Rights to first 2024 Ford Mustang sold for $565,000 at auction

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Ford is offering rights to the first customer examples of the redesigned 2024 Mustang via a charity auction over the weekend, and the final bid totaled $565,000.

The sale took place at the annual Barrett-Jackson auction in Scottsdale, Arizona, and all proceeds from the sale will go to JDRF, a charity that supports the fight against diabetes.

The first of the new seventh generation Mustangs, a car with a VIN ending in 001, is definitely the Mustang GT. It hasn’t been built yet so the winning bidder still has the chance to configure the car to his liking.

Ford also sold the rights to first examples of the new Shelby GT500, Mach 1, and the Bullitt through a charity auction. It’s not uncommon for bids to enter seven-figure territory during such sales, so the latest offers are more on the conservative side. For example, the rights to the first 2020 Mustang Shelby GT500 sold for $1.1 million in 2019.

The Dark Horse of the 2024 Ford Mustang

The Dark Horse of the 2024 Ford Mustang

Ford Mustang 2024

Ford revealed the 2024 Mustang last September. We’ll see it in showrooms this summer, in the EcoBoost, GT, and the new Dark Horse class. The EcoBoost comes with a 315-hp 2.3-liter turbo-4, while the GT offers a 5.0-liter V-8 with 480 hp in standard guise or 486 hp with the available active exhaust option. The Dark Horse shares the Mustang GT’s 5.0-liter V-8 but gets 500-hp. Buyers can choose between a 6-speed manual or a 10-speed automatic.

Pricing information will be released closer to the market launch.

Other highlights from Barrett-Jackson recently included a one-off Ferrari F40 in Nardo Gray that retailed for $2.75 million, as well as a pair of Ford GT Carbon Series supercars that sold for $1.32 million each.

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