As one of the most iconic muscle nameplates in the world (and in the industry), it’s only logical if people are wondering about the upcoming 2024 Mustang GT price. With the modernization and the possible electrification, it’s possible that the muscle ride would be set at a higher price tag. So, we are going to discuss further about the 2024 model updates, together with the predicted trim levels and price ranges.
The Updated Plan
Ford is planning on launching the seventh gen of their Mustang sporty ride. They are planning on maintaining the familiar design and style while refreshing and updating the overall style. They plan on maintaining the same style, focusing on the new interior, working on the two powertrain (an improved one), and revising the chassis hardware. They are working extra hard to focus on the development because the future doesn’t seem overly bright for them – as well as other competitors: Dodge Challenger and Chevrolet Camaro.
Trim Levels and Price
There would be several trim levels being offered for the new Mustang 2024 along with the 2024 Mustang GT price. The base one would be the EcoBoost with the ‘lowest’ price range of $30,000. The second one would be the EcoBoost Premium with a tag of $35,000. Afterwards, there would be the Gt with a tag of $40,000. The next one in line would be GT Premium with a tag of $45,000. And the last one, and being the highest trim level, would be the Dark Horse with a whooping price of $58,000.
The EcoBoost base would be coming with four cylinder turbocharged unit, while the V8 would be utilized in the GT. There are no specific details about each trim, so we should wait for further release. Although the turbocharged and V8 units have the same performance, having the V8 is somewhat more pleasant. Not only it’s able to deliver punchier performance, but the growl would be more pleasant too. And if you are looking for manual transmission, this would be the only unit offering such a thing.
Powertrain and Performance
The new Mustang would be coming with the EcoBoost four cylinder turbocharged unit with 2.3 liter capacity that can generate 315 hp and 350 Nm of torque. When compared to the pervious Mustang, the new Mustang gets 5 hp bumps. It is somewhat still behind the last gen of EcoBoost Performance that generates 330 hp.
Each Mustang EcoBoost would be paired up with auto 10 speed transmission, but only the GT (which is running on V8 unit with 5.0 liter capacity, gets manual 6 speed transmission as the standard. The last gen of Coyote with V8 would generate 450 hp and 420 Nm of torque, but this engine is somewhat rated with 480 hp and 415 Nm of torque. According to Ford, the optional (performance) output would be boosted to 486 hp and 481 Nm of torque.
Moreover, the Dark Horse, which is designed for the track with performance inspiration from the GT would be running on V8 unit with 5.0 liter capacity to generate 500 hp. It would be paired up with auto 10 speed transmission or the manual 6 speed transmission. According to the company, this engine is inspired from the Shelby GT500 with its 760 hp, and it gets a better intake system.
Final Words
EPA hasn’t stated anything about the 2024 fuel economy, but just for reference, the last Mustang model gets 21 mpg for the city and 32 mpg for the highway, and it’s with four cylinder turbo unit and auto 10 speed transmission. But for the V8, it’s coming with 15 mpg for the city and 24 mpg for the highway. If everything goes as planned, the new Mustang would be coming in summer 2023. With the available info of 2024 Mustang GT price and the possible launch date, we only need to wait for the official launch.