Used 2023 Ford Mustang for Sale nearSilver Spring, MD
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:
- Vapor Blue Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Space Gray
- Transmission:
- Automatic
- Mileage:
- 11,647
- Stock #:
- T121904
- VIN:
- 1FAGP8UH2R5121904


Sponsored by Ourisman Ford of Manassas
2024 Ford Mustang
EcoBoost Convertible RWD
11,647 mi
$29,500
- 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:
- 35,598
- Stock #:
- RV7949P
- VIN:
- 1FAGP8UH2R5131588

-$1,101
Sponsored Listing
2024 Ford Mustang
EcoBoost Premium Convertible RWD
35,598 mi
$28,480
$27,379
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Red Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony W/Metal Gray Stitch)
- Transmission:
- Automatic
- Mileage:
- 32,159
- Stock #:
- L7921P
- VIN:
- 1FA6P8TH7P5106826

Sponsored Listing
2023 Ford Mustang
EcoBoost Premium Fastback RWD
32,159 mi
$28,995
- 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:
- 35,598
- Stock #:
- RV7949P
- VIN:
- 1FAGP8UH2R5131588

-$1,101
2024 Ford Mustang
EcoBoost Premium Convertible RWD
35,598 mi
$28,480
$27,379
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior color:
- Black
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 33,171
- Stock #:
- 418188
- VIN:
- 1FA6P8CF3R5418188

2024 Ford Mustang
GT Premium Fastback RWD
33,171 mi
$41,136
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Vapor Blue Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Space Gray
- Transmission:
- Automatic
- Mileage:
- 11,647
- Stock #:
- T121904
- VIN:
- 1FAGP8UH2R5121904

2024 Ford Mustang
EcoBoost Convertible RWD
11,647 mi
$29,500
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior color:
- Dark Matter Gray Metallic
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- Automatic
- Mileage:
- 10,594
- Stock #:
- P424538
- VIN:
- 1FA6P8CF1R5424538

-$1,000
2024 Ford Mustang
GT Premium Fastback RWD
10,594 mi
$47,000
$46,000
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Vapor Blue Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- Automatic
- Mileage:
- 35,836
- Stock #:
- MVP11699
- VIN:
- 1FA6P8TH7R5109566

2024 Ford Mustang
EcoBoost Premium Fastback RWD
35,836 mi
$29,989
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Exterior color:
- Blue
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 39,142
- Stock #:
- 29033137
- VIN:
- 1FATP8UD5N5126701

2022 Ford Mustang
EcoBoost Premium Convertible RWD
39,142 mi
$26,997
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Dark Matter Gray Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- Automatic
- Mileage:
- 16,646
- Stock #:
- 26354A
- VIN:
- 1FA6P8THXR5117645

2024 Ford Mustang
EcoBoost Premium Fastback RWD
16,646 mi
$32,695
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Red Metallic
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Brown (Tan)
- Transmission:
- Automatic
- Mileage:
- 28,742
- Stock #:
- M260345A
- VIN:
- 1FATP8UH1N5131235

-$2,395
2022 Ford Mustang
EcoBoost Premium Convertible RWD
28,742 mi
$27,895
$26,495
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 315 hp 2.3L I4
- Exterior color:
- Rapid Red Metallic Tinted Clearcoat
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- Automatic
- Mileage:
- 14,187
- Stock #:
- 40421DY
- VIN:
- 1FA6P8TH1R5138691

-$803
2024 Ford Mustang
EcoBoost Fastback RWD
14,187 mi
$27,473
$26,670
- 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:
- Black Onyx
- Transmission:
- 6-Speed Manual
- Mileage:
- 69,049
- Stock #:
- 40338BC
- VIN:
- 1FA6P8CF6R5407461

-$750
2024 Ford Mustang
GT Fastback RWD
69,049 mi
$33,849
$33,099
CarGurus Analysis:
2023 Ford Mustang
With 314 currently listed for sale near Silver Spring, MD and an average price of $32,163, 22.9% 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:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior color:
- Shadow Black
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Mileage:
- 12,397
- Stock #:
- TF1862
- VIN:
- 1FA6P8CF9R5433469

-$2,470
2024 Ford Mustang
GT Fastback RWD
12,397 mi
$44,446
$41,976
- 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)
- Transmission:
- Automatic
- Mileage:
- 17,607
- Stock #:
- 304788A
- VIN:
- 1FA6P8CF9P5304788

2023 Ford Mustang
GT Premium Fastback RWD
17,607 mi
$40,014
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior color:
- Red Metallic
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- Automatic
- Mileage:
- 13,197
- Stock #:
- R5432410A
- VIN:
- 1FA6P8CF4R5432410

2024 Ford Mustang
GT Fastback RWD
13,197 mi
$41,709
- 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
$41,527
- Year:
- 2022
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- Carbonized Gray Metallic
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Midnight Blue
- Transmission:
- 10-Speed Automatic
- Mileage:
- 34,910
- Stock #:
- 127841
- VIN:
- 1FA6P8CF4N5127841

