Used 2023 Ford Mustang for Sale nearPhoenix, AZ
Shop with transparent pricing.
Only show listings that include dealer fees- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Grabber Blue Metallic
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Midnight Blue W/Blue
- Transmission:
- 6-Speed Manual
- Mileage:
- 17,283
- Stock #:
- ABC920
- VIN:
- 1FATP8FF8N5144852


Sponsored by Auto Boom Motor Co.
2022 Ford Mustang
GT Premium Convertible RWD
17,283 mi
$46,086
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Silver
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 18,327
- Stock #:
- B1912
- VIN:
- 1FA6P8TH7R5137819

Sponsored Listing
2024 Ford Mustang
EcoBoost Fastback RWD
18,327 mi
$29,598
- 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:
- Space Gray
- Transmission:
- Automatic
- Mileage:
- 22,309
- Stock #:
- P2464
- VIN:
- 1FA6P8CF3R5420233

Sponsored Listing
2024 Ford Mustang
GT Fastback RWD
22,309 mi
$42,537
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Shadow Black
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- 6-Speed Manual
- Mileage:
- 19,164
- Stock #:
- N5131112
- VIN:
- 1FA6P8CF0N5131112

2022 Ford Mustang
GT Fastback RWD
19,164 mi
$36,998
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Blue Metallic
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 28,786
- Stock #:
- CM74046A
- VIN:
- 1FA6P8CF3N5146686

2022 Ford Mustang
GT Premium Fastback RWD
28,786 mi
$41,072
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 470 hp 5L V8
- Exterior color:
- Shadow Black
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 43,372
- Stock #:
- 251573A
- VIN:
- 1FA6P8R08P5502684

-$1,249
2023 Ford Mustang
Mach 1 Fastback RWD
43,372 mi
$47,987
$46,738
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior color:
- Vapor Blue
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- Automatic
- Mileage:
- 9,862
- Stock #:
- P8878
- VIN:
- 1FA6P8CF1R5417315

2024 Ford Mustang
GT Fastback RWD
9,862 mi
$44,578
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Yellow Splash Metallic Tri-coat
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Baja
- Transmission:
- Automatic
- Mileage:
- 66,391
- Stock #:
- R5122434P
- VIN:
- 1FAGP8UH7R5122434

-$1,095
2024 Ford Mustang
EcoBoost Premium Convertible RWD
66,391 mi
$24,090
$23,590
- 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 (Deep Indigo)
- Transmission:
- Automatic
- Mileage:
- 24,772
- Stock #:
- VW6252A
- VIN:
- 1FA6P8R09R5501515

2024 Ford Mustang
Dark Horse Fastback RWD
24,772 mi
$57,598
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- 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:
- Black (Ebony W/Metal Gray Stitch)
- Transmission:
- Automatic
- Mileage:
- 47,472
- Stock #:
- P17623
- VIN:
- 1FA6P8CF1N5128378

2022 Ford Mustang
GT Premium Fastback RWD
47,472 mi
$38,664
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior color:
- Vapor Blue
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- Automatic
- Mileage:
- 9,603
- Stock #:
- MSP4574
- VIN:
- 1FA6P8CFXR5435666

2024 Ford Mustang
GT Premium Fastback RWD
9,603 mi
$46,798
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Iconic Silver Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 46,309
- Stock #:
- CM73843A
- VIN:
- 1FA6P8TH5P5109496

2023 Ford Mustang
EcoBoost Premium Fastback RWD
46,309 mi
$26,072
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior color:
- Vapor Blue
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- 6-Speed Manual
- Mileage:
- 19,085
- Stock #:
- L266973A
- VIN:
- 1FA6P8CF9R5418891

2024 Ford Mustang
GT Premium Fastback RWD
19,085 mi
$45,211
CarGurus Analysis:
2023 Ford Mustang
With 241 currently listed for sale near Phoenix, AZ and an average price of $26,349.00, 23.2% 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:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- 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:
- Gray
- Transmission:
- Automatic
- Mileage:
- 57,652
- Stock #:
- R5119908W
- VIN:
- 1FAGP8UH0R5119908

-$1,511
2024 Ford Mustang
EcoBoost Premium Convertible RWD
57,652 mi
$26,096
$25,183
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Red
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Gray
- Transmission:
- Automatic
- Mileage:
- 11,217
- Stock #:
- MFDTN5134705
- VIN:
- 1FA6P8CF9N5134705

