Meet the new Mustang – it’s not very fast

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

If you want to give your child a brand new Ford Mustang for Christmas, and your child happens to be between the ages of 2 and 6, there's a new model out that should be just perfect.

NEW YORK (CNNMoney) — If you want to give your child a brand new Ford Mustang for Christmas, and your child happens to be between the ages of 2 and 6, there’s a new model out that should be just perfect.

Fisher-Price, a division of Mattel, has rolled out an all-new improved version of the Ford Mustang Power Wheels. This one has a few features not found on previous versions of the kid-drivable electric cars.

For instance, the new Mustang has five speeds. Before, parents could only select a “fast” speed — 5 mph, which actually does seem fast in one of these — or a slower speed of just 2.5 mph. With the new Power Wheels Mustang, parents now have the freedom to select 1, 2, 3, 4, or 5 mph as the top speed.

The rear-wheel-drive car — just like a real Mustang — also has a couple of other new features copied from full-sized road-going automobiles. It has traction control so that the back wheels won’t spin futilely on loose dirt or wet surfaces. To prevent rollover accidents, it has a tilt sensor that will stop the car from driving onto a too-tilted surface.

Adding to the lifelike feel is a “gas pedal” that’s programmed to operate like a real gas pedal. Instead of being a simple on-off switch, the pedal increases power gradually as it’s pushed down, ultimately unleashing the electric motor’s full 1/16 horsepower, if parents have allowed that.

Recorded Mustang V8 engine sounds vary along with the speed going from a pleasant burble when stopped to a tumultuous roar as the Power Wheels Mustang hits full stride. If the young driver doesn’t find the engine noises appealing, they can be turned off. That is not possible — at least not entirely — in a real Mustang.

This redesigned Mustang, which costs $360, also happens to mark a decade for the Ford Mustang Power Wheels car. While the Fisher-Price Power Wheels line can trace its history back decades. the first mini-Mustang was rolled out in 2006.