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2021 Ford Mustang pricing and specs detailed: Best-selling sports car gets technology upgrade - at a cost - and new colours

The Mustang range has received some changes for MY21.5.

Ford Australia quietly updated the sixth-generation Mustang sports car for MY21.5 last month, with the best-seller becoming more expensive following the technology upgrade.

All Mustang variants, excluding the recently launched Mach 1 flagship, have become $200 dearer (see full pricing table below) with the addition of FordPass Connect to their shared list of standard equipment.

According to Ford Australia, “this exciting feature allows owners to locate their vehicle, lock and unlock the doors, and even start the engine remotely to heat or cool the cabin to the last known setting from the FordPass app on their smartphone”.

Better yet, the sports car’s prestige paintwork options now include Yellow Peel, Carbonized Grey and Antimatter Blue, so MY21.5 can well and truly stand out from the crowd if desired.

As before, the Mustang is available with two engines, including a 236kW/448Nm 2.3-litre turbo-petrol four-cylinder (2.3L High Performance) and a 5.0-litre naturally petrol V8 in two forms: 339kW/556Nm (GT) and 345kW/556Nm (Mach 1).

Excluding the automatic-only convertible body style, the 2.3L High Performance, GT and Mach 1 versions come with the choice of a six-speed manual or a 10-speed torque-converter automatic.

All variants are rear-wheel drive, while body-style options also extend to the Fastback coupe, which is the only choice for Mach 1 buyers.

2021 Ford Mustang pricing before on-road costs

VariantTransmissionCost
2.3L High Performance Fastbackmanual$51,690 (+$200)
2.3L High Performance Fastbackautomatic$54,690 (+$200)
2.3L High Performance Convertibleautomatic$60,990 (+$200)
GT Fastbackmanual$64,390 (+$200)
GT Fastbackautomatic$67,390 (+$200)
GT Convertibleautomatic$75,225 (+$200)
Mach 1 Fastbackmanual$83,365 (N/A)
Mach 1 Fastbackautomatic$83,365 (N/A)
Justin Hilliard
Head of Editorial
Justin’s dad chose to miss his birth because he wanted to watch Peter Brock hopefully win Bathurst, so it figures Justin grew up to have a car obsession, too – and don’t worry, his dad did turn up in time after some stern words from his mum. That said, despite loving cars and writing, Justin chose to pursue career paths that didn’t lend themselves to automotive journalism, before eventually ending up working as a computer technician. But that car itch just couldn’t be scratched by his chipped Volkswagen Golf R (Mk7), so he finally decided to give into the inevitable and study a Master of Journalism at the same time. And even with the long odds, Justin was lucky enough to land a full-time job as a motoring journalist soon after graduating and the rest, as they say, is history. These days, Justin happily finds himself working at CarsGuide during the biggest period of change yet for the automotive industry, which is perhaps the most exciting part of all. In case you’re wondering, Justin begrudgingly sold the Golf R (sans chip) and still has plans to buy his dream car, an E46 BMW M3 coupe (manual, of course), but he is in desperate need of a second car space – or maybe a third.
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