The Ford Mustang is easily one of the most iconic and recognizable cars of all time. It kick-started the pony-car class in the mid-1960s and has been democratizing performance for generations of Americans ever since. But while the future of its competitors, the Chevy Camaro and the Dodge Challenger, looks in doubt, the Mustang is set to receive an all-new generation in the next few years—the seventh since the pony car debuted in 1964. There has not been much yet in the way of official information from Ford, but Mustang prototypes have been spied testing, showing rakish bodywork and an athletic stance. The Mustang should continue with a range of internal-combustion engines, but don’t be surprised to see a hybrid or even electric version down the line.
What's New for 2024?
The Mustang will enter its seventh generation in 2024 and is expected to bring a fresh design, although not much can be determined from the heavily camouflaged prototypes that have been spotted testing. The 2024 Mustang will likely ride on an updated version of the current car's platform, and expect some of the same engines to carry over. The next generation Mustang will be revealed on September 14th, 2022 at the North American International Auto Show in Detroit.
Pricing and Which One to Buy
The Mustang is expected to continue offering a four-cylinder EcoBoost engine, as well as a V-8 in the GT model. We estimate the former will start around $30,000 and the latter at $40,000. While we won’t know specifics of each trim until the 2024 Mustang debuts, it would be hard not to recommend the top-dog GT. A Mustang with a V-8 engine just feels right, bringing more performance and an ear-pleasing growl. Plus, it may be the last chance to buy a new V-8–powered Mustang, as future generations of the muscle car may focus on EV or hybrid powertrains.
Engine, Transmission, and Performance
There are no official specifications available ahead of the 2024 Mustang’s official reveal, but the seventh-generation Stang is expected to feature a similar engine lineup to the current model. We predict the base model will continue to be powered by a turbocharged EcoBoost inline-four, while a Ford official recently said that Ford will continue to offer a V-8 and that the company is looking at an electrified model. A manual transmission will be offered, but an automatic transmission will most definitely continue to be available for drivers who'd prefer not to shift for themselves.
As more information becomes available, we'll update this story with more details about:
- Fuel Economy and Real-World MPG
- Interior, Comfort, and Cargo
- Infotainment and Connectivity
- Safety and Driver-Assistance Features
- Warranty and Maintenance Coverage