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What is a 2024 Ford Mustang worth?

Our estimate for a 2-year-old Ford Mustang in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 775 732
R 705 916 to R 845 548
Trade-in offer
R 682 644
what a dealer would pay
Cost new (est.)
R 1 203 926
2024 launch pricing
Value kept
64%
R 428 194 depreciated

The 2024 Mustang on its value curve

R0R500kR1mR1,5mR2mNow1y2y3y4y5y6y7y8yYears from now

The marker shows where a 2024 model sits today: 2 years in, 36% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 15% a year.

If you buy it now

Fair buy price (retail)R 775 732
Worth in 1 yearR 657 976
Worth in 3 yearsR 459 362
3-year cost of ownership (depreciation)R 316 370
±Monthly financedR 13 559/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2025R 964 863See value →
2024 (this page)R 775 732+R 189 131 to newest
2023R 623 674+R 341 189 to newestSee value →

2024 Ford Mustang: common questions

What is a 2024 Ford Mustang worth in South Africa?

Around R 775 732 as a retail asking price, with clean low-mileage examples reaching R 845 548 and higher-mileage cars closer to R 705 916. A dealer trade-in offer would sit near R 682 644.

Is a 2024 Ford Mustang a good buy now?

It has already absorbed 36% of its new-car depreciation. If you buy at R 775 732 and keep it three years, expect it to shed roughly R 316 370 more. As a premium (established) model, it holds value well for its age, so you are paying for retention you will largely get back.

What did a 2024 Ford Mustang cost new?

About R 1 203 926 at launch pricing in 2024 (our estimate, deflated from today's list price). It has kept 64% of that.

What would financing a 2024 Ford Mustang cost monthly?

At R 775 732 over 72 months at 11.75% with 10% down, roughly R 13 559 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.