How much will the 2023 Mustang cost?

Ford today announced that it is reopening order books for the Mustang Mach-E with the introduction of the 2023 model year vehicle. Largely the same from an equipment standpoint (albeit, with a few updates), the biggest difference between the 2022 model and 2023 is the pricing.

MSRPs for the all-electric SUV have risen by as much as $8,300 for the coming year. The biggest difference will be felt by customers looking to buy a 2023 Ford Mustang Mach-E California Route 1, which now costs $63,575 (excluding destination fee) and is available exclusively in AWD, which accounts for part of the lofty price hike.

Ford is hardly alone in raising prices for new vehicles, with EV manufacturers all over America increasing MSRPs for this coming year. For its part, the blue oval blames material costs for the rising prices.

Read More: Rising Material Costs Mean The Ford Mustang Mach-E Is No Longer Profitable

How much will the 2023 Mustang cost?

“Ford is adjusting the MSRP on the Mustang Mach-E due to significant material cost increases, continued strain on key supply chains, and rapidly evolving market conditions, and will continue to monitor pricing across the model year,” the automaker said. “The adjusted MSRP will go into effect for new orders placed starting Tuesday. Customers who have existing, unscheduled 2022 Model Year orders will receive a private offer to convert to a 2023 Model Year.”

Fortunately, not all price are increasing by quite as much. The base model Mustang Mach-E, the Select trim, will start at $46,895, up $3,000 from 2022. Early adopters, though, were apparently the savviest, because that price was already up $1,000 from the 2021 model.

The 2023 Mustang Mach-E Premium, meanwhile, starts at $54,975, which $5,875 more than the trim started at in 2022 (which again, was $1,000 more than it started at in 2021). The GT trim, meanwhile, now starts at $69,895, which is $7,900 more than it did a year ago.

How much will the 2023 Mustang cost?

New Features And Packages For 2023

In addition to adding dollars to the price, though, Ford has also added some new features. Co-Pilot360 Driver Assist Technology, for instance, is now standard across the entire lineup and the BlueCruise hands-free driving assistant is now available as a complimentary 90-day-trial for owners of certain models.

The Mustang Nite Pony package, meanwhile, (an $800 option) is now available for the Premium trim and comes with high-gloss black 19-inch wheels, black front and rear lower fascia, door cladding, and mirror caps. Also available on the GT trim, it adds 20-inch wheels and black GT badges.

The panoramic fixed-glass roof is now standard on the GT and the GT Performance Edition model, replacing the black painted roof. New colors, meanwhile, grace the lineup, with Carbonized Gray Metallic and Vapor replacing Dark Matter Gray Metallic, and Blue Silver Metallic.

For those undeterred by the pricing increases, order banks for the 2023 Ford Mustang Mach-E open on August 30.

How much will the 2023 Mustang cost?

This article was updated on 8/3/2022 with the latest information.

The Ford Mustang is one of the most beloved sports cars of all time. However, after losing the crown of the best-selling sports car in the United States to the Dodge Challenger in 2021, the Mustang is due for an upgrade. As attention shifts to the recently declared seventh generation debut in September 2022, likely for the 2024 model, the 2023 Ford Mustang should be the last of the sixth generation. Find out what we expect for the release date, price, features, design, and specs of the 2023 Ford Mustang.

When is the 2023 Ford Mustang coming out?

How much will the 2023 Mustang cost?
2022 Ford Mustang | Ford

The 2023 Ford Mustang will likely hit roads in early 2023. The 2023 Mustang will be available at Ford dealerships throughout the United States, as well as in select international markets. Like the 2022 Mustang, the 2023 Mustang will be built at the Ford Flat Rock plant in Michigan.

How much do we expect the 2023 Ford Mustang to cost?

Ford did not yet provide the price information for the 2023 Mustang. However, the 2023 Mustang will likely cost slightly more than the 2022 Mustang ahead of the 2024 model redesign. The starting price of the 2022 Mustang is $27,470 MSRP for the Coupe models and $32,970 MSRP for the Convertible models.

2023 Ford Mustang specs: Engine options — and hybrid and electric models in future years

How much will the 2023 Mustang cost?
2022 Ford Mustang | Ford

While Ford did not officially confirm the engine options for the 2023 Mustang, in October 2021, a Ford employee posted on their LinkedIn page about two plug-in hybrid powertrains: a 2.3-liter inline-four version and one with a 5.0-liter V8. Also, Ford filed a patent a few years ago about a twin-motor hybrid system. The front wheels have two electric motors, and the rear wheels feature a gas engine, creating an all-wheel drive hybrid version of the Mustang. 

The specs are not yet available for these hybrid powertrains. Also, Ford might not release the hybrid powertrains for the 2023 Mustang. Gear Patrol suggested that they might be available starting in 2025. The site also stated that an all-electric Mustang could be released in 2028, which would replace the gas-powered versions. 

In all likelihood, the 2023 Mustang will carryover the engines from the 2022 Mustang:

  • Turbocharged 2.3-liter four-cylinder engine (EcoBoost): 310 hp; 350 lb-ft of torque
  • Turbocharged 2.3-liter four-cylinder engine (High-Performance Package): 330 hp; 350 lb-ft of torque
  • 5.0-liter V8 engine (GT): 450 hp; 420 lb-ft of torque
  • 5.0-liter V8 engine (Mach 1): 470 hp; 410 lb-ft of torque
  • Supercharged 5.2-liter V8 engine (Shelby GT500): 760 hp; 625 lb-ft of torque

What does the 2023 Ford Mustang look like?

Ford did not yet release any official images of the 2023 Mustang. However, there are spy shots of the next-generation S650 model. It’s difficult to see what the S650 Mustang looks like underneath the camouflage. However, relative to the S550 Mustang, the S650 Mustang appears to have more aggressive styling with a more angular hood, along with modernization of exterior design elements.

Something to keep in mind is that there is no guarantee that Ford will release the S650 Mustang for the 2023 model year. In all likelihood, Ford will wait until the 2024 model year and continue to offer the S550 model for 2023.

This article was updated on 8/3/2022 with the latest information.

RELATED: How Much Does a Fully Loaded 2022 Ford Mustang Cost?

Can you order a 2023 Mustang?

When Can I Order A 2023 Ford 2023 Ford Mustang? The 2023 Ford Mustang is finally here! For those of you wondering, "When can I order a 2023 Ford Mustang?" the answer, right now! The 2023 Ford Mustang order banks are now open!

How much horsepower will the 2023 Mustang have?

The 2023 Mustang will likely keep the same stable of engines as the current model year. Base models receive a 2.3-liter turbocharged four-cylinder with 310 horsepower and 350 lb-ft of torque, but the High Performance Package increases power to 332 horsepower.

What is the 2023 Mustang going to look like?

The 2023 Mustang looks sharper and sleeker because of its edgier design. It gets a new set of headlamps and tail lamps that look modern. It still has an aggressive-looking grille design with a Pony badge and a long sloping hood design. There are new alloy wheels and a rear bumper design.

How much will the 2024 Mustang cost?

2024 Ford Mustang Price We expect the 2024 Ford Mustang to start around $30,000. For reference, the 2022 model starts at $27,470. The Chevy Camaro starts at $25,000 and the Dodge Challenger kicks off at $30,430.