Learn about the Ford Mustang sports car. See the engine specifications, gas mileage, price, and MSRP. Research Ford GT Deluxe warranty features and Ford Credit lending options.
Looking for a Ford Mustang?
Find your perfect ride. Choose from thousands of vehicles. Your Mustang GT Deluxe may be waiting for you.
Home » Vehicles » 2002 Ford Mustang GT Deluxe 2 Door Convertible 4.6L 8-Cylinder 5M
The products and offers that appear on the website are from respective partners, companies, and third-party advertisers from which we receive compensation. This compensation may impact how and where products appear on this site including the order in which they appear. This site does not include all financial products or companies or all available product offers. Learn more about our partners and how we make money.
Details About the 2002 Ford Mustang convertible
The 2002 Ford Mustang is produced under the Ford vehicle brand name. It is categorized as a sports car and makes use of a convertible body. This 2 door convertible has rear wheel drive with a 5-speed manual transmission. The Ford Mustang is mainly domestic from the country of United States. The Ford automobile line is a subsidiary auto maker held by Ford Motor Company.
Thinking about changing vehicles?
Looking for a new car? Check out Ford Mustang convertible listings. Browse extensive inventories to find the vehicle that is right for you!
The Ford Mustang comes in several trim levels and packages such as the 2002 Ford Mustang GT Deluxe 2 Door Convertible (4.6L 8-Cylinder 5M). This variation of the Mustang convertible sports the GT Deluxe 2 door convertible with a 4.6L 8-cylinder 5M on the Ford Mustang platform. The Mustang GT Deluxe trim might include vehicle upgrade bundles depending on the origin of the motor vehicle and the production generation.
Ford Mustang GT Deluxe Prices and MSRP
Are you excited to acquire a 2002 Ford Mustang GT Deluxe? The recommended MSRP is listed at $27,475 and used vehicle Kelly Blue Book market prices are generally found at lower price points. Used vehicle values are calculated with the year, make, style, and other details. Ford Mustang appraisals can increase beyond these estimates because of things like increased demand, restricted availability, and auto industry shortages. For example in 2021, truck, SUV, and car estimates and relevant motor vehicle equity increased due to global chip manufacturing shortages and supply chain limitations. This shortage resulted in a ripple effect on the car market with older used vehicle estimates passing up the value highs formerly just seen by new motor vehicle sales.
MSRP: $27,475
Trim & Style: GT Deluxe 2 door convertible with a 4.6L 8-cylinder 5M
Made In: United States
Mustang GT Deluxe Performance Specifications and Engine
The performance specs and efficiency of your vehicle’s engine matter a lot. If you are towing a load or small trailer with a truck. The power, specifications and capabilities of your engine hauling package matters a lot. Your 0-60 time, quarter mile time, horsepower, and engine can lead to more bragging rights if you are taking your sports car out for a track day. However, if you are trying to find an economical sedan to drive as an everyday driver, you may not care what is under the hood if it is trustworthy and the engine runs well.
Ford Automobile Additional Information
The 2002 Ford Mustang might include a number of different performance bundles and engine choices. This exact Ford automobile includes the 4.6 gas engine with a rear wheel drive drivetrain.
Engine: 4.6L 8-cylinder 5M
Horsepower: 260
Doors: 2 door
Transmission: 5-speed manual
Drive Type: rear wheel drive
Fuel: gas
MSRP: $27,475
Manufactured: United States
Data comes from dealer network APIs but is not endorsed or certified by any dealer.
Fuel Economy and Miles Per Gallon (MPG)
Being conscious of gas mileage and fuel economy are vital elements when it concerns getting a Ford Mustang. The real expense of the automobile includes much more than the tag price and includes the fuel cost. This is usually the next most pricey aspect when it comes to auto ownership. The next most expensive element is adhering to the recommended upkeep schedule and conducting preventive maintenance.
The U.S. Environmental Protection Agency or EPA produces estimates around vehicle gas mileage (MPG) and the number of miles a motor vehicle can economically drive per a gallon of fuel required to operate on city streets and on the highway. MPG depends on Ford Mustang engine type, efficiency, operation elevation, and other things like aftermarket adjustments, but it offers a good standard for fuel consumption.
