Ford Mustang Markup by State
Average dealer markup over MSRP on the Mustang in every state, ranked cheapest first across 9,953 active listings. Updated daily.
Active listings
9,953
National avg markup
-$1,867
Cheapest state
Maryland
% below MSRP
100%
Every state, cheapest first
| Rank | State | Listings | Avg markup | Median price | % below MSRP | |
|---|---|---|---|---|---|---|
| 1 | Maryland | 176 | -$2,080 | $35,650 | 100% | View → |
| 2 | Texas | 1,629 | -$2,041 | $37,115 | 100% | View → |
| 3 | Arkansas | 111 | -$2,041 | $42,380 | 100% | View → |
| 4 | California | 888 | -$2,021 | $40,200 | 100% | View → |
| 5 | Nevada | 121 | -$1,979 | $41,880 | 100% | View → |
| 6 | Louisiana | 160 | -$1,975 | $40,045 | 100% | View → |
| 7 | Kentucky | 95 | -$1,963 | $41,920 | 100% | View → |
| 8 | New Jersey | 157 | -$1,952 | $42,455 | 100% | View → |
| 9 | Oklahoma | 168 | -$1,949 | $39,190 | 100% | View → |
| 10 | Arizona | 295 | -$1,944 | $39,490 | 100% | View → |
| 11 | Tennessee | 264 | -$1,936 | $40,345 | 100% | View → |
| 12 | Hawaii | 20 | -$1,925 | $41,660 | 100% | View → |
| 13 | Alabama | 261 | -$1,895 | $37,945 | 100% | View → |
| 14 | Idaho | 42 | -$1,893 | $41,500 | 100% | View → |
| 15 | Virginia | 494 | -$1,890 | $40,185 | 100% | View → |
| 16 | Michigan | 139 | -$1,867 | $44,565 | 100% | View → |
| 17 | Connecticut | 50 | -$1,860 | $47,600 | 100% | View → |
| 18 | Maine | 32 | -$1,859 | $47,635 | 100% | View → |
| 19 | Colorado | 96 | -$1,839 | $43,170 | 100% | View → |
| 20 | Oregon | 67 | -$1,836 | $42,925 | 100% | View → |
| 21 | Georgia | 439 | -$1,819 | $42,000 | 100% | View → |
| 22 | New Hampshire | 43 | -$1,814 | $47,190 | 100% | View → |
| 23 | West Virginia | 55 | -$1,800 | $45,160 | 100% | View → |
| 24 | New York | 222 | -$1,797 | $44,388 | 100% | View → |
| 25 | South Carolina | 214 | -$1,794 | $40,698 | 100% | View → |
| 26 | Massachusetts | 77 | -$1,786 | $44,765 | 100% | View → |
| 27 | North Carolina | 477 | -$1,775 | $42,695 | 100% | View → |
| 28 | Nebraska | 31 | -$1,774 | $44,105 | 100% | View → |
| 29 | Florida | 1,453 | -$1,765 | $39,995 | 100% | View → |
| 30 | Kansas | 52 | -$1,760 | $42,638 | 100% | View → |
| 31 | Ohio | 260 | -$1,752 | $46,578 | 100% | View → |
| 32 | Delaware | 29 | -$1,741 | $42,630 | 100% | View → |
| 33 | Missouri | 137 | -$1,726 | $42,920 | 100% | View → |
| 34 | Rhode Island | 12 | -$1,708 | $45,048 | 100% | View → |
| 35 | Pennsylvania | 233 | -$1,708 | $43,500 | 100% | View → |
| 36 | Illinois | 210 | -$1,679 | $44,493 | 100% | View → |
| 37 | New Mexico | 111 | -$1,676 | $43,760 | 100% | View → |
| 38 | Montana | 22 | -$1,659 | $41,908 | 100% | View → |
| 39 | Indiana | 135 | -$1,656 | $43,745 | 100% | View → |
| 40 | Mississippi | 84 | -$1,619 | $44,013 | 100% | View → |
| 41 | Washington | 123 | -$1,602 | $43,735 | 100% | View → |
| 42 | Iowa | 58 | -$1,560 | $47,303 | 100% | View → |
| 43 | Wisconsin | 71 | -$1,535 | $50,630 | 100% | View → |
| 44 | South Dakota | 8 | -$1,500 | $51,055 | 100% | View → |
| 45 | Utah | 44 | -$1,477 | $53,533 | 100% | View → |
| 46 | Wyoming | 13 | -$1,462 | $56,675 | 100% | View → |
| 47 | Minnesota | 52 | -$1,433 | $49,905 | 100% | View → |
| 48 | North Dakota | 12 | -$1,417 | $55,805 | 100% | View → |
| 49 | Vermont | 9 | -$1,278 | $58,375 | 100% | View → |
The short version
Dealer markup on the Mustang varies a lot by state. Right now the cheapest state to buy is Maryland, where the average listing runs -$2,080 versus MSRP — compared with a national average of -$1,867. States shown in green beat the national average.
Markup is the advertised price minus total MSRP (sticker plus dealer add-ons); negative means the car is advertised below sticker. Advertised prices may not include all dealer fees — always confirm the out-the-door price with the dealer. Updated daily from live dealer inventory.
See also: Mustang market overview · cheapest Mustang listings · dealer markups explained