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2004 Ford Mustang Full Review
Date Published: 7/31/08
Also in the 2004 Ford Mustang Review:
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Ford Mustang Full Review

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2004 Ford Mustang Review
The original ponycar celebrates its 40th anniversary in 2004, largely standing pat as Ford readies a redesigned version for 2005. All '04 Mustangs wear commemorative anniversary badges. Mustang comes as a fastback coupe or a convertible with power top and glass rear window. ABS and traction control are optional. Base models have a 193-hp V6. Sharing versions of a 4.6-liter V8 are three models: the GT with 260 hp; the Mach 1 with 310 hp; and the SVT Cobra, which has a supercharger and 390 hp. All but the Cobra are available with a 5-speed manual transmission or a 4-speed automatic. The Cobra comes only with a 6-speed manual and is the sole Mustang with independent rear suspension; a limited number will get special Mystichrome paint that changes color depending on angle of view. An optional 40th Anniversary Package includes special trim and wheels.
News
You probably know by now about the brand-new 2005 Mustang, the first complete redesign since distant 1979. New styling, which draws heavily on the early late-1960s Mustangs, adds 6 inches to wheelbase, 4.4 inches to overall length, about an inch to width and 1.4 inches to height vs. the previous generation. The result is a roomier 4-seat coupe and convertible cabin. Ford says front occupants gain 0.5 inch in headroom and 1.8 inches in shoulder room, while rear passengers get an extra 1.1 inches of legroom and 1.2 inches of shoulder room. Suspension retains front struts and a solid rear axle on base and GT models, but the axle gets more sophisticated three-link location. All versions boast enlarged 4-wheel disc brakes and offer optional ABS bundled with traction control. Engines are larger too. Base 'Stangs exchange a pushrod V6 for a new 200-hp overhead-cam 4.0-liter. GTs get a redesigned 4.6-liter V8 with aluminum block and 300 hp. Both engines team with 5-speed manual transmission or, at extra cost, Mustang's first 5-speed automatic. Optional head-protecting curtain side airbags are another first for this Ford. Standard features expand to include power windows and locks with remote window open/close from the keyfob. Convertibles again include a power top with glass rear window.

Other details and pricing won't be released until near the fall-2004 sales start, but we may get further information before that, so keep checking back with us. Eventually, a redesigned high-performance SVT Cobra will be added, again with independent rear suspension, but sources don't expect it until sometime in 2006. No word yet on a new-design Mach 1 model.
2004 Ford Mustang Road Test
Pros Cons
Acceleration (V8) Rear visibility (convertible)
Steering/handling Fuel economy (V8)
Rear-seat room
Wet-weather traction (without traction control)
Rear-seat entry/exit
Consumer Guide® Road Test Ratings
Acceleration

Base cpe, auto. GT conv, auto. Mach 1, man. SVT Cobra conv Class Average
5 7 8 9 6.1

V6 sprightly enough, especially with manual transmission. GT's V8 is robust with either transmission; Mach 1 faster still. Cobra's supercharged thrust is spine compressing and virtually lag free; test Cobra did 5.0 sec 0-60 mph. However, shifter suffers notchy movement and stiff clutch is tiring in traffic.
Fuel Economy

Base cpe, auto. GT conv, auto. Mach 1, man. SVT Cobra conv Class Average
5 4 4 3 5.6

Test manual-transmission GTs averaged 15.5 mpg, a Mach 1 16.3 with more highway miles. Expect slightly better with V6. Cobra convertibles averaged 13.8 mpg with gas-eating performance tests, 17.4 in mostly highway driving. Base and GT models use regular-grade fuel. Ford recommends premium for Mach 1 and Cobra.
Ride Quality

Base cpe, auto. GT conv, auto. Mach 1, man. SVT Cobra conv Class Average
3 2 2 2 3.6

Base models fairly compliant, GT and Mach 1 firmer but not punishing, though aged suspension on both is poor at absorbing large bumps. Cobra's independent rear suspension aids composure over rough surfaces, but taut springs and low-profile tires still make for a stiff ride.
Steering/Handling/Braking

Base cpe, auto. GT conv, auto. Mach 1, man. SVT Cobra conv Class Average
6 7 8 9 8

