Fourth generation · SN95 · 1994–2004
1994Ford Mustang
The SN95 platform, which returned curved styling to the Mustang from 1994 to 2004.
Photo: “1994 Ford Mustang Cobra Convertible (14435172843).jpg” by Sicnag / Wikimedia Commons, licensed under CC BY 2.0. Cropped to 16:9.
Quick facts
- Engines
- 3offered3.8 L Essex V6 (base) → 5.0 L pushrod V8 (SVT Cobra)
- Top output
- 240hp5.0 L pushrod V8 (SVT Cobra)
- Production
- SVT Cobra: 5,009 coupes + 1,000 Indy Pace Car convertibles
- Base price
- $17,270GT coupe
- Today
- ≈$36,600inflation-adjusted MSRP, not market value
Body stylesCoupe · Convertible
The 1994 model year
Overview
The first ground-up redesign in 15 years. Code-named SN95 (an updated "Fox-4" version of the Fox platform), the 1994 Mustang dropped the old hatchback and notchback for a single rounded body offered as a coupe or convertible, brought back retro cues (the running-horse grille, tri-bar taillights, a dual-cockpit dash), and added standard dual front airbags. The 5.0 pushrod V8 carried over under the new skin for one more chapter. (Horsepower figures are SAE net.)
Specifications
- Engines
- 3.8 L Essex V6 (base)145 hp
- 5.0 L pushrod V8 (GT)215 hp
- 5.0 L pushrod V8 (SVT Cobra)240 hp
- Transmissions
- 5-speed manual (Borg-Warner T-5), 4-speed automatic (AODE)
- Body styles
- Coupe, Convertible
- Base price
- $17,270 (GT coupe)See what that's worth today →
- Production
- SVT Cobra: 5,009 coupes + 1,000 Indy Pace Car convertibles
Year over year
What changed
- All-new SN95 body — first major redesign since 1979; rounded, retro-influenced styling.
- The hatchback and notchback were dropped; the lineup became coupe + convertible only.
- Standard dual front airbags.
- The 5.0 pushrod V8 carried over from the Fox era (GT and Cobra).
- The base four-cylinder was gone; a 3.8 L V6 became the entry engine.
- The SVT Cobra returned as the in-house performance flagship.
Worth knowing
Notable
- Launch year of the SN95 — the styling reset that carried the Mustang through 2004.
- The 1994 SVT Cobra convertible paced the Indianapolis 500 (1,000 Rio Red Indy Pace Cars built).
- Last-of-an-era appeal: 1994–95 are the only fourth-gen years with the pushrod 5.0.
Living with it
Reliability & ownership notes
- Earlier (1994–95) cars use the 5.0 pushrod V8 — a well-understood, heavily supported engine with a deep aftermarket.
- SN95 convertibles can develop cowl-shake and weatherstrip leaks with age; inspect the top and floors.
- Front subframe and strut-tower areas are the usual rust checkpoints on northern cars.
What it costs now
Price today
Current market value
We don't publish a market estimate for the 1994 model year yet. A valuation ships here only when it can be sourced and dated — we'd rather show nothing than a number we can't stand behind.
Original MSRP adjusted for inflation (CPI, 2024); not the car's current market/collector value. Source: U.S. Bureau of Labor Statistics, CPI-U (U.S. city average, all items), annual average.
Maintenance & service parts
Keep your 1994 Mustang on the road
Start with the service interval, then match the engine or exact version you own. Order links appear only when a catalog-backed part number is available, and every listing still needs a fitment check.
Service desk
What this car needs & when
Use this as a service-planning checklist for 1994 Ford Mustang. Start with the interval, confirm which engine or configuration you have, then use an exact ordering reference when one is verified.
- Service topics
- 8
- Scheduled topics
- 7
- Applicability stated
- 8
- Exact references
- 1
Before ordering Identify your engine, options and build date. Part numbers and sizes can change within one model year. Shopping links appear only for catalog-backed references; still verify the listing against your vehicle before ordering.
Engine oil and filterView intervals, applicability and sources
Engine oil and filter
Sourced interval available
Source: Ford — 1994 Mustang Workshop Manual, Maintenance and Lubrication · Section 00-03, Maintenance Schedule A and Maintenance Schedule B · checked
Schedule A
For the cold-short-trip, severe-dust, trailer-towing, or extensive-idling conditions Ford lists.
Source: Ford — 1994 Mustang Workshop Manual, Maintenance and Lubrication · Section 00-03, Maintenance Schedule A and Maintenance Schedule B · checked
Engine oil filterView intervals, applicability and sources
Engine oil filter
Exact reference available
Manufacturer application-catalog fitment only; this does not establish an oil-change interval.
3.8L OHV V6
Baldwin B243
Source: Baldwin Filters — Automotive Applications catalog (2017) · PDF page 253 — Ford 1994, Mustang 3.8L row · checked
Verified ordering references
- Service replacementBaldwin B243
Qty. 1 · Engine oil filter · catalog-listed
Baldwin's manufacturer application table lists this filter for the stated model year and engine. Confirm the VIN and installed engine before ordering.
