The 2024 Ford Mustang: Everything You Need to Know

Ford calls it edgy and disruptive. We’d call it exactly what Mustang buyers want.

with sinister looks and a specially modified 50 liter v8 – the most powerful 50 liter v8 ever, projecting 500 horsepower – dark horse expands the mustang lineup and sets a new benchmark for american street and track performance that could only come in a mustang pre production vehicles shown closed course professional driver

Published March 1, 2023

V8 performance cars have been an American automotive staple for decades. But the Chevrolet Camaro is bowing out after 2023. And Dodge is swapping its V8s out for hybrid and electric “eMuscle.” The Ford Mustang is swiftly becoming — pardon the pun — the last of a dying breed. But we are getting one more pure combustion Mustang for the road, as Ford has just unveiled the all-new seventh-generation Mustang.

Ford describes the new S650 Mustang as “edgy, sexy and disruptive” — words that, when uttered in a PR context, typically betray that the product in question is none of those things. The Mustang receives new sheet metal with a sharper, more muscular and modern appearance. It’s becoming a bit more tech-savvy. But it’s still more or less the same Mustang in the ways that count, which is what nearly everyone wanted.

The new Mustang engine lineup will sound familiar

The engine lineup will sound familiar. The base engine is still a 2.3-liter EcoBoost, though Ford says this version is all-new. The upgrade for the GT is an “advanced” 5.0-liter Coyote V8 with a new dual air-intake box and dual throttle body design.

The GT will put out 480 horsepower, a bump up from 450 hp in the 2023 model. A new top-of-the-line Mustang Dark Horse will put out 500 hp.

Here’s the pricing for the new 2024 Mustang

Ford has unveiled pricing for the new 2024 Mustang. Pricing will start at $30,920 for the EcoBoost and level up to $57,970 for the Mustang Dark Horse.

Roughly, the Mustang will end up about $3,000 more expensive than the outgoing 2023 model at each trim level. The exception will be the Dark Horse, which is priced between the current Mach 1 and Mach 1 Premium.

Mustang EcoBoost Fastback: $30,920
Mustang EcoBoost Premium Fastback: $36,445
Mustang EcoBoost Premium Convertible: $41,945
Mustang GT Fastback: $41,495
Mustang GT Premium Fastback: $46,015
Mustang GT Premium Convertible: $51,515
Mustang Dark Horse Fastback: $57,970

The new Mustang is not hybrid or all-wheel drive

Ford did not launch the Mustang with a hybrid option, and all current Mustangs are rear-wheel drive. A major reason for that is the Mustang Mach E, available if you need a more efficient, more practical or more weather-capable Mustang-branded vehicle.

Ford saved the manuals…err, at least one manual

2024 ford mustang convertible parked by the ocean

The Mustang still offers a six-speed manual transmission in addition to the automatic. But there’s a catch. While the stick shift comes standard on the GT model, it is no longer available on the 2.3-liter EcoBoost engine. If you want to row your own in an entry-level Mustang, contact the dealer at your earliest convenience.

You will be able to tell the base Mustang and GT apart visually

2024 ford mustangs racing in front of shipping containers

Ford is creating more significant visual differentiation between the base model and the GT in this generation. The former will get a basic look. The latter will ramp up the aggressiveness. The two Mustangs will have different front fasciae. The GT will also have prominent hood venting that the base model does not have.

The new Mustang cockpit is going digital

The Mustang is getting a new cockpit with a driver-oriented digital display that — in top-spec — includes a 12.4-inch digital instrument cluster and a 13.2-inch infotainment screen. Ford is sticking with a Mustang-specific version of their proprietary SYNC 4 system rather than switching to Google’s Android OS.

The screens will be heavily customizable, with features like a “Fox Body” instrument display. They will also incorporate 3D graphics using the Unreal gaming engine.

Ford will move many controls to the touchscreen. But the Mustang will have a prominent, physical, passenger-accessible volume knob.

Ford will offer a Mustang Performance Pack

Ford will offer a Performance Pack for both GT and EcoBoost Mustang models. This can add features like a front tower brace, a Torsen Limited-slip differential, wider wheels and tires, larger Brembo brakes and an optional MagneRide active suspension.

The Performance Pack adds extra cooling for the brake ducts and engine oil on the GT. Buyers can add Recaro seats and an active exhaust system.

Mustang owners will bring the excitement to local Cars & Coffee events

Mustang owners have earned a reputation for their particular zeal at car meetups. Ford has leaned into that aspect of Mustang ownership.

Ford is offering the Mustang with a Performance Electronic Parking Brake, developed with the help of professional drifter Vaughn Gittin Jr. The brake functions like a mechanical hand brake in everyday driving, but transforms into an electronic drift brake in track mode. It has different modes to help novices build up their drifting skills (what could go wrong?), and Ford says it can also function as a competition-ready setup.

Ford also added Remote Rev functionality, which allows an owner to rev the engine with a push of a button on the key fob. The feature will no doubt delight owners, be convenient for content capturers and thoroughly annoy everyone else.