Skip to content
  • About Us
  • Contact Us
  • Privacy Policy
  • Auto Shopping
    • Auto Financing
    • Used Cars
  • Car Bodystyle
    • Coupes
    • Hot Hatches
    • Pickup Trucks
    • Sedans
    • SUVs
  • Car Lifestyle
    • Affordable Cars
    • EV/Hybrid
    • Family Vehicles
    • Muscle Cars
    • Off-Road
    • Sports Cars
    • Truck Stuff
  • Car Tips
    • Maintenance
    • Safety
  • Marketing
  • About Us
    • About Us
    • Contact Us
    • Privacy Policy
  • Home
  • 2021
  • August
  • 16
  • What You Can Expect From Buying a Used Ford Mustang
  • Ford
  • Muscle Cars
16
August, 2021August 5, 2022

What You Can Expect From Buying a Used Ford Mustang

Used-Ford-Mustang

If you’re looking to buy a used Ford Mustang, it’s important to go beyond just the purchase price to find the total cost of owning the car. Factors like maintenance, insurance, and fuel economy should be compiled to give you a true picture of the cost of ownership.

How Much is a Used Ford Mustang?

The selling price of a used Ford Mustang depends on its condition as well as the model year. On average, base models of the Ford Mustang between the 2012 and 2016 model year will cost between $13,000 and $19,000. GT models of a similar model year range will usually be in the low to mid $20,000s. Older Mustang models will be trendless in price until you get to classic models and then the price goes higher. Used Ford Mustangs in perfect condition and with low miles will obviously tend to cost more than high-mileage vehicles with some repair needs.

Expected Maintenance Costs of a Used Ford Mustang

The average yearly maintenance cost of a Ford Mustang is roughly $709 on average. The average vehicle costs around $650 to maintain over a one-year period, so that makes the Mustang only slightly more expensive than average. The Mustang scores better than the industry average when it comes to the frequency of repairs. The industry average is 1.3 major repairs every three years and the Mustang’s score is at .60.

There are many other factors that impact maintenance costs, including driving conditions, driving region, regular maintenance, and the exact mechanical details of the vehicle. For example, a manual transmission may last longer than an automatic transmission, but you may have to replace the clutch sooner than a major repair on an automatic.

Insurance Costs of a Used Ford Mustang

Similar to maintenance costs, insurance costs definitely vary depending on where you’re located, your driving record, age group, marital status, and even your credit score. Insurance costs will also depend on whether your Mustang is financed and the age of the Mustang. For example, the average liability cost on a 2017 Ford Mustang is $470 vs. $510 on a 2014 Ford Mustang. However, comprehensive numbers are in the reverse. The 2017 model has an average cost of $308 and the 2014 model has an average cost of $270.Why are Mustangs often expensive to insure? There are a few reasons. One is the high horsepower of many models, another reason is that theft is quite common with sports cars.

Fuel Costs of a Used Ford Mustang

The fuel economy of the Ford Mustang is another ownership cost to consider. A V8 Mustang gets roughly 18 MPG combined. Four-cylinder Mustangs fare better at about 23 MPG combined. V6 models are somewhat in the middle at about 21 MPG combined. Remember, as your Mustang racks up more miles, your fuel economy is likely to go down. Your exact fuel costs will vary depending on gas prices in your area and how much you drive. Finding a great deal on a used Ford Mustang is only the start of your ownership journey.’

Make sure to calculate other costs to avoid surprises later

This post may contain affiliate links. Meaning a commission is given should you decide to make a purchase through these links, at no cost to you. All products shown are researched and tested to give an accurate review for you.

Classic MustangFordMuscle CarMustangV6V8
Prev post Family Driving Is Better in the Honda Odyssey Elite
Next post 2022 Subaru Impreza: It’s the Complete Package

Jamie R

Related Posts

Top 5 Used Trucks for the Jobsite
  • Dodge
  • Ford
  • Nissan
  • Pickup Truck
  • Pickup Trucks
  • RAM
  • Toyota
  • Truck Stuff

Top 5 Used Trucks for the Jobsite

Top 3 Trucks for Towing and Hauling Construction Equipment
  • Chevrolet
  • Ford
  • GMC
  • Pickup Trucks
  • RAM

Top 3 Trucks for Towing and Hauling Construction Equipment

Top 5 Full-Size Pickup Trucks for 2023
  • Chevrolet
  • Ford
  • Nissan
  • Pickup Trucks
  • RAM
  • Toyota
  • Truck Stuff

Top 5 Full-Size Pickup Trucks for 2023

Categories

  • Acura
  • Affordable Cars
  • Alfa Romeo
  • Aston Martin
  • ATVs
  • Audi
  • Auto Financing
  • Auto Shopping
  • BMW
  • Brand
  • Bugatti
  • Buick
  • Cadillac
  • Car Bodystyle
  • Car Lifestyle
  • Car Tips
  • Chevrolet
  • Chrysler
  • Coupes
  • Dodge
  • EV/Hybrid
  • Family Vehicles
  • Ferrari
  • Fiat
  • Ford
  • Genesis
  • GMC
  • Honda
  • Hot Hatches
  • Hyundai
  • Infiniti
  • Jaguar
  • Jeep
  • John Deere
  • Kia
  • Kubota
  • Lamborghini
  • Land Rover
  • Lawn and Motorsports
  • Leasing
  • Lexus
  • Lincoln
  • Luxury
  • Mahindra
  • Maintenance
  • Marketing
  • Mazda
  • McLaren
  • Mercedes-AMG
  • Mercedes-Benz
  • Minivan
  • Mitsubishi
  • Muscle Cars
  • Nissan
  • Off-Road
  • Offbeat
  • Pickup Truck
  • Pickup Trucks
  • Polaris
  • Polestar
  • Porsche
  • RAM
  • Rolls-Royce
  • Roush
  • Safety
  • Sedans
  • Sports Cars
  • Subaru
  • SUVs
  • Tech
  • Tesla
  • Toyota
  • Tractors
  • Truck Stuff
  • Uncategorized
  • Used Cars
  • Volkswagen
  • Volvo

Recent Posts

  • Best Secondhand GMC Vehicles to Buy
  • The Future of Electric Cars: What to Expect in the Next Decade
  • 5 Terrible Car Mods People Ruin their Cars With
  • The Best Road Trips in America to Experience the Thrill of Driving
  • Nissan Pursues Ambition 2030 Goal with Arizon Concept

Get In Touch

Your Copy Right Text | Influence Blog by Everestthemes
  • About Us
  • Contact Us
  • Privacy Policy
Go to mobile version