2024 Ford Mustang GT Premium
View this vehicle at chevrolet of merrillville →Vehicle Details
GT Premium
Merrillville, IN 46410
Is this 2024 Ford Mustang GT Premium a good deal?
OAV verdict: Fair Price
Why: Listed at $42,500, comparable market range $39,893–$65,278, based on 32 comparable listings. Listed 3 days · fresher than most comparable local listings (typical ~15–105 days).
Market price position
$42,500 · within market range
- Comparable range
- $39,893 – $65,278
- vs. market
- $2,607 above low · $22,778 below high
- Comparable vehicles
- 32
Market Retail Price (MRP™)
$52,586This vehicle $42,500 · $10,086 (19%) below MRP
MRP™ is the midpoint of the comparable market range — the representative price the market is asking for similar vehicles. How MRP works.
True Retail Value (TRV™)
$43,900This vehicle $42,500 · $1,400 (3%) below TRV
TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-08-30) — an estimate, not an appraisal. How TRV works.
Comparable vehicles nationally recently sold in an estimated 15–54 days.
Market Breakdown
Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges are rebuilt from the market snapshot shown above.
Chevrolet Of Merrillville
Merrillville, IN
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OAV will route your inquiry to Chevrolet Of Merrillville for current availability of this 2024 Ford Mustang GT Premium and an out-the-door price quote (taxes, fees, addons included).
OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.
About This 2024 Ford Mustang
Listing updated: Aug 30, 2026Listed by a franchise dealer in Merrillville, IN · On lot for 3 days · VIN verifiable at NHTSA
This used 2024 Ford Mustang GT Premium is listed at $42,500 by chevrolet of merrillville in Merrillville, IN 46410. It has 41,392 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Black. It features a RWD drivetrain with a 5.0L V8 engine and Automatic transmission.
OAV's independent, evidence-backed Price-to-Market analysis rates this vehicle as Fair Price — priced in line with the supported comparable range. Based on 32 comparable listings matched to this vehicle, the estimated market range is $39,893 to $65,278. These comparisons match year, make, model, and market, using trim where trim data supports it. OAV does not adjust comparables for odometer — where mileage would distort a verdict, it withholds one instead.
This vehicle has been on the lot for 3 days.
Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).
Market context
This listing is part of OAV's broader Merrillville, IN coupes market analysis. OAV compares vehicles by local and regional price-to-market ranges and comparable count; days-on-lot and demand signals are shown separately, not as verdict inputs.
How this deal is rated
OAV compares this 2024 Ford Mustang against similar vehicles currently available for sale — same make, model, and year range, using trim where trim data supports it. OAV does not adjust comparables for odometer; on very high-mileage vehicles it withholds a verdict rather than overstate a discount the odometer explains. Based on where this listing falls in that comparable set, it is rated:
- Great Deal — priced below the comparable-range floor by a meaningful margin (OAV's minimum-gap rule); a listing below the floor by less than that margin is Fair Price.
- Fair Price — priced within the expected range for comparable vehicles.
- Overpriced — priced above the typical range for comparable vehicles.
Listings show OAV's PTM-derived deal quality and live market context. OAV-claimed dealers manage their listing profile and route buyer inquiries directly. Paid OAV partners can surface additional verification signals, but commercial participation never changes a listing's Price-to-Market verdict, eligibility, ranking, or confidence.
How this listing is verified
This vehicle listing was aggregated from a franchise dealer in Merrillville, IN, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1FA6P8CF7R5400874 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 processed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.
2024 Ford Mustang Market in IN
IN Market Listings
295
Average Price
$43,018
Price Range
$29,764–$62,988
Avg Days on Lot
131
Based on all 295 2022-2026 Ford Mustang listings in the IN market, the average asking price is $43,018. This listing at $42,500 is $518 below the broader IN average (1% below the IN average). This is a wider, all-trim comparison across IN; OAV's price verdict above uses the closer comparable set. Comparable prices in IN range from $29,764 to $62,988. Similar vehicles spend an average of 131 days on dealer lots in this market.
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