1998 Ford Mustang
Fourth generation · SN95 1994–2004
The SN95 platform, which returned curved styling to the Mustang from 1994 to 2004.
The 1998 model year
Overview
The final year of the original SN95 shape — the "New Edge" restyle was already waiting for 1999. The GT gained a small bump to 225 hp through calibration and fuel-system tweaks; the Cobra held at 305 hp. (Horsepower figures are SAE net.)
Specifications
- Engines
-
- 3.8 L Essex V6 (base) 150 hp
- 4.6 L SOHC modular V8 (GT) 225 hp
- 4.6 L DOHC modular V8 (SVT Cobra) 305 hp
- Transmissions
- 5-speed manual (T-5 V6 / T-45 V8), 4-speed automatic (4R70W)
- Body styles
- Coupe, Convertible
- Base price
- $16,150 (V6 coupe) ≈$31,100 today (inflation-adjusted) 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.
- Production
- SVT Cobra: 5,174 coupes + 3,480 convertibles
Year over year
What changed
- GT power rose to 225 hp via PCM recalibration and fuel-system changes.
- Last model year of the original (1994–98) SN95 body.
- Otherwise a carryover; the New Edge restyle arrived for 1999.
Living with it
Reliability & ownership notes
- Same modular-V8 notes: durable SOHC GT, more complex DOHC Cobra; service history matters.
- Final pre-New-Edge body — SN95 checkpoints unchanged (convertible seals, front-end rust).
Worth knowing
Notable
- Closing year of the rounded SN95 look — a clean styling bookend before New Edge.
- The 225 hp GT is the strongest of the 1994–98 GTs.
Sources
Other Fourth generation years
Explore the SN95 generation → All Fourth generation · SN95 years →