The Iconic Ford Mustang needs no introduction. Ever since its debut in the sixties, the eye-catching pony car started redefined what American Muscle stands for. To this day, the first generation of the Mustang is among the most sought-after classic muscle cars in history.
Recently, Ford revealed the new generation of the Mustang with sales beginning in the summer of 2023. Known as the S650 generation, the pony received mixed reviews from many old-time muscle car fans. Nevertheless, we are thankful that Ford has continued to manufacture gas-guzzling 5.0 V8 powertrains despite most companies switching to batteries.
Yes, the newest Mustang looks fancy and comes with the latest technology. However, many might prefer the previous-gen’s looks over quirky curves and a jarring display panel that dominates the dashboard.
If you’re In the market for a sixth-gen Mustang, you might find the abundance of models and options available overwhelming. Without further ado, let’s take a look at some of the most notable trims available on the used market.
Best Performance: The 2022 Ford Shelby Mustang GT500 Is A Certified Supercar Killer
The 2022 Ford Mustang brings the closest image of a perfect Shelby GT500 to reality with Ford’s most potent street-legal powertrain in history. The 5.2L supercharged V8 boasts 760 horsepower and 626 lb-ft of torque. It is insane to think all that power is sent rearwards through a dual-clutch automatic transmission system. If an automatic is a dealbreaker for you, you should compromise two years and opt for a 2020 GT500.
As long as you’re willing to pay, Ford is happy to offer you the Carbon Fiber Track Pack for an extra $18,500. The package includes 20-inch carbon-fiber rims, a carbon-fiber spoiler, and weight-saving measures. What’s more, the handling package features a sportier front suspension.
Undoubtedly, all of that power comes at a hefty price regarding gas mileage. According to official government ratings, the 2022 Mustang GT500 gives you 12 miles to the gallon in the city and 18 on the highway.
Most Cost-Efficient: The Base Model 2016 Mustang V6 Still Cranks Serious Power
Although 2015 Mustangs are relatively more affordable on the market, we highly recommend skipping them due to numerous owner complaints. According to the Car Complaint website, with over 100 registered complaints, 2015 is the most problematic sixth-gen Mustang model year.
The most frequently-reported problem pertains to paint problems. Many owners have complained about the paint chipping off prematurely, causing several hundred dollars to repaint each panel. Other than that, several owners mentioned dealing with abnormal engine shakes leading to stalls while the vehicle is in motion.
The 2016 Ford Mustang V6 comes with considerably fewer problems and headaches. Although it’s the lowest trim, the V6 model still manages to produce 300 horsepower and 280 lb-ft of torque. In terms of fuel economy, the V6 powertrain puts out 18 miles per gallon in the city and 28 on the highway (21 MPG combined).
Based on your preference, the 2016 Mustang V6 can be paired with either a six-speed manual or an automatic transmission system.
According to the Kelley Blue Book prices, you can find a used 2016 Mustang for just above $30,000.
Best Value: The 2018 Mustang GT Comes With A Soulful V8
Last but certainly not least, the 2018 Mustang GT offers a lot of bang for your buck on the used market. The Mustang GT features a 5.0L V8 motor that summons a whopping 460 horsepower and 420 lb-ft of torque. That’s more than enough to put many foreign sports cars to shame on a straight line.
Although it’s not the most fuel-efficient sports car out there, you can expect 15 miles per gallon in the city and up to 25 on the highway.
Newer Mustangs are built to last. According to various reputable auto sources, the 2016 Mustang GT has no problem putting 200,000 miles on the odometer with its original engine and transmission. That is, of course, if you maintain the car on a regular basis. The average American drives for around 14,000 miles in a year. Even if you intend to daily drive your Mustang, that translates to over 14 years of reliable service.
On the other hand, 2016 Mustangs usually cost more than other sports cars of that year to maintain. Based on the Repair Pal website’s estimations, the annual cost of ownership for a 2016 Mustang sits anywhere between $746 to $912.
Finally, consult a trusted mechanic to make sure the engine and the transmission haven’t been through too much abuse by the previous owner. After all, it is easy to give in to the temptations of a robust V8 powertrain.