Used 2007 Ford Mustang Convertible

Style:
2007 Ford Mustang
List price range
$7,495 - $13,495
2007 Ford Mustang

Pros

  • Solid V8 power in GT models, about as well mannered as a car with a solid-axle rear suspension can get, slick retro interior, good cabin ergonomics.

Cons

  • No side curtain airbags or stability control, low-grade interior plastics, seats need more lateral support.
Ford Mustang years

Used 2007 Ford Mustang Convertible for Sale

Ford Mustang 2007 GT Premium 2dr Convertible (4.6L 8cyl 5M)
78 miles
Used 2007
Ford Mustang
GT Premium
(3)
Virginia Auto Trader Co
23.3 mi away
List$11,995
Est.Loan: $245/mo
Fair Deal!
Fair Deal!
View Details
Ford Mustang 2007 V6 Premium 2dr Convertible (4.0L 6cyl 5M)
32,542 miles
Used 2007
Ford Mustang
Premium
South Street Autos
27.6 mi away
List$11,690
Est.Loan: $239/mo
Fair Deal!
Fair Deal!
View Details
Dealer Notes
Power Top, Shaker 500 6 CDMP3 Sound System, Traction Control and More...
Ford Mustang 2007 GT Deluxe 2dr Convertible (4.6L 8cyl 5M)
78,126 miles
Used 2007
Ford Mustang
GT Deluxe
Zero Down Auto
52.6 mi away
List$13,495
Est.Loan: $276/mo
View Details
Ford Mustang 2007
53,896 miles
Used 2007
Ford Mustang
(3)
Norris Ford
55.4 mi away
List$11,995
Est.Loan: $245/mo
View Details
Dealer Notes
Red 2007 Ford Mustang RWD 5-Speed 4.0L V6 SOHCRecent Arrival! Odometer is 11951 miles below market average!
Ford Mustang 2007 V6 Premium 2dr Convertible (4.0L 6cyl 5M)
95,061 miles
Used 2007
Ford Mustang
Premium
(6)
Shockley Honda
24 mi away
ListNot Listed
View Details

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Edmunds' Expert Review

More than a retro styling exercise, the 2007 Ford Mustang provides compelling performance in all areas and offers rear-drive-V8 enthusiasts a tempting price tag.

vehicle overview

Now in its ninth generation, the Mustang has survived oil crises, tightening emissions standards, corporate budget cuts and even the SUV craze. It's the only one of the original pony cars from the 1960s to live on into the 21st century with no interruption in production. The 2007 Ford Mustang represents a deft blend of classic American muscle car styling cues and modern design. Whether you choose a V6 or V8, a coupe or convertible, this is one of the best values on the market for consumers seeking traditional rear-wheel-drive performance.

Last redesigned for 2005, the Ford Mustang wears its heritage like a badge of honor. The canted nose -- with its big grille, round headlights and on GTs, grille-mounted foglights -- recalls the 1967-'69 Mustangs, while the side sculpting, taillights and the coupe's fastback roof line recall ponies of the 1965 vintage. Triangular side windows recall Carroll Shelby's work when he transformed the 1965 Mustang 2+2 fastback into the Shelby GT350. Naturally, Ford offers a wide array of color options and appearance packages for buyers who want to go beyond the stock look.

Inside, the retro motif continues with a dual-hooded dash, round-hub steering wheel and old-school gauges. Fortunately, these elements are neatly integrated into a modern, ergonomically sound interior design. The standard interior is heavy on hard plastic, though, so many buyers end up adding the Interior Upgrade Package, which provides satin aluminum accents and color-changeable backlighting for the instruments -- at the press of a button, one can select from white, blue, green and orange hues.

Despite its switch to an all-new platform for 2005, the Mustang continues to use a rather basic solid-axle rear suspension design. This allows Ford to keep the pricing low, and careful tuning results in reasonably precise handling through the corners. Although the Mustang can't match the refinement of import-brand competitors like the Nissan 350Z and Mazda RX-8, its more compliant ride makes it the better bet for commuters. If you're looking for an affordable coupe or convertible that's fast and fun, yet comfortable enough to drive every day, the 2007 Ford Mustang should be on your short list of candidates.

