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Ford Mustang 2024: Australian price and specifications confirmed!


Prices and power are up, but the Ford Mustang stable has also grown with the addition of the new Dark Horse variant

Ford Australia has confirmed local Australian pricing and specs for its seventh-generation Pony car, the iconic Mustang, which will arrive here in the second quarter of 2024. 

The new Mustang kicks off at $64,990 before on-road costs for the turbocharged four-cylinder Ecoboost model. This entry price is now $12,400 steeper than the outgoing entry Ecoboost automatic, which previously cost $55,590 before on-road costs. 

Pricing tops out as high as $103,002 before on-road costs for the automatic Dark Horse flagship variant, or $3900 more than the $99,102 H-pattern version. 

The 2024 Ford Mustang range

Compared to the outgoing generation of Mustang in Australia, prices are up by as much as $12,612. 

The GT Fastback V8 model is now $11,712 more expensive than its last version, and the Ecoboost, which is now automatic only, is $12,400 more expensive than its outgoing version. 

Ford has ditched the convertible version of the four-cylinder Ecoboost, along with a manual option for the four-cylinder ‘Stang. 

You can still get a convertible Mustang in 2024!

Ford Australia has confirmed that the new Mustang is now available for purchase through its local dealership network. 

What powers the seventh-generation Mustang?

Ford Mustang owners will remain to be able to buy either a four-cylinder or V8 Mustang in 2024.

The new-generation Ford Mustang GT

Starting with the Ecoboost model, this variant features a 2.3-litre turbocharged four-cylinder engine that produces outputs of 232kW/475Nm and is paired exclusively to Ford’s 10-speed automatic transmission. 

Ford states that this updated engine now features a revised exhaust manifold, twin-scroll turbocharger, camshaft timing and new air induction system. 

Moving to the GT, this variant is powered by Ford’s venerable 5.0-litre naturally-aspirated Coyote V8 that now produces 347kW/550Nm thanks to dual 80mm throttle bodies and air inlets. The choice of a six-speed manual or 10-speed automatic transmission is available for buyers. 

2024 Ford Mustang Dark Horse engine bay wide
The Coyote V8 gains dual throttle bodies

All Mustangs for 2024 will be fitted with both an electric park and drift brake, along with an active valve performance exhaust system. 

New Dark Horse to head the lineup 

Enter the Mustang Dark Horse. With higher outputs of 349kW/548Nm, the flagship Mustang is available with either a Tremec six-speed manual transmission, or the brand’s 10-speed automatic transmission. 

Several enhancements have been made for track driving such as extra brake cooling, transmission cooler and rear axle cooler to handle heat of endurance lap driving. 

Inside the 2024 Ford Mustang

The Dark Horse also has unique chassis tuning with stiffer front springs and specifically tuned Magneride shock absorbers. 

A staggered wheel size combination and a Brembo front six piston brakes with 390mm rounds out the enhancements.

Just 1000 units of the Dark Horse have been confirmed for Australian shores, so get in quick!   

Electric park and drift brake is standard kit

Standard specifications confirmed for Australia

As standard across the range of Mustangs for 2024, the American-built sports car now features a 12.4-inch driver instrument cluster, a 13.2-inch SYNC 4 infotainment touchscreen and a sizeable B&O 12-speaker sound system. 

Also standard features across the range will be Brembo brakes, an enlarged radiator and more powerful cooling fans. V8 models also gain an auxiliary engine oil cooler, along with 19-inch black alloy wheels fitted with Pirelli P Zero tyres.   

The new Ford Mustang Dark Horse in its natural habitat

Available options for the new 2024 Ford Mustang

Several options are available for the new-generation Mustang, including the following features:

  • Prestige paint – $700
  • Black pack, including black badging, black wheels, mirror caps and roof – $1500
  • Ecoboost appearance pack – $1500
  • GT appearance pack – $1500
  • Dark Horse appearance pack – $1500
  • Recaro sports seats – $2950
  • Magneride suspension – $2950
A 12.4-inch driver cluster is standard across the range

Ford Mustang 2024: prices in Australia

All prices listed are before on-road costs.

  • Ecoboost Fastback auto: $64,990 (+$12,400)
  • GT Fastback manual: $77,002 (+$11,712)
  • GT Fastback auto: $80,902 (+$12,612)
  • GT Convertible auto: $86,752 (+$10,762
  • Dark Horse manual: $99,102 (NEW)
  • Dark Horse auto: $103,002 (NEW)