Where there's room on price
78
/ 100 (strong)
Approx. 57 days of national supply and the median listing asks approx. 30% above the typical asking price at typical mileage — strong leverage to negotiate.
Ridekick price report
2016 Ford Mustang Price: Typical Asking Price & MSRP
A mileage-adjusted read of comparable active listings—not a quote for a specific VIN, trim, condition, or location.
Typical asking price
$14,257
Below the middle half of current listings.
Price intelligence
A map of today's market
Typical asking price sits outside the typical market range
$5,700$46,661
- Typical market range
- $15,199–$25,999
- Typical asking price
- $14,257
- Original MSRP range
- $24,145–$47,795
Middle 50% of active listings
At typical mileage
6 sourced trims when new
Buyer context
Market pulse
What this means for you. It's market data, not a price for a specific car.
National supply
57
days of supply
Balanced market
Supply and demand are roughly balanced for the 2016 Ford Mustang.
Estimated dealer cost (invoice)
$22,213–$23,179
Estimated dealer invoice — about $24,145 MSRP minus a typical 4–8% manufacturer margin.
An estimate, not a sourced figure. Actual dealer invoice varies with manufacturer incentives, holdback, and regional pricing.
Typical asking price by trim
| Trim | Typical asking (at typical mileage) | MSRP | Est. dealer cost |
|---|---|---|---|
| EcoBoost Premium | $13,538 | $35,145 | $32,333–$33,739 |
| EcoBoost | $13,751 | $25,645 | $23,593–$24,619 |
| V6 | $14,178 | $24,145 | $22,213–$23,179 |
| GT Premium | $19,340 | $36,395 | $33,483–$34,939 |
| GT | $19,374 | $32,395 | $29,803–$31,099 |
| Shelby GT350 | $26,009 | $47,795 | $43,971–$45,883 |
Trim comparison
How each trim is priced
Estimated dealer cost Original MSRP Typical asking price
Trim
$10,797$30,667$50,536
Typical askingEcoBoost Premium
$13,538
EcoBoost Premium: typical asking price $13,538, original MSRP $35,145, estimated dealer cost $32,333 to $33,739.
EcoBoost
$13,751
EcoBoost: typical asking price $13,751, original MSRP $25,645, estimated dealer cost $23,593 to $24,619.
V6
$14,178
V6: typical asking price $14,178, original MSRP $24,145, estimated dealer cost $22,213 to $23,179.
GT Premium
$19,340
GT Premium: typical asking price $19,340, original MSRP $36,395, estimated dealer cost $33,483 to $34,939.
GT
$19,374
GT: typical asking price $19,374, original MSRP $32,395, estimated dealer cost $29,803 to $31,099.
Shelby GT350
$26,009
Shelby GT350: typical asking price $26,009, original MSRP $47,795, estimated dealer cost $43,971 to $45,883.
All marks use the same price scale. Dealer cost is an estimate; original MSRP and typical asking price are shown for context, not as a guarantee of a particular vehicle’s price.
Out-the-door price by state
Out-the-door for a 2016 Ford Mustang runs about $14,568 in MT to $16,228 in NJ — the typical asking price plus state tax, title, registration, and a typical dealer doc fee.
| State | Sales/use tax | Doc + title + reg | Out-the-door |
|---|---|---|---|
| CA | $1,034 | $110+ | $15,401 |
| TX | $891 | $332 | $15,480 |
| FL | $855 | $1,074+ | $16,186 |
| NY | $570 | $371 | $15,198 |
| PA | $855 | $587 | $15,699 |
| IL | $891 | $683 | $15,831 |
| OH | $820 | $444 | $15,521 |
| GA | $998 | $637 | $15,892 |
| NC | $428 | $793 | $15,478 |
| WA | $927 | $215+ | $15,399 |
| OR | $0 | $525 | $14,782 |
Estimates using each state's base tax rate. Local (city/county) taxes can add 1–3% in many areas, dealer doc fees vary, and some states base registration on vehicle value or weight (shown with a "+"). Trade-in tax credits are not included.
Out-the-door price by state: California, Texas, Florida, New York, Pennsylvania, Illinois, Ohio, Georgia, North Carolina, Washington, Oregon
Fuel economy
21
MPG city
31
MPG highway
25
MPG combined
EPA-estimated fuel economy for a representative 2016 Ford Mustang configuration (Regular).
Safety & recalls
5 open NHTSA recalls on record for the 2016 Ford Mustang.
SEAT BELTS
Ford Motor Company (Ford) is recalling certain model year 2016 Ford Mustang vehicles manufactured September 26, 2015, to October 1, 2015. The front and rear seat belts and child seat tether anchors may have been damaged in shipping from the supplier to the vehicle assembly plant and may not adequately restrain the occupant in a crash. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard numbers 208, "Occupant Crash Protection," and 225, "Child restraint anchorage systems."
Remedy: Ford will notify owners, and dealers will replace the front and rear seat belt assemblies and the child seat tether anchors, free of charge. The recall began on December 18, 2015. Owners may contact Ford customer service at 1-866-436-7332. Ford's number for this recall is 15C13.
