Whether it's a base-model EcoBoost or the fire-breathing GT500, the Ford Mustang has buckets of charisma and appeal. Since the inception of the hallowed nameplate in 1964, it has served as the attainable dream car for millions of people, whether they desire the menacing style or, in the case of higher-end models, the iconic V8 growl. Even the Mustang Mach-E, an electrified crossover that shares the legendary name, is finding favor with consumers.

If you're looking to scratch your S550 Mustang itch, January 2022 may be the best time to do so. For the first month of the year, Ford is offering enticing deals on the 2021 Mustang. The Blue Oval is offering appealing discounts, with $1,000 off the list price when purchased with low-interest financing. The tempting deal isn't available on the Mach 1 and Shelby GT500 models, though.

The deal expires after January 31, 2022, so if you're interested, you need to act fast. The finance offer gives customers a 1,9% APR for 60 months. Ford Authority reports, however, that this is observed in the Los Angeles market alone, with New York City, Miami, and Detroit markets offering only $500 in cash discounts.

The fine print does contain several caveats. Among them are residency restrictions and how some customers may not qualify for these Mustang discount offers. What's more, would-be buyers need to take delivery of their Mustang from an authorized Ford dealer's stock by the end of January '22.

Holding out for the new, S650 Mustang? You may wait a while, with a report suggesting the new model won't be arriving anytime soon.

Pricing for the Mustang starts from $27,205 ($32,225 in Premium trim) for the EcoBoost Fastback, with the Convertible EcoBoost pegged at $32,705 ($37,725 in Premium Trim). Want a V8? That comes in at $36,285, with the Premium model costing $40,285. The V8 Convertible is only available with the Premium package, with a list price of $45,785.

The Mach 1, Mach 1 Premium, and Shelby GT500 are listed at $53,400, $55,300 and $72,900, respectively. The GT350 and Bullitt derivatives have been discontinued.