By Colin Ryan
Updated January 30, 2025
It rides a little higher than a regular car and some variants come with all-wheel drive. Yet it also has a sloped roof, so it’s not quite as practical as a regular SUV. Whatever it is, though, the 2023 Mustang Mach-E is an excellent electric vehicle, or EV.
Maximum range is 312 miles, achieved by the California Route 1 version, which is close to the Tesla Model Y’s range. That’s the distance covered when starting out with a full battery and running down to almost empty.
Ford makes a couple of seriously sporty variants as well, making use of another electric benefit — accessible power. Every version of the 2023 Mustang Mach-E has something going for it, however.
We named last year’s model a KBB Best Buy for its class. So yes, we’re fans.
Just to clarify one thing — this isn’t an electric version of the famed Mustang. It doesn’t really share anything with that sports car except for the name, similar taillights, and a couple of horsey badges.
2023 Ford Mustang MACH-E pricing starts at $25,517 for the Mustang MACH-E Select Sport Utility 4D, which had a starting MSRP of $43,795 when new. The range-topping 2023 Mustang MACH-E GT Sport Utility 4D starts at $36,729 today, originally priced from $56,295.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$43,795 | $25,517 | |||
$46,795 | $29,632 | |||
$52,795 | $32,406 | |||
$56,295 | $36,729 |
The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2023 Ford Mustang MACH-E models in typical condition when purchasing from a dealership. These prices are updated weekly.
Standstill to 60 mph in just 3.5 seconds is wonderfully fast and thrilling. That’s the driver appeal of electric drivetrains, the delivery of maximum torque as if flicking a switch. This brisk time is achieved by the GT Performance Edition, made possible by its considerable 634 lb-ft of torque.
Not that the regular GT is slow. It’s only 34 lb-ft shy and slower by just 0.3 of a second. The slowest 2023 Mustang Mach-E electric SUV is the Premium with rear-wheel drive and the extended-range battery. Even then, 6.1 seconds isn’t bad, and it’s in keeping with the Premium trim’s more luxurious character anyway.
The battery pack is mounted under the floor, creating a raised ride height while still contributing to a low center of gravity. The Mustang Mach-E feels nice and stable, although still comfortable. The GT Performance Edition does come with an adaptive suspension, though, offering sportier dynamics.
Driving modes are Whisper (great for commutes and long freeway stretches alike), Engage (a bit of excitement coming through), and Unbridled — exploiting those electric motors to the full.
Like most EVs, the Mustang Mach-E also does the one-pedal driving trick. By setting the brake energy regeneration to maximum, the vehicle’s progress is controlled just by using the throttle, while lifting off completely can bring it to a halt. We’ve found this to be particularly useful during the mayhem of city traffic.
Technology is front and center, thanks to a massive 15.5-inch infotainment touchscreen set vertically. This is complemented by a 10.2-inch digital driver information display that comes as standard in every new Mustang Mach-E SUV.
Even the base Select trim has an 8-way power-adjustable driver’s seat, while the upholstery is a decent-quality simulated leather. The GT’s seating surfaces include inserts of a suede-like cloth material.
The sloping roof might suggest constricted space for rear passengers, but a couple of average-sized adults should be happy with the amount of headroom and legroom. For the driver, outward vision is also acceptable.
Cargo space opens up from 29.7 cubic feet to 59.7 when the rear seats are folded down. That’s quite similar to the Hyundai Ioniq 5 EV. There’s also a storage area under the hood.
The Nite Pony cosmetics bundle ($800) is new this year. Applicable to the Premium trim with the extended-range battery and the GT Performance Edition, this package adds exterior elements finished in high-gloss black. It’s also available with any paint choice.
On that subject, Carbonized Gray Metallic and Vapor Blue Metallic are new colors for the 2023 Mustang Mach-E SUV lineup, replacing similar hues. The black roof of the GT and GT Performance Edition variants is also gone, making way for a standard fixed-glass panoramic roof.
1. Charge management
The special Ford home charger available with the 2023 Mustang Mach-E EV can be controlled and monitored by using a smartphone app, Amazon Alexa, or Google Home.
2. Infotainment touchscreen
It shows a Tesla influence with its size and orientation, but that’s no bad thing. This 15.5-inch screen has superb graphics, can be controlled using smartphone-like gestures, and is part of a user-friendly system that includes natural voice recognition, Wi-Fi, wireless Apple CarPlay/Android Auto integration, and wireless device charging.
3. Phone As A Key
This allows users to access their Mustang Mach-E using a smartphone app. They can also open the trunk and the hood, activate the horn and lights, and open or close the windows — all remotely.
