
The more things change, the more they stay the same. That old saying once again proves true as some early pricing information for the new 2010 Ford Mustang has leaked out, with the latest 'Stang continuing its tradition of offering an excellent value proposition when compared to its new peers. Base price for a standard V6-powered 2010 Mustang is reportedly $21,845, including delivery charge. For comparison, its biggest competitor will surely be the Camaro, which starts at $22,995. The other revived pony car is the Dodge Challenger, which in base SE form begins with a $22,545 sticker price. Each of these entry-level models comes equipped with a standard V6 engine, though the Challenger comes only with a four-speed automatic while its competitors offer a stick. Anyone wanting an open-air experience has no choice but to opt for the Ford, as the Blue Oval's offering is the only modern musclecar with an optional drop-top.
Stepping up to a V8-powered Mustang will reportedly run you $27,995 – quite a bit cheaper than the V8-powered Camaro's $30,995 sticker. Dodge's entry runs $30,545 for the base R/T model and its HEMI V8. It's not exactly an apples-to-apples comparison, of course, as the Mustang GT is down a bit on horsepower compared to its rivals, but we think the GT's cut-rate pricing should be more than enough to keep Ford's pony at the top of the sales charts.




The US, and in fact the entire civilized world, is knee deep in a financial meltdown. However, crashing stock markets and crumbling banking institutions have led to one pleasant side effect. The price of gas is dropping faster than the NASDAQ. A quick trip through south-east Michigan shows that gas prices have dropped below the $3.00 threshold, and tumbling crude prices show that even cheaper petrol is on the way. A barrel of oil now costs $77.70, which is in stark contrast to the $147 per barrel crude in July that lead to $4.25 per gallon gasoline. That's a drop of nearly $9.00 today alone, and OPEC has scheduled an emergency meeting to try to halt the precipitous drop of black gold. And since we're paying under $3.00 per gallon for oil that was purchased last month, that means we won't bear the fruit of the recent drop in crude until November. While many of you were with us in praying for this drop, it's coming at a huge price. Gas is becoming more affordable because a set of Texas-sized Brembos put the brakes on energy use, but at least it's cheaper. At this rate, if the get depressed about the economy, we can afford to go for a quick ride without having to take out another loan on our crashing mortgages.

Simply put, the U.S. economy is in the crapper. Stocks are yoyoing and our mortgages are a fraction of what they were even a year ago. For all that's fiscally wrong here in the States, there is one pleasant side effect: the price of a barrel of oil is dropping faster than Kimbo Slice against a two bit hack. Oil dropped 6% in trading on Monday, bringing down the price of a barrel of crude to $87.81. Black Gold has been on a downward trajectory since July 11, when it peaked at $147 per barrel. Since then, demand has weakened both in the U.S. and China, with demand slacking so badly that the Communist government hasn't purchased any oil in two months, and it's even selling some of its stockpiles. While demand for oil is down to where it was eight months ago, OPEC is watching with a wary eye. The oil consortium, which on several occasions has increased oil production over the past year, is likely to slash production when it meets again in December. In the short term, industry experts are predicting that gas prices will drop below the $3 mark by November 1, which will make for one piece of good news in an otherwise lousy news cycle.
On Wednesday, Chrysler told its dealerships that it will be increasing the sticker price of its 2009 models by an average of $500. Shipping costs are also being raised by about $50 per vehicle, which could very well have something to do with the price of fuel. While this may seem like odd timing for a price increase considering the well-covered sales slump from which all auto manufacturers (yes, we truly do mean all auto manufacturers) are suffering, some dealership owners are commending Chrysler for holding the line on pricing for as long as it has. Cross-town rivals General Motors and Ford have already increased their prices, and both of their increases were for higher amounts. Thus, it was only a matter of time before Chrysler followed suit. Still, with the sagging economy and current credit crunch, the news isn't likely to help sales any.

