Ford Authority

2024 Ford Mustang Pricing Officially Revealed

The all-new, 2024 Ford Mustang was revealed last September as the next generation of the iconic pony car, one that represents more than just a simple refresh. With new exterior styling, a brand new cockpit, a revamped engine lineup, and the addition of a new, range-topping variant – the Dark Horse – customers certainly have a lot to look forward to, much of which is common knowledge at this point. However, one thing that wasn’t immediately clear was just how much the 2024 Ford Mustang will cost, at least until now.

2024 Ford Mustang Pricing
2024 Ford Mustang MSRP 2023 Ford Mustang MSRP + / – 2023 Price
EcoBoost Fastback $30,920 $27,770 +$3150
EcoBoost Premium Fastback $36,445 $32,795 +$3650
EcoBoost Premium Convertible $41,945 $38,295 +$3650
GT Fastback $41,495 $38,345 +$3150
GT Premium Fastback $46,015 $43,365 +$2650
GT Premium Convertible $51,515 $48,865 +$2650
Dark Horse Fastback / Mach 1 $57,970 $56,570 +$1400
Destination N/A $1,495 N/A

First off, it’s worth noting that 2024 Ford Mustang pricing has increased across the board when compared to the current-gen 2023 model, ranging from $2,650 for the GT Premium to $3,650 for EcoBoost Premium models. That means the cheapest new pony car – the EcoBoost Fastback – costs $30,920, while the least expensive V8-powered model is the GT Fastback at $41,495. Meanwhile, as Ford Authority originally reported early this month, the Dark Horse costs $57,970, which is $1,400 more than the outgoing Mach 1.

Aside from new styling and tech features, the 2024 Mustang lineup is also getting more in the way of output, as Ford Authority reported back in December. Base models are powered by what is essentially a brand new version of the turbocharged Ford 2.3L I4 EcoBoost cranking out 315 horsepower and 350 pound-feet of torque, though that engine can no longer be paired with a manual transmission – only the 10-speed automatic.

As for the GT, it’s powered by a revised version of the naturally-aspirated, next-generation Ford 5.0L V8 Coyote, making 480 horsepower and 415 pound-feet of torque, or 486 horsepower and 418 pound-feet with the optional active exhaust system. The Dark Horse features the same Coyote powerplant, but cranks out 500 horsepower and 418 pound-feet of torque.

2024 Ford Mustang Dark Horse Carbon Fiber Wheels

The all-new, redesigned 2024 Ford Mustang will continue to be produced at the Flat Rock Assemblyplant in Michigan, and is currently scheduled to launch in the U.S. in the summer of 2023, followed by Europe later next year.

We’ll have more on the S650 Mustang soon, so be sure and subscribe to Ford Authority for more Ford Mustang news and non-stop 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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  1. c

    I keep seeing people compare this to a SS 1LE, which probably isn’t even close to this in terms of performance.

    1. Jeff

      People are likely comparing on track performance to the SS 1LE since that model is and has been the leading competitor to the Mustang GT/GT350/Mach 1 on track. Camaro led the way, but the Mustang has closed the gap in recent years. I don’t own the Camaro, fyi, but its chassis is far superior to the S550.

      1. Zviera

        Agreed. GM did a great job on the Camaro, great motor, great chassis. Too bad they are killing it off. All the reason to appreciate that Ford keeps updating the Mustang.

      2. Richard Jones

        Force superior than the it’s S550.
        Then why did GGM stop
        the production of the Camaro, is it because of the sales? Where is the Camaro now question? The. Mustang is still going strong while the Camaro is about to disappear.

  2. TangledThorns

    Any guesses when FORD will go full DODGE and announce the last ICE Mustangs? My guess is by 2025 they will make that announcement.

  3. Rosco

    With little or no dealer or factory discounts (or even dealer markups) in 2023 and the increased costs of a loan and insurance, a Mustang is an expensive toy, not the “affordable” sports car it used to be. I will not be surprised to see the manual trans also dropped from the V8 in a few years since a low percentage of Mustangs are sold with the manual. Sadly, these prices will look low by the time an EV Mustang is for sale. I predict a 2028 EV Mustang coupe will be at least $60K.


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