2020 ford mustang
MSRP
$48,170
CarsDirect Target Price
$41,506
Lease EstimateSee Lease Deals
$701/mo
Finance Estimate
$581/mo
Est Monthly Loan

The monthly payment is based on the price of this vehicle assuming it is financed. If you choose to lease, you can also use the payment calculator to determine your lease terms. Default values for financing include: Term of months, APR of , and Sales Tax of . Default values for leasing include: Term of months, Money Factor of , Residual Value of , and Sales Tax of .

2021 Ford Mustang
Lease
$350 / month
Finance
$385 / 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
Incentives
Incentives that help lower the selling price of a vehicle.
Down Payment
Trade-In Value
Money Factor
Represents the interest charged on a lease. May require top-tier credit to qualify for the best rates.
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Sales Tax
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2021 Ford Mustang Prices and Deals

John Diether
Automotive Editor - April 7, 2021
  • 2021 Mustang arriving; 2020s still in stock
  • Lease: From $299 for 36 months
  • Rebates: $1,750 off 2020s; $500 off 2021s
  • Finance: From 0.9% for 36 months

What to expect at the dealer:

The carryover 2021 Mustang continues arriving at dealers nationwide. It will take another month for supplies to firm up. The lineup gains a new Mach 1 trim this year. A hybrid model is reportedly in the works. The 2020 Mustang should remain on sale through the end of the month.

Sales have been brisk, so don't expect substantial dealer discounting. However, factory incentives have been decent lately. The Bullitt edition is excluded from factory offers and usually sells at MSRP. The special Shelby GT350 edition is extremely rare and also excluded.

Current factory offers vary by region and are scheduled to remain in effect through July 6, 2021 unless otherwise noted.

Lease: From $299 for 36 months

As before, the 2020 Mustang EcoBoost coupe starts $299 for 36 months (10,500 miles a year) with $2,999 due at signing. The effective monthly cost works out to $382, which isn't a good value for this price class. This will probably be the final lease offer of the model year.

Note this offers reflects a $500 Select Inventory bonus on vehicles in stock longer than 60 days. The cash at signing will be $500 higher without it.

According to Ford's online payment estimator, the 2021 Mustang EcoBoost coupe starts at $349 for 36 months with $3,184 at signing. The effective monthly cost is $437, which isn't a good deal in our analysis. We expect to see improvement once the 2020s sell out, but keep in mind the Mustang is seldom a top lease value.

Rebates: $1,750 off 2020s; $500 off 2021s

The factory rebate on the 2020 Mustang remains at $1,750. Ford now offers a $500 rebate on the incoming 2021 Mustang, a typical amount for this point in the year.

The Mustang doesn't carry the same level of incentives found on other Ford models.

Finance: From 0.9% for 36 months

Instead of the cash rebate on a 2020 Mustang, Ford offers promotional financing starting at 0.9% for 36 months. You can also get 1.9% for 48 months or 4.9% for 72 months.

Rates on the 2021 Mustang range from 1.9% for 36 months to 5.9% for 72 months.

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Advertised Lease Deals

2021 EcoBoost Turbo Coupe with Manual (Estimated Payment)
$349Monthly Payment
Term Length (months): 36
Due at signing: $3,184
Mileage: 10.5k
MSRP: $28,350
Deal Valid in: California
Expiration: 7/6/21
2020 EcoBoost Turbo Coupe with Automatic (Select Stock)
$299Monthly Payment
Term Length (months): 36
Due at signing: $2,999
Mileage: 10.5k
MSRP: $29,460
Deal Valid in: California
Expiration: 7/6/21

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 4/19/21 in 20149
MSRP
$48,170
Sales Price
$44,006
Cash Rebates
$2,500
Target Price
$41,506
Lease Estimate
$701/mo
Finance Estimate
$581/mo

Cash Incentives

Incentive available to most customers and purchasing situations.
RebateAmount
Customer Rebate Retail Customer Cash (Expires 7/6/21) 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. $1,750
Customer Rebate Select Inventory Retail Customer Cash (Expires 7/6/21) 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. Vehicles must have arrived at dealership at least 61 days prior to sale date. $750

Financing Incentives

RebateAmount
Customer Rebate Select Inventory Retail Customer Cash (Expires 7/6/21) 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. Vehicles must have arrived at dealership at least 61 days prior to sale date. $750
Promotional APR Offer Promotional APR programs available for qualified buyers. 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.
Term(s)1 - 3637 - 4849 - 6061 - 7273 - 75
Rate %0.9%1.9%2.9%4.9%5.9%
Eligibility Residents residing in qualifying regions of the United States.

Hurry! Offer expires

Leases For Similar Cars

Based on 2021 Ford Mustang GT Premium 2dr Convertible - MSRP $48,170

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