2004 Ford Mustang Review
Price Estimate: $1,925 - $3,010
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Edmunds' Expert Review
by the Edmunds Experts
Pros
- Available V8 power, variety of trim levels, healthy dose of American attitude.
Cons
- Archaic underpinnings, cheap interior materials, choppy ride.
What’s new
With an all-new model scheduled for '05, there are few changes for the 2004 Ford Mustang. All models wear commemorative 40th anniversary exterior badging, while V6 and GT models can be ordered with a full 40th anniversary package that includes additional exterior and interior enhancements.
Edmunds says
Fittingly, the Mustang is the last surviving member of the "pony car" breed. For the 2004 Ford Mustang, the Anniversary Edition should give enthusiasts something to brag about.
For sale near Ashburn, VA
110 listings
- $6,000fair price$63 below market
- 132,254 miles
- No accidents, 2 owners, personal use only
- 6cyl manual
- MemberCar (19 mi away)
- Power Driver Seat
- Rear Bench Seats
- Soft Top
- Audio and cruise con...
Close
Located in Rockville, MD
MemberCar Proudly Presents This Iconic 2004 Ford Mustang V6 Deluxe Convertible, backed by a Clean CarFax and finished in timeless Silver Metallic. Pow...
AutoCheck Vehicle History Summary
Accident Free Vehicle: Yes
Personal Use Only: Yes
History Provider: AutoCheck
Title Details: Clean Title
Salvage Vehicle: No
Frame Damage: No
Theft History: No
Lemon Status: No
Free History Report: No
Features and Specs:
21 Combined MPG (18 City/27 Highway)
Listing Information:
VIN: 1FAFP44674F220739
Stock: 102254
Certified Pre-Owned: No
Listed since: 08-31-2025 - 54,750 miles
- 1 accident, 3 owners, personal use only
- 6cyl automatic
- World Auto (47 mi away)
- Leather Seats
- Power Driver Seat
- Rear Bench Seats
- Soft Top
- Audio and cruise con...
Close
Located in Fredericksburg, VA
AutoCheck Vehicle History Summary
Accident Free Vehicle: No
Personal Use Only: Yes
History Provider: AutoCheck
Title Details: Clean Title
Salvage Vehicle: No
Frame Damage: No
Theft History: No
Lemon Status: No
Free History Report: No
Features and Specs:
20 Combined MPG (17 City/25 Highway)
Listing Information:
VIN: 1FAFP44634F170731
Stock: 11594
Certified Pre-Owned: No
Listed since: 05-20-2025
Vehicle overview
The Ford Mustang debuted in April of 1964 as either a coupe or convertible with six or eight cylinders under the hood, and became a national sensation. Ford sold hundreds of thousands of Mustangs, convincing General Motors and Chrysler Corporation to release their own variations on the theme. By the late 1960s, the Mustang competed against the AMC Javelin, Chevrolet Camaro, Plymouth Barracuda and Pontiac Firebird. But, like Elvis Presley, the Mustang had evolved from lightweight and simple agile to overweight and cumbersome. By the time the oil crisis of 1973 hit, the Mustang had lost its edge in terms of performance and appeal. Reborn for 1974, the much smaller Mustang II rode on a Pinto platform to save development costs and improve fuel economy. Emissions regulations had stifled performance, and the convertible model had disappeared from the lineup. The mid-1970s represented a dismal time for the American automobile industry, and the emasculation of the Ford Mustang is perhaps the greatest example of what went wrong in the middle of this decade. Not surprisingly, sales reached an all-time low during this period of time. Still, Ford wasn't ready to give up on the Mustang. In 1979, it was completely redesigned. There was even a performance model with a turbocharged 2.3-liter, four-cylinder engine, and a stripes-and-decals Cobra version. The new Mustang proved popular, and by 1982, Ford had endowed it with a relatively strong (for the time) V8 engine and the GT designation that continues today. General Motors released a sexy new Camaro and Firebird duo in '82, so Ford countered by continually updating the Mustang GT and engineering a special turbocharged performance model called the SVO. In the late 1980s, Mustang enthusiasts heard that Ford planned to replace the rear-drive model with a front-drive car based on a Mazda. Recoiling in revulsion, these purists bombarded Ford with hate mail, effectively convincing corporate