The 2011 Ford Mustang GT Premium starts out at $32,845. And for that you get some serious performance by way of a 412-hp DOHC V8 connected to a slick-shifting six-speed manual transmission. And with a curb weight some 200 pounds lighter than a Chevy Camaro, 412 hp is more than sufficient. A six-speed automatic is optional, but really, no thanks. Apart from a manual trans and a V8 we had three more rules for our long-term Mustang: 1) It couldn't be a stupid color; 2) 3.73 rear end; 3) keep the price as low as possible. This is a Mustang; it's supposed to be cheap fun.
We managed two out of three.
Early in the shopping process we realized that a GT would be harder to find than a GT Premium. The Premium gets you Bluetooth, iPod integration, satellite radio, leather seats, a power driver seat, leather-wrapped steering wheel and color-adjustable gauges. It also adds $3,200 to the price. Rule three was already looking difficult.
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