First 2024 Ford Mustang Sells for $565k—Months Before Being Built
- The rights to 2024 Ford Mustang VIN 001 sell at the Barrett-Jackson sale in Scottsdale, Arizona.
- Ford’s next-gen pony car is scheduled to hit dealers this summer.
- This listing notes that 100 percent of the proceeds are heading toward JDRF, a type 1 diabetes research foundation.
Ford’s next-generation Mustang made its debut at last year’s Detroit auto show and ushered in a ton of changes to the legendary nameplate. While Ford’s popular pony car is gearing up to hit dealers, the first series-production machine is already sold—sort of. The rights to the VIN 001 ’Stang traded hands for the princely sum of $565,000 at the Barrett-Jackson sale in Arizona, with the car that physically crossed the block functioning as a placeholder.
Despite not being built yet, the listing paints this first Mustang as a well-optioned GT model. That means its 5.0-liter V8 will send 486 hp through the six-speed manual or 10-speed automatic, whichever the owner prefers. It won’t get the uprated 500 hp tune from the Dark Horse or the unique Tremec six-speed transmission.
There’s another twist to this Mustang’s deal. The proceeds aren’t heading to Ford or a dealer network. The listing notes that 100 percent of the proceeds are slated for JDRF. For those that aren’t familiar, JDRF is an organization that funds type 1 diabetes research around the world.
Supporting a charity and getting the rights to an early VIN series production car seems like a fun way to spend over half a million dollars. If you aren’t the winner of this sale, you’ll be able to snag your own ’24 Mustang when it goes on sale this summer.
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