brass to keep the all-American Mustang as it was and release the new vehicle under development as the Probe. This delay meant Ford needed to market the existing and aged Mustang beyond its expiration date until a suitable replacement could be styled and engineered. To retain buyer interest, Ford kept boosting power and improving the Mustang in subtle but effective ways. The new car arrived in 1994 wearing retro styling cues such as tri-bar taillights and a side scoop. Inside, a dual-cowl dashboard provided plenty of pizzazz. A coupe and convertible were available, with either a V6 or V8 engine. A Cobra model with added horsepower and special performance upgrades paced the Indianapolis 500 that year. In 1999, the Mustang was updated with boxy new styling and more power. The 2004 Ford Mustang appeals to those who love the burble of a V8, the handling of rear-wheel drive and the appeal of a legendary car with a long and storied history. For 2004, Ford will offer a 40th Anniversary trim package to commemorate the longevity of the original American muscle car.
Performance & mpg
Standard on base, Deluxe and Premium Mustangs is a 190-horsepower, 3.8-liter V6. Step up to the GT Deluxe and GT Premium, and you'll get a 260-horsepower, 4.6-liter V8. The Mach 1 gets a tweaked version of this V8 worthy of 310 horsepower and 335 pound-feet of torque. All Mustangs are rear-drive and can be equipped with either a five-speed manual or a four-speed automatic transmission.
Safety
Four-wheel disc brakes are standard on the 2004 Ford Mustang. Antilock brakes and traction control are optional on all Deluxe models and standard on all Premium and Mach 1 models. The Mustang coupe received five-star frontal crash test scores for the driver and passenger. Side-impact testing resulted in three-star scores for both front- and rear-seat occupants.
Driving
Mustangs are crude by modern standards, but strong engines and low prices keep them plenty desirable next to the more refined sport coupes and convertibles on the market. The performance-oriented Mach 1 is a terrific blend of power, handling and retro design, while the GT offers V8 power for under $25,000. Even V6 models can be entertaining when equipped with a manual transmission. Both the GT and the V6 make fine daily drivers, especially for those who crave tail-out thrills and don't mind a less-than-ideal seating position.
Interior
Instrumentation is simple and controls are straightforward, if sometimes hard to locate and reach. Seats in the V6 and GT models are flat and featureless; the Mach 1's seats offer a retro design to go along with their stiffer bolsters and greater adjustability. You can spruce up the interior by adding the 40th Anniversary Package, which bundles together metallic trim, aluminum pedals, embroidered floor mats and upgraded head restraints. It's not uncommon for Mustang drivers to find it difficult to achieve a comfortable driving position. This is because of the rather awkward placement of the shifter and steering wheel in relation to the driver seat.
2004 Ford Mustang models
Base, Deluxe and Premium models have a V6 engine. The GT Deluxe, GT Premium and Mach 1 get a V8. Coupes are available in each trim, while the convertible is limited to regular and GT versions of Deluxe and Premium trim. Standard equipment on base models includes 16-inch wheels, air conditioning, a CD player and power windows, mirrors and locks. Deluxe models add a power driver seat, cruise control and a spoiler on coupes; additionally, the GT Deluxe gets 17-inch wheels, an upgraded suspension, sport seats and a limited-slip differential. Premium models come with leather upholstery, an upgraded sound system and a CD changer. The 40th Anniversary Package is available on all Premium models (either engine) and specifies either red, black or white exterior paint; special Arizona Beige wheels; brushed aluminum pedals; and embroidered floor mats, while deleting the spoiler on coupes and adding a better-insulated cloth top on convertibles. The limited-production Mach 1 includes a functional shaker hood with ram-air scoop; special interior detailing; unique alloy wheels and exterior trim; a lowered, retuned sport suspension; and upgraded brakes.