2022 Ford Mustang
GT Premium Fastback RWD
11,217 mi
$42,320
- 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 Onyx
- Transmission:
- Automatic
- Mileage:
- 33,309
- Stock #:
- P14806
- VIN:
- 1FA6P8TH8R5113609

2024 Ford Mustang
EcoBoost Fastback RWD
33,309 mi
$28,998
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 500 hp 5L V8
- Exterior color:
- Oxford White
- Combined gas mileage:
- 18 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 6,265
- Stock #:
- MSP4324
- VIN:
- 1FA6P8R00R5503749

2024 Ford Mustang
Dark Horse Fastback RWD
6,265 mi
$59,798
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Iconic Silver
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony W/Metal Gray Stitch)
- Transmission:
- Automatic
- Mileage:
- 43,343
- Stock #:
- E8213
- VIN:
- 1FATP8UH9P5111401

2023 Ford Mustang
EcoBoost Premium Convertible RWD
43,343 mi
$24,087
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Shadow Black
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 21,369
- Stock #:
- D26-609A
- VIN:
- 1FATP8UH5P5110679

2023 Ford Mustang
EcoBoost Premium Convertible RWD
21,369 mi
$28,591
- 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:
- CREAM
- Transmission:
- Automatic
- Mileage:
- 42,777
- Stock #:
- 29019241
- VIN:
- 1FA6P8CF1R5409134

2024 Ford Mustang
GT Premium Fastback RWD
42,777 mi
$42,297
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Blue
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Gray
- Transmission:
- Automatic
- Mileage:
- 25,950
- Stock #:
- 28575885
- VIN:
- 1FA6P8TH1R5117971

2024 Ford Mustang
EcoBoost Premium Fastback RWD
25,950 mi
$32,297
- 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:
- 13,271
- Stock #:
- 70218109
- VIN:
- 1FA6P8CF3R5415422

2024 Ford Mustang
GT Premium Fastback RWD
13,271 mi
$46,497
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior color:
- Vapor Blue
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- Automatic
- Mileage:
- 9,603
- Stock #:
- MSP4574
- VIN:
- 1FA6P8CFXR5435666

Sponsored Listing
2024 Ford Mustang
GT Premium Fastback RWD
9,603 mi
$46,798
CarGurus Analysis: 2023 Ford Mustang

