2016 Ford Mustang Depreciation
A 10-year-old 2016 Ford Mustang has lost about 53.2% of its roughly $35,145 original value. In the 2026 source cohort, it typically listed for around $19,490, with most listings between $15,929 and $32,523. Listed examples average 74,012 miles.
2016 Ford Mustang Price by Mileage
What buyers actually pay at different odometer readings.
How Mileage Affects 2016 Ford Mustang Price
Each dot is a real listing — price plotted against odometer reading.
| Mileage | Median price | Listings |
|---|---|---|
| Under 30k mi | $34,990 | 29 |
| 30k–50k mi | $29,185 | 24 |
| 50k–75k mi | $27,305 | 49 |
| 75k–100k mi | $18,537 | 56 |
| 100k–130k mi | $15,949 | 37 |
| Over 130k mi | $14,917 | 10 |
What's a Good Price for a 2016 Ford Mustang?
Great deal
Under $17,482
Typical
$17,482–$28,998
Overpriced
Above $28,998
Based on the middle 50% of listings — always adjust for mileage and condition.
Price Spread
Range across 206 listings.
Half of all listings fall between $17,482 and $28,998, with a median of $21,416.
Ownership & Condition
Across 206 2016 Ford Mustang listings.
Accident-free
80%
One-owner
33.3%
Avg owners
2.3
Personal use
66.7%
2016 Ford Mustang Efficiency & Specs
EPA fuel-economy and powertrain data.
Combined
22 MPG
City / Hwy
19 / 28
Fuel / year
$2,900
Fuel
Regular
Engine
2.3L 4-cyl
EPA class
Subcompact Cars
Depreciation by Trim
See how each 2016 Ford Mustang trim holds its value.
| Trim | Fuel | MSRP | Median Resale | Depreciation | Listings |
|---|---|---|---|---|---|
| GT | Gasoline | $32,395 | $24,489 | 39.8% | 23 |
| GT Premium | Gasoline | $41,895 | $28,813 | 48.7% | 50 |
| V6 | Gasoline | $29,645 | $16,325 | 55.6% | 32 |
| EcoBoost Premium | Gasoline | $35,145 | $16,207 | 59.8% | 42 |
How the 2016 Ford Mustang Compares to Other Years
At 53.2% depreciation, the 2016 Ford Mustang sits among its neighbors on the depreciation curve. The one-year-newer 2017 has lost 42.4% (around $21,998), so stepping up a model year costs roughly $2,508 more. The older 2015 sits at 50.6% (around $18,213), so dropping back a year saves about $1,277. Buying one model year newer or older is one of the easiest ways to trade purchase price against age and remaining warranty.
Safety Ratings
NHTSA crash test ratings for the 2016 Ford Mustang.
Known Issues & Complaints
364 NHTSA complaints, 5 recalls reported.
ELECTRICAL SYSTEM
66 complaintsThere have been 3 instances within the last year and a half where the rear window of my vehicle (Ford mustang) and the rear window of family member ford mustang both have shattered during the extreme cold possibly due to the heating coils o
ENGINE
55 complaintsThe head gasket in my 2016 mustang eco boost failed. I have 126k miles and coolant is leaking into cylinder 2. I’ve always taken care of the maintenance on a timely matter and no modifications have been done.
UNKNOWN OR OTHER
51 complaintsThe driver And passengers door opens while driving
BACK OVER PREVENTION
37 complaintsThe contact owns a 2016 Ford Mustang. The contact stated that while shifted into reverse(R), the rear-view camera was blank and then operated intermittently; however, the image was blurry. The vehicle was taken to a dealer on two occasions.
