2011 Mustang Reviews and Prices

Base-price range for the 2011 Ford Mustang is $22,995-$35,496 for V-6 and GT models. Prices for the 2011 Shelby GT500 model were not announced in time for this review but are expected to again start around $50,000. (Prices in this review include the manufacturer’s destination fee; Ford’s fee for the 2011 Mustang is $850.)

The 2011 Mustang base model is priced at $22,995 for the coupe and $27,995 for the convertible. The 2011 Mustang GT starts at $30,495 for the coupe and $35,495 for the convertible. The GT adds to the base model the 5.0-liter V-8, brake upgrades, larger wheels and tires, and a performance-calibrated antiskid system.

The 2011 Mustang is again available in upgraded Premium trim that adds about $2,850 to the base price of a V-6 model and around $2,350 to a GT. Premium trim costs more on the base model because it adds fancier alloy wheels. To both models, Premium trim adds leather upholstery with a leather wrapped steering wheel, power driver’s seat, the Sync system, and Ford’s 500-watt Shaker audio unit with Sirius satellite radio. Premium versions also get a variety of cabin enhancements, including real aluminum accents for the dashboard, pedals, steering wheel, and shifter knob, plus a dressed-up gauge cluster with Ford’s MyColor system of adjustable interior lighting colors.

To any 2011 Mustang base or GT model automatic transmission is a $995 option. Among other key options, the navigation package is priced at $2,340 and includes dual-zone automatic climate control. The glass roof panel is $1,995. The GT’s Brembo brake/special wheel-and-tire package costs $1,695. The V-6 Mustang’s Performance Package costs $1,995 and the MCA package is $995. Well-equipped, a 2011 Mustang V-6 Premium coupe could list for just over $34,000, a convertible for around $36,200.

Mustang’s Shelby GT500 variant has specific exterior and interior trim, special instrumentation, sport seats with leather upholstery, and a short-throw shifter. Prices for the 2011 Ford Mustang Shelby GT500 were not announced in time for this review, but figure around $49,000 for the coupe and around $54,000 for the convertible. Whether the 2011 GT500 will continue subject to a $1,000 gas-guzzler wasn’t announced, either. Ford says the GT500 will account for about 10 percent of 2011 Mustang sales; the 2011 model was not available for test as part of this review.