Ford Authority

Ford Mustang Discount Offers Up To $1,000 Off In May 2023

During May 2023, there are a variety of Ford Mustang discount offers available depending on market, including low-interest financing and $1,000 in Bonus Cash, or a Ford Red Carpet Lease offer.

It’s important to note that any discount offers available this month are only applicable toward the 2023 model year Mustang, and exclude any remaining 2022 model year pony cars, as well as the forthcoming all-new 2024 Ford Mustang. Additionally, offers continue to exclude the range-topping Mustang Mach 1.

2022 Ford Mustang

Ford Mustang Discount Offers

Ford Mustang discount and incentive offers vary by region in May 2023, and as previously mentioned, the discounts vary depending on region. Below, we have compiled the deals available in four large U.S. markets for the 2023 Mustang:

  • New York: no offers currently listed
  • Detroit: no offers currently listed
  • Miami: 3.9 percent APR financing for 60 months
    • Requires Ford Credit financing
  • Los Angeles: 
    • Ford Credit Red Carpet Lease offer
      • $479 per month for 36 months
      • $3,379 due at signing
      • Security Deposit waived
      • Applies to Ford Mustang EcoBoost
      • Must take delivery by July 5th, 2023
    • Retail offer:
      • 3.9 percent APR financing for 60 months + $1,000 Bonus Cash
      • Requires Ford Credit Financing

The above offers will remain valid through July 5th, 2023.

As a reminder, the preceding list does not represent all offers that may be available, so as always, we recommend checking with an authorized Ford dealer in your area to find out what discounts and incentives are available to you.

Ford Mustang Pricing

For reference, here are the applicable Ford Mustang trim levels and their corresponding starting MSRPs, including destination charge:

2023 Mustang Coupe

  • EcoBoost Fastback – $29,790
  • EcoBoost Premium Fastback – $34,815
  • GT Fastback – $39,720
  • GT Premium Fastback – $44,740

2023 Mustang Convertible

  • EcoBoost Convertible – $34,645
  • EcoBoost Premium Convertible – $39,670
  • GT Premium Convertible – $50,240

The 2023 model year marks the final for the Mustang’s sixth generation. The Mustang Shelby GT500 has been discontinued for the 2023 model year, although the high-performance variant is expected to return for the pony car’s seventh generation for the 2026 model year, as previously reported by Ford Authority. As such, Ford Mustang discount offers may be rare throughout the rest of the 2023 calendar year.


  • Must take delivery from an authorized Ford dealer’s stock by July 5th, 2023, unless specified otherwise.
  • See dealer for details.
  • Incentive for the United States of America, unless otherwise specified.
  • Some customers may not qualify for these Ford Mustang discount offers.
  • Residency restrictions apply.
  • Ford discount offers might not be available with special finance, lease, and some other offers.

We strive to provide accurate and up-to-date information about the vehicles and their incentives in question, but errors and misprints can happen. In addition, the manufacturer can change incentive information at any time and without notice. Always consult with your dealer regarding color availability information before making purchase decisions. Ford Authority will not be held responsible for any misprints, typos or any other errors.

Alexandra is a Colorado-based journalist with a passion for all things involving horsepower, be it automotive or equestrian.

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