Ford offering 0 percent financing, $1000 cash back on 2010 Mustang models

[hotwheels]

The Ford Mustang has enjoyed its comfy perch atop the muscle car segment for the past several years, but the all-new 2010 Chevrolet Camaro is starting to make things a little uncomfortable for the perennial best-seller.

The Chevrolet Camaro has dominated the Mustang on the sales charts since June, prompting the boys in Blue to come up with some new ways to bolster sales. As such, the 2010 Ford Mustang is now available with 0 percent financing for up to 36 months, plus $1,000 cash back. For those seeking a longer-term, Ford is also offering 1.9 percent financing for 60 months.

The Chevrolet Camaro has been a surprise smash success for General Motors, nearly doubling the company’s expected demand and stealing away potential Mustang buyers. Since June, the Camaro has been out-selling the Mustang by about 2,000 units per month. If the Camaro can hang on to its sales lead for the year, it would mark the first time the Camaro has outsold the Mustang on a yearly basis since 1985.

However, look for the Mustang to regain some sales momentum for the 2011 model year as the original pony car is expected to receive a major powertrain update, including an all-new 5.0L V8 for the GT model.