02-20-09: Ford has announced that the price of the new 2010 Mustang, due to hit dealership lots by the Mustang’s 45th birthday will start under $21,000.
The Mustang V6 coupe will start at $20,995 and $25,995 for V6 the convertible. The 4.6 liter V8 powered GT coupe base price is $27,995; the GT convertible starts at $32,995. This keeps the Mustang as the most affordable of the pony cars which include the Chevy Camaro and Dodge Challenger which cost between $1,000 and $2,600 more for their base models.
The Shelby GT500 Coupe came up significantly in price with an MSRP of $46,325, the GT500 Convertible starts at $51,225. This is pretty reasonable when you consider you are getting a mechanical twin to the 2009 GT-500KR which has an $80,000 price tag.
“More than 9 million customers have made Mustang one of the world’s most beloved automotive and cultural icons,” said Ken Czubay, Ford's vice president of U.S. Sales and Marketing. “Making sure this modern legend lives up to their expectations has been our driving force to create the best Mustang ever. Not only is this the best Mustang ever, it’s also the best bang for the buck for our customers.”