Used 1998 Ford Mustang Convertible

1998 Ford Mustang
List price range
1998 Ford Mustang


  • Looks great, handles well, very comfortable for a sports car.


  • Too bad the Mustang gets its butt whipped by the GM pony cars.

Used 1998 Ford Mustang Convertible for Sale

Sorry! There aren't any 1998 Ford Mustang for sale near you.

Get more for your trade-in

Edmunds shoppers get on average $235 more for their trade-in.

Receive offers from our dealer partners fast.

See your car's value

Edmunds' Expert Review

vehicle overview

The Ford Mustang has been around for 34 years. After receiving a dramatic redesign in 1994, and the 4.6-liter modular V8 in 1996, the Mustang design team has been quietly preparing for a freshening in 1999 and a total redesign in 2002. Changes to this year's model are limited to additions to the standard equipment list, thus making the Mustang a better value for 1998. That's OK, Ford's pony car has been outselling the competition from GM by nearly a 2-1 margin since its redesign.

We think that it's a good idea for Ford to take a year off from messing with things on their little hot-rod. With all of the other changes taking place with the rest of their models, some of which haven't been well received, it seems like a good idea to follow the "if it ain't broke, don't fix it" rule. Of course, there are some things that we would like to see happen with the Mustang. First, it would be nice if the Base and GT models gained a few horsepower to make it more competitive with the GM pony cars. Second, we would like to see traction control made available on the GTs and Cobras. Sure, they have Traction-Lok or limited-slip axles, but it is pretty darn easy to get the back end of the car pointed in the wrong direction. We think that a brake/engine speed traction control system would make this car much friendlier in wet weather conditions.

Speaking of friendly, we love the Mustang's interior, and think that it is the main reason that the Stang sells more models than Camaro and Firebird combined. The seats sit fairly high, giving drivers an outstanding view of the road; the dashboard has a nice two-toned, double bubble layout that is nicely textured; the gauges and controls are easy to view and manipulate; and the front bucket seats offer great lateral support. We won't dwell too much on the back seat, because no one in their right mind buys a sports car for rear seat room.

As you have undoubtedly read, the Mustang is a very driver friendly car, very easy to navigate around town and pretty forgiving on the freeways. We like its lively tail, but it can be disconcerting when traveling on twisty two-laners. If you are looking for a car to go canyon storming in, you may be more satisfied in a Chevy Camaro. In the final analysis, though, the Mustang has the goods that most people want. A nice interior, supportive seats, aggressive styling and decent performance at a competitive price. It has long been Ford's recipe for success to provide cars that appeal to a wide range of people, and anyone looking for a fast, fun daily driver should take a look at the Mustang.

1998 Highlights

The 1998 Ford Mustang gains standard equipment, such as power windows and door locks, air conditioning, and premium sound. Options are shuffled as well, making it easier to choose the car you want. GT models get a slight boost in power.

Consumer reviews

Read what other owners think about the 1998 Ford Mustang.

Overall Consumer Rating

Most helpful consumer reviews

Mustang 98 Conv
Great car...had mine for 6 years, bought it when it had a little over 100k needless to say i added another 150 k on it. Engine is extremely reliable as long as you maintain regular oil changes. Only bad side of this car is weather!!! be very careful in the rain and snow, do not drive over 30 miles an hour in the rain and park it when it snows.
old man's dream machine
I'm 63 yrs young and I've had a lot of different cars in my life. My last car got totaled so I went looking for a muscle car. I'm tired of 4s and 6s. I loked around for about 2 months. I found my perfect car, a 1998 mustang gt convertible. I've had it for about 9 months, and had a blast in it. It had 120,000 miles on it, and I haven't had a bit of trouble with it. All my old friends ask me about gas mileage, I tell them I could care less. I give them a ride in it with the top down and they want to buy one. Of course they have to glue their tupee's on a little better. I have trouble judging distances on parking so this is a great fit for me. I will have no other car than a mustang!!
Project Car.
I purchased a 1998 GT as a project car to keep and tinker with. Needless to say this will be a good challenge for me. There a few things to repair and customize. Above all the engine is rumbling like a champ. LOVE! the engine and exhaust sound. Black and tan interior match very well and replacement parts are fair in price. I plan on doing some upgrades to the engines. Even as a used car, a GT 4.6L has a lot of power and will give incredible speeds. Parents beware, you should not buy your teenager such a powerful car. Buy they aa base mustang V6/V4.
My wife loves it!
Realtor 67,11/23/2004
I bought the laser red GT Convertible new in 1998 for my wife's 49th birthday Its just had its 30K dealer service and only 3 minor items showed up. The rear brake pads and the original battery are nearing replacement, and there is slight oil seepage at the steering rack (not enough to even spot my garage floor though). Other than replacing the original tires at 22K miles and normal maintenance, I have spent $0 on repairs. It's been trouble free and burns no oil between 3K mile changes. It has all factory options except the engine block heater and they all still work fine too. I gave the interior a 7 only because legroom is a bit cramped for tall drivers and the seat belt frays.
Write a consumer review of your vehicle for a chance to WIN $100!

