2016 Ford Mustang 5.0 V8 GT

Overview

• Make: Ford
• Model: Mustang
• Trim: GT
• Version: 5.0 V8 GT Manual RWD Euro 6 2dr (416 bhp)
• Year: 2016
• Mileage: 33,000 miles
• Fuel: Petrol
• Body: Convertible, 2 doors, 4 seats
• Engine: 5.0 litres, 416 bhp
• Gearbox: Manual
• Drive: Rear-wheel drive
• Colour: Yellow
• CO2: 306 g/km
• Emissions standard: Euro 6, ULEZ compliant

About this car

This 2016 Ford Mustang GT has covered 33,000 miles, around 9,700 fewer miles than is typical for its age. The AskCar estimate for this car is £28,208. It is priced at £27,950, which is £258 below that estimate. The AskCar estimate uses 274 UK dealer adverts for the Ford Mustang, with adjustments for age, mileage, trim, engine and other specifications. We first saw this car advertised 68 days ago. Its asking price has since fallen by £545. The government's MOT record matches its advertised mileage. You can find this car at Smiths Sports and Performance in Melton Mowbray. How to contact the dealer and its opening hours are on this AskCar page.

Stock data as of 4 November 2026.

How we estimate prices and check cars

Price

Fair price: £258 (under 1%) under the AskCar estimate of £28,208.

The AskCar estimate is our expected asking price for this car. It uses UK dealer asking prices, accounting for make, model, trim, version, age, mileage, fuel, gearbox, body type, driven wheels, engine size and power. It is an advertised price, not a confirmed sale price.

It draws on 274 priced Ford Mustang adverts across different ages and specifications, as of 4 November 2026.

A 2016 Ford Mustang with the 5.0 petrol engine is typically advertised at £28,000: the median of the 47 for sale on AskCar, as of 4 November 2026.

Time on sale

This 2016 Ford Mustang has been on sale for at least 68 days.

Price history

AskCar first saw this advert on 28 August 2026 at £28,495. Its asking price is now £27,950, £545 less. The latest price cut was seen on 18 September 2026.

Price changes recorded:

• 28 August 2026: £28,495
• 18 September 2026: £27,950

Mileage and MOT

MOT, from the government's MOT records (DVSA, the Driver and Vehicle Standards Agency), as of 4 November 2026: valid until 24 June 2027.

It has had 10 MOTs. The latest, on 24 June 2026, passed.

There were no advisories at the latest test.

Mileage at that test: 32,093 miles, which matches the advertised 33,000 miles.

Advertised mileage is about 9,700 miles lower than the median mileage of a 2016 Ford Mustang on AskCar.

Similar cars

3 other 2016 Ford Mustang GT 5.0 petrol manual convertibles are for sale at UK dealers, from £26,990 to £28,995, as of 4 November 2026.

The 3 closest to this car in mileage:

• 2016 Ford Mustang GT, 5.0 petrol convertible, red. Mileage: 30,000 miles. Price: £28,995, £1,045 more than this car. Dealer: Bradbury's Sports and Prestige in Huddersfield. AskCar page: https://askcar.co.uk/car/ford-mustang-2016-e4d1ad30c4c4
• 2016 Ford Mustang GT, 5.0 petrol convertible, yellow. Mileage: 27,800 miles. Price: £26,990, £960 less than this car. Dealer: Sherwood Garage in Glasgow. AskCar page: https://askcar.co.uk/car/ford-mustang-2016-003d716e9c7d
• 2016 Ford Mustang GT, 5.0 petrol convertible, black. Mileage: 47,800 miles. Price: £28,495, £545 more than this car. Dealer: Bradbury's Sports and Prestige in Huddersfield. AskCar page: https://askcar.co.uk/car/ford-mustang-2016-6c6bd2b87e55