The 2019 Mustang sits at a median of $29,797 across the Canadian market. Most cars land between $25,222 and $45,470, and that spread is wide for a reason: this year covers everything from a four-cylinder commuter to a V8. Where a specific car falls depends almost entirely on which engine is under the hood.
Mileage on the typical car sits around 60,288 km. Each extra 10,000 km knocks roughly $2,107 off the asking price, so a car with 90,000 km should run about $6,300 under an otherwise identical one at 30,000 km. Use that as your correction factor when a listing looks cheap or steep for its odometer.
GT versus EcoBoost: two different cars, two different budgets
The trim gap here is the whole story. A GT runs a median of $45,145, with most sitting between $42,165 and $48,746. The EcoBoost lands at $25,997, typically $22,874 to $28,621. That's close to $19,000 between the two medians, and the ranges barely touch.
So the buying decision is really an engine decision made before you look at price. If you want the V8, budget in the mid-40s and don't expect much movement below $42,000. If the EcoBoost does the job for you, under $26,000 is fair, and anything near $23,000 with reasonable kilometres is a strong number.
We flagged 21 deals on this year over the last 90 days, so priced-right cars do surface. Know which trim you're after, adjust for the odometer, and you'll spot the honest listing from the optimistic one fast.
Price by trim
| Trim | Median price | Typical range |
|---|---|---|
| GT | $45,145 | $42,165–$48,746 |
| Ecoboost | $25,997 | $22,874–$28,621 |
Numbers reflect live listings across Canada over the last 90 days, filtered for outliers. Data as of . Prices in CAD.