Used 2004 Ford Mustang
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2004 Ford Mustang Overview
2004 Ford Mustang Pricing
2004 Ford Mustang pricing starts at $4,500 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 $22,500 today, originally priced from $39,575.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
|---|---|---|---|---|
$18,775 | $4,500 | |||
$19,505 | $4,550 | |||
$20,160 | $5,100 | |||
$24,300 | $7,300 | |||
$24,510 | $4,900 | |||
$25,470 | $8,300 | |||
$26,635 | $5,800 | |||
$28,640 | $9,500 | |||
$29,810 | $9,700 | |||
$29,875 | $16,750 | |||
$35,485 | $22,500 | |||
$39,575 | $22,500 |
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 2055 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."
"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 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
- Value, sound, reliable
- Great, Fun to drive, sounds powerful.
- Very fun
- Fun to drive
2004 Ford Mustang MPG by Trim
2004 Mustang Deluxe Convertible 2D - city 17 MPG - hwy 25 MPG
2004 Mustang GT Deluxe Coupe 2D - city 17 MPG - hwy 24 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 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
2004 Ford Mustang Safety Features
- Child Door Locks: Not available
- Child Seat Anchors
- Driver Airbag
- Passenger Airbag
- Rear Side Airbag
- Front Side Airbag
New Ford Mustang Deals and Incentives
3.9% APR | 60 months
3.9% APR for 60 mos.Ford Credit Financing+ $2,000 Bonus Cash on a new 2026 Ford Mustang Mach-E.
$2500 Total Cash
$2,500 Cash Back on a new 2026 Ford Mustang EcoBoost.
$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 $1398 Cash Due at Signing Security Deposit Waived Taxes, Title, License Fees Extra.
2004 Ford Mustang
KBB.com Consumer Reviews
Trending Topics in KBB.com Consumer Reviews
2004 Ford Mustang Values and Prices
Style | Trade-In Value | Private Party Value | Fair Purchase Price | ||
|---|---|---|---|---|---|
$2,275 | $4,250 | $4,900 | |||
$1,775 | $5,075 | $5,800 | |||
$6,600 | $8,375 | $9,500 | |||
$7,700 | $8,600 | $9,700 | |||
- | $20,100 | $22,500 |
Style | Trade-In Value | Private Party Value | Fair Purchase Price | ||
|---|---|---|---|---|---|
$3,000 | $3,925 | $4,500 | |||
$1,350 | $3,950 | $4,550 | |||
$2,650 | $4,525 | $5,100 | |||
$5,550 | $6,450 | $7,300 | |||
$5,550 | $7,250 | $8,300 | |||
$12,700 | $14,950 | $16,750 | |||
- | $20,700 | $22,500 |
2004 Ford Mustang Depreciation
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2004 Ford Mustang Annual Depreciation
Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
|---|---|---|---|---|---|
2023 | $334 | $3,355 | $2,015 | ||
2024 | $35 | $3,320 | $1,955 | ||
2025 | $32 | $3,288 | $1,919 | ||
Now | + $637 | $3,925 | $3,000 |
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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 | 3204 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 | ||
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 | 17 mpg | ||
|---|---|---|---|
Highway | 25 mpg | ||
Combined | 20 mpg |
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
Interior
Seating
Technology
2004 Ford Mustang Safety
Safety Features & Technology
Crash Test Rating
Compare to Similar Vehicles
 Used 2004 Ford Mustang |  Used 2012 FIAT 500 |  Used 2011 Saab 9-3 |  Used 2010 Chrysler Sebring | ||
|---|---|---|---|---|---|
| Price | $4,900 | $4,950 | $5,050 | $4,000 | |
| KBB.com Rating | N/A | 3.6 | N/A | N/A | |
| Consumer Rating | 4.6 | 4.4 | 4.4 | 4.0 | |
| Fuel Economy | City 17/Hwy 25/Comb 20 MPG | City 27/Hwy 32/Comb 29 MPG | City 19/Hwy 27/Comb 22 MPG | City 16/Hwy 27/Comb 20 MPG | |
| Fuel Type | Gas | Gas | Gas | Gas | |
| Seating Capacity | 4 | 4 | 4 | 4 | |
| Basic Warranty | 3 years or 36000 miles | 4 years or 50000 miles | 4 years or 50000 miles | 3 years or 36000 miles | |
| Horsepower | 193 @ 5500 RPM | 101 @ 6500 RPM | 210 @ 5500 RPM | 235 @ 6400 RPM | |
| Engine | V6, 3.8 Liter | 4-Cyl, 1.4 Liter | 4-Cyl, Turbo, 2.0 Liter | V6, HO, 3.5 Liter | |
| Drivetrain | RWD | FWD | FWD | FWD |
2004 Ford Mustang Rankings
More Ford Mustang News & Information
Ford’s Custom Garage recently debuted new options for the Bronco and other vehicles.
The new Ford Mustang Dark Horse SC borrows some equipment from the track special Mustang GTD at a likely lower price.
Ford has applied to patent the name “Mach 4,” another hint that a 4-door Mustang sedan, teased last year, may be coming.