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2004 Ford Mustang review: Our expert’s take. Ford’s “pony car” celebrates its 40th anniversary in 2004, and all models wear special commemorative front-fender badging.
2004
Ford Mustang 40th Anniversary (2004)
With an all-new model scheduled for ’05, there are few changes for the 2004 Ford Mustang. All models wear commemorative 40th anniversary exterior badging, while V6 and GT models can be ordered with a full 40th anniversary package that includes additional exterior and interior enhancements.
The 40th anniversary Mustang had four different engine options: one V-6 and three V-8s. The V-6 — a 3.8-liter — produced 190 hp at 5,250 rpm and 220 foot-pounds of torque at 2,750 rpm.
Top speed: | |
---|---|
(theor. without speed governor) | 242 km/h / 150 mph |
Reliability: Great mileage for a sports car Comfort: seats are leather and very comfortable but the interior of the car is very small. My 2004 Ford Mustang is a very reliable and comfortable car to drive. … It’s a good looking reliable car that you will have for a long time.
Trim | MSRP | CarGurus Instant Market Value |
---|---|---|
Premium Convertible RWD | $26,010 | $7,356 |
GT Convertible RWD | $28,640 | $13,667 |
Convertible RWD | $24,510 | $7,539 |
GT Coupe RWD | $24,300 | $11,963 |
Coupe | Original MSRP / Price | Drive |
---|---|---|
Mustang 2dr Cpe GT Deluxe | $23,675 / N/A | RWD |
Mustang 2dr Cpe GT Premium | $24,845 / N/A | RWD |
Mustang 2dr Cpe Premium | $19,535 / N/A | RWD |
Mustang 2dr Cpe Premium Mach 1 | $29,250 / N/A | RWD |
Trim | MSRP | CarGurus Instant Market Value |
---|---|---|
Supercharged Coupe | $35,485 | $36,663 |
Supercharged Convertible | $39,865 | $37,245 |
The price range for the 2004 Ford Mustang is $6,485 – $33,991. The average selling price is $14,061.
Despite being a fuel-consuming muscle car, Ford Mustangs have exceptional durability if you maintain them well. These cars can last for 200,000 miles without any major issues.
The Mustang GT’s 4.6-liter V-8 produces 215 horsepower at 4,500 rpm and 290 pound-feet of torque at 3,250 rpm.
The Ford Mustang Reliability Rating is 3.5 out of 5.0, which ranks it 20th out of 24 for midsize cars. The average annual repair cost is $709 which means it has average ownership costs. The severity of repairs is average and the frequency of those issues is low, so major repairs are uncommon for the Mustang.
It has been as reliable as a car half its years. In ten years, it has only needed two batteries, tires and an alternator. The Mustang never let her stranded and had no problems whatsoever. Everything still works; A/C, power windows, power mirrors, cruise control, power seat and the 460 stereo is awesome!
YEAR | GEMSTONE, METAL OR MATERIAL |
---|---|
40 | Ruby |
45 | Sapphire |
50 | Gold |
55 | Emerald |
ANNIVERSARY | COLOURS | |
---|---|---|
40th | Fortieth | Ruby Red |
45th | Forty-Fifth | Sapphire Red |
50th | Fiftieth | Gold |
55th | Fifty-Fifth | Emerald Green |
4.6L Mustang Engine Power Limits
For 4.6 engines with 2 valve heads (2 valves per cylinder), the power limit is around 400 rwhp.
Registered. 519 notches, 885 hatches and 361 verts. This according to the “Fox-Body Mustang Recognition Guide, 1979-1993”.
Average Market Value | $10,368 |
---|---|
Low Market Value | $7,776 |
High Market Value | $12,960 |
Coupe | Original MSRP / Price | Drive |
---|---|---|
Mustang 2dr Cpe Deluxe | $19,215 / N/A | RWD |
Mustang 2dr Cpe GT Deluxe | $25,140 / N/A | RWD |
Mustang 2dr Cpe GT Premium | $26,320 / N/A | RWD |
Mustang 2dr Cpe Premium | $20,090 / N/A | RWD |
Trim | MSRP | Invoice |
---|---|---|
GT Coupe RWD | $21,685 | $19,292 |
GT Convertible RWD | $25,940 | $23,080 |
Coupe RWD | $17,190 | $15,292 |
Convertible RWD | $22,040 | $19,609 |
0-60 mph | 5.0 seconds |
---|---|
0-100 kph | 5.4 seconds |
Quarter mile | 15.0 s @ 108 mph |
Top speed | 240 kph / 149 mph |
Curb weight | 1580 kilograms (3483 pounds) |
If you have a 5 as your first digit, your car came with a T-5 OD Mustang transmission. Finally, if you have a K as the first digit in the “TR” code, you have a TR-3650. This Mustang Transmission is found in mid-2001 to 2004 Mustang GT, the 2003 and 2004 Mach1 and the 2001 Cobra.
Ford SVT Mustang Cobra
The Ford SVT Mustang Cobra (also known as SVT Mustang Cobra, SVT Cobra, or simply as Cobra) is a muscle car/pony car model that was built in model years 1993 through 2004 by Ford Motor Company’s Special Vehicle Team division (or SVT, for short).
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