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2023 Ford Mustang Value2023 Ford Mustang trade-in prices range from $19,787 - $44,933. Get a more accurate value for your car with the Edmunds appraisal tool. - Find Out What Your Car's Worth

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Estimated values for the 2023 Ford Mustang
Values based on 12,000 miles driven per year, with no color or options selected. 2023 Ford Mustang trade-in prices range from $19,787 - $44,933. Get a more accurate value for your car with the Edmunds appraisal tool.
EcoBoost 2dr Convertible (2.3L 4cyl Turbo 6M) with no options
ConditionTrade-InPrivate PartyDealer Retail
Outstanding$23,610$25,189$26,970
Clean$23,361$24,848$26,523
Average$22,947$24,278$25,779
Rough$22,409$23,538$24,811
Know the value of your 2023 Ford Mustang over time
Did you know your car depreciates every year? Here is a guide to help you understand the value of your car.
Total Depreciation-$12,262
Based on Good Condition for five years
2023 Ford Mustang
EcoBoost 2dr Convertible (2.3L 4cyl Turbo 6M) with no options
Total Depreciation
2024
$22,213
-$4,583
2025
$19,464
-$2,749
2026
$17,893
-$1,571
2027
$16,450
-$1,443
2028
$14,534
-$1,916
Value breakdown
2023 Ford Mustang
EcoBoost 2dr Convertible (2.3L 4cyl Turbo 6M) with no options
YearCar ValueDepreciation
2024 (2023 Ford Mustang)$22,213-$4,583
2025 (2023 Ford Mustang)$19,464-$2,749
2026 (2023 Ford Mustang)$17,893-$1,571
2027 (2023 Ford Mustang)$16,450-$1,443
2028 (2023 Ford Mustang)$14,534-$1,916
Total Depreciation
Over five years
-$12,262
Helpful information about your 2023 Ford Mustang
Estimated Value Today
  • $23,361 - $24,848
  • Based on good condition.
Depreciation Insights
  • Different cars depreciate at different rates.
  • In general, new cars lose 60% of their MSRP in the first five years.
Know Your Car’s Worth
  • Nearly every vehicle depreciates over time.
  • With our free appraisal tool, you can get an accurate price for your car in minutes.
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