1994-2004 Ford Mustang: Year-to-Year Changes

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
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Learn about the year-to-year changes of the 1994-2004 Ford Mustang. Get full details of the styling and performance changes throughout the history of the 1994-2004 Ford Mustang.

Year to Year Changes


1995 Ford Mustang: No major changes hit the Mustang in its second season in mid-1990s form.
1996 Ford Mustang: For 1996, a 4.6-liter overhead-cam V8 replaced the 5.0-liter. Special high-performance Cobras got a 305-horsepower dual-overhead-cam version. Cobra coupes arrived first, followed later by a convertible. Each engine gained platinum-tipped spark plugs, and the V6 added five horsepower.
1997 Ford Mustang: Notable changes included the following: a monotone interior color scheme, "flecked" seat fabric pattern for the GT, optional gray leather interior for the convertible, and optional "diamond-cut" 17-inch alloy wheels for the GT.
1998 Ford Mustang: Mustang returns virtually unchanged except for ten more horsepower in the GT.
1999 Ford Mustang: Mustang got a major styling makeover for '99. Included were new front and rear clips with styling cues from the original 1965 model and a new rear suspension designed to improve handling. All models returned and the Cobra got an even more-impressive fully independent rear suspension.
2000 Ford Mustang: Except for a new Sport appearance option for the V6 Mustang, changes were few this year. The Sport appearance group included a rear spoiler, bright alloy wheels, and body stripes. All models got two rear child safety-seat anchors and a tri-color-bar emblem on front fenders. Base models were available with new 6-spoke 15-inch alloy wheels and, for the first time, with the same 16-inch wheels and tire size used on the GT.
2001 Ford Mustang: The high-performance Cobra model returned for 2001, and the limited-edition Bullitt GT joined the lineup. Linewide changes included a new floor console, repositioned front cupholder, added tissue holder, power point, and parking-brake boot. A rear defroster was now standard, the optional Mach 460 sound system was newly available with a 6-disc in-dash CD player, and GTs got standard 17-inch alloy wheels in place of 16s. Also, GTs and Cobras got new hood and side scoops.
2002 Ford Mustang: For '02, major option packages were redesignated as submodels called Standard, Deluxe, and Premium. An MP3/CD radio was newly available, and Base Mustangs got 16-inch alloy wheels to replace 15s. The high-performance Cobra model sat out the first part of the 2002 model year.
2003 Ford Mustang: Mach 1 and SVT Cobra editions were the big news for '03--the Cobra actually arrived in limited-availability for '02. Mach one got a 300-horse dual-cam V8 while the Cobra got a 390-horse supercharged V8. The Cobra also got independent rear suspension. V6 models could have the Pony Package which included sport graphics and a non-functional hood scoop.
2004 Ford Mustang: All Mustangs wear commemorative badges to celebrate the car's 40th anniversary. Other changes were minor as Ford's ponycar would be completely redesigned for 2005.

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