2005-2008 Ford Mustang: Full Review

Updated: 11/23/08

2005 Ford Mustang
2008 Ford Mustang
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2005-2008 Ford Mustang 

  • Price Range:  $10,400 - $44,700
CG Rating

50

out of 100

About our Road Test

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Learn about the year-to-year changes and reliability for the 2005-2008 Ford Mustang and our price chart details a range of prices based on vehicle mileage and condition.

Pros

  • Acceleration
  • Handling/roadholding (GT)

Cons

  • Interior materials
  • Rear-seat room
  • Automatic-transmission performance (V6)
  • Rear-seat entry/exit

Vehicle Highlights

Ford's Mustang was redesigned for 2005, getting more power, new features, and styling inspired by its 1960s ancestors. Coupe and convertible models were offered. They gained some 6 inches in wheelbase and overall length vs. the 1999-2004 generation. Weights rose about 100 lb on coupes and 275 lb on convertibles. A new underbody structure replaced one that dated from 1979, but the'05 Mustang retained a solid rear axle rather than adopting independent rear suspension. Both body styles came in base V6 and GT V8 versions, and in Deluxe and Premium trim. The V6 was a 210-hp 4.0-liter in place of the previous 193-hp 3.8. GTs reprised a 4.6-liter V8, but with 300 hp vs. 260. A 5-speed manual remained the standard transmission. The optional automatic had five speeds vs. the previous four. All '05 Mustangs had 4-wheel disc brakes. ABS and traction control were standard on GTs and optional on base models. No antiskid system was available. Base versions had 16-inch wheels and GTs had 17s. Among options new to Mustang were front side airbags that covered torso and head, and an Interior Upgrade Package that included instrument lighting with 125 color choices. All Mustangs came with air conditioning and a CD player. Coupes had 50/50 split folding rear seatbacks. Convertibles included a power fabric top with heated glass rear window. Leather upholstery was standard on GT Premiums and available for other models. GTs included grille-mounted fog lamps and a rear spoiler.

Expert Ratings Summary (view detailed report)

Category Ford Mustang GT Rating
Performance 8
Fuel Economy 4
Ride Quality 4
Steering/Handling/Braking 8
Quietness 4
Controls/Materials 4
Interior Room 6
Room/Comfort (rear) 2
Cargo Capacity 2
Value within Class 8
Total Score: 50
Learn about the year-to-year changes of the 2005-2008 Ford Mustang. Get full details of the styling and performance changes throughout the history of the 2005-2008 Ford Mustang.

Year to Year Changes


2006 Ford Mustang: For 2006, base Premium Mustangs got an optional Pony Package that included GT-style grille-mounted fog lamps, 17-inch wheels, and a rear spoiler. Base models also added a Standard trim level that came with wheel covers instead of the Deluxe's alloy wheels.
2007 Ford Mustang: High-performance Shelby GT and Shelby GT500 variants joined base and GT models in the Mustang stable for 2007. New for '07 was a California Special Package for GT Premiums that includes unique trim and 18-inch wheels. Heated front seats were newly available options on base and GT models. A digital audio jack was also newly standard.
2008 Ford Mustang: The 2008 Ford Mustang Bullitt was a new Mustang model that paid homage to the classic Steve McQueen film of the same name. The Bullitt had a 315-hp 4.6-liter V8 and 5-speed manual transmission. Also new was the 2008 Shelby GT500KR. It entered the Mustang stable as Ford's most powerful pony car ever. It was a limited-edition coupe only available through select Ford dealers. It packed a 540-hp 5.4-liter supercharged V8 engine paired with a 6-speed manual transmission. The rest of the 2008 Ford Mustang lineup continued with few changes.

Our road test for the 2005-2008 Ford Mustang includes a full evaluation from the inside out. We've evaluated every aspect of the 2005-2008 Ford Mustang and highlighted the vehicle's performance with pros and cons. Use our comprehensive road test ratings to decide if this generation 2005-2008 Ford Mustang is right for you.

