2024 Ford Mustang: 5-Year Total Cost of Ownership
Quick Answer
The 2024 Ford Mustang costs $49,744 to own over 5 years, or $829/month. The biggest expenses are depreciation ($15,607) and insurance ($14,820).
✓ Updated March 2026✓ Based on state insurance filings
5-Year Total Cost of Ownership
$49,744
$829/month • $1/mile
Cost Breakdown
Depreciation$15,607 (31%)
Insurance$14,820 (30%)
Fuel/Energy$10,500 (21%)
Maintenance$2,980 (6%)
Financing$5,477 (11%)
Registration$360 (1%)
Year-by-Year Costs
| Year | Depreciation | Insurance | Fuel | Maintenance | Total |
|---|---|---|---|---|---|
| Year 1 | $5,853 | $2,964 | $2,100 | $596 | $11,513 |
| Year 2 | $2,439 | $2,964 | $2,100 | $596 | $8,099 |
| Year 3 | $2,439 | $2,964 | $2,100 | $596 | $8,099 |
| Year 4 | $2,439 | $2,964 | $2,100 | $596 | $8,099 |
| Year 5 | $2,439 | $2,964 | $2,100 | $596 | $8,099 |
Key Facts
1-Year Depreciation
18% ($5,853)
5-Year Depreciation
48% ($15,607)
Annual Repair Cost
$788
Annual Maintenance
$596
These are estimates based on state averages. Your exact rate depends on your specific profile.
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