I bought my car when it had 38k on it. Have not had any major mechanical issues and I just passed 80k. Have taken the car on a few road trips. It handles well, gets good gas mileage and the sound system is awesome. Am starting to experience a bit of loss in power, sounds like I may have a small exhaust issue towards the front of the vehicle, sometimes now when I shift the brake light comes on momentarily and if I rev the RPM's too high the battery light flashes. But all in all it is a great vehicle.
Mach sound system, cornering ability, power driver seat, pull out lights on the dash, good trunk space, all in all the front is comfy to sit in for long trips.
Definitely has some hydroplane issues in the rain, cupholder is in a bad place when shifting, trunk needs larger opening so a normal size cooler, etc. can go through it.
This car has been great to own. It gets great economy (25+ highway) which isn't why I bought it! Performance car with easy to add options (B&M shifter, programmable computer). The performance is there if you dare to drive it like it is meant to be driven. I have had no maintenance problems. And the car just looks great. It is a classic (outlasted the Camaro and Firebird) and the new '05 looks better.
V8 and stick shift.
Bring back the fastback. The rear seat is really useless for all but short rides.
I purchased this car in 2000 brand new. It had only 2.5 mi. on it when I test drove it. I have had other Mustangs in the past and this one is much better driving in inclement weather than the rest. I also believe it is the best built of all the past Mustangs. Throttle response in this one even today after 50,000 miles is incredible. Transmission is still a sure hook and the car has never let me down when it comes time to start it. I have even driven it in eight inches of snow and it got me home driving eleven miles. No problems with this car at all.
I like the cruise control and the five speed shifter. The exhaust sound just screams MUSTANG! For a sport car the ride is very surprising and quiet, until you crank up the impressive stock Mach stereo system.
More horsepower and acceleration in stock form, and bigger wheels and tires from the factory. The window in mine hasn't died yet but, it is already tired. How about a more masculine horn? How about mandatory hood scoops that make a statement as stock form? How about a six speed in GT?