The Ford Mustang, an iconic American muscle car, continues its legacy with the 2023 model. Available as a coupe or convertible, it offers a blend of classic design and modern performance. Key trims include the EcoBoost, GT, and Mach 1. Pricing typically ranges from around $28,000 to over $60,000 depending on the trim and options. Its potent engine options, customizable features, and heritage make it a popular choice for driving enthusiasts.
The Good
The 2023 Ford Mustang offers powerful performance appealing to enthusiasts, while its iconic design evokes emotion. Practically, it provides a relatively comfortable ride and decent fuel economy for a sports car, especially with the EcoBoost engine. Reliability is generally good, and it offers strong value for its performance and features.
The Bad
The 2023 Ford Mustang, while impressive, has potential drawbacks. Rear seat space is limited, making it less practical for families. Some drivers find the interior materials lacking compared to rivals. Potential reliability issues can arise depending on the engine and trim, so a thorough inspection is recommended before purchasing.
2023 Ford Mustang: Quick Overview
Key specs for the 2023 Ford Mustang:
- Engine Options:
- 2.3L EcoBoost Inline-4: Turbocharged
- 5.0L Coyote V8: Naturally Aspirated
- Horsepower:
- 2.3L EcoBoost: Around 310-330 hp (varies with model)
- 5.0L Coyote V8: Around 450-480 hp (varies with model)
- Fuel Economy (EPA Estimated):
- 2.3L EcoBoost: Up to 22 city / 32 highway mpg
- 5.0L Coyote V8: Around 15 city / 24 highway mpg
- 0-60 Times:
- 2.3L EcoBoost: Around 5.0-5.5 seconds
- 5.0L Coyote V8: Around 4.0-4.5 seconds
- Towing Capacity: Not applicable (Mustang is not designed for towing)
- Trim-Level Features (Examples):
- EcoBoost: Standard features include cloth seats, SYNC infotainment system, and basic safety features.
- EcoBoost Premium: Upgrades include leather seats, upgraded audio system, and enhanced technology features.
- GT: Adds the 5.0L V8 engine, performance brakes, and other performance enhancements.
- GT Premium: Combines GT performance with premium interior features and technology.
- Mach 1: Track-focused model with enhanced aerodynamics, suspension upgrades, and unique styling.
2023 Ford Mustang Specifications
Vehicle Information
| Year | 2023 |
| Make | Ford |
| Model | Mustang |
| Trim | - |
| Style | Coupe |
| Type | Coupe |
| Category | Coupe |
Manufacturing Details
| Made In | United States |
| Manufacturing City | FLAT ROCK |
Dimensions
| Doors | 2-Door |
| Curb Weight | - |
| Gross Vehicle Weight Rating | - |
| Overall Height | - |
| Overall Length | 479.81 cm |
| Overall Width | - |
| Wheelbase Length | 272.03 cm |
| Standard Seating | 4 |
Engine & Performance
| Engine | 2.3-L L-4 DOHC 16V |
| Engine Size | 2.3L |
| Engine Cylinders | 4 |
| Transmission | Automatic |
| Transmission Type | Automatic |
| Transmission Speeds | 6-Speed |
| Drivetrain | Rear-Wheel Drive |
Additional Features
| Anti-Brake System | 4-Wheel ABS |
| Steering Type | Rack & Pinion |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | $38,295 USD |
| Invoice Price | - |
| Delivery Charges | $1,395 USD |
Vehicle History Report
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Analysis
Analysis
What Problems Does the 2023 Ford Mustang Have?
While the 2023 Ford Mustang is generally considered reliable, some frequently reported problems exist. Issues may include infotainment system glitches, particularly with the SYNC system, leading to connectivity problems or screen freezes. Some owners have reported minor electrical issues, such as sensor malfunctions or intermittent lighting problems. Engine-related concerns are less common but can occur, particularly with the V8 models, potentially involving oil consumption or valve train issues.
