Ford Mustang coupe - MPG, running costs & CO2 (2015-2024)
The Ford Mustang is not a car you’ll buy if concerned about running costs
Looking at the initial purchase prices, the Mustang looks like fantastic value for money – and it can be – but running costs are fairly steep, too. The most powerful V8 version drinks fuel at an alarming rate, and is more than likely to chew through tyres if driven briskly. It’s not a likely candidate for company-car drivers, then, and most owners will probably own a more economical car as well – savouring the Mustang when the mood takes them.
Ford Mustang MPG & CO2
Even the 2.3-litre EcoBoost Mustang wasn’t economical, so you’ll need to brace yourself for frequent visits to fuel stations in the Mustang GT.
Even at a steady cruise, you’re unlikely to see strong fuel efficiency from the Mustang GT, with the 10-speed automatic model officially returning up to 25.2mpg. Opt for the manual gearbox, and you’ll likely see around 24mpg at best. While in the track-focused Mach 1 model, economy falls further still to 22.8mpg for the six-speed manual and 24.1mpg for the automatic.
As every version of the Mustang emits over 250g/km of CO2, any company-car drivers considering one will pay the highest rate in tax. And for private buyers, because all models start at more than £40,000, you’ll also pay a hefty surcharge on the Mustang’s annual tax bill in years two to six, totalling nearly £500. Still, this is still less than under the old VED (road tax) system.
Insurance
Mustang insurance costs should be around the same as for the similarly powered BMW M4, which sits in group 42. The Mustang V8 is in group 43, so it’s likely to be slightly more expensive to cover. The old 2.3-litre four-cylinder version is a little cheaper to insure, sitting in group 41, but this is somewhat higher than the equivalent BMW 440i, which is in group 37.
Warranty
Like all Fords, the Mustang comes with a three-year/60,000-mile warranty, which, while not the most generous available, is about par-for-the-course on a car such as this. BMW and Mercedes’ three-year warranties have no mileage limit, however.