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Ford to auction first 2015 Mustang GT for charity

Ford to auction first 2015 Mustang GT for charity

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Ford will auction off the very first production version of its all-new 2015 Mustang in January. The auction will take place on January 18 at the annual Barrett-Jackson auction in Scottsdale, Arizona, with all proceeds from the sale going to the Juvenile Diabetes Research Foundation (JDRF).

“JDRF is very grateful for the generous and steadfast support from Ford and its employees over the years,” said Jeffrey Brewer, president and CEO of Juvenile Diabetes Research Foundation, in a statement. “It is an incredible honor to be a part of Mustang’s 50th celebration and we are so thankful for the donation of the auction proceeds which will go directly to JDRF’s type 1 diabetes research programs.”

2015-mustang1The sale of the new Mustang is part of Barrett-Jackson’s annual Arizona auction. Over 300,000 people are expected to attend the week-long auction, where more than 1,400 vehicles will be sold.

The Mustang offered will be the top-of-the-line GT model, tricked out with a 5.0 liter V-8 engine that will produce 420 horsepower. The new owner will be able to select an automatic or manual transmission, and customize the vehicle with any combination of colors and stripes he/she desires.

So, how much will this first-ever Mustang cost you? We’re betting on at least $1 million. After all, at last year’s auction, the first Corvette Stingray went for $1.1 million (it was bought by NASCAR team owner Rick Hendrick).

Whoever does put down the winning bid will have their new 2015 Mustang GT delivered later in 2014.