2021 Ford Mustang: What's New, Specs & Features

Last updated August 4, 2026

2021 Ford Mustang

The biggest change for the 2021 Ford Mustang is the return of the limited-edition Mach 1, a track-focused V8 fastback positioned between the GT and Shelby GT500. The core lineup also gets more standard driver-assistance equipment, while the BULLITT, Shelby GT350, and Shelby GT350R leave the range.

Shop 35 in stock at Carvana

About the 2021 Ford Mustang

6th generation Mustang (2015-2023), fourth model year after the 2018 refresh and the year the Mach 1 returned.

Ford positions the Mustang as its everyday sports-car icon: rear-wheel drive, available as a coupe or convertible, and offered with either a turbo four-cylinder or a V8 depending on how much performance the buyer wants. What separates it from many rivals is the broad range of personalities inside one model line, from a usable daily-driver EcoBoost to V8 GT models and serious track-focused versions, all wrapped in classic long-hood Mustang styling and a strong heritage story.

The EcoBoost models are the everyday-friendly turbo four-cylinder Mustangs, while the GT and GT Premium bring a 460-hp 5.0-liter V8, with the Premium adding a richer cabin and heated and cooled front seats. The returning 480-hp Mach 1 focuses on track use with added cooling, adaptive suspension, stronger Brembo brakes, and functional aerodynamic parts. The 760-hp supercharged Shelby GT500 remains at the top with a quick-shifting seven-speed dual-clutch automatic transmission.

What changed, by category

Powertrain
The Mach 1 joins the lineup with a specially calibrated 480-hp 5.0-liter V8, added engine, transmission, and differential cooling, and a TORSEN limited-slip differential. The BULLITT, Shelby GT350, and Shelby GT350R are dropped.
Styling
The returning Mach 1 gets its own front-end treatment, front splitter, and performance rear spoiler. These parts are designed to manage airflow as well as distinguish it from the GT.
Safety
Ford's Co-Pilot360 safety suite becomes standard across the non-Shelby lineup. It includes blind-spot monitoring, rear cross-traffic alert, lane-keeping assistance, forward collision warning, automatic emergency braking, and automatic high beams.
Tech
Rain-sensing windshield wipers become standard across the non-Shelby lineup. EcoBoost Premium models with the 200A equipment group also gain standard ActiveX seat trim.
Structural
The Mach 1 adds track-focused hardware beyond its stronger engine, including adaptive suspension, six-piston Brembo front brakes with larger rotors, and extra cooling for sustained hard driving.

2021 Ford Mustang specs and features by trim

Feature
2021 Ford MustangGT6 in stock
2021 Ford MustangMach 12 in stock
2021 Ford MustangEcoBoost8 in stock
2021 Ford MustangGT Premium7 in stock
2021 Ford MustangShelby GT5000 in stock
2021 Ford MustangEcoBoost Premium12 in stock
EngineV8, 5.0 LiterV8, 5.0 Liter4-Cyl, Turbo, EcoBoost, 2.3 Liter / 4-Cyl, High Performance, EcoBoost, 2.3 LiterV8, 5.0 LiterV8, Supercharged, 5.2 Liter4-Cyl, Turbo, EcoBoost, 2.3 Liter / 4-Cyl, High Performance, EcoBoost, 2.3 Liter
TransmissionAutomatic, 10-Spd w/SelectShiftManual, 6-Spd TREMEC w/Rev-MatchingAutomatic, 10-Spd w/SelectShift / Manual, 6-SpdAutomatic, 10-Spd w/SelectShiftAutomatic, 7-Spd Dual Clutch TREMECAutomatic, 10-Spd w/SelectShift / Manual, 6-Spd
DrivetrainRWDRWDRWDRWDRWDRWD
Fuel TypeGasGasGasGasGasGas
MPG City15 mpg15 mpg19–21 mpg15 mpg12 mpg19–21 mpg
MPG Highway24 mpg23 mpg26–32 mpg24 mpg18 mpg26–32 mpg
Horsepower460 hp480 hp310–330 hp460 hp760 hp310–330 hp
Torque420 lb-ft420 lb-ft350 lb-ft420 lb-ft625 lb-ft350 lb-ft
Max Towing1000 lb1000 lb1000 lb1000 lb1000 lb
Trunk/Cargo13.5 cu-ft13.5 cu-ft11.4–13.5 cu-ft11.4–13.5 cu-ft13.5 cu-ft11.4–13.5 cu-ft
Rear Legroom29 in29 in29–29.2 in29–29.2 in29 in29–29.2 in
Seats444424
Doors222222
Adaptive Cruise Control
Alarm System
Automatic High Beams
Blindspot Sensors
Driver Attention Assist Monitor
Lane Departure Warning
Rain Sensing Windshield Wipers
Rear Parking Sensors
Rear View Camera
Alloy Wheels
Fog Lights
HID Headlights
Heated Mirrors
LED Headlights
Memory Exterior Mirrors
Rear Spoiler
Navigation System
Premium Audio
Satellite Radio
Smartphone Interface
Subwoofer
Touch Screen Monitor
USB Ports
Aluminum Interior Trim
Cooled Seats
Dual Power Front Seats
Dual-Zone Climate Control
Heated Front Seats
Heated Steering Wheel
Integrated Garage Door Opener
Interior Ambient Lighting
Leather Seats
Memory Driver's Seat
Proximity Keyless Entry
Push-Button Engine Start
Remote Start