It's important to check for any recalls related to the 2023 model year, which can be found on the National Highway Traffic Safety Administration (NHTSA) website. Long-term reliability concerns often revolve around the durability of the automatic transmission, especially with high-performance driving. Suspension components, particularly bushings and dampers, may wear out over time, requiring replacement. Regular maintenance, including oil changes and inspections, is crucial to mitigate potential problems and ensure long-term reliability. Staying informed about reported issues and addressing them promptly can help extend the lifespan of the 2023 Mustang.
It's important to check for any recalls related to the 2023 model year, which can be found on the National Highway Traffic Safety Administration (NHTSA) website. Long-term reliability concerns often revolve around the durability of the automatic transmission, especially with high-performance driving. Suspension components, particularly bushings and dampers, may wear out over time, requiring replacement. Regular maintenance, including oil changes and inspections, is crucial to mitigate potential problems and ensure long-term reliability. Staying informed about reported issues and addressing them promptly can help extend the lifespan of the 2023 Mustang.
How long will the 2023 Ford Mustang last?
With consistent maintenance, a 2023 Ford Mustang can easily achieve 150,000-200,000 miles or 10-15 years of service. Proper oil changes, fluid checks, and timely repairs are crucial. Long-term durability depends heavily on driving habits. Mustangs driven hard may experience accelerated wear on the engine, transmission, and suspension. Weaknesses can emerge in the infotainment system and electrical components over time, potentially requiring repairs or replacements. Rust can also be a concern in colder climates with road salt. Regular washing and detailing can help prevent corrosion.
Positive Owner Reviews
John S.
The engine is a beast! Plenty of power and a thrilling ride. However, the interior feels a bit cheap for the price point. The infotainment system is also a bit clunky.
Emily R.
I bought this Mustang for its iconic design. It looks amazing and gets a lot of attention. It's comfortable for daily driving and fun on the weekends.
Sarah M.
You get a lot of performance for the price with the Mustang. It's a great car for anyone looking for a sporty and exciting driving experience without breaking the bank.
Negative Owner Reviews
David L.
While the Mustang is fun to drive, it's not the most practical car. The back seats are small, and the trunk space is limited. I would recommend it more as a second car than a primary vehicle.
Robert P.
The engine sounds great, but the road noise is a bit much, especially on the highway. Might want to invest in some better sound dampening.
Kevin D.
I find the automatic transmission a bit clunky at times. I wish it was smoother in its shifts. Otherwise, a great car.
What Technology & Safety Features are Included?
The 2023 Ford Mustang boasts a range of built-in tech and safety features. The standard SYNC infotainment system includes a touchscreen display, Apple CarPlay, and Android Auto compatibility. Higher trims offer a larger touchscreen and navigation. Entertainment features include premium audio systems from brands like Bang & Olufsen.
Driver-assistance features can include adaptive cruise control, blind-spot monitoring, lane-keeping assist, and automatic emergency braking. Optional features like a digital instrument cluster and performance data recorders are available. Safety features encompass standard airbags, anti-lock brakes, and stability control.
Crash-test ratings from the NHTSA and IIHS should be consulted for specific safety performance data. These ratings provide insights into how well the Mustang performs in various crash scenarios, offering valuable information for potential buyers concerned about safety. Keep in mind these ratings can change, and it's always best to refer to the most up-to-date data from these organizations.
Driver-assistance features can include adaptive cruise control, blind-spot monitoring, lane-keeping assist, and automatic emergency braking. Optional features like a digital instrument cluster and performance data recorders are available. Safety features encompass standard airbags, anti-lock brakes, and stability control.
Crash-test ratings from the NHTSA and IIHS should be consulted for specific safety performance data. These ratings provide insights into how well the Mustang performs in various crash scenarios, offering valuable information for potential buyers concerned about safety. Keep in mind these ratings can change, and it's always best to refer to the most up-to-date data from these organizations.