For the 2002 Ford Mustang, the EPA quotes drivers will get about 16/23 MPG for operating the vehicle on city streets and while operating the vehicle on the highway. These MPG values are different given that city driving involves traversing community roads, stopping at traffic signals, pausing at stop signs, waiting at crosswalks for pedestrians, and other things which call for the Ford Mustang to stop and start more regularly. On the highway, the Ford Mustang’s engine and fuel effectiveness are extended, attaining a greater MPG score.
Comparing Vehicle MPGs
Are you interested in comparing automobile MPGs? See how your present car, truck, or SUV compares to the fuel performance of the 2002 Ford Mustang. This could be an important factor in the vehicle buying journey. Use the gas mileage comparison calculator below to see how many more miles you could drive and the price of fuel. Can you save gas money by driving this Ford Mustang or will it cost you more?
Financing your 2002 Ford Mustang convertible could be a good way to buy the automobile of your dreams while paying off the cost over the course of many months or years by making month-to-month payments. Car owners begin the motor vehicle shopping journey by searching for the vehicle model they prefer to get. Next, consider the monetary aspect of the new car and the amount you will need to finance by finding the difference in between the out the door cost of your new Ford Mustang and the values of your down payment and any trade-in value from your existing car. Deduct these values from the new automobile’s value.
This will calculate the total amount you need to finance your 2002 Ford Mustang. Talk to loan providers to see qualified financing offers. These offers will usually be based on your credit scores, consumer credit profile, and credit report. The next step involves choosing the ideal lending institution. It is usually best to check out loan rates from several lenders (checking offers with 3-4 lenders is great). Checking offers from competing lenders will help you secure the very best financing deal possible on your Ford motor vehicle.
To finish your Mustang finance, you need to do a few things involving having a qualifying credit rating, meeting loan provider prerequisites, and meeting automobile finance qualifying criteria. Credit ratings in the 500s (subprime category) may be appropriate for older used automobile financing with scores in the 600s suitable for newer auto financing.
Other lender requirements include making a particular quantity of cash each month and meeting residency requirements by living in an area the loan provider services. Your car or truck must meet general vehicle finance requirements like being newer than 10 years old and having less than 100,000 miles with positive vehicle equity.
Ford Mustang Refinancing
Refinance your Ford Mustang GT Deluxe convertible. Learn how you can save money by adjusting your current loan.
Find Ford Mustang Insurance
Learn about insurance and see coverage options for your Ford Mustang. Bundling your insurance can save you money.
Information About Ford Credit
Ford Credit is Ford’s internal finance support services branch. If you are thinking about buying a newer motor vehicle from a brand dealer, they offer a few financing options. The rewards and promotions can consist of financing deals like 0% APR for 60 months and 6.9% stand alone APR for 84 months (based on the down payment). Ford Credit can even supply lease deals and incentives like 10,500 annual miles for 39 months with a set dollar amount due at finalizing.
Calculate Funding Your Mustang GT Deluxe
It is essential to understand how much you can manage to put towards your new 2002 Ford Mustang. When tracking your personal expenses, it can be good to keep track of the financing deals from different lenders. This step can be essential not only for car budgeting but also for your personal finances. Checking loan numbers with a financing calculator is one of the most convenient ways to rapidly see your expected automobile payment.
How Much is the Car Payment to Buy a Ford Mustang GT Deluxe?
Are you wondering how much it would cost to take out a vehicle loan on a 2002 Ford Mustang? Here is an estimated cost you can use to kick off your research! The most accurate answer to the car payment question depends on a couple of things. The regular monthly vehicle payment on a Ford Mustang GT Deluxe is calculated by your deposit, auto loan lending rate, loan term, credit history, trade in-value, and other elements. Things like sales tax on the Mustang GT Deluxe also must be looked at. Because the manufacturer’s suggested retail price or MSRP is $27,475, an average estimated automobile payment for a new Mustang could possibly be near $398.23.
This can be estimated by using the MSRP minus a 10% down payment with a car or truck loan interest rate of 5% over a 48 month term. Keep in mind it does not take into account important info like sales tax. Simply use this information for research purposes only. Remember this payment is what it could cost if you were to buy the 2002 Ford Mustang “brand-new” based on the MSRP. With used and older automobiles, there is a significant likelihood the regular monthly motor vehicle payment will be noticeably different. You can check additional estimates with varying percentages and numbers by using a vehicle loan calculator.
