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2002 Ford Mustang

Used 2002 Ford Mustang

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4.6
rating
Consumer
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2002 Ford Mustang Exterior: 0
2025
2002
Fuel Economy
20 - 22 combined mpg
Horsepower
190 - 260 hp
Engine
2 engines available
Engine Options
  • V6, 3.8 Liter
  • V8, 4.6 Liter
Cargo Volume
7.7 - 10.9 cu ft
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2002 Ford Mustang Overview

2002 Ford Mustang Pricing

2002 Ford Mustang pricing starts at $3,640 for the Mustang Coupe 2D, which had a starting MSRP of $18,100 when new. The range-topping 2002 Mustang GT Premium Convertible 2D starts at $6,865 today, originally priced from $29,270.

Original MSRP
KBB Fair Purchase Price (national avg.)
Coupe 2D
$18,100
$3,640
$18,705
$3,962
$19,820
$4,109
$23,845
$6,749
$23,955
$4,083
$25,015
$7,321
$26,210
$3,907
$28,430
$7,280
$29,270
$6,865

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 2002 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 2002 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 2002 Ford Mustang Quality

User sentiment suggests the overall quality of the 2002 Ford Mustang is above average for its class. Owners rated the 2002 Ford Mustang quality a 4.6 out of 5.

2002 Ford Mustang Reliability

The 2002 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 2002 Mustang Features

According to drivers of the 2002 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!

2002 Ford Mustang MPG by Trim

2002 Mustang Coupe 2D - city 19 MPG - hwy 27 MPG

2002 Mustang Premium Convertible 2D - city 19 MPG - hwy 27 MPG

2002 Mustang Deluxe Coupe 2D - city 19 MPG - hwy 27 MPG

2002 Mustang Deluxe Convertible 2D - city 19 MPG - hwy 27 MPG

2002 Mustang Premium Coupe 2D - city 19 MPG - hwy 27 MPG

2002 Mustang GT Deluxe Coupe 2D - city 18 MPG - hwy 26 MPG

2002 Mustang GT Premium Convertible 2D - city 17 MPG - hwy 24 MPG

2002 Mustang GT Deluxe Convertible 2D - city 18 MPG - hwy 26 MPG

2002 Mustang GT Premium Coupe 2D - city 18 MPG - hwy 26 MPG

2002 Mustang Safety

2002 Ford Mustang Safety Features

  • Child Door Locks: Not available
  • Child Seat Anchors
  • Driver Airbag
  • Passenger Airbag
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

2002 Ford Mustang
KBB.com Consumer Reviews

4.6
Consumer Rating
Based on 2,048 Consumer Reviews
Write a Review
93%Recommend this vehicle
5
71%
5
71%
4
21%
4
21%
3
5%
3
5%
2
2%
2
2%
1
1%
1
1%
Value
4.7
Performance
4.7
Quality
4.6
Comfort
4.5
Reliability
4.7
Styling
4.7

Trending Topics in KBB.com Consumer Reviews

2002 Ford Mustang Styles

Style
Price
Combined Fuel Economy
Horsepower
Engine
Cargo Capacity
Torque
Curb Weight
Deluxe Coupe 2D
$3,962
22 MPG
190 @ 5250 RPM
V6, 3.8 Liter
N/A
220 lb-ft
N/A
Premium Coupe 2D
$4,109
22 MPG
190 @ 5250 RPM
V6, 3.8 Liter
N/A
220 lb-ft
N/A
Coupe 2D
$3,640
22 MPG
190 @ 5250 RPM
V6, 3.8 Liter
7.7 cu ft
220 lb-ft
3066 lbs
GT Deluxe Coupe 2D
$6,749
21 MPG
260 @ 5250 RPM
V8, 4.6 Liter
10.9 cu ft
302 lb-ft
3241 lbs
GT Premium Coupe 2D
$7,321
21 MPG
260 @ 5250 RPM
V8, 4.6 Liter
N/A
302 lb-ft
N/A
See Full Specs for All 2002 Ford Mustang Styles
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2002 Ford Mustang Depreciation

A 2002 Ford Mustang has depreciated $708 or 19% in the last 3 years and has a current resale value of $2,952 and trade-in value of $1,563.

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2002 Ford Mustang
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2002 Ford Mustang Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2022
+ $668
$3,660
$2,456
2023
$617
$3,043
$1,688
2024
$149
$2,894
$1,487
Now
+ $58
$2,952
$1,563
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2-Year Forecasted Depreciation

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

2002 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

Max Seating Capacity
0

Exterior

Alloy Wheels
Available
Number of Doors
2 doors

Fuel Economy

City
19 mpg
Highway
27 mpg
Combined
22 mpg

Mechanical

Drivetrain
RWD
Transmission Type
Automatic
Recommended Fuel
Regular

Performance

Horsepower
190 @ 5250 RPM
Torque
220 @ 2750 rpm
Engine
V6, 3.8 Liter

Seating

  • Leather Seats

2002 Ford Mustang Safety

2002 Ford Mustang Safety Technology

2001 features shown. 2002 may differ.
  • Child Door Locks: Not available
  • Child Seat Anchors
  • Driver Airbag
  • Passenger Airbag
Not Available

Crash Test Rating

Provided by the National Highway Traffic Safety Administration
2001 rating shown. 2002 may differ.
Driver Front
5.0
Passenger Front
5.0
Front Side
3.0
Rear Side
3.0

2002 Ford Mustang Rankings

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FAQs

Is 2002 a good year for a Ford Mustang?

Owners of the vehicle give it 4.6 out of 5 stars. To find out if the 2002 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 2002 a good vehicle?

Owners of the vehicle give it 4.6 out of 5 stars. To find out if the 2002 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 2002 Ford Mustang?

The 2002 Ford Mustang gets 19 mpg in the city and 27 mpg on the highway.

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