Hoping to buy a new Ford Mustang R-Spec 2020? Get in quickly!

Buyers keen on the homegrown Ford Mustang R-Spec better act now, as the limited-edition 500kW-plus coupe is close to being sold out.

A Ford Australia spokesperson told CarsGuide all 500 examples have been allocated to dealers since the Mustang R-Spec’s reveal last October, although we understand that doesn’t necessarily mean each one has been sold to a buyer.

Some dealers are expected to hold onto examples of the Mustang R-Spec until after its release, much like they did with the limited-edition Bullitt before it.

That said, the majority are known to be officially spoken for, with order books having now been open for more than three months.

Either way, the very first Mustang R-Spec – or Build #001 – was completed today at Ford Australia’s purpose-built production line in Broadmeadows, Victoria. It was finished in Grabber Lime heritage paintwork, which was introduced for MY20.

The company’s spokesperson said customer deliveries of the Mustang R-Spec will begin in mid-to-late February and finish mid-year.

As reported, the R-Spec adds a Ford Performance supercharger to the Mustang GT Fastback’s 5.0-litre Coyote V8 petrol engine.

Power and torque outputs for the R-Spec are yet to be released, but a similar kit in the United States produces more than 500kW/800Nm – well above the Mustang GT Fastback’s 339kW/556Nm.

As such, the Mustang R-Spec will naturally go toe to toe with HSV’s locally remanufactured 477kW/881Nm Chevrolet Camaro ZL1 upon its launch.

With enthusiasts in mind, the Mustang R-Spec is exclusively mated to a six-speed manual transmission. Naturally, drive is only sent to the rear wheels.

Ford Australia was unable to sell the Mustang’s global flagship, the 567kW/847Nm Shelby GT500, in Australia due to its lack of right-hand-drive production, so the R-Spec is the next best thing, resulting from a partnership with Herrod Performance.