Used Ford market is almost all Mustangs, with 530 good or great deals

Ford's used market is the Mustang and a very small, very expensive footnote. In listings we tracked through Oct. 1, 1,954 of the 1,977 Fords for sale are Mustangs, and the other 23 are Ford GTs.

The cheapest Mustang for sale asks $22,700, and the model's median asking price is $45,000. The GT's median asking price is $1,025,000, which makes it a different kind of purchase altogether.

Both models carry a warm market temperature, so neither is a market in a hurry or one that has stalled.

GTs take longer to leave the market

A typical Mustang takes 46 days to leave the market. A GT takes 56. Supply tells the same story: the Mustangs listed would last 2.3 months at the recent pace, the GTs 3.1 months.

Price cuts run the other way by share. Asking prices for comparable used Ford Mustangs fell 1.5% from July 2026 to October 2026, and 23% of Mustangs have had a cut in the last 90 days. Among the 23 Ford GTs, 4% have. The July comparison rests on far fewer listings than October's, so read the size of the move with some care.

For a GT seller, the slower pace has not yet shown up in the price tags. For a GT buyer, that leaves room to ask.

Older Mustangs list above the 2026s

The trim spread is wide. The EcoBoost, at a median of $29,700, is the cheapest of the three biggest trims, while the GT Premium is the largest, with 576 cars for sale.

A 2020 Mustang is typically listed at about 124% of a 2026's price, same trim and miles, and the 2019 and 2018 model years also list above the newest cars. The 2025 and 2024 list a little below it.

A newer Mustang is not automatically the pricier one. Compare trim and miles before assuming the model year sets the price.

Three GT350s stand out among the deals

Ford has 530 great or good deals, including 263 Mustangs in the great-deal tier alone. The Shelby cars account for some of the biggest gaps we see.

Two 2019 Shelby GT350s show the pattern. A gray one with 38,786 miles in Oklahoma City, Oklahoma, asks $48,900. In Chicago, Illinois, a Shadow Black car with 36,833 miles was cut on Oct. 1. Both sit about $10,000 under fair value.

The widest gap of the four cars here belongs to a black 2017 GT350 in Putnam, Connecticut, with 19,833 miles. It asks $45,590, about $11,500 under fair value, and has been listed for 391 days. That is long enough that a buyer could reasonably offer below asking.

For something newer, an Oxford White 2025 Mustang GT in Ogden, Utah, has 2,584 miles and asks $36,995.