How Much Will 2024 Ford Mustangs Cost?
Although you won’t be able to get your hands on one until this summer, the 2024 Ford Mustang is already generating a lot of anticipation. Now, we finally know how much the various trims will cost. Prices are up, which shouldn’t come as a surprise especially in light of today’s new-car market. Here’s the breakdown, along with how its prices stack up to its main competitors.
The base Mustang is a 315-hp Ecoboost fastback, which wears an MSRP of $30,920. Adding on $1395—what Ford currently charges in destination fees—gets us to $32,315, up from the $29,165 entry price for the outgoing-generation 2023 model. (We’ll include that assumed destination price in all MSRPs until we learn otherwise.) That puts Ford’s entry-level pony car as the most expensive in the herd, just nosing out the $32,140 entry price for a Dodge Challenger SXT and well above the $27,495 Chevy charges for the 2.0-liter turbo Camaro 1LS or the $29,390 it asks the 335-hp V-6 1LT model.
Next up, the Ecoboost Premium adds creature comforts (like wireless charging and approach lighting) and lands at $37,840, an increase of $3650 over the current Ecoboost Premium. A drop-top version of the Ecoboost Premium starts at $43,340, a significantly pricier proposition than the Camaro’s entry convertible (which stickers for $34,295) but still better than a Dodge Challenger convertible … which doesn’t exist from from the factory.
If four-cylinders aren’t your thing, perhaps a Coyote-powered pony is the right call. The 480-hp Mustang GT starts at $42,890, up from 2022’s price of $39,740. Again, that makes Mustang the most expensive entry in the V-8 pony car market, with the Camaro LT1 at $37,775 and the Challenger R/T at $40,980. To be fair, the Camaro SS is a better comparison and it starts at $41,295. Likewise, the best match for a GT from the Mopar camp is likely the 392-powered R/T Scat Pack which starts at $48,440 (including $1000 gas-guzzler tax). The GT Premium trim also includes the 480-hp V-8 but adds Brembo brakes and 19-inch wheels, aluminum pedals and door sill plates, and the option to purchase an active-valve exhaust system that won’t tick off your neighbors on cold mornings. It starts at $47,410. If you’d like a convertible GT, it’s only available on the GT Premium. Add on an additional $5500 for the top-down experience.
Finally, we have the Mustang Dark Horse that tweaks the 5.0-liter Coyote V-8 to 500 hp and adds MagneRide suspension, a Tremec six-speed manual, and a host of options that make it more track-capable while looking fantastic. It starts at $59,365, just a tick more than its current counterpart, the $57,965 Mach 1. Its best Camaro counterpart is likely the SS 1LE, which also comes with MagneRide. Equipped with the optional track performance pack, its MSRP comes to $52,795.
(photo credit: Ford)
