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2002 Ford Mustang Ratings, Reviews and Analysis

Lower-line V6 models get standard 16-inch alloy wheels and a new hood while losing the fake side scoops. Premium models can be equipped with a Mach 1000 audio system. Both this system and the Mach 460 get speed-sensitive volume. Later this year, an MP3 player will be available. Performance Red paint is replaced with Torch Red.

Ratings & Reviews

4 star
stanggt915 writes:
Great First Car

This is such a cool car! A perfect blend of everything. Great styling, very reliable, comfy, big sound system, cool wheels, high modding potential, and it is quite quick. With the new Borla exhaust I added it now has incredible muscle car sound! For my first car I would have it no other way.

2 star
flashycarluv writes:
02 GT convertible Good & Bad.... For 2012

ive had the car for almost 2 years and have had 3 engines in it., Driver window fail, fuel pump failed, CD player failed and the transmission has small leak. i love the car& dont really plan on ever selling. but its not recommended for a daily driver, its not very reliable but its 10+ years old. But for a fun top down weekend warrior its great. and its idea for customization. I know more than 10 people with the same style mustang GT, and they have problems too, but still love them. if you buy one I recommend having $2-3k set aside for future repairs. MPG isnt great either I average 15MPG combined... But it works for me because I only drive the car maybe once a month.

2 star
Pratap writes:
tired of the vibrations

I own a 2002 ford convertible mustang which I bought in 2007 april but since then I've never enjoyed my ride. This car is full of vibrations. I took to many good local dealers but they couldnt fix it and finally wanted to go to the Tulsa Ford showroom but these people, even though they do not have any work, doesn't bother to look at my car. This is the experience I had with a FORD vehicle.

4 star
Cindy writes:
Fun, Fun, Fun

Love my convertible. Fun to drive and enjoy the power. If you have more than one child, makes for a challenge if they want to take friends somewhere. Not much trunk space. Looks good and sounds even better. Didn't buy the car for fuel efficiency, so gas mileage is not an issue for me. Multiple CD changer and sound system add to it's appeal. Convertible top easy to operate.

4 star
miamimykle writes:
Old guy with used Mustang

I just bought my self a midlife crisis treat, a 2002 Mustang GT convertible with a five speed manual tranny and all the bells and whistles available in 2002. I was sitting in the Corvette I was going to buy when it caught my eye. There isn't a mark on it inside or out and is, if I may use the term a freakin' rocket. The sound system is incredible! Yes, old guys still rock.....best thing I ever did for myself...if you don't have one, get one!

Pricing Trends

The average listing price for a 2002 Ford Mustang:
  • LemonFree $7,765
  • In Texas $7,450
Pricing difference by year:
  • 2003 $9,715 + $1,950
  • 2001 $9,084 + $1,319
Average price by trim:
  • Base $5,881
  • Deluxe $6,751
  • GT $8,931
  • GT Deluxe $9,084
  • GT Premium $9,829
  • V6 $0

Safety Ratings and Recalls

Safety

2002 Ford Mustang

Front Crash Driver Side
Front Crash Passenger Side
Side Crash Driver Side
Side Crash Passenger Side

Recall Notices

2002 Ford Mustang (5/11/2009)

Campaign Number: 09E025000
Component Name: EXTERIOR LIGHTING:HEADLIGHTS
Manufacturer: Ford Motor Company
Description: DOPE, INC. IS RECALLING 42,540 COMBINATION CORNER AND BUMPER LAMP ASSEMBLIES OF VARIOUS PART NUMBERS SOLD FOR USE AS AFTERMARKET EQUIPMENT FOR VARIOUS PASSENGER VEHICLES. THESE HEADLAMPS FAIL TO CONFORM TO THE REQUIREMENTS OF FEDERAL MOTOR VEHICLE SAFETY STANDARD NO. 108, "LAMPS, REFLECTIVE DEVICES, AND ASSOCIATED EQUIPMENT." THESE LAMPS DO NOT CONTAIN THE REQUIRED AMBER SIDE REFLECTORS.
Defect: DECREASED LIGHTING VISIBILITY MAY RESULT IN A VEHICLE CRASH.
Corrective Action: DOPE, INC. WILL NOTIFY OWNERS AND OFFER A FULL REFUND FOR THE NONCOMPLIANT COMBINATION LAMPS. THE SAFETY RECALL BEGAN ON JULY 28, 2009. OWNERS MAY CONTACT DOPE, INC. AT 1-626-272-1798.