Plenty of lateral grip and good steering feel, but Base and GT tend to get skittish in bumpy corners where the Mach 1 and Cobra do a better job of staying on course. Traction control essential to help minimize tire slip in these rear-wheel-drive cars. Brake performance and feel escalate from adequate on base models to impressive on Cobra.
Quietness

Base cpe, auto. GT conv, auto. Mach 1, man. SVT Cobra conv Class Average
3 2 2 2 3.1

Full-throttle acceleration brings lots of V6 engine ruckus and, on V8s, engine and exhaust roar. Convertibles aren't uncomfortably noisy with the roof raised.
Controls

Base cpe, auto. GT conv, auto. Mach 1, man. SVT Cobra conv Class Average
4 4 4 4 6.1

Legible gauges. Controls easy to use but hard to reach. Cobra's shift lever is shaped differently from that in other Mustangs and is difficult to use without stretching. Build quality is nothing special, and hard plastic dominates interior panels.
Room/Comfort/Driver Seating (front)

Base cpe, auto. GT conv, auto. Mach 1, man. SVT Cobra conv Class Average
3 3 3 3 4.9

Good head and leg room. Seats in base and GT are too soft for best comfort or support. Mach 1 seats a good blend of comfort and support. Cobra's buckets are narrow but firm and well-bolstered. Steering wheel mounted too close to driver for best positioning. Long doors a hassle in tight spaces. Rearward visibility limited--especially with the convertible's top up--but no worse than in most rivals.
Room/Comfort (rear)

Base cpe, auto. GT conv, auto. Mach 1, man. SVT Cobra conv Class Average
2 2 2 2 1.2

Inhospitable for adults. Entry/exit requires awkward crouching under low roof, squeezing between front seat and doorjamb.
Cargo Room

Base cpe, auto. GT conv, auto. Mach 1, man. SVT Cobra conv Class Average
2 1 2 2 2.8

Small trunk, and convertible lacks coupe's folding rear seatback.
Value within Class

Base cpe, auto. GT conv, auto. Mach 1, man. SVT Cobra conv Class Average
4 4 4 4 6.2

Mustang outlasted the Chevrolet Camaro and Pontiac Firebird because of its wider appeal. Any Mustang is an impractical car, but easily fulfills its core mission of delivering appropriate performance and looks for a reasonable price.
Total Score

Base cpe, auto. GT conv, auto. Mach 1, man. SVT Cobra conv Class Average
37 36 39 40 47.6
Scores for all Sporty/performance Cars

