Is the $21,722 price on this 2016 Ford Mustang a good deal?

OAV rates this as a Great Deal because the asking price of $21,722 is below the typical market range for this vehicle.

What is the average price for a 2016 Ford Mustang in TX?

Based on 803 comparable listings in TX, the average asking price for a 2014-2018 Ford Mustang is $23,319, with prices ranging from $4,950 to $175,000.

How long does a 2016 Ford Mustang typically stay on dealer lots?

Comparable Ford Mustang listings in TX spend an average of 84 days on dealer lots.

Where is this 2016 Ford Mustang located?

This vehicle is listed in Austin, TX 78757. VIN: 1FA6P8CF9G5232653. Mileage: 123,362 miles.

No Photo Available

Vehicle Details

VIN1FA6P8CF9G5232653

TrimGT Premium

Exterior ColorWhite

DrivetrainRWD

Engine5.0L V8

TransmissionAutomatic

Fuel TypePremium Unleaded

Inventory Typeused

Days on Lot10

2016 Ford Mustang

GT Premium

Unscored

$21,722123,362 mi

Austin, TX 78757

Is this 2016 Ford Mustang GT Premium a good deal?

OAV verdict: Unscored

Why: Listed at $21,722, comparable market range $23,494–$28,839, based on 5 comparable listings. Days on lot: 10 days (market average 84 days).

Market price position

$21,722 · $1,772 below market low

$23,494comparable$28,839

Regional range: $23,494 – $28,839
vs. market low: — $1,772 (8% below)
Comparable vehicles: 5

Market Retail Price (MRP™)

$26,167

This vehicle $21,722 · $4,445 (17%) 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™)

$20,683

This vehicle $21,722 · $1,039 (5%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-23) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

High Demand

Similar vehicles recently sold in an estimated 9–36 days.

What does Demand-Verified mean?

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$23,494 – $28,839

Regional Range$23,494 – $28,839

First Texas Honda

Austin, TX

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

View all vehicles from first texas honda →

Request availability and out-the-door price

OAV will route your inquiry to First Texas Honda for current availability of this 2016 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 2016 Ford Mustang

Listing updated: Jul 23, 2026

Listed by a franchise dealer in Austin, TX · On lot for 10 days · VIN verifiable at NHTSA

This used 2016 Ford Mustang GT Premium is listed at $21,722 by first texas honda in Austin, TX 78757. It has 123,362 miles on the odometer. The exterior color is White. 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 Unscored due to insufficient comparable data. Based on 5 similar vehicles in the Austin market, the estimated market range is $23,494 to $28,839. The local market range in TX is $23,494 to $28,839.

This vehicle has been on the lot for 10 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 Austin, TX coupes market analysis. OAV compares vehicles using local and regional price-to-market ranges, days-on-lot, comparable count, and demand signals where available.

How this deal is rated

OAV compares this 2016 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.

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 surface additional verification signals.

How this listing is verified

This vehicle listing was aggregated from a franchise dealer in Austin, TX, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1FA6P8CF9G5232653 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 updated daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2016 Ford Mustang Market in TX

Comparable Vehicles

803

Average Price

$23,319

Price Range

$4,950–$175,000

Avg Days on Lot

Based on 803 comparable 2014-2018 Ford Mustang listings in TX, the average asking price is $23,319. This listing at $21,722 is $1,597 below average (7% below market). Comparable prices in TX range from $4,950 to $175,000. Similar vehicles spend an average of 84 days on dealer lots in this market.