The 2020 Ford Mustang Bullitt is about to get a big price increase compared to the current model year.

Once again, we return to CarsDirect for the inside scoop on what’s happening to the Ford Mustang for the 2020 model year. Yesterday we found out that the 2.3-L EcoBoost Mustang High Performance Package would come at a $5,000 premium over the regular base pony car, and when combined with the optional Handling Package, would actually sell for more than a stock Mustang GT.

That was bad enough. But now we’re being told that the Bullitt, Ford’s love letter to the classic Steve McQueen film, will also be getting a substantial price increase despite getting nothing in terms of new equipment.

The Bullitt debuted for the 2019 model year as an homage to the 1968 movie of the same name. It came with an additional 20 horsepower over the Mustang GT (480 hp instead of 460 hp) as well as many standard features normally found in the GT Performance Pack such as Brembo brakes, an active exhaust, and a Torsen limited-slip differential.

RELATED: EcoBoost Mustang High Performance Pack To Cost $5,000 For Just 20 HP Boost

It also came with a larger throttle body and the manifold and cold air intake from the vaunted GT350 trim. And in keeping with the name, it also came in specific Bullitt colors, had a unique dashboard and seat stitching, a custom instrument panel, and a ball-knob shifter for the 6-speed manual transmission.

2019 Ford Mustang Bullitt
via Ford

The 2019 Bullitt started at $47,690 (including destination), but the 2020 Bullitt will see a $1,215 price increase. That’s $48,905 for those unwilling to do the math.

That represents a price increase of 2.5%, which is significantly more than the predicted inflation for 2019. Not that car prices necessarily stay in line with inflation, but without any significant technological upgrades, it does make you wonder how Ford is justifying the jump in price.

Expect the new 2020 Mustangs to arrive later this summer.

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