The Ford Mustang is one of the most iconic cars in the world, but for its 50th anniversary the classic vehicle may be getting a new look. The famous design that defined the car for decades may soon be a thing of the past, which could be a shock to the many baby boomers who grew up with the Mustang, The Wall Street Journal reports.

The automaker is expected to roll out the new-look Mustang in 2014, and analysts say they hope it will appeal to a younger demographic. Though the company risks alienating the segment of the population that made the car what it is today, experts say it's a smart move on the part of Ford.

"The main goal that all automobile companies need to be successful at is, let's prepare vehicles that the next generation will want to be in, but have all the other features that will still appeal to the older generation as well," analyst Alexander Edwards told the newspaper.

Details are scarce about what the Mustang will look like, but early reports suggest it could more closely resemble a hybrid between the popular Ford Fusion and an Aston Martin. Though the look would change a bit, it will still retain the Mustangs iconic shark-nosed grille and round headlights, according to WSJ.

The Mustang is not the only car to get a fresh look in the last several years. The Volkswagen Beetle, Dodge Charger and Chevrolet Camaro have all received upgrades. As a result, drivers may have to turn to pre-owned vehicles as a way to get behind the wheel of more classic-look cars. New Jersey State Auto Auction has plenty of makes and models so consumers can find the exact vehicle they're looking for.