43 model years · 24,246 listings tracked

Ford Mustang depreciation

$41,856
7,084 listings
$14,160
3-model-year price gap
less than the 2026
$27,696
486 listings

The 2023 typically asks 34% less than the 2026 in this snapshot, across 3 model years.

The 1988 Ford Mustang asks about 55% less than the 2026 across 38 model years — the curve below tracks every year from 2026 to 1988, priced from 24,246 live dealer listings.

These are current dealer asking prices for different vehicles, not a forecast, original MSRP comparison or final sale prices. Mileage, trim, condition and generation changes can affect the gap. No qualified five-model-year price gap is highlighted. The table shows the available years, prices and sample sizes.

◷ Updated September 9, 2026 ▤ National asking prices, refreshed daily

2026 Ford Mustang — a typically priced live listing
2026 · live listing photo

What the Ford Mustang depreciation curve means for buyers

Do older model years always cost less?

2025 typical
$45,928
2026 typical
$41,856
the 2025 premium
$4,072

10% more than the 2026

Not always. The 2025 asks more than the 2026 — leftover inventory, a stronger configuration mix or a thin sample can outweigh a model year. Compare the specific year, not the age.

Priced from 7,084 and 1,998 live listings.

Where are asking-price differences largest?

First 3 model years (2026→2023)
$4,720 a year
The 5 model years after that (2023→2018)
$1,155 a year
the early years
4.1× steeper

The asking-price gap per model year is larger between 2026 and 2023 than between 2023 and 2018. These are different listing samples, not one car's price history.

Priced from 7,084 and 752 live listings.

Which single model year costs the most to skip?

2025 typical
$45,928
2024 typical
$35,280
one year of age
$10,648

23% of the 2025 price

Across the 2016–2026 model years, 2025 → 2024 is the biggest single-model-year asking-price step in this sample.

Priced from 1,998 and 2,360 live listings.

How do asking prices compare five model years apart?

2026 typical
$41,856
2021 typical
$33,896
share of newer-year ask
81%

$7,960 below the 2026 ask

A 2021 — five model years older — asks 81% of what the 2026 asks. The Share-of-baseline-ask column in the table below runs the same share for every year.

Priced from 7,084 and 998 live listings.

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Ford Mustang depreciation curve

  • −55%
    Asking-price difference, 2026 → 1988
  • ≈1.4%
    Price difference per model year (not a forecast)
  • −$10,648
    Steepest drop, 2025 → 2024
  • $9,494
    Cheapest model year (1998)

Typical asking price by model year, newest on the left — labels compare asking prices with the 2026. Hover a point for that year's price band.

A 1988 Ford Mustang typically lists at $18,997 — 55% below the 2026's $41,856.

$10K $20K $30K $40K $50K −55% −69% −61% −40%
2026 2021 2016 2011 2006 2001 1996 1991 1986 1967
Year Typical price Share of baseline ask vs. next-newer year Avg. mileage Listings
2026 $41,856 100% 437 7,084
2025 $45,928 110% +$4,072 9,244 1,998
2024 $35,280 84% −$10,648 28,544 2,360
2023 $27,696 66% −$7,584 39,576 486
2022 $38,010 91% +$10,314 36,563 1,018
2021 $33,896 81% −$4,114 44,317 998
2020 $27,990 67% −$5,906 55,699 1,069
2019 $26,999 65% −$991 60,123 1,221
2018 $21,922 52% −$5,077 69,140 752
2017 $21,590 52% −$332 74,802 951
2016 $18,903 45% −$2,687 82,617 1,115
2015 $18,571 44% −$332 85,564 880
2014 $14,999 36% −$3,572 88,006 736
2013 $19,990 48% +$4,991 76,781 384
2012 $15,000 36% −$4,990 86,652 343
2011 $15,597 37% +$597 86,094 228
2010 $11,997 29% −$3,600 98,025 295
2009 $17,973 43% +$5,976 75,948 124
2008 $19,645 47% +$1,672 68,238 290
2007 $18,397 44% −$1,248 66,778 425
2006 $12,999 31% −$5,398 91,265 297
2005 $12,100 29% −$899 84,962 163
2004 $14,995 36% +$2,895 69,994 134
2003 $15,948 38% +$953 70,395 144
2002 $9,846 24% −$6,102 100,036 62
2001 $15,047 36% +$5,201 76,462 100
2000 $10,995 26% −$4,052 86,848 67
1999 $14,888 36% +$3,893 84,017 60
1998 $9,494 23% −$5,394 91,916 54
1997 $16,520 39% +$7,026 66,941 32
1996 $16,388 39% −$132 71,112 54
1995 $15,168 36% −$1,220 67,144 48
1994 $14,995 36% −$173 73,254 55
1993 $29,900 71% +$14,905 44,158 47
1992 $22,062 53% −$7,838 63,840 22
1991 $20,998 50% −$1,064 77,384 16
1990 $20,935 50% −$63 64,485 20
1989 $21,269 51% +$334 56,318 31
1988 $18,997 45% −$2,272 61,488 30
1987 $20,113 48% +$1,116 55,314 19
1986 $25,000 60% +$4,887 55,239 11
1984 $16,860 40% −$8,140 64,883 13
1967 $48,234 115% +$31,374 43,835 10

Typical price is the median (or average when the median is unavailable) asking price of that model year's live dealer listings, national. Share of baseline ask is each year's asking price as a percentage of the newest year's asking price in the same group of available model years. Updated September 9, 2026.

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Frequently asked questions

How much does a Ford Mustang depreciate per year?

This snapshot does not measure annual depreciation of one car. The 1988 typically asks $18,997, 55% below the 2026's $41,856. These are different vehicles listed on September 9, 2026; mileage, trim, condition and redesigns can affect the difference.

How do older Ford Mustang asking prices compare with the newest model year?

A 1988 Ford Mustang asks about 45% of the 2026's typical asking price ($18,997 vs $41,856). The “Share of baseline ask” column in the table above shows the same share for every model year in between.

Which Ford Mustang model year is cheapest?

The 1998 Ford Mustang is the most affordable model year we track, typically listed at $9,494. Compare every year in the table above.

How many Ford Mustang model years can I compare here?

This depreciation curve covers 43 model years, from 1967 to 2026, each priced from live dealer listings and refreshed daily.

Shopping for your next car?

Check individual VINs before you buy — decode the exact trim and mileage, see every active listing, and how each price compares to the local market.