The new Ford Mustang will cost half what it did a decade ago when it goes on sale later this year but Australians will still pay thousands of dollars more than US buyers for the exact same car.
Ford Australia has confirmed the starting price for the new Mustang range is $44,990 plus on-road costs. The price is a little more than half the cost of the 2001 Ford Mustang, which was $85,000 for a coupe and $89,000 for a convertible. But there are a couple of caveats. The $44,990 price is for the four-cylinder version of the new Mustang; the V8 that most buyers will want is $54,990 plus on-road costs. In both cases Australians are paying up to $20,000 more than buyers in the US, where the four-cylinder is listed for sale on the Ford website from $US25,300 and the V8 from $US32,300. The US prices don’t include state taxes and dealer delivery fees but even taking those into account there is still a large gap.
Ford fans don’t seem to mind, with 700 confirmed paid deposits for the new Mustang with a further 15,000 “expressions of interest” from prospective buyers, says Ford Australia. Furthermore, the new Ford Mustang is cheaper than the last iconic two-door muscle car sold locally, the Holden Monaro.
The first shipments of the new Mustang — the first to be made in right-hand-drive on a Ford production line — are due to arrive in local showrooms before December.
Four-cylinder manual: $44,990
Four-cylinder automatic: $47,490
5.0-litre V8 manual: $54,990
5.0-litre V8 automatic: $57,490
Four-cylinder automatic: $53,990
5.0-litre V8 automatic: $63,990
2.3-litre turbo four-cylinder (233kW/432Nm)
5.0-litre V8 (303kW/525Nm)
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