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$300,000 for first 2015 Mustang

By Tara Baukus Mello ·
Friday, January 24, 2014
Posted: 3 pm ET

cars-blog-BJAZ-15MustAuctionThe first 2015 Ford Mustang GT Fastback available for retail sale sold this week at a Barrett-Jackson car auction in Scottsdale, Ariz., for $300,000. The proceeds of the sale benefitted JDRF, a diabetes research organization.

The Ford Mustang was purchased by car collector Sam Pack, who also owns North Texas Ford. Pack must wait to take delivery of his purchase when the car goes on sale this fall.

The 2015 Ford Mustang GT is powered by a 420-horsepower V-8. It has new styling, as well as new front and rear independent suspension systems, more precise steering and improved ride comfort. Pack will get to choose the exterior/interior color combination as well as whether it will have a manual or automatic transmission. The team of Ford employees involved in the 2015 Mustang design and development will sign the car in appreciation of the donation.

Are you interested in the rollout of the new Ford Mustang?

Tara Baukus Mello writes the cars blog as well as the weekly Driving for Dollars column, providing both practical financial advice for consumers as well as insight into the latest developments in the automotive world. Follow her on Facebook here or on Twitter @SheDrives.

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March 06, 2014 at 1:54 pm

Sam Pack owns four "5 Star Ford" dealerships in North Texas. There is no North Texas Ford.