How the 2022 Ford Mustang compares

The 2022 Ford Mustang is mostly a carryover, with no major lineup-wide update. The clearest equipment change is that fog lights went from standard to optional on the Mach 1.

Frequently asked questions

What is the biggest change to the 2021 Ford Mustang?

The biggest change is the return of the limited-edition Mach 1. It is a 480-hp, track-focused V8 fastback positioned above the GT and below the Shelby GT500.

How is the 2021 Mustang Mach 1 different from the GT?

The Mach 1 is more track-focused than the GT. Its 5.0-liter V8 makes 480 hp rather than 460 hp, and it adds adaptive suspension, six-piston Brembo front brakes, a TORSEN limited-slip differential, extra powertrain cooling, and functional aerodynamic parts.

Does the 2021 Ford Mustang have more standard safety equipment than the 2020 model?

Yes. Ford's Co-Pilot360 driver-assistance features and rain-sensing wipers become standard across the non-Shelby Mustang lineup for 2021. The safety suite includes blind-spot monitoring, rear cross-traffic alert, lane-keeping assistance, forward collision warning, automatic emergency braking, and automatic high beams.

Which Mustang trims were dropped for 2021?

The BULLITT, Shelby GT350, and Shelby GT350R were dropped for 2021. The Mach 1 joined the range as the track-focused 5.0-liter model between the GT and Shelby GT500.

Is the 2021 Ford Mustang worth considering over the 2020 model?

Yes, especially if you want the Mach 1 or the broader set of standard driver-assistance features. Otherwise, the familiar EcoBoost, GT, GT Premium, and Shelby GT500 models change only modestly, so condition, mileage, and equipment matter more when comparing individual cars.

2021 Ford Mustang Reviews

What owners are saying about the 2021 Ford Mustang.

4.5
2021 Ford Mustang
(824 reviews)
5 stars (501)
4 stars (239)
3 stars (63)
2 stars (19)
1 star (2)

About owner reviews

Carvana owner reviews are provided in partnership with Strategic Vision, one of the largest automotive consumer research providers in the U.S. Star ratings are from ranking surveys completed by owners one to six months post-purchase. Comments from owners are optional, but included here when available.

“The tech is surprisingly good. It handles very well for its size and weight. Range is not an issue. Fast charging is pretty quick. It's larger on the inside than it looks. Ride quality is very good.”

JWJustin W.
2021 Ford Mustang AWD

“We enjoy driving it. It looks good and people comment on it. There are not many people our age that buy this type of car.”

RCRonald C.
2021 Ford Mustang Base Coupe
No rating

“Very quick with exceptional fuel mileage, interior is very basic and stock stereo was below average.”

JWJoshua W.
2021 Ford Mustang GT Coupe (8-Cyl)