While the all-new, sixth-generation version of Ford's iconic pony car is set to arrive later this year, the current model line continues to prove its worth — particularly when it comes to affordability. The Ford Mustang earns its second consecutive 5-year Cost to Own Award in the sports car category for besting its closest competitor by nearly $1,000.
Although it has certainly come a long way over the past 50 years, the 2014 Ford Mustang wholly captures the essence of the original. To that end, it's no secret that blending retro styling with modern technology is no easy task, but the 2014 Mustang manages to deliver a satisfying balance of each. For instance, beneath the Mustang's familiar sheet metal lies a 3.7-liter V6 engine that pumps out 305 horsepower yet still returns up to 31 mpg on the highway when matched with the optional 6-speed automatic transmission.
This juxtaposing theme carries over into the interior, where classic design cues blend seamlessly with state-of-the-art technologies like driver-selectable steering modes, hands-free text messaging functionality, and smartphone app integration via Ford's available AppLink infotainment system. And, in typical Mustang fashion, Ford offers a veritable treasure trove of customization options to suit a variety of tastes.
Best of all, a 305-horsepower Mustang fitted with a 6-speed manual transmission can be had for under $23,000. If ever a vehicle were deemed the poster child of affordable fun, it's the Ford Mustang.
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