2002 Ford Mustang
Fourth generation · SN95 1994–2004
The SN95 platform, which returned curved styling to the Mustang from 1994 to 2004.
The 2002 model year
Overview
A holding year with no special editions and no North American SVT Cobra — SVT skipped 2002 while developing the supercharged 2003 car. The V6 and GT carried over. (Horsepower figures are SAE net.)
Specifications
- Engines
-
- 3.8 L Essex V6 (base) 193 hp
- 4.6 L SOHC modular V8 (GT) 260 hp
- Transmissions
- 5-speed manual (T-5 V6 / Tremec TR-3650 V8), 4-speed automatic (4R70W)
- Body styles
- Coupe, Convertible
- Base price
- $17,305 (V6 coupe) ≈$30,200 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.
Year over year
What changed
- No SVT Cobra for the North American market in 2002 (SVT was readying the 2003 supercharged car).
- No major special editions; V6 and GT carried over from 2001.
Living with it
Reliability & ownership notes
- Standard New Edge modular-V8 service notes apply; nothing year-specific.
- Body checkpoints unchanged (convertible seals, front-end rust on weathered cars).
Worth knowing
Notable
- A low-key year — the calm before the supercharged 2003 Cobra and the returning Mach 1.
- No factory Cobra makes 2002 the quietest of the New Edge years.
Sources
Other Fourth generation years
Explore the SN95 generation → All Fourth generation · SN95 years →