The Mustang V6 convertible matches the coupe's $750 price bump, carrying an MSRP of $27,995. Adding the Premium package to either V6 model adds $3,700 to the bottom line.
The Mustang GT coupe will crack the $30,000 mark for the 2011 model year, carrying a suggested retail price of $30,495. Although that's a rather significant $1,250 price increase over the 2010 Mustang GT coupe, it still undercuts the Chevrolet Camaro SS by $1,300.
For those wanting unlimited headroom and Ford's new 5.0L V8, dealers will gladly exchange the 2011 Mustang GT convertible for $35,495. Ford's premium package can also be had on either Mustang GT model, adding about $3,200 to the take home price.
Several other options will be available on the 2011 Ford Mustang models, including a $995 automatic transmission option and a $2,340 infotainment bundle with navigation.