Buyers that have already placed orders for the now sold-out 2015 and 2016 build runs are safe from the increase, however, with Ford confirming that the pricing changes affect only new orders.
It is also likely, however, that Ford has seen an opportunity in the huge success of the new Mustang to extract more significant profits from the already keenly priced new coupe and convertible.
The pricing changes include a $1000 increase on four-cylinder EcoBoost models and a $2500 hike on all V8 GT models.
As a result, pricing for the range now kicks off from $45,990 plus on-road costs, while the V8 models now begin at $57,490 plus on-road costs.
The new Mustang range makes its Australian media debut in January, but you can catch our overseas review right here.
Ford Mustang Pricing for 2015/2016 (plus on-road costs):
EcoBoost Coupe Manual - $45,990 (up $1000)
EcoBoost Coupe Auto - $48,490 (up $1000)
EcoBoost Convertible Auto -$54,990 (up $1000)
GT Coupe Manual - $57,490 (up $2500)
GT Coupe Auto - $59,990 (up $2500)
GT Convertible Auto - $66,490 (up $2500)