Used 2023 Ford Mustang GT Premium Convertible 2D

Pricing
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Stay up to date by tracking the KBB.com Fair Purchase Price.
Values and Prices
Fair Purchase Price is determined by collecting thousands of actual consumer vehicle purchase prices, plus data from national vehicle registration databases and several other reliable third-party sources.
Estimated Values
Condition | Trade-In Value | Private Party Value | ||
|---|---|---|---|---|
Excellent | $32,890 | $36,060 | ||
Very Good | $31,890 | $35,060 | ||
Good | $30,890 | $33,960 | ||
Fair | $28,290 | $31,160 |
Estimated Trade-In Values for the 2023 Ford Mustang GT Premium Convertible 2D range from about $28,290 to $32,890 depending on vehicle condition. Estimated Private Party Values range from about $31,160 to $36,060 depending on vehicle condition. Valid for ZIP Code 01030 through 9/25/2026.
2023 Ford Mustang GT Premium Convertible 2D Depreciation
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2023 Ford Mustang GT Premium Convertible 2D Annual Depreciation
Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
|---|---|---|---|---|---|
2023 | - | $47,192 | $45,189 | ||
2024 | $11,576 | $35,616 | $33,383 | ||
2025 | $319 | $35,297 | $33,509 | ||
Now | $1,397 | $33,900 | $31,400 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
2023 Ford Mustang GT Premium Convertible 2D Depreciation
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Specifications
Dimensions, Weights & Capacities
Curb Weight | 3916 lbs. | ||
|---|---|---|---|
EPA Passenger | 79.2 cu.ft. | ||
EPA Total Interior | 90.6 cu.ft. | ||
Fuel Capacity | 16.0 gallons | ||
Front Head Room | 37.6 inches | ||
Front Leg Room | 45.1 inches | ||
Max Seating Capacity | 4 | ||
Overall Length | 188.5 inches | ||
Front Shoulder Room | 56.3 inches | ||
Trunk or Cargo Capacity | 11.4 cu.ft. | ||
Turning Diameter | 37.8 feet | ||
Wheel Base | 107.1 inches | ||
Width with mirrors | 81.9 inches |
Exterior
Alloy Wheels | Available | ||
|---|---|---|---|
Fog Lights | Available | ||
Number of Doors | 2 doors | ||
LED Headlights | Available | ||
Rear Spoiler | Available |
Fuel Economy
City | 15 mpg | ||
|---|---|---|---|
Highway | 23 mpg | ||
Combined | 19 mpg |
Mechanical
Drivetrain | RWD | ||
|---|---|---|---|
Transmission Type | Automatic | ||
10 speed | Available | ||
Recommended Fuel | Premium | ||
Hill Start Assist | Available | ||
Limited Slip Differential | Available |
Performance
Horsepower | 450 @ 7000 RPM | ||
|---|---|---|---|
Torque | 410 @ 4600 rpm | ||
Engine | V8, 5.0 Liter |
Warranty
Basic | 3 years / 36000 miles | ||
|---|---|---|---|
Powertrain | 5 years / 60000 miles | ||
Corrosion | 5 years / Unlimited miles |
2023 Ford Mustang GT Premium Convertible 2D Standard Features
2023 Ford Mustang
KBB.com Review
Kbb.com Expert Rating
Still special. Great engines. Choice of coupe or convertible.
Getting old. Cost-cutting interior.
2023 Ford Mustang
KBB.com Consumer Reviews
Consumer Rating
2023 Ford Mustang GT Premium Convertible 2D Safety
Safety Features & Technology
Crash Test Rating
Compare to Similar Vehicles
![]() Used 2023 Ford Mustang GT Premium Convertible 2D | ![]() Used 2023 MAZDA MX-5 Miata RF | ![]() Used 2023 MINI Convertible | ||
|---|---|---|---|---|
| Price | $36,400 | $31,200 | $31,600 | |
| KBB.com Rating | 4.5 | 4.8 | 3.3 | |
| Consumer Rating | 4.6 | 4.7 | 4.6 | |
| Fuel Economy | City 15/Hwy 23/Comb 19 MPG | City 26/Hwy 34/Comb 29 MPG | City 24/Hwy 33/Comb 27 MPG | |
| Fuel Type | Gas | N/A | N/A | |
| Seating Capacity | 4 | 2 | 4 | |
| Basic Warranty | 3 years or 36000 miles | 3 years or 36000 miles | 4 years or 50000 miles | |
| Horsepower | 450 @ 7000 RPM | 181 @ 7000 RPM | 228 @ 5200 RPM | |
| Engine | V8, 5.0 Liter | 4-Cyl, SKYACTIV-G, 2.0 Liter | 4-Cyl, Turbo, 2.0 Liter | |
| Drivetrain | RWD | RWD | FWD |




