Ford Will Pay You $2,000 To Ditch Your Old Chevy Or Dodge For A Mustang GT

What’s better than a regular 2025 Ford Mustang GT? Well, probably one that comes with a rebate big enough to make you do a double take. up to $5,500, to be exact. So if you’ve been nursing the idea of owning a new V8-powered pony car but couldn’t quite justify it, now might finally be the moment to talk yourself into it.

For starters, the Mustang currently comes with a $3,500 Retail Customer Cash incentive. There’s a catch, though: it applies only to those who lease, not buyers. On top of that, certain customers can shave off an additional $2,000 if they’re switching from a rival brand’s model, creating a potentially substantial total saving.

Read: Hold Your Horses, Ford Might Be Working On A Hybrid Pony Car

As reported by Cars Direct, that extra $2,000 in conquest cash is open to anyone who owns or leases a 1995 or newer Chevrolet Camaro, Dodge Charger, or Dodge Challenger.

The offer applies whether you’re buying or leasing an eligible 2025 Mustang GT, but it’s limited to certain regions rather than the entire country. Among the qualifying areas are Philadelphia, Boston, and New York.

Prices start at $46,560 for the entry-level GT Fastback, $51,080 for the GT Premium Fastback, and $56,580 for the GT Premium Convertible. A total discount of $5,500 represents a cut of just over 10 percent, which is hardly something to overlook.

Will This Help Sales?

This marks the biggest single discount offered on the seventh-generation Mustang to date and could have arrived at the good time for those who have been delaying a purchase, given the current economic uncertainty.

Now that the Chevrolet Camaro and Dodge Challenger are no longer around, Ford has this segment of the market all to itself. Despite this, sales of the Mustang haven’t been particularly strong this year. In fact, through the first three quarters of the year, Ford sold 32,818 examples in the US, a 10.1 percent decline from the 36,485 sold over the same period last year.