Folks planning to buy a 2024 Ford Mustang fitted with the revised 5.0-liter Coyote V-8 will have to pay at least $1000 more than previously expected. The price increase is a result of the new seventh-generation pony car getting hit with a gas-guzzler tax, which applies to vehicles that don’t meet federal fuel-economy standards.
Originally, the manual-equipped Mustang GT coupe had a base MSRP of $43,090, but now that jumps to $44,090 after adding the $1000 gas-guzzler tax. This also affects the GT Premium coupe and convertible models, which see their starting prices rise to $48,610 and $54,110, respectively.
The Mustang Dark Horse, which features an enhanced version of the Coyote V-8 and makes 500 horsepower versus GT’s 480-486 ponies, gets hit with an even higher $1300 gas-guzzler tax. That boosts the newly introduced performance model’s base MSRP to $60,895. A Ford spokesperson also told Car and Driver that the base price of the Dark Horse Premium has risen $1400 “due to strong demand.” It now starts at $64,860.
Several of the Dark Horse’s available options will also cost more than originally planned. The list includes the Appearance package (up $250 to $1500), the Handling package (up $495 to $4995), and the carbon-fiber wheels (up $500 to $8995). The 2024 Ford Mustang is slated to go on sale sometime this summer.
Author: Eric Stafford
Source: Car & Driver