I know this is like a broken record but again Ford didn’t do a whole lot to change the Basic Mustang Package. Boring. In other news, this was the last year Ford used the 5.0L V-8 in the Mustang. In future models, Ford incorporated a 4.6L engine. In 1995, Ford released a stripped down version of the GT Mustang, named the GTS. It featured all the performance parts of the GT without the flashy styling accessories. The most exciting part of 1995 was Ford reviving the Cobra R, producing 250 cars powered by a monster 5.8-liter Windsor. Sales jumped by 62,000 cars to almost 186,000 for the 1995 model year.
The year after a big update was usually quiet for Ford and they followed the same script for the 1995 Mustang. The 1995 Mustang was again available as a 2 door coupe or a 2 door convertible. A GT coupe and a GT convertible was available and the Ford special vehicles team produced a solid SVT Mustang Cobra with a 5.0 Liter V8 which produced 240 horsepower. While these “base” cars got few changes from prior year, Ford did play around with some tasty new model variants that got us excited at the time.
By 1995 there was a meaningful $4,000 price gap between the base V6 Mustang and the more exciting V8 GT. Interestingly, sales of the base model and V8 models were nearly split 50/50 so the folks at Ford spotted an opportunity. Enthusiasts will remember the success and “perfectness” of the LX 5.0 models from a half-decade earlier and Ford copied that formula, launching the Mustang GTS. The GTS was a stripped down V8 GT model. It did not have the handling package, but did have the sports seats, rear spoiler and fog lamps.
While we are on special cars, Ford went ahead and built 250 Cobra R Mustangs, bringing back a famous name at the same time. The 1995 Cobra R, which originates from the SVT was the most intense factory Mustang to date. Originally built for the track, it was equipped with a competition suspension, fettled 5.8 liter V8 and no air conditioning, no back seats, and no stereo, all to save weight. You also needed a valid competition license from a sanctioned racing body is required in order to purchase one. Its 300-horsepower/365 foot-pounds of torque make its presence clearly known.
The 1995 Mustang base models did get some small things we should mention now. The convertible got a new package as well. The convertible hardtop. I always did like that feature since whenever I used to park my convertible I worried about the top being slashed, radio missing and other insignificant things like that. The standard 1995 Mustang interior was unchanged from 1994, and the new GTS model sported the standard V6 interior options, rather than the upgraded GT interior, except for the GT’s 150 mph speedometer.
In the engine bay things got more interesting for the 1995 model year Mustangs. The base engine continued to be the 3.8 liter V6 and its 145 horsepower was unchanged versus the prior year. The 5.0 liter V8 offering continued to be offered and was a solid 215 hp. 1995 would mark the final year of this 5.0L 302 cid V8 as it was replaced in 1996 with the more versatile and efficient 4.6 liter modular V8. This marked the end of the Mustangs overhead-valve/pushrod-engine era.
While the normal Cobra got the handy 5.0 liter V8 and 240 horsepower, Ford gave the Corba R and absolutely cracker of an engine that upped the ante substantially. The 5.8 liter (351 cubic inches) V8 used in the SVT Cobra R had GT40 cylinder heads and was mated to a toughened up Tremec 5 speed, producing 300 horsepower and 365 pounds of torque at 3,750 rpm.
Special Edition Models & Variants
Ford built a stripped down version of their Mustang GT in 1995. It was called the GTS. The GTS named option was only available in 1995. It continued as the 248A package through 1998. The GTS was a the powertrain of a GT with the characteristics of the Base V6 model. They came without spoilers or fog lamps. They had the same interior as the V6 except for the instruments. They did have the GT badging on the fenders and embossed into the rear bumper. A total of 6,370 units were built in 1995.
The 1995 Mustang GT received the 215hp 5.0L V8 engine, lower front valance integrated fog lamps, rear spoiler, roomier seats, standard anti-lock brakes, and a four-wheel disc brake system. The only way to get a 1995 Canary Yellow or 1995 Sapphire Blue Mustang was to buy a Mustang GT. Canary Yellow and Blue were two colors reserved only for the Mustang GT coupe or Mustang GT convertible.
The 1995 SVT Cobra came with the 240hp (at 4800rpm), 302 cubic inch (5.0 liter), electronic fuel injected, V8 engine; a unique front fascia; Cobra emblems, and only came in black, red, or white. See our 1995 SVT Cobra Data Explorer for more information. The SVT badge appears on the Cobra for the first time.
A Cobra R, considerably one of the most “potent” Mustangs ever to roll off the Dearborn assembly line, has unique 5-spoke “R” wheels, a fuel cell, and a raised fiberglass hood. Its 5.8 liter 300-horsepower/365 foot-pounds of torque make its presence clearly known. Ford only made 250 Cobra R coupes and that monster engine was so big that the standard hood did not work. A special taller fiberglass hood was created. Now that is cool. All Cobra R Mustangs were painted Crystal White with tan colored interiors.
1995 saw solid growth in Mustang sales with 185,986 units produced. That was 51% growth versus the prior year and the second year of consecutive growth. The last time the Mustang had over 180,000 sales units was back in 1989.To dive into the model and body splits as well as see charts and percentages, check out our 1995 Ford Mustang Production & Sales Numbers deep dive.
% of Total
2 Door - Hardtop V6
2 Door - Hardtop GT
2 Door - Hardtop GTS
2 Door - Hardtop Cobra
2 Door - Hardtop Cobra R
2 Door - Convertible V6
2 Door - Convertible GT
2 Door - Convertible Cobra
Options and Pricing
The base prices kept going up and with an all new Mustang you know Ford took advantage and raised prices again. The base Mustang came in at $13,365 while the base convertible was $20,160. Want more performance, then a base GT would set you back $17,280. There were 3 option groups offered this year. Option group 1 included power windows, door locks and a power deck lid release. Option group 2 added electrical controlled rearview mirrors, dual illuminated visors, and an AM/FM cassette radio with premium sound. Option group 3 added a remote keyless entry system and a cargo net. For more detailed options and pricing, please check out our 1995 pricing and options research.
2 Door Hardtop
2 Door Convertible
2 Door Cobra
2 Door Cobra Convertible
Exterior & Interior Colors
A total of 11 colors were available for the 1995 Mustang model year. For detailed colors, color palettes, codes and interior colors please check out our in depth 1995 colors information post.
The 5.0L 302 cid V8 disappears from the Mustang following the 1995 year. This marks the end of the Mustangs overhead-valve/pushrod-engine era. The top dog was the Cobra V8, which had a highly modified version of the 5.0-liter H.O. V8 that was good for 300hp. For more information on engines for 1995, you can find the information here.
Engine Name & Year
Power (hp @ RPM)
Torque (lb/ft @ RPM)
1995 - Modified 351 Windsor V8 (5.8 L)
300 hp @ 4800 RPM
365 lb/ft @ 3750 RPM
1995 – 302 H.O V8 (5.0 L)
240 hp @ 5000 RPM
285 lb/ft @ 4000 RPM
1995 – 302 H.O V8 (5.0 L)
215 hp @ 4200 RPM
285 lb/ft @ 3400 RPM
1995 – 232 Ford Essex V6 Engine (3.8 L)
145 hp @ 4000 RPM
215 lb/ft @ 2500 RPM
Below is the performance data for the 1995 Mustangs that we could find. The 1995 Cobra R is clearly the performance king of the range with a blistering (for the era) 0-60 mph time of just 5.2 seconds. Below we have included 0-60 mph times, 0-100 mph times as well as quarter mile times and top speed where available.