Ford Mustang Depreciation

A Ford Mustang will depreciate 24% after 5 years and have a 5 year resale value of $37,281.

The iconic Ford Mustang does a great job at holding its value, and ranks in the top 25% of popular models at both years 5 and 7. Ford continues to invest in the Mustang platform with its high-performance models, and that investment has paid off in both the new and used marketplaces.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $49,054 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Ford Mustang.

Ford Mustang Depreciation Calculator

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Ford Mustang Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $4,680 90.46% $44,374 12,000 2022
2 $8,761 82.14% $40,293 24,000 2023
3 $9,811 80.00% $39,243 36,000 2024
4 $10,792 78.00% $38,262 48,000 2025
5 $11,773 76.00% $37,281 60,000 2026
6 $12,754 74.00% $36,300 72,000 2027
7 $14,692 70.05% $34,362 84,000 2028
8 $20,627 57.95% $28,427 96,000 2029
9 $21,142 56.90% $27,912 108,000 2030
10 $25,557 47.90% $23,497 120,000 2031

Ford Mustang Depreciation

Years Old Depreciation Residual Value Resale Value
1 $4,680 90.46% $44,374
2 $8,761 82.14% $40,293
3 $9,811 80.00% $39,243
4 $10,792 78.00% $38,262
5 $11,773 76.00% $37,281
6 $12,754 74.00% $36,300
7 $14,692 70.05% $34,362
8 $20,627 57.95% $28,427
9 $21,142 56.90% $27,912
10 $25,557 47.90% $23,497

Buying a Ford Mustang New vs Used

If you purchase a used Ford Mustang that is 2 years old, then you could save $8,761 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 $3,012. 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.

What About Ford Mustang Insurance Costs?

The average cost to insure a Ford Mustang is about $1,937 per year. This adds up to around $9,685 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a Ford Mustang. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure

The Best Model Years to Buy a Ford Mustang

The 2021 Ford Mustang is our top pick for the best model year value for the Mustang. With the 2021, you would only pay, on average, 90% of the price as new, with 92% of the vehicle's useful life remaining. The 2020 and 2019 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
2022 $49,054 $49,054 $279 $0 0% 100%
2021 $48,922 $44,572 $319 $4,482 9.14% 90.46% Best
2020 $41,693 $34,631 $384 $9,941 22.3% 82.14% Better
2019 $36,203 $28,962 $487 $5,669 16.37% 80% Better
2018 $36,060 $28,127 $572 $835 2.88% 78% Good
2017 $36,775 $27,949 $707 $178 0.63% 76% Good
2016 $35,102 $25,975 $980 $1,974 7.06% 74%
2015 $35,749 $26,131 $1,089 +$156 -0.6% 70.05%
2014 $33,672 $20,704 $1,190 $5,427 20.77% 57.95%
2013 $36,086 $21,872 $1,340 +$1,168 -5.64% 56.9%
2012 $36,494 $18,838 $1,359 $3,034 13.87% 47.9%
2011 $36,330 $17,075 $1,520 $1,763 9.36% 47%
2010 $34,928 $15,988 $1,752 $1,087 6.37% 40.76%
Year Price % Paid Value Rank
2022 $49,054 100%
2021 $44,572 90.46% Best
2020 $34,631 82.14% Better
2019 $28,962 80% Better
2018 $28,127 78% Good
2017 $27,949 76% Good
2016 $25,975 74%
2015 $26,131 70.05%
2014 $20,704 57.95%
2013 $21,872 56.9%
2012 $18,838 47.9%
2011 $17,075 47%
2010 $15,988 40.76%

Ford Mustang Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Ford Mustang ranks for Depreciation compared to other vehicles. Also check out how the Mustang stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other Ford Mustang Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Ford Mustang costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: