Midwest Muscle For Less: Used Mustang Vs. Challenger – Which Holds Its Value Better?

Searching for a great deal on a muscle car can feel confusing. Many drivers in the Midwest ask whether a Used Mustang Ohio or a Used Challenger Indiana holds its value better over time.

Muscle Car Depreciation Midwest is real, but some cars keep their worth longer than others. Keep reading to learn which classic ride gives you more for your money.

Key Takeaways

• Ford Mustang keeps 79% of its value after five years, more than the Dodge Challenger, which holds 76.2%. This makes Mustang a strong choice for keeping value.

• Both cars are popular in the Midwest. The Mustang sells well due to its mix of power and style. Challengers are liked for their roomy interiors and all-wheel drive options.

• Maintenance history, mileage, and condition significantly affect resale values. Low-mileage and good-condition cars fetch higher prices.

• Financing options are available at Tom Tepe Autocenter for both vehicles. They also offer easy trade-in processes for your current car towards a muscle car purchase.

  
  

Overview of American Muscle Cars

American muscle cars stand out with strong engines and bold styles. They offer power and driving thrills that excite fans across Kentucky, Cincinnati, Indianapolis, Harrison, Ohio, Aurora, Indiana, and Milan, Indiana.

The legacy of the Ford Mustang

The Ford Mustang hit the market on April 17, 1964, at the New York World's Fair. Over 400,000 cars sold in its first year show how fast it became a favorite. In 1965, buyers could pick the V8 engine for more power.

The Mustang led to the "pony car" term and shaped sports cars for years to come.

Films and TV shows made this car a symbol of youth culture across Kentucky, Cincinnati, Indianapolis, Harrison, Ohio, Aurora, Indiana, and Milan, Indiana. In response to rising gas prices during the oil crisis, Ford made a smaller and fuel-efficient version in 1974.

Interest surged again in 2005 with retro styling that honored classic looks. Future plans include an electric model to keep up with advancing technology and eco-friendly demands.

People still love driving Mustangs because they mix style with muscle, says our team at Tom Tepe Autocenter.

Next up: why so many drivers are drawn to the Dodge Challenger.

The appeal of the Dodge Challenger

Dodge Challenger sports cars lead sales in 46 states, showing strong demand. Many buyers love its bold look and wide stance. Six trim levels fit different needs, including SXT, GT, R/T, Scat Pack, SRT Hellcat, and Super Stock.

Some trims like the SXT and GT offer all-wheel drive for better handling in rough Midwest winters.

Engine choices range from a solid 3.6L V6 to a mighty supercharged 6.2L HEMI V8 with up to 807 horsepower for muscle fans who want speed. The Challenger also provides more space inside than most rivals like the Ford Mustang or Camaro, and makes longer drives comfortable with available Android Auto and Apple CarPlay features.

With the final production year in 2023, many shoppers see used Dodge Challengers as collector cars with great value at Tom Tepe Autocenter & Car Country.

Key Factors in Resale Value

Muscle cars often hold their worth longer than other vehicles. Strong interest from collectors and fans helps keep prices stable for top trims like the Ford Mustang Shelby or Dodge Challenger SXT.

Depreciation trends for muscle cars

The Ford Mustang keeps almost 79% of its original value after five years. This beats the average sports car, which loses about 45.6%. The Dodge Challenger holds about 76.2% of its value in the same period.

The Chevy Camaro matches the Challenger, also with 76.2%. Both the Mustang and Camaro rank in the top 10 for value retention among sports cars.

A five-year-old Ford Mustang averages $32,763, while a similar Chevy Camaro costs around $33,488. Performance vehicles like the Shelby GT350 and Ford Mustang Bullitt stay popular. Their resale values depend on reliability, horsepower, fuel efficiency, and features like digital instrument clusters or lane departure warning.

Tom Tepe Autocenter offers great deals on used sports cars for sale, making it easier to buy a vehicle that holds its value well.

Importance of mileage and condition

Mileage ranks as the top factor for 56% of buyers shopping for a used Ford Mustang, Pre-owned Dodge Challenger, or even crossovers and hybrid cars. Industry data proves that muscle cars, like the Mustang GT or Dodge Challenger SXT, lose value every 10,000 miles.

Shoppers often look for lower mileage because it signals higher quality and fewer repairs, especially in popular trims like the Shelby GT500 or Mach 1.

Condition matters almost as much. A clean maintenance history, no accident records, and strong reliability reports boost resale value for muscle cars

Sellers should note that dents, worn shifters, and broken fog lights can push prices down fast. At Tom Tepe Autocenter and Car Country, our team checks each vehicle’s mileage, steering, and maintenance records, helping you find a muscle car that holds value longer.

Ford Mustang: Value Retention

Many drivers in the Midwest want muscle cars like the Ford Mustang that keep their worth. Our team at Tom Tepe Autocenter often sees strong resale prices for popular trims, including rear-wheel drive and convertible options.

Popular trims and their resale performance

At Tom Tepe Autocenter, we know muscle cars. The Ford Mustang stands out for its value retention over time. Here are some popular trims and how they perform in resale:

1. The Ford Mustang Premium 2007 with 39,959 miles sold for $11,889. This price is $4,692 below market value. It shows strong demand for older models.

2. A 2014 Ford Mustang Premium had 32,975 miles and went for $18,998, making it $2,361 less than what many would expect to pay.

3. Another 2014 model but with higher mileage at 77,617 sold for $14,253. This was a good deal at $2,945 under the market rate.

4. The 2022 Ford Mustang GT Premium stood out with two entries; one had 35,795 miles and sold for $35,995 which was $4,292 below market value while another similar model with fewer miles (25,281) fetched $36,800 or $4,446 less than typical rates.

5. For those looking at more eco-friendly options without losing muscle car appeal, the 2018 Ford Mustang EcoBoost was a hit with just 25,484 miles on it and a sale price of $19,990; that's $2,384 cheaper than expected.

6. Overall statistics show the Mustang retains an impressive 79% of its value over five years leading in its class and showing why it's such a solid choice for Midwest drivers.

7. Specifically looking at a five-year-old Ford Mustang's average resale price brings us to about $32,763 which indicates strong consistent demand in the used car market.

   
   

Our selection at Tom Tepe Autocenter proves these models hold their worth well over time, making them great picks for muscle car enthusiasts looking for power without breaking the bank.

Market demand in the Midwest

Mustang sales stay strong across Midwest cities like Indianapolis, where buyers value both style and savings. Midwest states such as Michigan, Ohio, Minnesota, and Wisconsin show average used muscle car prices ranging from $29,019 to $36,664.

Mustang remains popular as the only one of the “big three” muscle cars still in production. Average prices for used muscle cars reach $33,525 in Michigan and $31,408 in Ohio, with average savings over $10,000 in both states.

Low depreciation rates keep the Mustang attractive for daily commuters and families. At Tom Tepe Autocenter and Car Country, Midwest drivers find a steady supply of Mustangs at prices that reflect high demand and strong value retention.

Affordability of used Mustangs at Tom Tepe Autocenter and Car Country

Used Ford Mustangs at Tom Tepe Autocenter and Car Country fit many budgets. Prices will vary depending on the trim package and the year, and the mileage of the vehicle.

This price range lets shoppers pick from early models, later trims, and even special editions like Mustang Mach 1 or Shelby GT500.

Each Mustang goes through vehicle care in our expert service center. Online finance applications help buyers get approved fast. Flexible financing options are available for all credit backgrounds.

Our team serves Indiana and Ohio, including cities like Indianapolis, Milan, and Aurora.

Our goal is to make owning a muscle car like the Ford Mustang possible for everyone, says Harry Tepe.

Dodge Challenger: Value Retention

Our team often sees Dodge Challenger models keep strong value, even after years on Midwest roads. Many drivers love their bold style and power, which helps them stay popular among muscle car fans.

Strong-performing models and trims

Vehicle shoppers looking for muscle cars often seek models that not only command the road but also retain value over time. Dodge Challenger stands out with its high-performance trims and robust engine options, proving to be a wise choice for enthusiasts.

1. The 2019 Dodge Challenger R/T Scat Pack is notable for its power. It comes with a 6.4L HEMI V8 engine, pushing out 485 horsepower. This model offers thrilling acceleration and muscular performance on the highway.

2. Challenger SXT models, such as the 2022 version, offer an all-wheel drive option. This feature enhances stability and control in various driving conditions, making it a practical choice for year-round driving in the Midwest.

3. For those craving ultimate power, the Challenger lineup includes options with a supercharged 6.2L HEMI V8 engine. This beast can produce up to 807 hp, delivering unrivaled speed and agility on the track.

4. The GT trim level provides a balance of performance and comfort features. A 2021 Dodge Challenger GT showcases upgraded interiors and technology enhancements along with athletic driving dynamics.

5. Customization is a key advantage of choosing a Dodge Challenger; from exterior colors to interior finishes and performance packages, buyers can tailor their vehicle to suit their unique style and driving preferences.

6. Recognizing the importance of affordability, Tom Tepe Autocenter & Car Country offers models like the Challenger SXT below market price.

7. In its final production year in 2023, the Dodge Challenger ensures exclusivity and potential value retention as collectors and enthusiasts seek to own a piece of automotive history before it's too late.

   
   

At Tom Tepe Autocenter & Car Country, we're committed to helping our customers find the muscle car that fits their dreams while also offering great value and lasting satisfaction on the road.

Midwest popularity and resale trends

Dodge Challenger leads Midwest sports car sales, with strong numbers in Indiana and Ohio. Its comfort and reliability make it a top pick here. The Challenger kept 73.3% of its value after five years, just below the Ford Mustang’s rate.

Demand remains high even after production ended in 2023.

Regular maintenance keeps resale values steady for both Dodge Challenger and Ford Mustang buyers in the region. Many owners like that the Challenger offers more towing power than most rivals, which adds to its appeal around Kentucky and Indiana.

Challenger's lasting popularity in our area shows drivers want muscle cars they can rely on, says Harry Tepe, owner at Tom Tepe Autocenter.

Mustangs sell well, too, but Challengers stay ahead across many Midwestern states thanks to their reputation for daily comfort and solid performance. Both models hold average reliability ratings of 3.5 out of 5 according to recent automotive data reports.

Great deals on used Challengers at Tom Tepe Autocenter and Car Country

Challengers remain popular in the Midwest, and Tom Tepe Autocenter and Car Country offer strong deals for muscle car fans.

All Challengers receive thorough inspections and reconditioning from our skilled team before they go on sale. Price drops are common and give room for negotiation to help buyers save more money.

Customers shopping across Southeast Indiana or Cincinnati can visit any of our three locations in Milan or Aurora, IN, as well as Harrison, OH. Shoppers may apply online for financing if approved credit is available on used Challenger models at Tom Tepe Autocenter & Car Country.

Comparing the Mustang and Challenger

Both the Ford Mustang and Dodge Challenger offer strong muscle car vibes, but one might fit your style—and budget—better; keep reading to see which classic keeps more value in the Midwest.

Pricing differences for used models

Used Ford Mustang prices range from $17,000 to $30,000. Dodge Challenger models usually cost a bit more, with prices between $19,000 and $35,000. For example, the Dodge Challenger’s starting MSRP is $34,395, while a similar Ford Mustang starts at $33,915.

A good deal averages about $31,282 across both models.

Ohio and Michigan sit in the $31,408 to $33,525 range. At Tom Tepe Autocenter and Car Country, shoppers can find savings, with the largest listed at $34,764 below market price and average savings of $2,337.

We make it easy to drive home a Ford Mustang or Dodge Challenger at a price that works for your budget, says Harry Tepe.

Performance and reliability considerations

Ford Mustang offers up to 470 horsepower with its 5.0L V8 engine for powerful drives across the Midwest. Dodge Challenger impresses muscle car fans with a supercharged 6.2L V8, putting out as much as 807 horsepower in select trims like the SXT and GT, which also offer all-wheel drive options for better grip during tough road conditions.

Both cars include safety tools like Blind Spot Information System on the Mustang and Electronic Stability Control plus Hill-Start Assist on the Challenger.

Fuel economy shows clear differences: Mustang gets up to 21 MPG in city driving and up to 32 MPG on highways; Challenger reaches about 19 MPG city and tops out at 30 MPG highway. Both rank similarly for reliability, each scoring a rating of 3.5 out of five from key automotive sources.

These models use advanced features including automatic headlights, rear-view camera systems, and stability control; these boost confidence behind the wheel, whether you choose Dodge or Ford at Tom Tepe Autocenter or Car Country.

Long-term value advantages

Mustang keeps about 79% of its resale value after five years. Challenger holds 73.3%. That gives Mustang muscle more strength for long-term return, beating the coupe average by 7.7%.

Popular trims, like the Mustang Shelby GT500 and Mach 1, have high demand and strong resale numbers. Midwest shoppers benefit from this value retention, since Mustang models remain favorites here at Tom Tepe Autocenter and Car Country.

Challenger SXT and higher trims do well but do not outpace Mustang for value. Both models cost about $650 to $709 per year for upkeep. Regular service and low miles matter most for resale.

Customers at Tom Tepe Autocenter and Car Country find great deals and many options, whether choosing a Mustang or a Challenger for lasting value.

Financing Your Muscle Car Purchase

Our finance team helps you get behind the wheel of your dream Ford Mustang or Dodge Challenger. Enjoy simple steps, clear terms, and quick decisions at Tom Tepe Autocenter.

Applying for Financing at Tom Tepe Autocenter

Applying for financing at Tom Tepe Autocenter is easy and secure. We offer flexible financing options for customers with various credit backgrounds. Here's how you can get started:

1. Visit our website to fill out an online credit application. This form requires your personal and vehicle details.

2. You will need to provide the last four digits of your Social Security number. We take your privacy seriously, so all data is protected with HTTPS encryption.

3. Our team checks your information with credit-reporting agencies. This process helps us understand your financial situation better.

4. You'll be asked about your employer and references. This information supports your application.

5. You have the choice to allow or not allow us to share your personal information for marketing purposes. It’s completely up to you.

6. We work hard to find the best financing option for you, whether it's for a Ford Mustang or a Dodge Challenger.

7. Our finance department discusses all available options, including special offers that fit your needs.

8. With assistance from our team, you can choose the best plan that suits you.

   
   

At Tom Tepe Autocenter, we are committed to helping you drive away in the muscle car of your dreams, such as a Ford Mustang Shelby GT500 or a Dodge Challenger SXT, without any hassle.

Trading in Your Current Vehicle

Trading in your current ride at Tom Tepe Autocenter is simple—get a fair offer fast and use it toward that muscle car you’ve been eyeing. Read on to see how easy the process can be!

How to Trade-In Your Vehicle at Tom Tepe Autocenter

At Tom Tepe Autocenter, we make trading in your vehicle easy and straightforward. You can get a competitive offer for your car by following simple steps.

1. Visit our website and find the trade-in form.

2. Fill out the required fields with your personal information accurately.

3. Provide detailed specs of your vehicle, including make, model, and year.

4. Include information about your car's condition, such as any accidents or damage.

5. Mention the service history to help us understand its maintenance.

6. List any special features or upgrades that your car has.

7. Submit the form online to send us your vehicle's details.

8. We will review the information and prepare a tailored offer based on what you provided.

9. Check out our additional resources on the website if you need guidance with trade-ins.

10. Schedule an in-person evaluation at Tom Tepe Autocenter for a final offer.

    
    

We accept cars of all brands, ensuring you get value for yours here at Tom Tepe Autocenter & Car Country, where customer satisfaction is our priority.

Why Buy Your Next Vehicle at Tom Tepe Autocenter and Car Country

Our team knows muscle cars, trucks, and sport utility vehicles inside and out. Find your next Ford Mustang or Dodge Challenger with help from people who care about your driving experience.

Trusted dealership for muscle cars in the Midwest

Tom Tepe Autocenter stands out in the Midwest for muscle cars like the Ford Mustang and Dodge Challenger. The dealership sells over 2000 vehicles each year and offers more than 200 used options, including performance trims and models such as the Dodge Challenger SXT and Ford Mustang Mach 1.

You will find all vehicles checked for regular maintenance to ensure top condition.

Locations in Milan, Indiana, Harrison, Ohio, and Aurora, Indiana serve shoppers from Southeast Indiana to Cincinnati, Ohio. Flexible financing helps buyers with any credit background drive away happy.

Our focus is simple: offer quality muscle cars, fair pricing, and honest service to every customer.

Wide inventory of quality used Mustangs and Challengers

Our team’s strong focus on American muscle cars shows in our wide selection of used Ford Mustangs and Dodge Challengers. Each Mustang and Challenger goes through a full inspection process at Tom Tepe Autocenter and Car Country.

Every listing includes specs like mileage, price, VIN, model year, trim, and feature set, helping you compare your options with ease.

You will find popular trims such as the Ford Mustang Dark Horse and Dodge Challenger SXT among our choices. We also carry classic soft top versions and models with manual transmissions.

Our lots include quality vehicles for commuters, families, and performance fans. Flexible financing options are available for qualified buyers. Expert staff can guide you to the best value, whether you want a muscle car for fun, weekend cruising, or daily drives.

Competitive pricing and customer-focused service

Tom Tepe Autocenter and Car Country price used Ford Mustangs and Dodge Challengers below the market average. Buyers will find real savings when shopping here. Every muscle car, from a Challenger SXT to top Mustang trims, goes through a detailed inspection and reconditioning process before any sale.

My team offers flexible financing for all credit types. Online tools let shoppers check trade values and estimate payments. We focus on clear, honest service. The service department handles oil changes, tire rotations, inspections, and major repairs.

Our commitment shows in our strong customer loyalty and involvement in the Midwest community.

Conclusion

Mustangs and Challengers both stand strong in value over time. Many Midwest drivers ask which keeps its worth better, and the answer depends on your needs. Each muscle car offers powerful performance and eye-catching style at a smart price point.

Our team at Tom Tepe Autocenter and Car Country can help you compare models, find top savings, and get approved for financing on the spot. Stop by our Indiana or Ohio locations to shop used Mustangs and Challengers that fit your budget today.

FAQs

1. Which car holds its value better, the Ford Mustang or the Dodge Challenger?Both models retain their value well, but the Ford Mustang typically leads with about 79% value retention after five years, compared to the Dodge Challenger’s 73–76%. At Tom Tepe Autocenter and Car Country, both options offer strong resale potential for Midwest drivers who want muscle and dependability.

2. What factors affect how well a used muscle car keeps its value?Mileage, condition, maintenance history, and trim level are key. Well-maintained Mustangs and Challengers with lower mileage and clean service records tend to fetch higher resale prices. Our certified technicians at Tom Tepe Autocenter inspect every vehicle to ensure quality before it reaches our lot.

3. Are financing options available for used Ford Mustangs and Dodge Challengers?Yes — flexible financing options are available for qualified customers at Tom Tepe Autocenter and Car Country. Whether you’re rebuilding credit or looking for the best rate, our finance team helps make your muscle-car dream affordable and stress-free.

4. Why should I buy my next Mustang or Challenger from Tom Tepe Autocenter and Car Country?We’re a trusted, family-owned dealership group with locations in Milan, Indiana; Aurora, Indiana; and Harrison, Ohio. Our teams provide transparent pricing, thorough inspections, and customer-first service. We also offer trade-in assistance and financing options tailored to your needs.

5. Does Tom Tepe Autocenter service performance cars like Mustangs and Challengers?Absolutely. Our service department has experienced technicians who specialize in maintaining high-performance vehicles. From oil changes and brake checks to more advanced diagnostics, Tom Tepe Autocenter ensures your muscle car performs its best year-round — even through tough Midwest winters.