Pricing
Although official pricing has not yet been released, we predict the V6 Mustang will be priced around $20,000, the GT at $25,000, and the Shelby GT500 around $41,000. The Shelby GT500KR will most likely be priced around $46,000.Final Take
Overall, the 2008 Mustang is much like the 2007 model with a few additional features. The real highlight this year is the Shelby lineup. The GT500KR is sure to generate much attention from Mustang enthusiasts around the world.
A 2008 special-edition Mustang Bullitt will be an available offering as well. The 2008 Bullitt will coincide with the 40th anniversary of the 1968 GT 390 Mustang driven by Steve McQueen in the movie Bullitt.
All 2008 Mustangs will be built in Flat Rock, Mich., with final assembly of the Shelby GT and GT500KR taking place at the Shelby Automobiles facility in Las Vegas. A late-summer 2007 launch is expected for the Shelby GT, shortly before the traditional launch of the 2008 Mustang this Fall. The Shelby GT500KR is set to launch sometime in the Spring of 2008.
See more of the 2008 Ford Mustang in our Photo Gallery.
2008 Lineup
- V6 Deluxe, Premium (Convertible, Coupe)
- GT Deluxe, Premium (Convertible, Coupe)
- Bullitt Mustang
- Shelby GT
- Shelby GT500
- Shelby GT500KR
- Shelby GT-H (Available at Hertz rental agencies only)
- California Special Package (GT)
- GT Appearance Package (GT)
- Pony Package (V6)
- Warriors in Pink Mustang Package
Engine Options
- 4.0-liter 60-degree V6
- 4.6-liter 90-degree V8
- Modified 4.6-liter 90-degree V8 (Shelby GT)
- 5.4-liter supercharged V8 (Shelby GT500/GT500KR)
Transmissions Options
- 5-speed manual Tremec T-5 (V6)
- 5-speed manual Tremec 3650 (V8)
- Five-speed automatic transmission (Optional V6/V8)
Color Options
ExteriorTorch Red Clear coat, Performance White Clear coat, Windveil Blue, Black Clear coat, Vista Blue Clear coat Metallic, Grabber Orange Clear coat, Alloy Clear coat, Vapor Clear coat Metallic, Silver Clear coat Metallic and Dark Candy Apple Red Clear coat Metallic
Interior
Medium Parchment, Light Graphite, Dark Charcoal Black, Dark Charcoal Black with red interior accents
Interior Features
V6 Deluxe Package: Auxiliary audio input jack; One-touch up-down power windows; Power mirrors and door locks; Keyless entry; air conditioning; AM/FM audio system with single CD; Tilt steering wheel; Speed control; Rear window defroster; Stainless steel exhaust; 16-inch wheels; Four-wheel power disc brakes; Cloth bucket seats with 50/50 split-fold rear on coupe models; Seat-mounted side air bags; LATCH; Personal Safety System®; SecuriLock®; and Tire Pressure Monitoring System.V6 Premium adds: 16-inch, painted bright machined-aluminum wheels with chrome spinner; Shaker 500 audio system with six-disc CD changer and MP3 capability; Six-way power-adjustable driver seat.
GT Deluxe adds: 4.6-liter, 3-valve, V8 engine; ABS with traction control; Stainless steel dual exhaust; Front fog lamps in grille; Complex reflector halogen headlamps with integral turn signals; Rear spoiler; Performance tires with 17-inch, painted cast-aluminum wheels; and AM/FM audio system with single CD.
GT Premium adds: Shaker 500 audio system with six-disc CD player; and Aberdeen leather-trimmed, Embossed sport bucket seats.
Options include: Ambient interior lighting; GT California Special Package; GT Appearance Package; Comfort Group; Shaker 1000 premium audio system; SIRIUS® Satellite Radio; Touch-screen navigation system; V6 Pony Package; Interior Upgrade Package with satin-aluminum trim or dark aluminum trim and MyColor custom instrument panel; Sport Interior Appearance Package; Premier Trim with Color Accent Package, Sport Exterior Appearance Package; Five-speed automatic transmission; Two styles of 18-inch, cast-aluminum wheels; Active anti-theft system.
Ford Mustang - What's New for 2008
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What's New for 2008
2008 Bullitt Mustang
2008 Warriors in Pink Mustang
2008 Mustang Shelby GT
2008 Mustang Shelby GT500
2008 Mustang Shelby GT500KR
Source: Ford Motor Company


