2008 Ford Mustang Pricing, Specs & Reviews

Find Another Ford Mustang
$19,650-$47,155
$18,256-$42,538
15 /CITY / 23 /HWY
Overall Quality
Overall Performance and Design
Predicted Reliability

What Changed for 2008:

  • New Shelby GT convertible

  • New 540-hp Shelby GT500 KR due in spring

  • Interior ambient lighting newly available

  • Front side air bags now standard on all models

  • High-intensity discharge headlights newly optional
Overview
With rear-wheel drive and available V-8 power, the Ford Mustang has been called the quintessential American \"pony car.\" Mustang was last redesigned for the 2005 model year, and Ford has expanded Mustang offerings with performance models ever since. For 2008, two new Shelby models are offered: the top-of-the-line 540-hp Shelby GT500KR coupe and the 319-hp Shelby GT convertible. The GT500KR (for King of the Road) is due in spring. All Mustangs have 2+2 seating with a small back seat. V-6 and V-8 power are offered, and Shelby GT500 models have supercharged V-8 engines.

Model Lineup
The Mustang comes in two body styles: coupe and convertible. All convertibles have a power folding top with a glass rear window. V-6-equipped models and V-8-powered GT models are available in Deluxe and Premium trim. GTs come standard with fog lamps, rear spoiler, sport suspension, and 17-inch aluminum wheels. The GT Premium has leather upholstery.

Shelby GT trim upgrades the GT with a unique front fascia; special hood scoop and side scoops; high-flow exhaust; performance suspension; lowered ride height; Hurst short-throw shifter; and 18-inch aluminum wheels. The Shelby GT500 features P255/45R18 front and P285/40R18 rear tires, leather upholstery, Brembo front brakes, and an SVT-tuned suspension. The Shelby GT500KR will have a shorter-throw shifter; 3.73:1 gear ratio versus the GT500's 3.31:1; carbon-fiber hood; and unique suspension tuning. The KR will be limited to 1000 examples.

Models featuring the V-6 engine are offered with a Pony package to give them the look and handling of a GT. A California Special package dresses up a Premium GT with 18-inch wheels, side scoops, tape stripes, larger air intake, special interior trim, and signature front and rear fascias. Available options include a 1000-watt audio system; heated front seats; Bluetooth hands-free cell phone link; remote engine starting; Sirius satellite radio; navigation system; high-intensity discharge headlights; and Ford's ambient lighting.

Powertrain
Mustang's base engine is a 4.0-liter V-6 that makes 210 hp and 240 lb.-ft. of torque. GT models get a 4.6-liter, 300-hp V-8 engine with 320 lb.-ft. of torque. The Shelby GT's 4.6-liter V-8 engine is tuned for 319 hp and 330 lb.-ft. of torque. The V-6 and 4.6-liter V-8 engines are offered with a 5-speed manual or 5-speed automatic transmission. The Shelby GT500 has a supercharged 5.4-liter V-8 engine with 500 hp and 480 lb.-ft. of torque, and the Shelby GT500 KR produces 540 hp. Both Shelby GT500 models come only with a 6-speed manual transmission. Fuel economy ratings are 17 mpg city/26 mpg highway for a V-6 engine with manual transmission; 16 mpg city/24 mpg highway for a V-6 engine with automatic transmission; 15 mpg city/23 mpg highway for a 4.6-liter V-8 engine with manual transmission; 15 mpg city/22 mpg highway for a 4.6-liter V-8 engine with automatic transmission; and 14 mpg city/20 mpg highway for the Shelby GT500. The GT500 is subject to a $1300 gas-guzzler tax. All GT and Shelby models have a limited-slip rear differential, but no Mustang has an independent rear suspension.

Safety
According to the National Highway Traffic Safety Administration (NHTSA), the Ford Mustang receives 5-star ratings for the driver and passenger in frontal impacts, a 4-star rating for the driver in side impacts, and a 5-star rollover resistance rating. Safety features on all Mustangs include dual-stage front air bags, seat-mounted front side air bags, and a tire-pressure monitor. Anti-lock brakes with electronic brake-force distribution and traction control are standard on V-8 models and optional on V-6 models.

