All 2014 Ford Mustang V8s get a price hike - still cost less than Camaro

Those who are looking to purchase a 2014 Ford Mustang GT or GT500 in coupe or convertible form will be paying $450 more than they would have for the 2013 model year. This means that the 2014 Mustang GT Base Coupe now costs $31,545 while the 2014 GT Premium Coupe starts at $35,545. While higher than 2013, these prices are still lower than the 2013 (2014 prices have not yet hit the website) Chevrolet Camaro 1SS and 2SS which cost $33,535 and $37,035 respectively – giving the Mustang an advantage of $1,500 to $2,000.

The 2014 Mustang GT Base Convertible now starts at $36,545 while the loaded up 2014 Mustang GT Premium Convertible carries a starting price of $40,545. Compare that to the 2013 Chevrolet Camaro 1SS and 2SS Convertible at $39,585 and $42,185 – accounting for an advantage for the Mustang of $1,600 to over $3,000 based on the model chosen.

These prices for the 2014 Ford Mustang include the 5.0L V8 with 420 horsepower and a 6-speed manual transmission while the 2013 Camaro SS prices include the 426 horsepower, 6.2L V8 and its own 6-speed manual transmission. Those who want an automatic transmission in the new Mustang will pay $1,195 more across the entire GT lineup – be it Coupe or Convertible, Base or Premium – but unlike the Camaro SS models with the automatic, the self shifting Mustangs don’t get a drop in power.

Finally, the 2014 Shelby GT500 sees the same $450 price increase across the board with the Coupe starting at $55,445 while the GT500 Convertible starts at $60,445. The GT500 is comes with the 662 horsepower, 5.8L supercharged V8 mated exclusively to a 6-speed manual transmission. While the 2014 Shelby GT500 has an advantage over the high end Camaro ZL1, the price gap isn’t quite as large as it is with the Mustang GT and the Camaro SS. The Camaro ZL1 Coupe carries a price of $56,550 while the drop top Camaro ZL1 Convertible starts at $61,745 – giving the GT500 an advantage of $1,105 for the Coupe and $1,300 for the Convertible. More importantly, the GT500 has a massive advantage in power with 662hp and 631lb-ft of torque to the Camaro ZL1 output of 580 horsepower and 556lb-ft of torque.
All of the prices for the 2014 Ford Mustang above include the $795 destination fee. Camaro prices include their destination fee of $900.

The four basic 2014 Ford Mustang models powered by the 3.7L V6 all have the same price as the 2013 model year beginning with the V6 Base Coupe at just $22,995. This is the least expensive option of the muscle car class comprised of the Mustang, the Chevrolet Camaro and the Dodge Challenger.

Again, the Chevrolet website is not yet showing the prices for the 2014 Camaro but unless General Motors drops the prices on every single Camaro trimline – the 2014 Mustang will continue to be the bargain buy of the American muscle car class. However, price increases without any significant changes could hurt Ford’s chances of claiming the muscle car sales title for 2013 and if they do not win, GM will claim the title for an impressive 4th straight year.