Ford just announced pricing on the 2024 Mustang and the entire lineup is getting more expensive. The entry-level EcoBoost starts out at $32,515 and prices reach as high as $59,565 for the top-end 500 hp Dark Horse, each including destination fee. Here’s a full breakdown of what Ford says the Mustang is worth.
At $32,515 ($30,920 before destination), the new base-level Mustang is about $3k more than it was but Ford points out that it now comes standard with a ten-speed automatic. That gearbox was a $1,595 option until now. Buyers who want a stick shift will need to get a V8 Mustang but we’ll come back to that.
The EcoBoost Premium Fastback costs $38,040 and includes approach and farewell lighting along with a curved glass display. Go for the convertible version and you’ll be looking at an MSRP of $43,540. Keep in mind that we’re still talking about a four-cylinder Mustang with 315 hp (234 kW).
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The base V8 Mustang GT with its 480 hp (357 kW) is actually a bit cheaper (at least on paper) with an MSRP of $43,090. It comes standard with a six-speed manual transmission and rev-matching. Above it is the GT Premium Fastback with ambient interior lighting and aluminum pedals for $47,610. The drop-top version runs $53,110.
At the top of the herd is the Dark Horse with its 500 hp (372 kW) V8 for $59,565 ($57,970 before destination and delivery fees). That’s only $6,530 less than a base Corvette. Sure, they’re two very different sports cars but it’s amazing how close they are in terms of pricing at this point.
Comparing these prices to Chevrolet’s Camaro doesn’t paint this pony in the brightest of lights. The base Camaro has an MSRP of $27,795 and the closest thing to a Dark Horse, the SS 1LE comes in at $48,295. Sure, it only makes 455 hp (339 kW) while the Mustang makes 500 but the Camaro has more torque, 455 lb-ft (616 Nm) compared to the pony with its 418 lb-ft (566 Nm). We hope we get to compare them later this year.
Of course, we don’t necessarily expect to see all too many Mustangs, especially the top trim levels, go for MSRP. Ford dealers have relentlessly marked up other desirable models like the Bronco and F-150 Lightning. We expect much of the same with the Dark Horse and the Mustang GT.
