For the first time since 2002, the Ford Mustang faces direct competition. In order to keep Mustang sales strong, Ford has undercut both the 2010 Chevrolet Camaro and the 2009 Dodge Challenger base pricing.
The base 2010 Mustang will start at $21,845 when deliveries begin in the spring of 2009. It is unclear if this includes destination charges or not, but the current Mustang destination charge is $795 so expect it to stay about the same. The 2010 Chevrolet Camaro starts at $22,995 (less destination) and the 2009 Dodge Challenger starts at $22,545 including destination.
The 2010 Mustang comes standard with a 4.0 L V-6 and a five-speed manual transmission. Output from the V-6 remains the same at 210 hp and 240 lb-ft of torque and is still put to the ground via a live-rear axle. The base Mustang content includes some nifty features such as sequential taillamps, an auxiliary audio input, cruise control, and a crash alert system similar to GM’s Onstar. Options include automatic HID headlights, eighteen-inch polished aluminum wheels, power seats, and of course to remain the volume seller, a five-speed automatic transmission.