2023 Ford Mustang — Full Specifications

Reviewed by the 247VehicleCheck Data Team — automotive data reviewers

As an Amazon Associate and CJ Affiliate and AWIN publisher we earn from qualifying purchases. Links below are affiliate links.

30Best Combined MPG (UK)
2.3L 4-cyl turboMost Efficient Engine
Regular GasolineFuel Type
$2,700Est. Annual Fuel (US EPA)
5★NHTSA Safety
217CO₂ g/km

The 2023 Ford Mustang is a coupe offered with 2 engines (2.3L 4-cyl turbo, 5L 8-cyl). Its most fuel-efficient configuration returns around 30 mpg (UK) / 25 mpg (US EPA) combined, with 22–30 mpg (UK) across all configurations. Owners often keep a Ford Mustang workshop manual to hand for servicing and repairs.

Related 2023 listings: Ford Mustang Convertible, Ford Mustang Mach-E.

Compared with the 2022 Ford Mustang: Fuel economy is essentially unchanged at around 30 mpg (UK) combined. No longer listed: 5.2L 8-cyl supercharged. It holds a 5★ overall NHTSA rating (none is on record for the 2022 model).

Full Specifications

Engine (most efficient)2.3L 4-cyl turbo
Engine options2.3L 4-cyl turbo · 5L 8-cyl
Transmission (most efficient)Automatic 10-spd
Fuel TypeRegular Gasoline
PowertrainConventional
DriveRear-Wheel Drive
Body StyleCoupe
Passenger Volume (EPA)83 cu ft (2,350 L)
Luggage Volume (EPA)13 cu ft (368 L)
Fuel Economy (UK)30 combined / 26 urban / 38 extra-urban mpg
Fuel Economy (US EPA)25 combined / 22 city / 32 highway mpg
CO₂ Emissions217 g/km
EPA Greenhouse Gas Score5 / 10 (10 = lowest emissions)
EPA Est. Annual Fuel Cost$2,700 (15,000 mi/yr, US prices)

Engine & Transmission Options

EPA lists 5 configurations for the 2023 Ford Mustang across 2 engines (2.3L 4-cyl turbo, 5L 8-cyl). Combined fuel economy ranges from 18 to 25 mpg (US), or 22 to 30 mpg (UK), depending on engine, transmission and drive. The headline figures at the top of this page describe the most fuel-efficient configuration.

EngineTransmissionDriveMPG (UK)MPG (US)CO₂ g/kmFuel cost / yr
2.3L 4-cyl turboAutomatic (S10)Rear-Wheel Drive 28 23 (20/27) 240$2,900
2.3L 4-cyl turboAutomatic 10-spdRear-Wheel Drive 30 25 (22/32) 217$2,700
2.3L 4-cyl turboManual 6-spdRear-Wheel Drive 29 24 (21/29) 231$2,800
5L 8-cylAutomatic (S10)Rear-Wheel Drive 22 18 (15/23) 306$3,700
5L 8-cylManual 6-spdRear-Wheel Drive 22 18 (15/24) 309$3,700

MPG (US) shows combined, with city/highway in brackets. Highlighted row = the configuration used for the headline figures. Source: US EPA fueleconomy.gov.

EPA measures interior passenger volume at 83 cubic feet (about 2,350 litres) and luggage volume at 13 cubic feet (about 368 litres). These are US EPA interior-volume figures; they are measured differently from the boot capacity numbers UK manufacturers quote.

Owner Essentials for the 2023 Ford Mustang

EONON Upgrade the stereo — Android head units and CarPlay systems built for this kind of car Shop Eonon Car Stereos → REXING Protect yourself on the road — Rexing dash cams have 10,000+ reviews and an 18-month warranty Shop Rexing Dash Cams → Amazon Ford Mustang Oil Filter Check Price →

Running Costs: 2023 Ford Mustang

Covering around 8,000 miles a year in a 2023 Ford Mustang at 30 mpg combined, expect roughly 1,212 litres of fuel annually — multiply by your local price per litre for a cost estimate. For US owners, the EPA estimates about $2,700 a year in fuel for the most efficient configuration (15,000 miles, national average prices). Work out exact fuel costs with the fuel cost calculator on 247Calculators.

Convert between MPG and L/100km with the unit converters on 247QuickTools. Not sure what tyre size fits? 247TyreCheck explains tyre sizing.

Only need this car occasionally? See our buy vs rent comparison.

