1994-2004 Ford Mustang: Road Test

Updated: 11/23/08

1994 Ford Mustang GT 2-door coupe
2004 Ford Mustang
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1994-2004 Ford Mustang 

  • Price Range:  $1,500 - $21,200
CG Rating

42

out of 100

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Our road test for the 1994-2004 Ford Mustang includes a full evaluation from the inside out. We've evaluated every aspect of the 1994-2004 Ford Mustang and highlighted the vehicle's performance with pros and cons. Use our comprehensive road test ratings to decide if this generation 1994-2004 Ford Mustang is right for you.

Consumer Guide® Road-Test Evaluation

All Mustangs take quick corners smartly, but because of a softened suspension, base cars ride with only modest jarring--considerably less shocking than in the past. A more stiffly suspended GT, on the other hand, grows harsh, actually crashing and banging over broken surfaces. Cobras and Mach 1s are stiffer-suspended yet, as expected, but their ride quality isn't noticeably worse. Acceleration is adequate with the V6 and either transmission, though automatic downshifts tend to be delayed when dashing uphill. Obviously, the V8 is the choice for performance, though increased weight in this generation makes that engine seem a little less peppy than before. Fuel economy is good with a V6, but not with V8 power. The 4.6-liter V8 in later models yields little acceleration improvement, but it's smoother and more refined. Thrilling is the operative word for a session behind the wheel of a Cobra or Mach 1, both are true high-performance machines. Wet-weather traction continues to be a problem on all Mustangs, especially V8s. All-disc brakes are fine, but we'd look for a Mustang with the optional antilocking brakes. Entry/exit is easy enough, courtesy of the Mustang's relatively upright stance (compared to Camaro, at any rate). Backseat space is truly tight, but the cockpit has an open, airy feel. Instruments are unobstructed, controls near at hand, and the dual airbags are a safety bonus.
Value for the Money
Cobras can be pricey, and don't expect discounts on the limited-production Bullitt. Overall, though, Mustang delivers sporty performance at a reasonable price--especially in base and GT form. A major improvement over its predecessor, and more user-friendly for everyday driving than Chevy's Camaro, the current Mustang is well worth a test drive.
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Expert Ratings Summary

Category Ford Mustang GT Rating
Performance 7
Fuel Economy 4
Ride Quality 3
Steering/Handling/Braking 7
Quietness 2
Controls/Materials 6
Interior Room 5
Room/Comfort (rear) 2
Cargo Capacity 1
Value within Class 5
Total Score: 42

Each vehicle report contains one rating chart for representative model. Consumer Guide® rates in ten key areas: Performance, Fuel Economy, Ride Comfort, Steering and Handling, Interior Noise, Controls and Materials, Driver Room, Passenger Room, Cargo Capacity, and Insurance Costs. These ratings compare the particular vehicle rated to ALL other vehicles, not a vehicle's standing in a particular class. In the ratings table, "1" is the lowest rating and "10" is the highest rating.

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