Estimated Monthly Payment
$398.23
Involved Payment Factors
MSRP: $27,475 Down Payment: 10% (estimated payment) Loan Interest Rate: 5% (average rate) Car Loan Term: 72 months (varies by offer)
Note: This estimated payment does not include other factors and costs like sales tax which would normally be included in actual payment estimate.
Info About 2002 Ford Mustang Refinancing
Refinancing your Ford Mustang is also an option to think about after you have made a number of your initial monthly vehicle payments. The primary lenders you originally funded through often have benefits and offers which terminate or are front-weighted. Special offers like cash back refunds and 0% APR financing discount rates may start losing their efficiency or value after 6 to 12 auto payments.
If your financial scenario has changed because you purchased your Ford Mustang or if your initial APR and term are no longer advantageous to you, think about refinancing. You can usually conserve cash on your month-to-month vehicle payments by refinancing your car loan.
Ford Mustang Auto Insurance Coverage
Maintaining valid car insurance coverage insurance for your Ford Mustang is very important. Selecting the appropriate coverage for you will most likely help pay for damages and expenses connected with traffic accidents, auto theft, and other damage to your car. Not only can insurance coverage help you repair the damage from an automotive collision or hitting an object, but maintaining valid insurance coverage is commonly a legal mandate to drive a car on public roadways in almost all states and counties in the U.S. The very best auto insurance plans are often comprehensive collision coverage which helps you repair your Ford convertible and also pay for non accident-related damage from other situations things like bad weather conditions, storms, wildland fires, vandalism, and animal strikes on top of motor vehicle collisions. The insurance coverage can also help you repair the 4.6L engine in your convertible as well as other mechanical parts and components. The amount you spend for the insurance protection can range and is frequently based upon the manufacture year of your vehicle. If you drive the 2002 GT Deluxe, this will be factored into your month-to-month insurance payments. Discover more about insurance and secure your Ford Mustang GT Deluxe 2 door convertible with a 4.6L 8-cylinder 5M.
Buy a Ford Mustang GT Deluxe
Shopping for the ideal motor vehicle can be difficult. There are a great deal of things to think of when it comes time to purchase a motor vehicle. You need to find the ideal make and model that fits your goals along with managing a car or truck payment that fits into your spending plan. There are a bunch of options in the market for buying new and used car stock, so it can be tough to know where to start your vehicle buying journey. Carvana is one of the very best places to start shopping for a car. Their large inventory, financing options, and trade-in policies can help you easily change the automobile you have now for a different one you prefer to drive. Find out how to purchase a car or truck with Carvana.
When it comes to getting the best care for your new vehicle, we frequently think of factory service warranties. These factory manufacturer’s warranties incorporate traditional coverages like a limited 3 year duration or 36,000 mile bumper-to-bumper manufacturer’s warranty and a 5 year duration or 60,000 mile powertrain guarantee. These annual durations begin with the initial sale date by the initial car’s owner.
Additional manufacturer factory auto warranties are often readily available based on the engine type of the car. As an example, brand-new cars, SUVs, or trucks with diesel motors can include a manufacturer 5 year duration or 100,000 mile powertrain warranty. Hybrid cars and electrically powered vehicles (EVs) often come with unique coverage like a 8 year long or 100,000 mile guarantee.
There are also extended vehicle service plans (VSPs), Certified pre-owned (CPO) guarantees, and extra service warranty coverage choices available beyond the maker’s factory programs. VSPs provide routine maintenance service programs with supplementary protection for a vehicle’s components and parts in case your motor vehicle experiences a large mechanical failure. These are good choices to look at when purchasing a used car or truck.
CPO warranties commonly include protection for additional years limited by time and mileage like 2 years or 80,000 miles on the vehicle. Cars, trucks, and SUVs that carry CPO status go through a thorough pre-owned checkup by certified brand technicians which adds additional warranty years. CPO automobiles usually have price points more than equivalent used vehicles but can be worth it for having peace of mind that the car or truck you are getting is mechanically safe.
Other coverage alternatives include prepaid vehicle maintenance programs from auto dealerships. These programs address the components, services, and labor that pertain to the advised producer’s repair and maintenance schedule. You can identify these line items and associated mileages listed in the vehicle owner’s manual.
