2004 Ford Mustang

Change year or car

Change year or car

$18,150

starting MSRP

2004 Ford Mustang

Key specs

Base trim shown

Overview

The good:

  • Performance of the GT
  • RWD handling in the GT
  • Ride comfort on smooth roads
  • Quietness of V-6

The bad:

  • Slippery-weather traction
  • Final year in this form
  • Backseat space
  • Manual-gearbox operation

7 trims

Starting msrp listed lowest to highest price

Wondering which trim is right for you?

Our 2004 Ford Mustang trim comparison will help you decide.

Notable features

  • Choice of V-6 or V-8
  • Coupe and convertible body styles
  • RWD layout
  • Mach 1 and Cobra models
  • Color-shifting paint package for Cobra trim

2004 Ford Mustang review: Our expert's take

Vehicle Overview
Ford’s “pony car” celebrates its 40th anniversary in 2004, and all models wear special commemorative front-fender badging. A limited-edition 40th Anniversary Package that features performance-oriented upgrades and Arizona Beige stripes on the hood, lower rockers and deck lid is available.

Last year saw the return of the limited-production Mach 1 Mustang, which first debuted in 1969. Continuing into 2004, the current version has a functional “shaker” scoop on its hood as well as an air-dam extension and low-gloss black striping above the rocker moldings. Not only has the Mach 1’s body been lowered by half an inch, but its 4.6-liter V-8 engine is also good for 305 horsepower. An SVT version of the Mustang called the Mustang Cobra is also available. (Skip to details on the: SVT Mustang Cobra)

Coupes and convertibles are available. Regular V-6 Mustangs come in standard, Deluxe and Premium trim levels, while the GT V-8 is offered in Deluxe and Premium levels.

Ford’s Mustang is the last of the traditional rear-wheel-drive pony cars. At the 2004 North American International Auto Show, Ford introduced a brand-new Mustang that will go on sale as a 2005 model-year vehicle.

Exterior
Even in the tamer, V-6-powered trim levels, the Mustang flaunts a sporty appearance with its long hood and short rear deck. Several styling cues, including the hood scoop, side scoops and a grille that contains a pony emblem in a chrome corral, are evolutions of the Mustang’s appearance from more than three decades ago. Convertibles have a glass back window and a power-operated top that stows beneath a hard boot.

Interior
Mustangs seat four occupants on front bucket seats and a split, folding rear seat; the seatback is fixed in convertibles. Seating is reasonably upright for easy entry and exit, but the doors demand considerable space in order to be fully opened. Cargo volumes are a modest 10.9 cubic feet in the coupe and 7.7 cubic feet in convertible models.

Under the Hood
Base-model Mustangs carry a 190-hp, 3.8-liter V-6 engine, while the GT gets a 4.6-liter single-overhead-cam V-8 rated at 260 hp. Either engine can team with a five-speed-manual transmission or an optional four-speed automatic. With the manual shift, the Mach 1’s 4.6-liter V-8 generates 305 hp at 5,800 rpm and 320 pounds-feet of torque at 4,200 rpm. A limited-slip rear axle is standard on GT models.

Safety
All-disc antilock brakes are standard on the Mach 1 and SVT Mustang Cobra and optional on other models. Side-impact airbags are not available.

Driving Impressions
Whether it packs a V-6 or V-8 engine, the Mustang is a strong performer, yet it’s easy enough to live with for everyday driving due to its relatively smooth ride and quiet operation.

Handling is another bonus, especially when driving a GT. Steering demands moderate effort, but you get firm, secure responses and a tenacious grip through curves. The GT’s V-8 delivers a satisfying exhaust sound. Ford’s five-speed-manual gearbox isn’t always the easiest to shift, and some of them have made a clanking sound.

Related Model: SVT Mustang Cobra
Revived as a 2003 model, the SVT Mustang Cobra dishes out more power than any of its predecessors — 390 hp at 6,000 rpm and 390 pounds-feet of torque at 3,500 rpm. The extra horsepower on the current version results from an Eaton Roots-type supercharger that features a water-to-air intercooler for the 4.6-liter V-8 engine. A six-speed-manual transmission sends all the Cobra’s vigor to the back wheels.

Coupe and convertible body styles are available, but the soft-top Cobra has its own suspension tuning. The Cobra is capable of accelerating from zero to 60 mph in 4.9 seconds.

For 2004, 1,000 examples of a limited-edition Mystichrome Appearance Package, which features color-shifting body paint, will be produced. Two new regular colors are available: Screaming Yellow and Competition Orange. Ford halted the production of all SVT products midway through the model year, but a new group is expected in a year or so. Back to top

Consumer reviews

Rating breakdown (out of 5):
  • Comfort 4.2
  • Interior design 4.2
  • Performance 4.7
  • Value for the money 4.8
  • Exterior styling 4.8
  • Reliability 4.7

Most recent consumer reviews

5.0

Love this car for quality and body style,

This car is great for me and my wife to cruise in, it easy to get in and out and love showing it off,will have lots of fun this summer.

4.6

One of the fastest cars I have owned

Great resonable priced toy not the best for long trips but good around towner loud ride with after market exhaust will piss off neighbors and the police.

4.9

Best muscle car!

I’m very happy with this car. It is my dream car and I would like to own it for a very long time. Very happy!

See all 108 consumer reviews

Warranty

New car and Certified Pre-Owned programs by Ford Blue Advantage Gold
Certified Pre-Owned program benefits
Maximum age/mileage
Gold Certified: Ford models up to 6 years old with less than 80,000 miles
Basic warranty terms
12-Month/12,000-Mile (whichever comes first) Comprehensive Limited Warranty Blue Certified: 90-Day/4,000-Mile (whichever comes first) Comprehensive Limited Warranty Disclaimer: See your dealer for warranty coverage details.
Powertrain
7-Year/100,000-Mile (whichever comes first) Powertrain Limited Warranty Blue Certified: Available Disclaimer: See your dealer for warranty coverage details.
Dealer certification required
Certified 172-point inspection
Roadside assistance
Yes
View all cpo program details

Have questions about warranties or CPO programs?

Compare the competitors

1996

Chrysler Sebring

$16,441

starting MSRP

2002

Chevrolet Camaro

$18,415

starting MSRP

2001

Ford Mustang

$18,890

starting MSRP