Summary
With 241 currently listed for sale near Phoenix, AZ and an average price of $26,349.00, 23.2% 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 and brought a sleeker, smoother look, coupe and soft-top convertible body styles, and a new electric system for the convertible top. It also marked the first time Ford produced and marketed the Mustang for a global audience, and it was the first Mustang to feature Ford’s EcoBoost engine lineup. A new independent rear suspension system was another key part of that ground-up redesign, helping define this generation’s more modern driving character.
For 2023, the Mustang’s appeal comes from its broad range of powertrains and transmissions. Ford’s EcoBoost turbocharged 2.3-liter inline four-cylinder engine powers base Mustangs in this generation, while other available engines include a 3.7-liter V6, the 5.0-liter Coyote V8, and two versions of the 5.2-liter V8, exclusive to the Shelby GT350 and the GT500. Transmission choices, depending on engine, include two six-speed manuals, six- and 10-speed automatics, and a seven-speed dual-clutch automatic. That variety helps the Mustang cover a wide spread of buyers, from those who want an accessible sports car to those looking for more serious performance.
There are tradeoffs, though. Models with the EcoBoost engine are known for problems with oil consumption and potential head gasket failure, and the transmission may be prone to slippage. For shoppers considering a used 2023 Mustang, that means condition and maintenance history matter a lot. Even so, the car’s combination of iconic styling, rear-wheel-drive layout, and wide performance range keeps it appealing, and owner feedback reinforces that mix of performance, looks, and value.
Other model years to consider
- Average price: $26,576.00
- Good/great deal percentage: 25.0%
- User rating: 4.73 / 5
- Total listings: 232
- Average price: $33,736.00
- Good/great deal percentage: 25.6%
- User rating: 4.71 / 5
- Total listings: 227
- Average price: $43,365.00
- Good/great deal percentage: 27.4%
- User rating: 5 / 5
- Total listings: 219
This analysis is based on CarGurus' proprietary market data from September 1, 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 Phoenix, AZ
The Mustang lineup offers a range of trims from budget-friendly EcoBoost models to powerful GT variants, all with RWD.
- Starting at $24,063
- Best MPG/MPGe: 21 city / 29 hwy
- Most Popular: GT Premium Fastback RWD
Trim Overview
Prices updated weekly from CarGurus listings.
| EcoBoost Fastback RWD | EcoBoost Premium Fastback RWD | EcoBoost Convertible RWD | EcoBoost Premium Convertible RWD | GT Fastback RWD | GT Premium Fastback RWD (Most Popular) | 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 | $26,321 | $24,063 | $26,321 | $24,719 | $26,321 | $39,159 | $29,871 | $26,321 |
| Positioning | Best value | Standard | Standard | Standard | Standard | Standard | Standard | Fully loaded |
| Standout Features | Bluetooth, Backup Camera, Navigation System | Leather Seats, Adaptive Cruise Control, Remote Start | Backup Camera, Bluetooth, Heated Seats | Leather Seats, Navigation System, Remote Start | Backup Camera, Bluetooth, Navigation System | Leather Seats, Navigation System, Remote Start | Leather Seats, Adaptive Cruise Control, Backup Camera | Leather Seats, Multi Zone Climate Control, Navigation System |
| Drivetrain | RWD | RWD | RWD | RWD | RWD | RWD | RWD | RWD |
| Listings Available | 45 | 34 | 25 | 91 | 46 | 99 | 62 | 10 |
Quick Compare Table
Listing prices sourced from CarGurus — updated weekly. OEM specs from manufacturer data.
| EcoBoost Fastback RWD | EcoBoost Premium Fastback RWD | EcoBoost Convertible RWD | EcoBoost Premium Convertible RWD | GT Fastback RWD | GT Premium Fastback RWD | GT Premium Convertible RWD | Mach 1 Fastback RWD | |
|---|---|---|---|---|---|---|---|---|
| AI Summary | Best value for performance enthusiasts | Affordable luxury with added features | Open-top fun with solid performance | Premium features in a convertible | Strong performance at a competitive price | Most popular choice with great features | High-end performance with luxury touches | Performance-focused with unique styling |
| Avg. Market Price | $26,321 | $24,063 | $26,321 | $24,719 | $26,321 | $39,159 | $29,871 | $26,321 |
| 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 |
| Bluetooth | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Backup Camera | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Blind Spot Monitoring | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Parking Sensors | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | — |
| Android Auto | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| CarPlay | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Heated Seats | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | — |
| Remote Start | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | — |
| Multi Zone Climate Control | ✓ | — | ✓ | ✓ | — | — | — | ✓ |
| Navigation System | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Leather Seats | — | ✓ | — | ✓ | — | ✓ | ✓ | ✓ |