2007 Ford Mustang configurations

Available as a 2+2 coupe or convertible, the 2007 Ford Mustang comes in five major trim levels: V6 Standard, V6 Deluxe, V6 Premium, GT Deluxe and GT Premium. Standard equipment on the V6 Standard includes keyless entry, 16-inch wheels, air-conditioning, power windows and mirrors, cruise control, a CD player and an auxiliary input jack. The V6 Deluxe adds alloy wheels and opens up a longer list of options. The V6 Premium adds a "Shaker 500" premium audio system with CD changer, upgraded wheels and a power driver seat. An optional Pony Package for V6 Mustangs includes firmer suspension tuning, 17-inch wheels, ABS, foglamps and a unique grille. Step up to the V8-powered GT Deluxe and you'll get all the V6 Deluxe equipment, plus ABS, a rear spoiler, foglamps, 17-inch alloys and sport seats. The GT Premium adds the Shaker 500 sound system and leather seats.

Major options include a Shaker 1000 sound system, Sirius satellite radio, and later in the model year, a DVD-based navigation system. The Comfort Package bundles heated front seats, a power front passenger seat and an auto-dimming rearview mirror. Numerous interior and exterior appearance packages are also available for buyers seeking to personalize their Mustang.

2007 Highlights

All 2007 Ford Mustangs come with an auxiliary input jack for MP3 players, while Sirius satellite radio is a new option. Late in the model year, a DVD-based navigation system will also be available. Seventeen-inch wheels are now a stand-alone option on V6 models. A new Comfort Package with heated seats, six-way power adjustments for the front-passenger seat and an auto-dimming rearview mirror is available on V6 Premium and all GT models. There are also a couple of new trim packages for the GT: Offered in all 50 states, the California Special Package provides black leather seats with contrasting Dove or Parchment inserts; revised front and rear fascias; side scoops; 18-inch machined wheels; "GT/CS" door stripes and polished exhaust tips. The GT Appearance Package offers just the exhaust tips, a hood scoop and an engine cover with the pony emblem. Additionally, Grabber Orange has been added as an exterior paint choice. And as of July 2006, powertrain warranty coverage is extended to five years/60,000 miles.

Performance & mpg

Under the hood of every V6 Mustang is a 4.0-liter V6 with 210 horsepower and 240 pound-feet of torque. Step up to the GT and you'll get a 4.6-liter V8 with 300 hp and 320 lb-ft of torque. All Mustangs are rear-wheel drive and can be equipped with either a five-speed manual or a five-speed automatic transmission. A GT with a manual transmission can do zero to 60 mph in about 5.7 seconds and clear the quarter-mile in 14.3 seconds.

Safety

Four-wheel disc brakes are standard on all Mustangs. Antilock brakes and traction control are optional on the V6 models and standard on the GT. A stability-control system is not offered. Front seat-mounted side airbags for front occupants are optional on all models, but full-length head curtain airbags are not available. In NHTSA crash tests, the Ford Mustang earned a perfect five stars for front-impact protection and four stars for side-impact protection.

Driving

Acceleration is spirited with the V6, regardless of whether you choose the fun-to-shift manual or the responsive automatic. The GT provides the quintessential muscle car experience, of course, with loads of torque available right off the line and an exhaust note to match. The Mustang turns crisply and eagerly into corners with a flat, composed attitude. The brakes are powerful and control in bumpy corners is good, despite the continued use of a solid rear axle. Wind and road noise are low for a muscle car, and ride quality is surprisingly compliant.

Interior

Both the Mustang coupe and convertible offer seating for four, and average-size adults can sit in back with little problem. Interior ergonomics are vastly improved over previous-generation Mustangs, as the driver seat now puts you in the proper position to work the shifter and operate the controls. Switches and handles feel substantial, and although many of the plastics are coarse in texture, fit and finish is generally good. Retro styling abounds in little touches like the large round speedometer and tach (which feature an appropriate vintage font), dual-hooded dash and a cool steering wheel with a small round airbag hub and available metallic spokes. A striking color accent package features red leather seats, red door panel inserts and red floor mats, all set against a dark charcoal interior.


Consumer reviews

Read what other owners think about the 2007 Ford Mustang.

