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2020 Ford Mustang Review

2020 Ford Mustang GT is still an attention grabber.

For 2020, Ford built on the 2018 facelift, mustering up a range of new colours that only add to the appeal of this iconic vehicle.

Along with the stunning Grabber Lime that we had on our tester, the company offers up Twister Orange, Iconic Silver and Red Hot.

There is also a new Black Shadow Pack costing an extra $1,000 that you most definitely should purchase if you are opting for one of these new colours. Just take a look at the photos below – the Mustang GT we drove looked superb.

Priced at $64,190 before options (ours crept up to $71,590), the Mustang still offers good value for money, but does it still retain all of its endearing trademarks and charm?

What’s the 2020 Ford Mustang like inside?

Not a lot has changed since the vehicle was updated in 2018.

As always with a Mustang, it’s designed to give you a sense of nostalgia, as though you’ve climbed into a best-hits album of the car, spanning its 56 year history. When you see that unmistakable galloping wild horse badging, it really does fill you with the sense that you are sitting in a true muscle car with tons of heritage.

Behind the steering wheel is Ford's easy to use 12-inch digital display, with all the important features unlocked by a special “Mustang” button on the three-spoke wheel.

There are a lot of fun, track-only features freed by that control, like the ability to record lap times and quarter mile sprints.

Creature comforts include dual-zone climate control, telescopic steering wheel adjustment and customisable ambient lighting around the cabin.

There is also Ford's SYNC®3 system, which is operated through an 8-inch touchscreen. As with the other Fords we’ve reviewed with this set-up, like the Focus ST, it's straightforward to use with little room for confusion. It comes pre-loaded with Apple CarPlay and Android Auto, too.

Wired into the infotainment circuitry is a 12-speaker Bang & Olufsen sound system, replacing the Shaker system that was fitted to previous Mustangs. If you are anything like me, you will find yourself not listening to it too often, instead opting to tune in to the unmissable “Growling V8 Tailpipe FM” as it were. On the rare occasion we did have some jams on, the sounds produced were crisp, clear and underlined by a full complement of bass.

Underneath the screen, Ford’s switchgear hasn’t changed from the previous model and it also retains the brushed aluminium-look plastics. Visually, it does the job, adding to the nostalgia and feeling of driving a Mustang, but I can’t help but think it is starting to age and it comes across as a little cheap. Proper aluminium buttons would be more suitable.

There are still the same right-hand drive adaptation issues, too. The cup holders stop you getting to the shifter if you have bottles stored in them. Even the handbrake is on the other side of the centre console.

One of the options on our 2020 Mustang GT was the Recaro leather seats which offered plenty of support and cushioning for longer drives. Being electronically adjustable, they are a breeze to live with.

With little-to-no leg room in the back and, quite frankly, no way to gracefully get in there anyway, the rear seats are realistically only going to have passengers sitting there in the most desperate of times.

With that said, it does add a lot of extra storage space within the cabin. We’ll call this a win for interior storage, of which the Mustang does have a good amount, between the centre console bin and door pockets.

There are two ISOfix points on the outboard rear seats, but I can imagine it might be a headache installing them. I've never witnessed a baby seat in the back of a Mustang with my own two eyes though.

What is the boot like?

You can store 408 litres under the boot lid, the same amount of space as the four-door Kia Stinger GT, which is not bad at all.

Still, the configuration makes it a bit difficult to fit wider items, requiring you to lift them up high and into the boot as opposed to simply sliding them in from waist height.

2020 Ford Mustang: What’s it like to drive?

Fire up the stonking big V8 and a smile spreads across your face immediately. Even setting the exhaust to “Quiet” isn’t all that hushed. But we doubt too many people will be doing that anyway.

At speed, the 2020 Mustang rides quite well, no doubt thanks to the $2,750 MagneRide suspension package that was fitted to our press car. The MagneRide dampers are capable of analysing parameters from the road and respond by adjusting themselves up to 1,000 times per second.

