Goes on sale this summer.

Mercedes has announced the entry-level AMG GT will be priced from $111,200 when it goes on sale this summer.

Set to cost $20,000 less than the AMG GT S, the entry-level model eschews some performance-oriented equipment and comes standard with AMG Performance Seats with MB-Tex/Dinamica upholstery.  The car also has power front seats, a rearview camera, a keyless ignition, and a Collision Prevention Assist Plus system with adaptive braking.

An assortment of different options will be available including a panorama sunroof, carbon ceramic brakes, and a Burmester premium audio system.  Customers can also order an AMG Night Package, a carbon fiber styling package, and an AMG Dynamic Plus Package - among other things.

Power is provided by a 4.0-liter biturbo V8 engine that produces 456 horsepower and 443 pound-feet of torque.  It is connected to a seven-speed AMG SpeedShift dual clutch transmission which enables the car to accelerate from 0-60 miles per hour in 3.9 seconds before hitting a top speed of 189 mph.

For comparison, the Mercedes-AMG GT S starts at $131,200 and features an upgraded V8 engine with 503 hp and 479 lb-ft of torque.  The extra power enables the model to rocket from 0-60 mph in 3.7 seconds and onto a top speed of 193 mph. Whether those two tenths of a second and extra 4 mph are worth $20,000 is up to you.

Source: Mercedes-Benz USA

Gallery: Mercedes-AMG GT starts at $111,200