Used 2007 Ford Mustang Convertible
Edmunds' Expert Review
- 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.
- No side curtain airbags or stability control, low-grade interior plastics, seats need more lateral support.
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.
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 models
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.
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.
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.
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.
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.
Most helpful consumer reviews
Features & Specs
NHTSA Overall Rating
- Frontal Barrier Crash RatingOverallNot RatedDriver5 / 5Passenger5 / 5
- Side Crash RatingOverallNot Rated
- Side Barrier RatingOverallNot RatedDriver4 / 5PassengerNot Rated
- Combined Side Barrier & Pole RatingsFront SeatNot RatedBack SeatNot Rated
- RolloverRollover5 / 5Dynamic Test ResultNo TipRisk Of RolloverNot Rated
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), GT Deluxe 2dr Convertible (4.6L 8cyl 5M), and V6 Premium 2dr Convertible (4.0L 6cyl 5M). Pre-owned Ford Mustang Convertible models are available with a 4.0 L-liter gas engine or a 4.6 L-liter gas engine, with output up to 300 hp, depending on engine type. The Used 2007 Ford Mustang Convertible comes with rear wheel drive. Available transmissions include: 5-speed manual. The Used 2007 Ford Mustang Convertible comes with a 3 yr./ 36000 mi. basic warranty, a 5 yr./ 60000 mi. roadside warranty, and a 5 yr./ 60000 mi. powertrain warranty.
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 Deluxe is priced between $10,790 and$10,790 with odometer readings between 68032 and68032 miles.
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Used 2007 Ford Mustang Convertible Listings and Inventory
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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.