POWER TRAIN
28 complaintsAt about 75k miles my mustang started misfiring at about 2,500 rpm’s and higher. Turns out it was a blown head gasket. This engine model is prone to what happened to it. Ford should have a recall for these engine and a solution as they’re t
STRUCTURE
27 complaintsComponent failed: Driver side door latch Safety put at risk: Door could open while car was in motion making driver vulnerable to an accident or exposure of driver to road conditions Has the problem been confirmed: Manufacture Ford has a Saf
Top Issues
- ELECTRICAL SYSTEM
- ENGINE
- UNKNOWN OR OTHER
- BACK OVER PREVENTION
- POWER TRAIN
Buyer Red Flags
- !Recall 15V707000 (SEAT BELTS): Ford Motor Company (Ford) is recalling certain model year 2016 Ford Mustang vehicles manufactured September 26, 2015, to October 1, 2015. The front and rear seat belts and child se
- !Recall 16V779000 (ENGINE AND ENGINE COOLING): Ford Motor Company (Ford) is recalling certain model year 2015-2017 Mustang vehicles manufactured February 24, 2015, to August 30, 2016. A hose may separate from the engine oil coo
- !Recall 22V082000 (BACK OVER PREVENTION): Ford Motor Company (Ford) is recalling certain 2015-2017 Mustang vehicles. The rearview camera wiring may be loose or damaged, which can result in a blank or distorted image.
- !Recall 25V572000 (BACK OVER PREVENTION): Ford Motor Company (Ford) is recalling certain 2015-2019 Lincoln MKC, Mustang, F-350 SD, F-250 SD, F-450 SD, 2015-2017 Lincoln Navigator, Expedition, 2015-2018 Edge, Transit Connec
2016 Ford Mustang Listings
Real 2016 Mustang listings on the market now.
$33,990
2016 GT · Black
12,717 mi · Salt Lake City, UT
View listing →
$36,990
2016 GT · White
16,224 mi · Dallas, TX
View listing →
$25,590
2016 EcoBoost Premium · Red
26,814 mi · Indianapolis, IN
View listing →
$21,990
2016 V6 · Red
43,245 mi · Phoenix, AZ
View listing →
$33,990
2016 GT · Red
45,062 mi · Birmingham, AL
View listing →
$31,990
2016 GT · Orange
46,411 mi · Columbus, OH
View listing →
Live dealer listings, refreshed periodically. Prices and availability change.
Frequently Asked Questions
How much is a 2016 Ford Mustang worth?
A 2016 Ford Mustang is typically worth around $19,490, with most listings falling between $15,929 and $32,523. The single biggest swing factor is mileage — listed examples average about 74,012 miles, and each additional 10,000 miles shaves a few percent off the price. Condition, accident history, trim, and how many owners a car has had move the number from there. Treat the median as a fair starting point and adjust up for a clean, low-mileage, one-owner car or down for higher mileage and any reported damage.
How much has the 2016 Ford Mustang depreciated?
The 2016 Ford Mustang has lost about 53.2% of its original $35,145 base MSRP — roughly $18,697 in value, after adjusting listing prices to typical mileage for the age. Most of a car's lifetime depreciation happens in its earliest years, so a vehicle of this age has usually weathered the steepest part of the curve already. That's what makes a well-kept example at this age an efficient buy: you let the original owner absorb the fastest depreciation, then enjoy a much slower decline from here.
How many miles does a used 2016 Mustang have?
Listed 2016 Mustangs average about 74,012 miles, with most between 35,451 and 111,339. As a rule of thumb, "average" mileage for any car is roughly 12,000 miles per year of age, so compare a specific listing against that benchmark. A below-average odometer commands a premium and an above-average one a discount, but a higher-mileage car with complete service records and one owner can be a better buy than a low-mileage car with gaps in its history. Consistent maintenance does more for a car's remaining lifespan than a low number on the odometer alone.
What is a good price for a 2016 Ford Mustang?
For a 2016 Ford Mustang, anything under $17,482 is a strong deal, $17,482 to $28,998 is the typical range where most cars trade, and above $28,998 is on the expensive side — those higher prices usually buy lower mileage, a certified warranty, or a premium trim. Always weigh the asking price against the car's specific mileage and condition rather than the sticker alone: a slightly higher price for a clean, one-owner, accident-free example is often money well spent. And treat a listing priced well below the range as a prompt to dig deeper — unusually cheap cars almost always have a reason, whether it's high mileage, accident history, or a branded title.
Methodology
Figures for the 2016 Ford Mustang are computed from 147 real used-car listings. Each asking price is normalized to a standard 12,000 miles per year for the car's age, adjusted by a 5% asking-to-sale estimate, and compared against the original base MSRP for that VIN's trim. Full methodology. Updated August 2026.