2014 will be the final year of the current-generation Ford Mustang that debuted in 2005—it's also the model's 50th anniversary of production. The Mustang has always been rooted in affordable performance, and it continues for 2014—there is a Mustang in every flavor from mild to wild, to fit every taste and budget.
The wraps have been pulled off the all-new 2015 Mustang, but it won’t go into production until the end of 2014.
What's New for 2014
In anticipation of the all-new model, the 2014 Mustang only gets some new paint colors and package contents. Inside, all 2014 Mustang models come with new easier-to-read instrument cluster graphics. The much loved and well received Boss 302 model is dropped from the lineup.
Choosing Your Ford Mustang
When pondering a Mustang purchase, there are many things to consider. The first question you will have to ask is coupe or convertible? The next: Do you want V6 or V8 power under the hood of this rear-drive pony car? Then: six-speed manual transmission or six-speed SelectShift automatic (with manual capabilities) in your Mustang?
Two great engines reside under the hood of the Mustang, and are tied to trim level.
In the past, opting for anything but a V8 penalized the driver with less-than-exciting performance. That's no longer true. The 3.7-liter V6 generates out an impressive 305 horsepower and 280 pound-feet of torque; fuel economy is rated at an impressive 19 mpg city/29 mpg highway with a six-speed manual and 19mpg city /31mpg with a six-speed automatic. This engine is available on the:
- V6: The base V6 comes with the basics—air conditioning, power windows and a stereo system. Options include a $1,295 Tech Package with SYNC, fog lamps, a six-way power driver's seat, and an auto-dimming mirror.
- V6 Premium: Leather upholstery is now standard, but the real upgrade is access to a host of optional packages that add everything from navigation and heated seats to automatic climate control.
Your V8 option is a 5-liter unit with 420 horsepower and 390 pound-feet of torque. Decent fuel economy numbers from the rumbling V8 include 15 mpg city and 26 mpg highway with a manual gearbox or 18 mpg city and 25 mpg highway with the automatic. It comes with the:
- GT: Standard equipment on the GT mirrors that of the V6, but also grants access to option packages with Brembo brakes and special appearance features.
- GT Premium: Likewise, the GT Premium tracks with the V6 Premium when it comes to standard equipments. The key difference is the V8 and access to options.
If you're looking for a sporty commuter, we recommend the V6 Premium. It has the same performance as V8 Mustangs in recent memory, uses less gas and will come with a less shocking insurance premium. If you want maximum performance, however, we can hardly tell you not to go with a GT. And the closer we get to the release of the new Mustang, the better your deal will probably be.