Consumer Guide® Road-Test Evaluation

The base Mustang's V6 furnishes brisk takeoffs--a test automatic-transmission coupe did 6.9 sec 0-60 mph--but suffers sluggish throttle response that dulls midrange pickup. And Mustang's automatic lacks a manual shift gate. GTs are fast--Ford claimed around 5.2 sec 0-60 with either transmission--but V8 needs at least 3000 rpm for true muscle feel and responds most satisfyingly with manual transmission. Convertibles weigh some 175 lb more than comparable coupes, so are a bit slower. Test automatic-transmission base coupes averaged 19.3-20.4 mpg, a base convertible 19.1 mpg. Test manual-transmission GT coupes averaged 14.6-16.3 mpg, GT convertibles 16.2-17.4 mpg. A test automatic GT coupe averaged 14.9 mpg. With either the V6 or V8, Ford recommends regular-grade fuel. All Mustangs absorb small bumps with little shock, but can transmit sharp pavement breaks. Base models prone to slight float over large moguls. GTs ride a bit firmer than base models. The convertibles' impressively solid structure exhibits little quake or cowl shake. Base Mustangs have good cornering moves, but some testers fault slower steering, more body lean than a sporty car should have. Sure-footed GTs have nicely weighted steering, impressive dry-road grip, and modest lean. All have fine stopping power. Inside, the main gauges are set in tunnellike housings surrounded by shiny trim, making them hard to read by day. Manual shifting can be awkward with the console cupholders in use. Mustang's cabin has eye appeal, but too much hard plastic even for this price level; the console lid and door inserts are among the few padded surfaces. Mustang's switchgear feels cut-rate, and intermittent dashboard squeaks plagued two test coupes. Convertible-top roof latches are balky to operate and require a fair amount of muscle to lock in place. Wind rush is reasonably muffled, even in convertibles, but there's marked coarse-surface tire thrum and fairly loud engines. The V6 growls and booms unpleasantly as revs rise. The V8 has a throaty muscle car tone. There is good head and leg room up front, but the low seats, tall dashtop, and high windowsills create a cozy feel. Driver comfort is enhanced by the standard tilt steering wheel, height-adjustable seat, and nicely contoured backrest. But some testers' knees made unwanted contact with the hard door panel and center console. Shoulder belts don't adjust for height, and run at neck level on some occupants. Overall visibility is good in coupes, but the convertible's top has a wide over-the-shoulder blind spot. The long doors complicate tight-quarters entry/exit. Rear seat space is inhospitable for adults; there's little room, and entry/exit requires back-straining moves. Both Mustang body styles have good trunk space for the class, but not much by absolute standards. Trunklids open wide on nonintruding hinges, but the aperture's size and shape preclude bulky items. An available subwoofer consumes an unacceptable amount of trunk space. Cabin storage is sparse; the door map pockets are almost useless.
Value for the Money
We prefer the GT versions, but any Mustang has all-American bang-for-the-buck appeal. The main letdowns are low-rent cabin appointments and occasional workmanship lapses. V6 versions are close to many sporty imports on price, but not in agility, refinement, or overall quality. GTs deliver usable high performance at relative bargain prices. And no other brand matches Mustang's convertibles for their blend of price, performance, and nominal 4-passenger capacity.

Expert Ratings Summary

Category Ford Mustang GT Rating
Performance 8
Fuel Economy 4
Ride Quality 4
Steering/Handling/Braking 8
Quietness 4
Controls/Materials 4
Interior Room 6
Room/Comfort (rear) 2
Cargo Capacity 2
Value within Class 8
Total Score: 50

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.
Our reliability study for this generation Ford Mustang includes details on average repair costs, manufacturer recalls, and everything you need to know to gauge the long-term reliability of this generation Ford Mustang .

Trouble Spots

Consumer Guide's® Auto Editors have scoured repair bulletins and questioned mechanics to search for commonly occurring problems for a particular vehicle. In some cases we also give possible manufacturer-suggested solutions. In many instances these trouble spots are Technical Service Bulletins posted by the manufacturer, however, we have our own expert looking at additional vehicle problems.

Check-engine light: The throttle position sensor on the 4.6L V8 may go bad, causing the check engine light to come on. (2004-05)

Fuel pump: While refueling, the nozzle may click off repeatedly or the tank may be slow to fill on some early-build cars, and is corrected with a revised fuel tank. (2005)

Suspension noise: Noise from the rear suspension in cold weather (below 15 degrees F) requires revised shock absorbers. (2005-06)

Transmission problems: The limited slip differential may chatter on slow turns, for which there are improved clutch packs. (2004)

Vehicle noise: Whining or humming from the rear when accelerating, decelerating, or cruising with either the 7.5-inch or 8.8-inch ring gear is corrected with a service kit containing new bearings, gear set, etc. (2005-06)

