We will discuss the feasibility of using a minimally-modified variant of a SpaceX Dragon capsule as a low-cost, large-capacity, near-term, Mars lander for scientific and human-precursor missions. We have been evaluating such a Red Dragon platform as an option for a Discovery Program mission concept. A Red Dragon lander has the potential to be low cost primarily because it would be derived from a routinely-flying spacecraft. Dragon is being developed to ferry cargo and crew to and from the International Space Station (ISS). The cargo variant is currently undergoing test flights, which will be followed by standard ISS cargo missions and, eventually, crewed flights. The human variant, unlike other Earth-return vehicles, appears to also have most of the capabilities necessary to land on Mars. In particular, it has a set of high-thrust, throttleable, storable bi-propellant Super- Draco engines integrated directly into the capsule which are intended for launch abort and powered landings on Earth. These thrusters suggest the possibility of a parachute-free, fully-propulsive deceleration at Mars from supersonic speeds to the surface. Concepts for large, human-relevant landers (see, e.g., [1]) also often employ supersonic retro-propulsion; Red Dragon's entry, descent, and landing approach would scale to those landers. Further, SpaceX's Falcon Heavy launch vehicle, currently under development and expected to have its first flight in 2013, will be capable of sending Dragon on a trajectory to Mars. We will discuss our motivation for exploring a Red Dragon lander, the primary technical questions which determine its feasibility, and the current results of our analysis. In particular, we will examine entry, descent, and landing (EDL) in detail. We will describe the modifications to Dragon necessary for interplanetary cruise, EDL, and operations on the Martian surface.