Mustang Warranties
Factory Warranty: A factory warranty is what you might think of when it comes to the general concept of an “automobile warranty”. These types of warranties most frequently come with new automobiles and are one of the simplest and most inexpensive ways to protect your motor vehicle – warranty wise given that the brand-new automobile might cost more than a used one leading to you spending more money.
Drivetrain Warranty: A drivetrain warranty covers the components, parts, and systems which “drive” the vehicle ahead. The parts of the drivetrain can incorporate the axles, driveshaft, transmission, engine, exhaust manifolds, wheels, and associated components. The warranty also generally protects engine parts like seals, gaskets, and other rubberized parts. A drivetrain service warranty is another term for a powertrain warranty and might cover comparable parts depending on the producer’s definitions and warranty terms.
Roadside Warranty: A roadside warranty can help you when you are stranded or breakdown when traveling. This service warranty for the Ford Mustang GT Deluxe consists of standard support services such as towing, flat tire fixing or replacement, dead battery help and jumpstarts, lockout assistance, fluid and fuel transport and delivery, and other similar services. A roadside warranty is similar to roadside assistance, but it is provided with the new vehicle from the manufacturer and not an add-on product through your car insurance or a vehicle service plan (VSP).
Rust & Corrosion Warranty: A rust and corrosion warranty helps to protect the body, materials, and frame of the vehicle. Automakers often include this warranty with brand-new cars to help fix damage caused by caustic liquids, elements, and materials.
Ford Mustang Factory Warranty Coverage
Factory Warranty: 3 years / 36,000 miles
Drive Train Warranty: 3 years / 36,000 miles
Roadside Warranty: 3 years / 36,000 miles
Rust & Corrosion Warranty: 5 years / unlimited miles
Data comes from dealer network APIs but is not endorsed or certified by any dealer.
Ford Mustang GT Deluxe Manufacturer Features
In order to appeal to a wider variety of consumers who are interested in the 2002 Ford Mustang GT Deluxe, a few different trim levels are provided. A large number of vehicle corporations provide various alternatives for their cars. This includes Ford Motor Company who makes the Mustang model. These choices can incorporate things like assorted paint shades, wheel dimensions, or bundles that consist of benefits like a sunroof or navigation system. Delivering these choices enables manufacturers to attract different types of customers and helps them to sell more automobiles.
These choices allow customers to choose a car which fulfills their needs plus can include various functions that they might want in their automobile. Some automobile makers might offer things like a selection of different engines, trim lines, and also performance packages to select from, while others might provide different exterior color options or interior trim levels. The options that are available will vary between automakers, makes, and models, so do your research when you are looking for an automobile with particular traits like heated seats or third occupant seats.
By making the effort to look into the various choices that are readily available, you, as the customer, can make sure that you are buying exactly what you want in your new vehicle. This convertible by Mustang comes equipped from the automobile maker with a number of basic trims and options. They consist of options like the front independent suspension, modified MacPherson strut front suspension, multi-link rear suspension,6-way power driver seat, cloth, height adjustable driver seat, sport front seats,1 one-touch power windows, remote keyless power door locks, heated mirrors, power mirrors,clock, tachometer,cruise control, front cupholders, power steering, remote trunk release, tilt-adjustable steering wheel,front reading lights, leather steering wheel, trunk light, air conditioning, dual illuminating vanity mirrors,80 watts stereo output, mast antenna, AM/FM stereo,power convertible roof, privacy glass, intermittent wipers,rear spoiler,alloy wheels, temporary spare tire, 17 x 8.0 inch wheels, alloy spare wheel, P245/45R Z tires, performancE tires,2 front headrests, anti-theft alarm system, child seat anchors, electronic brakeforce distribution, front fog/driving lights, traction control, 4-wheel ABS, emergency interior trunk release, ventilated front disc/solid rear disc brakes, and other standard features.
Ford Mustang FAQs
Looking for info about the Ford Mustang GT Deluxe? Find answers to frequently asked questions. It is good to know what you are getting into with your vehicle purchase and research the specific details. Check out the specs and understand how the monthly car payment on a car can affect your budget. These questions can help you start to understand the capabilities of the vehicle along with miles per gallon, weight, horsepower, and engine capabilities.
