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What’s more American than a Ford Mustang? It would have to be a convertible Mustang. What’s more for ‘Stang fanatics, the 2024 Ford Mustang Convertible starts the pony car’s seventh generation with an EcoBoost and GT variant. So, how much is a fully loaded drop-top Mustang?

Which 2024 Mustang models are available as a convertible?

The 2024 Ford Mustang Convertible is available in the EcoBoost, EcoBoost Premium, and GT Premium trims. However, enthusiasts who want a manual Mustang EcoBoost with a drop top are out of luck; Ford dropped the row-your-own option for the EcoBoost in 2024. 

Further, Ford hasn’t indicated that the standard GT will offer a convertible top as of this writing. That’s a shame for fans who want a budget-friendly V8-powered Mustang; the GT Premium Convertible starts at $10,025 more than the GT Fastback. 

How much will the 2024 Mustang convertible cost?

A set of 2024 Ford Mustang EcoBoost and GT Convertibles and Coupes drive on an open road.
A lineup of 2024 Ford Mustangs | Ford

Unfortunately for shoppers with their eyes on a 2024 Ford Mustang Convertible, every drop-top adds to the base price, especially on the base-model EcoBoost.

Convertible trimStarting price
EcoBoost Convertible$39,020
EcoBoost Premium Convertible$41,945
GT Premium Convertible$52,515

The EcoBoost Convertible on the seventh-gen platform adds around $8,100 to the base model, a staggering ask. Furthermore, the EcoBoost Premium and GT Premium Convertibles demand an additional $5,500 over the EcoBoost Premium and the GT Premium Fastbacks, per Hagerty

Not only does every Mustang trim get a price bump for 2024, but upgrading to a drop-top costs more for each available trim. The swollen price tags also reveal that the most affordable V8 Mustang with a convertible top now demands over $50,000. What’s more, a fully loaded GT Premium Convertible can swell the model’s pricing with options like the $1,595 10-speed automatic transmission. As a result, a fully loaded GT Convertible could cost over $70,000. 

What is the difference between the 2024 and 2023 Mustang?


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The 2024 Ford Mustang gets a new lease on life for the next generation. In addition to fascia updates like squinted, tri-bar headlights, the Mustang gets a more prominent maw and aggressive creased rear-end styling. Additionally, the Mustang’s interior receives a welcomed update with larger infotainment and digital display screens.

Moreover, the new Mustang gets a power bump, producing as much as 486 horsepower in the GT and 500 ponies in the all-new Dark Horse

Will the 2024 Mustang Dark Horse come in a convertible?

Like the 2023 Mach 1, the range-topping 2024 Ford Mustang Dark Horse and Dark Horse Premium will not be available as a convertible. Instead, both track-ready models will be hardtop coupes only. 

Still, the omission of a drop-top makes sense; the added rigidity of a coupe promises to handle track work better than a convertible.

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