The Right Spec: 2024 Ford Mustang

Matthew Guy
by Matthew Guy

We walk into this Right Spec knowing it’ll likely cause a decent amount of discussion and perhaps some effigies to be set alight. The venerable Mustang is new for 2024, becoming the last man standing from Detroit after the Challenger and Camaro shuffle off this mortal coil.


Skipping right over the $30,920 EcoBoost fastback, we land at the feet of a $42,495 GT trim powered by a hairy chested V8 engine the way nature and Henry Ford intended. Blithering masculinity aside, your author realizes the four-banger belts out roughly 315 horsepower for this year, a healthy number and leagues ahead of the Fox-bodied cars so desired as a teenager. The near-500hp V8 is selected, in my addled brain, for its soundtrack and – let’s be honest – image it projects.


Here's where the effigies come into play. Ford’s generally excellent ten-speed automatic commands $1,595 and removes the mythical third pedal from the driver’s footwell; this makes it, in ancient times, an easy choice to dismiss. However, the auto ‘box can crack off shifts with alacrity (better and faster than 90 percent of people reading this – like it or not – including me), is a better play toy for lairy launch control, and wins the fuel economy argument. We’ll let you slug this one out in the comments.


The $4,995 GT Performance package should be considered required reading. It comes with a Torsen rear diff, extra bracing, Brembo-branded brakes, better wheels, unique suspension tuning, and its own rear wing. We don’t need to tell you what the ‘electric hand operated parking brake’ is for. Note well: those Brembos are available on their own in conjunction with a cheaper package for about half the cheddar of the Performance package. A $1,225 active valve exhaust makes my list because I’m extroverted and like to annoy the neighbors.

If your eyes can weather it, and I’m not sure mine can, the standard GT comes with the asinine interior design choice of plunking two tablets on the dashboard – one for gauges and one for infotainment. It looks like a cheap dual-monitor setup at Dunder Mifflin and irritates me greatly. The $47,015 GT Premium fixes this issue by blending the two screens together to make one massive horizonal tombstone. I’d happily pay the extra five grand just for this. Keep in mind the Performance package and Active Valve exhaust are still extra on the GT Premium.


So equipped, a GT is around 50 large while a GT Premium is roughly $55k. If you’re wondering, a Dark Horse – which comes equipped with most of those goodies plus a few extra horses – checks in at $60,865.

[Images: Ford]


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Matthew Guy
Matthew Guy

Matthew buys, sells, fixes, & races cars. As a human index of auto & auction knowledge, he is fond of making money and offering loud opinions.

More by Matthew Guy

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  • Tim Healey Tim Healey on Jul 06, 2023

    After editing this piece the other day,I built and priced a GT Premium on the Ford site. I got it to $60K with the Performance Pack, active damping, the active exhaust, and a few other goodies.

  • Nrd515 Nrd515 on Jul 07, 2023

    I would avoid the Egoboost like the plague. Besides the problems everyone I know that has one has had with them, they don't sound right on a Mustang (Or anything else). Mine would be an auto, premium GT, and the sticket was about 56K. If you're going to buy a new Mustang, at least config it correctly, and that means a V8.

  • Zipper69 "At least Lincoln finally learned to do a better job of not appearing to have raided the Ford parts bin"But they differentiate by being bland and unadventurous and lacking a clear brand image.
  • Zipper69 "The worry is that vehicles could collect and share Americans' data with the Chinese government"Presumably, via your cellphone connection? Does the average Joe in the gig economy really have "data" that will change the balance of power?
  • Zipper69 Honda seem to have a comprehensive range of sedans that sell well.
  • Oberkanone How long do I have to stay in this job before I get a golden parachute?I'd lower the price of the V-Series models. Improve the quality of interiors across the entire line. I'd add a sedan larger then CT5. I'd require a financial review of Celestiq. If it's not a profit center it's gone. Styling updates in the vision of the XLR to existing models. 2+2 sports coupe woutd be added. Performance in the class of AMG GT and Porsche 911 at a price just under $100k. EV models would NOT be subsidized by ICE revenue.
  • NJRide Let Cadillac be Cadillac, but in the context of 2024. As a new XT5 owner (the Emerald Green got me to buy an old design) I would have happy preferred a Lyriq hybrid. Some who really like the Lyriq's package but don't want an EV will buy another model. Most will go elsewhere. I love the V6 and good but easy to use infotainment. But I know my next car will probably be more electrified w more tech.I don't think anyone is confusing my car for a Blazer but i agree the XT6 is too derivative. Frankly the Enclave looks more prestigious. The Escalade still has got it, though I would love to see the ESV make a comeback. I still think GM missed the boat by not making a Colorado based mini-Blazer and Escalade. I don't get the 2 sedans. I feel a slightly larger and more distinctly Cadillac sedan would sell better. They also need to advertise beyond the Lyriq. I don't feel other luxury players are exactly hitting it out of the park right now so a strengthened Cadillac could regain share.
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