First 2019 Ford Mustang Bullitt Sells for $300,000 at Auction

Matt Posky
by Matt Posky

While Ford hasn’t announced the pricing of the new Bullitt Mustang, the first example just sold for three-hundred grand at auction. We’re presuming future production models will be considerably more affordable because, damn, that’s a lot to spend on an appearance package and a few extra horses — even if the end result is undeniably cool.

Fortunately, all the proceeds went to supporting the Boys Republic — a charity near and dear to Steve McQueen. In addition to being remanded to the school after his own mother signed a court order that he was “incorrigible,” a matured McQueen often visited its children during the holidays and frequently donated large sums of money to the organization.

While we don’t know if the person who purchased the car was a true philanthropist or simply a huge fan of movie-inspired Mustangs, they clearly wanted this car very badly. With no reserve at the Barrett-Jackson Scottsdale auction, Lot could have gone for a far more modest sum on Friday evening.

We saw the car at the North American International Auto Show last week. Ford said it was equipped with an upgraded 5.0-liter V8, borrowed from the Mustang GT, delivering at least 475 horsepower and 420 foot-pounds of torque. The estimated top speed is 163 miles per hour — accessible through a six-speed cue-ball manual and heavy right foot. Certainly desirable, we’re not sure the vehicle is worth $300,000 outside of charitable causes. One-sixth of that price seems a bit more reasonable and likely closer to what the manufacturer will ultimately ask for.

Ford says it will hip us the official MSRP of the Bullitt closer to its summer launch.

[Images: Ford Motor Co.]

Matt Posky
Matt Posky

A staunch consumer advocate tracking industry trends and regulation. Before joining TTAC, Matt spent a decade working for marketing and research firms based in NYC. Clients included several of the world’s largest automakers, global tire brands, and aftermarket part suppliers. Dissatisfied with the corporate world and resentful of having to wear suits everyday, he pivoted to writing about cars. Since then, that man has become an ardent supporter of the right-to-repair movement, been interviewed on the auto industry by national radio broadcasts, driven more rental cars than anyone ever should, participated in amateur rallying events, and received the requisite minimum training as sanctioned by the SCCA. Handy with a wrench, Matt grew up surrounded by Detroit auto workers and managed to get a pizza delivery job before he was legally eligible. He later found himself driving box trucks through Manhattan, guaranteeing future sympathy for actual truckers. He continues to conduct research pertaining to the automotive sector as an independent contractor and has since moved back to his native Michigan, closer to where the cars are born. A contrarian, Matt claims to prefer understeer — stating that front and all-wheel drive vehicles cater best to his driving style.

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  • ItsBob ItsBob on Jan 22, 2018

    This "moron" obviously is smart enough to spend his time acquiring enough wealth to be able to spend $300,000 on a $60,000 car. I guess he could have spent most of his time on forums bashing his least favorite auto brand but then he would be a---what? A moron?

    • See 2 previous
    • Art Vandelay Art Vandelay on Jan 22, 2018

      @EBFlex You are the sort that drives an old W Body with the temp spare that has been on the front for the last 20k miles I bet

  • Jpolicke Jpolicke on Jan 22, 2018

    Maybe it’s just the photos but it doesn’t look like the right shade of green. Since it bears so little in common with the original they should at least have the color right.

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    • DenverMike DenverMike on Jan 22, 2018

      @Art Vandelay It's not just that shade of green that's wrong, a lot of those automakers press pics look a little "off". The reflections don't seem right or there's a suspicious matte/flat finish on slab/flat panels closest to the "camera". There's never a reflection of the camera man and there's usually a convenient reflection on the glass, blocking the driver's face.

  • Jeff One less option will be available for an affordable midsize sedan. Not much can be done about GM discontinuing the Malibu. GM, Ford, and Stellantis have been discontinuing cars for the most part to focus on pickups, crossovers, and suvs. Many buyers that don't want trucks or truck like vehicles have moved onto Japanese and South Korean brands. Meanwhile large pickups and suvs continue to pile up on dealer lots with some dealers still adding market adjustments to the stickers. Even Toyota dealers have growing inventories of Tundras and Tacomas.
  • Lorenzo This car would have sold better if there was a kit to put fiberglass toast slices on the roof.
  • Lorenzo The Malibu is close to what the 1955 Bel Air was, but 6 inches shorter in height, and 3 inches shorter in wheelbase, the former making it much more difficult to get into or out of. Grandma has to sit in front (groan) and she'll still have trouble getting in and out.The '55s had long options lists, but didn't include a 91 cubic inch four with a turbo, or a continuously variable transmission. Metal and decent fabric were replaced by cheap plastic too. The 1955 price was $1765 base, or $20,600 adjusted for inflation, but could be optioned up to $3,000 +/-, or $36,000, so in the same ballpark.The fuel economy, handling, and reliability are improved, but that's about it. Other than the fact that it means one fewer sedan available, there's no reason to be sorry it's being discontinued. Put the 1955 body on it and it'll sell like hotcakes, though.
  • Calrson Fan We are already seeing multiple manufacturers steering away from EVs to Hybrids & PHEVs. Suspect the market will follow. Battery tech isn't anywhere close to where it needs to be for EV's to replace ICE's. Neither is the electrical grid or charging infrastructure. PHEV's still have the drawback that if you can't charge at home your not a potential customer. I've heard stories of people with Volts that never charge them but that's a unique kind of stupidity. If you can't or don't want to charge your PHEV then just get a hybrid.
  • AZFelix The last time I missed the Malibu was when one swerved into my lane and I had to brake hard to avoid a collision. 1 out of 5⭐️. Do not recommend.
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