2024 Ford Mustang — Carivo review carivo.co
Sports

2024 Ford Mustang

Independent review & score by Carivo

Price Range $32,515–$38,057
Fuel Economy 23 MPG
Seating 4 passengers
Category Sports
Est. Annual Fuel $2,283/yr

Key Specifications — 2024 Ford Mustang

Engine5.0L 8-Cylinder
TransmissionAutomatic (S10)
DrivetrainRear-Wheel Drive
Fuel TypeRegular
City / Hwy MPG15 / 24 MPG
Combined MPG18 MPG
Est. Annual Fuel Cost$3,750
CO₂ Emissions492 g/mi
Seating Capacity4 passengers
Body StyleSports
Base Price$32,515–$38,057

Source: EPA FuelEconomy.gov & manufacturer data. Figures reflect base trim; actual specs vary by trim level.

About the 2024 Ford Mustang

With an overall Carivo score of 7.8/10, the 2024 Ford Mustang earns a Recommended rating among the sportss we've scored. Its strongest dimension is Performance at 8.9/10, while Value at 7.4/10 is where it trails the competition most noticeably. It's a solid all-rounder that delivers across most dimensions without obvious deal-breakers.

Reliability and safety are the two dimensions that matter most for long-term ownership costs. Reliability comes in at 7.5/10 in our assessment — above the middle of the pack for this class, though not flawless. On safety it earns 7.4/10: respectable, if not class-leading — several competitors bundle more driver-assist tech as standard. Check your trim's official ratings at nhtsa.gov.

The 8.9/10 performance score reflects a chassis and powertrain that punch above the segment norm — this is a sports you choose partly for the drive itself. Technology comes in at 7.6/10 — functional and modern, with wireless connectivity and core ADAS features, though some competitors pack more standard tech at this price point.

Priced from $32,515–$38,057, 23 MPG, seating 4, the Ford Mustang sits in the mid-market bracket of the sports segment. Value lands at 7.4/10 — you get what you pay for, no more and no less, with a few rivals offering slightly better per-dollar returns. At 2 years old, it's recent enough that the core feature set holds up well against current competition.

Bottom line: Think of the 2024 Ford Mustang as the dependable pick rather than the exciting one. Shoppers who value predictability over headlines will be well served.

Carivo scores are our own editorial assessment, informed by NHTSA safety and recall records, EPA fuel-economy figures, and manufacturer-published specifications. Scores are reviewed periodically and updated when new data becomes available. See our full methodology →

How It Ranks Among Sportss

The 2024 Ford Mustang ranks #121 of 316 sportss in the Carivo database — better than 62% of the segment. Its 7.8/10 overall score is 0.1 points above the segment average of 7.7/10. Its $32,515 starting price undercuts the segment's median of $46,090 by about 29%.

Rankings are recalculated as new vehicles and scores are added. See the full Sports ranking →

Which Mustang Year Should You Buy?

Smart-money pick: the 2021 Ford Mustang scores 7.7/10 — within striking distance of the 2024's 7.8 — and starts roughly $3,000 lower. If you don't need the newest model year, that's money better spent on a higher trim or kept in your pocket.

YearScoreStarting price (MSRP when new)
2026 7.8/10$33,490 Read review →
2025 7.8/10$33,490 Read review →
2024 (this review) 7.8/10$32,515
2023 7.7/10$31,539 Read review →
2022 7.7/10$30,564 Read review →
2021 7.7/10$29,588 Read review →
2020 7.5/10$28,613 Read review →
2019 7.5/10$27,637 Read review →
2018 7.5/10$26,662 Read review →
2017 7.4/10$25,686 Read review →
2016 7.4/10$24,711 Read review →
2015 7.3/10$23,735 Read review →

Pros & Cons — 2024 Ford Mustang

✓ What it does well

  • Above-average reliability record with solid owner satisfaction data
  • Engaging driving dynamics with class-leading power and handling
  • Modern, intuitive tech suite with wireless connectivity and up-to-date ADAS

✗ Where it falls short

  • Few standout weaknesses — review individual sub-scores for nuance
  • Some competing models offer a higher overall score at a similar price

NHTSA Recalls — 2024 Ford Mustang (10 on record)

The following recall campaigns have been filed with NHTSA for this model and year. Recall repairs are performed free of charge by franchised dealers; check your specific vehicle by VIN at nhtsa.gov/recalls.

Service brakes, hydraulic / Pedals and linkages
28/11/2023 · 23V800000
Ford Motor Company (Ford) is recalling certain 2024 Mustang vehicles. The brake pedal assembly may have been manufactured incorrectly, which can result in a loose brake pedal.
Fuel system, gasoline / Delivery / Hoses, lines/piping, and fittings
22/03/2024 · 24V220000
Ford Motor Company (Ford) is recalling certain 2024 Mustang vehicles equipped with 2.3L engines. The low-pressure fuel supply line may be damaged or cut, which can result in a fuel leak.
Power train / Clutch assembly / Linkage / Hydraulic hose/fittings
03/06/2024 · 24V394000
Ford Motor Company (Ford) is recalling certain 2024 Mustang vehicles. The clutch pressure line may be improperly secured and contact hot exhaust components, which can result in melting of the clutch pressure line and cause a brake fluid leak.
Service brakes, hydraulic / Brake fluid low warning / Switch/sensor/float
28/06/2024 · 24V496000
Ford Motor Company (Ford) is recalling certain 2024 Mustang vehicles. The brake fluid level sensor may not be properly configured after a Body Control Module (BCM) service update, resulting in a constantly illuminated brake fluid level warning light that…
Suspension / Rear
09/08/2024 · 24V593000
Ford Motor Company (Ford) is recalling certain 2024 Mustang vehicles. The rear suspension knuckles may have a casting defect that causes them to fail, which can result in a loss of vehicle handling and steering control.

Showing 5 of 10 campaigns — see the full list on NHTSA's site.

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