Ford Mustang Depreciation

A Ford Mustang will depreciate 48% after 5 years and have a 5 year resale value of $26,114.

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 $50,539 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 $11,629 76.99% $38,910 12,000 2025
2 $14,121 72.06% $36,418 24,000 2026
3 $18,624 63.15% $31,915 36,000 2027
4 $22,919 54.65% $27,620 48,000 2028
5 $24,425 51.67% $26,114 60,000 2029
6 $27,731 45.13% $22,808 72,000 2030
7 $28,989 42.64% $21,550 84,000 2031
8 $31,673 37.33% $18,866 96,000 2032
9 $33,088 34.53% $17,451 108,000 2033
10 $34,397 31.94% $16,142 120,000 2034

Ford Mustang Depreciation

Years Old Depreciation Residual Value Resale Value
1 $11,629 76.99% $38,910
2 $14,121 72.06% $36,418
3 $18,624 63.15% $31,915
4 $22,919 54.65% $27,620
5 $24,425 51.67% $26,114
6 $27,731 45.13% $22,808
7 $28,989 42.64% $21,550
8 $31,673 37.33% $18,866
9 $33,088 34.53% $17,451
10 $34,397 31.94% $16,142

Buying a Ford Mustang New vs Used

If you purchase a used Ford Mustang that is 2 years old, then you could save $14,121 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 $10,304. 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 $2,560 per year. This adds up to around $12,800 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 2023 Ford Mustang is our top pick for the best model year value for the Mustang. With the 2023, you would only pay, on average, 77% of the price as new, with 92% of the vehicle's useful life remaining. The 2020 and 2021 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
2024 $50,539 $50,539 $347 $0 0% 100%
2023 $51,809 $39,889 $399 $10,650 21.07% 76.99% Best
2022 $49,054 $35,350 $481 $4,539 11.38% 72.06% Good
2021 $48,922 $30,893 $612 $4,457 12.61% 63.15% Better
2020 $66,490 $36,336 $721 +$5,443 -17.62% 54.65% Better
2019 $61,921 $31,993 $892 $4,343 11.95% 51.67% Good
2018 $58,531 $26,415 $1,025 $5,578 17.44% 45.13%
2017 $57,519 $24,527 $1,076 $1,888 7.15% 42.64%
2016 $56,535 $21,105 $1,111 $3,422 13.95% 37.33%
2015 $46,130 $19,923 $1,157 $1,182 5.6% 43.19%
2014 $37,346 $13,602 $1,224 $6,321 31.73% 36.42%
2013 $39,063 $13,613 $1,329 +$11 -0.08% 34.85%
2012 $37,341 $12,331 $1,432 $1,282 9.42% 33.02%
Year Price % Paid Value Rank
2024 $50,539 100%
2023 $39,889 76.99% Best
2022 $35,350 72.06% Good
2021 $30,893 63.15% Better
2020 $36,336 54.65% Better
2019 $31,993 51.67% Good
2018 $26,415 45.13%
2017 $24,527 42.64%
2016 $21,105 37.33%
2015 $19,923 43.19%
2014 $13,602 36.42%
2013 $13,613 34.85%
2012 $12,331 33.02%

Ford Mustang 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.

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:

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