Catalog: Baldwin Filters — Automotive Applications catalog (2017) · PDF page 253 — Ford 1994, Mustang 3.8L row · checked
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5.0L High-Output OHV V8
Baldwin B2
Source: Baldwin Filters — Automotive Applications catalog (2017) · PDF page 253 — Ford 1994, Mustang 5.0L row · checked
Verified ordering references
- Service replacementBaldwin B2
Qty. 1 · Engine oil filter · catalog-listed
Baldwin's manufacturer application table lists this filter for the stated model year and engine. Confirm the VIN and installed engine before ordering.
Catalog: Baldwin Filters — Automotive Applications catalog (2017) · PDF page 253 — Ford 1994, Mustang 5.0L row · checked
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Engine air-cleaner elementView intervals, applicability and sources
Engine air-cleaner element
Sourced interval available
Source: Ford — 1994 Mustang Workshop Manual, Maintenance and Lubrication · Section 00-03, Maintenance Schedule A and Maintenance Schedule B · checked
Engine coolantView intervals, applicability and sources
Engine coolant
Sourced interval available
Source: Ford — 1994 Mustang Workshop Manual, Maintenance and Lubrication · Section 00-03, Maintenance Schedule A and Maintenance Schedule B · checked
Spark plugsView intervals, applicability and sources
Spark plugs
Sourced interval available
Schedule B first calls for replacement at 60,000 miles; later rows differ for California vehicles.
Source: Ford — 1994 Mustang Workshop Manual, Maintenance and Lubrication · Section 00-03, Maintenance Schedule A and Maintenance Schedule B · checked
PCV valveView intervals, applicability and sources
PCV valve
Sourced interval available
Source: Ford — 1994 Mustang Workshop Manual, Maintenance and Lubrication · Section 00-03, Maintenance Schedule A and Maintenance Schedule B · checked
Automatic transmission fluidView intervals, applicability and sources
Automatic transmission fluid
Sourced interval available
Ford lists this replacement only in Schedule A; no routine Schedule B change is shown through 120,000 miles.
Source: Ford — 1994 Mustang Workshop Manual, Maintenance and Lubrication · Section 00-03, Maintenance Schedule A and Maintenance Schedule B · checked
Schedule A
For the cold-short-trip, severe-dust, trailer-towing, or extensive-idling conditions Ford lists.
Source: Ford — 1994 Mustang Workshop Manual, Maintenance and Lubrication · Section 00-03, Maintenance Schedule A and Maintenance Schedule B · checked
Rear axle lubricantView intervals, applicability and sources
Rear axle lubricant
Sourced interval available
Also replace whenever the axle has been submerged in water; otherwise Ford says not to check or change it unless a leak or repair requires service.
Source: Ford — 1994 Mustang Workshop Manual, Maintenance and Lubrication · Section 00-03, Maintenance Schedule A and Maintenance Schedule B · checked
Collect
Bring this model year home
Find a scale model using the exact year, make, and model—not a generic generation search.
Sources
Other Fourth generation years
Explore the SN95 generation →All Fourth generation · SN95 years →
Documented lineup
Find your exact 1994 Mustang
Start with a family, body style, or engine. Every card opens the facts and maintenance information for that factory version.
Exact factory pairings documentedHow this lineup was verified
These source-backed records identify published body, engine, and transmission combinations. Exact pairings do not by themselves assert that every factory option or special edition is represented.
Browse 8 documented records — use the filters above to narrow the list
Mustang Coupe 5MT
- Body
- Coupe
- Engine
- 3.8L OHV V6
- Gearbox
- 5-speed manual overdrive
- Built
- Regular production
Mustang Coupe 4AT
- Body
- Coupe
- Engine
- 3.8L OHV V6
- Gearbox
- electronic 4-speed automatic overdrive
- Built
- Regular production
Mustang Convertible 5MT
- Body
- Convertible
- Engine
- 3.8L OHV V6
- Gearbox
- 5-speed manual overdrive
- Built
- Regular production
Mustang Convertible 4AT
- Body
- Convertible
- Engine
- 3.8L OHV V6
- Gearbox
- electronic 4-speed automatic overdrive
- Built
- Regular production
Mustang GT Coupe 5MT
- Body
- Coupe
- Engine
- 5.0L High-Output OHV V8
- Gearbox
- 5-speed manual overdrive
- Built
- Regular production
Mustang GT Coupe 4AT
- Body
- Coupe
- Engine
- 5.0L High-Output OHV V8
- Gearbox
- electronic 4-speed automatic overdrive
- Built
- Regular production
Mustang GT Convertible 5MT
- Body
- Convertible
- Engine
- 5.0L High-Output OHV V8
- Gearbox
- 5-speed manual overdrive
- Built
- Regular production
Mustang GT Convertible 4AT
- Body
- Convertible
- Engine
- 5.0L High-Output OHV V8
- Gearbox
- electronic 4-speed automatic overdrive
- Built
- Regular production
No factory configuration matches those filters.