2022 Ford Mustang
GT Premium Fastback RWD
34,910 mi
$41,176
- 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:
- Space Gray
- Transmission:
- Automatic
- Mileage:
- 58,805
- Stock #:
- 44493
- VIN:
- 1FAGP8UH2R5123121

2024 Ford Mustang
EcoBoost Premium Convertible RWD
58,805 mi
$27,167
- 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
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 14,255
- Stock #:
- KWKSR5114260
- VIN:
- 1FA6P8TH8R5114260

2024 Ford Mustang
EcoBoost Fastback RWD
14,255 mi
$25,995
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Exterior color:
- Carbonized Gray Metallic
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black Onyx
- Transmission:
- 6-Speed Manual
- Mileage:
- 35,496
- Stock #:
- T414905
- VIN:
- 1FA6P8CF7R5414905

2024 Ford Mustang
GT Premium Fastback RWD
35,496 mi
$42,000
- Year:
- 2024
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 480 hp 5L V8
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 11,229
- Stock #:
- DT10089B
- VIN:
- 1FA6P8CF0R5423784

2024 Ford Mustang
GT Premium Fastback RWD
11,229 mi
$47,000
- Year:
- 2023
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 450 hp 5L V8
- Exterior color:
- White
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Manual
- Mileage:
- 77,066
- Stock #:
- C254588A
- VIN:
- 1FA6P8CF6P5306224

-$1,128
Sponsored Listing
2023 Ford Mustang
GT Fastback RWD
77,066 mi
$30,015
$28,887
CarGurus Analysis: 2023 Ford Mustang

