When can I buy the 2024 Ford Mustang?

The Ford Mustang has been completely redesigned for 2024 but stays true to its lineage with rear-wheel drive, available V8 power, and an instantly recognizable design.

2024 Ford Mustang Price

We expect the 2024 Ford Mustang to start around $30,000. For reference, the 2022 model starts at $27,470. The Chevy Camaro starts at $25,000 and the Dodge Challenger kicks off at $30,430.

2024 Ford Mustang Availability

Ford unveiled the 2024 Ford Mustang at the Detroit Auto Show in September, and it’s set to go on sale in the summer of 2023. As one of our 10 Cars Worth Waiting For, we’re optimistic Ford will do its part to keep dealer markups under control when it arrives.

Familiar 4-cylinder Turbo

The new Mustang will offer two of the same engines available in the current lineup. In the 2022 model, the standard 2.3-liter turbo 4-cylinder engine puts out 310 horsepower and 350 lb-ft of torque. Expect the version in the new Mustang to meet or exceed those figures.

More Powerful 5.0-liter V8

The 2024 Mustang GT is likely to boast more than 450 horsepower and 410 lb-ft of torque, with Ford saying its venerable 5.0-liter V8 will be the “most powerful” version yet. Power goes to the rear wheels through either a 10-speed automatic or a rev-matching 6-speed manual transmission.

First-ever Mustang Dark Horse

Slotting above the GT is the new Ford Mustang Dark Horse. Ford is projecting 500 horsepower and calling it “the most track-capable 5.0-liter V8 street-legal Mustang ever.” It’s available in whatever color you want, as long as it’s Blue Ember metallic.

Sideways the Easy Way?

Best to let Ford explain this intriguing new feature: “A segment-first electronic drift brake takes new technology to the racetrack, unlocking the rear-wheel-drive drifting capability of Mustang with the visual appeal and functionality of a traditional, mechanical handbrake.” It’s part of the Performance Package and “engineered for novice drivers to learn and improve their drift skills while also providing expert drivers with a competition-ready system.”

Remote Revs

Here’s a fun one: The Mustang’s key fob includes a button to rev the engine from a distance. Impress your friends, annoy your enemies.

Coupe and Convertible

The Mustang will continue to be available as a coupe or convertible in its seventh generation, each with obviously new but decidedly familiar sheet metal. EcoBoost and GT models each get slightly different fascias, with the GT getting larger grille openings to feed air to that big V8.

Digital Interior

The centerpiece of the new Mustang’s interior is a single curved bezel housing the driver’s instrument screen and central touchscreen mounted together as one. Ford says the graphics that drive the screens are rendered with the same Unreal Engine 3D tool behind many of today’s most popular video games.

As part of the interior redesign Ford reduced the number of physical knobs and buttons, a move that’s never popular with our reviewers or in the comments we hear from readers about their new cars.

Safety Minded

Every 2024 Mustang comes standard with Ford’s Co-Pilot 360 safety suite. It includes adaptive cruise control with stop-and-go capability, lane-centering assist, and speed sign recognition. A first, the Performance Package comes with a system designed to adjust the suspension to account for potholes.

More to Come

Expect a steady stream of new Mustang details and announcements as it makes its way to market in the middle of 2023.

KBB Vehicle Review and Rating Methodology

Our Expert Ratings come from hours of both driving and number crunching to make sure that you choose the best car for you. We comprehensively experience and analyze every new SUV, car, truck, or minivan for sale in the U.S. and compare it to its competitors. When all that dust settles, we have our ratings.

We require new ratings every time an all-new vehicle or a new generation of an existing vehicle comes out. Additionally, we reassess those ratings when a new-generation vehicle receives a mid-cycle refresh — basically, sprucing up a car in the middle of its product cycle (typically, around the 2-3 years mark) with a minor facelift, often with updates to features and technology.

Rather than pulling random numbers out of the air or off some meaningless checklist, KBB’s editors rank a vehicle to where it belongs in its class. Before any car earns its KBB rating, it must prove itself to be better (or worse) than the other cars it’s competing against as it tries to get you to spend your money buying or leasing.

Our editors drive and live with a given vehicle. We ask all the right questions about the interior, the exterior, the engine and powertrain, the ride and handling, the features, the comfort, and of course, about the price. Does it serve the purpose for which it was built? (Whether that purpose is commuting efficiently to and from work in the city, keeping your family safe, making you feel like you’ve made it to the top — or that you’re on your way — or making you feel like you’ve finally found just the right partner for your lifestyle.)

We take each vehicle we test through the mundane — parking, lane-changing, backing up, cargo space and loading — as well as the essential — acceleration, braking, handling, interior quiet and comfort, build quality, materials quality, reliability.

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