What Colors Options are Available?
Exterior Colors
Atlas Blue Metallic
Carbonized Gray Metallic
Dark Matter Gray Metallic
Grabber Blue Metallic
Iconic Silver Metallic
Oxford White
Race Red
Rapid Red Metallic Tinted Clearcoat
Shadow Black
Yellow Splash Metallic Tri-Coat
Interior Colors
Black Onyx
Space Gray
Carmine Red
2023 Ford Mustang Prices and Market Value
The 2023 Ford Mustang's new price ranged from approximately $28,000 to over $60,000, depending on the trim and options. Used market prices currently range from the low $20,000s to the high $50,000s. Depreciation is influenced by factors like mileage, condition, trim level, and location. Higher-performance trims and well-maintained examples typically hold their value better. Aftermarket modifications can sometimes decrease resale value, unless they are highly desirable and professionally installed.
2023 Ford Mustang Cost of Ownership
Owning a 2023 Ford Mustang can be moderately costly. Insurance rates can be higher, especially for younger drivers or those with performance trims. Fuel costs vary greatly depending on the engine and driving style. Maintenance is generally reasonable, but repairs, especially for V8 models, can be expensive. Long-term ownership costs include tires, brakes, and potential repairs, making it more expensive than a typical sedan but in line with other sports cars.
2023 Ford Mustang Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
38.23 liters
City Mileage
4.93 km/l
Highway Mileage
3.44 km/l
2023 Ford Mustang Safety Rating
NHTSA
2023 Ford Mustang Recalls & Defects
Power Train:automatic Transmission
Recall date
2023-02-10
Recall no.
23v070000
Source
NHTSA
Summary
Ford Motor Company (Ford) IS Recalling Certain 2022-2023 F-150, Mustang, Explorer, Bronco, and 2023 Lincoln Aviator Vehicles Equipped With Automatic Transmissions. THE Transmission MAY Contain A Loose Bolt Which Could Prevent THE Transmission From Engaging THE Park Gear, Although THE Gear Shifter Position MAY Indicate That THE Vehicle HAS Been Shifted TO "park."
Consequence
THE Inability TO Secure THE Vehicle IN THE Park Position CAN Result IN A Rollaway, Increasing THE Risk OF A Crash or Injury.
Remedy
Dealers Will Inspect And, IF Necessary, Replace THE Transmissions, Free OF Charge. Owner Notification Letters Were Mailed April 25, 2023. Owners MAY Contact Ford Customer Service AT 1-866-436-7332. Ford's Number FOR This Recall IS 23s06.
Notes
Owners MAY Also Contact THE National Highway Traffic Safety Administration Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO Www.nhtsa.gov.
Electrical System:body Control Module/Bcm
Recall date
2023-10-27
Recall no.
23v727000
Source
NHTSA
Summary
Ford Motor Company (Ford) IS Recalling Certain 2020-2023 Mustang Vehicles. THE Brake Fluid Level Sensor MAY NOT Activate THE Visual Warning Indicator When THE Brake Fluid IS Low. AS Such, These Vehicles Fail TO Comply With THE Requirements OF Federal Motor Vehicle Safety Standard Number 135, "light Vehicle Brake Systems."
Consequence
Without A Low Brake Fluid Warning Light, THE Vehicle MAY BE Driven With Low Brake Fluid, Reducing Braking Performance and Increasing THE Risk OF A Crash.
Remedy
Dealers Will Update THE Body Control Module Software, Free OF Charge. Owner Notification Letters Were Mailed December 21, 2023. Owners MAY Contact Ford Customer Service AT 1-866-436-7332. Ford's Number FOR This Recall IS 23c35.
Notes
Owners MAY Also Contact THE National Highway Traffic Safety Administration Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO Www.nhtsa.gov.
Steering:electric Power Assist System
Recall date
2024-06-28
Recall no.
