The 2021 Mustang has it all, from a convertible turbo-4 edition to an insanely fast supercharged track monster. We give it a 7 here: Its extravagant options list generates great value when ordered correctly, but the 3-year/36,000-mile warranty is mediocre and the base infotainment system’s antique.

Hang with us here through the maze of Mustang configurations: coupes come in EcoBoost, EcoBoost Premium, GT, GT Premium, Mach 1, and GT500 trims; the GT350’s history. Convertibles come in all but Mach 1 or GT500 spec.

Base $28,350 Mustang coupes get cloth upholstery, 17-inch wheels, a line lock for smoky burnouts, manual front seats, and a 4.2-inch audio display. It’s a stripper, and not the kind we’d tip generously. 

A high-performance package adds 19-inch wheels, active exhaust, summer tires, and heavy-duty brakes and front springs; a handling package gains a Torsen limited-slip differential, even better brakes and tires, and adaptive dampers. You’ll pay thousands more for a Premium package with an 8.0-inch touchscreen, Apple CarPlay and Android Auto, 18-inch wheels, adaptive cruise control, power front seats, 9-speaker audio, and navigation. A convertible costs $5,500 more than a coupe.

GT Mustangs get LED headlights, rear parking sensors, and a power driver seat; the $41,315 GT Premium gains leather upholstery and heated mirrors, in addition to the other Premium features listed above.

Which Ford Mustang should I buy?

We’d spec out a GT Premium fastback with the performance package for $47,610—but since that doesn’t have all the go-fast goods of the previous Performance Package 2, we’d slip into a $55,510 Mach 1 Premium with those tuning and handling bits, along with heated and cooled cloth seats and aluminum pedals.

How much is a fully loaded 2021 Ford Mustang?

The $74,095 Shelby GT 500 tops the list with its 760-hp V-8, 7-speed dual-clutch transmission, massive brakes, 305/30 and 315/30 Michelin Pilot Sport 4S tires, wide 20-inch wheels, and extravagant bodywork.

Review continues below

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