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Cost to Drive
Monthly estimates based on costs in Virginia
$160/mo for Mustang Base
Mustang Base
vs
$155/mo
Avg. Compact Car
Reliability
The 2004 Ford Mustang has a 3 years / 36,000 miles basic warranty and 6 recalls. Below you’ll find our owner reviews.
Recalls
6 recalls foundChecking if a car has a recall is simple. Just type the car's VIN number into the NHTSA website (https://www.nhtsa.gov/recalls). If there's an unrepaired recall, you'll see it there.
If a recall shows up, just call your local car dealer. They'll know about the recall and will work with the car maker to fix it for free (if the recall happened within 10 years of the car being first sold).
- Recall Number:
- 09E025000
- Number of vehicles affected:
- 42540
- Defect Description:
- DOPE, INC. IS RECALLING 42,540 COMBINATION CORNER AND BUMPER LAMP ASSEMBLIES OF VARIOUS PART NUMBERS SOLD FOR USE AS AFTERMARKET EQUIPMENT FOR VARIOUS PASSENGER VEHICLES. THESE HEADLAMPS FAIL TO CONFORM TO THE REQUIREMENTS OF FEDERAL MOTOR VEHICLE SAFETY STANDARD NO. 108, "LAMPS, REFLECTIVE DEVICES, AND ASSOCIATED EQUIPMENT." THESE LAMPS DO NOT CONTAIN THE REQUIRED AMBER SIDE REFLECTORS.
- Defect Consequence:
- DECREASED LIGHTING VISIBILITY MAY RESULT IN A VEHICLE CRASH.
- Corrective Action:
- DOPE, INC. WILL NOTIFY OWNERS AND OFFER A FULL REFUND FOR THE NONCOMPLIANT COMBINATION LAMPS. THE SAFETY RECALL BEGAN ON JULY 28, 2009. OWNERS MAY CONTACT DOPE, INC. AT 1-626-272-1798.
- Recall Number:
- 09E012000
- Number of vehicles affected:
- 16270
- Defect Description:
- SABERSPORT IS RECALLING 16,270 COMBINATION CORNER AND BUMPER LAMP ASSEMBLIES OF VARIOUS PART NUMBERS SOLD FOR USE AS AFTERMARKET EQUIPMENT FOR VARIOUS PASSENGER VEHICLES. THESE HEADLAMPS FAIL TO CONFORM TO THE REQUIREMENTS OF FEDERAL MOTOR VEHICLE SAFETY STANDARD NO. 108, "LAMPS, REFLECTIVE DEVICES, AND ASSOCIATED EQUIPMENT." THESE LAMPS DO NOT CONTAIN THE REQUIRED AMBER SIDE REFLECTORS.
- Defect Consequence:
- DECREASED LIGHTING VISIBILITY MAY RESULT IN A VEHICLE CRASH.
- Corrective Action:
- SABERSPORT WILL NOTIFY OWNERS AND OFFER A FULL REFUND FOR THE NONCOMPLIANT COMBINATION LAMPS. THE SAFETY RECALL BEGAN ON MAY 11, 2009. OWNERS MAY CONTACT SABERSPORT AT 1-909-598-7589.
- Recall Number:
- 08E050000
- Number of vehicles affected:
- 1921
- Defect Description:
- K2 MOTOR IS RECALLING 1,921 AFTERMARKET HEADLAMPS OF VARIOUS MODELS SOLD FOR USE ON THE ABOVE LISTED VEHICLES. THESE HEADLAMPS ARE MISSING THE AMBER SIDE REFLEX REFLECTOR WHICH FAILS TO CONFORM WITH THE REQUIREMENTS OF FEDERAL MOTOR VEHICLE SAFETY STANDARD NO. 108, "LAMPS, REFLECTIVE DEVICES, AND ASSOCIATED EQUIPMENT."
