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Detroit just hosted the 2024 Ford Mustang reveal where the marque unveiled the S650-generation car to an attentive crowd. It’s not a dramatic departure from the outgoing S550, but Ford updated it where it counts. Ford just revealed new looks, new performance, and a new interior; this is a big moment for America’s sweetheart car. Here’s what you should know about the brand new seventh-generation Ford Mustang following its big Detroit reveal.  

Will the next Mustang be a V8?

The herds of pony car fans can rejoice; the 2024 Ford Mustang will offer a V8 engine. That was a concern for many muscle car fans, given Dodge and Chevrolet’s decision to discontinue their tire-shredding V8s. Instead, the 2024 Mustang GT will equip a 5.0L Coyote V8, not unlike the outgoing S550 generation GTs. However, the new Coyote will pack over 480 horsepower compared to the 460 of previous model years. 

The new 2024 Ford Mustang reveal unveiled the new GT.
2024 Ford Mustang GT | Ford

Still, if you want your seventh-generation pony car to sip fuel rather than guzzle it, you can opt for an EcoBoost. That’s right, enviro-fans, The Blue Oval will offer a next-generation EcoBoost with a derivation of the 2.3L turbocharged four-cylinder engine. Of course, Ford’s beloved sports car will continue to offer a convertible. Also, Ford announced the Dark Horse, a 500-horsepower Coyote-powered track day spiritual successor to the GT350 and Mach 1

Did Ford update the Mustang?

Ford updated the Mustang’s interior, power, transmission, and exterior styling, to name a few. First, the marque updated the exterior styling with three-chambered and squinted headlights, a chamfered nose, and more pronounced vents. Moving back, the profile of the seventh-gen car reveals a low, aggressive shape; it’s quite the departure from angular pony cars of yesteryear. Finally, the new Mustang keeps three-chambered taillights, albeit with a folded appearance. 

The new Ford Mustang S650 shows off its new interior.
The new Mustang’s interior | Ford

Ford also gave the long-winded cockpit a new lease on life with a jet-fighter-inspired cockpit. The 2024 Ford Mustang reveal unveiled a wide single-piece digital display, a Sync 4 infotainment system, and (get this) a selectable Fox Body-inspired gauge display. Moreover, Ford equipped the new Mustang with an Electronic Drift Brake, so owners can slide like the pros. Finally, and perhaps the most unnecessary addition to the new S650, is Remote Rev, a feature that allows drivers to rev their Mustangs from their key fobs. 

How much does a 2024 Ford Mustang cost?

The new Ford Mustang will likely start at around $30,000 for the entry-level EcoBoost. Prices rise for the V8-powered GT; Car and Driver estimates it will start at around $40,000. Those values put the upcoming pony cars near the S550 models they replace. 

The new S650 2024 Ford Mustang reveal unveiled a redesigned exterior.
2024 Ford Mustang GT | Ford

When can you buy a 2024 Ford Mustang?

The new Mustang is a 2024 model year vehicle, so prospective customers should expect to get their hands on the latest Ford Mustang next year. In the meantime, the after-market sector can prepare for the next generation of tunable pony cars just begging to be modified. Furthermore, famed Mustang-modders Shelby, Roush, RTR, and more will undoubtedly flock to the new S650 with their sights set on high horsepower. 

Whether you’re excited after the 2024 Ford Mustang reveal or not, the new S650 is an essential chapter in the car’s evolution. The new car will almost certainly be the final internal combustion engine (ICE) Mustang ever. It’s a bittersweet affair; we have hybrid and electric muscle cars to anticipate eagerly, but we’re also watching the book close on the sound and sensations of a naturally-aspirated V8 pony car. 

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