63 live listingsUpdated
Used 2016 Ford Mustang for sale
Our latest scan found 63 used 2016 Ford Mustangs for sale, from $40,224 up to $120,790. The median asking price is $53,535. Comparing like for like, the median 2016 Mustang Shelby GT350 is $53,345, 7% below the median 2017 Mustang Shelby GT350 ($57,487).
The most listed trims are the Shelby GT350 (59) and Shelby GT350R (4). The typical car shows 23,704 mi, and half are priced between $48,575 and $58,126. The lowest-priced one is a 2016 Ford Mustang Shelby GT350 listed at $40,224 with 91,586 mi in Florence, SC.
Best 2016 Ford Mustang deals right now
13 deals priced below market right now, the best by about $8,945. Members get the VIN, dealer, listing link and a ready-to-send negotiation email for each one.
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$9k below market Locked2016 Ford Mustang
6th Gen Shelby GT350 Coupe
Great deal: about $9k under fair value for its year, trim and miles.
Asking price $50,185Deal score 99 -
$5k below market Locked2016 Ford Mustang
6th Gen Shelby GT350 Coupe
Great deal: about $5k under fair value for its year, trim and miles.
Asking price $47,080Deal score 95 -
$5k below market Locked2016 Ford Mustang
6th Gen Shelby GT350 Coupe
Great deal: about $5k under fair value for its year, trim and miles.
Asking price $51,000Deal score 94 -
$6k below market Locked2016 Ford Mustang
6th Gen Shelby GT350 Coupe
Great deal: about $6k under fair value for its year, trim and miles.
Asking price $58,392Deal score 92 -
$5k below market Locked2016 Ford Mustang
6th Gen Shelby GT350 Coupe
Great deal: about $5k under fair value for its year, trim and miles.
Asking price $47,580Deal score 92 -
$3k below market Locked2016 Ford Mustang
6th Gen Shelby GT350 Coupe
Good deal: about $3k under fair value for its year, trim and miles.
Asking price $43,357Deal score 84
Members see every deal's VIN, dealer and listing link, plus a negotiation email.
Latest 2016 Ford Mustang listings
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2016 Ford Mustang
6th Gen Shelby GT350
Asking price $50,612 -
2016 Ford Mustang
6th Gen Shelby GT350
Asking price $54,500 -
2016 Ford Mustang
6th Gen Shelby GT350
Asking price $40,997 -
2016 Ford Mustang
6th Gen Shelby GT350
Asking price $56,876 -
2016 Ford Mustang
6th Gen Shelby GT350
Asking price $42,095 -
2016 Ford Mustang
6th Gen Shelby GT350
Asking price $55,493 -
2016 Ford Mustang
6th Gen Shelby GT350
Asking price $53,420 -
2016 Ford Mustang
6th Gen Shelby GT350
Asking price $74,710 -
2016 Ford Mustang
6th Gen Shelby GT350
Asking price $60,117 -
2016 Ford Mustang
6th Gen Shelby GT350
Asking price $47,073 -
2016 Ford Mustang
6th Gen Shelby GT350
Asking price $40,224 -
2016 Ford Mustang
6th Gen Shelby GT350
Asking price $51,898 -
2016 Ford Mustang
6th Gen Shelby GT350
Asking price $57,723 -
2016 Ford Mustang
6th Gen Shelby GT350
Asking price $47,995 -
2016 Ford Mustang
6th Gen Shelby GT350
Asking price $51,448 -
2016 Ford Mustang
6th Gen Shelby GT350R
Asking price $69,853 -
2016 Ford Mustang
6th Gen Shelby GT350
Asking price $70,498 -
2016 Ford Mustang
6th Gen Shelby GT350
Asking price $71,197 -
2016 Ford Mustang
6th Gen Shelby GT350
Asking price $58,117 -
2016 Ford Mustang
6th Gen Shelby GT350
Asking price $58,135 -
2016 Ford Mustang
6th Gen Shelby GT350
Asking price $51,280 -
2016 Ford Mustang
6th Gen Shelby GT350
Asking price $55,376 -
2016 Ford Mustang
6th Gen Shelby GT350
Asking price $58,392 -
2016 Ford Mustang
6th Gen Shelby GT350
Asking price $55,286
2016 Ford Mustang prices by trim
| Trim | For sale | Lowest price | Median price | Median miles |
|---|---|---|---|---|
| Shelby GT350 | 59 | $40,224 | $53,345 | 24,206 |
| Shelby GT350R | 4 | $55,754 | $75,103 | 8,103 |
2016 Ford Mustang prices by mileage
| Mileage | For sale | Median price | Lowest price |
|---|---|---|---|
| Under 5,000 miles | 6 | $71,393 | $58,392 |
| 5,000 to 15,000 miles | 12 | $60,622 | $50,185 |
| 15,000 to 30,000 miles | 25 | $53,535 | $45,794 |
| 30,000 to 60,000 miles | 13 | $48,454 | $43,357 |
| Over 60,000 miles | 6 | $42,045 | $40,224 |
2016 Mustang Shelby GT350 vs. nearby years
Median asking price of the Mustang Shelby GT350 in the model years around 2016, against the 2016 median of $53,345. Comparing one trim keeps it like for like.
