Used Ford Mustang for Sale nearElmira, NY

How much does the Ford Mustang cost in today's market?

Used Ford Mustang prices span a wide range depending on model year. Here's what the market looks like right now:

The Ford Mustang's current nationwide average price is $27,887, and its lowest point over the past year was $25,618. Recently, prices have come down for the 2024 and 2025 models, making now a good time to shop recent model years.

Is the Ford Mustang a good car?

Yes — the Ford Mustang is a strong choice if you want a used sports car with broad appeal and a long track record of enthusiast-friendly performance. The all-generations owner rating is 4.6/5 across every model year in the data.

Owners consistently praise the Mustang for its powerful performance, fun driving experience, and iconic styling. Across the years, the car also earns repeat praise for its engine variety, strong acceleration, and the emotional appeal of its V8 sound.

Expert reviews rate the 2018 and 2021 models among the highest across all years.

The main tradeoffs in recent expert-reviewed years center on rear-seat space, cargo room, and cabin noise, along with some build-quality and transmission concerns in certain model years.

31.1% of listings are priced as good or great deals.

Are Ford Mustang models reliable?

Owners consistently rate the Mustang highly for performance, styling, and driving enjoyment, and expert commentary repeatedly highlights its strong character and broad range of powertrain choices. Across the model years, it also earns praise for delivering an engaging, enthusiast-focused experience that keeps it appealing as a used buy.

• Owners rate the Ford Mustang between 4.4 and 5 out of 5 stars across all model years in the data.

For long-term ownership, you should pay close attention to model-year history and maintenance records, especially on older examples where reported issues appear more often.

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

Across all model years, at 70.7% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

Older model years carry meaningfully higher accident rates, so always verify the vehicle history report on pre-2022 models.

Key things to evaluate:

• Safety package: 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
• Infotainment: a large 13.2-inch infotainment touchscreen with the Sync 4 infotainment system, Apple CarPlay, Android Auto, and Amazon Alexa integration
• Fuel efficiency: The EPA estimates the four-cylinder EcoBoost will return 22 mpg city, 33 mpg highway, and 26 mpg in combined driving. The V8-powered GT is rated at 15/24 mpg city/highway and 18 mpg combined with the automatic transmission.

Which Ford Mustang trim should I buy?

The 2024 Ford Mustang offers these trims:

• EcoBoost: the entry choice with the 2.3-liter turbo four-cylinder, 10-speed automatic, and the broadest access point to the lineup; best if you want the lowest starting point and everyday performance.
• GT: adds the 5.0-liter V8, six-speed manual, and a more serious muscle-car character; this is the best-value trim for shoppers who want the classic Mustang experience.
• Dark Horse: the top performance model with 500 hp and additional performance enhancements for buyers who want the most focused version in the range.

What Ford Mustang do most buyers choose?

The Ford Mustang years with the most listings are 2025, 2024, and 2023.

These higher-volume years tend to be popular because they give you more listings to compare and a strong mix of pricing and deal availability. That usually makes it easier to find the right combination of condition, equipment, and budget.

What is the Ford Mustang's resale value?

Most model years in the table are down year over year, which points to softer pricing for used buyers across much of the lineup. A few years are flat or rising, so the market is not moving in one direction across every model year. The biggest drops are concentrated in the newer and mid-cycle years, while some older examples are showing modest gains.

The 2018 and 2024 model years are holding steady, with prices close to flat year-over-year.

The 2023, 2022, and 2014 model years have held their value best, with prices flat to rising year-over-year.

Is the Ford Mustang safe?

• 2024: 6/10
• 2021: 9/10
• 2020: 7/10
• 2018: 8/10
• 2016: 9/10
• 2015: 9/10
• 2014: 6/10

Standard safety features for all Mustangs include 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.

For the safest used buy, the 2015, 2016 and 2021 models all post the highest confirmed score of 9/10.

Should I buy a used Ford Mustang now or wait for the next model?

Buy now if:

• Price trend: The 2025 model is at −6.44% versus a year ago, and the 2024 model is at −0.03%.
• Deal availability: The 2025 model has 33.2% good and great deals, and the 2024 model has 33.9%.
• Sweet-spot year: The 2025 model has the most listings at a current average price of $42,058. The Ford Mustang offers a classic rear-drive sports-car character with broad trim and engine variety that keeps it appealing across model years.

