Prices › Ford › Mustang › 2016

2016 Ford Mustang prices in Canada

$16,900to$32,950

Typical asking range for a 2016 Ford Mustang — the middle half of 49 vehicles listed. Median $20,995, median odometer 103,100 km. The cheapest tenth ask under $15,890, the dearest tenth over $68,779.

Small sample: 49 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

$9,75049 vehicles, by asking price$119,995

How these 49 are configured

Field	Value	Listed	Share	Median asking
Drivetrain	2WD	49	100%	$20,995
Body style	Coupe	39	80%	$21,900
Body style	Convertible	10	20%	$18,872
Fuel	Gasoline	21	43%	$35,690

Share of the 49 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	7	$25,000	$22,645 – $53,935	49,541 km
60,000 – 100,000 km	9	$20,995	$17,950 – $32,950	78,000 km
100,000 – 150,000 km	16	$20,372	$17,877 – $24,962	128,483 km
Over 150,000 km	10	$15,994	$14,924 – $16,882	169,740 km

42 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

35%

17 of 49 listed

Typical markdown

$1,200

4.2% off the first asking price

Middle half of markdowns

$1,000–$2,776

quartiles of the 17 that moved

17 of 49 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

14.4

middle half 5.7–20.5 days

Cut price before selling

13.9%

22.3d if discounted vs 12d if not

Typical discount

$3,000

from 36 completed listings

How long it took	Days listed
Fastest quarter, gone within	5.7 days
Half of them gone within	14.4 days
Three quarters gone within	20.5 days
Nine in ten gone within	38.2 days

36 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	26	$19,319	$16,779 – $29,299
Alberta	8	$20,898	$16,550 – $33,471
Quebec	8	$52,688	$23,211 – $112,471
British Columbia	5	$21,900	$20,995 – $35,690

The model year either side

Get all 49 as a spreadsheet →Free 20-row sample

Updated 21 September 2026 · 49 priced listings from 46 sellers. Asking prices, not sale prices, and not an appraisal — how these figures are built, terms.