It even has a higher depreciation rate than most cars in its first few years. However, the value stays level after that point. As Mustangs are known for being high-performance vehicles, their status and reputation contribute to their value being retained well when other vehicles can't say the same. It's important to note that brand new vehicles depreciate more quickly than used vehicles, regardless of make or model; the Mustang just does it more slowly. People generally will overpay without even realizing it.
Because the Ford Mustang is known for reliability, its value doesn't decrease as steadily as other cars the older it gets. Part of that aspect is thanks to the Mustang's origins.
Back in the s , when the first Ford Mustangs hit the open roads, they were specifically designed both for the general public and for long highway driving. The Mustang has also recently enjoyed somewhat of a rebirth in the last five years , especially in the UK. The perks and quirks have won drivers over, such as being able to choose from multiple engines that each have their own specialty, including one engine that's turbocharged.
Ford Mustangs tend to require little maintenance and can be fixed easily in most cases when maintenance is necessary. The aftermarket for Mustang parts is quite expansive, especially in regards to the s models. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Ford Mustang. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest.
Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle , or perhaps wait until more used Mustang models become available. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a Ford Mustang.
Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure. The Ford Mustang is our top pick for the best model year value for the Mustang.
Of the data available from Consumer Reports , the first rendition of the fifth generation of the Mustang scored the best with an average score of 4.
As a general rule of the thumb with the Mustang — as well as many other cars — try to stay away from the first year of a new generation. As you can see in the table below, only one year scored top marks according to data from Consumer Reports — Almost every forum post around will have owners touting their Mustang has over , miles with no issues whatsoever, and many that have gotten over , miles out of theirs.
For example, a few Mustang owners on this thread discuss their high-mileage Mustangs, with one saying that he sold it with over , miles without ever having any major issues. The Ford Mustang is a pretty average vehicle in many senses, and the cost to maintain it is no exception.
For the newest models of the Mustang — , the most common issue is the alternator going out. Overall, the Mustang scores average to above-average in reliability according to Consumer Reports, with the majority of customers being happy with them.
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