The First 2024 Ford Mustang GT Sold For $565,000

The last charity vehicle on Saturday night was Lot #3004, VIN 001 of the all-new 2024 Ford Motor Company Mustang GT, which brought the hammer down on a final bid of $490,000 with an additional $50,000 donation from San Tan Ford and an additional $25,000 donated by Michelle Mauzy, noted philanthropist and longtime member of the Barrett-Jackson family, bringing the total to $565,000 with the entire amount benefiting JDRF, the leading global organization funding type 1 diabetes (T1D) research.

As announced, the first serial copy of the new Mustang GT was sold last weekend at the Barrett-Jackson auction in Arizona, for as much as $565,000.

The car actually sold for $490,000, but thanks to additional donations, it brought in a total of $565,000.

All proceeds from sales will go to JDRF, the leading global organization for type 1 diabetes (T1D) research.

By the way, this is the third generation VIN 001 Mustang that was auctioned for charity.

“Ford has a long tradition of supporting charitable organizations through the Barrett-Jackson auction, and we are proud to offer the all-new Mustang GT to support worthy causes such as juvenile diabetes research,” commented Mustang Marketing Manager, Jim Owens.

“This seventh generation is our most powerful Mustang GT to date, and the owner will not only support a good cause, but also become the owner of the first Mustang GT.”

The auction winner has the opportunity to choose any standard Mustang GT option. These include a manual or automatic transmission, 11 available exterior colors, 18- to 20-inch wheels, and Brembo brakes in three colors (black, red, and blue).

The 2024 Mustang GT has a 5.0-liter Coyote V8 engine with 480 hp in standard form.

Source : Barrett-Jackson