2023 Ford Mustang
Used

Review and specifications

2023 Ford Mustang

The biggest news for the 2015 version of the Mustang is the adoption of a turbocharged four-cylinder engine, marking only the second time in the history of the car a four-cylinder engine can be found under the hood. Styling, while redolent of the Mustang's past, is fresh and quite handsome. Soft-touch materials and retro cues improve interior quality considerably and an independent rear suspension system is finally applied to the original Pony Car. Blind-spot warning and rear cross-traffic alert are available, as are forward-collision warning and adaptive cruise control. New equipment for the 2020 model year includes a 2.3-liter High Performance package for the entry-level four-cylinder model, (basically the Focus RS engine, making 330 horsepower). Upgraded brakes and suspension components are also part of the package, and will be offered on both the coupe and convertible body styles. Other 2020 updates include a new Shelby GT500, which produces 760 hp from its supercharged 5.2-liter V8 engine. The 2021 model year brings the return of the performance-oriented Mach 1. Also, the Ford Co-Pilot360 suite of advanced safety systems is standard on all but the Shelby models, and includes forward collision warning, automatic emergency braking with pedestrian detection, blind spot warning, rear cross traffic warning, lane departure warning, and lane keeping assistance.

Market value
$29,975
Fuel
Conventional
Transmission
Automatic
Seats
4
Model year 2023
Owner rating 5/5
Reliability 3/5
Data updated June 4, 2026

At a glance

Model data

Overview

Powertrain
Conventional
Body style
convertible
Drive type
RWD
Transmission
Automatic, 10-speed
Category
Sports cars 4/5-seat
Generation began
2015

Pricing

Current retail median
$29,975
Retail value range
$23,700 - $46,850
Original MSRP range
$27,770 - $55,570
Trade-in range
$20,800 - $43,430

Ratings

Road test score
84/100
Owner satisfaction
5/5
Would buy again
88%
Reliability
3/5

Fuel economy

EPA city
15 MPG
EPA highway
25 MPG
EPA combined
18 MPG
Tested city
13 MPG
Tested highway
27 MPG
Tested overall
19 MPG
Annual fuel cost
$2,050
Cruising range
305 miles

Road tests

0-30 mph
2.1 sec
0-60 mph
4.9 sec
60-0 mph braking
121 ft
Avoidance speed
54.5 mph
Test status
Test Completed

Dimensions

Length
188 in
Width
75 in
Height
54 in
Wheelbase
107 in
Weight
3,845 lb
Maximum load
670 lb
Towing capacity
1,000 lb

Interior

Seating
4 people
Front head room
4 in
Front leg room
42.5 in
Rear head room
0 in
Rear leg room
23 in
Luggage
2+1+0

Owner feedback

Comfort
3/5
Driving
5/5
Styling
5/5
Value
2/5

Environmental impact

Greenhouse gas score
3/10
SmartWay
No

Brand context

About Ford

<p>Ford shifted away from cars this decade, focusing on SUVs and pickup trucks, with the Mustang as the lone exception. Fords are seldom leaders in their segments based on CR’s tests and surveys, but the small Maverick and full-sized F-150 trucks are notable standouts. Some other models score well enough to earn our recommendation, such as the Escape Hybrid and Bronco Sport. The Mustang Mach-E EV is Ford's highest-scoring current model. Overall, Ford's new car reliability is above average, but it varies, so used-car buyers should be mindful to check our ratings. </p><p><br/></p>

Vehicle ID: 25791 First published: November 15, 2022 Updated: June 4, 2026

Values may vary by trim, options, location, and market conditions.