What is a Ford Mustang GT Deluxe?
The Ford Mustang is a vehicle line produced by Ford Motor Company. The GT Deluxe is a specific package of the Ford Mustang lineup. The vehicle is categorized as a sports car.
How much does a Ford Mustang GT Deluxe cost?
The Ford Mustang GT Deluxe costs around $27,475.
What is the car payment to buy a Ford Mustang GT Deluxe?
The monthly car payment on a Ford Mustang GT Deluxe depends on your down payment, car loan interest rate, term, credit score, trade in-value, and other factors. Things like sales tax on the Mustang GT Deluxe also need to be considered. Since the MSRP is $27,475, the average car payment for a new Mustang could be around $398.23. This can be estimated by using the MSRP minus a 10% down payment with a motor vehicle loan interest rate of 5% over a term of 48 months. Keep in mind these factors will vary depending on your qualifying loan rates and lending offers. You can check additional estimates with varying numbers by using a car payment calculator.
Can I lease a Ford Mustang GT Deluxe?
You may be able to lease a Ford Mustang GT Deluxe through an auto loan lender or financial institution.
Can I refinance my Ford Mustang GT Deluxe?
You may be able to refinance your Ford Mustang GT Deluxe depending on your credit score and financial situation. To learn more about lenders who offer vehicle refinancing and car loans, check out the best auto refinance companies.
Where can I buy a Ford Mustang GT Deluxe?
Try searching car dealers like Carvana for a Ford Mustang GT Deluxe. They often have good deals on recent vehicles and may also have a similar Ford Mustang in their inventory.
How far does the Ford Mustang GT Deluxe go on a single tank of gas?
The Ford Mustang GT Deluxe can usually travel around 248.0/356.5 miles miles on a full tank of gas. This range is dependent on driving conditions, vehicle maintenance, and other roadway factors.
Does the Ford Mustang have good gas mileage?
Ford Mustang gets an EPA estimated 16/23 MPG miles per gallon (MPG) on the city/highway roads. The combined MPG is 19 MPG. Understanding if this is a good gas mileage depends on what you are comparing the vehicle to. You can use our Gas Mileage Comparison calculator to see MPG estimates between vehicles with different MPG ratings along with destinations.
What kind of gas mileage does the Ford Mustang get?
The Ford Mustang gets 16/23 MPG (city/highway) MPG per the Environmental Protection Agency or EPA. The combined MPG rating is 19.
What type of gas does a Ford Mustang use?
The Ford Mustang uses the regular unleaded fuel type.
How much gas does the Ford Mustang gas tank hold?
The gas tank in the Ford Mustang holds 15.5 gallons of gas.
What type of vehicle is the Ford Mustang GT Deluxe?
The Ford Mustang with the GT Deluxe package is a sports car.
What is the towing capacity of a Ford Mustang?
The Ford Mustang has a towing capacity of pounds.
How much horsepower does a Ford Mustang have?
The Ford Mustang has a horsepower rating of 260HP.
What kind of engine does a Ford Mustang GT Deluxe have?
The Ford Mustang GT Deluxe comes with a 4.6L V8 5-speed manual engine.
What type of drivetrain does a Ford Mustang GT Deluxe have?
The Ford Mustang GT Deluxe features a rear wheel drive drivetrain.
What kind of transmission does a Ford Mustang come with?
The Ford Mustang GT Deluxe comes with a 5-speed manual transmission.
Where is the Ford Mustang made?
The Ford Mustang GT Deluxe is made in the United States by Ford Motor Company.
Is the Ford Mustang domestic or imported?
The Ford Mustang is a domestic vehicle.
What car company makes the Ford Mustang GT Deluxe?
The Ford Motor Company is the auto manufacturer which produces the Ford Mustang GT Deluxe.
How much does a Ford Mustang weigh?
The Ford Mustang GT Deluxe has a gross vehicle weight of pounds and a curb weight of 3,379 pounds. Learn more about how a vehicle is weighed.
What kind of warranty does the Ford Mustang come with?
The Ford Mustang GT Deluxe can come with a few warranties from the manufacturer including a 3 years / 36,000 miles drivetrain warranty, a 3 years / 36,000 miles roadside warranty, a 5 years / unlimited miles anti-rust warranty, and a maintenance program.
