2024 Ford Mustang Pricing and Specs Confirmed : A Thrilling Blend of Tradition and Innovation

Jacob Brooke
October 26, 2023
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Ford Australia has announced the pricing and specification details for the seventh-generation Ford Mustang, offering three models to choose from: the EcoBoost, GT, and the brand-new Mustang Dark Horse. Each model brings something unique to the table, ensuring there's a perfect Mustang for every driving enthusiast.

The EcoBoost is powered by a 2.3-litre EcoBoost turbocharged four-cylinder engine and is available with a Fastback body style. The GT model, available in Fastback or convertible body style, features a 5.0-litre V8 engine with a choice of a six-speed manual or ten-speed automatic transmission. The GT model is also available as a convertible with an automatic transmission.

GT Fastback in Grabber Blue

One of the highlights of the new Mustang lineup is the Dark Horse Special Edition. This new performance nameplate offers a unique TREMEC® six-speed manual transmission or an automatic transmission, with only 1,000 units being made available for Australia. The Dark Horse is powered by a 5.0-litre V8 engine that delivers an exhilarating 349kW and 548Nm of torque.

New Mustang Dark Horse Special Edition

The seventh-generation Mustang incorporates modern design elements while retaining its classic Mustang cues. The LED headlamps, sleek roofline, and broad sprinting stance are all reminiscent of the first-generation Mustang, showcasing the perfect blend of tradition and innovation. The interior of the new Mustang is equally impressive, featuring a completely redesigned cockpit that includes two curved displays and a fully immersive digital experience.

Completely redesigned cockpit featuring dual curved displays

With the addition of new engine technologies, the Mustang promises an even more thrilling driving experience. The fourth generation Coyote 5.0L V8 engine has been revised to maximize power, while the updated 2.3L EcoBoost engine features a range of enhancements to improve performance. Furthermore, the new Mustang comes equipped with an Electric Park & Drift Brake, Active Valve Performance Exhaust, and track apps to enhance the driving experience.

The 2024 Ford Mustang lineup starts at $64,990 MLP* for the EcoBoost Fastback model and goes up to $103,002 MLP* for the Dark Horse Automatic. First customer arrivals are scheduled for Q2 2024.

GT Fastback in Vapour Blue

Model grades:

  • EcoBoost
Mustang EcoBoost in Carbonised Grey
  • GT
GT Convertible in Fast Red
  • Mustang Dark Horse
2024 Ford Mustang Dark Horse

Quick Specs

  • EcoBoost: 2.3L turbo four-cylinder engine, Fastback body style
  • GT: 5.0L V8 engine, available in Fastback or convertible body style, six-speed manual or ten-speed automatic transmission
  • Dark Horse: 5.0L V8 engine, TREMEC® six-speed manual or automatic transmission, 349kW, 548Nm of torque

Pricing

  • EcoBoost Fastback: $64,990 MLP*
  • GT Fastback (MT): $77,002 MLP*
  • GT Fastback (AT): $80,902 MLP*
  • GT Convertible (AT): $86,752 MLP*
  • Dark Horse (MT): $99,102 MLP*
  • Dark Horse (AT): $103,002 MLP*

*Recommended MLP only, including Luxury Car Tax where applicable. The offer price of any vehicle or option is entirely at the discretion of the Dealer. Prices shown exclude Dealer delivery and statutory charge.

Options and Pricing for 2024 Mustang

Prestige Paint:

  • Manufacturer List Price (Inc. GST): $700
  • Manufacturer List Price (Inc. GST, Inc. LCT): $910
Rapid Red Prestige Paint Option - $700 (incl. GST)

Black Pack:

  • Manufacturer List Price (Inc. GST): $1,500
  • Manufacturer List Price (Inc. GST, Inc. LCT): $1,950
GT Fastback with Black Appearance Pack

EcoBoost Appearance Pack:

  • Manufacturer List Price (Inc. GST): $1,500
  • Manufacturer List Price (Inc. GST, Inc. LCT): N/A
EcoBoost with Carbonised Grey

GT Appearance Pack:

  • Manufacturer List Price (Inc. GST): $1,500
  • Manufacturer List Price (Inc. GST, Inc. LCT): $1,950

Dark Horse Appearance Pack:

  • Manufacturer List Price (Inc. GST): $2,750
  • Manufacturer List Price (Inc. GST, Inc. LCT): $3,575
Dark Horse Mustang

Recaro Sports Seats (Available on some models):

  • Manufacturer List Price (Inc. GST): $2,950
  • Manufacturer List Price (Inc. GST, Inc. LCT): $3,835

MagneRide® Suspension (Available on some models):

  • Manufacturer List Price (Inc. GST): $2,950
  • Manufacturer List Price (Inc. GST, Inc. LCT): $3,835
MagneRide Suspension

Note: Prices are based on the recommended Manufacturer List Prices (MLP) for 2024 Mustang Options. LCT refers to Luxury Car Tax.

Exterior Paint - Model Availability

Exterior Colours - MLP (Incl. GST. Excl. LCT):

Oxford White (No Cost Option):

  • Available for GT, EcoBoost, and Dark Horse models.

Race Red (No Cost Option):

  • Available for GT, EcoBoost, and Dark Horse models.

Shadow Black (Prestige Paint - $700):

  • Available for GT, EcoBoost, and Dark Horse models.

Vapour Blue (Prestige Paint - $700):

  • Available for GT, EcoBoost, and Dark Horse models.

Blue Ember & Dark Horse Appearance Pack (Prestige Paint - $700):

  • Exclusive to the Dark Horse model.

Atlas Blue (Prestige Paint - $700):

  • Available for GT, EcoBoost, and Dark Horse models.

Grabber Blue (Prestige Paint - $700):

  • Available for GT, EcoBoost, and Dark Horse models.

Dark Matter Grey (Prestige Paint - $700):

  • Available for GT, EcoBoost, and Dark Horse models.

Carbonised Grey (Prestige Paint - $700):

  • Available for GT, EcoBoost, and Dark Horse models.

Iconic Silver (Prestige Paint - $700):

  • Available for GT and EcoBoost models.

Rapid Red (Prestige Paint - $700):

  • Available for GT and EcoBoost models.

Yellow Splash (Prestige Paint - $700):

  • Available for GT and EcoBoost models.

Note: Dark Horse Appearance Pack is available on Shadow Black and Vapour Blue,
Blue Ember prestige paint is only available when Dark Horse Appearance Pack is optioned

*Recommended MLP only, excluding LCT. The offer price of any vehicle or option is entirely at the discretion of the Dealer. Prices shown exclude Dealer delivery and statutory charges.

Jacob Brooke
Jacob Brooke, a respected voice in the world of automotive journalism, brings a wealth of knowledge and insights to his reviews at CarSauce. His keen eye for detail and passion for all things cars shine through in his in-depth analysis and honest evaluations of the latest models of cars. Join him as he guides readers through the car-buying process and explores the exciting world of motoring.

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