The median 2015 Mustang in the Canadian market sits at $22,440. Most of them land between $18,115 and $31,664, which is a wide spread. That gap isn't random. It tracks almost entirely with which engine is under the hood, so the number you should aim for depends heavily on the trim you're chasing.
Mileage on the typical car runs around 108,964 km. Every 10,000 km adds up: expect roughly $1,241 knocked off the price for each additional chunk of distance. So a car sitting 30,000 km above that median should cost you about $3,700 less than one right at it, all else equal. Bring that math to the negotiation.
GT versus EcoBoost
The split here is stark. A GT runs a median of $33,480 and stays in a tight band from $32,166 to $36,237. There isn't much haggling room in that group. EcoBoost cars are a different animal at $19,472 median, ranging from $16,740 to $21,715.
That's roughly a $14,000 gap between the two. If you want a Mustang and the V8 badge isn't the point, the EcoBoost is the clear value play. You're paying well under the overall median and the range gives you real negotiating leverage. Pay above $21,715 for one and you're overpaying.
One more read on demand: we've flagged 8 deals on this model year in the last 90 days. If you're patient and know your target number, the market is handing out cars worth a second look.
Price by trim
| Trim | Median price | Typical range |
|---|---|---|
| GT | $33,480 | $32,166–$36,237 |
| Ecoboost | $19,472 | $16,740–$21,715 |
Numbers reflect live listings across Canada over the last 90 days, filtered for outliers. Data as of . Prices in CAD.