Used 2002 Ford Mustang

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2002 Ford Mustang
List price range
2002 Ford Mustang

Pros

  • Strong V8 power with GT, fun to drive, appealing all-American style, good crash-test scores, ragtop option.

Cons

  • Solid rear axle, excessive gingerbread detailing on GT, poor stereo ergonomics, flaccid seats.

Used 2002 Ford Mustang for Sale

Ford Mustang 2002 GT Deluxe 2dr Coupe (4.6L 8cyl 5M)
133,871 miles
Used 2002
Ford Mustang
GT Deluxe
List$5,995
Est.Loan: $123/mo
Fair Deal!Fair Deal!
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Edmunds' Expert Review

Despite a performance disadvantage, Ford's Mustang will outlive the Chevy Camaro and Pontiac Firebird, which are being euthanized at the end of the year. Even though it's not perfect, the 2002 Ford Mustang embodies raw American style and power, is fun to drive and easily tossed about, and doesn't break the bank in terms of cost of ownership.

vehicle overview

Rapidly approaching the big 4-0, Ford's perennially popular Mustang is advancing upon middle age. But if it's going through a mid-life crisis, nobody is noticing. The Mustang is as hot as ever. Ford's sport coupe has outsold GM's Chevrolet Camaro and Pontiac Firebird for years. This is in spite of the fact that the Mustang has suffered a performance disadvantage since its 1994 redesign.

There are four Mustangs from which to choose: the V6 Coupe, the V6 Convertible, the GT Coupe and the GT Convertible. All models can be ordered in either Deluxe or Premium trim. There is also a standard trim available on V6 coupes only. A 3.8-liter pushrod engine that makes 190 horsepower at 5,250 rpm and 220 pound-feet of torque at 2,750 rpm powers the V6 model. Acceleration is acceptable, especially with the standard five-speed manual transmission, though V6 Coupes definitely have a rental-car stigma attached to them.

The GT Coupe and Convertible are more in tune with what pony cars should be. Equipped with a 4.6-liter overhead-cam V8, GT output is listed at 260 horsepower at 5,250 rpm and 302 lb-ft of torque at 4,000 rpm. That's good for a 0-to-60 blast of less than 6 seconds, and plenty of twist for tail-out slides around nearly any corner.

Standard V6 coupes include features like air conditioning, a dual-media stereo with cassette and CD players, alloy wheels, power windows and door locks, rear defroster and an anti-theft system. Add Deluxe trim, and you get a rear spoiler, floor mats, power driver seat and cruise control (Deluxe convertibles also come with an automatic transmission). Options on Deluxe models include a Mach 460 sound system, ABS with traction control (when the automatic transmission is selected) and a special Sport Appearance Group. Premium models include those items and buy access to the Mach 1000 audio system and leather upholstery.

Deluxe GT adds the V8 engine, a traction-lock rear axle, dual exhaust, upgraded suspension, 17-inch wheels shod with performance tires, foglights and cloth sport bucket seats. Leather and a Mach 460 audio system are optional. Step up to a Premium GT, and you'll enjoy those two options as standard, plus a unique set of rims. You'll also be able to select the Mach 1000 audio package. Simple enough, eh?

Mustangs offer drivers and passengers comfortable front chairs that lack any semblance of side bolstering, well-placed controls with the exception of teensy stereo buttons, clear views out the front and side windows and acceptable interior materials presented in a retro dual-cowl design cabin. Though technically a four-seater, Mustang's rear seat passengers, especially those riding in the convertible, had better be short.

One reason the Mustang has enjoyed continued success is its relaxed, easy-going and tossable nature on the road. Predictable during hard cornering, and exhibiting progressive side-to-side weight transfers, Mustang exhibits commendable stability during high-speed driving. The braking and steering have also impressed us during test drives. Rough pavement can make the ride uncomfortable, however, as the rear suspension still uses a solid rear axle. And watch out for lumpy road surfaces in turns, because the Mustang will easily side-step if the live rear axle gets jostled about.

Another Mustang advantage is safety. It offers drivers and front-seat passengers a high level of crash protection as rated by the National Highway Traffic Safety Administration. All-speed traction control and antilock brakes are also standard on most trim levels. Ford thoughtfully provides a traction-control defeat switch for those people who like roasting the rear tires on a regular basis.

Mustang is one of the most recognizable nameplates on the road. In fact, the term "pony car" was coined because of this sporty Ford's name. And since the Chevrolet Camaro and Pontiac Firebird are scheduled for termination later this year, the Mustang will once again become the only traditional rear-drive pony car on the market. That seems fitting.

2002 Highlights

Lower-line V6 models get standard 16-inch alloy wheels and a new hood while losing the fake side scoops. Premium models can be equipped with a Mach 1000 audio system. Both this system and the Mach 460 get speed-sensitive volume. Later this year, an MP3 player will be available. Performance Red paint is replaced with Torch Red.

