2002 Ford Mustang Reviews, Pricing & Specs







































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































Overview
The 2002 Ford Mustang gave more choices to its fans: new colors, new radios, and new packages with new stripes. The engine choices were...
The 2002 Ford Mustang gave more choices to its fans: new colors, new radios, and new packages with new stripes. The engine choices were pared down a bit, as the Cobra was not offered in this model year, with Ford instead choosing to build up for the 2003 release.
The standard engine was a 3.8-liter OHV V6, rated at 193 horsepower, while the GT was offered with a 4.6-liter SOHC V8, rated at 260 horsepower. The Saleen earned a 285-horsepower rating, but was, of course, intended to be tuned. A Series V twin-screw supercharger could give the machine over 425 horses!

What owners say
"Overall, Mustang owners from 2002 share a love for the car's classic styling and performance. They particularly appreciate its fun driving experience, robust acceleration, and unique looks. However, many drivers express concerns about power, particularly in the V6 models, and some report issues with handling in wet conditions. The interior could also use improvements, with many finding it somewhat cramped and basic."
I really like the gas mileage, the sporty ride & using it in the summertime with the top down. I love the sound system & leather interior. I especially love the looks & nice comments about it. Makes me feel proud. Fine car
March 19, 2015love this car, excellent power, decent track car, fantastic daily driver, it looks mean and sounds even meaner, inexpensive up keep, handles like a dream, really fun to drive, abs brakes is where its at, no squeaks or rattles, just love it
December 26, 2011this car has great torgue to go along with the good handling and i love how it sounds. the exterior and interior are immaculate. it has been garaged all of its life. it gets 17 miles per gallon in the city and 24 on the highway. this is an awesome car to drive i love that it is a five speed.
April 18, 2011What owners say
I really like the gas mileage, the sporty ride & using it in the summertime with the top down. I love the sound system & leather interior. I especially love the looks & nice comments about it. Makes me feel proud. Fine car
March 19, 2015love this car, excellent power, decent track car, fantastic daily driver, it looks mean and sounds even meaner, inexpensive up keep, handles like a dream, really fun to drive, abs brakes is where its at, no squeaks or rattles, just love it
December 26, 2011this car has great torgue to go along with the good handling and i love how it sounds. the exterior and interior are immaculate. it has been garaged all of its life. it gets 17 miles per gallon in the city and 24 on the highway. this is an awesome car to drive i love that it is a five speed.
April 18, 2011Unreal car. Easily the best car I have ever driven.
April 7, 2008Powerful and stylish, it was easily the best choice for the money. If you were looking for a sporty car that seated four passengers (four adults if all in shape) and was a smooth ride. i give this vehicle a five star rating and hope to see a model like this return.
June 19, 2009I own this Mustang, it is a reliable car with plenty of power to go along with it. My car has a K&N air filter, MAC ofroad h-pipe, flowmaster 40 seroes american thunder exhaust system, hypertech computer programer, 180 degree thermostat abd a NOS dry nitous kit.
May 17, 2008Great little sports car for the price. Parts are easily accesable. Gets about 22 MPG average. Is comfortable on the road, even on long trips. Highway mileage has been as good as 28 MPG. Definately not a family car. Very lettle room in the back seat and if you have a good bit of cargo, you have to fill the back seat, trunk is very small.
