2001 Ford Mustang pricing starts at $3,597 for the Mustang Coupe 2D, which had a starting MSRP of $17,695 when new. The range-topping 2001 Mustang Cobra Convertible 2D starts at $10,484 today, originally priced from $33,205.

	Original MSRP	KBB Fair Purchase Price (national avg.)
Coupe 2D	$17,695	$3,597
Deluxe Coupe 2D	$18,260	$3,870
Premium Coupe 2D	$19,490	$3,860
Deluxe Convertible 2D	$23,110	$4,084
GT Deluxe Coupe 2D	$23,330	$8,449
GT Premium Coupe 2D	$24,480	$6,607
Premium Convertible 2D	$25,675	$3,914
GT Bullitt Coupe 2D	$26,830	$10,321
GT Deluxe Convertible 2D	$27,585	$6,837
GT Premium Convertible 2D	$28,735	$6,278
Cobra Coupe 2D	$29,205	$12,499
Cobra Convertible 2D	$33,205	$10,484

The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2001 Ford Mustang models in typical condition when purchasing from a dealership. These prices are updated weekly.

Mustang Consumer Sentiment

Owners give this generation Ford Mustang (1994-2004) a 4.6 out of 5 rating, which is higher than most, and 95% recommend it. These figures are based on 2048 consumer reviews, like these:

What Owners are Saying About the 2001 Ford Mustang

"this is a cheap, practical, and fun sporty car"

"This car is easy to work on, lots of available parts, and aftermarket accesories. it can fit 2 large and 2 small adults, it also has a suprisingly comodius trunk. It is fun to drive, own and look at."

"Just bought, already enjoying."

"So I just got the car and when I first saw it I fell in love with it. It has been a blast to drive so far. It is a smooth ride and very reliable in the turns. Would recommend to anyone it would be a great first car."

"Better than you think"

"I was 18 when I purchased this car. Bought it with only 44K miles. Been down the drag strip over 75+ times, plus 10 or so from the previous owner. Being that it is a Ford I was VERY surprised with the reliability. The car currently has 102K miles and running strong. I only had to replace a few things. The belt tensioner bearing went up and I was getting rear end whine. But as you can imagine from launching on drag radials, burnouts, etc. that is going to cause good amount of wear on the drivetrain. The stock T45 is holding up pretty well, but I do get slight grinding from time to time. The modular V8's Ford puts out are pretty stout. No comparison to the 3.8 OHV V6 junk they have from 99-04. The 4.6 is down on cubic inches compared to the larger LSx GM series.Despite all of this the motor puts out decent power. It has its minor qwirk's, squeaks and squeals, like any 100K+ mile car. Interior is plasticy but what do you expect from a $22,000 dollar sticker price car, back in 99! This IS the poor man's sports car! I wish I could get a new 3V GT but house and family come first. Highly recommend!"

Overall 2001 Ford Mustang Quality

User sentiment suggests the overall quality of the 2001 Ford Mustang is above average for its class. Owners rated the 2001 Ford Mustang quality a 4.6 out of 5.

2001 Ford Mustang Reliability

The 2001 Ford Mustang receives an average consumer rating of 4.6 overall and a 4.7 for reliability, which means owners consider its reliability to be above average.

Favorite 2001 Mustang Features

According to drivers of the 2001 Mustang, here are some of its best features:

Value, speed, looks, and heritage
Great, Fun to drive, sounds powerful.
Very fun
Fun, reliable, easy to mod, lots of resources
I play Wilson Pickett's "Mustang Sally"....WOW!

