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2022 Ford Mustang Gets Price Increases On All V8-Powered Models

The 2022 Ford Mustang ushers in a number of changes for the iconic pony car, including the introduction of new option packages and colors, as well as a 10 horsepower and 10 pound-feet of torque reduction in output for V8-powered models in the U.S. and Canada, as Ford Authority exclusively reported last October. However, it also seems that V8-powered 2022 Ford Mustang models are getting a bit more expensive, in spite of the fact that they’re not quite as powerful as before.

2022 Ford Mustang Price Changes
Trim Level 2022 Ford Mustang 2021 Ford Mustang 2022 +/-
Fastback
EcoBoost $27,205 $27,205 $0
EcoBoost Premium $32,225 $32,225 $0
GT $36,450 $36,285 +$165
GT Premium $40,450 $40,285 +$165
Mach 1 $53,000 $52,400 +$600
Convertible
EcoBoost $32,705 $32,705 $0
EcoBoost Premium $37,725 $37,725 $0
GT Premium $45,950 $45,785 +$165
Destination and Delivery $1,195 $1,195 $0

2022 Mustang GT and GT Premium models – in both fastback and convertible body styles – are getting a $165 price increase for the new model year, while the Mach 1 will be $600 more expensive. It’s unclear if Ford’s 5.0L Coyote V8 is directly responsible for these price increases, but 2022 Mustang models powered by Ford’s 2.3L EcoBoost I-4 are priced the same as last year, while the Mustang’s destination and delivery charge remains unchanged as well.

In addition to these price changes, the 2022 Mustang adds seven new colors to the lineup: Atlas Blue, Brittany Blue, Cyber Orange, Dark Matter Gray, Eruption Green, Mischievous Purple Metallic, and Grabber Blue Metallic. Also new for the 2022 model year are the Ice White Appearance Package, Coastal Limited Package, and Stealth Package, as well as a slightly revised California Special package.

As Ford Authority reported back in November, 2022 Ford Mustang production is already underway at the Ford Flat Rock Assembly Plant, though production was temporarily paused last month – idle time that was directly related to the ongoing semiconductor chip shortage.

We’ll have more on the 2022 Mustang soon, so be sure and subscribe to Ford Authority for more Ford Mustang news and ongoing Ford news coverage.

Brett's lost track of all the Fords he's owned over the years and how much he's spent modifying them, but his current money pits include an S550 Mustang and 13th gen F-150.

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Comments

  1. Mark B

    New option packages and colors a plus, less power a negative.

    Reply
  2. StromSpeed

    Less HP, increased cost. Not exactly the proper relationship. Ford, let’s not keep that trend going please.

    Reply
  3. MattR

    You might have lead with the fact that the increase is less than inflation. Heck, in real terms they all had a price drop!

    Reply
  4. MattR

    @Pete Stein; what the heck does Ford’s less than inflation price hike have to do with Biden? Hey, you going to give Biden credit for all the rest of the models having no price increase? Or are you not man enough for that?

    Why don’t you just leave the comments about Ford’s pricing choices about Ford?

    Reply
  5. Arjay

    To Mr. Stine Ron White the comedian has a saying (You can’t fix stupid)

    Reply

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