Used 2023 Ford Mustang for Sale nearPortland, OR
Shop with transparent pricing.
Only show listings that include dealer fees- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Carbonized Gray Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Space Gray
- Transmission:
- Automatic
- Mileage:
- 55,589
- Stock #:
- PG18045
- VIN:
- 1FAGP8UH8R5140991


Sponsored by Tonkin Gresham Honda
2024 Ford Mustang
EcoBoost Premium Convertible RWD
55,589 mi
$24,792
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Exterior color:
- Oxford White
- Interior color:
- Black Onyx
- Transmission:
- Automatic
- Mileage:
- 88,208
- Stock #:
- SJFD6936
- VIN:
- 1FAGP8UH1R5116936

Sponsored Listing
2024 Ford Mustang
EcoBoost Premium Convertible RWD
88,208 mi
$25,630
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Rapid Red Metallic Tinted Clearcoat
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 12,004
- Stock #:
- 1260347
- VIN:
- 1FA6P8CF3N5135218

Sponsored Listing
2022 Ford Mustang
GT Premium Fastback RWD
12,004 mi
$44,210
- 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:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Manual
- Mileage:
- 10,201
- Stock #:
- 70188971
- VIN:
- 1FA6P8CF3R5415226

-$1,000
2024 Ford Mustang
GT Premium Fastback RWD
10,201 mi
$46,997
$45,997
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Gray
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 40,682
- Stock #:
- 28883563
- VIN:
- 1FATP8UH9P5111110

2023 Ford Mustang
EcoBoost Premium Convertible RWD
40,682 mi
$25,897
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Oxford White
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- Automatic
- Mileage:
- 10,500
- Stock #:
- T26390A
- VIN:
- 1FA6P8TH4R5125787

-$1,000
2024 Ford Mustang
EcoBoost Premium Fastback RWD
10,500 mi
$29,967
$28,966
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Oxford White
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 43,416
- Stock #:
- PP2542
- VIN:
- 1FA6P8TH5P5110227

2023 Ford Mustang
EcoBoost Premium Fastback RWD
43,416 mi
$24,040
- 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:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- 6-Speed Manual
- Mileage:
- 29,268
- Stock #:
- PG18263
- VIN:
- 1FA6P8CF9R5427915

2024 Ford Mustang
GT Premium Fastback RWD
29,268 mi
$46,204
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Gray Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- Automatic
- Mileage:
- 3,486
- Stock #:
- W2226071B
- VIN:
- 1FA6P8TH8R5136128

2024 Ford Mustang
EcoBoost Fastback RWD
3,486 mi
$29,440
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Rapid Red Metallic Tinted Clearcoat
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 12,004
- Stock #:
- 1260347
- VIN:
- 1FA6P8CF3N5135218

2022 Ford Mustang
GT Premium Fastback RWD
12,004 mi
$44,210
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Silver Metallic
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Showstopper Red
- Transmission:
- 6-Speed Manual
- Mileage:
- 22,447
- Stock #:
- 111922
- VIN:
- 1FA6P8CF1N5111922

2022 Ford Mustang
GT Premium Fastback RWD
22,447 mi
$41,745
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior color:
- Grabber Blue
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Gray (Space Grey)
- Transmission:
- 6-Speed Manual
- Mileage:
- 10,156
- Stock #:
- GFA9321
- VIN:
- 1FA6P8CF5R5426969

2024 Ford Mustang
GT Premium Fastback RWD
10,156 mi
$49,191
- 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:
- 9,971
- Stock #:
- R5139564T
- VIN:
- 1FA6P8THXR5139564

2024 Ford Mustang
EcoBoost Fastback RWD
9,971 mi
$29,399
CarGurus Analysis:
2023 Ford Mustang
With 152 currently listed for sale near Portland, OR and an average price of $35,747.00, 23.7% of 2023 Ford Mustangs for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Ford Mustang 5 / 5 stars.
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:
- Iconic Silver Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Space Gray
- Transmission:
- Automatic
- Mileage:
- 55,678
- Stock #:
- P9451
- VIN:
- 1FAGP8UH8R5123088

2024 Ford Mustang
EcoBoost Premium Convertible RWD
55,678 mi
$25,869
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Race Red
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- Automatic
- Mileage:
- 44,093
- Stock #:
- P257313A
- VIN:
- 1FA6P8TH4R5116796