| Adaptive Cruise Control | — | ✓ | — | — | — | — | ✓ | — |
| Active Listings | 45 | 34 | 25 | 91 | 46 | 99 | 62 | 10 |
Missing data displayed as "—".
Trim Deep Dives
EcoBoost Fastback RWD — "Who It's For"
The EcoBoost Fastback RWD is the pick for shoppers who want a sporty experience without the higher price of the GT.
- Avg. market price: $26,321 (updated weekly)
- MPG/MPGe: 21 city / 29 hwy
- Inventory: 45 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 breaking the bank.
- Avg. market price: $24,063 (updated weekly)
- MPG/MPGe: 21 city / 29 hwy
- Inventory: 34 listings
- View EcoBoost Premium Fastback RWD listings
EcoBoost Convertible RWD — "Who It's For"
The EcoBoost Convertible RWD is perfect for shoppers who want the thrill of open-air driving combined with solid performance.
- Avg. market price: $26,321 (updated weekly)
- MPG/MPGe: 20 city / 27 hwy
- Inventory: 25 listings
- View EcoBoost Convertible RWD listings
EcoBoost Premium Convertible RWD — "Who It's For"
The EcoBoost Premium Convertible RWD is for those who desire a stylish convertible with premium features at a reasonable price.
- Avg. market price: $24,719 (updated weekly)
- MPG/MPGe: 20 city / 27 hwy
- Inventory: 91 listings
- View EcoBoost Premium Convertible RWD listings
GT Fastback RWD — "Who It's For"
The GT Fastback RWD is the choice for performance enthusiasts who want a powerful V8 without the highest price tag.
- Avg. market price: $26,321 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 46 listings
- View GT Fastback RWD listings
GT Premium Fastback RWD — "Who It's For"
The GT Premium Fastback RWD is for buyers seeking the ultimate Mustang experience with luxury features and strong performance.
- Avg. market price: $39,159 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 99 listings
- View GT Premium Fastback RWD listings
GT Premium Convertible RWD — "Who It's For"
The GT Premium Convertible RWD is ideal for those who want a high-performance convertible with luxury amenities.
- Avg. market price: $29,871 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 62 listings
- View GT Premium Convertible RWD listings
Mach 1 Fastback RWD — "Who It's For"
The Mach 1 Fastback RWD is for performance-focused shoppers who want a fully loaded Mustang with unique styling.
- Avg. market price: $26,321 (updated weekly)
- MPG/MPGe: 14 city / 22 hwy
- Inventory: 10 listings — lower availability; may limit negotiating room
- View Mach 1 Fastback RWD listings
Trim Recommendations
Most Popular — GT Premium Fastback RWD
With 99 active listings, the GT Premium Fastback RWD is the clear volume leader in the lineup.
Browse GT Premium Fastback RWD listings
Best Budget Option — EcoBoost Premium Fastback RWD
At $24,063 avg market price — below the lineup median of $26,321 — it's the most accessible entry point.
Browse EcoBoost Premium Fastback RWD listings
Best for Fuel Economy — EcoBoost Fastback RWD
The EcoBoost Fastback RWD offers the best fuel economy in the lineup at 21/29 MPG.
Browse EcoBoost Fastback RWD listings
These recommendations are based on CarGurus' proprietary market data from September 2, 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: Phoenix, AZ Market Report
Pricing by Nearby Locations
Market Area: Phoenix, AZ
Key Insights
- Highest Prices in Tucson: The city of Tucson has the highest average price at $34,464, likely reflecting higher demand or lower inventory.
- Lowest Prices in Surprise and Apache Junction: Both Surprise and Apache Junction offer the lowest average price at $26,557, indicating a more price-sensitive market or higher inventory levels.
- Inventory Variation: The number of listings varies significantly, with Surprise (242 listings) and Apache Junction (241 listings) having the most, suggesting a stable supply in these areas.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Tucson, AZ | 194 | $34,464 |
| Casa Grande, AZ | 209 | $27,249 |
| Flagstaff, AZ | 186 | $24,999 |
| Yuma, AZ | 187 | $24,999 |
| Surprise, AZ | 242 | $26,557 |
| Apache Junction, AZ | 241 | $26,557 |
Pricing by Trim Packages
Key Insights
- GT Premium Fastback RWD is Most Common: The GT Premium Fastback RWD trim has the highest inventory with 95 listings, indicating strong demand for this performance-oriented variant.
- Price Range Across Trims: The trims range from $27,770 (EcoBoost Fastback RWD) to $55,570 (Mach 1 Fastback RWD), showcasing a significant price spread that caters to different buyer preferences.
- Premium Trims Command Higher Prices: The GT Premium Convertible RWD trim, priced at $48,865, reflects a premium for convertible features and performance enhancements.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| GT Premium Fastback RWD | 95 | $43,365 | RWD | 5.0L 450 hp V8 |
| EcoBoost Premium Convertible RWD | 80 | $38,295 | RWD | 2.3L 310 hp I4 |
| GT Premium Convertible RWD | 74 | $48,865 | RWD | 5.0L 450 hp V8 |
| EcoBoost Fastback RWD | 44 | $27,770 | RWD | 2.3L 310 hp I4 |
| EcoBoost Premium Fastback RWD | 36 | $32,795 | RWD | 2.3L 310 hp I4 |
| GT Fastback RWD | 42 | $38,345 | RWD | 5.0L 450 hp V8 |
| EcoBoost Convertible RWD | 31 | $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