2023 Ford Mustang Safety Ratings (NHTSA)

5★Overall
5★Frontal
5★Side
5★Rollover

Recalls & Owner Complaints (NHTSA)

NHTSA lists no safety recall campaigns for the 2023 Ford Mustang as of 6 October 2026. Recalls can be issued years after a model is sold, so it is still worth checking your own VIN.

Owners have filed 138 complaints with NHTSA about the 2023 Ford Mustang. The most-reported areas are Electrical system (56), Unspecified (29), Forward collision avoidance (27). Complaints include 15 reported crashes, 1 reported fire, 5 reported injuries. That is well below the median of 261 complaints across the 17 Ford Mustang model years in our data.

Used-buyer checklist for the 2023 Ford Mustang

Based on where NHTSA recalls and owner complaints cluster for this model year, these are the areas worth checking before you buy:

Source: US NHTSA recall and consumer-complaint databases, retrieved 6 October 2026. Complaints are unverified owner reports, not confirmed defects. Check any vehicle by VIN at nhtsa.gov/recalls, and see our guide to checking a used car for recalls.

How It Compares

How does the Ford Mustang compare to similar coupes? For context, coupes in our database average around 25 mpg (UK) combined — this model's 30 mpg figure is 5 mpg better than that average. Its 217 g/km CO₂ figure is 61 g/km lower than the 278 g/km average for coupes on this site. This comparison is based on 1072 coupes in our dataset.

Ford models in our database average about 28 mpg (UK) combined on their most efficient configuration; the 2023 Ford Mustang's 30 mpg is 2 mpg above that make average. Its 217 g/km CO₂ figure is 38 g/km lower than the 255 g/km Ford average.

Of the 17 Ford Mustang model years we cover, the 2023 ranks 4th for combined fuel economy on its best configuration (30 mpg UK combined, against a high of 31 mpg). See every Ford Mustang year side by side.

Last updated: · Data: US EPA (fueleconomy.gov) and NHTSA safety ratings 18 July 2026; NHTSA recalls and complaints 6 October 2026; Wikidata & curated EU catalogue 18 July 2026; European generation and engine data from Wikipedia 7 October 2026

Vehicle data sourced from manufacturer specifications. Always verify with your vehicle handbook or a qualified mechanic. This is a reference tool, not professional advice.

Recommended Accessories for the 2023 Ford Mustang

CARLA Thinking of trying one before you buy? Rent it first — book now, pay later Rent a Car with Carla → LAWDEPOT Selling or leasing this car? Get a legally sound Bill of Sale or lease agreement in minutes Create a Document with LawDepot →

Frequently Asked Questions

What engine does the 2023 Ford Mustang have?

EPA lists 2 engines for the 2023 Ford Mustang: 2.3L 4-cyl turbo, 5L 8-cyl. The most fuel-efficient configuration pairs the 2.3L 4-cyl turbo with a automatic 10-spd.

What is the fuel economy of the 2023 Ford Mustang?

The most efficient configuration returns around 30 mpg (UK) combined, or 25 mpg on the US EPA cycle. Across all configurations the UK combined figure runs from 22 to 30 mpg.

How much does the 2023 Ford Mustang cost to fuel per year?

The US EPA estimates about $2,700 a year in fuel for the most efficient configuration, based on 15,000 miles of mixed driving and national average fuel prices. Your own cost will depend on mileage and local prices.

Does the 2023 Ford Mustang have a good safety rating?

It holds an overall NHTSA rating of 5 stars, with 5 stars for frontal crash protection.

Does the 2023 Ford Mustang have any recalls?

NHTSA lists no safety recall campaigns for the 2023 Ford Mustang as of 6 October 2026. Recalls can be issued years after a model is sold, so it is still worth checking your own VIN.

What are the most common problems reported for the 2023 Ford Mustang?

Among the 138 owner complaints filed with NHTSA, the most-reported areas are Electrical system (56 complaints), Unspecified (29 complaints), Forward collision avoidance (27 complaints). Complaints are unverified owner reports, not confirmed defects, and raw counts rise with how many cars were sold.

How much interior and luggage space does the 2023 Ford Mustang have?

EPA measures interior passenger volume at 83 cubic feet (about 2,350 litres) and luggage volume at 13 cubic feet (about 368 litres). These are US EPA interior-volume figures, which are measured differently from the UK boot-capacity numbers manufacturers quote.

Is the Ford Mustang's fuel economy good for a coupe?

Yes — it returns around 30 mpg (UK) combined, against a same-body-style average of roughly 25 mpg among the coupes we track, making it one of the more efficient options in its class.

Similar 2023 Coupe to Compare