- Defect Consequence:
- WITHOUT THE AMBER SIDE REFLEX REFLECTORS, THE LIGHTING VISIBILITY MAY BE AFFECTED, POSSIBLY RESULTING IN A VEHICLE CRASH.
- Corrective Action:
- K2 MOTOR WILL NOTIFY OWNERS AND OFFER A FULL REFUND. THE RECALL BEGAN ON DECEMEBER 17, 2008. OWNERS MAY CONTACT K2 MOTOR AT 1-909-839-2992.
- Recall Number:
- 06V108000
- Manufacturer Recall Number:
- 06S43
- Manufactured from:
- 2002-03-19 to 2004-04-01
- Number of vehicles affected:
- 19140
- Defect Description:
- ON CERTAIN MUSTANG COBRA PASSENGER VEHICLES, THE REAR SURFACE OF THE ACCELERATOR PEDAL MAY COME INTO CONTACT WITH FLOOR CARPETING DURING HEAVY THROTTLE APPLICATION. THE UNIQUE SURFACE PROFILE OF THE ACCELERATOR PEDAL MAY CATCH IN THE CUTOUT ON THE FLOOR CARPETING BEHIND THE ACCELERATOR PEDAL.
- Defect Consequence:
- THIS COULD INTERFERE WITH THE PEDAL'S ABILITY TO RETURN TO AN IDLE POSITION. UNEXPECTED, CONTINUED THROTTLE APPLICATION AND/OR INCREASED STOPPING DISTANCES MAY OCCUR WHICH COULD RESULT IN A CRASH.
- Corrective Action:
- DEALERS WILL INSTALL A SHIELD OVER THE CUTOUT IN THE CARPET BEHIND THE ACCELERATOR PEDAL. THE RECALL BEGAN ON APRIL 26, 2006. OWNERS MAY CONTACT FORD AT 1-800-392-3673.
- Recall Number:
- 06E056000
- Number of vehicles affected:
- 58640
- Defect Description:
- CERTAIN AFTERMARKET FUEL FILTERS SOLD UNDER THE PUROLATOR BRAND NAME, P/N F65277, SHIPPED FROM JANUARY 16 THROUGH JUNE 2, 2006, FOR USE ON THE ABOVE LISTED PASSENGER VEHICLES. DUE TO INCORRECT DESIGN, THE QUICK CONNECTORS MAY NOT FULLY SEAT WITH THE TUBE INTERFACE, EVEN THOUGH THE PERSON MAKING THE CONNECTION MAY BELIEVE THAT THE QUICK CONNECTOR IS FULLY ATTACHED.
- Defect Consequence:
- FAILURE OF THIS CONNECTION COULD LEAD TO FUEL SPILLAGE AND, IN THE PRESENCE OF AN IGNITION SOURCE, A FIRE COULD OCCUR.
- Corrective Action:
- UFI WILL NOTIFY OWNERS AND REPLACE THE FILTERS FREE OF CHARGE. THE RECALL BEGAN ON AUGUST 4, 2006. OWNERS MAY CONTACT UFI FILTERS USA AT 800-230-5876.
- Recall Number:
- 06E049000
- Number of vehicles affected:
- 27176
- Defect Description:
- CERTAIN CK MOTORSPORTS COMBINATION HEADLIGHTS, CLEAR CORNER, BUMPER, AND SIDE MARKER LIGHTS SOLD AS REPLACEMENT LAMPS FOR USE ON THE PASSENGER VEHICLES LISTED ABOVE. SOME COMBINATION LAMPS THAT ARE NOT EQUIPPED WITH AMBER SIDE REFLECTORS FAIL TO CONFORM TO FEDERAL MOTOR VEHICLE SAFETY STANDARD NO. 108, LAMPS, REFLECTIVE DEVICES, AND ASSOCIATED EQUIPMENT.
