First 2019 Ford Mustang Bullitt Sells for $300,000 at Auction

Matt Posky
by Matt Posky

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.]

Matt Posky
Matt Posky

A staunch consumer advocate tracking industry trends and regulation. 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 with the corporate world and resentful of having to wear suits everyday, he pivoted to writing about cars. Since then, that man has become an ardent supporter of the right-to-repair movement, been interviewed on the auto industry by national radio broadcasts, driven more rental cars than anyone ever should, participated in amateur rallying events, and received the requisite minimum training as sanctioned by the SCCA. Handy with a wrench, Matt grew up surrounded by Detroit auto workers and managed to get a pizza delivery job before he was legally eligible. He later found himself driving box trucks through Manhattan, guaranteeing future sympathy for actual truckers. He continues to conduct research pertaining to the automotive sector as an independent contractor and has since moved back to his native Michigan, closer to where the cars are born. A contrarian, Matt claims to prefer understeer — stating that front and all-wheel drive vehicles cater best to his driving style.

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  • ItsBob ItsBob on Jan 22, 2018

    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?

    • See 2 previous
    • Art Vandelay Art Vandelay on Jan 22, 2018

      @EBFlex You are the sort that drives an old W Body with the temp spare that has been on the front for the last 20k miles I bet

  • Jpolicke Jpolicke on Jan 22, 2018

    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.

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    • DenverMike DenverMike on Jan 22, 2018

      @Art Vandelay It's not just that shade of green that's wrong, a lot of those automakers press pics look a little "off". The reflections don't seem right or there's a suspicious matte/flat finish on slab/flat panels closest to the "camera". There's never a reflection of the camera man and there's usually a convenient reflection on the glass, blocking the driver's face.

  • Ajla There's a melancholy to me about an EV with external speaker-generated "engine" noise and fake transmissions. It feels like an admission from the manufacturer that you're giving something up and they are trying to give back some facsimile of it. Like giving a cupcake scented candle to someone on a diet. If I was shopping for an EV I'd rather go to a company enthusiastic about it rather than apologetic.
  • EBFlex More proof of how much EVs suck. If you have to do this, that means you are trying to substitute what people want...and that's ICE.
  • Akear The only CEO who can save Boeing, GM, and Ford is Alan Mulally. Mulally is largely credited with saving both Boeing and Ford. The other alternative is to follow a failed Jack Welch business model. We have all witnessed what Jack Welch did to GE, and what happened to Boeing when it was taken over by GE-trained businessmen. Below is an interesting article on how Jack Welch indirectly ruined Boeing.
  • ChristianWimmer The interior might be well-made, but the design is just hideous in my opinion. It’s to busy and there’s no simplistic harmony visible in it. In fact I feel that the nicest Lexus interior ever could be found in the original LS400 - because it was rather minimalistic, had pleasing lines and didn’t try to hard. It looked just right. All Lexus interiors which came after it just had bizarre styling cues and “tried to hard” if you know what I mean.
  • THX1136 As a couple of folks have mentioned wasn't this an issue with the DeLorean? I seem to recall that it was claimed you could do a 'minor' buff of the surface and it would be good as new. Guess I don't see why it's a big deal if it can be so easily rectified. Won't be any different than getting out and waxing the car every so often - part of ownership, eh.