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What is a 2006 Mustang worth?

A 2006 Ford Mustang can be worth anywhere from $5,000 to $20,000 or more, depending on the specific model, condition, mileage, and other factors. The value of a 2006 Mustang can vary significantly based on its features, maintenance history, and the current market demand for that particular vehicle.


Factors Affecting the Value of a 2006 Mustang


The value of a 2006 Ford Mustang is influenced by several key factors:



  • Model and Trim Level: The base V6 Mustang models tend to be worth less than the more powerful V8 GT models. Special editions or high-performance variants like the Shelby GT500 can command significantly higher prices.

  • Condition: The overall condition of the vehicle, including the exterior, interior, and mechanical components, plays a major role in determining its value. Well-maintained Mustangs in excellent condition will be worth more than those with significant wear and tear.

  • Mileage: Lower-mileage Mustangs, typically those with under 100,000 miles, will generally be worth more than high-mileage vehicles.

  • Options and Upgrades: Mustangs equipped with desirable options, such as premium audio systems, leather upholstery, or performance packages, may be worth more than base models.

  • Market Demand: The current demand for 2006 Mustangs in the used car market can also affect their value. Factors like the overall economy, consumer preferences, and the availability of similar vehicles can all influence the market price.


By considering these factors, you can get a better idea of the range of values for a 2006 Ford Mustang in your local market.


Researching the Value of a 2006 Mustang


To determine the specific value of a 2006 Mustang, you can use online resources like Kelley Blue Book, Edmunds, or NADA Guides. These websites allow you to input the details of the vehicle, such as the model, mileage, and condition, and provide an estimated range of values based on current market data.


Additionally, you can check recent sales of similar 2006 Mustangs in your area to get a better sense of the actual prices being paid in the local market. This can help you negotiate a fair price when buying or selling a 2006 Mustang.

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 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.



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 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.



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.



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.



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.



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.



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.


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.