• Dec 16, 2010
2011 Ford Mustang GT - Click above for high-res image gallery

For those of you desperate to get your hands on Ford's new 5.0-liter Mustang GT, it just got a little easier. Pricing has dropped for the base model of the 412-horsepower pony car by $500 for the 2012 model year, edging back under the 30k mark to $29,995. In contrast, the Premium GT model sees a price increase of $200 while the Premium GT Convertible is $700 more than last year.

While the 2012 Mustang lineup carries over relatively unchanged, there are a few updates to keep the cars fresh. Ford will be offering a new color, Lava Red Metallic, available on both the exterior and interior, while Sterling Gray Metallic will no longer be available. Ford has also added a few minor features like a universal garage door opener and sun visors with a storage system and illuminated vanity mirrors, and the EPAS steering system will now also come with three modes - Comfort, Normal and Sport.



[Source: TheMustangSource.com, Edmunds]


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  • 37 Comments
      tr120r
      • 3 Years Ago
      Overall styling of the Mustang very nice with one exception; its ASS END still looks like something snagged off a 2001 Pontiac Grand Prix. The ugliest looking tail lights and pinched rear sheet metal makes you think Ford secretly is trying to help GM succeed . I hope the next generation Mustang scraps that design or at least scraps that particular designer engineer at Ford.
      • 4 Years Ago
      WAY too much information
      • 4 Years Ago
      OK....................... I was replying to a completely different comment that has since been removed (?) So for whatever reason my reply now gets attached to a different post. Awesome (?)
      • 4 Years Ago
      So what you're saying is, if you're interested in the 2011 Mustang, wait several more months when the 2012s come out and you can save a whopping $500... do I have this right?
        • 4 Years Ago
        Yes, but you will probably be able to get a good deal on a 2011 if you wait that long
      • 4 Years Ago
      Great, now it's that much easier for a teenage girl to get their hands on one for their 16th birthday.
      • 4 Years Ago
      How can you not like Ford? When every other automaker is raising pricing on their more popular models, Ford cuts them. Good job!
      Now, about that GT500...how about taking off 10 grand or so? ;)
        • 4 Years Ago
        You don't know much about Mustangs do you, Bustaknut?
        • 4 Years Ago
        Shelbys royalties on the GT500 would be minimal at the best....I dont think he touches anything on the stock unit, they are assembled by Ford Techs at Flatrock....
        • 4 Years Ago
        "Now, about that GT500...how about taking off 10 grand or so? ;)"

        One can only wish.... I'd be all over it like yesterday :-)
        • 4 Years Ago
        429 would not really make sense since it does not have a 429 V8... how bout just Mustang Cobra?
        • 4 Years Ago
        I would go that far to call C. Shelby names but I do agree that GT500 nor FoMoCo foes not need his name. At all.
        OTOH do we know how much it affects the final price? Do we?
        • 4 Years Ago
        Right on,ditch Shelby and slap some Boss 429 decals,- $10k.
        • 4 Years Ago
        That was a "family" oriented move from a family owned business. You gotta love em!
        • 4 Years Ago
        You mean GT390.
        • 4 Years Ago
        I agree, but BMW did cut the price of their new 5-series (by around $1,000 - $2,000 if I recall?) and I believe they did the same with the new X3.
        • 4 Years Ago
        @Bustaknut

        How old are you? 12?

        I'm seriously tired of kids like you that talk like they know more, yet they know nothing whatsoever.

        Not one Mustang except for the Bosses and 390GT ever had a name that related to the engine size. GT350 and GT500 represented where the 2 cars were in relation to the lineup, with the GT500 being the top Shelby model.
        • 4 Years Ago
        Does the GT500 have a 500? No.
        • 4 Years Ago
        the 500 in GT500 never had to do with the engine size ever...
        • 4 Years Ago
        My thoughts exactly. Take that old bag of bones Shelby's name off the GT500 and knock off $10k from the price tag. I don't care what that old prick did 100yrs ago, right now he's just making GT500s more expensive.
      • 4 Years Ago
      They mention the EPAS update in the last sentence like it's of the same importance as the illuminated vanity mirrors. Hopefully we'll hear more about the steering soon.
      • 4 Years Ago
      Great car, super value. I purchased my 2011 GT 5.0 Premium with the premier option and Brembo package for 34.4 K using X-plan. Try to name a better performance car value.
      • 4 Years Ago
      I like this move and have said that Ford priced themselves out of the range of the average performance car buyer by putting the car near the price of near luxo German cars. At $40K fully loaded Premium GT Auto is way too close to price and performance to a 335i Coupe.

      The "base" GT dropping to just short of $30K is reasonable. Depending what pricing programs you have access too, you can get it much less than $30K anyway as long as you keep it to standard equipment.

      The GT is a fantastic performance bargain especially if you like drag racing. One shop has the car down in the 8s without cracking the valvecovers. Another one has an AUTOMATIC running 10's with just CNC' ported heads (bolt-ons, converter, gears) and American Muscle has another Automatic that runs 10's with just shot of jiggle gas (bolt-ons, gears).

      Even the V6 is running low 13's on street tires with a flash and exhaust (6 speed).

      Well Done Ford!
        • 4 Years Ago
        I partially agree with you. A base GT can be had for around 26k. I don't think it's a big problem to have the GT Premium "approaching" the price of a 335i, since the Mustang is still far superior in performance.
      • 4 Years Ago
      Try, just try, to find a base GT on a dealer's lot. All of them have leather (your posterior slides on it in hard cornering), the hood scoop (non-functional and too difficult to see over), and a rear spoiler (ugly, cheap-looking, and it ruins the car's styling). Dealers realize that Mustang's are mostly emotional purchases and order them optioned to the hilt (even more true with convertibles), then they have a "take it or leave it" attitude.
        • 4 Years Ago
        Order it, it's how I did it, got exactly what I wanted, and had to wait a whopping 4 weeks. Even got a better deal that way. AND you don't have to worry about some 17 year old flogging it on a test drive.
        • 4 Years Ago
        Your in America, you just ORDER it.

        Then again you can order Volvo's and BMW's (Not the X3 or Z4 though) for European Delivery and save some money.

        Galpin is one of the largest (if not THEE) largest Ford dealer in the nation and they have a base model 2011, why wouldn't they get a 2012 base model GT????

        Now if your in tiny town Indiana where trucks are more popular than cars, that might be a challenge. Just order at your local dealer.
      • 4 Years Ago
      I was hoping to hear for an option to make everything the same color. Cannot stand the unpaint grill and rocker panel plastic. This to me is the ugliest Mustang next to the Mustang II. I sure hope the 2014 is better! And Sterling Gray was blah anyway.
      • 4 Years Ago
      this price change probably reflects Mustang sales that are lagging a bit in comparison to the Camaro...even though Camaro sales reflect an 8 year absence from the market for which mullet aficionados had no other vehicular options to reflect their personal style.
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