Consumer Guide® Estimated Repair Costs

This table lists costs of likely repairs for comparison with other vehicles. The dollar amount includes the cost of the part(s) and labor (based on $50 per hour) for the typical repair without extras or add-ons. Like the pricing information, replacement costs can vary widely depending on region. Expect charges at a new-car dealership to be slightly higher.
Item Name Repair Cost
A/C Compressor $1,400
Alternator $610
Automatic Transmission or Transaxle $4,120
Brakes $420
Clutch, Pressure Plate, Bearing $1,670
Constant Velocity Joints $1,120
Exhaust System $910
Radiator $720
Shocks and/or Struts $5,400
Timing Chain or Belt $1,095
Our price chart for this generation Ford Mustang details a range of prices in year-by-year listings based on vehicle mileage and condition.
Prices Good Average Poor
2008
Mustang GT conv. $24,800-26,500 $23,100-24,600 $16,400-17,500
Mustang GT coupe $22,500-24,000 $20,700-22,100 $14,600-15,600
Mustang conv. $18,500-20,500 $17,000-18,900 $11,800-13,100
Mustang coupe $16,500-18,000 $15,000-16,400 $10,600-11,500
Shelby GT500 conv. $45,000-47,500 $42,300-44,700 $32,900-34,700
Shelby GT500 coupe $41,000-43,500 $38,100-40,500 $29,900-31,800
2007
Mustang GT conv. $22,800-24,300 $21,000-22,400 $14,800-15,800
Mustang GT coupe $20,500-22,000 $18,900-20,200 $13,300-14,300
Mustang conv. $16,300-17,800 $14,800-16,200 $10,400-11,400
Mustang coupe $14,700-15,700 $13,400-14,300 $9,100-9,700
Shelby GT500 conv. $40,500-42,500 $37,700-39,500 $29,200-30,600
Shelby GT500 coupe $37,500-39,500 $34,900-36,700 $26,600-28,000
2006
Mustang GT conv. $20,700-22,200 $19,000-20,400 $13,500-14,400
Mustang GT coupe $18,700-20,200 $17,200-18,600 $12,200-13,100
Mustang conv. $14,600-15,800 $13,300-14,400 $9,100-9,800
Mustang coupe $13,000-14,000 $11,800-12,700 $7,500-8,100
2005
Mustang GT conv. $18,300-19,700 $16,800-18,100 $11,700-12,600
Mustang GT coupe $16,500-17,800 $15,000-16,200 $10,600-11,400
Mustang conv. $13,000-14,000 $11,800-12,700 $7,500-8,100
Mustang coupe $11,500-12,500 $10,400-11,300 $6,300-6,900
This chart details a range of prices in year-by-year listings for vehicles in three condition levels:
Good: a clean low-mileage, solid-running vehicle that needs little or no repair.
Average: a car with normal miles on the odometer, perhaps a few scrapes or dings; engine might need a minor repair or two, but runs acceptably well.
Poor: might have potentially dangerous problems with the engine and/or body, or abnormally high mileage; definitely in need of mechanical attention. Valuations reflect wholesale prices paid by dealers at auction, and retail prices on used-car lots. Each range covers all trim levels and engine types for a vehicle with a typical amount of equipment--usually an automatic transmission, air conditioning, stereo, etc. Fully loaded vehicles may cost more. Average mileage is 12,000 miles per year. Keep in mind that these are guidelines only. Actual selling prices vary- especially from region to region.
Specs for this generation Ford Mustang include everything from fuel mileage to seating capacity to options availability.

Vehicle Dimensions

Specification 2-door convertible 2-door coupe
Wheelbase, in. 107.1 107.1
Overall Length, in. 187.6 187.6
Overall Width, in. 73.9 73.9
Overall Height, in. 55.7 54.5
Curb Weight, lbs. 3476 3300
Cargo Volume, cu. ft. 9.7 13.0
Standard Payload, lbs. -- --
Fuel Capacity, gals. 16.0 16.0
Seating Capacity 4 4
Front Head Room, in. 38.8 38.6
Max. Front Leg Room, in. 42.7 42.7
Rear Head Room, in. 36.3 35.0
Max. Rear Leg Room, in. 30.3 31.0

Specifications Key: NA = not available; "--" = measurement does not exist.


Powertrain Options and Availability

Two engines were available in 2005-06 Mustangs: a 4.0-liter V6 that was rated at 210 HP, and a 4.6-liter V8 that was rated at 300 HP. Both were available with a 5-speed manual- or a 5-speed automatic transmission. The new-for-2008 Bullitt model had a 315-hp 4.6-liter V8 and 5-speed manual transmission. Another new-for-2008 model, the Shelby GT500KR was available with a 540-hp 5.4-liter supercharged V8 engine paired with a 6-speed manual transmission.
Engines Size liters /
cu. in
Horse- power Torque Transmission:
EPA city/hgwy
Consumer Guide Observed
ohc V6 4.0 / 245 210 240 5-speed manual: 19/28
5-speed automatic: 19/25
5-speed manual: --
5-speed automatic: 19.9
ohc V8 4.6 / 281 300-315 320-325 5-speed manual: 15/23
5-speed automatic: 18/23
5-speed manual: 15.2
5-speed automatic: 14.9
Supercharged dohc V8 5.4 / 330 500 480 6-speed manual: 14/20 6-speed manual: --

Specifications Key: NA = not available; "--" = measurement does not exist.

Built In:  USA
Drive Wheels: longitudinal front-engine/rear-wheel drive
Detailed safety information for this generation Ford Mustang include detailed crash test scores from the NHTSA.

NHTSA Crash-Test Results

Test 2005 Mustang
Front Impact, Driver 5
Front Impact, Passenger 5

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%. Sideimpact 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%.

Learn about official auto recalls, reliability issues, and vehicle problems for the 2005-2008 Ford Mustang directly from the NHTSA and manufacturers.

NHTSA Recall History

2005-2008: According to Federal crash regulations, an unbelted small female sitting in the passenger seat in the full-forward position has an increased risk of neck injury if not wearing a seatbelt during airbag deployment. Dealers will reprogram the restraint control module.
2007 Parnelli Jones Saleen Mustang with a Watt's link rear suspension: The suspension can fail during extreme usage, causing vehicle instability. Saleen will supply new, upgraded parts, including complete installation instructions and technical support. Saleen will cover all labor costs. Authorized Ford dealers will complete the upgrade.

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