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2020 Ford Mustang price rises across the board

By Tom Fraser, 04 May 2020 Car News

ford mustang 2020

Mid-year price bump sees no changes to the model lines, yet price jumps across the range

Ford Mustang fans will be slightly disappointed to find that the price of the all-American muscle car has jumped across the board.

‘Slightly disappointed’ because the news isn’t so bad, but nonetheless those shopping for a Mustang will be expected to pony up an extra $500 for every model except for the 2.3-litre Ecoboost convertible, which jumps just $300.

Read next: History of the Ford Mustang: A timeline

2020 Ford Mustang GT revealed for Australia news

As such, the Mustang range now starts from $51,490 (before on-road costs) for the Ecoboost Fastback and finishes up almost $50k dearer at $100,480 for the Mustang R-Spec.

Ford managed to sell 309 examples of the Mustang in March which was up from 214 in February. However, on the whole, Mustang sales have endured a pretty steady slump in 2020, with new registrations down 40 per cent year-to-date compared to 2019. These pricing changes wouldn't have been passed on lightly in this current climate.

Read more about the 2020 Ford Mustang specifications

Engine outputs stay the same, meaning the Ecoboost retains its 236kW/448Nm figures from the 2.3-litre turbocharged four-cylinder and the GT cars keep the 339kW/556Nm naturally-aspirated 5.0-litre V8.

The hotted-up R-Spec continues with its supercharged 5.0-litre V8 with 522kW/827Nm outputs as the hero car for the range - if you can find one.

ford mustang

Convertibles continue to be only offered with a 10-speed automatic transmission and the R-Spec is only offered as a six-speed manual, but the Fastback cars can be had with either. 

Read next: Why the four-door Ford Mustang is a terrible idea

We haven't come to expect any specification updates for the Mustang, leading us to suggest that the change in price is likely due to currency fluctuations.

We’ve contacted Ford Australia to find a definitive answer and will report back here once we have one.

2020 Ford Mustang Australian pricing

  • Mustang Ecoboost Fastback - $51,490
  • Mustang GT Fastback - $64,190
  • Mustang Ecoboost Convertible - $60,790
  • Mustang GT Convertible - $75,390
  • Mustang R-Spec - $100,480