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2021 Ford Mustang Prices Revealed, All Trims Get More Expensive

After a 17-year hiatus, the all-new Mustang Mach 1 fastback coupe makes its world premiere - becoming the modern pinnacle of style, handling and 5.0-liter V-8 pony car performance.
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The 2021 Ford Mustang will drop some major models and option packages from its lineup, including the Performance Pack Level 2 package, as well as the Bullitt, Shelby GT350, or Shelby GT350R models. However, the lineup will also add the new Mach 1 track-focused variant. In the process, 2021 Ford Mustang prices will increase slightly across the entire lineup.

2021 Mustang vs. 2020 Mustang Pricing Comparison
Trim Level 2021 Ford Mustang 2020 Ford Mustang + / – 2021
Fastback
EcoBoost $27,155 $26,670 +$485
EcoBoost Premium $32,175 $31,685 +$490
GT $36,120 $35,880 +$240
GT Premium $40,120 $39,880 +$240
Bullitt N/A $46,705
Mach 1 $51,720 N/A
Convertible
EcoBoost $32,655 $32,170 +$485
EcoBoost Premium $37,625 $37,185 +$440
GT Premium $45,620 $45,380
Averages $37,899 $36,944
Destination & Delivery
Destination & Delivery $1,195 $1,195

A Ford Authority pricing analysis reveals relatively modest price increases for every 2021 Mustang trim level, at least when it comes to starting MSRP. On average, the 2021 Ford Mustang will be $374.29 more expensive than the 2020 model.

2021 Ford Mustang Mach 1

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For Fastback models, prices will increase by $485 for the EcoBoost trim, with a starting MSRP of $27,155 for the 2021 model year versus $26,670 for 2020. The EcoBoost Premium will see a $490 increase, at $32,175 for the 2021 model year from $31,685 for 2020.

2021 Ford Mustang prices for the GT and GT Premium Fastback models will increase $240, with the GT starting at $36,120 and the GT Premium starting at a $40,120.

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Convertible models will see similar increases. The EcoBoost trim will cost $485 more than last year’s model, while EcoBoost Premium will cost $440 more than it did for 2020 MY. However, the GT Premium will see an increase of $240 to $45,620.

Fortunately, the 2021 Ford Mustang price increases are not unfounded, as they accompanied by the inclusion of the Ford Co-Pilot360 safety suite as standard equipment on all 2021 Mustang models. The package includes the following features:

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  • Auto High-Beam Headlamps
  • BLIS (Blind Spot Information System)
  • Lane-Keeping System, which includes:
    • Lane-Keeping Assist
    • Lane-Keeping Alert
    • Driver Alert
  • Pre-Collision Assist with Automatic Emergency Braking (AEB), which includes:
    • Pedestrian Detection
    • Forward Collision Warning
    • Dynamic Brake Support
  • Rain-Sensing Wipers

We’ll have much more info on the 2021 Ford Mustang soon, including pricing for the Shelby GT500 model, so go ahead and subscribe to Ford Authority for all the latest Ford Mustang news and non-stop Ford news coverage.

Ford Mustang Photos
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Written by Edward Snitkoff

Ed owns a 1986 Ford Taurus LX, and he routinely daydreams about buying another one, a fantasy that may someday become a reality.

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3 Comments

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    • I asked the Mustang team about this, but was given a non-answer kind of answer.

      What I personally assume to be the case – and again, this is my personal thinking – is that there simply isn’t enough demand for a track-focused car like the Mach 1. Those who want a convertible would get the non-Mach 1 Mustang GT, possible with some Ford Racing accessories, if they want it.

      There’s also the issue of the Mustang Convertible being heavier than the Coupe due to the additional structural support. That, in turn, results in a more challenging project when it comes to handling / vehicle dynamics.

      The same situation is seen across town at GM: the Camaro SS 1LE models are only available as coupes, not as convertibles.

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