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The 2006 Ford Mustang lineup probably seems more complicated than it really is. Mustang is available as either a fastback coupe or convertible, each with either a V6 or V8 engine. The V6 models focus on value, while the V8 GTs focus on performance. All come standard with a five-speed manual transmission, but all are available with a five-speed automatic.

The rest of the difference comes down to trim. The V6 Standard coupe ($19,115) comes well equipped, with one-touch power windows, power mirrors and door locks, keyless entry, air conditioning, AM/FM/CD, tilt steering, speed control, rear window defroster, 16-inch wheels, and a split-folding rear seat. Its 4.0-liter overhead-cam V6 generates 210 horsepower.

The V6 Deluxe coupe ($19,215) adds 16-inch machined-face aluminum wheels. The V6 Premium coupe ($20,090) adds 16-inch wheels with chrome spinners, a 500-watt audio system with six-disc CD changer and MP3 capability, and a six-way power driver's seat.

The Mustang convertibles are subdivided in the same fashion, with the same equipment plus a power-operated folding top: V6 Standard ($23,940), V6 Deluxe ($24,040) and V6 Premium ($24,915).

New for 2006, the Pony Package offers V6 buyers V8 show without the engine. The package includes a firmer suspension, a custom grille with fog lamps, Pony emblems and 17-inch wheels.

In addition to its 4.6-liter, 300-horsepower V8, the Mustang GT Deluxe coupe ($25,140) adds in-grille fog lamps, complex reflector halogen headlamps with integral turn signals, a rear spoiler, and performance tires on 17-inch wheels. The GT Premium coupe ($26,320) comes with the 500-watt CD changer and Aberdeen leather-trimmed sport bucket seats.

The GT Deluxe convertible ($29,965) and GT Premium convertible ($31,145) have the power-operated soft top.

Mustang options include the five-speed automatic transmission ($995), an active anti-theft system ($255), a 1000-watt audio system ($1,295), an interior upgrade package with satin aluminum trim ($450). The GTs are available with 18-inch wheels ($195).

Safety features on all Mustangs include dual-stage front impact airbags and three-point belts for all seats. Antilock brakes and traction control are standard on the GTs and optional on the V6 models ($775). Front passenger side-impact airbags ($370) are optional on all models, so be sure to order them as they are designed to offer torso protection in a side impact.