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During the month of May 2020, a new Ford Mustang discount drops the price of select 2019 models by over $5,000. However, the offer is not available in all markets. Meanwhile, a nationwide rebate lowers the price of most 2020 models by $3,000. Additionally, Ford is offering interest-free financing on both 2019 and 2020 models.
Notably, The Blue Oval continues to exclude the range-topping Shelby GT350 and Shelby GT500 models from any manufacturer incentives, though the soon-to-be-discontinued Bullitt model, which will soon be replaced by the Mustang Mach 1, are fair game. Interested parties should also note that the Shelby GT350 will be discontinued after the 2020 model year.

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Ford Mustang Incentives
Ford Mustang discount offers for the Mustang in May 2020 are fairly similar throughout the country, and are as follows:
  • 2019 Mustang Offers:
    • Retail: $5,250 total cash discount for EcoBoost Premium 200A/201A Fastback & Convertible models
      • Offer not available in Detroit market
        • Detroit Offer: $3,000 off EcoBoost Premium Convertible models
      • Excludes GT350 and GT500 models
    • Finance: 0 percent APR for 84 months
  • 2020 Mustang Offers:
    • Retail: $3,000 total cash discount for 2020 models
      • Excludes GT350 and GT500 models
    • Finance: 0 percent APR for 72 months
Prospective buyers should note that these offers will remain valid through the end of the month.

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For reference, here are the applicable 2019 and 2020 Mustang trim levels and their corresponding starting MSRPs, including destination charge:
2019 Mustang Coupe:
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  • EcoBoost Fastback – $27,490
  • EcoBoost Premium Fastback – $32,505
  • GT Fastback – $36,450
  • GT Premium Fastback – $40,450
  • Bullitt Fastback – $47,690
2019 Mustang Convertible:
  • EcoBoost Convertible – $32,990
  • EcoBoost Premium Convertible – $38,005
  • GT Premium Convertible – $45,950
2020 Mustang Coupe:
  • EcoBoost Fastback – $28,510
  • EcoBoost Premium Fastback – $33,525
  • GT Fastback – $36,825
  • GT Premium Fastback – $40,825
  • Bullitt Fastback – $48,900
2020 Mustang Convertible:
  • EcoBoost Convertible – $34,010
  • EcoBoost Premium Convertible – $39,025
  • GT Premium Convertible – $46,325

Disclaimers
  • Must take delivery from an authorized Ford dealer’s stock by June 1st, 2020, unless specified otherwise.
  • See dealer for details.
  • Incentive for the United States of America, unless otherwise specified.
  • Some customers may not qualify for this offer.
  • Residency restrictions apply.
  • Ford discount offer not available with special finance, lease, and some other offers.
We strive to provide accurate and up-to-date information about the vehicles and their incentives in question, but errors and misprints can happen. In addition, the manufacturer can change incentive information at any time and without notice. Always consult with your dealer regarding color availability information before making purchase decisions. Ford Authority will not be held responsible for any misprints, typos or any other errors.
 
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