Today we got full pricing and specs on the redesigned Mustang which goes on sale this spring. The base V-6 coupe will start at $20,995, while the base convertible will cost buyers another $5,000 on top of that. Destination charges add another $850. The 315-hp V-8 GT coupe starts at $27,995.
With specs and pricing out, the full muscle-car comparisons have begun: Compared with the Dodge Challenger and Chevrolet Camaro, the Mustang is the most affordable.
The base V-6 Challenger costs $1,225 more than the base Mustang, while the Camaro costs $1,250 more. The V-8 Challenger R/T costs $2,225 more than a Mustang GT, while the Camaro SS is $2,250 more than the Ford.
There is a cost, however, to the Mustang’s price advantage: The Challenger and Camaro are based off newer mechanical designs. The Mustang’s reworking this year was more of a refresh than a total redesign.
The Camaro and Challenger also have more power, both in V-6 and V-8 forms; the V-6 Camaro produces nearly 100 more hp than the V-6 Mustang. However, neither of the Mustang’s competitors come in a convertible body style.
On the surface, it looks like this is going to be a close race between a good deal, refinement and raw power. We’ll reserve final judgment until we’ve test-driven all three. Until then, make sure to tell us which one you think is best.
Full Mustang specs and pricing below.