Ford S650 Mustang
The 7th-generation S650 Mustang is likely the last V8-powered pony car from Ford, blending modern tech with a traditional 5.0L Coyote engine. The market is defined by high demand for the new 500 hp Dark Horse model and significant premiums on early examples.
Find one with Spotter →Ford S650 Mustang sold for a median of $58,650 over the last 12 months, based on 10 auction sales; the middle 50% sold between $47,500 and $70,950. 2,376 currently for sale.
The S650 is the 7th generation of Ford's iconic pony car, launched for the 2024 model year. While it's an evolution of the previous S550 platform, it features all-new bodywork and a completely redesigned, screen-heavy interior. Critically, Ford kept the 5.0L Coyote V8, signaling a commitment to internal combustion performance in a market shifting toward EVs.
The S650's immediate collectibility stems from its position as likely the last generation of Mustang to offer a V8 engine. Enthusiasts and collectors have focused on the new-for-2024 Dark Horse model, which features a 500 hp version of the Coyote V8, a Tremec 6-speed manual transmission, and unique track-focused aerodynamics and suspension. First-year models and cars with limited-run colors are also seeing strong initial interest.
As a current-production car, the market is still in its earliest phase. The average sale price of $62,750 reflects the high demand and significant dealer markups applied to desirable GT and Dark Horse models. The market is currently driven by buyers willing to pay a premium for early access to what might be the final chapter of V8-powered Mustangs.
Buying Tips
- Be prepared for dealer markups on popular Dark Horse and GT Premium trims; it's wise to contact multiple dealers to find pricing at or near MSRP.
- The Performance Pack adds significant handling capability and is a highly desirable option for resale value.
- On Dark Horse models, the optional Handling Package adds an exclusive gurney flap and adjustable front strut mounts, making it a key feature for track use.
- Inspect early-production models carefully for any fit and finish issues with paint, panel gaps, or interior trim before completing a purchase.
- Colors like Ember Blue and Yellow Splash were exclusive to the 2024 launch year and may carry a premium in the future.
Observed sales range from entry-level prices to over $180,000 for highly sought-after models with significant dealer markups.
5,333 Ford S650 Mustang vehicles have been tracked across auctions and listings on Hypercars, with 2376 currently live.
Data sourced from Bring a Trailer, Cars & Bids, eBay Motors, PCarMarket, and Collecting Cars. Updated daily.
Frequently Asked Questions
How much does a Ford S650 Mustang cost?
Over the last 12 months, Ford S650 Mustang sold for a median of $58,650 across 10 auction sales tracked on Hypercars; the middle 50% sold between $47,500 and $70,950. There are 2,376 currently for sale.
How many Ford S650 Mustang listings are for sale right now?
There are 2,376 Ford S650 Mustang listings currently live across auctions, dealers, and marketplaces tracked by Hypercars.