Prices › Ford › Mustang › 2016

2016 Ford Mustang prices in Canada

$17,540to$32,972

Typical asking range for a 2016 Ford Mustang — the middle half of 55 vehicles listed. Median $20,995, median odometer 103,100 km. The cheapest tenth ask under $15,988, the dearest tenth over $68,528.

Small sample: 55 vehicles. Every figure below is indicative only. A thin answer beats no answer, and we would rather say it is thin than let it read as more than it is.

What sellers are asking

$9,75055 vehicles, by asking price$124,900

How these 55 are configured

Field	Value	Listed	Share	Median asking
Drivetrain	2WD	55	100%	$20,995
Body style	Coupe	45	82%	$21,888
Body style	Convertible	10	18%	$20,372
Fuel	Gasoline	25	45%	$31,900

Share of the 55 above; values under 5 vehicles are omitted, so a field need not total 100%.

What the odometer is worth on a 2016 Ford Mustang

Odometer	Listed	Median asking	Typical range	Median odometer
40,000 – 60,000 km	8	$28,450	$22,820 – $47,213	50,006 km
60,000 – 100,000 km	11	$22,998	$19,419 – $34,069	78,000 km
100,000 – 150,000 km	21	$19,750	$17,844 – $21,900	130,281 km
Over 150,000 km	8	$15,492	$14,300 – $16,224	169,740 km

48 used vehicles with a reading, across 4 bands. What is listed at that mileage today — not a depreciation curve.

How many are discounted right now

Asking less than they first did

18%

10 of 55 listed

Typical markdown

$2,000

5% off the first asking price

Middle half of markdowns

$1,050–$2,889

quartiles of the 10 that moved

10 of 55 2016 Ford Mustangs are asking below the first price we recorded for them, so this share is a floor.

How long a 2016 Ford Mustang takes to sell

Median days to sell

14.9

middle half 7.5–19.9 days

Cut price before selling

17.2%

20.6d if discounted vs 14.4d if not

Typical discount

$2,098

from 29 completed listings

How long it took	Days listed
Fastest quarter, gone within	7.5 days
Half of them gone within	14.9 days
Three quarters gone within	19.9 days
Nine in ten gone within	35.6 days

29 2016 Ford Mustangs that left the market. The ones still for sale are not in this table.

By province

Province	Vehicles listed	Median asking	Typical range
Ontario	29	$20,500	$16,998 – $29,499
Alberta	9	$19,995	$16,900 – $22,995
British Columbia	8	$21,448	$18,711 – $26,169
Quebec	8	$53,440	$23,211 – $112,495

The model year either side

Get all 55 as a spreadsheet →Value your own vehicle — free Price your whole lot — the Desk Free market research

Updated 07 September 2026 · 55 priced listings from 51 sellers. Asking prices, not sale prices, and not an appraisal — how these figures are built, terms.