2016 Ford Mustang cheaper to run than Falcon XR8, XR6 Turbo

Servicing costs for the Mustang have appeared on the Ford Australia website and show that the V8 Mustang GT will cost $290 to service for the first 12 months or 15,000km, while the four-cylinder Mustang will cost $300 to service for the first 12 months or 15,000km.

Surprisingly, Mustang servicing costs undercut turbocharged six- and supercharged eight-cylinder Falcons by $130 and $50 respectively, over the same period, with the XR6 Turbo coming in at $340 and XR8 at $420.

The servicing disparity between Falcon XR8 and Mustang GT grows even further in the second and third years, where the price difference blows out to $305 in the second and $185 in the third years.

The Ford Mustang will launch locally this month with a starting price of $45,990 for the Mustang Fastback EcoBoost, which is powered by a 2.3-litre four-cylinder turbocharged petrol engine and a six-speed manual gearbox.

Prices jump to $57,490 for the six-speed manual, 5.0-litre V8 Mustang GT Fastback with a six-speed manual gearbox. Both variants are $2500 more for the six-speed automatic and $9000 more for the Mustang Convertible (automatic only).

Read our Quick Guide to the Ford Mustang, and check out our international drive review of the Ford Mustang.