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Which 2021 Ford Mustang is Right for You?

Find out which version of Ford's top-selling sports coupe fits your needs.


When someone buys a Ford Mustang, they’re participating in heritage while also driving the name into an exciting future. Whether as a 2-door Fastback coupe or cloth-top Convertible, the Mustang feels special, bringing a sense of occasion every time you jump in, even if you’re going to pick up the dry cleaning. There are rivals, specifically the Chevrolet Camaro and Dodge Challenger. But the Mustang is among the best-selling sports coupes in the world.

One of the reasons for the rear-wheel-drive 2+2 passenger 2021 Ford Mustang’s popularity is the high level of choice in its lineup. 

The Manufacturer’s Suggested Retail Price of the base, 2021 Mustang EcoBoost Fastback coupe, starts at $31,745 (all prices in Canadian dollars). The “EcoBoost” nomenclature refers to the base car’s 2.3-litre turbocharged 4-cylinder engine that makes 310 horsepower and 350 pound-feet of torque (332-horsepower with the $6,500 Performance Package). A 6-speed manual transmission is standard; a 10-speed automatic is optional.

The base 2021 Mustang EcoBoost Convertible adds $5,000 to the price of the coupe. 

With its 460-horsepower and 420-pound-feet of torque, 5.0-litre 8-cylinder, pricing starts at $41,475 for the Mustang GT Fastback and $54,490 for the GT Premium Convertible. 

2021 brings the latest in a long string of special Mustangs: the $65,500 Mach 1. Available only in Fastback hardtop form (no convertible version is offered), the Mach 1 uses the same 480-horsepower and 420-pound-feet of torque 5.0-litre V8 as last year’s Bullitt trim. The Mach 1 is more track-focused than the Bullitt, though, with extra engine cooling, specific aerodynamic additions, an active exhaust system, Brembo brakes, Torsen limited-slip differential and Ford’s MagneRide adaptive suspension.

Regardless of trim level, any new 2021 Ford Mustang can be ordered with many options. Such as ventilated front seats, Bang & Olufsen 12-speaker/1,000-watt audio, 10-speed automatic transmission, leather-covered Recaro sport seats, sport exhaust system, bigger wheels, performance/handling packages, and MagneRide adaptive dampers.

To help you decide which 2021 Ford Mustang is suitable for you, here's a breakdown of the popular sports coupe's trim levels:


2021 Ford Mustang EcoBoost Fastback/Convertible - Starting MSRP $31,745/$36,745 

The most affordable 2021 Mustang EcoBoost comes standard with the turbocharged 4-cylinder, a push-button start, 17-inch alloy wheels, high-intensity-discharge (HID) headlights, 4-way manually adjustable driver’s seat, selectable settings for the steering (Comfort/Normal/Sport), Track Apps displaying performance parameters such as lateral acceleration, and a line-lock feature to spin the rear wheels (to warm up the tires on the track, as opposed to impressing friends in the parking lot). The basic infotainment setup includes AM/FM radio, CD player, wi-fi, Bluetooth, 4-inch display, and two USB ports. This year sees a whole array of driver assistance features fitted as standard.


2021 Ford Mustang EcoBoost Premium Fastback/Convertible - Starting MSRP $38,045/$43,370 

Over the EcoBoost trim, the Premium level adds the Sync3 infotainment system, 18-inch alloy wheels, rear spoiler, and dual-zone automatic climate control, plus:

  •  ActiveX Heated and Cooled Front Seating Material
  •  Heated Mirrors
  •  Selectable Drive Modes with Toggle Switches


2021 Ford Mustang GT Fastback - Starting MSRP $41,475 

The Mustang GT’s big upgrade over the base EcoBoost trim is that glorious 5.0-litre V8 and stronger brakes. Other notable features include:
 Dual Exhaust with Quad Tips

  • LED Fog Lamps
  • Unique Front Grille and Rear Valence
  • 18-inch Machined-face Aluminum Wheels with High gloss Ebony Black Painted Pockets


2021 Ford Mustang GT Premium Fastback/Convertible - Starting MSRP $48,710/$54,490 

The GT Premium trim adds above and beyond the GT features with:

  • Leather-Trimmed Heated and Cooled Front Seats
  •  Heated Mirrors
  •  Selectable Drive Modes with Toggle Switches
  • 9-Speaker Stereo System


2021 Ford Mustang Mach 1 - Starting MSRP $65,500

The 2021 Ford Mustang Mach 1 comes with the more powerful V8, and plenty of 1960s’ muscle car era styling cues (such as black satin stripes for the hood and sides, enlivened by red, orange or white highlights). Other Mach 1 features include:

  • Aluminum Foot Pedals
  • Heated and Cooled Front Seats
  • Heated Steering Wheel
  • Memory Driver Seat, Mirrors, and Ambient Lighting
  • Premier Trim with Colour Accent Group



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