Summary
With 314 currently listed for sale near Silver Spring, MD and an average price of $32,163, 22.9% 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: $24,232
- Good/great deal percentage: 21.8%
- User rating: 4.73 / 5
- Total listings: 294
- Average price: $44,977
- Good/great deal percentage: 25.4%
- User rating: 5 / 5
- Total listings: 295
- Average price: $18,439
- Good/great deal percentage: 17.1%
- User rating: 4.61 / 5
- Total listings: 298
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 Silver Spring, MD
The Mustang offers a range of trims from budget-friendly options to high-performance models, all with RWD and sporty styling.
- Starting at $24,001
- 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 | $32,582 | $32,582 | $29,998 | $24,001 | $34,008 | $40,173 | $26,700 | $32,582 |
| Positioning | Best value | Standard | Standard | Standard | Standard | Standard | Standard | Fully loaded |
| Standout Features | Backup camera, Bluetooth, Navigation system | Blind spot monitoring, Leather seats, Navigation system | Backup camera, Bluetooth, Heated seats | Backup camera, Bluetooth, Heated seats | Backup camera, Bluetooth, Leather seats | Backup camera, Bluetooth, Navigation system | Bluetooth, Heated seats, Navigation system | Bluetooth, Backup camera, Adaptive suspension |
| Drivetrain | RWD | RWD | RWD | RWD | RWD | RWD | RWD | RWD |
| Listings Available | 45 | 36 | 30 | 127 | 71 | 125 | 102 | 24 |
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 sporty driving | Adds luxury features to the base | Open-top fun with solid features | Most popular with great features | Powerful V8 for performance | Premium features with V8 power | Convertible with luxury and power | Fully loaded performance trim |
| Avg. Market Price | $32,582 | $32,582 | $29,998 | $24,001 | $34,008 | $40,173 | $26,700 | $32,582 |
| 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 | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | — |
| Multi Zone Climate Control | ✓ | — | ✓ | ✓ | — | — | ✓ | — |
| Navigation System | ✓ | ✓ | ✓ | ✓ | — | ✓ | ✓ | ✓ |
| Leather Seats | — | ✓ | — | ✓ | ✓ | ✓ | ✓ | ✓ |
| Adaptive Suspension | — | — | — | — | — | — | — | ✓ |
| Active Listings | 45 | 36 | 30 | 127 | 71 | 125 | 102 | 24 |
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 premium trims.
- Avg. market price: $32,582 (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 the choice for those seeking added luxury features without stepping up to a V8.
- Avg. market price: $32,582 (updated weekly)
- MPG/MPGe: 21 city / 29 hwy
- Inventory: 36 listings
- View EcoBoost Premium Fastback RWD listings
EcoBoost Convertible RWD — "Who It's For"
The EcoBoost Convertible RWD is ideal for buyers wanting a stylish drop-top experience at a competitive price.
- Avg. market price: $29,998 (updated weekly)
- MPG/MPGe: 20 city / 27 hwy
- Inventory: 30 listings
- View EcoBoost Convertible RWD listings
EcoBoost Premium Convertible RWD — "Who It's For"
The EcoBoost Premium Convertible RWD is perfect for those who want a blend of luxury and open-air driving, making it the most popular trim.
- Avg. market price: $24,001 (updated weekly)
- MPG/MPGe: 20 city / 27 hwy
- Inventory: 127 listings — widest selection in the lineup
- View EcoBoost Premium Convertible RWD listings
GT Fastback RWD — "Who It's For"
The GT Fastback RWD is for performance enthusiasts who want a powerful V8 without the premium price of higher trims.
- Avg. market price: $34,008 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 71 listings
- View GT Fastback RWD listings
GT Premium Fastback RWD — "Who It's For"
The GT Premium Fastback RWD is the choice for buyers seeking a powerful V8 with added luxury features for a refined driving experience.
- Avg. market price: $40,173 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 125 listings — widest selection in the lineup
- View GT Premium Fastback RWD listings
GT Premium Convertible RWD — "Who It's For"
The GT Premium Convertible RWD is for those who want a luxurious open-top experience combined with V8 performance.
- Avg. market price: $26,700 (updated weekly)
- MPG/MPGe: 15 city / 24 hwy
- Inventory: 102 listings — widest selection in the lineup
- View GT Premium Convertible RWD listings
Mach 1 Fastback RWD — "Who It's For"
The Mach 1 Fastback RWD is for performance seekers wanting a fully loaded experience with enhanced handling and power.
- Avg. market price: $32,582 (updated weekly)
- MPG/MPGe: 14 city / 22 hwy
- Inventory: 24 listings
- View Mach 1 Fastback RWD listings
Trim Recommendations
Most Popular — EcoBoost Premium Convertible RWD
With 127 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 $24,001 avg market price — below the lineup median of $32,582 — 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 economy in the lineup at 21/29 MPG/MPGe.
Browse EcoBoost Fastback RWD listings
These recommendations are based on CarGurus' proprietary market data from October 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.
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: Silver Spring, MD Market Report
Pricing in Nearby Cities
Market Area: Silver Spring, MD
Key Insights
- Highest-Price Market: Hagerstown, MD leads with an average price of $39,397, indicating a premium market for the Mustang in this area.
- Best Value: Washington, DC offers the lowest average price at $31,758, suggesting a more competitive pricing environment for buyers.
- Inventory Drives Stability: Fredericksburg, VA has the most listings at 329, which may contribute to more stable pricing dynamics in the region.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Fredericksburg, VA | 329 | $32,826 |
| Manassas, VA | 327 | $32,834 |
| Washington, DC | 323 | $31,758 |
| Baltimore, MD | 300 | $32,667 |
| Winchester, VA | 286 | $32,668 |
| Newark, DE | 282 | $35,084 |
| Hanover, PA | 280 | $32,129 |
| Lancaster, PA | 277 | $38,753 |
| Hagerstown, MD | 272 | $39,397 |
| Dover, DE | 266 | $36,000 |
Pricing by Trim Packages
Key Insights
- Volume Leader: The EcoBoost Premium Convertible RWD has the highest inventory with 136 listings, indicating strong demand for this trim.
- Premium Spread: The Mach 1 Fastback RWD is priced at $55,570, representing the highest MSRP among trims, which may appeal to performance-oriented buyers.
- Drivetrain Effect: All trims listed are RWD, suggesting a consistent drivetrain preference among Mustang shoppers in this market.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| EcoBoost Premium Convertible RWD | 136 | $38,295 | RWD | 2.3L 310 hp I4 |
| GT Premium Fastback RWD | 124 | $43,365 | RWD | 5.0L 450 hp V8 |
| GT Premium Convertible RWD | 101 | $48,865 | RWD | 5.0L 450 hp V8 |
| EcoBoost Fastback RWD | 48 | $27,770 | RWD | 2.3L 310 hp I4 |
| GT Fastback RWD | 68 | $38,345 | RWD | 5.0L 450 hp V8 |
| EcoBoost Premium Fastback RWD | 39 | $32,795 | RWD | 2.3L 310 hp I4 |
| EcoBoost Convertible RWD | 29 | $33,270 | RWD | 2.3L 310 hp I4 |
| Mach 1 Fastback RWD | 22 | $55,570 | RWD | 5.0L 470 hp V8 |
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2026 model year shows an average price of $42,102, reflecting a 29.0% premium over its starting MSRP, indicating strong demand for newer models.
- Depreciation Curve: The 2018 model year has the steepest depreciation at -27.3%, suggesting that older models may offer better value for budget-conscious buyers.
- Best Value Sweet Spot: The 2023 model year is priced at an average of $31,535, which is a 13.6% increase over its starting MSRP, making it a competitive option for buyers looking for a balance of price and features.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2026 | $32,640 | $42,102 | +29.0% |
| 2025 | $31,920 | $43,938 | +37.7% |
| 2024 | $30,920 | $35,708 | +15.5% |
| 2023 | $27,770 | $31,535 | +13.6% |
| 2022 | $27,470 | $33,193 | +20.8% |
| 2021 | $27,205 | $30,562 | +12.3% |
| 2020 | $26,670 | $21,829 | -18.2% |
| 2019 | $26,395 | $27,195 | +3.0% |
| 2018 | $25,680 | $18,673 | -27.3% |
| 2017 | $25,185 | $19,776 | -21.5% |
| 2016 | $24,145 | $17,585 | -27.2% |
| 2015 | $23,800 | $19,079 | -19.8% |
These recommendations are based on CarGurus' proprietary market data from September 30, 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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