Consumer reviews

Read what other owners think about the 2002 Ford Mustang.

Overall Consumer Rating

Most helpful consumer reviews

Beastly, Rock Solid, and Efficient
blackmetalwolf,06/03/2013
I've had experience driving all sorts of vehicles, and I can say without a doubt that my 2002 Ford Mustang GT is among the best of the best in almost all categories. For starters, it's a Mustang, an American icon. Now take that image, add 260 stock horsepower and you've got a beast of a car. Not only is it powerful, it gets surprisingly great mileage; mine is getting roughly 26 mpg highway. The thing is also built like a tank; I haven't had any mechanical issues other than routine maintenance. The only issues are low seating capacity and cargo room, but hey, you don't get a Mustang in place of an SUV, do you?
I trust over any new car.
mommame,11/19/2013
I had a new car and had so many problems. Hard to work and picture it being a throw away car like some. I decided to go backwards to a 2002 V6 that reminds me more of the days a person could work on a car..HAHAHA There are some people who have these cars and they are over 200,000 miles. When you buy something at this age remember it may need a couple things. Don't gripe about it. Do your homework. Some people beat the Hell out of them. I happen to get mine from an older man in his 60's who took care of it.
Fun, Fun, Fun
Cindy,02/05/2010
Love my convertible. Fun to drive and enjoy the power. If you have more than one child, makes for a challenge if they want to take friends somewhere. Not much trunk space. Looks good and sounds even better. Didn't buy the car for fuel efficiency, so gas mileage is not an issue for me. Multiple CD changer and sound system add to it's appeal. Convertible top easy to operate.
Old guy with used Mustang
miamimykle,11/11/2009
I just bought my self a midlife crisis treat, a 2002 Mustang GT convertible with a five speed manual tranny and all the bells and whistles available in 2002. I was sitting in the Corvette I was going to buy when it caught my eye. There isn't a mark on it inside or out and is, if I may use the term a freakin' rocket. The sound system is incredible! Yes, old guys still rock.....best thing I ever did for myself...if you don't have one, get one!
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Features & Specs

MPG
17 city / 27 hwy
Seats 4
5-speed manual
Gas
190 hp @ 5250 rpm
MPG
16 city / 23 hwy
Seats 4
5-speed manual
Gas
260 hp @ 5250 rpm
MPG
16 city / 23 hwy
Seats 4
5-speed manual
Gas
260 hp @ 5250 rpm
MPG
17 city / 25 hwy
Seats 4
4-speed automatic
Gas
190 hp @ 5250 rpm
See all Used 2002 Ford Mustang features & specs

Safety

NHTSA Overall Rating

The National Highway Transportation Safety Administration offers independent analysis.
  • Frontal Barrier Crash Rating
    OverallNot Rated
    Driver5 / 5
    Passenger5 / 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

More about the 2002 Ford Mustang
Used 2002 Ford Mustang Overview

The Used 2002 Ford Mustang is offered in the following submodels: Mustang Coupe, Mustang Convertible. Available styles include Deluxe 2dr Convertible (3.8L 6cyl 5M), 2dr Coupe (3.8L 6cyl 5M), GT Premium 2dr Convertible (4.6L 8cyl 5M), GT Deluxe 2dr Coupe (4.6L 8cyl 5M), GT Deluxe 2dr Convertible (4.6L 8cyl 5M), Deluxe 2dr Coupe (3.8L 6cyl 5M), Premium 2dr Convertible (3.8L 6cyl 4A), GT Premium 2dr Coupe (4.6L 8cyl 5M), and Premium 2dr Coupe (3.8L 6cyl 5M).

What's a good price on a Used 2002 Ford Mustang?

Price comparisons for Used 2002 Ford Mustang trim styles:

  • The Used 2002 Ford Mustang GT Deluxe is priced between $5,995 and$5,995 with odometer readings between 133871 and133871 miles.

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 2002 Ford Mustangs are available in my area?

Shop Edmunds' car, SUV, and truck listings of over 6 million vehicles to find a cheap new, used, or certified pre-owned (CPO) 2002 Ford Mustang for sale near. There are currently 1 used and CPO 2002 Mustangs listed for sale in your area, with list prices as low as $5,995 and mileage as low as 133871 miles. Simply research the type of car you're interested in and then select a used car from our massive database to find cheap prew-owned vehicles for sale near you. Once you have identified a used 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 2002 Ford Mustang.

Can't find a used 2002 Ford Mustangs you want in your area? Consider a broader search.

Find a used Ford Mustang for sale - 8 great deals out of 22 listings starting at $10,480.

Find a used Ford for sale - 3 great deals out of 23 listings starting at $25,006.

Find a used certified pre-owned Ford Mustang for sale - 12 great deals out of 18 listings starting at $10,444.

Find a used certified pre-owned Ford for sale - 1 great deals out of 7 listings starting at $20,920.

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Should I lease or buy a 2002 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