October 8, 2014The Mustang GT's performance is good, acceleration will out do your average sports car and overall handling is satisfactory. Mustangs one down fall is the stock brake system, it is horrible and not a good fit for the cars power and weight. I could not have asked for a more reliable sports car. I have a 2002 with not one problem or one repair needed since having it. Car feels and sounds soilid, with the convertible top up, outside noises are minimal, although the engine roar can be heard throughout the cabin. Even though I have an older Generation, I have people stop me on the road to compliment on its looks. This car is definetly a head turner. Interior styling won't disappoint when you decide to drop the top. Black leather with horse symbol accents throughout the car make the cheap off color accents of a chevy seem just plain sad. Cost of maintenance is reasonable, gas mileage is whats expected for an 8cyl. I average 18-20Mpg spirited driving. Overall if you are looking for a good priced sports car with power; mustang is your choice. Between the sporty styling and aggressive behavior on the road, this car will never let you loose interest.
January 7, 2010Good performance, both engine and suspension. It brakes very well also. Very little squeaks and rattles, so i would say it has good build quality. Looks great. Doesn't cost much. It is really fun to drive. I love this car.
September 14, 2009Performance - When I first bought it, it was a little lacking in power. After port polishing, uper intake manifold work, new throttlebody, cold air kit, aluminum flywheel, spec stage 2 clutch, aluminum driveshaft, limited slip diff, cat delete and glasspacks... it beat a 2006 mustang Gt. Last 0-60 run was 5.5 sec.. handles ok on the track, a little too much body roll for my liking but nothing that new springs and shocks couldn't fix. Build Quality - Interior is very nice, but loud. No major repairs needed (only 47k miles). Brakes squeak sometimes. Appearance - It has the rare Strawberry red wich really makes it stand out. Interior is very basic.. it is meant to be driven. Cost of Ownership - Gas mileage is excelent , 30 city, 35-40 highway.. on unleaded. Only major maintnenance I had to deal with was a new clutch because it started to rip the old one apart after I added too much power. Fun Factor - This car is excellent to drive.. loud, fast, and cheap. Perfect car for an 18 year old on a budget.
March 29, 2009Trims & specs
Base MSRP $18,080 | Seating 4 |
Engine 3.8L 193 hp V6 | Cargo Capacity 10.9 cu ft |
Combined MPG 24 | Drivetrain RWD |
Base MSRP $23,625 | Seating 4 |
Engine N/A | Cargo Capacity 0.0 cu ft |
Combined MPG N/A | Drivetrain N/A |
Base MSRP $28,645 | Seating 4 |
Engine 4.6L 260 hp V8 | Cargo Capacity 7.7 cu ft |
Combined MPG 22 | Drivetrain RWD |
Base MSRP $25,585 | Seating 4 |
Engine 3.8L 193 hp V6 | Cargo Capacity 7.7 cu ft |
Combined MPG 23 | Drivetrain RWD |
Base MSRP $24,390 | Seating 4 |
Engine 4.6L 260 hp V8 | Cargo Capacity 10.9 cu ft |
Combined MPG 22 | Drivetrain RWD |
Base MSRP $18,100 | Seating 4 |
Engine 3.8L 190 hp V6 | Cargo Capacity 0.0 cu ft |
Combined MPG 22 | Drivetrain RWD |
Base MSRP $19,195 | Seating 4 |
Engine 3.8L 193 hp V6 | Cargo Capacity 10.9 cu ft |
Combined MPG 24 | Drivetrain RWD |
Base MSRP $28,100 | Seating 4 |
Engine 4.6L 260 hp V8 | Cargo Capacity 7.7 cu ft |
Combined MPG 19 | Drivetrain RWD |
Base MSRP $28,100 | Seating 4 |
Engine N/A | Cargo Capacity 0.0 cu ft |
Combined MPG N/A | Drivetrain N/A |
Base MSRP $23,845 | Seating 4 |
Engine 4.6L 260 hp V8 | Cargo Capacity 10.9 cu ft |
Combined MPG 19 | Drivetrain RWD |
Base MSRP $23,845 | Seating 4 |
Engine N/A | Cargo Capacity 0.0 cu ft |
Combined MPG N/A | Drivetrain N/A |
Base MSRP $23,625 | Seating 4 |
Engine 3.8L 190 hp V6 | Cargo Capacity 7.7 cu ft |
Combined MPG 22 | Drivetrain RWD |
Pricing trends
MSRP range
$18,080 - $28,645
Current avg. market price
$11,850
Trending down by 0.3% this month
May 2026 - October 2026