Overall Consumer Rating

Most helpful consumer reviews

Best car I've ever had!
nursemollybsrn,01/29/2012
I bought this car on 12/14/2011. I've only driven it for over month, it is my daily driver. It has only 19,000 miles on it and it is absoutely stunning! I love everything about this car. The way the engine rumbles, the noise of the blinkers, the sound of the door when you shut it, the stero is kickin', the ease at which the top goes up and down! I have learned that you actually have to be careful in slower traffic because when you step on the gas...you get an instant response. And yes, I have raced it. I have smoked everyone that I have come up against - in town and highway - with barely any effort. This car was made to go fast! And is excellent therapy if you have a stressful day at work!
Manual transmission problems
Gary Dickinson,11/03/2006
I enjoy driving the Mustang except for a whining noise from the manual transmission in 5th gear and pulling positive torque. No noise when not under acceleration or slowing down. This is my third Mustang and the previous '88 and '95 both with the 5 speed manual did not make any noise like this. The dealership mechanic and the owner of the dealership both drove the car and both acknowledge the noisy gear whine but Ford wants more info from them comparing the noise with another new 5 speed manual transmission in another car. This transmission was flawed right from the first mile and should have been immediately repaired or replaced. Needless to say I am very disappointed with Ford and their quality.
Best Bang for the Buck ever
john Aronhalt,10/14/2015
My kids have gotten a little older, so I got my 4th Mustang after a 10 year break. I picked up a used black GT convertible for a VERY reasonable price, and couldn't be happier so far. You really can't beat all you can get out of this car for a VERY affordable price. I got mine for under 15K in perfect condition and under 60K miles. I get more positive comments while out and about than cars I have owned that cost 35K plus. Sure, this car has it's drawbacks such as a rough ride, no storage space, clunky shifting, etc. I am assuming people who want a refined car with good manners don't want a Mustang, this is a good old fashion V8 rear wheel drive muscle car. You buy it for fun, and it delivers! Edmunds asked me to update, so here it is. Two years later and I still love this car! I have logged about 25K miles bringing the total to about 75K. I have only had to replace the battery since, nothing else. This has been a fun reliable car that despite being 10 years old still draws attention and positive comments everywhere I go.
A girl and her pony by Marea
Marea,08/23/2006
I love my pony! I ordered a Windveil blue convertible with parchment top and leather interior same color with comfort package (new for 2007). Also added an interior upgrade. I wanted to brighten up the inside as much as possible, not a big fan of black, but the black that is there looks great! Oh, Pony package of course. This car is awesome! She gets looks everywhere she goes. So much fun with the top down. My salesman said to order the boot that goes over the top when it's down. It helps keep it clean when the top is down for an extended period of time. It's also expensive to add the hardware for it to the car if you decide you want it later. If you have cats, invest in a car cover.
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Features & Specs

MPG
17 city / 25 hwy
Seats 4
5-speed manual
Gas
210 hp @ 5300 rpm
MPG
15 city / 23 hwy
Seats 4
5-speed manual
Gas
300 hp @ 5750 rpm
MPG
17 city / 25 hwy
Seats 4
5-speed manual
Gas
210 hp @ 5300 rpm
MPG
15 city / 23 hwy
Seats 4
5-speed manual
Gas
300 hp @ 5750 rpm
See all Used 2007 Ford Mustang Convertible 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
    Driver4 / 5
    PassengerNot Rated
  • Combined Side Barrier & Pole Ratings
    Front SeatNot Rated
    Back SeatNot Rated
  • Rollover
    Rollover5 / 5
    Dynamic Test ResultNo Tip
    Risk Of RolloverNot Rated

More about the 2007 Ford Mustang
More About This Model

If there's one thing Ford has learned in recent months, it's the magic that comes with combining the words "Mustang" and "Shelby." Throw in the harsh reality that Ford needs all the magic it can conjure these days, and you have the makings of yet another Shelby Mustang. Following closely (some might say too closely) on the heels of the Shelby GT500 and Shelby GT-H, this latest hot-rod pony is simply dubbed "Shelby GT" and is, for the most part, a retail version of the GT-H rental car offered through select Hertz agencies.

Inside Line recently piloted the 2007 Shelby GT at Ford's proving grounds in Dearborn, Michigan, and while we'd have preferred a full-fledged road test, our limited seat time did confirm that Carroll Shelby still has some compelling tricks up his sleeve.

"GT" plus "Ford Racing" equals "Shelby GT"
Shelby Automobiles, based in Las Vegas, begins with a stock Mustang GT and adds a Ford Racing Power Pack and Handling Pack to each car. The Power Pack consists of a 90-millimeter cold-air intake, reworked engine calibration, upgraded exhaust flow (via a new X-pipe) and a shorter rear axle ratio (3.55 versus the GT's 3.31). And while the rental GT-H comes in automatic form only, the Shelby GT can be had with a slushbox or a five-speed manual transmission featuring a Hurst short-throw shifter.

The Handling Pack consists of shorter springs, stiffer dampers and an upgraded front antiroll bar. The shorter springs drop the car 1.5 inches, which is unfortunate in the sense that it makes seeing these upgraded parts -- all of them painted a shimmering shade of Ford Blue -- even harder to see unless you have access to a vehicle lift. A front strut-tower brace and P235/55ZR18 tires complete the Shelby GT's handling upgrades.