Features & Specs

18 city / 27 hwy
Seats 0
5-speed manual
150 hp @ 4000 rpm
15 city / 23 hwy
Seats 0
5-speed manual
225 hp @ 4750 rpm
See all Used 1998 Ford Mustang Convertible features & specs


NHTSA Overall Rating

The National Highway Transportation Safety Administration offers independent analysis.
  • Frontal Barrier Crash Rating
    OverallNot Rated
    Driver5 / 5
    Passenger4 / 5
  • Side Crash Rating
    OverallNot Rated
  • Side Barrier Rating
    OverallNot Rated
    Driver3 / 5
    Passenger3 / 5
  • Combined Side Barrier & Pole Ratings
    Front SeatNot Rated
    Back SeatNot Rated
  • Rollover
    RolloverNot Rated
    Dynamic Test ResultNo Tip
    Risk Of RolloverNot Rated
IIHS Rating
The Insurance Institute of Highway Safety uses extensive crash tests to determine car safety.
  • Side Impact Test
    Not Tested
  • Roof Strength Test
    Not Tested
  • Rear Crash Protection / Head Restraint
    Not Tested
  • IIHS Small Overlap Front Test
    Not Tested
  • Moderate Overlap Front Test

More about the 1998 Ford Mustang
Used 1998 Ford Mustang Convertible Overview

The Used 1998 Ford Mustang Convertible is offered in the following styles: 2dr Convertible, and GT 2dr Convertible.

What's a good price on a Used 1998 Ford Mustang Convertible?

Shop with Edmunds for perks and special offers on used cars, trucks, and SUVs near Ashburn, VA. Doing so could save you hundreds or thousands of dollars. Edmunds also provides consumer-driven dealership sales and service reviews to help you make informed decisions about what cars to buy and where to buy them.

Which used 1998 Ford Mustang Convertibles are available in my area?

Used 1998 Ford Mustang Convertible Listings and Inventory

Simply research the type of used car you're interested in and then select a prew-owned vehicle from our massive database to find cheap used cars for sale near you. Once you have identified a used or CPO vehicle you're interested in, check the Carfax and Autocheck vehicle history reports, read dealer reviews, and find out what other owners paid for the Used 1998 Ford Mustang Convertible.

Shop Edmunds' car, SUV, and truck listings of over 6 million vehicles to find a cheap used, or certified pre-owned (CPO) 1998 Ford Mustang Convertible for sale near you.

Can't find a used 1998 Ford Mustang Mustang Convertible you want in your area? Consider a broader search.

Find a used Ford Mustang for sale - 6 great deals out of 20 listings starting at $10,561.

Find a used Ford for sale - 8 great deals out of 16 listings starting at $19,512.

Find a used certified pre-owned Ford Mustang for sale - 8 great deals out of 22 listings starting at $17,252.

Find a used certified pre-owned Ford for sale - 7 great deals out of 12 listings starting at $22,081.

Compare prices on the Used Ford Mustang for sale in Ashburn, VA to other major cities

Should I lease or buy a 1998 Ford Mustang?

Is it better to lease or buy a car? Ask most people and they'll probably tell you that car buying is the way to go. And from a financial perspective, it's true, provided you're willing to make higher monthly payments, pay off the loan in full and keep the car for a few years. Leasing, on the other hand, can be a less expensive option on a month-to-month basis. It's also good if you're someone who likes to drive a new car every three years or so.

Check out Ford lease specials
Check out Ford Mustang lease specials