- New Models at a Premium: The 2025 Ford Mustang is priced at $42,232, which is approximately 32.5% above its MSRP, indicating strong demand for the latest models.
- Depreciation Trends: Older models, such as the 2014 Ford Mustang, show significant depreciation, with an average price of $14,297, reflecting a 36.5% drop from MSRP.
- Best Value in Recent Years: The 2022 Ford Mustang is priced at $38,226, only -1.3% below MSRP, making it a compelling option for buyers seeking newer vehicles with minimal depreciation.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 Ford Mustang | $32,640 | $36,614 | +12.2% |
| 2025 Ford Mustang | $31,920 | $42,232 | +32.5% |
| 2024 Ford Mustang | $30,920 | $39,758 | +28.5% |
| 2022 Ford Mustang | $27,470 | $38,226 | -1.3% |
| 2021 Ford Mustang | $27,205 | $34,989 | +28.5% |
| 2020 Ford Mustang | $26,670 | $27,792 | +4.2% |
| 2019 Ford Mustang | $26,395 | $28,647 | +8.5% |
| 2018 Ford Mustang | $25,680 | $25,932 | +1.0% |
| 2017 Ford Mustang | $25,185 | $22,362 | -11.2% |
| 2016 Ford Mustang | $24,145 | $19,667 | -18.5% |
| 2015 Ford Mustang | $23,800 | $19,652 | -17.5% |
| 2014 Ford Mustang | $22,510 | $14,297 | -36.5% |
These recommendations are based on CarGurus' proprietary market data from August 27, 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 | $33,001 |
| Year-Round Low | $28,724.70 |
| Year-Round High | $33,777.04 |
| Average Price a Year Ago | $30,532 |
| Change vs. Last Year | +8.08% |
Prices are up 8.08% year-over-year — a sign of continued demand for this model year.
There are 3,162 listings available, which gives you a meaningful pool to compare before you buy.
If you find a listing below $28,724.70, that's toward the low end of the year-round range and worth acting on quickly.
Is the 2023 Ford Mustang a good car?
Yes — owners rate it 5/5, which points to very strong overall satisfaction.
Owners consistently praise the blend of performance, aesthetics, and value, and many also call out the driving experience, the sound system, and the convertible feature. That lines up well with the Mustang’s role as a sporty coupe or convertible for buyers who want style and engagement without giving up everyday usability.
With 28.5% of listings priced as good or great deals, you still have room to shop selectively and compare examples carefully.
Is the 2023 Ford Mustang reliable?
Owners rate it 5/5, a strong signal of long-term satisfaction.
The owner feedback emphasizes a car that feels dependable in the ways that matter to enthusiasts: strong performance, a satisfying driving experience, and a package that keeps people happy over time. That said, used buyers should pay close attention to maintenance records and overall condition, especially because long-term ownership risk rises when a performance car has been driven hard or serviced inconsistently.
What should I look for when buying a used 2023 Ford Mustang?
Accident-free inventory is solid at 88.5% — 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, deferred maintenance, or prior repairs. Condition matters especially on a performance car, so pay close attention to service records, drivetrain behavior, and any evidence that the car was modified or tracked.
Is now a good time to buy a used 2023 Ford Mustang?
This is a seller’s market, so you should act selectively and be ready to move when a strong listing appears.
- Deal availability: 28.5% of listings are priced as good or great deals.
- Inventory: There are 3,162 listings available.
- Price trend: Prices are up 8.08% year-over-year.
- Clean inventory: 88.5% of listings are accident-free.
If you find a listing below $28,724.70, 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 $33,001 sits slightly above last year's $30,532.
That upward move suggests the market still values this model year, which can help support resale strength if you buy well and keep the car in good condition. A Mustang with clean history, strong maintenance, and desirable equipment should be easier to move later than one with questionable records or visible wear.
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:
- 28.5% of listings are priced as good or great deals.
- Accident-free inventory is solid at 88.5% — always verify the vehicle history report.
- Price trend: Prices are up 8.08% year-over-year.
- Owners rate it 5/5 — a strong satisfaction signal.
Consider the 2024 if:
- At $37,878, the 2024 costs more than the current year's $33,001 average.
- It adds a more modern interior and upgraded technology.
The bottom line: If you want the stronger value play, the 2023 is the better starting point because it combines a lower average price with solid deal availability and strong owner satisfaction. If you’re willing to pay more for newer tech and a fresher cabin, the 2024 is the better alternative; if price matters most, stick with the 2023 and shop carefully for a clean, well-maintained example.
These recommendations are based on CarGurus' proprietary market data from August 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.
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