Live US dealer listings Median-priced benchmark Updated 2026-09-01
Market price · Used 2020 Ford Mustang 1,052 listings tracked

Used 2020 Ford Mustang Price in the US

A used 2020 Ford Mustang in the US typically lists for $20,986–$36,896, with a median asking price of $27,999 across 1,052 active US dealer listings (as of 2026-09-01). The cheapest one listed right now is $11,995, a 2020 I4 Convertible in Gainesville, GA — below 95% of the market, so expect an older model year, a base trim or high mileage.

Used 2020 Ford Mustang · asking prices1,046 listings
$10k$100k
Typical range
$20,986 – $36,896
Median
$27,999
Cheapest 5%
under $15,998
Cheapest listed now
$11,995

Browse by model year

cheapest per year

Cheapest 10 listed right now

ranked by price
  1. $11,995
    2020 Ford Mustang I4 Convertible
    151,963 mi · Gainesville, GA · Texas Trucks and Autos
    View listing →
  2. $11,999
    2020 Ford Mustang I4 Convertible
    135,741 mi · Orlando, FL · Winter Park Auto Mall
    View listing →
  3. 2020 Ford Mustang
    $12,598
    2020 Ford Mustang I4
    141,000 mi · Denton, TX · APG Automotive Professional Group Marketing
    View listing →
  4. $12,799
    2020 Ford Mustang I4
    79,487 mi · Houston, TX · Smart Motors
    View listing →
  5. 2020 Ford Mustang
    $12,995
    2020 Ford Mustang I4
    102,450 mi · Houston, TX · Texas Car Direct
    View listing →
  6. $12,995
    2020 Ford Mustang I4 Convertible
    99,745 mi · Tampa, FL · Maxa Ride
    View listing →
  7. $13,263
    2020 Ford Mustang I4 Convertible
    109,924 mi · Tampa, FL · Driveway
    View listing →
  8. $13,485
    2020 Ford Mustang I4 Convertible
    132,770 mi · Langhorne, PA · Fred Beans Ford of Langhorne
    View listing →
  9. $13,495
    2020 Ford Mustang I4 Convertible
    148,985 mi · Charlotte, NC · Mayz Motors
    View listing →
  10. 2020 Ford Mustang
    $13,499
    2020 Ford Mustang I4
    58,339 mi · Jacksonville, FL · United Auto Sales & Service
    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 2020 Ford Mustang asks $20,986–$36,896. Cars this far under usually carry an older model year, a base trim or high mileage.

FAQ

How much does a used 2020 Ford Mustang cost?

A used 2020 Ford Mustang in the US typically lists for $20,986 to $36,896, with a median asking price of $27,999 across 1,052 active US dealer listings. Nine in ten are priced between $15,998 and $93,969 (as of 2026-09-01, source: UnderMarket Cars).

Is $28,000 a good price for a used 2020 Ford Mustang?

That sits at about the market median ($27,999) for a used 2020 Ford Mustang. Under $20,986 puts you in the cheapest quarter of active US listings and under $15,998 in the cheapest 5%; above $93,969 is the priciest 5% (as of 2026-09-01).

What is the cheapest used 2020 Ford Mustang for sale right now?

$11,995 — a 2020 Ford Mustang I4 Convertible in Gainesville, GA, $16,004 under the median (as of 2026-09-01).

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?

UnderMarket Cars refreshes US dealer listings continuously and re-generates this used 2020 Ford Mustang price page at least twice a day. The data date shown on this page is 2026-09-01.

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Prices updated 2026-09-01. Data covers active dealer listings across the USA.