Ford · 2024
Mustang 5.0L 8-cyl
✓ EPA Verified
Regular Gasoline
Subcompact Cars
Rear-Wheel Drive
City
15
MPG
Combined
18
MPG
Highway
24
MPG
Annual Fuel Cost
$2,450
Based on 15,000 miles/year · EPA estimates
vs avg gas vehicle
$300
more per year
Class Comparison — Subcompact Cars
Bottom 6%
Better than 6 out of 100 vehicles in its class for fuel efficiency.
This vehicle: 18 MPG
This vehicle
18 MPG
Class average
27 MPG
Class lowest
12 MPG
EPA Energy & Environment Scores
4
Energy Score
Out of 10
4
GHG Score
Out of 10
492 lbs
Annual CO₂
g/mile tailpipe CO₂
No
Start-Stop
Not equipped
Vehicle Specifications
Engine5.0L 8-cyl
TransmissionAutomatic (S10)
DriveRear-Wheel Drive
Fuel TypeRegular Gasoline
Vehicle ClassSubcompact Cars
Start-StopNo
EPA Vehicle ID46648

The 2024 Ford Mustang GT offers 18 MPG combined. Mustang GT buyers with the 5.0L Coyote V8 probably aren’t thinking about fuel efficiency. They want that iconic rumble, the thrilling acceleration, and the visceral driving experience only a naturally aspirated V8 muscle car delivers. Fuel costs are part of the equation, a necessary expense for the joy this machine provides.

City and highway performance

The EPA estimates the 2024 Mustang GT 5.0L with the automatic transmission gets 15 MPG in the city and 24 MPG on the highway. These figures reflect a high-performance V8 engine in different driving conditions. City driving, with its stop-and-go traffic, frequent acceleration, and idling, strains fuel consumption. The engine is constantly working, and efficiency suffers.

Highway driving lets the engine settle into a more relaxed state, maintaining a consistent speed. The automatic transmission’s ability to select the optimal gear for cruising aids in improving highway fuel economy. However, even on the open road, aggressive driving can quickly negate any potential savings.

Annual fuel cost

The EPA estimates the annual fuel cost for the 2024 Ford Mustang GT 5.0L with the automatic transmission at $2,450. This is based on driving 15,000 miles per year and using the national average fuel price. Remember that this is just an estimate. Your actual fuel costs may vary based on your driving habits, the type of fuel you use, and local gas prices. If you regularly drive fast or spend time in heavy traffic, expect to exceed this estimate. More conservative drivers covering mostly highway miles could see slightly lower annual fuel expenses.

Real-world expectations

While the EPA estimates provide a baseline, real-world fuel economy for the 2024 Mustang GT 5.0L can change a lot. Driving style, traffic, and even the weather can influence your mileage. Drivers who regularly use the engine’s power, enjoying quick acceleration and high-speed cruising, will likely see fuel economy numbers below the EPA estimates. Those who adopt a more relaxed driving style, avoiding aggressive acceleration and maintaining consistent speeds, may approach or slightly exceed the EPA figures, especially on longer highway trips. Your personal driving habits will decide your fuel consumption.

How it compares

The 2024 Mustang GT’s fuel economy places it appropriately within the world of high-performance coupes. The Chevrolet Camaro SS with its 6.2L V8 achieves a similar 16 MPG city, 24 MPG highway with the automatic transmission. The Dodge Challenger R/T with the 5.7L HEMI V8 is rated slightly lower at 15 MPG city and 23 MPG highway. You’ll see similar MPG figures across all recent Mustang models. These figures aren’t outrageous when you consider what the Ford Mustang is designed to deliver. The eco-boost Mustang models offer far better MPG, but this is the trade-off for those wanting a true V8 experience.

Tips to maximize efficiency

While the Mustang GT’s main goal isn’t fuel efficiency, you can take steps to improve your MPG. Avoid aggressive acceleration and hard braking. Smooth, gradual acceleration and anticipating traffic flow will reduce fuel consumption.

Maintain a steady speed on the highway. The Mustang GT’s automatic transmission is designed to optimize fuel economy at cruising speeds. Use cruise control when appropriate to prevent unintentional speed fluctuations and reduce fuel waste. Consider the different drive modes available. While “Sport” and “Track” modes enhance performance, “Normal” or “Eco” modes can prioritize fuel efficiency.

Make sure the tires have proper inflation. Underinflated tires increase rolling resistance, which can negatively impact fuel economy. Check your tire pressure regularly, and inflate them to the recommended levels. Regular maintenance such as oil changes, air filter replacement, and spark plug maintenance is important for keeping the engine efficient.

Avoid unnecessary idling. If you’re stopped for more than a minute, turn off the engine. Modern engines restart quickly and efficiently, and idling wastes more fuel than restarting. Lighten your load. Excess weight in the vehicle increases fuel consumption. Remove any unnecessary items from the trunk and passenger compartment.