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Used 2020 Ford Mustang Cost to Own

Total 5-Year Ownership Costs

Mustang Coupe

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

True Cost to Own

$44,450*

Total Cash Price

$20,273

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

True Cost to Own

$55,622*

Total Cash Price

$30,409

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

True Cost to Own

$55,418*

Total Cash Price

$29,446

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

True Cost to Own

$45,000*

Total Cash Price

$21,831

Mustang Convertible

GT Premium 2dr Convertible (5.0L 8cyl 6M)

True Cost to Own

$55,428*

Total Cash Price

$30,966

EcoBoost Premium 2dr Convertible (2.3L 4cyl Turbo 6M)

True Cost to Own

$44,449*

Total Cash Price

$21,051

EcoBoost 2dr Convertible (2.3L 4cyl Turbo 6M)

True Cost to Own

$47,578*

Total Cash Price

$21,661

Mustang BULLITT

BULLITT 2dr Coupe (5.0L 8cyl 6M)

True Cost to Own

$61,341*

Total Cash Price

$36,199

Ownership Costs: 5-Year Total

Depreciation

$11,094

Taxes & Fees

$3,860

Financing

$5,333

Fuel

$17,468

Insurance

$6,467

Repairs

$3,200

Maintenance

$8,200

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Mustang Coupe EcoBoost 2dr Coupe (2.3L 4cyl Turbo 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$914$941$970$999$1,029$4,853
Maintenance$1,175$2,637$270$2,294$1,956$8,332
Repairs$519$602$696$813$948$3,578
Taxes & Fees$1,761$261$218$183$154$2,577
Financing$1,218$983$730$458$167$3,556
Depreciation$2,947$1,262$1,100$1,504$1,633$8,446
Fuel$2,469$2,543$2,619$2,698$2,779$13,108
True Cost to Own®$11,003$9,229$6,603$8,949$8,666$44,450
Selected Model:

2020 Mustang Coupe GT Premium 2dr Coupe (5.0L 8cyl 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$1,218$1,255$1,292$1,331$1,371$6,467
Maintenance$942$2,788$292$2,404$1,774$8,200
Repairs$464$538$623$727$848$3,200
Taxes & Fees$2,634$392$328$275$231$3,860
Financing$1,827$1,474$1,095$688$249$5,333
Depreciation$3,752$1,840$1,457$1,820$2,225$11,094
Fuel$3,290$3,389$3,491$3,595$3,703$17,468
True Cost to Own®$14,127$11,676$8,578$10,840$10,401$55,622
Selected Model:

2020 Mustang Coupe GT 2dr Coupe (5.0L 8cyl 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$1,182$1,217$1,254$1,292$1,330$6,275
Maintenance$942$2,788$292$2,404$1,774$8,200
Repairs$464$538$623$727$848$3,200
Taxes & Fees$2,551$379$317$266$223$3,736
Financing$1,769$1,428$1,060$666$242$5,165
Depreciation$3,806$2,120$1,323$1,607$2,518$11,374
Fuel$3,290$3,389$3,491$3,595$3,703$17,468
True Cost to Own®$14,004$11,859$8,360$10,557$10,638$55,418
Selected Model:

2020 Mustang Coupe EcoBoost Premium 2dr Coupe (2.3L 4cyl Turbo 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$914$941$970$999$1,029$4,853
Maintenance$1,175$2,637$270$2,294$1,956$8,332
Repairs$519$602$696$813$948$3,578
Taxes & Fees$1,895$281$235$197$165$2,773
Financing$1,312$1,058$786$494$179$3,829
Depreciation$2,811$1,397$1,504$1,616$1,199$8,527
Fuel$2,469$2,543$2,619$2,698$2,779$13,108
True Cost to Own®$11,095$9,459$7,080$9,111$8,255$45,000
Selected Model:

2020 Mustang Convertible GT Premium 2dr Convertible (5.0L 8cyl 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$1,218$1,255$1,292$1,331$1,371$6,467
Maintenance$942$2,788$292$2,404$1,774$8,200
Repairs$464$538$623$727$848$3,200
Taxes & Fees$2,681$399$334$280$235$3,929
Financing$1,861$1,501$1,115$700$254$5,431
Depreciation$4,277$1,786$978$1,481$2,211$10,733
Fuel$3,290$3,389$3,491$3,595$3,703$17,468
True Cost to Own®$14,733$11,656$8,125$10,518$10,396$55,428
Selected Model:

2020 Mustang Convertible EcoBoost Premium 2dr Convertible (2.3L 4cyl Turbo 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$978$1,007$1,038$1,069$1,101$5,193
Maintenance$1,175$2,637$270$2,359$1,956$8,397
Repairs$519$602$696$813$948$3,578
Taxes & Fees$1,828$271$227$190$160$2,676
Financing$1,265$1,020$759$475$173$3,692
Depreciation$3,468$1,355$805$916$696$7,240
Fuel$2,575$2,653$2,732$2,814$2,899$13,673
True Cost to Own®$11,808$9,545$6,527$8,636$7,933$44,449
Selected Model:

2020 Mustang Convertible EcoBoost 2dr Convertible (2.3L 4cyl Turbo 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$914$941$970$999$1,029$4,853
Maintenance$1,175$2,637$270$2,359$1,956$8,397
Repairs$519$602$696$813$948$3,578
Taxes & Fees$1,880$279$233$196$164$2,752
Financing$1,301$1,051$780$489$178$3,799
Depreciation$3,359$2,054$1,779$1,824$1,510$10,526
Fuel$2,575$2,653$2,732$2,814$2,899$13,673
True Cost to Own®$11,723$10,217$7,460$9,494$8,684$47,578
Selected Model:

2020 Mustang BULLITT BULLITT 2dr Coupe (5.0L 8cyl 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Insurance$1,182$1,217$1,254$1,292$1,330$6,275
Maintenance$942$2,788$292$2,702$1,774$8,498
Repairs$464$538$623$727$848$3,200
Taxes & Fees$3,132$466$390$327$274$4,589
Financing$2,175$1,755$1,304$818$297$6,349
Depreciation$4,619$2,671$2,312$2,370$1,962$13,934
Fuel$3,484$3,588$3,696$3,807$3,921$18,496
True Cost to Own®$15,998$13,023$9,871$12,043$10,406$61,341

*Based on a 5-year estimate with 15,000 miles driven per year.

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True Cost To Own®

Edmunds.com's True Cost to Own® (TCO®) is proprietary data that helps you estimate the total five-year cost of buying and owning a vehicle — including some items you may not have taken into consideration. A benefit of using our TCO® tool is that you can easily compare the five-year totals for different vehicles and make a more informed choice.