Ford
Mustang
2020
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2020 ford mustang
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2020 Ford Mustang

Lease EstimateSee Lease Deals
$383/mo
Finance Estimate
$418/mo
FROM
$28,860
MPG
21 city / 30 hwy

Expert Rating

Not Available

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2020 Ford Mustang
Lease
$383 / month
Finance
$418 / month
Vehicle Price
A typical negotiated price before taxes & fees.
Incentives
Incentives that help lower the selling price of a vehicle.
Available Money Factor of 0.0009375 for 36 month lease
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Buying Tips

What you must know before buying the Ford Mustang

John Diether
Automotive Editor - November 7, 2019
  • 2019 Mustang still widely available; 2020s arriving
  • Up to $4,250 factory cash on 2019s; $1,000 on 2020s
  • Lease a 2019 from $289 for 36 months
  • Get 0% APR for 72 months on 2019s

Mustang still going strong:

The 2019 Mustang remains in good supply nationwide. Interest is still high, so don't expect substantial dealer discounting. However, factory incentives are very strong this month.

The Bullitt edition is excluded from factory offers and usually sells at MSRP. The special Shelby GT350 edition is extremely rare.

The 2020 Mustang continues flowing into dealers. It will take another month or so for supplies to firm up. The line will reportedly gain a hybrid model later in the model year. EcoBoost models are available with a new Performance Package.

Current factory offers vary by region and are scheduled to remain in effect until January 2, 2020 unless otherwise noted. It's likely Ford will enhance incentives for Black Friday weekend.

More cash off:

The 2019 Mustang now carries rebates of $2,500 to $3,500, depending on the trim. The EcoBoost Premium coupe gets the most. In addition, there's a $750 Select Inventory bonus on models in stock longer than 61 days. That adds up to $4,250 in factory cash, a terrific amount for this model.

The initial rebate on the 2020 Mustang is $250, and the $750 Select Inventory bonus is available.

What to expect on a lease:

Once again, you can lease a 2019 Mustang EcoBoost coupe from $289 for 36 months (10,500 miles a year) with $3,189 due at signing. The effective monthly cost works out to $378, which falls short of a good value for this price. Better deals will come later in the year.

The initial lease offer on the 2020 Mustang EcoBoost coupe is $336 for 39 months with $2,777 at signing. The effective monthly cost is $407, which is rather expensive. Look for offers to improve starting next year.

0% for 72:

Instead of the cash bonus on a 2019 Mustang, Ford now offers 0% financing for 72 months. That's very unusual for this model — grab it while you can.

There are no finance offers on the incoming 2020 Mustang yet.

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Get Your Price

Advertised Lease Deals

EcoBoost Coupe
$336Monthly Payment
Term Length (months): 39
Due at signing: $2,777
Mileage: 10.5k
MSRP: $27,765
Deal Valid in: California
Expiration: 1/2/20

This ranks as an excellent deal based on our expert analysis of: vehicle price, length of lease term, amount due at signing, monthly payment, etc.

CarsDirect Target Price

Prices vary by style

CarsDirectPricing as of 11/16/19 in 20149
MSRP
$29,360
Sales Price
$28,860
Cash Rebates
$0
Target Price
$28,860
Lease Estimate
$383/mo
Finance Estimate
$418/mo

Cash Incentives

Incentive available to most customers and purchasing situations.
RebateAmount
Customer Rebate Select Inventory Retail Customer Cash (Expires 1/2/20) Customer Rebate: Customers must take delivery of this vehicle prior to the expiration date to be eligible for this manufacturer rebate. This rebate may not be available on special factory orders or used in conjunction with special manufacturer financing or leasing programs. Other special financing programs may be available. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Residents residing in qualifying regions of the United States. %Qualification% Rule of '10' and Standard Rules of Eligibility apply. %Requirements% Requires 99H Requires 99H $750
Customer Rebate Retail Customer Cash - 13606 (Expires 1/2/20) Customer Rebate: Customers must take delivery of this vehicle prior to the expiration date to be eligible for this manufacturer rebate. This rebate may not be available on special factory orders or used in conjunction with special manufacturer financing or leasing programs. Other special financing programs may be available. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Residents residing in qualifying regions of the United States. %Qualification% Rule of '10' and Standard Rules of Eligibility apply. %Requirements% Requires 99H Requires 99H $250

Financing Incentives

RebateAmount
Customer Rebate Select Inventory Retail Customer Cash (Expires 1/2/20) Customer Rebate: Customers must take delivery of this vehicle prior to the expiration date to be eligible for this manufacturer rebate. This rebate may not be available on special factory orders or used in conjunction with special manufacturer financing or leasing programs. Other special financing programs may be available. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Residents residing in qualifying regions of the United States. %Qualification% Rule of '10' and Standard Rules of Eligibility apply. %Requirements% Requires 99H Requires 99H $750
Customer Rebate Retail Customer Cash - 13606 (Expires 1/2/20) Customer Rebate: Customers must take delivery of this vehicle prior to the expiration date to be eligible for this manufacturer rebate. This rebate may not be available on special factory orders or used in conjunction with special manufacturer financing or leasing programs. Other special financing programs may be available. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Residents residing in qualifying regions of the United States. %Qualification% Rule of '10' and Standard Rules of Eligibility apply. %Requirements% Requires 99H Requires 99H $250