2001 Ford Mustang MPG by Trim

2001 Mustang Coupe 2D - city 17 MPG - hwy 25 MPG

2001 Mustang Premium Coupe 2D - city 17 MPG - hwy 25 MPG

2001 Mustang Deluxe Coupe 2D - city 17 MPG - hwy 25 MPG

2001 Mustang Premium Convertible 2D - city 17 MPG - hwy 25 MPG

2001 Mustang Deluxe Convertible 2D - city 17 MPG - hwy 26 MPG

2001 Mustang GT Premium Convertible 2D - city 16 MPG - hwy 23 MPG

2001 Mustang GT Premium Coupe 2D - city 16 MPG - hwy 23 MPG

2001 Mustang GT Deluxe Convertible 2D - city 16 MPG - hwy 23 MPG

2001 Mustang GT Deluxe Coupe 2D - city 16 MPG - hwy 23 MPG

2001 Mustang GT Bullitt Coupe 2D - city 16 MPG - hwy 23 MPG

2001 Mustang Cobra Convertible 2D - city 15 MPG - hwy 23 MPG

2001 Mustang Cobra Coupe 2D - city 15 MPG - hwy 23 MPG

2001 Mustang Safety

2001 Ford Mustang Safety Features

Driver Airbag
Passenger Airbag
Traction Control

More About How We Rate Vehicles

New Ford Mustang Deals and Incentives

APR

5.9% APR | 60 months

Get 5.9% APR for 60 mos. Ford Credit Financing on a new 2025 Ford Mustang.

See more details

End Date: 03/04/2025

See All Current Mustang Deals

2001 Ford Mustang Styles

Style

Price

Combined Fuel Economy

Horsepower

Engine

Cargo Capacity

Torque

0-60

Top Speed

Curb Weight

Premium Convertible 2D

Deluxe Convertible 2D

GT Premium Convertible 2D

GT Deluxe Convertible 2D

See Full Specs for All 2001 Ford Mustang Styles

2001 Ford Mustang Depreciation

A 2001 Ford Mustang has depreciated $226 or 7% in the last 3 years and has a current resale value of $2,708 and trade-in value of $1,714.

Historical

Forecast

2001 Ford Mustang

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2001 Ford Mustang Annual Depreciation

Year	Vehicle Depreciation*	Resale Value	Trade-In Value
2022	+ $613	$2,934	$2,015
2023	$105	$2,829	$1,880
2024	$77	$2,752	$1,764
Now	$44	$2,708	$1,714

Unlock Forecast

2-Year Forecasted Depreciation

*Depreciation for the last 12 months of the private party resale value.

2001 Ford Mustang Depreciation

Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.

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Specifications

Dimensions, Weights & Capacities

	Fuel Capacity	15.5 gallons
	Max Seating Capacity	0
	Towing Capacity, Maximum	1000 lbs.

Exterior

	Alloy Wheels	Available
	Number of Doors	2 doors
	Rear Spoiler	Available

Fuel Economy

	City	17 mpg
	Highway	25 mpg
	Combined	20 mpg

Mechanical

	Drivetrain	RWD
	Transmission Type	Automatic

Performance

	Horsepower	193 @ 5250 RPM
	Torque	225 @ 2750 rpm
	Engine	V6, 3.8 Liter

Entertainment

Premium Radio
CD Player

Interior

Leather-Wrapped Steering Wheel
Power Windows
Rear Window Defroster
Power Outlet
Tilt Steering Wheel

Seating

Leather Seats
Power Driver's Seat

Technology

Cruise Control
Remote Keyless Entry

2001 Ford Mustang Safety

2001 Ford Mustang Safety Technology

Driver Airbag

Passenger Airbag

Traction Control

2001 Ford Mustang Rankings

Rank	Vehicles	HP
#1	2001 Acura CL	260
#2	2007 Pontiac G6	217
#3	2007 Chevrolet Monte Carlo	211
#4	2002 Honda Accord	200
#5	2001 Ford Mustang	193

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FAQs

Is 2001 a good year for a Ford Mustang?

Owners of the vehicle give it 4.6 out of 5 stars. To find out if the 2001 Mustang is the right car for you, check out the pros and cons, trims, specs and options at Kelley Blue Book.

Is the Ford Mustang 2001 a good vehicle?

Owners of the vehicle give it 4.6 out of 5 stars. To find out if the 2001 Mustang is the right car for you, check out the pros and cons, trims, specs and options at Kelley Blue Book.

What is the MPG for a 2001 Ford Mustang?

The 2001 Ford Mustang gets 17 mpg in the city and 25 mpg on the highway.

Used 2001 Ford Mustang