Ford Authority reports on a surprising trend in the used car market: the Ford Mustang is among the vehicles seeing the most significant price growth. While the broader used market has seen a "split" (with EVs depreciating and many models stabilizing), the Mustang is bucking the trend.

Mustang’s Surprising Price Surge

  • The Data: According to a new study, the Ford Mustang saw one of the largest year-over-year price increases in the used market, with prices jumping roughly 12% to 15% depending on the specific model year.

  • Segment Leader: The Mustang outperformed almost all other sports cars and muscle cars in terms of value retention and appreciation over the last 12 months.

Why are prices rising?

  • The "Last of the V8s" Effect: As Ford remains the only major American manufacturer still producing a V8-powered, internal combustion engine (ICE) pony car (following the discontinuation of the Chevy Camaro and Dodge Challenger), demand for used V8 Mustangs has spiked.

  • Supply Scarcity: Lower production numbers of newer S650 models and high interest rates for new car loans have pushed enthusiasts toward the used market, specifically seeking out the S550 (2015–2023) generation.

  • Collector Interest: There is a notable uptick in interest for specific performance trims, such as the Mach 1 and Shelby GT350, which are increasingly being viewed as "modern classics."

Wider Context

This rise stands in stark contrast to the rest of the Ford lineup; while the Mustang is climbing, other used Ford models (like the F-150 Lightning or the Mach-E) have seen prices soften or drop as the market for used EVs continues to face downward pressure.

Thanks for reading everybody!

-Paul

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