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What is a 2006 Mustang worth?


The 2006 Ford Mustang is a classic example of American muscle, combining style, performance, and a rich heritage. As we delve into its current market value, several factors come into play, including condition, mileage, and modifications. This article will provide a comprehensive overview of what you can expect when evaluating the worth of a 2006 Mustang today.


Factors Influencing the Value


When determining the value of a 2006 Mustang, consider the following key factors:



  • Condition: The overall condition of the vehicle plays a significant role. A well-maintained Mustang with minimal wear and tear will fetch a higher price than one that has been neglected.

  • Mileage: Lower mileage typically increases a car's value. A Mustang with under 100,000 miles is generally more desirable.

  • Trim Level: The specific model and trim level (e.g., V6, GT, or Shelby) can greatly affect value. Performance models like the GT or Shelby are usually worth more.

  • Modifications: Aftermarket modifications can either enhance or detract from a Mustang's value, depending on their quality and appeal to potential buyers.

  • Market Demand: The current demand for classic cars, particularly Mustangs, can fluctuate, impacting prices.


Current Market Value


As of 2025, the value of a 2006 Ford Mustang can vary widely based on the factors mentioned above. Here’s a general breakdown:



  • Excellent Condition: $15,000 - $25,000

  • Good Condition: $10,000 - $15,000

  • Fair Condition: $5,000 - $10,000

  • Poor Condition: $2,000 - $5,000


These values are estimates and can vary based on location and specific market conditions. It's advisable to check local listings and consult with automotive experts for a more accurate assessment.


Conclusion


The 2006 Ford Mustang remains a sought-after vehicle among enthusiasts and collectors alike. Whether you're looking to buy or sell, understanding the factors that influence its value will help you make informed decisions. Always consider getting a professional appraisal for the most accurate valuation.


Frequently Asked Questions

Do Mustangs hold their value?


Whether you're buying new or old, it's important to know just how much something you're investing thousands of dollars into will depreciate over the course of ownership. The Mustang holds its value relatively well and is among the best choices if you're looking for an affordable performance car.



What year is the most collectible Mustang?


Old Mustangs That Will Become Collectible

  • 1982-1993 Ford Mustang SSP.
  • 1984-1986 Ford Mustang SVO.
  • 1984 Ford Mustang GT350 Turbo.
  • 1990 Ford Mustang 7-Up Convertible.
  • 1994-1995 Ford Mustang Cobra.
  • 1995 Ford Mustang GTS.
  • 2001 Ford Mustang Bullitt.
  • 2003-2004 Ford Mustang Cobra SVT.



Should I buy a 2006 Mustang?


Among the 1888 owners who provided feedback on the 2006 Ford Mustang for Kelley Blue Book, consumer sentiment is overwhelmingly positive, with 95% recommending the vehicle.



What is high mileage for a Mustang?


We discussed the general mileage a Ford Mustang can get, which lands at around 200,000 miles. Considering this number, anything above 150,000 miles is considered high mileage for this vehicle. Once the car hits this number, there's a higher chance it will need repairs and the value will make a decent drop.



How much is a 2006 Mustang worth today?


A 2006 Ford Mustang Coupe 2D has depreciated $2,305 or 37% in the last 3 years and has a current resale value of $3,868 and trade-in value of $2,317.



Is 2006 a good year for a Ford Mustang?


The 2006 Ford Mustang lasts up to 200,000 miles, but there are engine and transmission problems. At $5,900 – $9,375 it's cheap, but there are better years in the same price range. Performance is great from the V8 engine, the SYNC stereo system works well and the infotainment is easy to use.



What year Mustang to stay away from?


FAQs: Ford Mustang Years to Avoid
We advise keeping away from the 2006, 2010, 2011, 2012, 2015, and 2016 selections.



What is the resale value of a Mustang?


A 2021 Ford Mustang has depreciated $10,384 or 34% in the last 3 years and has a current resale value of $19,910 and trade-in value of $18,391. A 2021 Ford Mustang has depreciated $10,384 or 34% in the last 3 years and has a current resale value of $19,910 and trade-in value of $18,391.



How much should I pay for a used Mustang?


Ford Mustang Listings by Year

VehiclePrice FromExcellent Price
2021 Ford Mustang$15,50095 listings
2020 Ford Mustang$9,925139 listings
2019 Ford Mustang$13,999114 listings
2018 Ford Mustang$10,99480 listings



What is the best year of Mustang?


Some of the most reliable Ford Mustang models appear in the 5th generation, spanning from 2005 to 2014. This generation is widely regarded as one of the most reliable for Ford Mustangs. It provides several engine choices, including the well-liked 4.0L V6 and 4.6L V8 models.


Kevin's Auto

Kevin Bennett

Company Owner

Kevin Bennet is the founder and owner of Kevin's Autos, a leading automotive service provider in Australia. With a deep commitment to customer satisfaction and years of industry expertise, Kevin uses his blog to answer the most common questions posed by his customers. From maintenance tips to troubleshooting advice, Kevin's articles are designed to empower drivers with the knowledge they need to keep their vehicles running smoothly and safely.