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© 1995-2026 Kelley Blue Book Co.®, Inc. All rights reserved.

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HomeFordFord Mustang
2002 Ford Mustang

Used 2002 Ford Mustang

4.6
rating
Consumer
Write a Review
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2002 Ford Mustang Exterior: 0
2002 Ford Mustang Lifestyle: 1
Lifestyle (3)
2002 Ford Mustang Lifestyle: 2
2002 Ford Mustang Exterior: 0

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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 $3,650 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 $9,075 today, originally priced from $29,270.

Original MSRP
KBB Fair Purchase Price (national avg.)
Coupe 2D
$18,100
$3,650
Deluxe Coupe 2D
$18,705
$3,875
Premium Coupe 2D
$19,820
$4,250
GT Deluxe Coupe 2D
$23,845
$7,700
Deluxe Convertible 2D
$23,955
$4,825
GT Premium Coupe 2D
$25,015
$7,525
Premium Convertible 2D
$26,210
$5,025
GT Deluxe Convertible 2D
$28,430
$8,225
GT Premium Convertible 2D
$29,270
$9,075

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 2054 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 to drive

2002 Ford Mustang MPG by Trim

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

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

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

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

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

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

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

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

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

2002 Mustang Safety

2002 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
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New Ford Mustang Deals and Incentives

APR

0% APR | 36 months

0% APR for 36 Months +0 Payments for up to 90 Days + $1,500 Final Days Bonus Cash Plus, Get a Complimentary 2-year Premium Maintenance Plan on a new 2026 Ford Mustang.

See more details

End Date: 08/31/2026
CASH

$3000 Total Cash

$3,000 Cash Back on a new 2026 Ford Mustang EcoBoost.

See more details

End Date: 08/31/2026
LEASE

$399 /mo | 36 months | Due at Signing

Lease a new 2026 Ford Mustang Coupe EcoBoost for $399 /mo. for 36 mos. Ford Credit Red Carpet Lease $999 Cash Due at Signing Security Deposit Waived Taxes, Title, License Fees Extra.

See more details

End Date: 08/31/2026
See All Current Mustang Deals

2002 Ford Mustang
KBB.com Consumer Reviews

4.6
Consumer Rating
Based on 2,054 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 Values and Prices

Style
Trade-In Value
Private Party Value
Fair Purchase Price
Deluxe Convertible 2D
$3,050
$4,150
$4,825
Premium Convertible 2D
$2,000
$4,425
$5,025
GT Deluxe Convertible 2D
$2,975
$7,300
$8,225
GT Premium Convertible 2D
$3,775
$8,050
$9,075
Values above are based on "Good" condition vehicles. Estimated Trade-In Values range from about $2,000 to $3,775 depending on vehicle style. Estimated Private Party Values range from about $4,150 to $8,050 depending on vehicle style. Values and prices are based on national averages and typical mileage for this model, but they can vary greatly according to mileage, condition, location, and other factors. Valid through 8/30/2026.
Trade-In Value
Trade-In Value is the amount you can expect to receive this week when trading in your vehicle at a dealership.
Private Party Value
Private Party Value is the fair price you can expect when selling your car to an individual, not to a dealer.
Fair Purchase Price
Fair Purchase Price shows what others in your area are actually paying for this vehicle.
Style
Trade-In Value
Private Party Value
Fair Purchase Price
Coupe 2D
$2,025
$3,175
$3,650
Deluxe Coupe 2D
$2,450
$3,300
$3,875
Premium Coupe 2D
$1,700
$3,675
$4,250
GT Premium Coupe 2D
$4,125
$6,625
$7,525
GT Deluxe Coupe 2D
$5,900
$6,850
$7,700
Values above are based on "Good" condition vehicles. Estimated Trade-In Values range from about $1,700 to $5,900 depending on vehicle style. Estimated Private Party Values range from about $3,175 to $6,850 depending on vehicle style. Values and prices are based on national averages and typical mileage for this model, but they can vary greatly according to mileage, condition, location, and other factors. Valid through 8/30/2026.
Trade-In Value
Trade-In Value is the amount you can expect to receive this week when trading in your vehicle at a dealership.
Private Party Value
Private Party Value is the fair price you can expect when selling your car to an individual, not to a dealer.
Fair Purchase Price
Fair Purchase Price shows what others in your area are actually paying for this vehicle.
See Full Specs for All 2002 Ford Mustang Styles
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2002 Ford Mustang Depreciation

A 2002 Ford Mustang has a current resale value of $3,175 and trade-in value of $2,025.

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2002 Ford Mustang
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2002 Ford Mustang Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2023
$268
$2,807
$1,809
2024
$34
$2,773
$1,750
2025
$15
$2,758
$1,733
Now
+ $417
$3,175
$2,025
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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

Curb Weight
3208 lbs.
Fuel Capacity
15.7 gallons
Front Head Room
38.0 inches
Front Leg Room
42.6 inches
Max Seating Capacity
4
Overall Length
183.2 inches
Front Shoulder Room
53.6 inches
Towing Capacity, Maximum
1000 lbs.
Trunk or Cargo Capacity
7.7 cu.ft.
Turning Diameter
37.1 feet
Wheel Base
101.3 inches
Width with mirrors
73.1 inches

Exterior

Alloy Wheels
Available
Number of Doors
2 doors
Rear Spoiler
Available

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

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

2002 Ford Mustang Safety

Safety Features & 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
Front Side
2.0
Rear Side
3.0

Compare to Similar Vehicles

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See Details
See Details
See Details
Price
$4,825
$4,400
$4,800
$4,675
KBB.com Rating
N/A
N/A
N/A
2.8
Consumer Rating
4.6
4.8
4.5
4.1
Fuel Economy
City 19/Hwy 27/Comb 22 MPG
City 22/Hwy 27/Comb 24 MPG
City 18/Hwy 27/Comb 21 MPG
City 18/Hwy 27/Comb 21 MPG
Fuel Type
Gas
Gas
Gas
Gas
Seating Capacity4244
Basic Warranty
3 years or 36000 miles
3 years or 36000 miles
4 years or 50000 miles
3 years or 36000 miles
Horsepower
190 @ 5250 RPM
138 @ 6400 RPM
230 @ 6500 RPM
173 @ 6000 RPM
Engine
V6, 3.8 Liter
4-Cyl, 1.8 Liter
6-Cyl, 3.0 Liter
4-Cyl, 2.4 Liter
Drivetrain
RWD
RWD
RWD
FWD

2002 Ford Mustang Rankings

Rank
Vehicles
HP
#1
2009 Nissan Altima
270
#2
2006 Honda Accord
244
#3
2009 Pontiac G6
219
#4
2002 Mercedes-Benz CLK-Class
215
#7
2002 Ford Mustang
190

More Ford Mustang News & Information

General
Ford Custom Garage Wants to Recreate ‘Nike Shoe Drop’ Hype

Ford’s Custom Garage recently debuted new options for the Bronco and other vehicles.

Chris Teague July 27, 2026
Sports Car
Ford Introduces Supercharged Mustang Dark Horse SC

The new Ford Mustang Dark Horse SC borrows some equipment from the track special Mustang GTD at a likely lower price.

Sean Tucker January 15, 2026
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

FAQs

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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