Real price data
What should you pay for a 2016 Ford Mustang?
Original MSRP
$25,645
When new
Fair market price
$14,364
Mileage-adjusted
Below MSRP
$11,281
A fair used price
Where prices land
25th $15,418 · 75th $28,995 · MSRP $25,645
Spread of current 2016 Ford Mustang listings · 25th–75th percentile marked.
Fair price by trim
| Trim | Fair price | MSRP | Est. dealer cost |
|---|---|---|---|
| EcoBoost Premium | $13,273 | $35,145 | — |
| V6 | $13,744 | $29,645 | — |
| EcoBoost | $13,951 | $25,645 | — |
| GT Premium | $19,745 | $41,895 | — |
| GT | $20,228 | $32,395 | — |
| Shelby GT350 | $29,594 | $47,795 | — |
- EcoBoost Premium
- $13,273
- V6
- $13,744
- EcoBoost
- $13,951
- GT Premium
- $19,745
- GT
- $20,228
- Shelby GT350
- $29,594
Fuel economy
21
MPG city
31
MPG highway
25
MPG combined
EPA-estimated fuel economy for a representative 2016 Ford Mustang configuration (Regular).
Frequently asked questions
What is a fair price for a 2016 Ford Mustang?
A fair, mileage-adjusted price is about $14,364, within a typical market range of $15,418 to $28,995.
Is the 2016 Ford Mustang cheaper than MSRP?
Yes — its original MSRP was about $25,645, so a fair used price is roughly $11,281 below MSRP.
Keep researching
Check your car's real price
See the real, all-in out-the-door price on any car you're considering — in writing, free. You stay in control the whole way.
Prices are computed from live market listings, adjusted for mileage, and aggregated by trim · updated 6/21/2026. Estimates only; your price depends on condition, options, and location.