Around town though, you do tend to experience the road surfaces a bit more, but that is to be expected when purchasing a car like this. In fact, it is because of this set-up that the vehicle can perform and corner as it does, so that’s not a criticism at all.

You are able to control the ride with various vehicle set-ups too. There is “Normal” for everyday driving, “Sport” for sporty days, “Race” for track days and “Drag Strip” for drag strip events. Each mode tailors the suspension set-up as well as steering and throttle responsiveness.

We need to circle back to the V8 though, which really is the party piece of the Mustang. We love this engine so much.

Number one, it is fantastic that it still exists and hasn’t been disposed of for something smaller and more economical. Without any forced induction, the naturally breathing engine can focus on making power that is easily within the limits of the factory rubber.

Number two, because it is a good little workhorse. You don't really need to be gentle with it around town as it is compliant and responsive down low, and then when you do stomp your foot on the go pedal it dutifully raises the revs and breaks into a raucous song.

It is at this point that you need to watch yourself. Make certain you don’t get carried away in the various restricted speed zones and that you keep that rear end in check. In Normal mode this isn’t such an issue with the various computers keeping you on the straight and narrow, but when you play around with the setting and switches, well, you’ll have to be careful.

In terms of numbers, the Coyote V8 still produces 339kW and 556Nm of torque, which is capable of launching you to 100km/h in 4.5 seconds, shifting through its automatic 10-speed gearbox, which in Drag Strip mode loses no torque between shifts.

From a rolling start the Mustang can get up and going in no time, as the automatic gearbox has the ability to downshift directly from 10th gear to 3rd, and streak past the truck driver in the left hand lane.

How safe is the 2020 Mustang GT?

Safety has always been a weak point of the Mustang. Unfortunately, I can’t report an increase in safety rating as it still only lands a 3-star ANCAP rating, but there is a good suite of safety technology loaded up in the car.

As standard you get:

  • Adaptive cruise control
  • Automatic high beam
  • Lane departure warning and lane-keep assist
  • Rear parking sensors
  • Autonomous emergency braking with pedestrian detection
  • Rearview camera
  • 8 airbags
  • Auto-dimming rearview mirror

The verdict

When you consider the direct competitors for the Mustang in Australia, all of which are produced by luxury brands and cost closer to the $100,000 price point, the Mustang offers a good amount of value for money.

Sure, you could opt for a four-door, six-cylinder Kia Stinger, which is a great car in itself, but this V8 is worth considering if practicality isn’t an overriding concern.

A Mustang has always been a heart over head purchase, only now, your head can rest assured that the muscle car isn’t such an outlandish purchase.

