Motoring News

With its Metalcrafters-sculpted body, Lee Iacocca’s Silver 45th Anniversary Edition Ford Mustang is one of the hottest pony cars on the market. Unfortunately, it’s one of the most expensive too. I Legacy, the company in charge of building the car, recently announced that pricing for each of the 45 examples available will start at $89,950. That’s about $10,000 more than the GT500KR or more than triple the base price of a 2010 Mustang GT. If you want items like the Ford Racing supercharger or the big brake kit, you’re looking at nearly six figures.

Are we surprised? If anything, we’re surprised the price tag isn’t more. Creating custom coachwork for a vehicle isn’t cheap, especially when the cost is only spread over 45 cars. Think about it – Jim Glickenhaus had to pay Pininfarina around $3 million to turn an Enzo into his one-off P4/5.

Okay, so that might be comparing apples to oranges, but you get the point. Putting new skin on a car isn’t cheap. At least one person agrees – the first example wassold at auction for $125,000 at the car’s unveiling.

Iacocca’s Mustang might not be everyone’s cup of tea, but we expect Galpin Ford, the sole dealer for the car, to find a home for the other 44 cars. Hit the jump for the press release to read more about the special ‘Stang.

(Via AutoBlog.)

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