CANBERRA: Back in 2001 Ford Mustang was released at the market price of $85,000 for a coupe and $89,000 for convertible model. But now in 2015 Ford Mustang has been in the markets at the price of $44,990 which is more than half of its price of 2001.
But this is not that much good news for the owners of Ford Mustang who are still paying $20,000 more for the car than American markets where Ford Mustang is being selling for $25,300 and V8 from $32,300.
The US prices don’t include state taxes and dealer delivery fees but even taking those into account there is still a large gap.
However, Ford fans don’t seem to mind, with 700 confirmed paid deposits for the new Mustang with a further 15,000 “expressions of interest” from prospective buyers, says Ford Australia.
Furthermore, the new Ford Mustang is cheaper than the last iconic two-door muscle car sold locally, the Holden Monaro.
Ford is banking of having more success with the new model than it did with the locally co
Ford is banking of having more success with the new model than it did with the locally converted Mustangs sold from 2001 to 2003. Source: Supplied
The Holden Commodore-based coupe cost $47,990 for a V6 and $56,990 for a V8 in 2001; both versions of the new Mustang are cheaper than the Monaro, more powerful and yet more fuel efficient.
Ford is banking of having more success with the new model than it did with the locally converted Mustangs sold from 2001 to 2003, when fewer than 400 were sold.
At the time, those Ford Mustangs were rushed on sale to compete with the Holden Monaro; in the end 12,829 Holden coupes were sold from October 2001 to December 2005. More than 31,000 were exported to the US and sold as Pontiacs.
The first shipments of the new Mustang — the first to be made in right-hand-drive on a Ford production line — are due to arrive in local showrooms before December.
