2024 Ford Mustang Depreciation
A 2-year-old 2024 Ford Mustang has lost about 16.4% of its roughly $40,020 original value. In the 2026 source cohort, it typically listed for around $31,964, with most listings between $27,671 and $50,690. Listed examples average 27,494 miles.
2024 Ford Mustang Price by Mileage
What buyers actually pay at different odometer readings.
How Mileage Affects 2024 Ford Mustang Price
Each dot is a real listing — price plotted against odometer reading.
| Mileage | Median price | Listings |
|---|---|---|
| Under 30k mi | $45,630 | 132 |
| 30k–50k mi | $30,282 | 53 |
| 50k–75k mi | $27,734 | 43 |
What's a Good Price for a 2024 Ford Mustang?
Great deal
Under $29,284
Typical
$29,284–$47,010
Overpriced
Above $47,010
Based on the middle 50% of listings — always adjust for mileage and condition.
Price Spread
Range across 229 listings.
Half of all listings fall between $29,284 and $47,010, with a median of $32,590.
Ownership & Condition
Across 229 2024 Ford Mustang listings.
Accident-free
90.6%
One-owner
81.3%
Avg owners
1.2
Personal use
56.3%
2024 Ford Mustang Efficiency & Specs
EPA fuel-economy and powertrain data.
Combined
21 MPG
City / Hwy
18 / 27
Fuel / year
$3,050
Fuel
Regular
Engine
5.0L 8-cyl
EPA class
Subcompact Cars
Depreciation by Trim
See how each 2024 Ford Mustang trim holds its value.
| Trim | Fuel | MSRP | Median Resale | Depreciation | Listings |
|---|---|---|---|---|---|
| Dark Horse | Gasoline | $59,335 | $62,195 | 6.4% | 21 |
| GT Premium | Gasoline | $47,380 | $46,989 | 10.1% | 53 |
| EcoBoost Premium | Gasoline | $37,445 | $28,250 | 19.0% | 50 |
| EcoBoost | Gasoline | $40,020 | $29,695 | 28.6% | 47 |
How the 2024 Ford Mustang Compares to Other Years
At 16.4% depreciation, the 2024 Ford Mustang sits among its neighbors on the depreciation curve. The one-year-newer 2025 has lost 11.5% (around $49,229), so stepping up a model year costs roughly $17,265 more. The older 2023 sits at 20.4% (around $28,420), so dropping back a year saves about $3,544. 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 2024 Ford Mustang.
Known Issues & Complaints
70 NHTSA complaints, 10 recalls reported.
ELECTRICAL SYSTEM
27 complaintsInfotainment system flickers/goes blank even after being repaired at Ford Service center. Back up camera unavailable and anything controlled by touchscreen does not work
POWER TRAIN
7 complaintsI purchased this vehicle CPO and shortly after purchase the vehicle experienced a major mechanical failure involving the clutch/transmission. The vehicle had a prior safety recall (Recall #24S36) listed as “completed” before I purchased it.
UNKNOWN OR OTHER
6 complaintsMy 2024 Ford Mustang is affected by Recall 25C43 / NHTSA Campaign No. 25V546 concerning water intrusion into the Body Control Module (BCM) that may cause exterior lighting failure. Yesterday, on September 05, 2025, I contacted Autonation Fo
AIR BAGS
5 complaintsSubject: Request for Investigation - Fraudulent and Falsified Vehicle Records (Crest Ford & Roy O'Brien Ford, Possible Involvement of Bell Ford) Dear Attorney General, I am submitting this complaint to formally request an investigation into
ENGINE
4 complaintsBlown 2.3 Ecoboost. At approx 4700 miles while driving got an engine light and severe misfire. Report from Ford technician says that part of a spark plug broke off in #4 cylinder and caused severe damage. Motor (long block) and turbo replac
SERVICE BRAKES
4 complaintsAutomatic breaking engaged too sensitively, the driver infront of me had stopped a few yards away and I was already starting to stop when the vehicle suddenly stopped. The driver behind me almost rear ended me. This was at a green light.
Top Issues
- ELECTRICAL SYSTEM
- POWER TRAIN
- UNKNOWN OR OTHER
- AIR BAGS
- ENGINE
Buyer Red Flags
- !Recall 23V800000 (SERVICE BRAKES, HYDRAULIC): Ford Motor Company (Ford) is recalling certain 2024 Mustang vehicles. The brake pedal assembly may have been manufactured incorrectly, which can result in a loose brake pedal.
- !Recall 24V220000 (FUEL SYSTEM, GASOLINE): Ford Motor Company (Ford) is recalling certain 2024 Mustang vehicles equipped with 2.3L engines. The low-pressure fuel supply line may be damaged or cut, which can result in a fuel
- !Recall 24V394000 (POWER TRAIN): Ford Motor Company (Ford) is recalling certain 2024 Mustang vehicles. The clutch pressure line may be improperly secured and contact hot exhaust components, which can result in mel
- !Recall 24V496000 (SERVICE BRAKES, HYDRAULIC): Ford Motor Company (Ford) is recalling certain 2024 Mustang vehicles. The brake fluid level sensor may not be properly configured after a Body Control Module (BCM) service update,
2024 Ford Mustang Listings
Real 2024 Mustang listings on the market now.
$69,990
2024 Dark Horse · Blue
1,545 mi · Dallas, TX
View listing →
$63,590
2024 Dark Horse · Black
5,066 mi · Columbus, OH
View listing →
$45,590
2024 GT Premium · Gray
6,210 mi · Atlanta, GA
View listing →
$46,990
2024 GT Premium · White
9,609 mi · Cincinnati, OH
View listing →
$32,990
2024 EcoBoost Premium · Black
9,954 mi · Oklahoma City, OK
View listing →
$44,990
2024 GT Premium · Red
11,523 mi · Indianapolis, IN
View listing →
Live dealer listings, refreshed periodically. Prices and availability change.
Frequently Asked Questions
How much is a 2024 Ford Mustang worth?
A 2024 Ford Mustang is typically worth around $31,964, with most listings falling between $27,671 and $50,690. The single biggest swing factor is mileage — listed examples average about 27,494 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 2024 Ford Mustang depreciated?
The 2024 Ford Mustang has lost about 16.4% of its original $40,020 base MSRP — roughly $6,563 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 2024 Mustang have?
Listed 2024 Mustangs average about 27,494 miles, with most between 5,793 and 52,488. 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 2024 Ford Mustang?
For a 2024 Ford Mustang, anything under $29,284 is a strong deal, $29,284 to $47,010 is the typical range where most cars trade, and above $47,010 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 2024 Ford Mustang are computed from 171 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.