Skip to main content


The new 2024 Ford Mustang lineup will feature a new EcoBoost for the seventh-generation model. However, the Enviro-Stang gets a price bump for the upcoming S650 Mustang model, and some fans might not be enthused to pay the difference. So, how much does a fully-loaded 2024 Ford Mustang EcoBoost like the Premium Convertible cost? Furthermore, is it worth it?  

How much is a fully-loaded 2024 Ford Mustang EcoBoost? 

A fully-loaded 2024 Ford Mustang EcoBoost Premium, the higher of the model’s two trims, starts at $36,445. Adding a convertible top to the equation will demand an additional $5,050. 

That represents a sizable jump from the EcoBoost base, which starts at around $30,920. Unlike the previous iteration, fans won’t be able to snag a non-Premium EcoBoost Convertible, per Car and Driver. As a result, pony car fans who want a drop-top will have to contend with the EcoBoost Premium Convertibles’ starting point, which breaks the $40,000 threshold. 

A bright red Ford Mustang GT Convertible shows off its drop top by the coast.
A new Ford Mustang Convertible | Ford

What is the Mustang EcoBoost Premium package?

The new S650 Ford Mustang EcoBoost Premium adds more technology and amenities to the base model. Specifically, Ford says the Premium gets the new 13.2-inch curved glass display that blends into its 12.4-digital display. Moreover, the Premium gets wireless device charging and dual-zone climate control. 

How much is a 2024 Mustang EcoBoost Convertible?

While there is no base model, non-Premium convertible offering for the new S650 Mustangs, the 2024 Ford Mustang Premium Convertible starts at $41,945. 

The trans-generational price bump increases the Premium Convertible’s starting point from $38,295 for the 2023 model, a $3,650 increase. Moreover, the previous model year offered a non-Premium Convertible, so fans who wanted a budget-friendly convertible could opt for a 2023 EcoBoost Convertible for around $8,675 less than the S650 model. 

What is special about the EcoBoost Mustang?

The 2024 Ford Mustang EcoBoost is a more efficient pony car than its V8-powered GT sibling. Moreover, the EcoBoost’s starting point makes it a more affordable option for sports car fans who don’t have a Coyote V8 on their shortlist. 

A gray 2024 Ford Mustang EcoBoost Premium blasts down a road next to a park.
2024 Ford Mustang EcoBoost | Ford

The Ford Mustang EcoBoost Tops Cheapest Fast Cars List

Is a Mustang EcoBoost Premium worth it?

The upcoming 2024 EcoBoost Premium is cheaper and more efficient than the more powerful GT, offers a convertible option, and packs much more technology than its predecessor. Moreover, with the Chevrolet Camaro and Dodge Challenger heading out of production, the EcoBoost is in a dwindling segment. 

However, with a significant lineup-wide price bump and lack of non-Premium convertibles, the Mustang has never been more expensive. Moreover, the EcoBoost lost its manual transmission option for the S650 generation, so fans who want an affordable driver’s car might want to check out the Toyota GR86 or Subaru BRZ for grab-a-gear driving.