Ford Mustang discount offers were relatively conservative throughout most of 2019, with a $2,000 discount offered last February and a $1,750 discount offered in September. By comparison, the incentive in 2020 have been slightly more generous, including the $3,750 discount in February as well as the $3,000 cashback rebate in April.
While Ford’s featured offers are for 2020 Mustang models, buyers can get interest-free financing when purchasing a leftover 2019 Mustang model. It’s also worth noting that Ford is not excluding the Mustang Bullitt from the discount programs in April, though the model is typically excluded from cashback offers. Interested parties should note that the headlining Ford cashback rebate is not available nationwide, though the financing offers are.
Ford Mustang Incentives
Ford Mustang discount offers for the Mustang in April 2020 vary by market. As such, we’ve reference the featured offers for four major U.S. markets below:
- New York City: $1,500 cash + 2.9-percent APR for 60 months for 2020 models
- Excludes GT350 and GT500 models
- Detroit: $3,000 total cash discount for 2020 models
- Excludes GT350 and GT500 models
- Miami: 0 percent APR for 72 months on 2020 models
- Excludes GT350 and GT500 models
- Los Angeles:Â $3,000 total cash discount for 2020 models
- Excludes GT350 and GT500 models
In addition to the above incentives, Ford is also offering a nationwide discount of $750 on all 2020 Mustang EcoBoost and GT models, a $2,000 discount on all 2019 Mustang EcoBoost, GT, and Bullitt, and $3,000 off EcoBoost Premium models. Vehicles must be in dealer inventory to quality for most of the above Ford Mustang discounts.
Some markets are also seeing $1,500 in Bonus Cash from Ford Credit, as seen in the following image.
All of the aforementioned offers will run through April 30th, 2020.
For reference, here are the applicable 2019 and 2020 Mustang trim levels and their corresponding starting MSRPs, including destination charge:
2019 Mustang Coupe:
- EcoBoost Fastback – $27,490
- EcoBoost Premium Fastback – $32,505
- GT Fastback – $36,450
- GT Premium Fastback – $40,450
- Bullitt Fastback – $47,690
2019 Mustang Convertible:
- EcoBoost Convertible – $32,990
- EcoBoost Premium Convertible – $38,005
- GT Premium Convertible – $45,950
2020Â Mustang Coupe:
- EcoBoost Fastback – $28,510
- EcoBoost Premium Fastback – $33,525
- GT Fastback – $36,825
- GT Premium Fastback – $40,825
- Bullitt Fastback – $48,900
2020 Mustang Convertible:
- EcoBoost Convertible – $34,010
- EcoBoost Premium Convertible – $39,025
- GT Premium Convertible – $46,325
Mustang sales started the 2020 calendar year strong, totaling 18,069 units during the first quarter of 2020 for a 7 percent increase over Q1 2019. During the same timeframe, the Mustang’s two biggest competitors – the Dodge Challenger and Chevy Camaro, saw sales slide 10 and 40 percent, respectively. FoMoCo’s cross-town rival, General Motors, previously offered a Camaro incentive intended to lure Mustang owners to buy a Camaro. However, GM is not offering this discount in April.
Disclaimers
- Must take delivery from an authorized Ford dealer’s stock by April 30th, 2020, unless specified otherwise.
- See dealer for details.
- Incentive for the United States of America, unless otherwise specified.
- Some customers may not qualify for this offer.
- Residency restrictions apply.
- Ford discount offer not 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.
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