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2004 Ford Mustang

Used 2004 Ford Mustang

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4.6
rating
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2004 Ford Mustang Exterior: 0
2004 Ford Mustang Lifestyle: 1
Lifestyle (10)
2004 Ford Mustang Lifestyle: 2
2004 Ford Mustang All Media: 1

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2025
2004
Fuel Economy
18 - 20 combined mpg
Horsepower
193 - 390 hp
Engine
5 engines available
Engine Options
  • V6, 3.8 Liter
  • V6, 3.9 Liter
  • V8, 32V, 4.6 Liter
  • V8, 4.6 Liter
  • V8, Supercharged, 4.6L
Cargo Volume
7.7 - 10.9 cu ft
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2004 Ford Mustang Overview

2004 Ford Mustang Pricing

2004 Ford Mustang pricing starts at $4,325 for the Mustang Coupe 2D, which had a starting MSRP of $18,775 when new. The range-topping 2004 Mustang Cobra SVT Convertible 2D starts at $14,258 today, originally priced from $39,575.

Original MSRP
KBB Fair Purchase Price (national avg.)
Coupe 2D
$18,775
$4,325
$19,505
$4,925
$20,160
$5,565
$24,300
$7,958
$24,510
$5,435
$25,470
$7,738
$26,635
$5,669
$28,640
$7,822
$29,810
$7,677
$29,875
$11,931
$35,485
$17,809
$39,575
$14,258

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 2004 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 2004 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 2004 Ford Mustang Quality

User sentiment suggests the overall quality of the 2004 Ford Mustang is above average for its class. Owners rated the 2004 Ford Mustang quality a 4.6 out of 5.

2004 Ford Mustang Reliability

The 2004 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 2004 Mustang Features

According to drivers of the 2004 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!

2004 Ford Mustang MPG by Trim

2004 Mustang Deluxe Convertible 2D - city 17 MPG - hwy 25 MPG

2004 Mustang GT Premium Coupe 2D - city 17 MPG - hwy 24 MPG

2004 Mustang GT Deluxe Convertible 2D - city 17 MPG - hwy 24 MPG

2004 Mustang GT Deluxe Coupe 2D - city 17 MPG - hwy 24 MPG

2004 Mustang Mach 1 Premium Coupe 2D - city 15 MPG - hwy 23 MPG

2004 Mustang Cobra SVT Convertible 2D - city 15 MPG - hwy 22 MPG

2004 Mustang Safety

NHTSA Safety Rating

According to the National Highway Traffic Safety Administration (NHTSA), the 2004 Ford Mustang front-side driver crash test rating is 5 out of 5 stars. The front-side passenger crash test rating is 5 out of 5.

2004 Ford Mustang Safety Features

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

2004 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

2004 Ford Mustang Styles

Style
Price
Combined Fuel Economy
Horsepower
Engine
Cargo Capacity
Torque
Curb Weight
Coupe 2D
$4,325
N/A
193 @ 5500 RPM
V6, 3.8 Liter
10.9 cu ft
225 lb-ft
3290 lbs
Deluxe Coupe 2D
$4,925
N/A
193 @ 5500 RPM
V6, 3.8 Liter
10.9 cu ft
225 lb-ft
3290 lbs
Premium Coupe 2D
$5,565
N/A
193 @ 5500 RPM
V6, 3.8 Liter
10.9 cu ft
225 lb-ft
3290 lbs
GT Premium Coupe 2D
$7,738
19 MPG
260 @ 5250 RPM
V8, 4.6 Liter
10.9 cu ft
302 lb-ft
3347 lbs
GT Deluxe Coupe 2D
$7,958
19 MPG
260 @ 5250 RPM
V8, 4.6 Liter
10.9 cu ft
302 lb-ft
3347 lbs
Mach 1 Premium Coupe 2D
$11,931
18 MPG
310 @ 5800 RPM
V8, 32V, 4.6 Liter
10.9 cu ft
335 lb-ft
3469 lbs
Cobra SVT Coupe 2D
$17,809
N/A
390 @ 6000 RPM
V8, Supercharged, 4.6L
10.9 cu ft
390 lb-ft
3665 lbs
See Full Specs for All 2004 Ford Mustang Styles
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2004 Ford Mustang Depreciation

A 2004 Ford Mustang has depreciated $376 or 10% in the last 3 years and has a current resale value of $3,284 and trade-in value of $1,911.

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2004 Ford Mustang
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2004 Ford Mustang Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2022
+ $394
$3,660
$2,368
2023
$289
$3,371
$2,025
2024
$69
$3,302
$1,937
Now
$18
$3,284
$1,911
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2-Year Forecasted Depreciation

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

2004 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

Curb Weight
3290 lbs.
EPA Passenger
83.0 cu.ft.
EPA Total Interior
93.9 cu.ft.
Fuel Capacity
15.7 gallons
Front Head Room
38.1 inches
Front Leg Room
42.6 inches
Max Seating Capacity
4
Overall Length
183.2 inches
Front Shoulder Room
53.6 inches
Trunk or Cargo Capacity
10.9 cu.ft.
Turning Diameter
37.1 feet
Wheel Base
101.3 inches
Width with mirrors
73.1 inches

Exterior

Alloy Wheels
Available
Moon Roof/Sun Roof
Available
Number of Doors
2 doors
Rear Spoiler
Available

Mechanical

Drivetrain
RWD
Transmission Type
Automatic

Performance

Horsepower
193 @ 5500 RPM
Torque
225 @ 2800 rpm
Engine
V6, 3.8 Liter

Warranty

Basic
3 years / 36000 miles
Powertrain
3 years / 36000 miles
Corrosion
5 years / Unlimited miles

Entertainment

  • DVD Entertainment System
  • MP3 Player
  • CD Player

Interior

  • Power Windows
  • Tilt Steering Wheel

Seating

  • Leather Seats
  • Dual Power Front Seats
  • Power Driver's Seat

Technology

  • Cruise Control
  • Hands Free Phone
  • Navigation System

2004 Ford Mustang Safety

2004 Ford Mustang Safety Technology

  • Child Door Locks: Not available
  • Child Seat Anchors
  • Driver Airbag
  • Passenger Airbag
  • Rear Side Airbag
  • Front Side Airbag
Not Available

Crash Test Rating

Provided by the National Highway Traffic Safety Administration
Driver Front
5.0
Passenger Front
5.0
Front Side
3.0
Rear Side
3.0
Rollover Rating
5.0

2004 Ford Mustang Rankings

More Ford Mustang News & Information

General
Electric Mustang Mach-E Outsold Mustang in 2024

Ford’s Mustang Mach-E electric SUV outsold the traditional gas-powered Mustang in 2024.

Sean Tucker January 10, 2025
General
Ford Mustangs Recalled for Blank Instrument Panels

Ford has recalled 6,212 Mustang 2-doors from model year 2024 because their driver’s instrument screens can go blank without warning.…

Sean Tucker November 05, 2024
Exotics
Ford Drops Details on GTD, the Über-Mustang

Ford has built a Mustang every year since 1964, but they’ve never built anything quite like the 2025 Ford Mustang…

Sean Tucker September 16, 2024

FAQs

Is 2004 a good year for a Ford Mustang?

Owners of the vehicle give it 4.6 out of 5 stars. To find out if the 2004 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 2004 a good vehicle?

Owners of the vehicle give it 4.6 out of 5 stars. To find out if the 2004 Mustang is the right car for you, check out the pros and cons, trims, specs and options at Kelley Blue Book.

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