2011 Saleen Mustang 302 muscle car unveiled

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Much anticipation had built up since Saleen released its rendering of the proposed 460 Mustang since last year. Much of the delay was due to Ford’s new V8 engine that SMS was waiting to modify. Today, Saleen offiicial unveiled the completion of the renamed 2011 SMS 302 Mustang at the company’s headquarters in Corona, California.

As always, the SMS 302 Mustang comes in multiple engine configurations to your desire. The 2011 SMS 302 Mustang will be offered in two versions with naturally aspirated and a supercharged engines. The nautrally aspirated 4V model produces 440 horsepower with only a few powertrain tweaks. And the supercharged 302SC model produces 535 horsepower and 450 pound-feet of torque. So take your pick, natural power or super power.

Both SMS 302 Mustangs come with a lot of upgrades including the new SMS body kit, hood with heat-extracting grilles, 20-inch wheels and tires, upgraded suspension and brakes, Alcantara seats, 200 mph gauges, and a short-throw shifter.

Saleen claims that the naturally aspirated SMS 302 Mustang can sprint a 0-60 mph in about 4.5 seconds, and while the supercharged 302 Mustang version can sprint in just 4.3 seconds. In comparison, the normal Ford Mustang GT produces 412 hp and 390 lb-ft of torque. It can sprint from 0 – 60 in about 4.5 seconds as well, but costs only about $30,495.

As you can expect from Saleen, prices for these Mustangs are very expensive compared to the amount of upgrades that are done. The SMS 302 4V Mustang starts at $54,990 and the SMS 302SC Mustang is about $64,990. Ouch, somebody pinch me! How about a 2010 Roush Mustang with 540 horsepower and 510 lb-ft of torque for around $48,000 or the Ford Mustang GT premium for $32,000, anyone? For those kind of prices, a little more power for the SMS 302 Mustang couldn’t hurt.