4. BlueCruise
This adaptive cruise control system allows hands-free driving on certain highways. However, the driver’s eyes must still be kept on the road.
5. Drainable front storage area
Under the hood is an extra 4.7 cubic feet of storage that comes with a drain plug, so it can be filled with ice and used as a cooler.
6. Bang & Olufsen audio
One way to enjoy the otherwise quiet cabin of the all-electric Mustang Mach-E is to turn up the volume of this high-quality 10-speaker system. Standard in the Premium and GT/GT Performance models.
Select and Premium versions of the 2023 Mustang Mach-E share the same setups. Variants with the standard-range battery and rear-wheel drive have a single electric motor developing 266 horsepower and 317 lb-ft of torque. With a second electric motor driving the front wheels (creating an electronic form of all-wheel drive), horsepower increases by 45, but torque increases to 428 lb-ft.
Premium then goes on its own journey with the optional extended-range battery. Although torque figures remain the same, a rear-wheel-drive (RWD) version makes 290 horsepower and one with all-wheel drive (AWD) generates 346 horsepower.
These higher output numbers also apply to the California Route 1 version, now with AWD as standard.
GT versions pack a mightier punch. Both the straight-ahead GT and the GT Performance Edition have 480 horsepower, but torque is either 600 lb-ft in the GT or 634 lb-ft in the GT Performance Edition. AWD is standard here.
In combination with RWD, a new standard-range lithium-iron phosphate battery in the Select and Premium models has a range of 250 miles. With AWD, that shortens to 226 miles. The extended-range battery (lithium-ion), which is optional in the Premium, can cover either 306 miles (RWD) or 290 miles (AWD) — a little hike of 13 miles over last year’s AWD version.
California Route 1 and GT variants come with the extended-range battery as standard. The California Route 1 has the best range of the 2023 Mustang Mach-E lineup: 312 miles.
It’s 270 miles for the GT or 260 miles for the GT Performance Edition.
A DC fast charger can replenish the battery from 10% to 80% in approximately 33 minutes. A dedicated Ford home charging station is capable of adding 28 miles of range per hour it’s connected. Or plan on something like 11 hours for a full recharge using a 240-volt system.
Mustang Mach-E Select & Premium w/standard battery
266 horsepower (RWD)
311 horsepower (AWD)
317 lb-ft of torque (RWD)
428 lb-ft of torque (AWD)
EPA city/highway fuel economy: 110/96 MPGe (RWD), 99/86 MPGe (AWD)
EPA-estimated range: 250 miles (RWD), 226 miles (AWD)
Mustang Mach-E Premium w/extended-range battery
290 horsepower
317 lb-ft of torque
EPA city/highway fuel economy: 104/90 MPGe
EPA-estimated range: 306 miles
Mustang Mach-E Premium AWD w/extended-range battery & California Route 1
346 horsepower
428 lb-ft of torque
EPA city/highway fuel economy: 97/84 MPGe (Premium), 105/91 MPGe (California Route 1)
EPA-estimated range: 290 miles (Premium AWD), 312 miles (California Route 1)
Mustang Mach-E GT and GT Performance Edition
480 horsepower
600 lb-ft of torque (GT)
634 lb-ft of torque (GT Performance Edition)
EPA city/highway fuel economy: 90/77 MPGe (GT), 88/75 MPGe (GT Performance Edition)
EPA-estimated range: 270 miles (GT), 260 miles (GT Performance Edition)
A typical Ford new-car warranty of 3 years or 36,000 miles (whichever occurs first) applies to the 2023 Mustang Mach-E. Components specific to the electric drivetrain, like the battery pack, are covered for 8 years or 100,000 miles.