2024 Ford Mustang
EcoBoost Premium Fastback RWD
44,093 mi
$28,090
- Year:
- 2022
- 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:
- 60,250
- Stock #:
- 23763A
- VIN:
- 1FATP8UH1N5115634

2022 Ford Mustang
EcoBoost Premium Convertible RWD
60,250 mi
$23,826
- Year:
- 2023
- 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 W/Red Stitch)
- Transmission:
- Automatic
- Mileage:
- 42,973
- Stock #:
- P504593A
- VIN:
- 1FA6P8CF2P5300873

2023 Ford Mustang
GT Premium Fastback RWD
42,973 mi
$40,190
- 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 Metallic
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- Automatic
- Mileage:
- 16,959
- Stock #:
- R5406002T
- VIN:
- 1FA6P8CF2R5406002

2024 Ford Mustang
GT Premium Fastback RWD
16,959 mi
$48,240
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Exterior color:
- Oxford White
- Interior color:
- Black Onyx
- Transmission:
- Automatic
- Mileage:
- 88,208
- Stock #:
- SJFD6936
- VIN:
- 1FAGP8UH1R5116936

2024 Ford Mustang
EcoBoost Premium Convertible RWD
88,208 mi
$25,630
- 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:
- Automatic
- Mileage:
- 38,180
- Stock #:
- en303301
- VIN:
- 1FA6P8CF9P5306301

2023 Ford Mustang
GT Premium Fastback RWD
38,180 mi
$42,400
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Carbonized Gray Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Space Gray
- Transmission:
- Automatic
- Mileage:
- 55,589
- Stock #:
- PG18045
- VIN:
- 1FAGP8UH8R5140991

2024 Ford Mustang
EcoBoost Premium Convertible RWD
55,589 mi
$24,792
- 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:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Blue (Navy Pier)
- Transmission:
- 6-Speed Manual
- Mileage:
- 13,495
- Stock #:
- G434868T
- VIN:
- 1FA6P8CF6R5434868

2024 Ford Mustang
GT Premium Fastback RWD
13,495 mi
$44,632
- 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:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- 6-Speed Manual
- Mileage:
- 29,268
- Stock #:
- PG18263
- VIN:
- 1FA6P8CF9R5427915

Sponsored Listing
2024 Ford Mustang
GT Premium Fastback RWD
29,268 mi
$46,204
CarGurus Analysis: 2023 Ford Mustang

