I'm pretty sure it is the 1st Gen as I didn't even know they had a 2nd Gen until you guys just told me. Price has been lowered to 450 plus I'll split shipping. It still kept temps down over my stock intercooler and is a good warranty friendly intercooler. I would think montune put out the newer one due to the upcoming mountune turbo upgrade for the fiesta. Either way, mine is in perfect shape and ready to ship and warranty approved.