Used Ford Mustang for Sale near Waterloo, IN
CarGurus recommends the 2023 Ford Mustang
## Summary
- With 3,021 currently listed for sale on CarGurus and an **average price of $29,151.00**, 30.2% 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.
- **87.2% of 2023 Mustang models on CarGurus are accident-free**.
- The 2023 Ford Mustang continues to deliver a thrilling driving experience, praised for its impressive performance, convertible features, and high-quality sound system.
## Why it stands out
The 2023 Ford Mustang stands out as a modern representation of a classic American muscle car, combining iconic styling with advanced technology and performance. Buyers appreciate the exhilarating acceleration as well as the diverse range of engine options, including robust V8s that contribute to its legendary legacy. The convertible variant of the Mustang enhances the driving experience, allowing enthusiasts to enjoy the open air while still reveling in the expected power and handling that has made the Mustang a favorite for decades. With a blend of nostalgia and contemporary features, the 2023 Ford Mustang appeals to both new buyers and long-time fans of the model.
## Other model years to consider
- **[2018 Ford Mustang](https://www.cargurus.com/Cars/l-Used-2018-Ford-Mustang-c26669)**
- Average price: $21,623.00
- Good/great deal percentage: 29.4%
- User rating: 4.93 / 5
- Total listings: 1,839
- **[2024 Ford Mustang](https://www.cargurus.com/Cars/l-Used-2024-Ford-Mustang-c32521)**
- Average price: $36,752.00
- Good/great deal percentage: 30.6%
- User rating: 4.72 / 5
- Total listings: 3,134
- **[2021 Ford Mustang](https://www.cargurus.com/Cars/l-Used-2021-Ford-Mustang-c31102)**
- Average price: $28,809.00
- Good/great deal percentage: 29.1%
- User rating: 4.72 / 5
- Total listings: 1,861
These recommendations are based on CarGurus' proprietary market data from March 9, 2026, CarGurus experts' opinions, and generative AI.
4.6 Overall rating
(5,321 reviews)Customers say
Overall, the Ford Mustang consistently impresses drivers with its powerful performance, fun driving experience, and iconic styling throughout the years. Owners frequently praise the exhilarating acceleration, handling, and variety of engine options. The thrilling sound of the V8 engines adds to the driving enjoyment. However, some drivers express concerns about limited backseat space and fuel economy, as well as occasional issues with reliability and build quality in older models. Despite these drawbacks, the Mustang is often celebrated as a beloved classic that offers both excitement and nostalgia.
AI generated from the text of customer reviews.
What people say
Sounds like a race car inside and out, which you can adjust to your preference. I like how the interior sounds like a heartbeat when you start the car. The wireless phone charger is a great touch. Heated and cooled seats. The interior is comfortable and I like the screen. I have not put in it into driving racing mode yet.
I put 16000 miles on a new 2020 Mustang. Absolutely no issues. It also got great gas mileage. I averaged 29.6 mpg for the whole time I owned the car. I had the manual which was a little stiff when I first got it but worked in great.
Overall..looked great...body showed no signs of dents, scratches. Interior very nice except for door trim peeling back. Car ran good...shifting required extra effort going to third...but no real issues.
Love the Car... more than enough speed for me and definitely will turn some heads with the top down and just cruising by! Wish they made it in a hard top convertible but definitely worth the purchase!
The 2020 Ford Mustang EcoBoost HPP: A Balanced Masterpiece The 2020 Ford Mustang EcoBoost High Performance Package (HPP) represents a unique blend of spirited performance, efficiency, and everyday practicality. While the Mustang name traditionally evokes the rumble of a V8, this EcoBoost variant proves that turbocharged four-cylinder power can deliver just as much excitement with a modern twist. Under the hood lies a 2.3L turbocharged engine generating an impressive 330 horsepower, enabling a 0-60 mph time of just 4.5 seconds. This level of performance, paired with MagneRide suspension and a Torsen limited-slip differential, gives the EcoBoost HPP dynamic handling characteristics that shine on both the open road and twisty mountain passes. What truly sets this Mustang apart is its balance of performance and fuel efficiency. Rated at 20-27 MPG, it offers a range of approximately 450 miles per tank, making it an excellent choice for road trips. This was evident during a recent drive from Oregon to Colorado, where the EcoBoost excelled at tackling diverse terrains while offering a smooth and comfortable ride. Beyond its performance, the EcoBoost HPP proves to be a stylish and versatile companion. Its sleek design, aggressive stance, and advanced technology make it a car that commands attention. Whether cruising through fall foliage or tearing up the quarter-mile track, this Mustang excels in every scenario. For enthusiasts seeking a thrilling, efficient, and modern take on the Mustang legacy, the EcoBoost HPP is a masterpiece.
Ford Mustang FAQs
What is the best year of the Mustang GT to buy used?
The 2011-2014 Mustang GT models are often considered the best years to buy used. These years mark the debut of the Coyote engine, which initially produced an impressive 412 horsepower and later models upped that figure to 420 horsepower. This generation combines strong performance, modern styling, and improved reliability, making it a top choice for enthusiasts and casual drivers alike.
Is a 5.0 Mustang a V8?
Yes, the 5.0 Mustang, often referred to as the Mustang GT, is equipped with a 5.0L Ti-VCT V8 engine. This powerful engine is known for its pulse-raising performance and produces significant horsepower and torque, making it a favorite among those who enjoy spirited driving and muscle car performance.
Are used Mustang GTs reliable?
Used Mustang GT models have a good reputation for reliability, especially the 2014 model, which received a superb reliability score of 5.0 out of 5.0 from Consumer Reports. While some earlier models experienced issues like bubbling paint on the hood, these problems are less prevalent in the 2014 model year. Overall, with proper maintenance, a used Mustang GT can be a dependable and exciting car to own.
Is it worth it to buy a Mustang?
Yes, buying a Mustang is often worth it, especially if you appreciate sporty performance and iconic styling. The Mustang is one of the most usable sporty cars, offering a lusty V8 engine, timeless design, and good reliability. It runs well on regular petrol, though higher octane fuel is preferred when available. Additionally, its ability to handle various road conditions and bumps makes it a versatile choice for everyday driving.
Is the Mustang 5.0 GT fast?
The Mustang 5.0 GT is indeed fast. The 2022 Mustang GT, equipped with a 5.0L V8 engine producing 450 horsepower, can reach a top speed of 163 miles per hour. It accelerates from 0 to 60 mph in just 4.4 seconds, delivering thrilling performance that lives up to the Mustang's legendary status in the muscle car world.
How much does the Ford Mustang cost in Waterloo, IN?
The average Ford Mustang costs about $26,392.88. The average price has decreased by -2.6% since last year. The 999 for sale near Waterloo, IN on CarGurus, range from $3,080 to $704,698 in price.
Is the Ford Mustang a good car?
CarGurus experts gave the 2024 Ford Mustang an overall rating of 7.2/10 and Ford Mustang owners have rated the vehicle a 4.6/5 stars on average. If a vehicle has both strong expert and owner reviews, you can feel confident in its quality. If either expert reviews, owner reviews, or both are spotty, you might want to do some research to figure out where the car falls short.
How many Ford Mustang vehicles in Waterloo, IN have no reported accidents or damage?
955 out of 999 for sale near Waterloo, IN have no reported accidents or damage.
Is the Ford Mustang safe?
CarGurus experts gave the 2024 Ford Mustang a safety rating of 6/10.
What fuel types are available?
Gasoline engines are available.
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