| Model year | For sale | Median price | vs. 2016 |
|---|---|---|---|
| 2019 Mustang Shelby GT350 | 21 | $60,494 | +13% |
| 2018 Mustang Shelby GT350 | 40 | $60,054 | +13% |
| 2017 Mustang Shelby GT350 | 64 | $57,487 | +8% |
Where used 2016 Ford Mustangs are for sale
| State | For sale | Median price | Lowest price |
|---|---|---|---|
| California | 8 | $54,168 | $42,884 |
| Florida | 7 | $55,286 | $47,580 |
| Illinois | 6 | $56,315 | $50,599 |
| North Carolina | 4 | $51,116 | $48,454 |
| Texas | 4 | $46,658 | $41,995 |
| Tennessee | 3 | $52,377 | $43,357 |
| Virginia | 3 | $52,766 | $45,794 |
| Washington | 3 | $50,185 | $47,995 |
| Wisconsin | 3 | $71,980 | $56,393 |
| Missouri | 2 | $62,499 | $54,500 |
2016 Ford Mustang versions we track
Used 2016 Ford Mustang: common questions
How much does a used 2016 Ford Mustang cost?
Used 2016 Ford Mustang asking prices currently range from $40,224 to $120,790, with a median of $53,535 across 63 listings. Half of them are priced between $48,575 and $58,126.
What is the cheapest 2016 Ford Mustang for sale right now?
The lowest asking price in our latest scan is a 2016 Ford Mustang Shelby GT350 listed at $40,224 with 91,586 mi in Florence, SC.
What is a 2016 Ford Mustang worth?
Based on asking prices for comparable cars, our market model values a 2016 Mustang Shelby GT350 at about $52,500 with 24,300 miles and a 2016 Mustang Shelby GT350R at about $80,500 with 8,100 miles. The 63 cars for sale now ask $40,224 to $120,790.
Which 2016 Ford Mustang trims are for sale?
Listings include the Shelby GT350 (59 cars, median $53,345) and Shelby GT350R (4 cars, median $75,103).
Is a 2016 Ford Mustang cheaper than a 2017?
Yes. Comparing the same trim, the median 2016 Mustang Shelby GT350 is listed at $53,345, 7% below the median 2017 Mustang Shelby GT350 ($57,487) across 64 listings.
Where are the most 2016 Ford Mustangs for sale?
California (8), Florida (7), and Illinois (6) have the most listings. Among states with at least 5 listings, median asking prices are lowest in California ($54,168) and highest in Illinois ($56,315).
How many miles do used 2016 Ford Mustangs for sale have?
The median 2016 Ford Mustang for sale shows 23,704 mi. 18 of 63 listings (29%) have under 15,000 miles.
How long do 2016 Ford Mustangs stay on the market?
Current 2016 Ford Mustang listings have been for sale for a median of 38 days. Cars that sit well beyond that are often the easiest to negotiate on.
How current is this data?
These numbers come from our latest scan of dealer listings on Oct 1, 2026. Luxury Car Deals rescans the market regularly and removes cars that have sold.