purchase.
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’re patient.
- Deal availability: 33.8% of listings are priced as good or great deals.
- Inventory: There are 2,782 listings available.
- Price trend: Prices are up 8.73% year-over-year.
- Clean inventory: 86.3% 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 $32,845 sits slightly above last year's $30,207.
That upward move suggests the market is still willing to pay for this model year, which can help support resale strength if you buy well and keep the car in good condition. The relatively tight spread between the year-round low and high also points to a market that rewards clean, well-priced examples. If you maintain the car carefully and keep mileage and condition in check, you should have a better shot at 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:
- 33.8% of listings are priced as good or great deals.
- Accident-free inventory is solid at 86.3% — always verify the vehicle history report.
- Price trend: Prices are up 8.73% year-over-year.
- Owners rate it 5/5 — a strong satisfaction signal.
Consider the 2024 if:
- At $38,055, the 2024 costs more than the current year's $32,845 average.
- It brings a redesigned interior and upgraded technology.
The bottom line: You should lean toward the 2023 if you want a lower entry price and a strong satisfaction record. If you’re willing to spend more for newer tech and a more modern cabin, the 2024 is the better upgrade path. For price-sensitive buyers, the 2023 offers the stronger value case.
These recommendations are based on CarGurus' proprietary market data from September 29, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
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