Compare some options to finance a 2020 Ford Mustang

1 - 15 of 15
Name Interest Rate (p.a.) Comp. Rate (p.a.) Application Fee Monthly Fee Monthly Repayment
OurMoneyMarket New Car Loan
OurMoneyMarket logo
Fixed1 - 7 Years $2,001 - $75,000
Interest Rate (p.a.)
6.57%
to 18.99%
Comp. Rate (p.a.)
7.19%
to 21.78%
Application Fee
$250
min.
Monthly Fee
$0
Monthly Repayment
Go to siteMore Info
loans.com.au - New - Variable Rate Special
loans.com.au logo
Variable3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
6.24%
to 7.74%
Comp. Rate (p.a.)
7.36%
to 8.85%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
Go to siteMore Info
Stratton Finance New Car Loan
Stratton Finance logo
Fixed1 - 7 Years $10,000 - $300,000
Interest Rate (p.a.)
6.52%
to 18%
Comp. Rate (p.a.)
6.95%
to 23%
Application Fee
$395
Monthly Fee
$0
Monthly Repayment
Go to siteMore Info
You'll receive a fixed rate from 6.52% p.a. depending on the lender you are approved with.
Apply for up to $300,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.
Verified Lending Used Car Loan
Verified Lending logo
Fixed1 - 7 Years $10,000 - $200,000
Interest Rate (p.a.)
7.1%
to 18.99%
Comp. Rate (p.a.)
8.06%
to 22.99%
Application Fee
$395
Monthly Fee
$0
Monthly Repayment
More Info
Simplify New Car Loan
Simplify Finance logo
Fixed1 - 7 Years $10,000 - $300,000
Interest Rate (p.a.)
6.19%
to 18%
Comp. Rate (p.a.)
6.6%
to 23%
Application Fee
$395
Monthly Fee
$0
Monthly Repayment
Go to siteMore Info
Credit Concierge New Car Loan
Credit Concierge logo
Fixed1 - 7 Years $10,000 - $100,000
Interest Rate (p.a.)
6.29%
to 16.45%
Comp. Rate (p.a.)
7.41%
to 17.91%
Application Fee
$553
Monthly Fee
$10
Monthly Repayment
Go to siteMore Info
RACV New Car Loans
RACV logo
Fixed1 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
7.29%
to 16.99%
Comp. Rate (p.a.)
8%
to 17.77%
Application Fee
$499
Monthly Fee
$0
Monthly Repayment
Go to siteMore Info
You'll receive a fixed rate from 7.29% p.a.
A larger loan of $5,000 or more to help you buy a new or used car. 5-hour pre approval available and no ongoing fees.
NRMA New Car Loan
NRMA logo
Fixed1 - 7 Years $5,000 - $130,000
Interest Rate (p.a.)
7.29%
to 16.99%
Comp. Rate (p.a.)
8%
to 17.77%
Application Fee
$499
Monthly Fee
$0
Monthly Repayment
More Info
Note: Take out a loan for an eligible electric vehicle and receive a 1.5% discount on your personalised interest rate (interest rates start from 5.79% p.a. and comparison rates from 6.49% p.a.)
Credit Concierge Used Car Loan
Credit Concierge logo
Fixed1 - 7 Years $10,000 - $1,000,000
Interest Rate (p.a.)
6.8%
to 17.45%
Comp. Rate (p.a.)
7.56%
to 18.91%
Application Fee
$553
Monthly Fee
$10
Monthly Repayment
Go to siteMore Info
OurMoneyMarket Used Car Loan - No Vehicle Age Limit
OurMoneyMarket logo
Fixed1 - 7 Years $2,001 - $75,000
Interest Rate (p.a.)
6.57%
to 18.99%
Comp. Rate (p.a.)
7.19%
to 21.78%
Application Fee
$250
min.
Monthly Fee
$0
Monthly Repayment
Go to siteMore Info
NRMA Used Car Loan
NRMA logo
Fixed1 - 7 Years $5,000 - $130,000
Interest Rate (p.a.)
8.49%
to 16.99%
Comp. Rate (p.a.)
9.21%
to 17.77%
Application Fee
$499
Monthly Fee
$0
Monthly Repayment
More Info
You'll receive a fixed rate from 8.49% p.a.
Finance a used car with NRMA and benefit from a fixed rate term and no monthly fees. Pre-approval available within 5 business hours.
Stratton Finance Used Car Loan
Stratton Finance logo
Fixed1 - 7 Years $10,000 - $300,000
Interest Rate (p.a.)
6.52%
to 18%
Comp. Rate (p.a.)
6.95%
to 23%
Application Fee
$395
Monthly Fee
$0
Monthly Repayment
Go to siteMore Info
You'll receive a fixed rate loan from 6.52% p.a. with a comparison rate of 6.95% p.a.
A used car loan of up to $300,000 with quick approval times and balloon payment options.
Simplify Used Car Loan
Simplify Finance logo
Fixed1 - 7 Years $10,000 - $300,000
Interest Rate (p.a.)
6.19%
to 18%
Comp. Rate (p.a.)
6.6%
to 23%
Application Fee
$395
Monthly Fee
$0
Monthly Repayment
Go to siteMore Info
loans.com.au - Variable Rate Used Car < 5 years
loans.com.au logo
Variable3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
7.74%
to 7.74%
Comp. Rate (p.a.)
8.85%
to 8.99%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
Go to siteMore Info
RACV Used Car Loans
RACV logo
Fixed1 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
8.49%
to 16.99%
Comp. Rate (p.a.)
9.21%
to 17.77%
Application Fee
$499
Monthly Fee
$0
Monthly Repayment
Go to siteMore Info
You'll receive a fixed rate from 8.49% p.a.
Benefit from no ongoing fees, 5-hour approval and a 21-day satisfaction guarantee. Interest rate discounts for members.
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Showing 15 of 15 results

