- Ford has released pricing for the 2024 Mustang, which starts at $32,515 and ranges up to $59,565 for the Dark Horse performance model.
- The V-8–powered GT is $43,090, a $3370 increase from last year's equivalent model.
- Ford says the 2024 models will start arriving at dealerships this summer.
Ford can easily claim that the 2024 Mustang is the newest pony car on the block, but you'll pay a pretty penny for the updated model compared with its aging crosstown rival, the Chevy Camaro. As first reported by our colleagues at Road & Track, the 2024 Mustang will get a price bump, with the base EcoBoost model starting at $32,515, the V-8 GT starting at $43,090, and the new 500-hp Dark Horse performance model starting at $59,565.
The 2023 Camaro, meanwhile, starts at well under $30,000 for a base four-cylinder model and can be had with a V-8 for under $38,000. The comparison with the Camaro's 1LE track-oriented performance model is even more unflattering for the Ford, as the 1SS 1LE starts more than $11,000 cheaper than the Dark Horse; even when looking at the better-equipped 2SS 1LE, the difference is still more than $6000. To be fair, the Ford does have more power, as its revised 5.0-liter Coyote V-8 now makes 500 horsepower and 418 pound-feet of torque to the Camaro's 6.2-liter V-8's 455 hp and 455 pound-feet of torque. We look forward to pitting the two against each other as soon as we can get our hands on a Dark Horse.
These Mustang prices are all up a few thousand dollars compared with last year, although the lineup has shifted somewhat so that the base prices aren't equivalent. The 315-hp EcoBoost model, for instance, now comes standard with the previously optional 10-speed automatic transmission. A six-speed manual is only available on the V-8 cars.
Both the EcoBoost and the GT are available in a Premium trim level that adds extra equipment. It costs $5525 more for the EcoBoost and $4520 more for the GT. The convertible is only offered with the Premium trim, meaning an EcoBoost convertible starts at $43,540 and a GT convertible starts at $53,110.
Ford says that 2024 Mustang models will be arriving at U.S. dealerships starting this summer.
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Despite being raised on a steady diet of base-model Hondas and Toyotas—or perhaps because of it—Joey Capparella nonetheless cultivated an obsession for the automotive industry throughout his childhood in Nashville, Tennessee. He found a way to write about cars for the school newspaper during his college years at Rice University, which eventually led him to move to Ann Arbor, Michigan, for his first professional auto-writing gig at Automobile Magazine. He has been part of the Car and Driver team since 2016 and now lives in New York City.