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Ford

Ford - Mustang (2004)

Discover the timeless allure of the legendary Ford Mustang with a quick glance at the 2004 model’s pricing landscape. For enthusiasts and potential buyers alike, the word “Ford Mustang price” evokes desire—yet the exact value varies by trim, mileage, condition, and market forces. Understanding how a Ford Mustang 2004 price stacks up against contemporary cruisers, and knowing the classic’s depreciation curve, will equip you to make an informed decision about this iconic sports coupe.

Below is a concise yet comprehensive snapshot of the 2004 Mustang’s key specifications that influence its market value. By examining each element, you can better gauge why certain listings command higher prices, and how the model’s strengths stack against competing vehicles.

  • Engine: 4.6L V8 (250 hp, 280 lb-ft torque) – The base engine delivers punch and traditional muscle car performance.
  • Transmission: 5‑speed manual (standard), optional 6‑speed automatic – Driver choice adds versatility but may shift pricing tiers.
  • Fuel Type: Regular unleaded gasoline – Standard consumption around 13–17 mpg (city/highway).
  • Dimensions:
    • Length: 190.1 inches
    • Width: 66.0 inches
    • Height: 55.9 inches
    • Wheelbase: 111.0 inches
  • Themes: Available in “Sport”, “GT”, and “Bullitt” trims; each offers distinct styling cues and standard equipment.
  • Interior: Cloth seats (Sport/GT), leather upholstery (Bullitt), climate control, Cruise Control, optional Bose audio.
  • Safety: Dual front airbags, ABS, traction control; optional side curtain airbags and electronic stability control in later models.
  • Performance Features: Rear‑wheel drive, 4‑wheel disc brakes, optional performance suspension upgrades.

With specifications set, let’s turn to the inevitable question of value over time: Ford Mustang depreciation. While every car’s decline is shaped by individual circumstances, typical patterns help frame realistic price expectations.

  • First‑year depreciation: The 2004 Mustang, like most mid‑tier sports coupes, usually loses 15‑20% of its value within the first 12 months when no major mechanical issues arise.
  • Two‑year mark: From the original purchase price, depreciation tends to total between 25‑35%, assuming average mileage and normal wear.
  • Five‑year horizon: By the five‑year point, a well‑maintained 2004 Mustang may have shed roughly 40‑50% of its original value, depending on market shifts and collector interest.
  • Tenth‑year long tail: While the vehicle’s use value continues to depreciate, its historical significance can temper declines—one in many cases retaining 30–35% of its initial worth.

These percentages are broad approximations; precise figures vary based on locale, mileage, accident history, and owner upkeep. If you’re evaluating a used Mustang, understanding these trends clarifies whether a quoted “used Ford Mustang price” is competitive or inflated.

Comparisons shed further light on where the 2004 Mustang sits amid its peers. Consider the following snapshot of comparable models on the used car market.