Once again, Carroll leaves his mark
While both the Power Pack and Handling Pack are available to anyone willing to visit the Ford Racing catalog (or Web site), the Shelby GT's styling modifications are not so easily replicated. They begin with a pair of silver Le Mans racing stripes painted over either a white or black coupe (no convertible versions are planned). Additional "Shelby GT" side stripes connect the 18-inch chrome wheels and run underneath unique side scoops (just ahead of the rear wheelwells). A lower front fascia with a brushed-aluminum grille -- minus foglights -- sits below a Cobra-inspired, non-functional hood scoop. Perhaps our favorite exterior design cue is the "SHELBY" spelled out across the trunk lid in individual, classic-font letters, just as it appeared on the 1968 GT500 KR.

The Shelby theme continues inside with "Shelby GT" floor mats, doorsill plates and an authentication plate above the center stack featuring a CSX number (a matching CSX numbered tag is located in the engine compartment).

Classic design cues, modern performance
While the Shelby badging clearly identifies who put this Mustang together, our favorite interior component has to be the Hurst shifter, both for its classic chrome-and-cue-ball look as well as its powerful, purposeful feel. It's this sort of shifter action, along with the Shelby GT's baritone exhaust warble and immediate throttle response, that truly evokes the muscle car era from which the Shelby legend springs. The real difference comes with 40 years of progress, meaning you now can enjoy those traits plus inspired steering feel and predictable at-the-limit handling. On the proving grounds we repeatedly tossed this newest pony car into sharp corners for the sheer joy of throwing the tail out and reeling it back in.

A Way Forward by looking back?
Beyond its obvious performance and image-building characteristics, the Shelby GT is an example of what Ford is calling its "Go Fast" decision-making progress. What this essentially boils down to is removing the traditional corporate barriers that inhibit flexible and nimble product development. Or, as Mark Fields put it, "We need to cut through the bureaucratic bull." No joke -- you can hear him use these exact words at www.fordboldmoves.com, where a series of Web-based documentaries are portraying Ford's efforts to find "The Way Forward."

Of course, some might argue that building a new car inspired by a 40-year-old car doesn't seem like "forward" thinking. But Ford's desire to offer "a steed for every need" means the company is recognizing the increased fragmentation of the marketplace while simultaneously answering it with highly specialized, limited-production vehicles. If Toyota can sell dealer-customized Scions to the youth of America, why shouldn't Ford provide a series of Mustangs that range in price from $19,995 (V6 Coupe) to $45,755 (Shelby GT500 convertible)?

This Shelby GT version of the Mustang will cost approximately $35,000 and go on sale at the beginning of 2007. If you still believe in that "Mustang" and "Shelby" magic, but you don't want to spend Porsche Boxster-like money, Ford's got a new steed to meet your need.

Edmunds attended a manufacturer-sponsored event, to which selected members of the press were invited, to facilitate this report.

Used 2007 Ford Mustang Convertible Overview

The Used 2007 Ford Mustang Convertible is offered in the following styles: V6 Deluxe 2dr Convertible (4.0L 6cyl 5M), GT Premium 2dr Convertible (4.6L 8cyl 5M), V6 Premium 2dr Convertible (4.0L 6cyl 5M), and GT Deluxe 2dr Convertible (4.6L 8cyl 5M).

What's a good price on a Used 2007 Ford Mustang Convertible?

Price comparisons for Used 2007 Ford Mustang Convertible trim styles:

  • The Used 2007 Ford Mustang Convertible Premium is priced between $7,495 and$11,690 with odometer readings between 32542 and114580 miles.
  • The Used 2007 Ford Mustang Convertible Deluxe is priced between $11,295 and$11,295 with odometer readings between 46250 and46250 miles.
  • The Used 2007 Ford Mustang Convertible GT Deluxe is priced between $13,495 and$13,495 with odometer readings between 78126 and78126 miles.
  • The Used 2007 Ford Mustang Convertible GT Premium is priced between $11,995 and$11,995 with odometer readings between 78 and78 miles.

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Used 2007 Ford Mustang Convertible Listings and Inventory

There are currently 6 used and CPO 2007 Ford Mustang Convertibles listed for sale in your area, with list prices as low as $7,495 and mileage as low as 78 miles. 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 2007 Ford Mustang Convertible.

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Can't find a used 2007 Ford Mustang Mustang Convertible you want in your area? Consider a broader search.

Find a used Ford Mustang for sale - 5 great deals out of 8 listings starting at $9,376.

Find a used Ford for sale - 3 great deals out of 17 listings starting at $23,738.

Find a used certified pre-owned Ford Mustang for sale - 10 great deals out of 20 listings starting at $8,278.

Find a used certified pre-owned Ford for sale - 11 great deals out of 17 listings starting at $21,770.

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Should I lease or buy a 2007 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