Low Score
35
Average Score
47
High Score
59
2004 Ford Mustang Prices & Equipment
Model Prices
Prices Updated: 04/26/2004
Trim Name Retail Price Dealer Invoice Destination Charge
Base Standard 2-door coupe $18,150 $16,706 $625
Base Deluxe 2-door coupe $18,880 $17,362 $625
Base Deluxe 2-door convertible $23,885 $21,867 $625
Base Premium 2-door coupe $19,535 $17,951 $625
Base Premium 2-door convertible $26,010 $23,779 $625
GT Deluxe 2-door coupe $23,675 $21,677 $625
GT Deluxe 2-door convertible $28,015 $25,583 $625
GT Premium 2-door coupe $24,845 $22,730 $625
GT Premium 2-door convertible $29,185 $26,637 $625
Mach 1 2-door coupe $29,250 $26,696 $625
SVT Cobra 2-door coupe $34,860 $32,093 $625
SVT Cobra 2-door convertible $39,240 $36,078 $625
Price note: SVT Cobra adds $1000 Gas-Guzzler Tax.
Pricing Key: Retail prices listed with each report are set by the vehicle's manufacturer. These figures appear on each car's federally mandated window sticker. Most price lists also include dealer-invoice prices. Dealer-invoice prices are what the dealer pays the manufacturer for the car and its factory-installed options. The destination charge is not included in the suggested-retail or dealer-invoice price and must be added to the cost of the vehicle. Car companies change prices frequently throughout the year. If the prices published do not match those on the vehicle's window sticker, the manufacturer has probably altered the price recently.
NA = price note available, NC = no charge.
Rebates and Incentives
There are no rebates or incentives at this time.
Consumer Guide®'s Rebates and Incentives represent a summary of national manufacturer programs available. Regional restrictions may apply, and offerings may vary by model. For a complete list of Rebate & Incentive programs click here.
Standard Equipment
Base Standard
Powertrain
3.8-liter V6 engine, 5-speed manual transmission.
Safety
Dual front airbags, 4-wheel disc brakes, emergency inside trunk release.
Comfort and Convenience Features
Air conditioning, power steering, tilt steering wheel, cloth upholstery, front bucket seats, center console, cupholders, split folding rear seat, power mirrors, power windows, power door locks, remote keyless entry, AM/FM/CD player, digital clock, tachometer, variable-intermittent wipers, visor mirrors, rear defogger, remote decklid release.
Appearance and Miscellaneous
Theft-deterrent system, 225/55R16 tires, alloy wheels.
Base Deluxe adds to Base Standard:
Comfort and Convenience Features
Cruise control, 6-way power driver seat, illuminated visor mirrors (convertible), power convertible top (convertible), floormats, rear spoiler (coupe).
Appearance and Miscellaneous
Deletes: split folding rear seat (convertible).
Bright alloy wheels (convertible).
Base Premium adds to Base Deluxe:
Powertrain
4-speed automatic transmission (convertible), traction control.
Comfort and Convenience Features
Leather-wrapped steering wheel, leather upholstery (convertible), Mach 460 AM/FM radio w/in-dash 6-disc CD changer.
Appearance and Miscellaneous
Rear spoiler, bright alloy wheels.
GT Deluxe adds to Base Premium:
Powertrain
4.6-liter V8 engine, limited-slip differential.
Comfort and Convenience Features
AM/FM/CD player.
Appearance and Miscellaneous
Deletes: 4-speed automatic transmission (convertible), leather upholstery (convertible).
Fog lights, GT suspension, 245/45ZR17 tires.
GT Premium adds to GT Deluxe:
Comfort and Convenience Features
Leather upholstery, Mach 460 AM/FM radio w/in-dash 6-disc CD changer.
Mach 1 adds to GT Premium:
Powertrain
4.6-liter dohc V8 engine.
Safety
Antilock 4-wheel disc brakes.
Comfort and Convenience Features
Comfort-weave styled-leather upholstery.
Appearance and Miscellaneous
Functional hood scoop, unique exterior trim, Mach 1 suspension.
Cobra adds to GT Premium:
Powertrain
4.6-liter dohc V8 supercharged engine, 6-speed manual transmission.
Safety
Antilock 4-wheel disc brakes.
Comfort and Convenience Features
Leather/suede upholstery, driver-seat power lumbar support.
Appearance and Miscellaneous
Cobra suspension, 275/40ZR17 tires.
Optional Equipment
Major Packages
Retail Price
Invoice Price
40th Anniversary Pkg.
Base Premium, GT Premium
$895
$797
Interior Upgrade Pkg. plus folding mirrors, unique interior and exterior trim, badging, special alloy wheels. Deletes rear spoiler.
Sport Appearance Group
Base Deluxe coupe
$175
$156
Leather-wrapped steering wheel, bright alloy wheels.
Pony Pkg.
Base Deluxe, Base Premium
$645
$574
Leather-wrapped steering wheel, GT-style hood, unique rear fascia, polished alloy wheels.
Interior Upgrade Pkg.
Base Deluxe, Base Premium, GT Deluxe, GT Premium, Mach 1
$345
$307
Stainless-steel pedals, leather-wrapped shift knob, aluminum-finish door-lock posts and shift boot ring, 4-way head-restraint system. NA Base Standard, Cobra.
Mystichrome Pkg.
Cobra
$3,650
$3,249
Mystichrome paint, unique interior trim, chrome alloy wheels.
Powertrain
4-speed automatic transmission
Base Deluxe, Base Premium, Base Standard, GT Deluxe, GT Premium, Mach 1
$815
$725
Std. Base Premium convertible. NA Cobra.
Safety
Antilock brakes
Base Deluxe, Base Premium, Base Standard, GT Deluxe, GT Premium
$730
$650
Includes traction control. Base Deluxe coupe requires 4-speed automatic transmission. Std. Mach 1, Cobra.
Comfort and Convenience Features
Leather upholstery
Base Deluxe convertible, Base Premium coupe, GT Deluxe
$595
$530
Mach 460 AM/FM radio w/in-dash 6-disc CD changer
Base Deluxe, GT Deluxe
$550
$490
Mach 1000 sound system
Base Premium, GT Premium
$1,295
$1,153
AM/FM/CD/MP3 player
Base Standard, Base Deluxe, GT Deluxe
$0
$0
Appearance and Miscellaneous
Spoiler delete
Cobra
$0
$0
Convertible top boot
convertible
$95
$85
Std. Cobra.
Bright alloy wheels
GT Premium
$395
$352
Chrome alloy wheels
Cobra
$695
$619
2004 Ford Mustang Specs & Safety
Vehicle Dimensions
Specification Ford Mustang 2-door coupe Ford Mustang 2-door convertible
Wheelbase, in. 101.3 101.3
Overall Length, in. 183.2 183.2
Overall Width, in. 73.1 73.1
Overall Height, in. 53.1 53.2
Curb Weight, lbs. 3290 --
Cargo Volume, cu. ft. 10.9 7.7
Standard Payload, lbs. -- --
Fuel Capacity, gals. 15.7 15.7
Seating Capacity 4 4
Front Head Room, in. 38.1 38.0
Max. Front Leg Room, in. 42.6 42.6
Rear Head Room, in. 35.5 35.8
Max. Rear Leg Room, in. 29.9 29.9
Specifications Key: NA = not available; "--" = measurement does not exist.
Engines
  ohv V6 sohc V8 dohc V8 Supercharged dohc V8
Size, liters/cu. in. 3.8 /232 4.6 /281 4.6 /281 4.6 /281
Horsepower @ rpm. 193 @ 5500 260 @ 5250 310 @ 6000 390 @ 6000
Torque (lb-ft) @ rpm. 225 @ 2800 302 @ 4000 335 @ 4200 390 @ 3500
Availability Standard Standard Standard Standard
EPA City / highway mpg
       
