2015 Ford Mustang GT Costs $128,680 in China

According to the local media, Ford dealerships in China will start taking orders for the new breed on January 21st, while Australia a little later on, with first deliveries slated for November 2015. With the most important details out of the way, it’s highly necessary to highlight the Chinese price range of the 2015 Mustang: from 420,000 to 800,000 yuan.

420,000 yuan will buy you the most basic 2.3-liter EcoBoost-powered pony, which is a slightly hefty $67,560 at current exchange rates. Compared to the EcoBoost fastback’s US sticker of $25,300, I sort of pity the Chinese for how much they have to pay on a simple, turbocharged four-cylinder Mustang.

As ludicrous as it may sound, the China-spec V8 GT fastback is even more ridiculously priced - as a matter of fact, 800,000 yuan is equivalent to a mind-boggling $128,680 at current rates. I would really like to understand why a car that’s worth a reasonable $32,300 in the US costs four times as much money to be shipped across the Pacific ocean to China. Did someone from the FoMoCo just said “coz we can!”?

Regardless of this too dramatic and shady pricing markup, this is the first time in the Mustang’s 50-year history the nameplate was made available to customers around the world in 100-plus markets. While first shipments of the new breed are now en route for Asia, Europe gets the ‘Stang by midyear 2015.

Editor's note: I am well aware China has tremendously huge import tariffs and auto taxes in addition to the Michigan-to-China shipping costs, but that price is just uncanny. Still, the China-spec EcoBoost is a little cheaper than the V6-powered Chevrolet Camaro, which costs 455,000 yuan ($73,200) over there.