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2023 Ford Mustang

MSRP range: $27,770 - $55,570 Price range reflects Base MSRP for various trim levels, not including options or fees.

2023 Ford Mustang video

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NOTE: This video is about the 2022 Ford Mustang, but since the 2023 Ford Mustang is part of the same generation, our earlier analysis still applies.


FAQ

Is the Ford Mustang a good car?

The Edmunds experts tested the 2023 Mustang both on the road and at the track, giving it a 7.9 out of 10. What about cargo capacity? When you're thinking about carrying stuff in your new car, keep in mind that the Mustang has 13.5 cubic feet of trunk space. And then there's safety and reliability. Edmunds has all the latest NHTSA and IIHS crash-test scores, plus industry-leading expert and consumer reviews to help you understand what it's like to own and maintain a Ford Mustang. Learn more

What's new in the 2023 Ford Mustang?

According to Edmunds’ car experts, here’s what’s new for the 2023 Ford Mustang:

  • Carries on without changes before a new Mustang launches next year
  • Part of the sixth Mustang generation introduced for 2015
Learn more

Is the Ford Mustang reliable?

To determine whether the Ford Mustang is reliable, read Edmunds' authentic consumer reviews, which come from real owners and reveal what it's like to live with the Mustang. Look for specific complaints that keep popping up in the reviews, and be sure to compare the Mustang's average consumer rating to that of competing vehicles. Learn more

Is the 2023 Ford Mustang a good car?

There's a lot to consider if you're wondering whether the 2023 Ford Mustang is a good car. Edmunds' expert testing team reviewed the 2023 Mustang and gave it a 7.9 out of 10. Safety scores, fuel economy, cargo capacity and feature availability should all be factors in determining whether the 2023 Mustang is a good car for you. Learn more

How much should I pay for a 2023 Ford Mustang?

The least-expensive 2023 Ford Mustang is the 2023 Ford Mustang EcoBoost 2dr Coupe (2.3L 4cyl Turbo 6M). Including destination charge, it arrives with a Manufacturer's Suggested Retail Price (MSRP) of about $27,770.

Other versions include:

  • EcoBoost 2dr Coupe (2.3L 4cyl Turbo 6M) which starts at $27,770
  • EcoBoost Premium 2dr Coupe (2.3L 4cyl Turbo 6M) which starts at $32,795
  • GT 2dr Coupe (5.0L 8cyl 6M) which starts at $38,345
  • GT Premium 2dr Coupe (5.0L 8cyl 6M) which starts at $43,365
  • Mach 1 2dr Coupe (5.0L 8cyl 6M) which starts at $55,570
Learn more

What are the different models of Ford Mustang?

If you're interested in the Ford Mustang, the next question is, which Mustang model is right for you? Mustang variants include EcoBoost 2dr Coupe (2.3L 4cyl Turbo 6M), EcoBoost Premium 2dr Coupe (2.3L 4cyl Turbo 6M), GT 2dr Coupe (5.0L 8cyl 6M), and GT Premium 2dr Coupe (5.0L 8cyl 6M). For a full list of Mustang models, check out Edmunds’ Features & Specs page. Learn more

More about the 2023 Ford Mustang

2023 Ford Mustang Overview

The 2023 Ford Mustang is offered in the following submodels: Mustang Coupe, Mustang Mach 1, Mustang Convertible. Available styles include EcoBoost 2dr Coupe (2.3L 4cyl Turbo 6M), GT 2dr Coupe (5.0L 8cyl 6M), GT Premium 2dr Coupe (5.0L 8cyl 6M), EcoBoost Premium 2dr Coupe (2.3L 4cyl Turbo 6M), Mach 1 2dr Coupe (5.0L 8cyl 6M), GT Premium 2dr Convertible (5.0L 8cyl 6M), EcoBoost Premium 2dr Convertible (2.3L 4cyl Turbo 6M), and EcoBoost 2dr Convertible (2.3L 4cyl Turbo 6M). Ford Mustang models are available with a 2.3 L-liter gas engine or a 5.0 L-liter gas engine, with output up to 460 hp, depending on engine type. The 2023 Ford Mustang comes with rear wheel drive. Available transmissions include: 6-speed manual.

What do people think of the 2023 Ford Mustang?

Consumer ratings and reviews are also available for the 2023 Ford Mustang and all its trim types. Overall, Edmunds users rate the 2023 Mustang 4.5 on a scale of 1 to 5 stars. Edmunds consumer reviews allow users to sift through aggregated consumer reviews to understand what other drivers are saying about any vehicle in our database. Detailed rating breakdowns (including performance, comfort, value, interior, exterior design, build quality, and reliability) are available as well to provide shoppers with a comprehensive understanding of why customers like the 2023 Mustang.

