This 2022 Ford Mustang Mach-E GT cost $63,335 on release and has just sold in California for a massive drop

Published on Oct 08, 2025 at 4:37 AM (UTC+4)
by Claire Reid

Last updated on Oct 08, 2025 at 4:38 AM (UTC+4)
Edited by Claire Reid

This one-owner 2022 Ford Mustang Mach-E GT came with an original price tag of $63,335, but it recently sold at auction for less than half of that. 

Ford unveiled its first ever all-electric Mustang in 2019, and it went on sale the following year.
The EV SUV has been a hit for Ford, back in 2022, the carmaker had to stop accepting new orders due to high demand. 

And just last month, figures revealed that the Mach-E was outselling its gas-powered counterparts 2:1

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The 2022 Ford Mustang Mach-E GT sold for a lot less than its original price

Generally speaking, EVs depreciate faster than ICE-powered vehicles, meaning that if you’re looking to buy an all-electric you can save a huge chunk of cash buying newish rather than brand-new. 

Take a look at this 2023 BMW i7 xDrive60, which cost more than $130,000 but sold for just $57,751 less than two years on, or this $54,190 Tesla Model Y sold for $24,888 after the owner put 50,000 miles on the clock.

It was a similar story for this 2022 Ford Mustang Mach-E GT that was bought new in California. 

The EV is finished in Grabber Blue Metallic and sits on 20-inch alloy wheels with red brake calipers

Inside, there’s a black interior with power-adjustable and heated front seats, Ford Co-Pilot360 Assist 2.0, and a Bang & Olufsen sound system. 

Mach-E features a dual motor all-electric powertrain that offers up to 480 horsepower, 600-lb-ft of torque and a range of up to 270 miles. 

The 2022 Ford Mustang Mach-E GT has had just one owner and who has put 26,300 miles on the odometer. 

The car is in great shape, but the listing did highlight a couple of scrapes on the front lower bumper, while its history report notes some ‘minor damage’ sustained in 2024. 

The interiors are a similar story with some creases on the driver’s seat bolsters and a bit of wear on the trim panels. 

The 2022 Ford Mustang Mach-E GT was listed for sale on Car & Bids where it attracted 15 bids and ended up selling for just $27,000 – less than half of its original price. 

One Mach-E owner held onto his after seeing how much it had depreciated

Although the owner of the 2022 Ford Mustang Mach-E GT was seemingly happy to sell for a lot less than he originally paid, that wasn’t the case for a fellow Mach-E owner. 

He listed his for sale online back in February, where he revealed it had cost him $72,590.

However, after attracting a top bid of just $31,000, he decided to hold onto it himself

“Thank you for the offer even after the time was up,” he said after the bidding closed. “After putting everything together, I believe it would be a big loss for me to part with her.

“So, I’ve decided to continue my adventures with her.”

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Claire Reid is a journalist who hails from the UK but is now living in New Zealand. She began her career after graduating with a degree in Journalism from Liverpool John Moore’s University and has more than a decade of experience, writing for both local newspapers and national news sites. Claire covers a wide variety of topics, with a special focus on cars, technology, planes, cryptocurrency, and luxury.