Then again, the new Mustang is a reasonable improvement over the existing model, so we could see the base price shift closer to the $30,000 mark.
Even though the muscle car is yet to enter production, Ford has already sold the first example to a customer with deep pockets. As part of a Barrett-Jackson event, VIN 001 was auctioned off for a hefty $565,000. The proceeds will be donated to the Juvenile Diabetes Research Foundation, so it’s all for a good cause.
For that substantial chunk of change, the generous buyer can specify the Mustang to their liking. Based on the latest rumor, they won’t have to wait much longer and may have their 2024 Mustang sooner than they thought.