What is a 2023 Ford Mustang worth?
Our estimate for a 3-year-old Ford Mustang in average condition with typical mileage, on 2026 market pricing.
The 2023 Mustang on its value curve
The marker shows where a 2023 model sits today: 3 years in, 45% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 16% a year.
If you buy it now
| Fair buy price (retail) | R 623 674 |
| Worth in 1 year | R 521 111 |
| Worth in 3 years | R 363 810 |
| 3-year cost of ownership (depreciation) | R 259 864 |
| ±Monthly financed | R 10 901/m |
Depreciation only; fuel, insurance and maintenance excluded.
Is one year newer worth it?
| Model year | Est. retail | Step up costs | |
|---|---|---|---|
| 2024 | R 775 732 | — | See value → |
| 2023 (this page) | R 623 674 | +R 152 058 to newest | |
| 2022 | R 493 944 | +R 281 788 to newest | See value → |
2023 Ford Mustang: common questions
What is a 2023 Ford Mustang worth in South Africa?
Around R 623 674 as a retail asking price, with clean low-mileage examples reaching R 679 805 and higher-mileage cars closer to R 567 543. A dealer trade-in offer would sit near R 548 833.
Is a 2023 Ford Mustang a good buy now?
It has already absorbed 45% of its new-car depreciation. If you buy at R 623 674 and keep it three years, expect it to shed roughly R 259 864 more. As a premium (established) model, its steepest losses are behind it, which is exactly when this kind of car makes the most financial sense used.
What did a 2023 Ford Mustang cost new?
About R 1 141 162 at launch pricing in 2023 (our estimate, deflated from today's list price). It has kept 55% of that.
What would financing a 2023 Ford Mustang cost monthly?
At R 623 674 over 72 months at 11.75% with 10% down, roughly R 10 901 per month before fees and insurance. Shorter terms suit used cars better; run your own numbers in the value calculator.
Keep going
Estimates modelled from list pricing and our SA depreciation tiers; condition, mileage, spec and region move real prices. Not a valuation or an offer.