Learn about the Ford Mustang sports car. See the engine specifications, gas mileage, price, and MSRP. Research Ford GT Premium warranty features and Ford Credit lending options.
Looking for a Ford Mustang?
Find your perfect ride. Choose from thousands of vehicles. Your Mustang GT Premium may be waiting for you.
Home » Vehicles » 2002 Ford Mustang GT Premium 2 Door Coupe 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.
About the 2002 Ford Mustang coupe
The 2002 Ford Mustang is made under the Ford vehicle brand name. It is classified as a sports car and comes with a coupe body. This 2 door coupe has rear wheel drive with a 5-speed manual transmission. The Ford Mustang is primarily domestic from the country of United States. The Ford vehicle line is a subsidiary auto brand held by Ford Motor Company.
Thinking about changing vehicles?
Looking for a new car? Check out Ford Mustang coupe listings. Browse extensive inventories to find the vehicle that is right for you!
The Ford Mustang is available in several trim levels and featured packages including the 2002 Ford Mustang GT Premium 2 Door Coupe (4.6L 8-Cylinder 5M). This variation of the Mustang coupe features the GT Premium 2 door coupe with a 4.6L 8-cylinder 5M on the Ford Mustang vehicle chassis. The Mustang GT Premium trim might add vehicle enhancement package deals depending upon the origin of the motor vehicle and the production generation.
Ford Mustang GT Premium Prices and MSRP
Interested in acquiring a 2002 Ford Mustang GT Premium? The original MSRP is noted at $24,390 and used Kelly Blue Book resale values are normally found at lower price points. Used estimates are calculated using the year, make, configuration, and demand. Ford Mustang asking prices can increase outside of these estimates as a result of considerations like increased demand, reduced availability, and industry scarcity. During 2021, truck, SUV, and car values and corresponding auto equity increased due to widespread computer chip shortfalls and supply chain limits. This brought on tension on the auto marketplace with older used vehicle quotes catching up with the highs historically only seen by brand-new motor vehicle sales.
MSRP: $24,390
Trim & Style: GT Premium 2 door coupe with a 4.6L 8-cylinder 5M
Made In: United States
Mustang GT Premium Performance Specs and Engine
An automobile’s power, torque, efficiency, and performance are very important, and they matter more in some cases than others. If you are towing a load or pop up camper with a truck. The performance specs and capabilities of your engine towing bundle matters a lot. If you are taking your sports car out for a track day, your 0-60 time, quarter mile time, brake horsepower, and engine can generate more bragging rights. On the other hand, if you are looking for an economical car to use as a daily driver, you may not care what is under the hood so long as it is dependable and the engine runs well.
Ford Automobile Additional Info
The 2002 Ford Mustang may feature numerous different performance offerings and engine alternatives. This specific Ford motor vehicle comes with 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: $24,390
Manufactured: United States
Data comes from dealer network APIs but is not endorsed or certified by any dealer.
Fuel Economy and Gas Mileage (MPG)
Learning about gas mileage and fuel usage are vital factors when it relates to shopping for a Ford Mustang. The total cost of the motor vehicle includes much more than the manufacturer’s suggested retail price or MSRP price and includes the fuel cost. This is generally the next most pricey aspect when it comes to automobile ownership. The next most costly element is obeying the recommended maintenance schedule and performing preventive upkeep.
The U.S. Environmental Protection Agency or EPA gives estimations into a vehicle’s gas mileage (MPG) and how many miles a car or truck can effectively drive per a gallon of fuel consumed on city streets and on the highway. MPG depends on Ford Mustang engine type, efficiency, operation altitude, and other things like aftermarket adjustments, but it provides a pretty good guideline for fuel use.
For the 2002 Ford Mustang, the EPA expects around 16/23 MPG while driving on city streets and while driving on the highway. These MPG values are different because city driving includes navigating local area roads, traffic lights, stop signs, and other things which make the Ford Mustang to stop and start more frequently. On the highway, the Ford Mustang’s engine and fuel efficiency are extended, allowing them to reach a better MPG rating.
Comparing Vehicle MPGs
Are you thinking about comparing and contrasting car or truck MPGs? Check out how your existing car or truck compares to the fuel effectiveness of the 2002 Ford Mustang. Use the gas mileage difference calculator to see how many more miles you could drive and costs related to fuel. Can you save cash by driving this Ford Mustang or will it cost you more?
