Bought my 2002 Ford Mustang Coupe (232 Cu. In. V6, Auto/OD, Premium Edition) in August 2002. Vehicle has performed very well driving back and forth from Pittsburgh, PA, to Secaucus, NJ every other weekend, about 400 miles one way. The Mustang cruises effortlessly at highway speeds. Tranny is properly geared for city commutes, allowing the engine's torque peak to be used readily (torque peaks at just 2,750 RPM). Gas mileage ranges from 22 MPG in stop-and-go driving to 31 MPG on long, flat highway drives at 65 MPH. Sound system is good; AC handles summer heat. Still uses NO oil between changes! Goes WELL in snow, including recent trip through WV mountains during snowstorm! Still original battery.
Engine is a good balance of power and economy, auto tranny lets you navigate city rush-hour traffic in a sprightly manner without burning up a clutch, runs very well on the highway. Easy to get at the oil filter. Handles well, solid, predictable in curves, quick but not squirrelly. Good brakes.
Wish it had larger outside mirrors. Console wastes a lot of space, needs better design. Auto tranny already has an "Overdrive ON/OFF" switch, and is just a switch or two away from being a manu-matic; why didn't Ford do it? It is a great tranny burdened with a mediocre shifter.