Technology
Ford's ambient lighting illuminates the front and rear footwells and front cupholders in the driver's choice of seven colors. The available navigation system is DVD-based. The available Bluetooth hands-free cell phone link allows cell phone calls to be played over the speakers.

What Changed for 2008:

  • New Shelby GT convertible

  • New 540-hp Shelby GT500 KR due in spring

  • Interior ambient lighting newly available

  • Front side air bags now standard on all models

  • High-intensity discharge headlights newly optional
Overview
With rear-wheel drive and available V-8 power, the Ford Mustang has been called the quintessential American \"pony car.\" Mustang was last redesigned for the 2005 model year, and Ford has expanded Mustang offerings with performance models ever since. For 2008, two new Shelby models are offered: the top-of-the-line 540-hp Shelby GT500KR coupe and the 319-hp Shelby GT convertible. The GT500KR (for King of the Road) is due in spring. All Mustangs have 2+2 seating with a small back seat. V-6 and V-8 power are offered, and Shelby GT500 models have supercharged V-8 engines.

Model Lineup
The Mustang comes in two body styles: coupe and convertible. All convertibles have a power folding top with a glass rear window. V-6-equipped models and V-8-powered GT models are available in Deluxe and Premium trim. GTs come standard with fog lamps, rear spoiler, sport suspension, and 17-inch aluminum wheels. The GT Premium has leather upholstery.

Shelby GT trim upgrades the GT with a unique front fascia; special hood scoop and side scoops; high-flow exhaust; performance suspension; lowered ride height; Hurst short-throw shifter; and 18-inch aluminum wheels. The Shelby GT500 features P255/45R18 front and P285/40R18 rear tires, leather upholstery, Brembo front brakes, and an SVT-tuned suspension. The Shelby GT500KR will have a shorter-throw shifter; 3.73:1 gear ratio versus the GT500's 3.31:1; carbon-fiber hood; and unique suspension tuning. The KR will be limited to 1000 examples.

Models featuring the V-6 engine are offered with a Pony package to give them the look and handling of a GT. A California Special package dresses up a Premium GT with 18-inch wheels, side scoops, tape stripes, larger air intake, special interior trim, and signature front and rear fascias. Available options include a 1000-watt audio system; heated front seats; Bluetooth hands-free cell phone link; remote engine starting; Sirius satellite radio; navigation system; high-intensity discharge headlights; and Ford's ambient lighting.

Powertrain
Mustang's base engine is a 4.0-liter V-6 that makes 210 hp and 240 lb.-ft. of torque. GT models get a 4.6-liter, 300-hp V-8 engine with 320 lb.-ft. of torque. The Shelby GT's 4.6-liter V-8 engine is tuned for 319 hp and 330 lb.-ft. of torque. The V-6 and 4.6-liter V-8 engines are offered with a 5-speed manual or 5-speed automatic transmission. The Shelby GT500 has a supercharged 5.4-liter V-8 engine with 500 hp and 480 lb.-ft. of torque, and the Shelby GT500 KR produces 540 hp. Both Shelby GT500 models come only with a 6-speed manual transmission. Fuel economy ratings are 17 mpg city/26 mpg highway for a V-6 engine with manual transmission; 16 mpg city/24 mpg highway for a V-6 engine with automatic transmission; 15 mpg city/23 mpg highway for a 4.6-liter V-8 engine with manual transmission; 15 mpg city/22 mpg highway for a 4.6-liter V-8 engine with automatic transmission; and 14 mpg city/20 mpg highway for the Shelby GT500. The GT500 is subject to a $1300 gas-guzzler tax. All GT and Shelby models have a limited-slip rear differential, but no Mustang has an independent rear suspension.