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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2023 | - | $43,795 | $43,795 | ||
2024 | $13,853 | $29,942 | $26,038 | ||
Now | $4,353 | $25,589 | $21,898 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Front Head Room | 38.9 inches | ||
---|---|---|---|
Front Leg Room | 43.3 inches | ||
Max Seating Capacity | 5 | ||
Minimum Ground Clearance | 5.8 inches | ||
Overall Length | 185.6 inches | ||
Front Shoulder Room | 57.6 inches | ||
Trunk or Cargo Capacity | 59.7 cu.ft. | ||
Turning Diameter | 38.1 feet | ||
Wheel Base | 117.5 inches | ||
Width with mirrors | 82.6 inches |
Alloy Wheels | Available | ||
---|---|---|---|
Number of Doors | 4 doors | ||
LED Headlights | Available | ||
Rear Spoiler | Available |
City | 110 MPGe | ||
---|---|---|---|
Combined | 103 MPGe | ||
Highway | 96 MPGe |
Drivetrain | RWD | ||
---|---|---|---|
1 speed | Available |
Horsepower | 266 hp | ||
---|---|---|---|
Torque | 317 foot pounds | ||
Engine | Electric Motor | ||
Estimated Electric Range | 247 miles | ||
Charge Time (240V) | Unavailable hours | ||
Battery Capacity | N/A | ||
Top Speed | 111 mph |
Basic | 3 years / 36000 miles | ||
---|---|---|---|
Powertrain | 5 years / 60000 miles | ||
Corrosion | 5 years / Unlimited miles |
Ford Co-Pilot360 2.0
This is a set of driver aids that comes as standard in every new Mustang Mach-E electric SUV. It includes forward collision warning with automatic emergency braking and pedestrian detection, blind-spot monitoring with cross-traffic alert, lane-keeping assistance, evasive steering assistance, and rear parking sensors.
Audible Vehicle Alert System
Usually, it’s drivers being made aware of pedestrians, but this feature makes sure that pedestrians and cyclists are informed of an otherwise silent-running electric vehicle in the immediate vicinity. This is another standard feature across the 2023 Mustang Mach-E SUV lineup.
360-degree camera system
Yet another standard feature in the 2023 Mustang Mach-E, this gives drivers a complete view of the vehicle’s surroundings.
Used 2023 Ford Mustang MACH-E | Used 2023 Hyundai IONIQ 5 | Used 2023 Kia EV6 | Used 2023 Nissan ARIYA | ||
---|---|---|---|---|---|
Price | $25,517 | $27,270 | $28,400 | $23,209 | |
KBB.com Rating | 4.6 | 4.7 | 4.5 | 4.4 | |
Consumer Rating | 4.5 | 4.5 | 4.1 | 4.2 | |
Fuel Economy | City 110/Hwy 96/Comb 103 MPGe | City 127/Hwy 94/Comb 110 MPGe | City 120/Hwy 98/Comb 109 MPGe | City 101/Hwy 89/Comb 95 MPGe | |
Fuel Type | Electric | N/A | N/A | N/A | |
Estimated EV Range | 247 miles | 220 miles | 282 miles | 272 miles | |
Safety Rating | N/A | N/A | N/A | 5.0 | |
Seating Capacity | 5 | 5 | 5 | 5 | |
Basic Warranty | 3 years or 36000 miles | 5 years or 60000 miles | 5 years or 60000 miles | 3 years or 36000 miles | |
0-60 | N/A | N/A | 5.1 seconds | N/A | |
Horsepower | 266 HP | 168 HP | 320 HP | 238 HP | |
Engine | Electric Motor | Electric Motor | Dual AC Electric Motors | Dual Electric Motors | |
Drivetrain | RWD | RWD | AWD | AWD |
The best performers in testing lost just 14% of their range in the cold – better performance than most internal combustion engines.
The average American drives about 50 miles a day. The average Ford Mustang Mach-E owner drives 66, the company says.
Ford’s Mustang Mach-E electric SUV outsold the traditional gas-powered Mustang in 2024.
The base Select trim of the 2023 Mustang Mach-E compact SUV starts at $42,995. The top GT version, with standard all-wheel drive and an extended-range battery, comes in at $59,995. Other factors need to be taken into account, such as destination charges, options, free charging, federal tax credit, and any possible state incentives.
Using a DC fast charger, the Mustang Mach-E’s battery capacity now goes from 10% to 80% in 33 minutes or so. A special Ford home charger can supply 28 miles of range per hour. Or we’re looking at around 11 hours for a full recharge on a 240-volt supply.
In the recent past, rival electric vehicles could never really compete with the ranges achieved by Tesla’s cars. But the 2023 Mustang Mach-E SUV not only comes close, it’s also more affordable, eligible for tax credits and incentives, and is backed up by an extensive dealer network. No wonder we’ve made it a KBB Best Buy.
Yes, the 2023 Ford Mustang MACH-E is a good car, as reflected by its above-average Kelley Blue Book rating of 4.6 out of 5.
Used 2023 Ford Mustang MACH-E prices currently range from $25,517 for the Select Sport Utility 4D to $36,729 for the GT Sport Utility 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2023 Ford Mustang MACH-E is the Select Sport Utility 4D, with a Kelley Blue Book Fair Purchase Price of $25,517.
The 2023 Ford Mustang MACH-E is part of the 1st-generation Mustang MACH-E, which our owners give an above-average reliability rating of 4.5 out of 5.