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2002 Ford Mustang

Used 2002 Ford Mustang

4.6
rating
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2002 Ford Mustang Exterior: 0
2002 Ford Mustang Lifestyle: 1
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2002 Ford Mustang Lifestyle: 2
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2026
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 $3,642 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 $7,222 today, originally priced from $29,270.

Original MSRP
KBB Fair Purchase Price (national avg.)
$18,100
$3,642
$18,705
$3,864
$19,820
$4,023
$23,845
$6,974
$23,955
$3,981
$25,015
$7,703
$26,210
$3,820
$28,430
$7,802
$29,270
$7,222

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."

"Great thrill at a great value"

"Looks great, sounds amazing, and is a great value. You won't be the fastest by any means but can still break the rear loose spin the tires and be relatively quick while having a reliable V8 that has loads of aftermarket support. Love the style of the car inside and out. Not a family car seats aren't the best and is almost a little to easy to break the rear in the rain but overall very very good."

"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."

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
  • Value, sound, reliable
  • Great, Fun to drive, sounds powerful.
  • Very fun
  • Fun, reliable, easy to mod, lots of resources

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 Premium Coupe 2D - city 18 MPG - hwy 26 MPG

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

2002 Mustang Safety

2002 Ford Mustang Safety Features

  • Driver Airbag
  • Passenger Airbag
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2002 Ford Mustang
KBB.com Consumer Reviews

4.6
Consumer Rating
Based on 2,048 Consumer Reviews
Write a Review
93%Recommend this vehicle
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

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2002 Ford Mustang Styles

Style
Price
Combined Fuel Economy
Horsepower
Engine
Cargo Capacity
Torque
Curb Weight
Premium Convertible 2D
$3,820
22 MPG
190 @ 5250 RPM
V6, 3.8 Liter
N/A
220 lb-ft
N/A
Deluxe Convertible 2D
$3,981
22 MPG
190 @ 5250 RPM
V6, 3.8 Liter
7.7 cu ft
220 lb-ft
3208 lbs
GT Premium Convertible 2D
$7,222
20 MPG
260 @ 5250 RPM
V8, 4.6 Liter
N/A
302 lb-ft
N/A
GT Deluxe Convertible 2D
$7,802
21 MPG
260 @ 5250 RPM
V8, 4.6 Liter
7.7 cu ft
302 lb-ft
3479 lbs
See Full Specs for All 2002 Ford Mustang Styles
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2002 Ford Mustang Depreciation

A 2002 Ford Mustang has depreciated $240 or 7% in the last 3 years and has a current resale value of $2,883 and trade-in value of $1,476.

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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
$444
$3,123
$1,791
2023
$181
$2,942
$1,558
2024
$13
$2,929
$1,535
Now
$46
$2,883
$1,476
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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

Entertainment

  • CD Player

Seating

  • Leather Seats

2002 Ford Mustang Safety

Safety Features & Technology

  • Driver Airbag
  • Passenger Airbag

2002 Ford Mustang Rankings

More Ford Mustang News & Information

General
A 4-Door Mustang? Ford Looks Serious About This

Ford has applied to patent the name “Mach 4,” another hint that a 4-door Mustang sedan, teased last year, may be coming.

Sean Tucker March 05, 2025
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
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 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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