2002 Ford Mustang (4/7/2009)

Campaign Number: 09E012000
Component Name: EXTERIOR LIGHTING
Manufacturer: Ford Motor Company
Description: SABERSPORT IS RECALLING 16,270 COMBINATION CORNER AND BUMPER LAMP ASSEMBLIES OF VARIOUS PART NUMBERS SOLD FOR USE AS AFTERMARKET EQUIPMENT FOR VARIOUS PASSENGER VEHICLES. THESE HEADLAMPS FAIL TO CONFORM TO THE REQUIREMENTS OF FEDERAL MOTOR VEHICLE SAFETY STANDARD NO. 108, "LAMPS, REFLECTIVE DEVICES, AND ASSOCIATED EQUIPMENT." THESE LAMPS DO NOT CONTAIN THE REQUIRED AMBER SIDE REFLECTORS.
Defect: DECREASED LIGHTING VISIBILITY MAY RESULT IN A VEHICLE CRASH.
Corrective Action: SABERSPORT WILL NOTIFY OWNERS AND OFFER A FULL REFUND FOR THE NONCOMPLIANT COMBINATION LAMPS. THE SAFETY RECALL BEGAN ON MAY 11, 2009. OWNERS MAY CONTACT SABERSPORT AT 1-909-598-7589.

2002 Ford Mustang (8/11/2008)

Campaign Number: 08E050000
Component Name: EXTERIOR LIGHTING:HEADLIGHTS
Manufacturer: Ford Motor Company
Description: K2 MOTOR IS RECALLING 1,921 AFTERMARKET HEADLAMPS OF VARIOUS MODELS SOLD FOR USE ON THE ABOVE LISTED VEHICLES. THESE HEADLAMPS ARE MISSING THE AMBER SIDE REFLEX REFLECTOR WHICH FAILS TO CONFORM WITH THE REQUIREMENTS OF FEDERAL MOTOR VEHICLE SAFETY STANDARD NO. 108, "LAMPS, REFLECTIVE DEVICES, AND ASSOCIATED EQUIPMENT."
Defect: WITHOUT THE AMBER SIDE REFLEX REFLECTORS, THE LIGHTING VISIBILITY MAY BE AFFECTED, POSSIBLY RESULTING IN A VEHICLE CRASH.
Corrective Action: K2 MOTOR WILL NOTIFY OWNERS AND OFFER A FULL REFUND. THE RECALL BEGAN ON DECEMEBER 17, 2008. OWNERS MAY CONTACT K2 MOTOR AT 1-909-839-2992.

2002 Ford Mustang (7/17/2006)

Campaign Number: 06E064000
Component Name: EXTERIOR LIGHTING
Manufacturer: Ford Motor Company
Description: CERTAIN TRADESONIC COMBINATION LAMPS SOLD AS REPLACEMENT LAMPS FOR USE ON THE ABOVE LISTED PASSENGER VEHICLES. COMBINATION LAMPS NOT EQUIPPED WITH AMBER SIDE REFLECTORS FAIL TO CONFORM WITH THE REQUIREMENTS OF FEDERAL MOTOR VEHICLE SAFETY STANDARD NO. 108, LAMPS, REFLECTIVE DEVICES, AND ASSOCIATED EQUIPMENT.
Defect: LACK OF AMBER SIDE REFLECTORS IN THE LAMPS WILL DECREASE LIGHTING VISIBILITY TO OTHER DRIVERS AND MAY POSSIBLY RESULT IN A VEHICLE CRASH.
Corrective Action: TRADESONIC WILL NOTIFY OWNERS AND REPLACE THE LAMPS FREE OF CHARGE. THE RECALL IS EXPECTED TO BEGIN DURING JULY 2006. OWNERS MAY CONTACT TRADESONIC AT 626-934-8884.

2002 Ford Mustang (6/13/2006)

Campaign Number: 06E056000
Component Name: FUEL SYSTEM, GASOLINE
Manufacturer: Ford Motor Company
Description: CERTAIN AFTERMARKET FUEL FILTERS SOLD UNDER THE PUROLATOR BRAND NAME, P/N F65277, SHIPPED FROM JANUARY 16 THROUGH JUNE 2, 2006, FOR USE ON THE ABOVE LISTED PASSENGER VEHICLES. DUE TO INCORRECT DESIGN, THE QUICK CONNECTORS MAY NOT FULLY SEAT WITH THE TUBE INTERFACE, EVEN THOUGH THE PERSON MAKING THE CONNECTION MAY BELIEVE THAT THE QUICK CONNECTOR IS FULLY ATTACHED.
Defect: FAILURE OF THIS CONNECTION COULD LEAD TO FUEL SPILLAGE AND, IN THE PRESENCE OF AN IGNITION SOURCE, A FIRE COULD OCCUR.
Corrective Action: UFI WILL NOTIFY OWNERS AND REPLACE THE FILTERS FREE OF CHARGE. THE RECALL BEGAN ON AUGUST 4, 2006. OWNERS MAY CONTACT UFI FILTERS USA AT 800-230-5876.