US pricing for the 2024 Ford Mustang has provided a guide of how much Australian buyers can expect to fork out for the new-generation muscle car later this year.
The 2024 Ford Mustang has been priced in the US, giving Australian buyers an indication of how much they can expect to pay for the muscle car when local deliveries begin in the second half of 2023.
Based on calculations by Drive – using US prices as a guide – the entry-level Ford Mustang four-cylinder could start from about $58,000 plus on-road costs, while the flagship model could cost as much as $90,000.
This equates to a price rise of about seven per cent for the four-cylinder, and eight per cent for the GT V8.
The prices above are extrapolated from US and Australian pricing for the outgoing Ford Mustang range – which has been available locally since 2015 – and confirmed prices for the new model in North America.
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In the US, the outgoing Ford Mustang EcoBoost Premium starts from $US33,420 ($AU49,450) in its home market – while the new model will be priced from $US36,445 ($AU53,930), as reported by Jalopnik.
Applying this difference of approximately seven per cent to the Australian price for the outgoing four-cylinder ‘High Performance’ model – $52,990 plus on-road costs – brings the estimated Australian price for the new model to $57,800 plus on-road costs, up more than $7000.
Next in the range, the outgoing Mustang GT Premium – equivalent to the Australian-delivered GT – was priced from $US42,000 ($AU60,500) in the US, while the new GT Premium costs $US46,015 ($AU68,100).
This price rise of about eight per cent indicates a projected Australian price of $73,500 plus on-road costs for the new model – a significant increase from the $65,290 plus on-road costs of the outgoing Mustang GT in Australia.
The optional convertible variants of the two model grades incurs a $US5500 ($AU8140) premium in the US. In the outgoing Ford Mustang range, Australian buyers were charged an extra $6300 (High Performance) or $7700 (GT) for the soft-top option.
Leaked information posted to the Mustang7G Forum has also shown the Ford Mustang’s 10-speed automatic transmission will remain as a cost option in the US, setting buyers back an extra $US1500 ($AU2220) compared to the six-speed manual.
In Australia, the outgoing Ford Mustang was available to be ordered with an automatic transmission for a $3000 premium.
As previously reported, the Ford Mustang Dark Horse will serve as the muscle car’s new flagship variant, with its US price of $US57,970 ($AU85,780) translating to an Australian price of $90,000 plus on-road costs and options.
This represents a price rise of about $7500 in Australia compared to its indirect predecessor, the Mustang Mach 1, which was listed from $83,365 plus on-road costs.
As previously reported, the 2024 Ford Mustang range is due to arrive in Australia between July and September 2023, pending any delays.
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