1994 Ford Mustang GT
Build Sheet
| Year | 1994 |
|---|---|
| Body | 2-door coupe and convertible |
| Engine | 5.0L (302 cu in) OHV V8 |
| Horsepower | 215 hp @ 4,200 rpm |
| 0–60 mph | approx. 6.5 seconds |
| Production | 123,198 (total 1994 Mustang, all models) |
| Original MSRP | approx. $17,280 (1994 GT) |
| Current value | $14,500-$21,000 for excellent examples (2024) |
The Story
By the early 1990s the boxy Fox-body Mustang had grown old, and Ford needed a fresh start. The 1994 Mustang, code-named SN95, delivered it with curvy, modern styling that recalled classic Mustangs while looking firmly of its decade. It was a hit, earning Motor Trend Car of the Year and proving the pony car still had a future.
The GT carried over the familiar 5.0-liter pushrod V8, now rated at 215 horsepower and fitted with a lower-profile intake to clear the sleek new hood. A five-speed manual was standard, sending power to a live rear axle in the time-honored Mustang tradition. Zero to 60 mph took roughly six and a half seconds, with a satisfying V8 rumble at every throttle stab.
Inside, a sweeping dual-cowl dashboard wrapped around the driver, a stylistic nod to 1960s Mustangs that set the SN95 apart from its plain predecessor. Buyers could choose a snug coupe or a drop-top convertible, and a base GT could be driven home for around $17,280.
Affordable, rear-drive and endlessly modifiable, the 1994 GT introduced a new generation to V8 Mustang ownership. It marked the end of the long-running 5.0 era, since fuel-injected modular engines would arrive just two years later, making these early SN95 cars a nostalgic favorite today.