Consider waiting if:

• Powertrain/efficiency: The 2024 Mustang's entry-level engine is the EcoBoost 2.3-liter turbocharged four-cylinder that produces 315 horsepower and 350 pound-feet of torque. The GT's Coyote 5.0-liter V8 is good for 480 hp and 415 lb-ft of torque.
• Tech: All 2024 Mustangs come with a large 13.2-inch infotainment touchscreen and a digital instrument cluster, and Apple CarPlay and Android Auto are standard along with Amazon Alexa integration.
• Safety: Standard safety features for all Mustangs include 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.
• Starting price: The base 2024 Ford Mustang EcoBoost has a starting price of $32,515.

If you're buying used today, the 2025 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for the next model year's inventory to build up.

How does the 2023 Ford Mustang compare to the 2023 Chevrolet Camaro?

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from November 3, 2026, CarGurus experts' opinions, and generative AI.

Compare 2026 Ford Mustang Trims

The 2026 Ford Mustang lineup offers a range of trims from budget-friendly EcoBoost models to powerful GT variants, all featuring RWD.

• Starting at $30,893
• Best MPG/MPGe: 22 city / 33 hwy
• Most Popular: EcoBoost Premium Convertible RWD

Trim Overview

Prices updated weekly from CarGurus listings.

Quick Compare Table

Listing prices sourced from CarGurus — updated weekly. OEM specs from manufacturer data.

Missing data displayed as "—".

Trim Deep Dives

EcoBoost Fastback RWD — "Who It's For"

The EcoBoost Fastback is the pick for shoppers who want a sporty Mustang experience without paying for premium features.

• Avg. market price: $30,893 (updated weekly)
• MPG/MPGe: 22 city / 33 hwy
• Inventory: 609 listings
• View EcoBoost Fastback RWD listings

EcoBoost Premium Fastback RWD — "Who It's For"

The EcoBoost Premium Fastback is the pick for shoppers who want added luxury features without stepping up to a V8.

• Avg. market price: $33,242 (updated weekly)
• MPG/MPGe: 22 city / 33 hwy
• Inventory: 395 listings
• View EcoBoost Premium Fastback RWD listings

EcoBoost Convertible RWD — "Who It's For"

The EcoBoost Convertible is the pick for shoppers who want an open-air driving experience without the highest price tag.

• Avg. market price: $36,728 (updated weekly)
• MPG/MPGe: 22 city / 33 hwy
• Inventory: 187 listings — lower availability; may limit negotiating room
• View EcoBoost Convertible RWD listings

EcoBoost Premium Convertible RWD — "Who It's For"

The EcoBoost Premium Convertible is the pick for shoppers who want a stylish convertible with premium features.

• Avg. market price: $37,124 (updated weekly)
• MPG/MPGe: 22 city / 33 hwy
• Inventory: 1,239 listings — widest selection in the lineup
• View EcoBoost Premium Convertible RWD listings

GT Fastback RWD — "Who It's For"

The GT Fastback is the pick for shoppers who want a powerful V8 without going for the top-tier options.

• Avg. market price: $47,335 (updated weekly)
• MPG/MPGe: 15 city / 23 hwy
• Inventory: 552 listings
• View GT Fastback RWD listings

GT Premium Fastback RWD — "Who It's For"

The GT Premium Fastback is the pick for shoppers who want a blend of luxury and performance in a V8 package.

• Avg. market price: $58,069 (updated weekly)
• MPG/MPGe: 15 city / 23 hwy
• Inventory: 1,066 listings — widest selection in the lineup
• View GT Premium Fastback RWD listings

GT Premium Convertible RWD — "Who It's For"

The GT Premium Convertible is the pick for shoppers who want a luxurious open-top experience with V8 power.

• Avg. market price: $53,251 (updated weekly)
• MPG/MPGe: 15 city / 23 hwy
• Inventory: 847 listings
• View GT Premium Convertible RWD listings

Dark Horse Fastback RWD — "Who It's For"

The Dark Horse Fastback is the pick for shoppers who want a fully loaded performance Mustang with unique features.

• Avg. market price: $66,107 (updated weekly)
• MPG/MPGe: 14 city / 22 hwy
• Inventory: 229 listings
• View Dark Horse Fastback RWD listings

Trim Recommendations

Most Popular — EcoBoost Premium Convertible RWD

With 1,239 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 $30,893 avg market price — below the lineup median of $42,229 — 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 efficiency in the lineup at 22/33 MPG/MPGe.

Browse EcoBoost Fastback RWD listings

These recommendations are based on CarGurus' proprietary market data from November 5, 2026, CarGurus experts' opinions, and generative AI.