Summary
With 152 currently listed for sale near Portland, OR and an average price of $35,747.00, 23.7% of 2023 Ford Mustangs for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Ford Mustang 5 / 5 stars.
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: $28,284.00
- Good/great deal percentage: 23.6%
- User rating: 4.73 / 5
- Total listings: 165
- Average price: $36,330.00
- Good/great deal percentage: 25.5%
- User rating: 4.71 / 5
- Total listings: 149
- Average price: $25,930.00
- Good/great deal percentage: 15.3%
- User rating: 4.61 / 5
- Total listings: 163
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 Portland, OR
The 2023 Ford Mustang offers a range of trims from budget-friendly options to high-performance models, all featuring RWD.
- Starting at $30,360
- 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 | $30,360 | $34,082 | $34,082 | $34,082 | $34,082 | $39,990 | $34,082 | $34,082 |
| Positioning | Best value | Standard | Standard | Standard | Standard | Standard | Standard | Fully loaded |
| Standout Features | Bluetooth, Backup Camera, Heated Seats | Parking Sensors, Leather Seats, Navigation System | Backup Camera, Bluetooth, Heated Seats | Backup Camera, Bluetooth, Leather Seats | Backup Camera, Bluetooth, Heated Seats | Backup Camera, Bluetooth, Leather Seats | Bluetooth, Leather Seats, Adaptive Cruise Control | Leather Seats, Bluetooth, Navigation System |
| Drivetrain | RWD | RWD | RWD | RWD | RWD | RWD | RWD | RWD |
| Listings Available | 31 | 25 | 18 | 63 | 37 | 59 | 54 | 8 |
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 premium features at a fair price | Stylish convertible option for sunny days | Most popular trim with great features | Performance-focused with V8 power | Premium features for a sporty experience | High-end features in a convertible | Fully loaded for enthusiasts |
| Avg. Market Price | $30,360 | $34,082 | $34,082 | $34,082 | $34,082 | $39,990 | $34,082 | $34,082 |
| 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 | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Remote Start | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | — |
| Heated Seats | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | — |
| Navigation System | ✓ | ✓ | ✓ | ✓ | — | ✓ | ✓ | ✓ |
| Multi Zone Climate Control | ✓ | — | ✓ | ✓ | — | — | — | ✓ |
| Leather Seats | — | ✓ | — | ✓ | ✓ | ✓ | ✓ | ✓ |
| Adaptive Cruise Control | — | — | — | — | — | — | ✓ | — |
| Active Listings | 31 | 25 | 18 | 63 | 37 | 59 | 54 | 8 |
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 paying for premium features.
- Avg. market price: $30,360 (updated weekly)
- MPG/MPGe: 21 city / 29 hwy
- Inventory: 31 listings
- View EcoBoost Fastback RWD listings
EcoBoost Premium Fastback RWD — "Who It's For"
The EcoBoost Premium Fastback RWD is the pick for shoppers who want added luxury without stepping up to a V8.
- Avg. market price: $34,082 (updated weekly)
- MPG/MPGe: 21 city / 29 hwy
- Inventory: 25 listings
- View EcoBoost Premium Fastback RWD listings
EcoBoost Convertible RWD — "Who It's For"
The EcoBoost Convertible RWD is the pick for shoppers who want an open-air experience without the highest price tag.
- Avg. market price: $34,082 (updated weekly)
- MPG/MPGe: 20 city / 27 hwy
- Inventory: 18 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 pick for shoppers who want a stylish convertible with premium features.
- Avg. market price: $34,082 (updated weekly)
- MPG/MPGe: 20 city / 27 hwy
- Inventory: 63 listings
- View EcoBoost Premium Convertible RWD listings
GT Fastback RWD — "Who It's For"
The GT Fastback RWD is the pick for shoppers who want V8 power without going fully loaded.
- Avg. market price: $34,082 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 37 listings
- View GT Fastback RWD listings
GT Premium Fastback RWD — "Who It's For"
The GT Premium Fastback RWD is the pick for shoppers who want a sporty experience with added luxury.
- Avg. market price: $39,990 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 59 listings
- View GT Premium Fastback RWD listings
GT Premium Convertible RWD — "Who It's For"
The GT Premium Convertible RWD is the pick for shoppers who want a high-performance convertible with luxury features.
- Avg. market price: $34,082 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 54 listings
- View GT Premium Convertible RWD listings
Mach 1 Fastback RWD — "Who It's For"
The Mach 1 Fastback RWD is the pick for shoppers who want a fully loaded performance vehicle with unique styling.
- Avg. market price: $34,082 (updated weekly)
- MPG/MPGe: 14 city / 22 hwy
- Inventory: 8 listings — lower availability; may limit negotiating room
- View Mach 1 Fastback RWD listings
Trim Recommendations
Most Popular — EcoBoost Premium Convertible RWD
With 63 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 Fastback RWD
At $30,360 avg market price — below the lineup median of $34,082 — it's the most accessible entry point.
Browse EcoBoost Fastback RWD listings
Best for Fuel Economy — EcoBoost Fastback RWD
The EcoBoost Fastback RWD offers the best fuel economy at 21/29 MPG/MPGe.
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: Portland, OR Market Report
Pricing by Nearby Locations
Market Area: Portland, OR
Key Insights
- Highest Prices in Everett, WA: The market in Everett commands the highest average price at $58,046, likely due to limited inventory and high demand for premium models.
- Lowest Prices in Eugene, OR: Eugene offers the most competitive pricing at $23,214, indicating a more price-sensitive market with potentially higher inventory turnover.