24v493000
Source
NHTSA
Summary
Ford Motor Company (Ford) IS Recalling Certain 2022-2023 Ford Mustang Vehicles. THE Secondary Steering Torque Sensor MAY NOT BE Calibrated Properly, Which CAN Cause THE Steering Wheel TO Turn Side TO Side Against THE Driver's Intentions.
Consequence
A Steering Wheel That Turns Unintentionally CAN Cause A Loss OF Vehicle Control and Increase THE Risk OF A Crash.
Remedy
Dealers Will Update THE Power Steering Control Module (Pscm) Software, Free OF Charge. Owner Notification Letters Were Mailed ON October 11, 2024. Owners MAY Contact Ford Customer Service AT 1-866-436-7332. Ford's Number FOR This Recall IS 24s44.
Notes
Owners MAY Also Contact THE National Highway Traffic Safety Administration Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO Www.nhtsa.gov.
Steering:electric Power Assist System
Recall date
2025-02-14
Recall no.
25v096000
Source
NHTSA
Summary
Ford Motor Company (Ford) IS Recalling Certain 2022-2023 Ford Mustang Vehicles Previously Repaired Incorrectly Under Recall Number 24v-493. THE Secondary Steering Torque Sensor MAY NOT BE Calibrated Properly, Which CAN Cause THE Steering Wheel TO Turn Side TO Side Against THE Driver's Intentions.
Consequence
A Steering Wheel That Turns Unintentionally CAN Cause A Loss OF Vehicle Control and Increase THE Risk OF A Crash.
Remedy
Dealers Will Update THE Power Steering Control Module (Pscm) Software, Free OF Charge. Owner Notification Letters Were Mailed March 25, 2025. Owners MAY Contact Ford Customer Service AT 866-436-7332. Ford's Number FOR This Recall IS 25s11.
Notes
Owners MAY Also Contact THE National Highway Traffic Safety Administration Vehicle Safety Hotline AT 888-327-4236 (Tty 888-275-9171) or GO TO Nhtsa.gov.
2023 Ford Mustang Warranty
Basic
Original warranty
36 months / 36,000 miles
Estimated remaining
12 months / 36,000 miles
Powertrain
Original warranty
60 months / 60,000 miles
Estimated remaining
36 months / 60,000 miles
Rust
Original warranty
60 months / unlimited miles
Estimated remaining
36 months / unlimited miles
2023 Ford Mustang Insurance
Insurance for a 2023 Ford Mustang is moderately priced, reflecting its status as a Coupe with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 2023 Ford Mustang Compare to Other Coupe?
The 2023 Ford Mustang competes with vehicles like the Chevrolet Camaro, Dodge Challenger, and Nissan Z. In terms of performance, the Mustang and Camaro offer similar power and handling, while the Challenger prioritizes straight-line speed and spaciousness. Feature-wise, the Mustang generally offers a more modern infotainment system than the Challenger but may lack some of the Camaro's track-focused features. Reliability is comparable among the three, although individual experiences may vary.
The Nissan Z presents a compelling alternative with its sleek design and impressive performance at a competitive price point. The Toyota GR86/Subaru BRZ twins offer a more affordable and agile driving experience, albeit with less power. Ultimately, the best choice depends on individual priorities. If raw power and heritage are key, the Mustang is a strong contender. If a more refined interior and advanced technology are desired, the Nissan Z might be preferable. For budget-conscious buyers seeking a fun-to-drive experience, the GR86/BRZ are worth considering.
The Nissan Z presents a compelling alternative with its sleek design and impressive performance at a competitive price point. The Toyota GR86/Subaru BRZ twins offer a more affordable and agile driving experience, albeit with less power. Ultimately, the best choice depends on individual priorities. If raw power and heritage are key, the Mustang is a strong contender. If a more refined interior and advanced technology are desired, the Nissan Z might be preferable. For budget-conscious buyers seeking a fun-to-drive experience, the GR86/BRZ are worth considering.
