ClassicAuto Showplace

2135 Stephenson Hwy, Troy, MI 48083
4
4 out of 5 stars

Used 2004 Ford Mustang Mach 1 Premium

59,685 miles
For Sale:$16,950

$2,750(-14%)price drop

Estimated payment:$384/mo.
$0 trade-in, 10% down payment, 48 months, Great credit score

Value ChartA visual chart indicating the fair price range is between $20,800 and $24,400, while the current price is $16,950.$20,800 - $24,400$16,950
  • Priced at $16,950, this vehicle is $3,850 (19%) below the low end of its fair market value of $20,800.

  • The current fair market price range is between $20,800 to $24,400.

  • It has 59,685 miles, which is 6,885 (13%) above the median mileage of 52,800.

Note: This is an estimate based on a variety of factors (experimental feature). It is intended to provide a fair market value range to help guide your buying decision.

View Full Value Report

SequenceDatePrice ChangeCurrent Price
1.5/12/2025 (a year ago)$21,850
2.6/17/2025 (10 months ago)-$2,150 (-9.8%)$19,700
3.10/16/2025 (6 months ago)-$2,750 (-14.0%)$16,950
  • Car
  • Coupe
  • Low Maintenance
  • Spacious Front Legroom
  • Condition
    Used
  • Mileage
    59,685miles
  • Aggregate Ratings
    3.6
    3.6 out of 5 stars
  • Generation
    4(1994 - 2004)
  • Trim
    Mach 1 Premium
  • Drivetrain
    Rear Wheel
  • Transmission
    5-Speed Manual
  • MPG
    15 city23 highwayMax range: 345 miles
  • Exterior Color
    Torch Red Clearcoat (Red & Orange)Factory Paint Code:D3
  • Interior Color
    Dark Charcoal (Gray)Factory Paint Code:W
  • Upholstery
    Leather
  • Doors
    2
  • Max Seating
    4
  • Max Towing Capacity
    0lbs.
  • Final Assembly Point
    Dearborn, Michigan
  • VIN
    1FAFP42R54F199774
  • Starting MSRP
    $29,875

Engine4.6L V8 Gasoline 310hp

  • Fuel Type:Gasoline
  • Max Horsepower:310 hp @ 6000 rpm
  • Power to Weight Ratio:11.19lbs/hp
  • Max Torque:335 ft.lbf @ 4200 rpm
  • Displacement:4.6liters
  • Block Type:V
  • Cylinders:8
  • Aspiration:Naturally Aspirated
  • Fuel Induction:Fuel Injection
  • Cam Type:DOHC
  • Valves:32

Message from the seller

2004 MUSTANG MACH 1 - EXCEPTIONAL * I-OWNER! 59,685 MILES- 5-SPEED! Gorgeous Torch Red with Dark Charcoal Leather (with the Interior Upgrade Package). Treated with great respect and like a family member, is the best way to start the description of this special Mach 1. Our seller is a career Ford Motor Company Employee that has provided excellent care for this Mach 1 for the past twenty one years. It has been put in storage at the end of the Summer driving season and not brought out until the after the second week of April... it has never been winter driven! Our seller notes that it has never been involved in an accident and has always had excellent care and maintenance. He states that the tires have only 6,000 miles on them, it does not need anything to the best of his knowledge, and it is turn key ready to enjoy! Documentation includes the original Window Sticker, the dealer purchase agreement, original factory glove box manuals and receipts for maintenance and performance upgrades. This is truly a special car and great find with its one owner history, low mileage and the 4.6 Liter Dual Overhead Cam V8 with the 5 speed manual transmission! See it at our Troy location. Please see the window sticker picture in the image gallery below. VIN: 1FAFP42R54F199774 $21,850

  • Comfort & Seating:

    • Power Seats
  • Entertainment:

    • Premium Audio
  • Exterior:

    • Tinted Windows

All warranties have now EXPIRED

  • Corrosion
    5 years/unlimited miles
  • Bumper to Bumper
    3 years/36,000 miles
  • Roadside Assistance
    3 years/36,000 miles
  • Powertrain
    3 years/36,000 miles

  • B8:

    • Air Pollution Score:3
    • Greenhouse Gas Score:5
    • Fuel Type:Gasoline
    • Epa Underhood Id:4FMXV04.6VHA

2004 Ford Mustang

The 2004 Ford Mustang marked a significant milestone for the iconic pony car, celebrating its 40th anniversary with a special edition and offering a blend of classic design and modern performance. It represented the final year of the "New Edge" Mustang generation, setting the stage for a complete redesign in 2005. This year, Ford offered a robust lineup that appealed to a wide range of enthusiasts, from casual cruisers to dedicated performance seekers.