Compare car insurance products side-by-side and get quotes

Name Product Roadside assistance Accidental damage Storm Choice of repairer Agreed or Market Value
Youi Comprehensive
Optional
Agreed or Market
Finder's summary: The 2023 winner of our Best Features Car Insurance award. Plus, it's one of the only insurers to automatically include roadside assistance.

Who it might be good for: Those who want good customer service with lots of inclusions.
Bingle Comprehensive
Market
Finder's summary: Our data shows it’s the cheapest comprehensive policy. It just covers the basics such as damage to your car, theft and storms – it doesn’t go in for add-ons and extras.

Who it might be good for: Those wanting a low-cost, no-frills policy.
Budget Direct Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: The 2024 winner of our Best Value Car Insurance award. It's cheaper than most, plus you can lower costs by adding age restrictions.

⭐ Current offer: 15% off your first year's premium when you take out a policy online. T&Cs apply.

Who it might be good for: Anyone who wants a good value policy.
Qantas Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: You need car insurance so why not get one that lets you earn Qantas Points? It's good value too (it's underwritten by the same insurer as Budget Direct).

⭐ Current offer: Earn up to 30,000 Qantas Points with every car insured by 30 September. Plus save 15% on your 1st year’s premium when you purchase online. T&Cs apply.

Who it might be good for: People who want more bang for their buck with Qantas Points.
Australia Post Comprehensive
Optional
Agreed or Market
Finder's summary: Covers a little more than other insurers. You don’t need to pay an excess for windscreen repairs and cover applies to anyone who uses your car.

⭐ Current offer: Get $75 off your first year's comprehensive car insurance premium when you buy online. T&Cs apply.

Who it might be good for: Multiple people using one car.
ROLLiN' Comprehensive
Agreed
Finder's summary: One of the most cost-effective insurers for under 25s, according to Finder research, with no aged-based excess.

Who it might be good for: Young drivers looking to keep costs down and anyone who’d like to get more flexibility from their car insurance.
QBE Comprehensive
Green Company
QBE Comprehensive
Optional
Agreed or Market
Finder's summary: Our best-rated Car Insurer for Customer Satisfaction in 2021/2022 and Green Insurer for the last 3 years.

⭐ Current offer: Save $75 when you purchase a new comprehensive policy online. T&Cs apply.

Who it might be good for: Those who want a trustworthy insurer and more cover than other brands, such as 3-year new car replacement (e.g. they'll give you money for a new car for up to 3 years if yours is written off).
Kogan Comprehensive
Optional
Agreed or Market
Finder's summary: Kogan comes with all the perks that most comprehensive car insurance policies include, but you'll also be entitled to some benefits from its online store. This usually comes in the form of a gift voucher or discount if you buy online.

⭐ Current offer: Get $80 off first year premiums when you purchase Kogan Comprehensive Car Insurance online + $10 monthly kogan.com credit. T&Cs apply.

Who it might be good for: Kogan shoppers and those after a good range of policy options.
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Want to read more car reviews? Check out our car reviews section, or, if you already know what you are after, it might be worth comparing car loan options as well as car insurance to see how much you could save.

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Alex Jeffs is the senior publisher for personal, car and business finance at Finder. He has been building websites since he was 14 years old and has tested cars everywhere from race tracks to Oodnadatta. See full bio

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