2024 Ford Mustang Review

The 2024 Ford Mustang kicks off the seventh generation of the legendary muscle car. We take a look at the powertrain, trim levels and more in our review.
2024 Ford Mustang - ford.com

2024 Ford Mustang – ford.com |  Shop 2024 Ford Mustang on Carsforsale.com

What’s New for the 2024 Ford Mustang?

The 2024 Ford Mustang kicks off 7th-generation production of this venerable pony car. More chiseled styling versus the 2023 Mustang is on hand courtesy of nearly all-new body panels. Both engines have been revised for more power, the level of technology has been turned up several notches, and there are fun new features like remote-controlled engine revving and an electronically-controlled drifting system controlled by a pseudo-hand brake.

But perhaps the biggest news is the arrival of the Dark Horse model, which sits atop the Mustang hierarchy with power to spare and looks to kill. With the Camaro and Challenger exiting stage right, Ford’s Mustang is the last V8 pony car standing and it looks to be a seriously good one.

Carsforsale.com Score
9/10
Powertrain
Score
9.5/10
Interior
Score
8.5/10
Technology
Score
9/10
Value
Score
9/10
Body Style

Starting Price

MSRP $32,515

Drivetrain

Drivetrain

RWD

Drivetrain

Fuel Economy

22 City / 33 Hwy

Number of Seats

Seating

Seats 4

The Breakdown

Encourages drifting

The Dark Horse

Loads of standard technology

Bewildering layers of options

No more manual for the EcoBoost

Absurd back seat

The last V8 pony car

2024 Mustang Specs

Trims & Pricing

EcoBoost - $32,515
EcoBoost Premium - $38,040
GT - $43,090
GT Premium - $47,610
Dark Horse - $60,865
Dark Horse Premium - $64,860

2024 Ford Mustang Powertrain 9.5/10 

2024 Ford Mustang 5.0L V8 - carsforsale.com
2024 Ford Mustang 5.0L V8 - carsforsale.com

Ford picks up where the 2023 Mustang left off by adding 5 horsepower to the base 2.3L turbocharged – or EcoBoost – four-cylinder powertrain for a total of 315 hp and 350 lb-ft of torque. Unfortunately, the manual transmission has been dropped, leaving only the 10-speed automatic to pair with this engine. Like all 2024 Mustangs, power is sent to the rear wheels through a limited-slip differential.

GT models get quite a bit more giddyup from the naturally aspirated 5.0L “Coyote” V8 that puts down 480 hp and 415 torques through a 6-speed stick or the 10-speed slushbox. Top-spec Dark Horse variants crank the Coyote up to 500 ponies and 418 lb-ft of twist, which can only be paired with a 6-speed manual transmission.

2024 Ford Mustang - ford.com
2024 Ford Mustang - ford.com

New for 2024 is an available Electronic Drift Brake that simplifies drifting and Remote Rev that allows you to rev the engine with your key fob. What could possibly go wrong?

If you’re interested in Mustang fuel economy, EcoBoost models are the way to go as they earn 22 mpg city and 33 mpg highway. But you should really figure out a way to go for the V8 – if just for the glorious growl – even though the fuel economy stinks at 15 mpg city and 24 mpg highway in the GT. Dark Horse models – a surefire future selection for the all-time list of 10 best Mustangs – fare worse by 1-2 mpg in each category.

2024 Ford Mustang Interior 8.5/10 

Technically, the 2024 Ford Mustang is a 4-seater, but you’d only put humans back there as a form of torture. Thankfully, the front seats are plenty comfy with available heating and cooling, leather and suede, and even some super-bolstered Recaro buckets. Automatic climate control is standard across the board and Premium models feature an extra layer of soft surfaces with contrast stitching from the dash to the door panels.

For those excited to take their new Mustang on weekend jaunts, remember to pack light. Fastback models have a tiny 13 cubic trunk. In convertible form, that number drops to a miniature 10 cubes. Fortunately, the rear bench does fold down in a 50/50 split so you stow longer items with less hassle.

2024 Ford Mustang Technology Features 9/10 

2024 Ford Mustang - media.ford.com
2024 Ford Mustang - media.ford.com

Mustang’s new “Digital Cockpit” system means all trim lines come with a fully digital gauge cluster that flows into a 13.2-inch infotainment touchscreen behind glass curved toward the driver. Apple and Android integration come standard along with a Wi-Fi hotspot. Options include a 12-speaker Bang & Olufsen stereo, a wireless charging pad, and connected navigation.

Ford fits its Co-Pilot360 suite of driver aids to all 2024 Mustangs. It consists of forward collision mitigation, a lane-keeping system, blind-spot monitoring with rear cross-traffic alert, and automatic high beams. The NHTSA gave the 2023 Mustang a 5-star overall rating, but the latest model has not yet been tested. Given the largely carryover platform, we expect it will deliver similar crash-testing results.