Highlights

  • Engine Options:
    • 3.9L V6: The standard engine offered respectable performance for everyday driving, producing 155 horsepower. This was a capable option for those prioritizing fuel efficiency and a more relaxed driving experience.
    • 4.6L V8 (GT): The heart of the Mustang GT, this engine delivered a healthy 260 horsepower and 302 lb-ft of torque. It provided the classic V8 rumble and the exhilarating acceleration that Mustang buyers expected.
    • 4.6L V8 Supercharged (SVT Cobra): The pinnacle of the 2004 Mustang lineup, the SVT Cobra boasted a supercharged version of the 4.6L V8, unleashing a formidable 390 horsepower. This engine offered blistering acceleration and track-ready performance.
  • Safety Features:
    • Front Airbags: Standard on all models, providing crucial protection for the driver and front passenger in a frontal collision.
    • Anti-lock Braking System (ABS): Available on GT and Cobra models, ABS helps prevent wheel lock-up during hard braking, allowing the driver to maintain steering control.
    • Traction Control (Optional/Standard on Cobra): This system helps prevent wheelspin during acceleration, particularly on slippery surfaces, enhancing stability and control.
  • Trim Summary:
    • Mustang V6: The entry-level model, offering a comfortable ride and the iconic Mustang styling at an accessible price point.
    • Mustang GT: The performance-oriented V8 model, delivering a significant boost in power and a more engaging driving experience.
    • SVT Cobra: The ultimate Mustang for 2004, featuring a supercharged V8, enhanced suspension, Brembo brakes, and aggressive styling for uncompromising performance.
    • Mustang GT PONY Package: For GT buyers seeking a more distinctive look, this package often included unique wheels, exterior badging, and interior appointments.
    • Mustang Mach 1: A special edition return for the legendary Mach 1 nameplate, this model featured unique styling cues, a shaker hood scoop, and a modified 4.6L V8 with 305 horsepower, offering a distinct retro appeal and enhanced performance over the standard GT.
    • 40th Anniversary Edition: Available on both V6 and GT models, this package celebrated the Mustang's heritage with special badging, interior trim, and unique wheel designs.
  • Other Notable Aspects:
    • Rear-Wheel Drive (RWD): A fundamental characteristic of the Mustang, providing the classic sporty handling and acceleration that defines the breed.
    • Distinctive "New Edge" Styling: The 2004 Mustang retained the angular and aggressive "New Edge" design language introduced in 1999, featuring sharp lines and a muscular stance.
    • Manual and Automatic Transmissions: Buyers could choose between a 5-speed manual transmission for maximum driver engagement or a 4-speed automatic for convenience.
    • Convertible Option: Both coupe and convertible body styles were available, offering open-air driving enjoyment.

What to Expect

Owning a 2004 Ford Mustang generally means experiencing a classic American muscle car that is relatively straightforward to maintain, especially for the V6 and GT models. Routine maintenance will involve oil changes, tire rotations, brake inspections, and fluid checks, which are typically affordable at most reputable repair shops. Parts are widely available due to the Mustang's popularity.

Insurance costs can vary significantly based on the specific trim level, your driving record, age, and location. The GT and SVT Cobra models, with their higher performance, will generally incur higher insurance premiums than the V6 models. Fuel economy is respectable for the V6 but can be considerably lower for the V8 variants, particularly the SVT Cobra, which should be factored into the overall ownership cost. Enthusiasts often report that these Mustangs are enjoyable to drive and can be relatively reliable with proper care.

Potential Considerations

  • Interior Materials: While functional, the interior materials in the 2004 Mustang are not the most luxurious and can show wear over time, especially in high-traffic areas. Hard plastics are prevalent throughout the cabin.
  • Ride Quality: The ride can be firm, particularly on the SVT Cobra and even the GT models, which prioritize handling over comfort. Rough roads can translate into a more noticeable jolt.
  • Visibility: Rearward visibility, especially in coupe models, can be somewhat limited due to the car's design and the relatively thick C-pillars.
  • Older Technology: As a 2004 vehicle, the technology features are basic by today's standards. Expect a simple stereo system, and features like Bluetooth connectivity or advanced infotainment are absent.
  • Potential for Modifications: Many Mustangs from this era have been modified, so buyers should be cautious and inspect thoroughly for signs of excessive modifications or abuse, especially with the SVT Cobra models.

Overall Summary

The 2004 Ford Mustang, in its final iteration of the "New Edge" generation, represents a compelling option for those seeking a classic American muscle car experience with accessible performance. It offers a range of engine choices to suit different needs, from a capable V6 to the potent, supercharged V8 in the SVT Cobra. With its iconic styling, rear-wheel-drive dynamics, and the special allure of the 40th Anniversary and Mach 1 editions, the 2004 Mustang continues to be a popular choice for enthusiasts, offering a blend of heritage, performance, and a relatively straightforward ownership experience.

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Listed on May 12, 2025 (a year ago)
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