Ford Mustang Depreciation
A Ford Mustang will depreciate 57% after 5 years and have a 5 year resale value of $22,505.
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 13,500 miles per year. It also assumes a selling price of $52,046 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
| Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
|---|---|---|---|---|---|
| 1 | $20,345 | 60.91% | $31,701 | 13,500 | 2026 |
| 2 | $22,333 | 57.09% | $29,713 | 27,000 | 2027 |
| 3 | $23,114 | 55.59% | $28,932 | 40,500 | 2028 |
| 4 | $23,894 | 54.09% | $28,152 | 54,000 | 2029 |
| 5 | $29,541 | 43.24% | $22,505 | 67,500 | 2030 |
| 6 | $30,322 | 41.74% | $21,724 | 81,000 | 2031 |
| 7 | $31,103 | 40.24% | $20,943 | 94,500 | 2032 |
| 8 | $31,883 | 38.74% | $20,163 | 108,000 | 2033 |
| 9 | $32,664 | 37.24% | $19,382 | 121,500 | 2034 |
| 10 | $34,116 | 34.45% | $17,930 | 135,000 | 2035 |
Ford Mustang Depreciation
| Years Old | Depreciation | Residual Value | Resale Value |
|---|---|---|---|
| 1 | $20,345 | 60.91% | $31,701 |
| 2 | $22,333 | 57.09% | $29,713 |
| 3 | $23,114 | 55.59% | $28,932 |
| 4 | $23,894 | 54.09% | $28,152 |
| 5 | $29,541 | 43.24% | $22,505 |
| 6 | $30,322 | 41.74% | $21,724 |
| 7 | $31,103 | 40.24% | $20,943 |
| 8 | $31,883 | 38.74% | $20,163 |
| 9 | $32,664 | 37.24% | $19,382 |
| 10 | $34,116 | 34.45% | $17,930 |
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Buying a Ford Mustang New vs Used
If you purchase a used Ford Mustang that is 2 years old, then you could save $22,333 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 $7,208. 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 $2,666 per year. This adds up to around $13,330 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 2024 Ford Mustang is our top pick for the best model year value for the Mustang. With the 2024, you would only pay, on average, 61% of the price as new, with 92% of the vehicle's useful life remaining. The 2023 and 2022 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 |
|---|---|---|---|---|---|---|---|
| 2025 | $52,046 | $52,046 | $344 | $0 | 0% | 100% | |
| 2024 | $49,690 | $30,266 | $391 | $21,780 | 41.85% | 60.91% | Best |
| 2023 | $45,126 | $25,762 | $482 | $4,504 | 14.88% | 57.09% | Better |
| 2022 | $45,028 | $25,031 | $603 | $731 | 2.84% | 55.59% | Better |
| 2021 | $42,852 | $23,179 | $720 | $1,852 | 7.4% | 54.09% | Good |
| 2020 | $51,779 | $22,388 | $929 | $791 | 3.41% | 43.24% | Good |
| 2019 | $46,709 | $19,496 | $1,024 | $2,892 | 12.92% | 41.74% |
| Year | Price | % Paid | Value Rank |
|---|---|---|---|
| 2025 | $52,046 | 100% | |
| 2024 | $30,266 | 60.91% | Best |
| 2023 | $25,762 | 57.09% | Better |
| 2022 | $25,031 | 55.59% | Better |
| 2021 | $23,179 | 54.09% | Good |
| 2020 | $22,388 | 43.24% | Good |
| 2019 | $19,496 | 41.74% |
Ford Mustang Depreciation Rankings
We've ranked over 300 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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