UPDATED: 5/20/14 5:28 pm ET -- adds details
Pricing for the 2015 Ford Mustang with a V-6 engine will start at $24,425, including shipping, or $1,090 more than the outgoing base model, Ford Motor Co. said today.
The 2014 Mustang’s base price is $23,335, including shipping.
Ford introduced the 50th-anniversary Mustang in December in six cities worldwide with the intention to market the iconic car internationally.
Neither of the 2015 Mustang’s chief rivals -- the Chevrolet Camaro and the Dodge Challenger -- has had its 2015 model price announced. The 2014 Camaro coupe with a V-6 engine starts at $24,550 and the 2014 Challenger SXT with a V-6 engine is priced from $27,490. Prices include shipping.
On the 2015 Mustang, two optional powerplants will be available in addition to the 3.7-liter V-6 that generates 300 hp: a 2.3-liter EcoBoost inline-four that makes more than 305 hp and a 5.0-liter V-8 that generates more than 420 hp.
Though Ford has not announced pricing for all 2015 models, a Ford dealer released pricing details for the fastback. The sticker prices for the EcoBoost and GT will start at $25,995 and $32,925, respectively.
Pricing for the upgraded V-6 fastback is set at $25,420, the EcoBoost 200A and 201A are set at $29,995 and $31,790, the GT premium 400A and 401A are priced at $36,100 and $38,720, and the GT 50 year anniversary edition is priced at $46,995.
The 2015 Mustang comes standard with independent front and rear suspension, backup camera, tire pressure readouts for each wheel and push-button start.
The 50 Years appearance package, available on EcoBoost Premium and GT Premium trim levels, includes a 50 Years rear badge, chrome-accented grille, 19-by-8.5-inch alloy wheels and special seat and door-trim stitching.
“This car is all-new with enhanced sophistication and craftsmanship, but still exudes the essence of Mustang that’s been honed throughout its history,” Steve Ling, Ford car marketing manager, said in a statement.
Dealers may begin placing orders for the 2015 Mustang today. The car is expected to be available in North American showrooms this fall.
The 2015 Mustang is the first redesign of the pony car since the 2005 model. When Ford launched the 2005 Mustang, the base price for the V-6 was $19,410, including shipping, 26 percent lower than the 2015 Mustang’s base price.