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Ford Mustang 2020 pricing and spec confirmed: Costs creep on local Pony car

All Mustang EcoBoosts have increased in price by $1000, but the GT is up only $400 in Fastback form.

Ford’s Mustang has crept up in price again for the 2020 model year, how kicking off from $50,990 before on-road costs for the entry-level manual EcoBoost Fastback.

In fact, all four-cylinder-powered Mustangs have moved up $1000, with the automatic Fastback now at $53,990 and the Convertible version priced at $60,490.

Powered by a 2.3-litre turbocharged four-cylinder petrol engine, the Mustang EcoBoost produces 224kW of power and 441Nm of torque.

However, this Mustang EcoBoost will be short lived as the High Performance 2.3L is due to land in February, and lifts outputs by 12kW/7Nm to 236kW/448Nm due to a larger turbocharger.

The High Performance 2.3L will also gain a number of styling tweaks including a V8-powered GT’s front diffuser, contrasting side mirrors and wider tyres, as well as retuned gearing.

Meanwhile, the GT Fastback moves up $400 to $63,690 and $66,600 for the manual and automatic respectively, while the Convertible is $162 up to $74,890.

Propulsion in the GT comes from a 5.0-litre petrol V8, which produces 339kW of power and 556Nm of torque.

All versions of the Mustang send drive to the rear wheels via either a six-speed manual or 10-speed automatic transmission.

For the 2020 model year, Ford Australia has added a $1000 Black Shadow Pack available on GT Fastback variants, which darken the front grille, badging, 19-inch wheels and bonnet vents.

Four new colours are also on offer – ‘Grabber Lime’, ‘Twister Orange’, ‘Iconic Silver’ and ‘Red Hot’.

Standard equipment in the GT includes Brembo brakes, a bimodal exhaust, 19-inch wheels, 12.4-inch digital instrument cluster, 8.0-inch Sync3 multimedia touchscreen, autonomous emergency braking with pedestrian detection, adaptive cruise control, lane-keep assist and a reversing camera.

Ford Australia also recently unveiled the flagship Mustang R-Spec, which is limited to just 500 units and is powered by supercharged 5.0-litre V8, which should lift outputs well beyond the 339kW/556Nm available in the GT.

Though Ford Australia is yet to confirm exact engine power and torque figures, the R-Spec will be limited to just 500 units, priced from $99,980 before on-road costs and available in early 2020.

2020 Ford Mustang pricing before on-road costs

VariantTransmissionPrice
EcoBoost FastbackManual$50,990
EcoBoost FasbackAutomatic$53,990
EcoBoost ConvertibleAutomatic$60,490
GT FastbackManual$63,690
GT FastbackAutomatic$66,690
GT ConvertibleAutomatic$74,890