2024 Ford Mustang Trims & Pricing

Convertible available on both EcoBoost models and GT Premium model

2024 Ford Mustang EcoBoost - ford.com
2024 Ford Mustang EcoBoost - ford.com

EcoBoost – $32,515

The entry-level 2024 Mustang comes with 17-inch alloy wheels, full exterior LED lighting, heated side mirrors, and rain-sensing wipers. Inside, you’ll find a flat-bottom steering wheel, cloth upholstery, and 25 inches of screen real estate. Tech systems include Apple CarPlay, Android Auto, a Wi-Fi hotspot, dual USB ports, and the Track Apps suite for recording performance metrics.

2024 Ford Mustang remote engine start - ford.com
2024 Ford Mustang remote engine start - ford.com

EcoBoost Premium – $38,040

Premium EcoBoost models add welcome lighting, remote engine start, ambient cabin lighting, and a frameless auto-dimming rearview mirror. Seats are upgraded with heat, ventilation, and ActiveX upholstery, and a wireless charging pad is added to the mix. Options include MagneRide dampers, a high-performance package with summer tires, and an active-valve exhaust system.

2024 Ford Mustang GT - ford.com
2024 Ford Mustang GT - ford.com

GT – $43,090

Along with packing a Coyote V8, the 2024 Mustang GT gets 18-inch rims, a functional hood vent, a bigger rear spoiler, and a leather-wrapped steering wheel. The GT Performance package isn’t cheap at nearly $5,000 but is stuffed with goodies like 19-inch rims, Brembo brakes, the new drifting system, beefier front springs, a special chassis tune, and so on.

2024 Ford Mustang GT Premium convertible - ford.com
2024 Ford Mustang GT Premium convertible - ford.com

GT Premium – $47,610

The GT Premium largely follows the EcoBoost Premium in terms of content. For about $3,000, an optional 401A package includes a 12-speaker stereo, adaptive cruise control, and connected navigation. But do your homework on the latest new car incentives as a heavily optioned GT can top $65,000.

2024 Ford Mustang Dark Horse - ford.com
2024 Ford Mustang Dark Horse - ford.com

Dark Horse – $60,865

To fully understand why the Ford Mustang enjoys such a rabid fanbase, go test drive a Dark Horse. But only if you’re ready to plunk down the dough required to bring one home. Because that 500-horse powertrain will be hard to resist as will amenities like the active-valve exhaust, titanium anodized blue shifter, and exclusive Deep Indigo cabin design.

2024 Ford Mustang Premium - ford.com
2024 Ford Mustang Premium - ford.com

Dark Horse Premium – $64,860

Following the EcoBoost and GT Premium models as far as content, this top-spec 2024 Mustang adds fancier floor mats, aluminum pedals, and an array of specialty soft-touch bits with contrast stitching to the knee bolsters, center console lid, door panels, and more.

2024 Ford Mustang Overall Value 9/10 

If you’re in the market for a 2024 Ford Mustang, do whatever is necessary to find yourself behind the wheel of a V8-powered model. The sensation of hitting it hard with one of these motors should be experienced by all drivers. Obviously, the Dark Horse would be ideal, but you can’t go wrong with the base GT model.

With the Dodge Challenger gone and the 108-month-aged 6th-gen Chevy Camaro calling it quits this year, the Mustang is essentially in a segment of one. But don’t wait, as the EV future will eventually come for this last of the V8 pony cars. Ford’s warranty is nothing special with a 3-year/36,000-mile basic coverage term and 5 years or 60,000 miles of powertrain coverage. There is no complimentary maintenance offered.

CarsForSale.com Overall Score 9/10 

2024 Ford Mustang - ford.com

2024 Ford Mustang – ford.com |  Shop 2024 Ford Mustang on Carsforsale.com

Finding faults with the 2024 Ford Mustang is tricky if you’re in the right mindset – which means you want a thundering V8 sports car to have fun in alone or with someone else who likes cars. The back seat is just silly and it’s a bummer you can’t get the EcoBoost in a stick, which is why you should stick with the V8.

Ford goes way overboard on the options list for this latest Mustang, but boy are they cool if you can muddle through the menus. Other than that, the 7th-gen Ford Mustang appears poised to be the best one yet, which is a good thing as it may be the last one ever.

2024 Ford Mustang FAQ

2024 Ford Mustang - media.ford.com
2024 Ford Mustang - media.ford.com

Is the new Ford Mustang electric?

No, the new 2024 Mustang is gas-powered, but the Mustang Mach-E is electric.

Where are Ford Mustangs made? 

Mustangs are made at Ford’s Flat Rock Assembly plant, which you can’t miss when driving I-75 into – or out of – Detroit.

How much is a brand-new Ford Mustang? 

The 2024 Ford Mustang starts at $32,515 for an EcoBoost model, $43,090 for a GT model, and $60,865 for the entry-level Dark Horse model.

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Niel Stender

Niel Stender grew up doing replacement work on his 1990 Cherokee and 1989 Starion, so it’s not surprising that he would put his mechanical engineering degree from the University of New Hampshire to use in the car world as a vehicle dynamics engineer. Now engineering sentence structures, his writing infuses his auto experience with his time in marketing and his sales experience. Writing about cars for close to a decade now, he focuses on some of the more technical mechanical systems that are found under the hood and throughout a vehicle.

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