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1994 - 2004 Mustang
An updated version of Ford's Fox platform led the way for the fourth generation Mustang, which got an all-new rounded look for 1994. The 5.0L engine returned again, but a 3.8 V6 was also available, and later models received two versions of Ford's modular 4.6L V8: an overhead cam version for the GT, and a dual-overhead (and later supercharged) version for the SVT Cobra.

1999 saw a styling update, which added some harder contours and coincided with the Mustang's 40th anniversary, and later years saw the addition of several other option packages, such as the Cobra R, Bullitt edition, and the Mach 1.
Pricing Details by Keith Martin
Generation Info Rating
Years Made1994-2004 ReliabilityReliability
Number Made3,384,605 Maintenance CostsMaintenance Costs
Max Power145 hp hp to 390 hp Parts and SupportParts and Support
Max Speed100-155 mph Market AppealMarket Appeal
Current Market Prices
$7,000
Fair
$10,000
Good
$16,500
Excellent
Auction Results from Collector Car Price Tracker
Visit CollectorCarPriceTracker.com for 1994 - 2004 Mustangs auction pricing information:
Individual auction salesAverage sales price over timeNumber of sales per monthModel years by popularity

Most Watched 1994 - 2004 Mustangs

2004 Ford Mustang
$21,500.00
10h 56m
1997 Ford Mustang
$7,500.00
9d 3h 15m
2000 Ford Mustang
$2,325.00
2d 11h 56m
2003 Ford Mustang
$20,200.00
2h 35m
2004 Ford Mustang
$24,988.00
5d 10h 4m
1996 Ford Mustang
$3,401.00
4h 3m
2001 Ford Mustang
$8,000.00
2d 9h 59m
2001 Ford Mustang
$15,100.00
2d 6h 45m
2003 Ford Mustang
$10,001.00
2d 4h 56m
2004 Ford Mustang
$18,000.00
1d 23h 34m
1994 Ford Mustang
$4,400.00
15m
1995 Ford Mustang
$1,999.00
2d 6h 40m