Is the $45,700 price on this 2024 Ford Mustang a good deal?

OAV rates this as Fair Price because the asking price of $45,700 is within the typical market range for this vehicle.

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

Based on 1,975 comparable listings in IL, the average asking price for a 2022-2026 Ford Mustang is $50,442, 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 Chicago, IL 60641. VIN: 1FA6P8CF8R5400186. Mileage: 17,366 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 $40,998 to $53,991, based on 97 comparable vehicles.

Vehicle Details

VIN1FA6P8CF8R5400186

TrimGT Premium

Exterior ColorBlack

DrivetrainRWD

Engine5.0L V8

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot57

Days on Market314

2024 Ford Mustang

GT Premium

Fair Price

$45,70017,366 miles

Chicago, IL 60641

Market price position

Lowest comparable ($)

40,998

Highest comparable ($)

53,991

This vehicle's price ($)

45,700

$45,700 · within market range

$40,998comparable$53,991

Regional range: $40,998 – $53,991
vs. market: $4,702 above low · $8,291 below high
Comparable vehicles: 97

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.

Regional Range$40,998 – $53,991

Dealer Info

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Chicago, IL

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About This 2024 Ford Mustang

Listing updated: May 9, 2026

Listed by an independent dealer in Chicago, IL · On lot for 57 days · VIN verifiable at NHTSA

This used 2024 Ford Mustang GT Premium is listed at $45,700 by an independent dealer in Chicago, IL 60641. It has 17,366 miles on the odometer. The exterior color is Black. 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 Fair Price — priced at market value. Based on 97 similar vehicles in the Chicago market, the estimated market range is $40,998 to $53,991.

This vehicle has been on the lot for 57 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 an independent dealer in Chicago, IL, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1FA6P8CF8R5400186 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

1,975

Average Price

$50,442

Price Range

$19,133–$176,879

Avg Days on Lot

112

Based on 1,975 comparable 2022-2026 Ford Mustang listings in IL, the average asking price is $50,442. This listing at $45,700 is $4,742 below average (9% 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.