Market price · Used 2016 Ford Mustang 1,026 listings tracked

Used 2016 Ford Mustang Price in the US

A used 2016 Ford Mustang in the US typically lists for $14,538–$25,749, with a median asking price of $18,317 across 1,026 active US dealer listings (as of 2026-10-17). The cheapest one listed right now is $5,995, a 2016 I4 in Ramsey, NJ — below 95% of the market, so expect high mileage, a base trim or a branded title — check the vehicle history.

Used 2016 Ford Mustang · asking prices1,026 listings

median $18.3k ◀ cheapest $5,995

$10k$55k

Typical range: $14,538 – $25,749
Median: $18,317
Cheapest 5%: under $10,995
Cheapest listed now: $5,995

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typical price per year

More years (18)

Cheapest 10 listed right now

ranked by price

$5,995

2016 Ford Mustang I4

208,207 mi · Ramsey, NJ · Prestige Toyota of Ramsey
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$5,999

2016 Ford Mustang I4

150,162 mi · Bedford, VA · East Coast Auto Source
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$7,000

2016 Ford Mustang I4

163,942 mi · Westland, MI · North Brothers Ford
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$7,599

2016 Ford Mustang V6 Convertible

181,778 mi · Fishers, IN · Andy Mohr Buick GMC
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$7,950

2016 Ford Mustang I4 Convertible

168,507 mi · Phoenix, AZ · Nass Auto Sales
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$7,990

2016 Ford Mustang I4 Convertible

122,418 mi · Miami, FL · The Showroom Miami
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$7,990

2016 Ford Mustang I4 Convertible

149,900 mi · Atlanta, GA · MBM Auto Sales
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$8,190

2016 Ford Mustang V6 Convertible

110,569 mi · Miami, FL · Lions Pre-Owned Cars Miami
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$8,500

2016 Ford Mustang V6

178,488 mi · Orlando, FL · Urdanetas Auto Sales
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$8,650

2016 Ford Mustang V6

201,050 mi · Johnson City, TN · Super Wheels Auto
View listing →

These are the bottom of the market, not the going rate — every one is priced below 95% of active listings. A typical used 2016 Ford Mustang asks $14,538–$25,749. Cars this far under: expect high mileage, a base trim or a branded title — check the vehicle history.

FAQ

How much does a used 2016 Ford Mustang cost?

A used 2016 Ford Mustang in the US typically lists for $14,538 to $25,749, with a median asking price of $18,317 across 1,026 active US dealer listings. Nine in ten are priced between $10,995 and $52,179 (as of 2026-10-17, source: UnderMarket Cars).

Is $18,000 a good price for a used 2016 Ford Mustang?

That sits at about the market median ($18,317) for a used 2016 Ford Mustang. Under $14,538 puts you in the cheapest quarter of active US listings and under $10,995 in the cheapest 5%; above $52,179 is the priciest 5% (as of 2026-10-17).

What is the cheapest used 2016 Ford Mustang for sale right now?

$5,995 — a 2016 Ford Mustang I4 in Ramsey, NJ, $12,322 under the median (as of 2026-10-17).

Are these MSRP or real asking prices?

Real asking prices from active US dealer listings, deduplicated by VIN — not manufacturer MSRP. They already reflect dealer discounts, and they exclude tax, title, registration and dealer fees.

How often are prices updated?

The listing data behind UnderMarket Cars is rebuilt from live US dealer inventory every few hours, and this used 2016 Ford Mustang page is regenerated from it when it is requested. The figures on this page are from 2026-10-17.

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Prices updated 2026-10-17. Data covers active dealer listings across the USA.