First 2019 Ford Mustang Bullitt Sells for $300,000 at Auction
While Ford hasn’t announced the pricing of the new Bullitt Mustang, the first example just sold for three-hundred grand at auction. We’re presuming future production models will be considerably more affordable because, damn, that’s a lot to spend on an appearance package and a few extra horses — even if the end result is undeniably cool.
Fortunately, all the proceeds went to supporting the Boys Republic — a charity near and dear to Steve McQueen. In addition to being remanded to the school after his own mother signed a court order that he was “incorrigible,” a matured McQueen often visited its children during the holidays and frequently donated large sums of money to the organization.
While we don’t know if the person who purchased the car was a true philanthropist or simply a huge fan of movie-inspired Mustangs, they clearly wanted this car very badly. With no reserve at the Barrett-Jackson Scottsdale auction, Lot could have gone for a far more modest sum on Friday evening.
We saw the car at the North American International Auto Show last week. Ford said it was equipped with an upgraded 5.0-liter V8, borrowed from the Mustang GT, delivering at least 475 horsepower and 420 foot-pounds of torque. The estimated top speed is 163 miles per hour — accessible through a six-speed cue-ball manual and heavy right foot. Certainly desirable, we’re not sure the vehicle is worth $300,000 outside of charitable causes. One-sixth of that price seems a bit more reasonable and likely closer to what the manufacturer will ultimately ask for.
Ford says it will hip us the official MSRP of the Bullitt closer to its summer launch.
[Images: Ford Motor Co.]
Consumer advocate tracking industry trends and regulations. Before joining TTAC, Matt spent a decade working for marketing and research firms based in NYC. Clients included several of the world’s largest automakers, global tire brands, and aftermarket part suppliers. Dissatisfied, he pivoted to writing about cars. Since then, he has become an ardent supporter of the right-to-repair movement, been interviewed about the automotive sector by national broadcasts, participated in a few amateur rallying events, and driven more rental cars than anyone ever should. Handy with a wrench, Matt grew up surrounded by Detroit auto workers and learned to drive by twelve. A contrarian, Matt claims to prefer understeer and motorcycles.
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This "moron" obviously is smart enough to spend his time acquiring enough wealth to be able to spend $300,000 on a $60,000 car. I guess he could have spent most of his time on forums bashing his least favorite auto brand but then he would be a---what? A moron?
Maybe it’s just the photos but it doesn’t look like the right shade of green. Since it bears so little in common with the original they should at least have the color right.