How much does the 2024 Ford Mustang cost?

Prices have softened 5.30% compared to this time last year, making it a favorable time to shop this model year.

There are 3,729 listings available, which gives you a solid amount of inventory to compare before you buy.

If you find a listing below $35,899.04, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2024 Ford Mustang a good car?

Yes — the 2024 Ford Mustang earns a 4.75/5 user rating and a 7.17/10 expert rating. The model scores 8/10 across Performance and Technology.

Owners consistently praise its speed, handling, engine sound, and updated technology, and many also like the manual transmission for the more engaging driving experience. The trade-offs are familiar for a Mustang: the back seat is cramped, cargo space is limited, and the car can be noisy. That makes it a strong fit if you want a performance-focused coupe with heritage and character, not a practical all-rounder.

Only 33.1% of listings are priced as good or great deals, so the best examples may not sit on the market for long.

Is the 2024 Ford Mustang reliable?

Owners rate it 4.75/5, a strong signal of long-term satisfaction.

Owner feedback points to a car that feels dependable in daily use, with strong praise for its performance, driving experience, and updated technology. The expert evaluation also describes the Mustang as approachable and easy to drive, with a well-balanced ride that stays compliant without giving up handling precision. The available first scheduled maintenance visit is on the house.

For used buyers, the main long-term ownership risk is less about basic drivability and more about choosing a well-kept example that has been maintained carefully and driven with its performance hardware in mind.

What should I look for when buying a used 2024 Ford Mustang?

Accident-free inventory is excellent at 90.9% — clean inventory, standard diligence applies.

You should still run a history report and prioritize a pre-purchase inspection, especially if you are considering a higher-output or more heavily optioned example. Focus on signs of wear in the cabin, evidence of hard driving, and whether the car’s features and condition match the asking price. If you want the best value, compare trim content carefully so you do not overpay for equipment you may not need.

Key things to evaluate:

• Trim level: Base models use separate screens and a simpler cabin presentation, while higher trims bring a more unified display layout and a more upscale interior feel.
• Powertrain: The EcoBoost 2.3-liter turbocharged four-cylinder makes 315 horsepower and 350 pound-feet of torque, while the GT’s 5.0-liter V8 makes 480 hp and 415 lb-ft; the optional Active Exhaust raises output slightly to 486 hp and 418 lb-ft.
• Safety package: Standard equipment includes frontal collision warning with automatic emergency braking, lane-keep assist, a blind-spot monitor with rear cross-traffic alert, rear parking sensors, rain-sensing wipers, and automatic high beams. Adaptive cruise control and a safe passenger exit warning are available.
• Infotainment: Every model gets a 13.2-inch touchscreen, a digital instrument cluster, standard Apple CarPlay and Android Auto, Amazon Alexa integration, and a Wi-Fi hotspot. A native navigation system and a 12-speaker Bang & Olufsen audio system are optional.
• Fuel efficiency: The EcoBoost is rated at 22 mpg city, 33 mpg highway, and 26 mpg combined. The GT automatic is rated at 15 mpg city, 24 mpg highway, and 18 mpg combined, and the manual drops fuel economy by 1 mpg across the board.

Which 2024 Ford Mustang trim should I buy?

The 2024 Ford Mustang is offered in 3 trim levels: EcoBoost, GT, and Dark Horse.

Here's the short version:

• Base trim: The EcoBoost is the entry point, and it gives you the core Mustang experience with the standard safety suite and the full tech setup, but it is the least powerful choice.
• Sweet-spot trim: The GT is the best all-around pick if you want the classic muscle-car feel, because it adds the V8 and a much more compelling performance character without moving into the top-end price territory.
• Premium/top trim: The Dark Horse sits at the top of the range and adds more performance hardware and output for buyers who want the most serious version of the car.

Is now a good time to buy a used 2024 Ford Mustang?

This is a moderate market for selective buyers, with enough inventory to shop carefully but not so much deal pressure that every listing is discounted.

• Deal availability: 33.1% of listings are priced as good or great deals.
• Inventory: There are 3,729 listings available.
• Price trend: Prices have softened 5.30% compared with last year.
• Clean inventory: 90.9% of listings are accident-free.

If you find a listing below $35,899.04, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2024 Ford Mustang's resale value?

The current average of $38,020 sits slightly below last year's $40,149.

That softer pricing suggests the market has already adjusted downward, which can help future sellers if they buy at the right price today. A lower entry cost gives you more room to absorb normal depreciation later. Strong demand for the Mustang nameplate should also help keep interest steady when it is time to resell.

Vehicles with strong owner satisfaction ratings, like this model year's 4.75/5, tend to retain buyer demand, which supports resale value over time.

Is the 2024 Ford Mustang safe?

It earns five-star ratings across the board from NHTSA, and the previous generation on which this model is based earned Good ratings from IIHS in all tests except the driver-side small overlap test, where it scored Acceptable.

It earns a 6/10 safety score from our experts.

Standard safety equipment includes frontal collision warning with automatic emergency braking, lane-keep assist, a blind-spot monitor with rear cross-traffic alert, rear parking sensors, rain-sensing wipers, and automatic high beams. Adaptive cruise control and a safe passenger exit warning are available. The main caveat is that current crash test results for this model year are not yet available.

Should I buy a 2024 Ford Mustang or consider a different year?

If you're weighing the 2024 against nearby model years, here's how to think about it:

Choose the 2024 if:

• 33.1% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 90.9% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 5.30% compared with last year.
• Owners rate it 4.75/5 — a strong satisfaction signal.
• The 2024 model brings a significant interior and technology upgrade while keeping the Mustang’s classic performance-first character.

The bottom line: If you want the newest Mustang with the most modern cabin and strong value positioning, the 2024 is the one to target. If your priority is simply the lowest possible purchase price, a nearby older year may save you money, but you give up some of the interior and tech improvements that make this model year stand out.

These recommendations are based on CarGurus' proprietary market data from August 21, 2026, CarGurus experts' opinions, and generative AI.