Pros

  • Strong power from both the four-cylinder and V8 engines
  • Civilized ride and low noise levels
  • Cabin blends modern convenience with retro style

Cons

  • Impractical back seat
  • Performance-package ride quality can be harsh
  • Long, heavy doors yet mediocre cabin access

Edmunds Expert Reviews

Edmunds experts have compiled a robust series of ratings and reviews for the 2023 Ford Mustang and all model years in our database. Our rich content includes expert reviews and recommendations for the 2023 Mustang featuring deep dives into trim levels and features, performance, mpg, safety, interior, and driving. Edmunds also offers expert ratings, road test and performance data, long-term road tests, first-drive reviews, video reviews and more.

Our Review Process

This review was written by a member of Edmunds' editorial team of expert car reviewers. Our team drives every car you can buy. We put the vehicles through rigorous testing, evaluating how they drive and comparing them in detail to their competitors.

We're also regular people like you, so we pay attention to all the different ways people use their cars every day. We want to know if there's enough room for our families and our weekend gear and whether or not our favorite drink fits in the cupholder. Our editors want to help you make the best decision on a car that fits your life.

What's a good price for a New 2023 Ford Mustang?

2023 Ford Mustang EcoBoost 2dr Coupe (2.3L 4cyl Turbo 6M)

The 2023 Ford Mustang EcoBoost 2dr Coupe (2.3L 4cyl Turbo 6M) can be purchased for less than the Manufacturer’s Suggested Retail Price (aka MSRP) of $29,165. The average price paid for a new 2023 Ford Mustang EcoBoost 2dr Coupe (2.3L 4cyl Turbo 6M) is trending $385 below the manufacturer’s MSRP.

Edmunds members save an average of $385 by getting upfront special offers. The estimated special offer price in your area is $28,780.

The average savings for the 2023 Ford Mustang EcoBoost 2dr Coupe (2.3L 4cyl Turbo 6M) is 1.3% below the MSRP.

Available Inventory:

We are showing 11 2023 Ford Mustang EcoBoost 2dr Coupe (2.3L 4cyl Turbo 6M) vehicle(s) available in the in the Ashburn area.

2023 Ford Mustang EcoBoost Premium 2dr Coupe (2.3L 4cyl Turbo 6M)

The 2023 Ford Mustang EcoBoost Premium 2dr Coupe (2.3L 4cyl Turbo 6M) can be purchased for less than the Manufacturer’s Suggested Retail Price (aka MSRP) of $34,190. The average price paid for a new 2023 Ford Mustang EcoBoost Premium 2dr Coupe (2.3L 4cyl Turbo 6M) is trending $455 below the manufacturer’s MSRP.

Edmunds members save an average of $455 by getting upfront special offers. The estimated special offer price in your area is $33,735.

The average savings for the 2023 Ford Mustang EcoBoost Premium 2dr Coupe (2.3L 4cyl Turbo 6M) is 1.3% below the MSRP.

Available Inventory:

We are showing 7 2023 Ford Mustang EcoBoost Premium 2dr Coupe (2.3L 4cyl Turbo 6M) vehicle(s) available in the in the Ashburn area.

2023 Ford Mustang GT 2dr Coupe (5.0L 8cyl 6M)

The 2023 Ford Mustang GT 2dr Coupe (5.0L 8cyl 6M) can be purchased for less than the Manufacturer’s Suggested Retail Price (aka MSRP) of $39,740. The average price paid for a new 2023 Ford Mustang GT 2dr Coupe (5.0L 8cyl 6M) is trending $890 below the manufacturer’s MSRP.

Edmunds members save an average of $890 by getting upfront special offers. The estimated special offer price in your area is $38,850.

The average savings for the 2023 Ford Mustang GT 2dr Coupe (5.0L 8cyl 6M) is 2.2% below the MSRP.

Available Inventory:

We are showing 15 2023 Ford Mustang GT 2dr Coupe (5.0L 8cyl 6M) vehicle(s) available in the in the Ashburn area.

2023 Ford Mustang GT Premium 2dr Coupe (5.0L 8cyl 6M)

The 2023 Ford Mustang GT Premium 2dr Coupe (5.0L 8cyl 6M) can be purchased for less than the Manufacturer’s Suggested Retail Price (aka MSRP) of $44,760. The average price paid for a new 2023 Ford Mustang GT Premium 2dr Coupe (5.0L 8cyl 6M) is trending $1,007 below the manufacturer’s MSRP.

