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The new seventh-generation Ford Mustang is on the way. Despite its controversial looks, it’s a welcome installation in a dwindling muscle car market. However, the upcoming S650 Mustang comes with a price bump and no Shelby variant yet. Still, here’s what you can expect from the 2024 Ford Mustang and its trims, like the Coyote-powered GT and Dark Horse. 

Is the 2024 Mustang all-new?

The all-new 2024 Ford Mustang lineup gets a design refresh inside and out for the seventh-generation pony car. Most notably, the new Mustang’s interior ditches the long-winded S550’s cockpit layout, opting for a cleaner, more screen-dependent application. 

Gone is the retro-throwback double-bubble dash in favor of an available 13.2-inch center stack that blends into a 12.4-inch digital display. On the outside, much of the S550’s grand tourer proportions remain, even though the seventh-gen ‘Stang wears an exterior design refresh. Its new squint, tri-bar headlamps, and creased taillamps might be polarizing with a hint of Chevrolet Camaro, but it still represents continuity for the gas-powered pony car. 

Will the 2024 Mustang have an EcoBoost trim?

The entry-level 2024 Ford Mustang will continue to be the EcoBoost. The S650 EcoBoost will be the second iteration of the gas-sipping pony car after its 2015 launch. Moreover, it will continue to pack the turbocharged 2.3L EcoBoost engine, this time with 315 horsepower and 350 lb-ft of torque. 

A pair of new S650 Ford Mustangs show off their updated styling.
A pair of S650 Mustangs | Ford

In addition to the base EcoBoost, Ford will offer an EcoBoost Premium Coupe and Premium Convertible. Unfortunately, the new EcoBoost and Premium will go without the Getrag-sourced MT82 six-speed manual transmission. Instead, the 10-speed automatic transmission will be the only gearbox option in the new Enviro-Stang, according to Car and Driver

Will the 2024 Mustang have a V8?

Fans can rejoice; the new 2024 Ford Mustang GT will pack a V8 option. Specifically, the S650 will carry over the 5.0L Coyote V8 engine from the previous two Mustang generations. However, this time the V8-powered GT trims will produce 480 horsepower and 486 horsepower with an adaptive exhaust system.

It’s not just the next evolutionary step for the V8-powered pony car; it’s the most powerful Mustang GT ever.   

A blue 2024 Ford Mustang GT shows off its new looks and spoiler.
2024 Ford Mustang GT | Ford

How much will the new 2024 Mustang cost?

The new 2024 Ford Mustang lineup will start with the entry-level EcoBoost and culminate with the performance-oriented Dark Horse. 

  • EcoBoost Coupe- $32,515
  • EcoBoost Premium Coupe- $38,040
  • EcoBoost Premium Convertible- $43,540
  • GT Coupe- $43,090
  • GT Premium Coupe- $47,610
  • GT Premium Convertible- $53,110
  • Dark Horse- $59,565

Every carryover trim in the EcoBoost and GT lineup gets a price bump, in some cases as much as $3,650. Although the new 500-horsepower 2024 Ford Mustang Dark Horse is an all-new nameplate, it starts at around $1,400 more than the previous performance-oriented benchmark, the 2023 Mach 1

Is the new Mustang worth it?

The new Ford Mustang might split fans and critics with its styling update, but it has some serious redeeming points. For instance, the new interior incorporates more advanced technology than the outgoing ‘Stang, like the Ford Sync 4 system. Moreover, while the Dodge Challenger is heading out of production, the Blue Oval will produce a gas-powered V8 muscle car for another generation.


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