The 2022 Mustang runs a median of $48,992 across live Canadian listings. Most of what you'll find sits between $35,999 and $53,995, which is a wide spread for a single model year. That gap is the trim story talking, not noise. An EcoBoost and a Mach 1 are very different cars wearing the same badge, and the price reflects it.
Median mileage right now is about 28,000 km, so most of these cars are barely broken in. That matters for how you read the odometer. At this age, a car with 15,000 km and one with 40,000 km aren't in different leagues on wear, but they will be on price.
What mileage costs you
Every extra 10,000 km on the clock knocks roughly $2,468 off the asking price. So the difference between a low-km example and one with 50,000 km is real money, somewhere north of ten grand once you stack the bands. If two cars in the same trim are priced close but one has 20,000 km more, the higher-mileage one should be cheaper. Use that $2,468 figure to check whether a seller's number holds up.
The trims sort cleanly. EcoBoost is the value entry at a $33,990 median, with most landing between $31,747 and $34,942. The GT median is $49,996, tight between $48,366 and $52,174, so V8 buyers know almost exactly what the market wants. The Mach 1 is its own thing entirely: $72,368 median and a narrow $69,059 to $73,845 band. Fewer of these change hands and they don't discount much, so if you want one, budget for close to that median.
Which trim is the buy depends on what you're after. If it's the pony car look and running costs, the EcoBoost is priced well below the pack. If you want the V8, the GT band is predictable enough that you can walk in knowing a fair number. We've flagged 22 deals on the 2022 Mustang in the last 90 days, so cars priced under the curve do surface. Anchor on the trim median, adjust for mileage at $2,468 per 10,000 km, and you'll know a good ask from a hopeful one.
Price by trim
| Trim | Median price | Typical range |
|---|---|---|
| Mach 1 | $72,368 | $69,059–$73,845 |
| GT | $49,996 | $48,366–$52,174 |
| Ecoboost | $33,990 | $31,747–$34,942 |
Numbers reflect live listings across Canada over the last 90 days, filtered for outliers. Data as of . Prices in CAD.