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The Ford Mustang is synonymous with wallet-friendly fun and American-as-hell driving antics. It took the Mustang six generations to ditch a live rear axle and adopt independent rear suspension. That didn’t, however, stop the ‘Stang from producing as much as 662 horsepower in its fifth-gen lineup. Still, even smile-inducing V8 Ford Mustang models are modernizing, and their price structure reflects the pony car’s grown-up ambitions.  

Even the base-model V8 Ford Mustang GT has a starting price within striking distance of $50,000

Remember when a S197 Ford Mustang GT with a 412-horsepower 5.0L V8 under the hood with a starting price tag of around $30,000? It’s been nearly 15 years since then, and the Ford Mustang is reaching new price heights in its second year as a seventh-generation model. Today, a base-spec GT, the most affordable of the V8-powered Mustangs for 2025, starts at around $47,155.

V8 Mustang trim2024 starting price2025 starting price
GT Coupe$44,455$47,155
GT Premium Coupe$48,975$51,675
GT Premium Convertible$53,110$57,075
Dark Horse$62,230$64,975

Moreover, the GT Coupe will demand roughly $2,700 more than the same model from the previous year. While the Premium trim is the only way to get a soft-top convertible, letting the sunshine in is going to cost V8 Mustang fans an extra $4,000 over last year.

And the range-topping Dark Horse Premium? It demands a C8 Chevrolet Corvette price tag at around $69,870. That’s just $125 below the starting ask for a Corvette 1LT. You had better get your money’s worth at the track.

Still, even with the rising prices, the seventh-generation Ford Mustang GT is one of the best performance bargains on the market. With 486 horsepower on tap (with the optional exhaust upgrade), the GT is quite simply the most muscular gas-powered car at its price point. And with the Chevrolet Camaro and Dodge Challenger out of the picture, the Mustang stands alone in the segment.