Leasing Incentives

RebateAmount
Lease Customer Rebate Select Inventory RCL Customer Cash (Expires 1/2/20) Customer cash available for qualified customers leasing a vehicle through the manufacturer's captive finance company on approved credit. Please check with your CarsDirect Trusted Dealer for complete details.%NotesManuf% %Eligibility% Qualifying residents of the United States. %Qualification% Rule of '10' applies. Standard Rules and Eligibility apply. %Requirements% Requires 99H Requires 99H $250
Hurry! Offer expires

Leases For Similar Cars

Based on 2020 Ford Mustang EcoBoost 2dr Fastback - MSRP $29,360

Best Ford Deals & Lease Offers In November

As before, Ford's best deals include extra cash you can only get on cars in stock for over 61 days. In the case of the 2019 Mustang EcoBoost Premium Coupe, you can now get... View All Ford Lease Deals

2020 Ford Mustang Overview

Willis Kuelthau
Automotive Editor

What's New

The 2020 Ford Mustang sees mostly smaller tweaks, with one major addition: a new engine tune. That’s a high-performance version of the base 2.3-liter EcoBoost engine, now producing 330 horsepower and 350 pound-feet of torque. The rest of the changes are small additions and subtractions among exterior colors, wheel choices, and package options.

Choosing Your Ford Mustang

The Ford Mustang comes in three flavors: EcoBoost, GT, and Bullitt. That's aside from the powerful Shelby versions, which are covered separately. Prices range from $27,765 including destination for the EcoBoost to $48,905 for the Bullitt.

The EcoBoost and GT trims are available in either fastback or convertible form, the Bullitt only in fastback. Where available, opting for the convertible adds a $5,500 premium.

Engine Choices

Powering the Mustang is one of two engines, both of which come in multiple tunes. A turbocharged four-cylinder engine may still seem out of place in a muscle car, but Ford's EcoBoost has plenty of grunt, and the improved fuel economy is a welcome perk.

Engine TypeHorsepowerTorqueFuel Economy (Combined)
2.3L Turbo 4-Cylinder310 hp350 lb-ft25 mpg
2.3L High Performance Turbo 4-Cylinder330 hp350 lb-ft23 mpg
5.0L V8460 hp420 lb-ft19 mpg
5.0L V8 (Bullitt)480 hp420 lb-ft18 mpg

The EcoBoost gets the 2.3-liter engine as standard. The higher engine tune requires the High Performance Package ($4,995), which also adds a unique chassis tune and a host of performance upgrades. The GT houses the 5.0-liter V8, while the Bullitt receives the higher-tuned version of it.

The EcoBoost and GT come standard with a six-speed manual transmission, but a 10-speed automatic is a $1,595 upgrade. The Bullitt is only available with the manual.

Passenger and Cargo Capacity

Mustangs can technically seat four, although you’d be forgiven for considering it a two-seat sports car. The rear seat is cramped, especially in convertibles (although its more spacious than its rival, the Chevrolet Camaro).

Cargo capacity isn’t much better at 13.5 cubic feet of trunk space. The convertible suffers again, managing just 11.4 cubic feet.

Safety Features

The Ford Mustang isn’t a safety leader, but it’s starting to come around to modernity. Advanced safety options like automatic emergency braking, adaptive cruise control, forward collision warning, and lane keeping assist are available on all but the Bullitt through the $1,000 Ford Safe and Smart Package.

The Mustang has a five-star overall safety rating from the NHTSA.

Connectivity

Tech isn’t the focus of the Mustang’s cockpit, but it can come with an 8-inch infotainment touchscreen running Ford’s SYNC 3 software. The system has voice activation and navigation, plus Apple CarPlay and Android Auto compatibility. The base system comprising a 4.2-inch LCD screen is less inspiring.

EcoBoost - From $27,765

Aside from the 4.2-inch screen, the most affordable Mustang gets 17-inch rims, keyless entry, push-button start, and 4G LTE hotspot capability.

The biggest bundle is the Premium Package. Although listed as a separate model, it’s the same EcoBoost, just with leather upholstery, heated front seats, 18-inch wheels, the 8-inch infotainment touchscreen, and other cabin luxuries for $5,015.

GT - From $36,725

The GT trim is a major step up in performance thanks to the beefy 5.0-liter V8. It also comes with rear parking sensors, 18-inch wheels, and LED fog lights.

The Premium Package adds the same luxury features as it does on the EcoBoost, but here it costs only $4,000. The GT is only available as a convertible if you add the Premium bundle first.

Brembo brakes, 19-inch wheels, and upgraded differentials can all be found in the GT Performance Package for $3,995. If that’s still not enough, the Level 2 Performance Package ($6,500) piles on sticky Michelin summer tires, a magnetic damping system, and a rear spoiler, among other upgrades.

Bullitt - From $48,905

The Bullitt trim is based on the GT Premium with the performance upgrades. The same V8 gets tuned up to 480 horsepower here, and the Bullitt gets exclusive five-spoke wheels and a heated steering wheel.

The Bullitt trim is built largely around aesthetics. It gets its own exterior color (Highland Green), a clean rear decklid, and an armada of exclusive badges.

Some of the best luxury features are available on this trim. Buyers can have blind-spot monitoring, a 12-speaker Bang and Olufsen sound system, and driver’s seat memory settings, all part of the Bullitt Electronics Package ($2,100).

Compare Mustang Trims Side-By-Side

CarsDirect Tip

The 2020 Ford Mustang Bullitt is a charming tribute, but we’d happily settle for the V8-powered GT trim. With a thrilling soundtrack and a classic manual transmission, it’s an excellent rendition of a modern muscle car.

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