Campaign 15V707000 · 26/10/2015
ENGINE AND ENGINE COOLING:COOLING SYSTEM:HOSES/LINES/PIPING/FITTINGS
Ford Motor Company (Ford) is recalling certain model year 2015-2017 Mustang vehicles manufactured February 24, 2015, to August 30, 2016. A hose may separate from the engine oil cooler tube assembly causing an oil leak.
Remedy: Ford will notify owners, and dealers will replace the engine oil cooler tube assembly, free of charge. The recall began on March 23, 2017. Owners may contact Ford customer service at 1-866-436-7332. Ford's number for this recall is 16S40.
Campaign 16V779000 · 26/10/2016
BACK OVER PREVENTION: SENSING SYSTEM: CAMERA
Ford Motor Company (Ford) is recalling certain 2015-2017 Mustang vehicles. The rearview camera wiring may be loose or damaged, which can result in a blank or distorted image.
Remedy: Dealers will inspect and repair the decklid wiring harness and/or replace the rearview camera, as necessary, free of charge. Owner notification letters were mailed December 23, 2022 and June 26, 2023. Remedy parts are expected to become available in the 4th Quarter of 2022. Owners may contact Ford customer service at 1-866-436-7332. Ford's number for this recall is 22S06.
Campaign 22V082000 · 16/02/2022
BACK OVER PREVENTION: SENSING SYSTEM: CAMERA
Ford Motor Company (Ford) is recalling certain 2015-2019 Lincoln MKC, Mustang, F-350 SD, F-250 SD, F-450 SD, 2015-2017 Lincoln Navigator, Expedition, 2015-2018 Edge, Transit Connect, 2016-2019 F-550 SD, Transit, 2017-2019 Econoline, and 2019 Ranger vehicles. The rearview camera may display a distorted, inverted, or blank image when the vehicle is in reverse.
Remedy: Dealers will inspect and replace the rearview camera as necessary, free of charge. Owner notification letters were mailed January 13, 2026. Ford owners will receive letters in phases, beginning January 2026 and June 2026. Owners may contact Ford customer service at 1-866-436-7332. Ford's number for this recall is 25S89. This recall expands previous NHTSA recall number 25V270. Vehicle Identification Numbers (VINs) involved in this recall will be searchable on NHTSA.gov beginning September 8, 2025.
Campaign 25V572000 · 04/09/2025
SEAT BELTS:PRETENSIONER
Ford Motor Company (Ford) is recalling certain 2015-2017 Mustang vehicles. Water and road salt may corrode the front seat belt anchor pretensioner cables.
Remedy: Dealers will inspect and replace both front seat belt anchor pretensioner assemblies, as necessary. In addition, dealers will remove sections of the carpet and underlayment that contact the cables. Dealers will also inspect the A-pillar sealing patches, and as necessary, install A-pillar body plugs, and/or inspect and replace the front outboard seat bolts. Repairs will be performed free of charge. Interim letters, notifying owners of the safety risk, were mailed October 20, 2025. Additional letters will be sent once the final remedy is available, anticipated December 2026. Owners may contact Ford customer service at 1-866-436-7332. Ford's number for this recall is 25S92. Vehicle Identification Numbers (VINs) involved in this recall became searchable on NHTSA.gov September 17, 2025.
Campaign 25V614000 · 12/09/2025
Source: NHTSA. Contact your dealer to schedule a free recall repair.
Questions buyers ask
What is the typical asking price for a 2016 Ford Mustang?
Used 2016 Ford Mustang listings ask about $14,257 at typical mileage, with most listings between $15,199 and $25,999. That is what sellers are asking, not what buyers pay.
Is the 2016 Ford Mustang cheaper than MSRP?
Yes — its original MSRP was about $24,145, so the typical asking price for a used one is roughly $9,888 below MSRP.
What is the out-the-door price of a 2016 Ford Mustang?
Out-the-door (price plus state tax, title, registration, and a typical doc fee) runs about $14,568 in MT to $16,228 in NJ, depending on your state. Local taxes can add more.
Is now a good time to buy a 2016 Ford Mustang?
There are about 57 days of national market supply for the 2016 Ford Mustang — Supply and demand are roughly balanced for the 2016 Ford Mustang.
Is the listed price on a 2016 Ford Mustang fair?
Not always. 2016 Ford Mustang listings typically ask about $18,550, roughly 30% above the typical asking price at typical mileage, $14,257. Compare any listing against that figure, and get the dealer's out-the-door price in writing, because tax and fees are added on top of the listed price.
What does the dealer pay for a 2016 Ford Mustang?
The estimated dealer cost (invoice) is roughly $22,213–$23,179 — its $24,145 MSRP minus a typical 4–8% margin. An estimate; actual invoice varies.
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Prices are computed from live market listings, adjusted for mileage, and aggregated by trim · updated 10/28/2026. Estimates only; your price depends on condition, options, and location.