2016 Ford Mustang: trims, real prices & how to pick yours

27 builds left the factory as a 2016 Mustang, each a different combination of engine, transmission and body identified by the first eight characters of its VIN. The 8 main configurations sell for $8,851–$67,655 today.

  • 8 main configurations
  • 42,534 vehicles built
  • 1,053 for sale right now
  • $8,851–$67,655 typical price range

Which Mustang is yours?

Enter a VIN — the 17 characters on the windshield or the title — and we’ll match it to its exact factory configuration, typical price and equipment.

Works with any VIN — a different year or model takes you straight to its own page.

Pick your Mustang

What actually differs

GT Coupe · RWD I4 Coupe V6 Coupe I4 Convertible · RWD
Engine 5L 8-cyl 2.3L 4-cyl 3.7L 6-cyl 2.3L 4-cyl
Power 435 hp 310 hp 300 hp 310 hp
Body Coupe Coupe Coupe Convertible
Typical price today $26,995 $15,477 $16,950 $15,558
For sale right now 304 273 139 123
Vehicles built 12,606 11,630 7,639 4,312
Same on every 2016 Mustang
  • Drivetrain Rear-wheel drive
  • Fuel Gasoline
  • Doors 2-door

What people actually pay

1,406 price observations · updated Aug 30, 2026
GT Coupe · RWD
$26,995
I4 Coupe
$15,477
V6 Coupe
$16,950
I4 Convertible · RWD
$15,558
V6 Convertible
$15,487
Shelby Coupe
$52,985
$8,585 $23,860 $39,135 $54,410 $69,685
Price trend

Median down $4,955 over the last 12 months.

2016 Mustang price history →
Will it hold value?

A Mustang typically keeps about 80% of its price over 5 years — a 5-year-old one runs about $15,127 today.

Mustang depreciation by year →
Cost to run

21/31 mpg city/highway. Roughly $1,860/yr on fuel at 15,000 miles.

EPA estimate for the 2016 Mustang

Safety, in plain English

What 1FA6P8JZ-G means

1FA 6P8JZ · G
1FA
the World Manufacturer Identifier Ford registered — assembled in the United States
6P8JZ
together encode the Mustang line — Coupe, 5.2L 8cyl — as Ford filed it, these five characters are read as one block, not letter by letter
G
in position 10 — model year 2016
9, 11–17
differ on every car: check digit, plant code and the serial number
Real VINs from this run 1FA6P8JZ 0G5524348 1FA6P8JZ 2G5522200
19 rare configurations — mostly fleet, export or irregular VIN patterns. Fewer than 20 known vehicles each.

Already looking at a specific Mustang?

Paste its VIN — we’ll open that exact car’s page: its configuration, market position and every listing we’ve tracked.

2016 Ford Mustang prices →