Ranks #7 Sedan
| 1 | 2023 Toyota Camry | (5.0★) |
| 2 | 2023 Honda Accord | (0.0★) |
| 3 | 2023 Lexus ES | (0.0★) |
| 4 | 2024 Subaru Legacy | (5.0★) |
| 5 | 2022 Mazda MX-30 | (4.0★) |
| 6 | 2024 BMW M3 | (0.0★) |
| 7 | 2023 Ford Mustang | (5.0★) |
| 8 | 2023 Mercedes-Benz AMG GT | (0.0★) |
| 9 | 2023 Audi A3 | (0.0★) |
| 10 | 2023 Chevrolet Camaro | (5.0★) |
| 11 | 2023 Hyundai Elantra Hybrid | (0.0★) |
| 12 | 2023 Nissan Altima | (4.0★) |
Final Verdict: Is the 2023 Ford Mustang a Good Coupe?
The 2023 Ford Mustang is ideal for driving enthusiasts who appreciate classic American muscle car styling and potent performance. It's worth buying if you prioritize a fun driving experience and iconic design. Consider buying used to save money on depreciation, but thoroughly inspect the vehicle's history and condition. Specific trims like the GT offer the best balance of performance and value. EcoBoost models are a good choice for those prioritizing fuel economy. If you need a practical family car, other options would be more suitable.
John S. on March 18, 2025
Great Performance, Questionable InteriorThe engine is a beast! Plenty of power and a thrilling ride. However, the interior feels a bit cheap for the price point. The infotainment system is also a bit clunky.
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Emily R. on March 18, 2025
Love the Classic Styling!I bought this Mustang for its iconic design. It looks amazing and gets a lot of attention. It's comfortable for daily driving and fun on the weekends.
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David L. on March 18, 2025
Not as practical as I hopedWhile the Mustang is fun to drive, it's not the most practical car. The back seats are small, and the trunk space is limited. I would recommend it more as a second car than a primary vehicle.
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Sarah M. on March 18, 2025
Excellent Value for the MoneyYou get a lot of performance for the price with the Mustang. It's a great car for anyone looking for a sporty and exciting driving experience without breaking the bank.
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Michael B. on March 18, 2025
Gas Mileage Could Be BetterThe only real downside is the gas mileage. It's not terrible, but it's definitely not great. Be prepared to visit the gas station frequently if you drive it hard.
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Jessica K. on March 18, 2025
Fun to Drive!The Mustang is an awesome car. Plenty of power, great handling and looks great. Perfect for weekend cruising!
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Robert P. on March 18, 2025
Road noise excessiveThe engine sounds great, but the road noise is a bit much, especially on the highway. Might want to invest in some better sound dampening.
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Laura H. on March 18, 2025
Happy with my purchaseOverall I am happy with my purchase of the 2023 Mustang. I got exactly what I was looking for at a good price.
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Kevin D. on March 18, 2025
Transmission could be smootherI find the automatic transmission a bit clunky at times. I wish it was smoother in its shifts. Otherwise, a great car.
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Amanda W. on March 18, 2025
Infotainment system is datedThe infotainment system feels outdated. It works, but it's not as intuitive or responsive as other systems I've used. Apple CarPlay and Android Auto are must-haves.
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Eugene S
Eugene is an automotive enthusiast with over 15 years of experience in the used car market. As a writer at VINCheck.info, he brings deep industry insight and a passion for cars, helping readers make smart, informed decisions. Eugene has written hundreds of used car reviews and is known for breaking down complex automotive topics into clear, actionable advice. Over the years, he has driven and worked on a wide range of vehicles—starting with tuning street cars in his early days and eventually focusing on performance upgrades and reliability improvements. Today, he specializes in evaluating used vehicles through the lens of real-world ownership and enthusiast needs. A longtime fan of Porsche, Eugene especially appreciates vehicles that blend durability with driving enjoyment.