2008 Ford Mustang prices in Illinois
The median asking price for a 2008 Ford Mustang in Illinois is $26,888 based on 15 active listings.
As of July 26, 2026, the median asking price for a 2008 Ford Mustang in Illinois is $26,888, based on 15 active dealer listings tracked by VinAssessment.
◷ Updated July 26, 2026 ▤ 15 active dealer listings, refreshed daily Methodology →
Typical: $21,352–$33,200 — the middle half of 15 asking prices
Why the wide range? 2008 Ford Mustang listings span two distinct versions: the GT (typically $14K–$23K) and the Shelby GT500 Coupe ($35K–$46K). See price by trim. This spread covers the middle 96% of asking prices: we exclude the cheapest and priciest 2% (payment-priced ads, typos, salvage) so outliers don't distort it.
What moves the price on a 2008 Ford Mustang
The $21,352–$33,200 typical range isn't randomness — two factors explain most of it:
Asking prices run about $40,298 under 15K miles and fall to $7,999 over 105K miles — roughly $3,100 for every 10,000 miles.
The GT typically asks $18,153, while the Shelby GT500 Coupe asks $40,406 — same year, same market.
Find your mileage and trim in the configurator below.
Configure the exact car
Modelled from 135 real asking prices, adjusted for mileage and location. Not a formal appraisal.
2008 Ford Mustang: a fair price for your mileage
A 2008 Ford Mustang sheds roughly $3,100 for every 10,000 miles. Find your mileage below.
Fair price by mileage and trim
| Mileage | All listings | GT | Shelby GT500 Coupe |
|---|---|---|---|
| Under 15K miles | $40,298 | $30,362 | $54,482 |
| 15K–30K miles | $32,777 | $25,759 | $39,384 |
| 30K–45K miles | $22,244 | $21,493 | $38,826 |
| 45K–60K miles | $20,906 | $20,380 | $29,999 |
| 60K–75K miles | $16,999 | $18,106 | $32,950 |
| 75K–90K miles | $15,599 | $15,985 | — |
| 90K–105K miles | $13,989 | $14,560 | — |
| Over 105K miles | $7,999 | $11,399 | — |
Medians of live asking prices per band and version; “—” means fewer than 3 matching listings. National data.
Fair price by mileage — all versions combined
| Mileage ⓘ | Based on ⓘ | Fair price ⓘ | Typical range ⓘ |
|---|---|---|---|
| Under 15K miles | 34 listings | $40,298 | $29K–$53K |
| 15K–30K miles | 27 listings | $32,777 | $25K–$37K |
| 30K–45K miles | 14 listings | $22,244 | $20K–$31K |
| 45K–60K miles | 24 listings | $20,906 | $19K–$24K |
| 60K–75K miles | 25 listings | $16,999 | $14K–$23K |
| 75K–90K miles | 21 listings | $15,599 | $14K–$18K |
| 90K–105K miles | 17 listings | $13,989 | $10K–$16K |
| Over 105K miles | 61 listings | $7,999 | $5,995–$11K |
Same trim and condition assumed — mileage is the biggest lever after configuration. These figures blend both versions — see the price-by-trim split below for your version's range. National data; Illinois prices track it closely.
2008 Ford Mustang: price by trim
| Trim | Based on ⓘ | Median price ⓘ | Typical range ⓘ | Where it sits ⓘ |
|---|---|---|---|---|
| GT | 135 listings | $18,153 | $14K–$23K | |
| Shelby GT500 Coupe | 39 listings | $40,406 | $35K–$46K |
Based on a small number of listings per trim — medians are indicative, not definitive. National data; Illinois prices track it closely.
Price history
Median asking price by month — national · shaded band is the typical range (25th–75th percentile)
The median listing price for a 2008 Ford Mustang is $18,118 (July 2026) — up 39.4% from $12,995 in August 2025.
Monthly price table
| Month | Median price | Typical range | Vehicles listed |
|---|---|---|---|
| July 2026 | $18,118 | $11K–$26K | 182 |
| June 2026 | $16,500 | $10K–$25K | 220 |
| May 2026 | $16,995 | $9,900–$24K | 204 |
| April 2026 | $16,000 | $11K–$23K | 181 |
| March 2026 | $13,992 | $8,375–$22K | 204 |
| February 2026 | $15,460 | $9,994–$25K | 172 |
| January 2026 | $14,945 | $9,887–$26K | 168 |
| December 2025 | $14,499 | $9,938–$24K | 116 |
| November 2025 | $13,738 | $8,924–$19K | 130 |
| October 2025 | $13,900 | $9,997–$20K | 93 |
| September 2025 | $12,996 | $9,148–$17K | 92 |
| August 2025 | $12,995 | $8,995–$18K | 88 |
2008 Ford Mustang inventory across the U.S.
Keep exploring Mustang prices
2008 Ford Mustang · $26,686 typical · 15 listingsOther Ford Mustang years
Live 2008 Ford Mustang listings, priced by VIN
Every VIN links to a full market report: decode, active listings and the local price band. Shop 2007–2009 Ford Mustang listings on VehiSales →.
More 2008 Ford prices
Frequently asked questions
Why do 2008 Ford Mustang prices range from $6,887 to $42,994 in Illinois?
The spread is two different cars sharing one name. 2008 Ford Mustang listings span two distinct versions: the GT (typically $14K–$23K) and the Shelby GT500 Coupe ($35K–$46K). Within each version, mileage and options set where a specific car lands.
How much should mileage change the price of a 2008 Ford Mustang?
Expect roughly $3,100 less for every 10,000 miles on the odometer. A 60K-mile example should cost about $9,300 less than a 30K-mile one of the same trim — check the fair-price-by-mileage table above for your band.
Do Ford Mustang prices in Illinois differ from the rest of the country?
Yes. The average in Illinois is $26,686, which is $4,858 above the national average of $21,828. Local supply, demand and transport costs all play a part.
How many 2008 Ford Mustang are for sale in Illinois right now?
15 in total, nearly all pre-owned. Counts refresh daily from live dealer inventory.
How we calculate these prices
We track 15 active listings for this vehicle across dealer sites nationwide, updated every day. Average and median are computed from real asking prices on live listings. We exclude the top and bottom 2% of prices to remove data errors, salvage titles, and monthly-payment figures posted as if they were sale prices. Prices reflect dealer asking prices — not final sale prices — and exclude taxes, fees, and incentives. Trim and mileage move the price more than any other factor; see the breakdowns above.
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