2011 Ford Mustang GT – Click above for high-res image gallery

Ford has really pushed the envelope with its 2011 Mustang. Both V6 and V8 models receive nearly 100 horsepower bumps and new transmissions along with a host of standard features that will help the Blue Oval go toe-to-toe with the Chevrolet Camaro and Dodge Challenger. The 2011 Mustang looks pretty good on paper, but we're very curious to know how much Ford will increase the price of its upgraded ponycar. The Mustang Source appears to have the answer to that question, and from what we can see, the Mustang will cost more than the coupe it replaces, yet it will still beat the Camaro on price.

Judging by TMS' information, a base Mustang coupe will cost $22,995 (*including $850 for destination) – that's $750 pricier than the 2010 model, but over $500 cheaper than the base Camaro. The base GT coupe will reportedly crack the $30,000 barrier for the first time with an MSRP of $30,495 including destination. That's $1,250 more than a 2010 GT and $1,300 cheaper than a 1SS Camaro.

The pony lovers also got their hands on option pricing, ranging from $995 to opt for a six-speed automatic transmission to $2,340 for an electronics package that includes navigation. The California Special package can be had for $2,475 and stopping power can be increased by adding Brembo brakes for $1,695. Head over to The Mustang Source to download the PDF (which we've also gallerized below), or hit the jump to check out base pricing for all eight Mustang models. Once you've done that, come back to let us know if you think Ford has added enough value to justify the price hikes by leaving your thoughts in Comments.

  • Oil Pan Gasket with Integrated Windage Tray.

[Source: The Mustang Source]

2011 Mustang V-6 coupe – $22,995
2011 Mustang V-6 coupe (Premium) – $26,695
2011 Mustang V-6 convertible – $27,995
2011 Mustang V-6 convertible (premium) – $31,695
2011 Mustang GT coupe – $30,495
2011 Mustang GT coupe (Premium) – $33685
2011 Mustang GT convertible – $35,495
2011 Mustang GT convertible (Premium) – $38,695

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