- Defect Consequence:
- WITHOUT THE AMBER REFLECTORS, THE VEHICLE WILL BE POORLY ILLUMINATED, POSSIBLY RESULTING IN A VEHICLE CRASH WITHOUT WARNING.
- Corrective Action:
- CK MOTORSPORT WILL NOTIFY OWNERS AND REPLACE THE NONCOMPLIANT LAMPS FREE OF CHARGE. THE RECALL BEGAN ON JULY 1, 2006. OWNERS MAY CONTACT CK MOTORSPORT AT 1-909-610-7211.
Warranty
3 years / 36,000 miles Basic Warranty- Basic Warranty
- 3 years / 36,000 miles
- Drivetrain Warranty
- 3 years / 36,000 miles
- Rust Warranty
- 5 years / unlimited miles
- Roadside assistance Warranty
- 3 years / 36,000 miles
Ford Mustang Reviews
Owner Reviews
5(75%)
4(19%)
3(4%)
2(2%)
1(0%)
Most Helpful Owner Reviews
Trending topics
My First Car
5 out of 5 starsMustang04, 06/24/2010
2004 Ford Mustang 2dr Coupe (3.8L 6cyl 5M)
My parents bought this car for me for my first car. I am definitely a car person and was thrilled to get a Mustang. This car is so reliable. Every time I need to go somewhere I know that it will get me there safely. I also get excellent gas mileage. I usually get between 23 and 26 highway driving.If you take good care of your Mustang and treat it right you will not have any problems.
Reliable car
4 out of 5 starsbull_gator, 10/29/2014
2004 Ford Mustang GT Premium 2dr Coupe (4.6L 8cyl 5M)
Only a few problems have shown up in 107K miles. I have replaced the fuel pump, alternator, battery, tires, and suspension. Of those, only the fuel pump was unexpected. The rest are things you expect to replace.
144K mile update. Car still running strong. Since the last review, I have gone through another battery and tires.
Favorite Car I've Owned
3.5 out of 5 starsautomaniac9, 01/19/2014
2004 Ford Mustang GT Premium 2dr Coupe (4.6L 8cyl 5M)
Bought this car with 104,000 miles on it, and wow, good car for the money. It might seem like thats high mileage, but I bought it with an extended warrenty. I bought it with many performance upgrades, and I have to say it helps this car with its performance and personality. I drove a stock 01 GT, and it felt a bit boring. The interior leaves something to be desired, but it's simple and … has no extra fluff you don't need. All in all, it is a good all rounder that now a days is a good used alternantive to a brand new one.
My Mustang gets 22.23 MPG over two years
5 out of 5 starsShirley, 04/25/2010
2004 Ford Mustang 2dr Coupe (3.8L 6cyl 5M)
My Mustang gets 22.23 MPG over two years. This is a fact. I've kept careful and accurate records. Regular gas. I don't remember which coupe I have. It's the anniversary issue. Red. I love it.
2004 Mustang Highlights
Coupe
Base
| Base MSRP Excludes Destination Fee | $18,150 |
|---|---|
| Engine Type | Gas |
| Combined MPG | 21 MPG |
| Cost to Drive | $160/month |
| Seating | 4 seats |
| Cargo Capacity All Seats In Place | 10.9 cu.ft. |
| Drivetrain | rear wheel drive |
| Warranty | 3 years / 36,000 miles |
Safety
NHTSA Overall Rating
The National Highway Transportation Safety Administration offers independent analysis.
- Frontal Barrier Crash RatingOverallNot RatedDriver5 / 5Passenger5 / 5
- Side Crash RatingOverallNot Rated
- Side Barrier RatingOverallNot RatedDriver3 / 5Passenger3 / 5
- Combined Side Barrier & Pole RatingsFront SeatNot RatedBack SeatNot Rated
- RolloverRollover5 / 5Dynamic Test ResultNo TipRisk Of RolloverNot Rated
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