Edmunds members save an average of $1,007 by getting upfront special offers. The estimated special offer price in your area is $43,753.

The average savings for the 2023 Ford Mustang GT Premium 2dr Coupe (5.0L 8cyl 6M) is 2.2% below the MSRP.

Available Inventory:

We are showing 25 2023 Ford Mustang GT Premium 2dr Coupe (5.0L 8cyl 6M) vehicle(s) available in the in the Ashburn area.

2023 Ford Mustang Mach 1 2dr Coupe (5.0L 8cyl 6M)

The 2023 Ford Mustang Mach 1 2dr Coupe (5.0L 8cyl 6M) can be purchased for less than the Manufacturer’s Suggested Retail Price (aka MSRP) of $57,965. The average price paid for a new 2023 Ford Mustang Mach 1 2dr Coupe (5.0L 8cyl 6M) is trending $392 below the manufacturer’s MSRP.

Edmunds members save an average of $392 by getting upfront special offers. The estimated special offer price in your area is $57,573.

The average savings for the 2023 Ford Mustang Mach 1 2dr Coupe (5.0L 8cyl 6M) is 0.7% below the MSRP.

Available Inventory:

We are showing 4 2023 Ford Mustang Mach 1 2dr Coupe (5.0L 8cyl 6M) vehicle(s) available in the in the Ashburn area.

Which 2023 Ford Mustangs are available in my area?

Shop Edmunds' car, SUV, and truck listings of over 6 million vehicles to find a cheap new, used, or certified pre-owned (CPO) 2023 Ford Mustang for sale near. There are currently 128 new 2023 Mustangs listed for sale in your area, with list prices as low as $29,495 and mileage as low as 0 miles. Simply research the type of car you're interested in and then select a car from our massive database to find cheap vehicles for sale near you. Once you have identified a used vehicle you're interested in, check the AutoCheck vehicle history reports, read dealer reviews, and find out what other owners paid for the 2023 Ford Mustang. Then select Edmunds special offers, perks, deals, and incentives to contact the dealer of your choice and save up to $5,166 on a used or CPO 2023 Mustang available from a dealership near you.

Can't find a new 2023 Ford Mustangs you want in your area? Consider a broader search.

Find a new Ford for sale.

Why trust Edmunds?

Edmunds has deep data on over 6 million new, used, and certified pre-owned vehicles, including rich, trim-level features and specs information like: MSRP, average price paid, warranty information (basic, drivetrain, and maintenance), features (upholstery, bluetooth, navigation, heated seating, cooled seating, cruise control, parking assistance, keyless ignition, satellite radio, folding rears seats ,run flat tires, wheel type, tire size, wheel tire, sunroof, etc.), vehicle specifications (engine cylinder count, drivetrain, engine power, engine torque, engine displacement, transmission), fuel economy (city, highway, combined, fuel capacity, range), vehicle dimensions (length, width, seating capacity, cargo space), car safety, true cost to own. Edmunds also provides tools to allow shopper to compare vehicles to similar models of their choosing by warranty, interior features, exterior features, specifications, fuel economy, vehicle dimensions, consumer rating, edmunds rating, and color.

What is the MPG of a 2023 Ford Mustang?

2023 Ford Mustang EcoBoost 2dr Coupe (2.3L 4cyl Turbo 6M), 6-speed manual, premium unleaded (recommended)
24 MPG compined MPG,
21 city MPG/29 highway MPG

2023 Ford Mustang GT 2dr Coupe (5.0L 8cyl 6M), 6-speed manual, premium unleaded (recommended)
18 MPG compined MPG,
15 city MPG/24 highway MPG

2023 Ford Mustang GT Premium 2dr Coupe (5.0L 8cyl 6M), 6-speed manual, premium unleaded (recommended)
18 MPG compined MPG,
15 city MPG/24 highway MPG

EPA Est. MPG24
Transmission6-speed manual
Drive Trainrear wheel drive
Displacement2.3 L
Passenger Volume96.0 cu.ft.
Wheelbase107.1 in.
Length188.9 in.
WidthN/A
Height55.1 in.
Curb Weight3492 lbs.

Should I lease or buy a 2023 Ford Mustang?

Is it better to lease or buy a car? Ask most people and they'll probably tell you that car buying is the way to go. And from a financial perspective, it's true, provided you're willing to make higher monthly payments, pay off the loan in full and keep the car for a few years. Leasing, on the other hand, can be a less expensive option on a month-to-month basis. It's also good if you're someone who likes to drive a new car every three years or so.

Check out Ford lease specials