2004 Ford Mustang: Ultimate In-Depth Guide

History, Specs, Options, Performance & More

2004 Ford Mustang

2004 Ford Mustang

2004 Ford Mustang Overview

The 2004 Mustang was basically a carry over from 2003. In order to commemorate the 40th anniversary of the Ford Mustang, all SVT Cobra models carried a 40th Anniversary badge on the fender. The base model Mustangs carried a 3.8L V6 engine with 16-inch cast aluminum wheels. Ford also gave us the potent Mach l and SVT Cobra. In 2004, Ford also its 300 millionth car and celebrated with an Anniversary package.

Model: 2004 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, 4.6L DOHC Supercharged V8
Original Price: $18,345 (Base Coupe), $24,080 (Basic Convertible)
Units Produced: 141,907

Additional 2004 Mustang Research: 2004 Research Center / Colors Details / Production Numbers / Prices & Options / Sales Brochures / Owner Manuals / Maintenance / Pictures / Videos / VIN Decoder / Special Editions

Background & Details

In 2004, Ford produced its 300 millionth car – a 2004 Mustang GT convertible 40th Anniversary edition. To celebrate, Ford created an Anniversary package which was available on all base V6 and GT Mustang models. The package featured a Crimson Red exterior with Arizona Beige Metallic racing stripes on the hood.

2004 was also a historic year for the Mustang because it was the last year the Mustang was produced at Ford’s Dearborn Assembly Plant. When you consider that 6.7 million of the 8.3 million total Mustangs ever produced (at the time) were produced at Dearborn Assembly you can see the significance. The historic year continued because 2004 was also the end of another era of Mustang bodies and design, the final year of the SN95 chassis.

To summarize, 2004 milestones included:

  • It was the last year of the Terminator Cobra.
  • It was the last year the Mustang was produced at the legendary Dearborn assembly plant.
  • It was the last year of the New Edge styled Mustang.
  • It was the last year of the SN95 Mustang.
  • It was the last year of a Fox-platform based Mustang.
  • It was the 40th Anniversary of the Mustang.

The SN95 body went out in style. Because of a strong enthusiast response to the introduction of the 2003 Mustang Mach 1, Ford committed to another sales year of Mach 1 production to slot between the Mustang GT and the SVT Mustang Cobra. It got a cool shaker hood, side stripes, paint stripe on the hood, side scoops, a special interior with comfort weave seats, special wheels and the tweaked version of the 4.6 liter DOHC V8 engine. Both the GT and the Mach 1 Mustangs carried the 4.6L V8 engine, but the Mach 1 managed to squeeze out 305 horsepower and 310 lb/ft torque while the GT managed only 260 horsepower. Both the GT and Mach 1 featured 17 inch cast aluminum wheels.

Generally the GT and V6 Mustangs are very similar to 2003 Mustang model year. Styling and exterior remained virtually the same for not only the base car, but also the standard coupe, convertible, Mach l and the SVT Cobras. Interior seat patterns changed, some option groups were mixed up but overall more of the same thing. The Pony package didn’t include the running pony decals along the rocker panel like it did in 2003. The Pony package included a raised hood scoop (like the GT), chrome 16″ wheels, and black “MUSTANG” bumper inserts. Mustang V6 was available in Black, Competition Orange (new for 2004), Dark Shadow Grey, Redfire, Screaming Yellow (new for ’04), Silver Metallic, Sonic Blue, Torch Red, and White.

Special Edition Models & Variants

2004 Ford Mustang GT: Ultimate Guide


There weren’t many changes made to the 2004 GT. It kept the Deluxe and Premium packages that Ford debuted in 2001 and 2002 stayed around. Both packages standard items include: 4.6 liter V8 engine; dual exhaust; fog lamps under the bumper; side scoops; rear spoiler; 17 inch wheels, and power adjusted 6-way drivers seat. The GT Deluxe package comes with the standard stereo and cloth seats while the GT Premium package comes with the leather seats and the Mach 460 audio system.

Learn more about the 2004 Ford Mustang GT

2004 Ford Mustang Mach 1

Mach 1

The 2004 model run was the Mustang’s final year on the SN-95 platform so collectors and fans of the Fox-based cars were given one last chance to buy a new Mach 1. The 2004 Mach 1 standard features included: an exclusive 305 horsepower DOHC 4.6L V8 engine, dual exhaust, special suspension tuning and lower ride height, 17-inch aluminum wheels, a shaker hood scoop, and black over the top stripes and rocker stripes. The Mach-1 could be ordered in Azure Blue, a Mach-1 only paint color; or Competition Orange, Oxford White, Screaming Yellow, Dark Shadow Gray, Black, and Torch Red.

Learn more about the 2004 Ford Mustang Mach 1

Mystic Chrome 2003 Mustang

SVT Cobra

The 2004 Cobra was much the same as the 2003 Cobra with a few minor updates, including new paint color options like Screaming Yellow, Competition Orange and Mystichrome, a slightly updated exhaust system, which helped to eliminate the Gas Guzzler Tax that the 2003 suffered, as well as some minor interior changes.

Learn more about the 2004 Ford Mustang SVT Cobra

2004 Ford Mustang 40th Anniversary Trim Package

40th Anniversary Trim Package

The Mustang celebrated its 40th anniversary on April 17, 2004. Ford decided that all 2004 Mustangs would come with the 40th Anniversary badges on their fenders. Most people don’t know that there was actually a special trim package you could buy that gave you even more 40th Anniversary love.

Learn more about the 2004 Ford Mustang 40th Anniversary Trim Package

Specifications, Options & Detailed Stats

Production Numbers

Sales of 141,907 units was down 7.5% versus the prior year. To dive into the model and body splits as well as see charts and percentages, check out our 2004 Ford Mustang Production & Sales Numbers deep dive.

Options and Pricing

The 2004 base Mustang was priced at $18,345 while the base convertible went for $24,080. For more detailed options and pricing, please check out our 2004 pricing and options research.

Exterior & Interior Colors

A total of 12 colors were available for the 2004 Mustang model year. For detailed colors, color palettes, codes and interior colors please check out our in depth 2004 colors information post.

Engine Specs

The base V6 engine was back in 2004 in the entry level Mustang. It was still a decent 193 horsepower. The 4.6 liter SOHC was once again used to power the GT, good for 260 horsepower. The Cobra returned with its epic 390 hp supercharged 4.6L DOHC V8. For more information on engines for 2004, you can find the information here.

Dimensions & Weight

Dimensions and weight were unchanged for the model year 2004 cars.


Below is the performance data for the 2004 Mustangs that we could find. As expected there were no changed to the numbers between the 2003 and 2004 model years. 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 2004

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 2004 VIN & Data Plate Decoder sheet.

Videos & Picture Galleries

We managed to find some great video reviews of the 2004 Mustang so definitely check those out. We also have a picture 2004 Ford Mustang Picture Gallery and photos of real Mustangs in each color that was available.