Ford Mustang Depreciation

A Ford Mustang will depreciate 44% after 5 years and have a 5 year resale value of $20,305.

The iconic Ford Mustang does a great job at holding its value, especially in its vehicle class. While the Corvette does better over the long term, Mustang buyers don't buy Corvettes, so don't even go there. Even over the long term, Mustangs resale values hang in there, as Ford has done a great job supporting the brand, and refreshing the line along the way--so much so, that it is one of the few remaining passenger cars that Ford still builds.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 miles per, and assumes a purchase price of $36,370 when new. Key in your purchase price, expected ownership period and estimated annual miles driven into our depreciation calculator, and we'll predict an expected resale value just for you.

Ford Mustang Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $8,252 77.31% $28,118 13,500 2021
2 $11,802 67.55% $24,568 27,000 2022
3 $12,977 64.32% $23,393 40,500 2023
4 $14,410 60.38% $21,960 54,000 2024
5 $16,065 55.83% $20,305 67,500 2025
6 $20,316 44.14% $16,054 81,000 2026
7 $21,589 40.64% $14,781 94,500 2027
8 $22,993 36.78% $13,377 108,000 2028
9 $23,997 34.02% $12,373 121,500 2029
10 $26,143 28.12% $10,227 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $8,252 77.31% $28,118
2 $11,802 67.55% $24,568
3 $12,977 64.32% $23,393
4 $14,410 60.38% $21,960
5 $16,065 55.83% $20,305
6 $20,316 44.14% $16,054
7 $21,589 40.64% $14,781
8 $22,993 36.78% $13,377
9 $23,997 34.02% $12,373
10 $26,143 28.12% $10,227

Ford Mustang Depreciation Calculator

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If you purchase a used Ford Mustang that is 2 years old, then you could save $11,802 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $4,263. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used Mustang models become available.

The Best Model Years to Buy a Ford Mustang

The 2018 Ford Mustang is our top pick for the best model year value for the Mustang. With the 2018, you would only pay, on average, 68% of the price as new, with 83% of the vehicle's useful life remaining. The 2019 and 2017 model years are also attractive years for the Mustang, and provide a relatively good value. Our rankings consider multiple factors, including the Mustang's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the Ford Mustang models.

Ford Mustang Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2020 $36,370 $36,370 $185 $0 0% 100%
2019 $36,203 $28,211 $222 $8,159 22.43% 77.31% Better
2018 $36,060 $24,650 $291 $3,561 12.62% 67.55% Best
2017 $36,775 $24,051 $397 $599 2.43% 64.32% Better
2016 $35,102 $21,660 $466 $2,391 9.94% 60.38% Good
2015 $35,749 $20,567 $607 $1,093 5.05% 55.83%
2014 $33,672 $15,727 $864 $4,840 23.53% 44.14% Good
2013 $36,086 $15,651 $986 $76 0.48% 40.64%
2012 $36,494 $14,488 $1,066 $1,163 7.43% 36.78%
2011 $36,330 $13,588 $1,227 $900 6.21% 34.02%
2010 $34,928 $11,085 $1,262 $2,503 18.42% 28.12%
2009 $32,606 $10,816 $1,456 $269 2.43% 28.71%
2008 $30,900 $9,993 $1,730 $823 7.61% 26.74%
Year Price % Paid Value Rank
2020 $36,370 100%
2019 $28,211 77.31% Better
2018 $24,650 67.55% Best
2017 $24,051 64.32% Better
2016 $21,660 60.38% Good
2015 $20,567 55.83%
2014 $15,727 44.14% Good
2013 $15,651 40.64%
2012 $14,488 36.78%
2011 $13,588 34.02%
2010 $11,085 28.12%
2009 $10,816 28.71%
2008 $9,993 26.74%
Our Favorite Ford Mustang Photo

About Our Data and "Useful Lifespan"

We aggregate and analyze millions of automotive data points from a variety of sources, including some of the industry's leading data providers. The historical depreciation tables, charts, values and overall rankings are conducted on a semi-annual basis, with our most recent update published in April 2020.

While the "Useful Lifespan" of a vehicle will vary greatly from one model to the next, and even one owner to the next, we have determined that twelve years is the most appropriate timeframe which will yield us good, usable data - and that any data beyond that timeframe becomes more dispersed, and ultimately less reliable. Moreover, maintenance costs beyond that timeframe become significantly more varied, as a vehicle owner's care of a particular vehicle will greatly impact its value, and ongoing maintenance costs. We are very much hopeful, however, that your car or truck will last well beyond twelve years, and that it gets you to where you want to go.

If you would like to know more about our data and process, check out our FAQ here.