2023 Ford Mustang: Price, Value & Reliability

Updated

As of Oct 25, 2026, a used 2023 Ford Mustang lists for a median $26,997 at 43,632 mi, across 504 dealer listings. That's 41.8% below today's median new Mustang price. NHTSA lists 6 recall campaigns covering the 2023.

Median used price
$26,997
43,632 mi
Listings
504

2023 Mustang reliability and recalls

NHTSA recall campaigns covering the 2023 Ford Mustang
ComponentCampaignDate
Electrical system25V689000Oct 10, 2025
Backup camera / back-over prevention25V442000Jun 27, 2025
Steering25V096000Feb 14, 2025
Steering24V493000Jun 28, 2024
Electrical system23V727000Oct 27, 2023
Powertrain / transmission23V070000Feb 10, 2023

Check whether a specific car's recalls were completed by running its VIN.

All Mustang recalls →

2023 Mustang value vs new

At 3 years old, the 2023 lists 41.8% below today's median new Mustang price of $46,384 (2026).

Part of the Mustang S550 (2015–2023) generation: best & worst years, problems, prices →

Other Mustang model years

More on the Mustang

2023 Ford Mustang FAQ

How much is a used 2023 Mustang worth?

The median asking price is $26,997, at a median 43,632 mi (504 listings).

Does the 2023 Mustang have recalls?

NHTSA lists 6 recall campaigns that cover the 2023 Mustang, most recently electrical system (Oct 10, 2025). Check a specific car by VIN to see whether they were completed.