AutoSpend
SearchCompareTop carsChartsHow this works
AutoSpend
SearchCompareTop carsChartsHow this works
← Search

2023 Ford Mustang Convertible

2023 · Subcompact · gasoline

Add to compare
20232022202120202019201820172016201520142013201220112010200820072006200520042003200220012000
Fuel efficiency
B

Top 38% of 2023 gas cars

10.4 L/100 km · about $2,985 a year

ABCDF

Among 2023 subcompact cars, all types#36 of 61

Against every car on sale today, EVs includedD

20,000 km a year at $1.44/L regular gasoline.

Change km or fuel price
Insurance
F

Costs more to insure than 88% of 2023 cars

From what insurers paid out on the 2021 model

ABCDF

Compares cars, not drivers. Not a quote.

Insurance estimates for
Crash rating
—
not tested
Insurance claims
227
127% above average · 2021 data
Theft risk
—
not enough data
Awards
0
none this year

Why insurance costs what it does

IBC hasn't published claims for the 2023 yet, so this uses what insurers paid out on the 2021 model, compared with a typical car. Bars to the right mean higher claims, which push the price up.

  • Crash repairsCollision274% above
  • Theft, vandalism and hailComprehensive79% above
  • Damage from other driversDCPDno data
  • Injury payoutsAccident benefits29% above
  • How often it's stolenTheft frequencyno data
How the grade is worked out

We estimate what a typical driver with full coverage would pay for this model in Ontario, then rank it against every other 2023 model. The car-specific part of the premium follows what insurers have paid out on this model (the bars above). A is cheaper to insure than at least 80% of them. It compares cars, not drivers: your own quote depends mostly on your age, record and address.

Sources: Alberta AIRB, FSRA, GAA, Facility Association and IBC How Cars Measure Up. How this works

Safety

NHTSA hasn't published crash-test stars for this model year.

Driver assist

  • Automatic emergency braking: standard
  • Forward collision warning: standard
  • Lane departure warning: standard
  • Blind-spot warning: standard
About these ratings

Stars measure how well the cabin protects people in a lab crash, not how often the car crashes. They're for the U.S. version (C, RWD) of the same model year, usually the same car as in Canada. IIHS awards can depend on headlights or trim. How this works

Fuel and emissions

  • City11.9 L
  • Highway8.6 L
  • CO₂244 g/km
  • Smog rating5/10

Litres per 100 km. Rated as gasoline, 489 of 913 for efficiency in 2023.

All NRCan figures
NRCan model name
Mustang Convertible
Powertrain (file)
ice
Vehicle class
Subcompact
Engine
2.3 L
Cylinders
4
Transmission
AS10
Fuel type
Regular
City
11.9 L/100 km
Highway
8.6 L/100 km
Combined
10.4 L/100 km
Combined (mpg)
27
Energy use (ranking scale)
10.4 L/100 km eq.
CO₂
244 g/km
CO₂ rating
5/10
Smog rating
5/10
NRCan trims averaged
4
Efficiency rank this year
489 of 913 (beats 46%)
Class rank this year
36 of 61 · Subcompact
Vs latest NRCan year
517 of 794 in 2026
Class vs latest year
23 of 40

Lab ratings from Natural Resources Canada; real-world use, especially in winter, is usually higher. How this works

IBC How Cars Measure Up, NRCan Fuel Consumption Guide, and NHTSA. Not a quote. How this works

Built by Vittorio Shiffman