5-speed manual 20/29 17/25 17/26 --/--
6-speed manual --/-- --/-- --/-- 17/24
4-speed automatic 19/27 18/23 17/23 --/--
Engine Key: l/cu in. = liters/cubic inches; ohv = overhead valve; ohc = overhead camshaft; dohc = dual overhead camshaft; I = inline cylinders; H = horizonally opposed cylinders; V = cylinders in a V configuration; W = cylinders in a W configuration; rpm = revolutions per minute; CVT = continuously variable (automatic) transmission; NA = not available; "--" = measurement does not exist.
Safety Features
Antilock Brakes
Traction Control
Antiskid System
Front Side Airbags
Curtain Side Airbags
Rear Side Airbags
NHTSA Crash-Test Results
Test Ford Mustang 2-door coupe Ford Mustang 2-door convertible
Front Impact, Driver 5 NA
Front Impact, Passenger 5 NA
Rollover Resistance 5 NA
Side Impact, Driver 3 2
Side Impact, Rear Passenger 3 3
The National Highway Traffic Safety Administration (NHTSA) tests a vehicle's worthiness in front- and side-impact collisions and rates its resistance to rollovers. Front-impact crash-test numbers indicate the chance of serious injury: 5 = 10% or less; 4 = 10-20%; 3 = 20-35%; 2 = 35-45%; 1 = More than 45%. Side-impact crash-test numbers indicate: 5 = 5% or less; 4 = 6-10%; 3 = 11-20%; 2 = 21-25%; 1 = More than 26%. Rollover resistance numbers indicate the chance for rollover when the vehicle leaves the roadway: 5 = Less than 10%; 4 = 10-20%; 3 = 20-30%; 2 = 30-40%; 1 = More than 40%.
Manufacturer's Warranty
Class Years/Miles Comments
Powertrain 5/100,000 Focus only.
Bumper-to-bumper 3/36,000 --
Corrosion 5/unlimited --
Free roadside assistance 3/36,000 --
Free scheduled maintenance None/-- --
Manufacturers may periodically offer additional coverage as a purchase incentive. There offers are not reflected on this chart. The federal government requires two other warranties. The Exhaust Emission Warranty covers corrosion-related parts for 2 years/24,000 miles, plus 8 years/80,000 miles on the catalytic converter and any on-board diagnostic device. The Passenger Restraint Warranty covers seat belts and airbags for 5 years/50,000 miles.
Built in: USA
Drivewheels: rear-wheel drive
Also in the 2004 Ford Mustang Review:
5. 
Ford Mustang Photos

6. 
Ford Mustang Full Review

7. 
All Ford Mustangs

8. 
All Fords


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