The 2017 Mustang sits at a median of $26,495 across live Canadian listings. Most cars land between $21,624 and $37,995, and that gap is wide for a reason. It's the spread between a base four-cylinder and a fire-breathing track special, all wearing the same badge.
The typical car on the market has about 70,706 km on it. Mileage matters here, and you can put a number on it. Every extra 10,000 km knocks roughly $2,156 off the asking price. So a car with 120,000 km should cost you around $10,000 less than one sitting near 30,000 km, all else equal. Use that as your lever when a seller won't budge on a higher-odometer example.
What the trims tell you
Trim is where this year splits hard. The Ecoboost is the value play at a $22,900 median, with the four-cylinder cars running from $18,774 to $23,910. The V6 tracks close behind at $23,498. If you want the badge and the drop-top look without the V8 tax, these two are your lane.
Step up to the GT and the median jumps to $38,711, with a tight window from $37,972 to $41,995. That's the price of eight cylinders, and the market isn't shy about charging for it. The GT holds its number well, so don't expect much haggling room on a clean one.
Then there's the GT350, which plays a different game entirely at an $81,995 median. These barely move on price, with the range running $74,999 to $82,500. This is collector territory, not commuter shopping.
We've flagged 14 deals on this model year in the last 90 days. If you're chasing an Ecoboost or V6, anything meaningfully under the $22,000 to $23,500 band with reasonable kilometres is worth a hard look.
Price by trim
| Trim | Median price | Typical range |
|---|---|---|
| GT350 | $81,995 | $74,999–$82,500 |
| GT | $38,711 | $37,972–$41,995 |
| V6 | $23,498 | $20,745–$26,246 |
| Ecoboost | $22,900 | $18,774–$23,910 |
Numbers reflect live listings across Canada over the last 90 days, filtered for outliers. Data as of . Prices in CAD.