Safety
According to the National Highway Traffic Safety Administration (NHTSA), the Ford Mustang receives 5-star ratings for the driver and passenger in frontal impacts, a 4-star rating for the driver in side impacts, and a 5-star rollover resistance rating. Safety features on all Mustangs include dual-stage front air bags, seat-mounted front side air bags, and a tire-pressure monitor. Anti-lock brakes with electronic brake-force distribution and traction control are standard on V-8 models and optional on V-6 models.

Technology
Ford's ambient lighting illuminates the front and rear footwells and front cupholders in the driver's choice of seven colors. The available navigation system is DVD-based. The available Bluetooth hands-free cell phone link allows cell phone calls to be played over the speakers.
Available Trims for the 2008 Ford Mustang
Transmission MSRP Engine City/Hwy MPG
Name Deluxe (2dr Cpe) Transmission Automatic MSRP 19650.00 Engine 4.0L/244 City/Hwy MPG 16/24
Name Premium (2dr Cpe) Transmission Automatic MSRP 20880.00 Engine 4.0L/244 City/Hwy MPG 16/24
Name GT Deluxe (2dr Cpe) Transmission Automatic MSRP 26240.00 Engine 4.6L/281 City/Hwy MPG 15/22
Name GT Premium (2dr Cpe) Transmission Automatic MSRP 27420.00 Engine 4.6L/281 City/Hwy MPG 15/22
Name Shelby GT500 (2dr Cpe) Transmission Manual MSRP 42330.00 Engine 5.4L/330 City/Hwy MPG 14/20
Name Deluxe (2dr Conv) Transmission Automatic MSRP 24475.00 Engine 4.0L/244 City/Hwy MPG 16/24
Name Premium (2dr Conv) Transmission Automatic MSRP 25705.00 Engine 4.0L/244 City/Hwy MPG 16/24
Name GT Deluxe (2dr Conv) Transmission Automatic MSRP 31065.00 Engine 4.6L/281 City/Hwy MPG 15/22
Name GT Premium (2dr Conv) Transmission Automatic MSRP 32245.00 Engine 4.6L/281 City/Hwy MPG 15/22
Name Shelby GT500 (2dr Conv) Transmission Manual MSRP 47155.00 Engine 5.4L/330 City/Hwy MPG 14/20
Vehicle Dependability Study (VDS) by Category
Feature and Accessory Dependability
Powertrain Dependability
Body and Interior Dependability
Overall Dependability

Power Circle Scoring Legend:

