Ford Mustang trim comparison

2024 Ford Mustang EcoBoost vs GT

The Mustang EcoBoost starts at $31,920 while the GT is $42,860. That $10,940 gap buys 7 meaningful differences.

The short answer

This trim jump changes the engine from 2.3L I4 Turbo to 5.0L V8. Everything else is secondary to whether that powertrain difference matters for how you drive.

Start with the EcoBoost if the 2.3L I4 Turbo already feels sufficient for the way you drive. Step up to the GT only when the 5.0L V8 powertrain is the reason you are moving higher in the lineup.

If you are budgeting this move monthly, the jump from the EcoBoost to the GT is about $193/month on a 60-month loan at 6.5% APR with 10% down. That works out to roughly $11,580 more by the time interest is counted. The payment only makes sense if that different powertrain matters to the way you actually drive, tow, or live with the vehicle.

$10,940
Price Gap
+165 HP
HP Diff
+9 MPG
MPG Diff
Trim navigation

Lock one trim, change the other side, and move through exact pair pages without resetting back to the full lineup every time.

Compare another trim against EcoBoost EcoBoost stays locked on this side. Use this row to test the next trim up or down while keeping the exact pair page intact.
Lower-price trim
Starts at $31,920
VS
Higher-price trim
Starts at $42,860
Practical Choice: EcoBoost
Daily Comfort: GT

Who notices the difference

The higher trim starts to make more sense when you are specifically shopping for the stronger powertrain, not just more trim content.

When both feel the same

Both the EcoBoost and GT share the same identical wheelbase and body dimensions.

The upgrade math

You are paying $10,940 for 6 measurable differences, which works out to about $1,823 per change.

Key Differences at a Glance

This is the fast read: price, power, efficiency, and the feature flips most likely to change the answer.

MSRP
$31,920
vs
$42,860
Engine
2.3L I4 Turbo
vs
5.0L V8
Horsepower
315 hp
vs
480 hp
Fuel Economy
26 MPG combined
vs
17 MPG combined
All-weather floor mats for the 2024 Ford Mustang Check prices on Amazon (paid link)

Every Difference, Side by Side

This is the full read behind the quick decision signals above: the complete hardware, comfort, and equipment story. 7 specification differences, 1 shared.

Engine Biggest
EcoBoost2.3L I4 Turbo
GT5.0L V8
Fuel Economy
EcoBoost26 MPG combined
GT17 MPG combined
Annual Fuel Cost
EcoBoost$1,700/yr
GT$2,600/yr
Curb Weight
EcoBoost3,588 lbs
GT3,827 lbs

Full Specification Comparison

Specifications reflect available data as of early 2024. Confirm details with an authorized dealer before purchasing.

Spec EcoBoost GT
Pricing
MSRP$31,920$42,860
Powertrain
Engine2.3L I4 Turbo5.0L V8
Horsepower315 hp480 hp
Torque350 lb-ft486 lb-ft
Transmission10-speed shiftable automatic6-speed manual
DrivetrainRWDRWD
Fuel Economy
City MPG2214
Highway MPG3322
Combined MPG2617
Fuel Tank16.0 gal16.0 gal
Annual Fuel Cost (EPA)$1,700/yr$2,600/yr
Dimensions
Curb Weight3,588 lbs3,827 lbs
Wheelbase107.0"107.0"
Length189.4"189.4"
Width75.4"75.4"
Height55.0"55.0"
Safety
NHTSA Overall5/5 stars5/5 stars
Warranty
Bumper-to-Bumper3yr/36k3yr/36k
Powertrain5yr/60k5yr/60k
Corrosion5yr/unlimited5yr/unlimited
Roadside Assistance5yr/60k5yr/60k

Data sources: licensed third-party automotive data, EPA fueleconomy.gov, NHTSA, and official manufacturer materials. Values marked est. are estimated.

2024 Ford Mustang EcoBoost vs GT Questions Shoppers Ask

Use this page for the direct trim answer, then zoom back out to the Ford Mustang lineup, the Ford brand hub, the Sports Cars, the how to pick a trim guide, or our mid-trim value research when you need the bigger shopping path behind this one matchup.

How much more does the 2024 Mustang GT cost than the EcoBoost?

The GT starts at $42,860 compared to $31,920 for the EcoBoost. That is a $10,940 difference, or approximately $193/month more on a 60-month loan.

Do the 2024 Ford Mustang EcoBoost and GT have the same engine?

No. The EcoBoost uses a 2.3L I4 Turbo (315 hp, 350 lb-ft), while the GT has the 5.0L V8 (480 hp, 486 lb-ft). That is 165 more horsepower. Both pair with the same 10-speed shiftable automatic.

Do the 2024 Mustang EcoBoost and GT have the same drivetrain?

Yes. Both come with RWD as standard. The differences between these trims are in features and equipment, not drivetrain.

Is the 2024 Mustang EcoBoost or GT safer?

Both share the same Ford Mustang platform with an overall 5-star NHTSA safety rating. Safety ratings are model-level and identical across trims. The trim choice affects comfort and features, not crash protection.

What warranty does the 2024 Ford Mustang come with?

All 2024 Ford Mustang trims, including both the EcoBoost and GT, come with Ford's standard warranty: 3yr/36k bumper-to-bumper and 5yr/60k powertrain coverage. Warranty does not vary by trim level.

Is the 2024 Ford Mustang GT worth $10,940 more than the EcoBoost?

The $10,940 buys the 5.0L V8. If that powertrain matters for how you drive, yes. If not, the EcoBoost does the same job for less.

Which 2024 Ford Mustang trim gets better fuel economy, the EcoBoost or the GT?

The EcoBoost is the more efficient of the two at 26 combined MPG, versus 17 for the other trim. That matters most if you are balancing running costs against the extra power, drivetrain, or comfort equipment tied to the pricier trim.

What $10,940 Gets You

The Mustang GT costs $10,940 more than the EcoBoost. Whether that is worth it depends on how much you value the 5.0L V8 engine (+165 hp). Power and comfort matter differently to different buyers. Weigh them against your priorities.

EcoBoost vs. GT: Day-to-Day

The GT gets the 5.0L V8, which changes the character of the car. That means 165 more horsepower and 136 more lb-ft of torque. A significant jump that changes the driving experience. The cost of that extra capability is roughly 9 fewer combined MPG.

Fuel Economy Comparison

The Mustang EcoBoost gets 9 more combined MPG. At $3.50/gallon and 12,000 miles/year, that saves roughly $856 per year or $4,280 over five years of ownership.

Summary

$10,940 more for the Mustang GT gets you 6 real differences. At $193/month more, the question is whether those specific changes are things you will use regularly.

Trim-Matched Accessories

These add-ons are split by trim intent so the recommendations follow the actual use case, not just the same repeated product block.

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Specifications shown combine licensed third-party automotive data with official manufacturer, EPA, and NHTSA source material for the 2024 model year. Actual pricing, features, and availability may vary by region and dealer. Always confirm details with an authorized dealer before making a purchase decision. TrimAtlas is not affiliated with Ford or any dealership.

Page updated 2026-03-18. Verify equipment, pricing, and regional availability with the manufacturer or dealer.

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