The new-generation Ford Mustang is gearing up to make its grand entrance on Australian turf in the second quarter of 2024, but it’s brought a significant price hike with it. Starting at AU$64,990 ($41,208) before factoring in those pesky dealer delivery fees, the S650 Mustang comes with a substantial AU$12,400 ($7,862) higher base price tag compared to its predecessor.
This increase can be partly attributed to the absence of a manual gearbox option in the base Ecoboost model. Even with the automatic transmission, it’s nearly AU$9,500 more expensive than before, and similar price differences are evident across the rest of the range.
Much like it is in other markets, Australian-delivered 2024 Mustangs will be sold in EcoBoost, GT, and Dark Horse guises. The 2.3-liter EcoBoost four-cylinder of the entry-level AU$64,990 model produces 232 kW (311 hp) at 5,500 rpm and 475 Nm (350 lb-ft) of torque at 3,000 rpm while coupled to a 10-speed automatic transmission driving the rear wheels. There is no manual option for the EcoBoost model and it probably won’t sell in significant numbers.
Read: Ford Mustang Closing In On Muscle Car Sales Crown (Now That It’ll Soon Be Alone)
The sweet spot of the new line-up will likely prove to be the new Mustang GT Fastback available from AU$77,002 ($48,825). Its 5.0-liter naturally-aspirated V8 is good for 347 kW (465 hp) at 7,250 rpm and 550 Nm (406 lb-ft) of torque at 4,850 rpm and comes standard with a six-speed manual. GT Fastback models with the available 10-speed auto start at AU$80,902 ($51,297).
Completing the Mustang GT family is the Convertible model sold exclusively with the 10-speed and starting at AU$86,752 ($55,007). All Mustang GT models heading Down Under come standard with an auxiliary oil cooler, 19-inch Carbonised Grey aluminum wheels, and Pirelli P-Zero tires.
Then there is the daddy of the line-up, the Mustang Dark Horse. It is rated at 349 kW (468 hp) and 548 Nm (404 lb-ft) of torque and comes standard with unique MagneRide shocks, stiffer front springs, a host of visual changes, larger wheels, bigger Brembo brakes, and a Torsen limited-slip differential. Prices for the 2024 Mustang Dark Horse start at AU$99,102 ($62,838) with the six-speed manual and AU$103,002 ($65,310) with the 10-speed automatic.
A number of options are offered. These include AU$910 ($577) Prestige Paint, a AU$1,950 ($1,236) Black Pack, the AU$1,500 ($951) EcoBoost Appearance Pack, AU$1,950 ($1,236) GT Appearance Pack, AU$3,575 ($2,266) Dark Horse Appearance Pack, AU$3,835 ($2,431) Recaro Sports Seats, and AU$3,835 ($2,431) MagneRide suspension.
Orders books are open for the 2024 Mustang, although those wanting to secure a Dark Horse had better act fast as just 1,000 units will be sold locally.
2024 Ford Mustang Line-Up
