2002 Ford Mustang: Ultimate In-Depth Guide

History, Specs, Options, Performance & More

2002 Mustang

2002 Ford Mustang

2002 Ford Mustang Overview

2002 was a boring year for the Ford Mustang. SVT Cobras were not available in the US, with only a tiny run made for the Australian market. The only special edition was the regular GT. Updates were basically non-existent. Sales fell slightly to 142,647 cars for the year.

Model: 2002 Ford Mustang
Generation: 4th Generation Mustang
Type: 2 Door
Body Styles: Coupe, Convertible
Engines: 3.8L EFI V6, 4.6L SOHC EFI V8, 4.6L DOHC EFI V8 (Cobra)
Original Price: $17,305 (Base Coupe), $22,745 (Basic Convertible)
Units Produced: 142,647

Additional 2002 Mustang Research: 2002 Research Center / Colors Details / Production Numbers / Prices & Options / Sales Brochures / Owner Manuals / Maintenance / Pictures / Videos / VIN Decoder / Special Editions

Background & Details

Typical of a carryover year for the pony car, with few new features and also usual for this point in its model production run. The Mustang was once again available in two body styles: the coupe and convertible. The Mustang also became the number one selling convertible in the United States in 2002.

As expected, changes in the exterior of the 2002 Ford Mustang were minimal. Sixteen-inch wheels were standard on the V6 Mustang, and the optional side-stripe was now thicker. Sonic Blue exterior color was introduced in 2002. There were no major modifications to the interior with the exception of the leather on the steering wheel on premium package cars being slightly different.

New to the Mustang is the Mach 1000 Audio System. Included is a 6-disc in-dash CD changer with an MP3 option. The system pumps out more than 570-watts RMS (1,140-watts peak power) including a 60 watt parametrically equalized amplifier, six 85-watt subwoofer amplifiers, four subwoofer speakers, four midrange tweeters along with two 10-inch, trunk-mounted, acoustic suspension subwoofer enclosures.

Not many Cobras were produced for 2002, and those that were produced were immediately sent to Australia where they were converted to right-hand drive. Another set of fog lamps and side marker lamps were added to the front bumper.

In order to drum up more Mustang sales, Ford launched the 2002 Mustang was these special packages for the V6, the newest of which was named the Pony Package. This package included unique 16-inch polished aluminum wheels, Mustang stampede decals on the lower doors, black “MUSTANG” lettering on the rear bumper, the hood and scoop from the GT and a leather-wrapped steering wheel. The Pony Package and Sport Appearance Group were mutually exclusive and could not be ordered together.

The Engine choices for the 2002 model year cars were the same power plants offered in 2001, with the standard 3.8 liter V6 continuing to produce a solid 193 horsepower with the performance offering in the Mustang GT being the 4.6 liter modular V8 engines and its 260 horsepower. The Australia only SVT Cobra got the 2001 Cobra’s high performance V8 and 320 horsepower.

Special Edition Models & Variants

2002 Ford Mustang GT


The 2002 Mustang GT had the 4.6 liter, single overhead cam, V8 engine rated at 260hp (at 5250rpm). Not much changed for the 2002 model year Mustang GT. It was a carryover year. Gone was the special Bullitt from the prior year so the GT did all the heavy performance lifting for the brand this year.

Learn more about the 2002 Ford Mustang GT

2002 Ford Mustang SVT Cobra

SVT Cobra

Although many believe there was no 2002 Cobra, there was a very small release. There were only about 100 vehicles built, and they were all shipped to Australia. Other changes included additional lights in the lower bumper, and the steering wheel was moved to the right side of the car.

Learn more about the 2002 Ford Mustang SVT Cobra

Specifications, Options & Detailed Stats

Production Numbers

Ford Mustang sales fell for a second year in a row, down 13% versus 2001. A total of 142,647 units were sold. To dive into the model and body splits as well as see charts and percentages, check out our 2002 Ford Mustang Production & Sales Numbers deep dive.

Options and Pricing

The 2002 base Mustang pricing hit the $17,000 mark for the first time at $17,305. Many new packages were introduced like the Deluxe and Premium variants and they were priced accordingly to get Ford to grow profits. For more detailed options and pricing, please check out our 2002 pricing and options research.

Deluxe Vs Premium Trim Packages

Feature V6 Deluxe V6 Premium GT Deluxe GT Premium
4-wheel ABS Optional Standard Standard Standard
Traction Control Optional Standard Standard Standard
Leather Seating Surfaces Optional Optional, Std on Conv Optional Standard
Power Driver’s Seat Standard Standard Standard Standard
Mach 460 Six-disc CD Player Optional Standard Optional Standard
Mach 1000 six-disc CD Player N/A Optional N/A Optional
Front Floor Mats Standard Standard Standard Standard
Interior Upgrade Package Optional Optional Optional Optional
Leather Wrapped Steering Wheel Optional, Std on Conv Standard Standard Standard
Speed Control Standard Standard Standard Standard
Pony Package Optional Optional N/A N/A
Sport Appearance Group Optional Standard N/A N/A

Exterior & Interior Colors

A total of 11 colors were available for the 2002 Mustang model year. Sonic Blue and Torch Red were two new colors for 2002 and were both immediately popular. Mineral Gray continued to sell well and was the top color for 2002. For detailed colors, color palettes, codes and interior colors please check out our in depth 2002 colors information post.

Engine Specs

The base V6 engine was back in 2002 in the entry level Mustang. It was now up to 193 horsepower and was starting to show its age. The 4.6 liter SOHC was once again used to power the GT, also unchanged at 260 horsepower. The Cobra returned with a 320 hp 4.6L DOHC V8. For more information on engines for 2002, you can find the information here.

Dimensions & Weight


Below is the performance data for the 2002 Mustangs that we could find. Below we have included 0-60 mph times, 0-100 mph times as well as quarter mile times and top speed where available.

VIN Information

Vin Decoder Mustang 2002

This link will take you to a page which contains the VIN tag information for all years of Mustangs. Previously this information appeared on each Mustang’s year page, but consolidating it has significantly reduced page loading times. To decode the build sheet, check out our 2002 VIN & Data Plate Decoder sheet.

Videos & Picture Galleries

We managed to find some great video reviews of the 2002 Mustang so definitely check those out. We also have a picture 2002 Ford Mustang Picture Gallery and photos of real Mustangs in each color that was available.