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Hoping to buy a new Ford Mustang R-Spec 2020? The supercharged pony car isn't sold out yet!

The very first Mustang R-Spec has rolled off Ford Australia’s purpose-built production line in Broadmeadows, Victoria.

Buyers keen on the homegrown Ford Mustang R-Spec better act now, as the limited-edition 500kW-plus coupe is close to being sold out.

A Ford Australia spokesperson told CarsGuide all 500 examples have been allocated to dealers since the Mustang R-Spec’s reveal last October, although we understand that doesn’t necessarily mean each one has been sold to a buyer.

Some dealers are expected to hold onto examples of the Mustang R-Spec until after its release, much like they did with the limited-edition Bullitt before it.

That said, the majority are known to be officially spoken for, with order books having now been open for more than three months. Pricing starts at $99,980 plus on-road costs.

Either way, the very first Mustang R-Spec – or Build #001 – was completed today at Ford Australia’s purpose-built production line in Broadmeadows, Victoria. It was finished in Grabber Lime heritage paintwork, which was introduced for MY20.

The company’s spokesperson said customer deliveries of the Mustang R-Spec will begin in mid-to-late February and finish mid-year.

As reported, the R-Spec adds a Ford Performance supercharger to the Mustang GT Fastback’s 5.0-litre Coyote V8 petrol engine.

Power and torque outputs for the R-Spec are yet to be released, but a similar kit in the United States produces more than 500kW/800Nm – well above the Mustang GT Fastback’s 339kW/556Nm.

As such, the Mustang R-Spec will naturally go toe to toe with HSV’s locally remanufactured 477kW/881Nm Chevrolet Camaro ZL1 upon its launch.

With enthusiasts in mind, the Mustang R-Spec is exclusively mated to a six-speed manual transmission. Naturally, drive is only sent to the rear wheels.

Ford Australia was unable to sell the Mustang’s global flagship, the 567kW/847Nm Shelby GT500, in Australia due to its lack of right-hand-drive production, so the R-Spec is the next best thing, resulting from a partnership with Herrod Performance.