Is the $47,635 price on this 2024 Ford Mustang a good deal?

OAV rates this as a Great Deal because the asking price of $47,635 is below the typical market range for this vehicle.

What is the average price for a 2024 Ford Mustang in IL?

Based on 2,009 comparable listings in IL, the average asking price for a 2022-2026 Ford Mustang is $50,877, with prices ranging from $19,133 to $176,879.

How long does a 2024 Ford Mustang typically stay on dealer lots?

Comparable Ford Mustang listings in IL spend an average of 112 days on dealer lots.

Where is this 2024 Ford Mustang located?

This vehicle is listed in Skokie, IL 60077. VIN: 1FA6P8CF4R5409340. Mileage: 613 miles.

What is the fair market price range for this 2024 Ford Mustang?

OAV's Price-to-Market analysis estimates the fair market range is $48,925 to $49,857, based on 9 comparable vehicles.

Vehicle Details

VIN1FA6P8CF4R5409340

TrimGT Premium

Exterior ColorRed

DrivetrainRWD

Engine5.0L V8

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot68

Days on Market303

2024 Ford Mustang

GT Premium

Unscored

$47,635613 miles

Skokie, IL 60077

Market price position

Lowest comparable ($)

48,925

Highest comparable ($)

49,857

This vehicle's price ($)

47,635

$47,635 · $1,290 below market low

$48,925comparable$49,857

Regional range: $48,925 – $49,857
vs. market low: — $1,290 (3% below)
Comparable vehicles: 9

Demand-Verified· Backed by recent sales data

Similar vehicles recently sold in an estimated 15–63 days.

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges refresh daily.

Local Range$48,925 – $49,857

Regional Range$44,477 – $53,991

Dealer Info

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Skokie, IL

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About This 2024 Ford Mustang

Listing updated: May 5, 2026

Listed by a franchise dealer in Skokie, IL · On lot for 68 days · VIN verifiable at NHTSA

This used 2024 Ford Mustang GT Premium is listed at $47,635 by a franchise dealer in Skokie, IL 60077. It has 613 miles on the odometer. The exterior color is Red. It features a RWD drivetrain with a 5.0L V8 engine and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as a Great Deal — priced below market value. Based on 9 similar vehicles in the Skokie market, the estimated market range is $48,925 to $49,857. The local market range in IL is $48,925 to $49,857.

This vehicle has been on the lot for 68 days.

Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).

How this deal is rated

OAV compares this 2024 Ford Mustang against similar vehicles currently available in the local and regional market — same make, model, and year range, filtered for comparable mileage. Based on where this listing falls in that comparable set, it is rated:

Great Deal — priced below the typical range for comparable vehicles.
Fair Price — priced within the expected range for comparable vehicles.
Overpriced — priced above the typical range for comparable vehicles.

This rating refreshes daily as inventory enters and leaves the market. The dealer on this listing has not yet activated on OAV, so the business name and contact details are anonymized here. Activated (paying) dealers appear with their verified business name and a Verified badge.

How this listing is verified

This vehicle listing was aggregated from a franchise dealer in Skokie, IL, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1FA6P8CF4R5409340 can be independently verified via the U.S. Department of Transportation's NHTSA VIN decoder, and safety recalls at NHTSA's recall database.

Vehicle attributes (year, make, model, trim, mileage, location) are standardized using OAV's patented methodology (U.S. Patent No. 12,236,477), which normalizes naming conventions and deduplicates cross-listed inventory across the dealership network. Listing data is refreshed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2024 Ford Mustang Market in IL

Comparable Vehicles

2,009

Average Price

$50,877

Price Range

$19,133–$176,879

Avg Days on Lot

112

Based on 2,009 comparable 2022-2026 Ford Mustang listings in IL, the average asking price is $50,877. This listing at $47,635 is $3,242 below average (6% below market). Comparable prices in IL range from $19,133 to $176,879. Similar vehicles spend an average of 112 days on dealer lots in this market.