The 2004 Ford Mustang is a rear-wheel-drive sports coupe/convertible that seats four people. It’s meant for car enthusiasts, especially those who were fans of the legendary “pony car” Mustang, which dates back to 1964.
What Makes It Unique?
The 2004 model year marked the Mustang’s 40th anniversary, and that’s noted with specific badges on the fenders. It’s available with a V6 engine, for those who prefer more show than go, or with any of three rip-roaring V8s.
Mustang vs. Other Fords
For 2004, the Mustang shared showroom space with Ford’s other two-door car, the retro-styled Thunderbird, and a few more-practical models, like the Focus, Taurus and Crown Victoria.
Ford Mustang vs. Competition
There was a rather limited range of affordable sports cars for 2004. General Motors had halted production of the Chevrolet Camaro and Pontiac Firebird, and Dodge had not yet reintroduced the Challenger:
Nissan 350Z: The two-seat “Z” coupe/convertible packs a go-fast V6 engine and offers both precise handling and head-turning good looks, with a wide model line.
Mitsubishi Eclipse: Mitsubishi’s curvy sports car was offered in coupe and Spyder convertible models, with either a tepid 4-cylinder engine or a more-rousing V6.
Mazda RX-8: New for 2004, Mazda’s sophisticated sports coupe is distinguished by its rotary engine and small rear clamshell doors, which make access to the backseat easier.
Infiniti G35 Coupe: A more luxury-oriented version of the Nissan 350Z coupe, with which it shares a platform and engines. Unlike the Z, the Infiniti has a backseat.
Is the 2004 Model Year Right for You?
Changes for 2004
“40th Anniversary” fender badges
Exterior and interior upgrades
Mechanical tweaks for V6 and V8 engines
Improved window seals for a quieter ride
2004 Ford Mustang vs. Older Mustangs
The fourth-generation Ford Mustang ran from 1994 through the 2004 model year, with a styling refresh for 1999 and nominal improvements along the way. That’s a decade worth of similar Mustang models from which to choose. The car was redesigned for 2005, with throwback styling that harked back to the original 1964 iteration.
*The EPA uses a mixture of highway and city driving for its combined estimate.
Compared to the class? It’s about average among V6/V8 sports cars of the time.
2004 Ford Mustang Safety Ratings & Features
The 2004 Mustang received five out of five stars in the National Highway Traffic Safety Administration’s front crash tests, but only three stars for side-impact protection. It was not crash-tested by the Insurance Institute for Highway Safety. The 2004 Mustang predates the latest accident-avoidance systems (even antilock brakes and traction control were optional) and did not offer side-impact airbags, as many models of the time did.
Key Standard Features
Federally mandated front-mounted airbags for the driver and front passenger
2004 Ford Mustang Interior
Cabin Storage and Features
Cupholders: 2 front
Glove compartment, storage in center console under armrest
Compared to the class? It’s the minimum expected for the class.
Coupe: 10.9 cubic feet
Convertible 7.7 cubic feet
Compared to the class? Sport coupes and convertibles are not usually known for their generous cargo holds, but at least you could fit a pair of golf bags in the trunk.
Compared to the class? Front-seat room is sufficient even for taller drivers, but it’s prohibitively tight in the backseat, which is really only useful as a padded cargo shelf.
2004 Ford Mustang Warranty
The 2004 Mustang was originally covered by a 3-year/36,000-mile warranty that is no longer in effect.
I am very pleased with my mustang it has almost 175,000 miles now and has never used one drop of oil
"For a six-cylinder it still runs great, I don't drive it hard and had few repairs from normal wear and tear like new tires, battery, and rear shocks" Read Less
by Stang Lover on February 1, 2020
04 Stang Obsessed
"Just love this year. Found a rare Competition Orange Convertible GT. Runs great and these 40th Anniversary GTs just have a classic look to them. No matter how old they get.. they still demand attention. Love it. Now i need to add a few more years to my collection.... 13, 08, 95, 92, 67, ... " Read Less
CARFAX Info for 2004 Ford Mustang
CARFAX offers millions of used cars for sale nationwide. Every listing includes the vehicle history. The data below is updated daily, based on used car inventory for sale on CARFAX.
2004 Ford Mustang Deals on CARFAX
Percentage of 2004 Ford Mustang for sale on CARFAX that are Great, Good, and Fair Value deals. Values are determined by whether the selling price is above, below, or the same as the history-based CARFAX Value.
VEHICLE HISTORY SUMMARY
The Vehicle History Summary represents the percentage of cars available for sale on CARFAX that are reported to have no accidents or damage, had 1-owner, been used as a personal or personal lease car, and/or have service history information.
No Accidents or Damage Reports
2004 Ford Mustang Pricing
The Manufacturer's Suggested Retail Price (MSRP) is the "sticker price" for this vehicle, including optional equipment, when it was new.
The price range for the 2004 Ford Mustang is $4,450 - $19,980.
The average selling price is $8,738.
The data below is updated daily, based on used car inventory for sale on CARFAX.
Price range and average selling price are based on the median selling price while CARFAX Value is a VIN-specific value based on the vehicle's history.
$18,775 - $29,875
This is the price range for the 2004 Ford Mustang based on used car inventory for sale on CARFAX.
$4,450 - $19,980
Average Selling Price
This is the range of CARFAX Values for the 2004 Ford Mustang on used car inventory for sale on CARFAX.
CARFAX Vehicle History products and services are based only on information supplied to CARFAX. CARFAX does not have the complete history of every vehicle. Use the CARFAX search as one important tool, along with a vehicle inspection and test drive, to make a better decision about your next used car.