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Following yesterday's announcement of performance specifications, Ford has revealed the 2018 Mustang will be priced from $25,585 when it goes on sale in the United States this fall.

Costing $400 more than the 2017 model, the updated Mustang comes equipped with a newly standard 2.3-liter EcoBoost four-cylinder engine that produces 310 hp (231 kW) and 350 lb-ft (474 Nm) of torque. It replaces the previous 3.7-liter V6 which developed 300 hp (223 kW) and 280 lb-ft (379 Nm) of torque. Despite costing more than the previous entry-level Mustang, the new model is a bit of a bargain as the previous EcoBoost variant started at $26,195 so owners are looking at a saving of $610.

Unfortunately, that's where the saving ends as the 2018 Mustang GT starts at $35,095 which is a $1,900 increase from the previous year. That's a pretty steep jump but the car comes equipped with an upgraded 5.0-liter V8 that produces 460 hp (343 kW) and 420 lb-ft (568 Nm) of torque which is an increase of 25 hp (18 kW) and 20 lb-ft (27 Nm). This enables the model to accelerate from 0-60 mph in less than four seconds.

Last but not least, the 2018 Shelby GT350 will be priced from $57,145 which is a $1,000 increase from last year. It continues to be powered by a familiar 5.2-liter flat plane crank V8 engine.

Fans who want to explore the models a bit further can check out the 2018 Mustang configurator which launched earlier today.

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