Among the best
Better than most
About average
The rest
*Please note that JDPower.com Power Circle Ratings may not include all information used to determine J.D. Power awards. Learn more about how J.D. Power Ratings are calculated.
INTERIOR
  • "Mustang" logo cloth front bucket seats-inc: 4-way manual driver seat w/height adjust, 2-way manual passenger seat
  • Rear 50/50 split fold-down seat
  • Center console-inc: armrest, storage bin
  • Front color-keyed floor mats w/driver retention hook
  • Driver footrest
  • Tilt steering wheel w/speed controls
  • Chrome accent (4) gauge instrument cluster
  • Tire pressure monitoring system
  • Pwr windows w/one-touch up/down
  • Pwr door locks
  • Remote keyless entry
  • SecuriLock passive anti-theft system (PATS)
  • Rear window defroster
  • Premium AM/FM stereo w/CD player-inc: clock, auxiliary audio input jack
  • Air conditioning
  • (2) cupholders
  • (2) pwr points
  • Front door map pockets
  • Center dome lamp
  • Illuminated entry
  • "Mustang" logo cloth front bucket seats-inc: 6-way pwr driver seat w/pwr lumbar, 2-way manual passenger seat
  • Shaker 500 audio system-inc: AM/FM stereo w/6-disc in-dash CD changer, MP3 player, (8) speakers, auxiliary audio input jack
  • "Stampeding Horse" logo cloth front sport bucket seats-inc: 6-way pwr driver seat w/pwr lumbar, 2-way manual passenger seat
  • Aberdeen embossed leather-trimmed sport bucket seats-inc: 6-way pwr driver seat w/pwr lumbar, 2-way manual passenger seat
  • Unique leather sport bucket seats w/cobra logo-inc: 6-way pwr adjust driver seat w/pwr lumbar, increased lateral support
  • Leather-wrapped tilt steering wheel w/red stitching, unique thumb pads
  • Brushed-aluminum accented (6) gauge instrument cluster-inc: boost gauge, message center, SVT graphics
  • My Color customizable 125-color interior lighting system
  • Pwr windows
  • Speed control
  • Shaker 500 audio system-inc: AM/FM stereo w/6-disc in-dash CD changer, MP3 player, (6) speakers
  • Active anti-theft system-inc: perimeter/intrusion alarms
  • Aluminum accented air register vents
  • Soft vinyl door trim inserts
  • Scuff plate w/bright "SVT" insert
  • Header-mounted dome lamp
  • Unique shift knob w/leather shift boot & parking brake handle
  • Rear bench seat
  • Lighted bezel
EXTERIOR
  • Black rocker panel moldings
  • Complex reflector halogen headlamps
  • Dual pwr exterior mirrors
  • Variable intermittent windshield wipers
  • Rear spoiler
  • Color-keyed rocker panel moldings
  • Fog lamps in grille
  • Unique aluminum hood w/functional air vents
  • Unique color-keyed front/rear fascia
  • Unique rear spoiler
  • Over-the-top racing stripes & GT500 side stripes
  • Unique upper & lower grilles
  • Front fog lamps
  • Convertible soft top
  • Black cloth convertible top
  • GT500 side stripes
MECHANICAL
  • 4.0L SOHC V6 engine
  • Engine block heater *STD on retail vehicles only in AK, MN, ND, SD, MT, WI & WY. Optional on fleet vehicles*
  • 5-speed manual transmission
  • Rear wheel drive
  • P215/65R16 all-season tires
  • 16" painted aluminum wheels w/bright machined face
  • Mini spare tire/wheel
  • Pwr rack & pinion steering
  • Pwr vented 4-wheel disc brakes
  • Stainless steel single exhaust system
  • 16" painted aluminum wheels w/bright machined face & chrome spinner
  • 4.6L SOHC SEFI 24-valve V8 engine
  • Limited slip differential
  • Traction control
  • P235/55ZR17 performance all-season BSW tires
  • 17" premium painted cast aluminum wheels
  • 4-wheel anti-lock braking system (ABS)
  • Stainless steel dual exhaust system
  • 5.4L 32-valve DOHC supercharged & intercooled V8 engine
  • 6-speed Tremec manual transmission
  • SVT-tuned MacPherson strut front suspension w/unique dampers & coil springs
  • SVT-tuned live-axle rear suspension w/unique dampers & coil springs
  • P255/45ZR18 performance front tires & P285/40ZR18 performance rear tires
  • 18" x 9.5" GT500 unique bright machined wheels w/SVT center caps
  • Wheel locking kits
  • "Fix a flat" flat tire inflation kit
  • Pwr vented 4-wheel disc brakes w/Brembo front rotors & calipers
  • Stainless steel tuned X-pipe design dual exhaust
PACKAGE
    SAFETY
    • Dual-stage driver & front passenger airbags w/crash severity sensor, driver seat position sensor, occupant sensor
    • Seat mounted side-impact airbags for driver & front passenger
    • 3-point active safety belts in all seating positions
    • Front seat Belt-Minder
    • LATCH (lower anchors & tethers for children) system on rear outboard seats
    • Side intrusion door beams
    • 4-wheel anti-lock braking system (ABS)
    • Traction control
    • 4-wheel anti-lock braking system (ABS) w/electronic brake force distribution (EBD)
    • Second generation front air bag system for driver & front passenger
    ENTERTAINMENT

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