- Price Variation with Inventory: Cities like Seattle and Tacoma have similar average prices ($44,963) but differ in inventory levels, suggesting that higher inventory may stabilize prices in those areas.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Everett, WA | 159 | $58,046 |
| Tacoma, WA | 163 | $44,963 |
| Seattle, WA | 167 | $44,963 |
| Olympia, WA | 149 | $35,667 |
| Salem, OR | 152 | $35,323 |
| Corvallis, OR | 151 | $34,398 |
| Eugene, OR | 148 | $23,214 |
Pricing Analysis by Model Year
Key Insights
- Significant Premium for New Models: The 2026 Ford Mustang is priced at $51,491, which is approximately 58.0% above its MSRP, indicating strong demand for the latest model.
- Depreciation Trends: The 2014 Ford Mustang shows the steepest depreciation, with an average price of $15,266, reflecting a -32.5% drop from its original MSRP.
- Best Value Years: The 2022 Ford Mustang is priced at $41,660, only +51.0% above its MSRP, making it a potentially attractive option for buyers looking for newer models without the steepest depreciation.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 Ford Mustang | $32,640 | $51,491 | +58.0% |
| 2025 Ford Mustang | $31,920 | $65,427 | +104.5% |
| 2024 Ford Mustang | $30,920 | $36,036 | +16.5% |
| 2022 Ford Mustang | $27,470 | $41,660 | +51.0% |
| 2021 Ford Mustang | $27,205 | $32,395 | +19.2% |
| 2020 Ford Mustang | $26,670 | $28,284 | +6.0% |
| 2019 Ford Mustang | $26,395 | $34,464 | +30.6% |
| 2018 Ford Mustang | $25,680 | $21,971 | -14.4% |
| 2017 Ford Mustang | $25,185 | $23,795 | -5.5% |
| 2016 Ford Mustang | $24,145 | $20,155 | -16.5% |
| 2015 Ford Mustang | $23,800 | $21,095 | -11.4% |
| 2014 Ford Mustang | $22,510 | $15,266 | -32.5% |
These recommendations are based on CarGurus' proprietary market data from September 3, 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 | $32,802 |
| Year-Round Low | $28,727.76 |
| Year-Round High | $33,725.72 |
| Average Price a Year Ago | $30,567 |
| Change vs. Last Year | +7.31% |
Prices are up 7.31% year-over-year — a sign of continued demand for this model year.
There are 3,048 listings available, which suggests a healthy amount of inventory for shoppers to compare.
If you find a listing below $28,727.76, 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 satisfaction with this model year.
Owners consistently praise the performance, the driving experience, and the styling, and many also call out the sound system and convertible feature as standout positives. The overview also shows why it fits a wide range of buyers: you get a sports car with rear-wheel-drive character and multiple powertrain choices, so you can shop for something more accessible or more performance-focused. With 32.9% of listings priced as good or great deals, you also have a decent chance to find value if you shop carefully.
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 feel good about living with, especially when it comes to performance and overall enjoyment. That said, the model-year overview also highlights maintenance-sensitive areas, so reliability depends heavily on how well the previous owner cared for it. For used buyers, the main long-term ownership risk is ending up with a car that has been driven hard or poorly maintained.
What should I look for when buying a used 2023 Ford Mustang?
Accident-free inventory is solid at 87.8% — 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 damage. Pay close attention to overall condition, because this model year’s appeal depends heavily on how it was driven and maintained. A clean-looking car is not enough; you want proof that the mechanical and cosmetic condition matches the asking price.
Is now a good time to buy a used 2023 Ford Mustang?
This is a moderate market, so you can buy now if the right car shows up, but selective shoppers still have room to wait for a better deal.
- Deal availability: 32.9% of listings are priced as good or great deals.
- Inventory: There are 3,048 listings available.
- Price trend: Prices are up 7.31% year-over-year.
- Clean inventory: 87.8% of listings are accident-free.
If you find a listing below $28,727.76, 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 $32,802 sits slightly above last year's $30,567.
That upward move suggests the market is still willing to pay for this model year, which can help support resale value if you buy well and keep the car in strong condition. The price trend also shows that demand has remained steady enough to push values higher rather than soften. For a future seller, that means a clean, well-documented Mustang should remain easier to move than a neglected one.
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:
- 32.9% of listings are priced as good or great deals.
- Accident-free inventory is solid at 87.8% — always verify the vehicle history report.
- Price trend: Prices are up 7.31% year-over-year.
- Owners rate it 5/5 — a strong satisfaction signal.
Consider the 2024 if:
- At $37,760, the 2024 costs more than the current year's $32,802 average.
- It adds a more modern interior and upgraded technology.
The bottom line: You should start with the 2023 if you want strong owner satisfaction, solid inventory, and a lower average price. If you care more about newer tech and are willing to pay more, the 2024 is the better upgrade path. For price-sensitive buyers, the 2023 is the smarter first stop because it keeps the Mustang formula intact while leaving more room in your budget.
These recommendations are based on CarGurus' proprietary market data from September 4, 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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