2004 Ford Mustang: A Legendary Model Year

The 2004 Ford Mustang is a model year that stands out in the history of this iconic American muscle car. With its bold design, impressive performance, and rich heritage, it’s no wonder why the ‘04 Mustang has become a sought-after collector’s item.


Updated November 29, 2023

Brief History of the 2004 Ford Mustang

The 2004 Ford Mustang marks the fifth generation of this legendary pony car, which was first introduced in 1964. With its sleek design, impressive performance, and affordability, the ‘04 Mustang became an instant hit, appealing to both young enthusiasts and seasoned collectors.

2004 ford mustang

Significance of the 2004 Ford Mustang Model Year

The 2004 Mustang holds a special place in the history books as it marked a major turning point for the brand. After years of struggling to regain its footing, Ford revamped the Mustang’s design, performance, and features to appeal to a wider audience. The result was a car that blended classic styling with modern amenities, making it an attractive option for both new and used car buyers.

Design and Styling of 2004 Ford Mustang

The 2004 Mustang’s design was a significant departure from its predecessors. With a more angular and aggressive stance, the ‘04 Mustang featured a distinctive grille, flared fenders, and a swooping roofline that gave it a sporty, aerodynamic appearance. The car’s styling cues were inspired by classic Mustangs from the 1960s and 1970s, while its modern amenities kept pace with contemporary trends.

Color Options and Trim Levels

The 2004 Mustang was available in seven colors: Torch Red, Silver Metallic, Black Clearcoat, Arctic White, Performance White, Laser Red Clearcoat, and Championship White. The car came in three trim levels: Base, GT, and Bullitt.

Performance and Specifications

The ‘04 Mustang offered a range of engine options, including:

  • 3.8L V6 producing 190 horsepower
  • 4.2L V8 producing 260 horsepower (GT)
  • 4.6L V8 producing 310 horsepower (Bullitt)

Transmission options included a five-speed manual and a four-speed automatic.

Engine Options for the 2004 Ford Mustang

The 2004 Mustang offered three engine options:

  • 3.8L V6: A fuel-efficient base engine that provided decent performance
  • 4.2L V8 (GT): A high-performance engine designed for the GT trim level, producing 260 horsepower and 300 lb-ft of torque
  • 4.6L V8 (Bullitt): The top-of-the-line engine option, available only on the Bullitt trim level, which produced 310 horsepower and 325 lb-ft of torque

Horsepower and Torque Ratings for the 2004 Ford Mustang

The 2004 Mustang’s engine options produced the following ratings:

  • 3.8L V6: 190 horsepower @ 4500 rpm, 220 lb-ft of torque @ 2750 rpm
  • 4.2L V8 (GT): 260 horsepower @ 4750 rpm, 300 lb-ft of torque @ 3250 rpm
  • 4.6L V8 (Bullitt): 310 horsepower @ 5250 rpm, 325 lb-ft of torque @ 3750 rpm

Transmission Options

The ‘04 Mustang came with two transmission options:

  • Five-speed manual: Available on all trim levels except the Base convertible
  • Four-speed automatic: Standard on the Base convertible and available as an option on other trim levels

Variants and Special Editions

2004 ford mustang

In addition to the standard GT trim level, Ford offered several special edition models in 2004, including:

  • Bullitt: A high-performance model with a unique engine tune and sport-tuned suspension
  • Mach 1: A limited-production model featuring a unique stripe package and performance upgrades
  • California Special Edition (CSE): A special edition model designed for the West Coast market

Fastback, Convertible, and Coupe Body Styles

The 2004 Mustang was available in three body styles:

  • Coupe: A two-door fastback with a sloping rear deck
  • Convertible: A soft-top convertible with a power-operated top
  • GT Coupe: A two-door coupe with a fixed roof and sport-tuned suspension

GT Equipment Package

The GT Equipment Package added several performance-oriented features to the GT trim level, including:

  • Unique engine tune with 260 horsepower
  • Sport-tuned suspension
  • 17-inch aluminum wheels
  • Performance-tuned tires
  • Limited-slip rear differential

Impact on the Automotive Industry

The 2004 Mustang’s impact was significant, as it helped revitalize interest in American muscle cars. Its success also influenced other manufacturers to revisit and update their own classic designs.

Sales Figures and Popularity

The ‘04 Mustang was a commercial success, with over 124,000 units sold in the United States alone. Its popularity can be attributed to its aggressive styling, impressive performance, and affordability.

Influence on Competitor Models

The 2004 Mustang’s influence extended beyond Ford’s own lineup, as it inspired other manufacturers to create their own retro-style muscle cars. The Pontiac GTO, Dodge Challenger, and Chevrolet Camaro are just a few examples of the many models that followed in the ‘04 Mustang’s footsteps.

Collectibility and Value of 2004 Ford Mustang

Today, the 2004 Mustang is highly sought after by collectors and enthusiasts alike. Its rarity, combined with its performance capabilities and iconic styling, make it an attractive option for those looking to own a piece of automotive history.

Current Market Value:

  • Base model (good condition): $6,000 - $8,000
  • GT model (good condition): $8,000 - $12,000
  • Bullitt model (good condition): $10,000 - $15,000
  • Limited edition models (e.g., Mach 1, CSE): $12,000 - $20,000

Buying Guide:

When purchasing a 2004 Ford Mustang, look for the following key features:

  • Check the engine for any signs of wear or damage
  • Inspect the transmission for smooth shifting and proper function
  • Verify the suspension is in good condition, with no signs of wear or sagging
  • Check the brakes for proper function and pad wear
  • Review any service records or maintenance history

By following these guidelines and considering the current market value, you can find a 2004 Ford Mustang that meets your needs and fits your budget.

Conclusion: The 2004 Ford Mustang is an iconic model year that embodies the spirit of American muscle cars. With its bold design, impressive performance, and rich heritage, it’s no wonder why this car remains highly sought after by collectors and enthusiasts alike. Whether you’re a seasoned collector or just starting your automotive journey, the ‘04 Mustang is an excellent choice for anyone looking to own a piece of automotive history.

2004 ford mustang