Financing your 2002 Ford Mustang coupe can be a good way to drive the vehicle of your dreams while paying for it over the course of a handful of months by making month-to-month payments. Most car buyers start the automobile shopping journey by selecting the vehicle model they want to purchase. Next, consider the monetary aspect and the amount of money you will finance by calculating the difference in between the out the door cost of your brand-new Ford Mustang and the valuations of your down payment and any trade-in credit from your old car or truck.
This will give you the amount you will be required to finance your 2002 Ford Mustang. Talk to finance companies to see quoted financing offers. These offers will often be based on your credit scores, customer profile, and credit report. This next step includes choosing the right loan provider. It is best to review financing rates from several lenders (checking out offers with 3-4 lending institutions is a great idea). Double checking the competing deals will help you find the best funding offer possible on your Ford vehicle.
To finish your Mustang finance, you need to do a number of things involving having a suitable credit rating, meeting lender requirements, and meeting auto finance benchmarks. Credit ratings in the 500s (subprime category) may be acceptable for older used auto funding with scores in the 600s suitable for newer car or truck financing.
Other lending institution requirements include making a particular amount of money each month and meeting residency requirements by living in a location the lender services. Your car should fulfill general automobile financing requirements like being more recent than 10 years old and having less than 100,000 miles with favorable vehicle equity.
Ford Mustang Refinancing
Refinance your Ford Mustang GT Premium coupe. 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.
About Ford Credit
Ford Credit is Ford’s internal finance services division. They provide car buyers with lots of financing options if you are considering buying a late model vehicle from one of the auto brands dealerships. The incentives and deals can include finance deals like 0% APR for 60 months and 6.9% stand alone APR for 84 months (based on the down payment amount). Ford Credit can even provide leasing deals and benefits like 10,500 annual miles for 39 months with a set dollar amount due at finalization.
Understanding Finance Your Mustang GT Premium
It is essential to know how much you can manage to spend on your brand-new 2002 Ford Mustang. When tracking your individual finances, it can be beneficial to track the financing deals from various lending institutions. This step is crucial not just for motor vehicle budgeting but also for your personal financial well being. Checking loan rate and term numbers with a finance calculator is one of the easiest methods to rapidly see your expected automobile payment.
What is the Monthly Car Payment to Buy a Ford Mustang GT Premium?
Are you wondering how much money it would be to take out an automobile loan on a 2002 Ford Mustang? Here is an estimated cost you can use to kick off the research! The answer to your motor vehicle payment estimate question depends on a few factors. The month-to-month automobile payment on a Ford Mustang GT Premium is calculated by using your down payment, auto loan borrowing rate, term, credit history, trade in-value, and other factors. Details like sales tax on the Mustang GT Premium also have to be taken into account. Since the manufacturer’s suggested retail price or MSRP is $24,390, the estimated typical automobile payment for a brand-new Mustang may be near $353.52.
This value can be determined by utilizing the MSRP minus a 10% down payment together with a vehicle loan lending rate of 5% over a 48 month term. Keep in mind these factors will differ based upon your qualifying car loan rates, annual percentage rate or APR, and bank offers. Keep in mind this amount is what it could cost if you bought the 2002 Ford Mustang “new” according to the MSRP. With older motor vehicles, there is a high chance the month-to-month vehicle payment will be considerably different. You can check more price quotes with varying numbers and percentages using a car payment calculator.
Estimated Monthly Payment
$353.52
Involved Payment Factors
MSRP: $24,390 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.
2002 Ford Mustang Refinancing
Refinancing your Ford Mustang is also an alternative to keep in mind after you have already made several of your initial regular monthly automobile payments. The primary loan providers you initially financed through typically have rewards and deals which terminate or are front-weighted. Unique deals like cash back rebates and 0% APR financing discount rates may begin losing their efficiency or worth after 6 to 12 car or truck payments.
Thoroughly go over the conditions of your finance paperwork and check to see when refinancing would be an excellent option to think about. Refinancing enables you to take out a new loan on your automobile financial obligation with a fresh lender successfully altering your car loan’s term and interest rate. If your economic situation has changed from the time you secured the loan for your Ford Mustang or if your original APR and term are no longer good for you, consider refinancing. You can generally save more cash on your monthly car or truck payments by refinancing your vehicle loan.
Ford Mustang Car Insurance Policies
Having valid automotive insurance coverage insurance coverage for your Ford Mustang is critical. Deciding on the right insurance coverage for you will most likely help pay for expenses connected with motor vehicle collisions, vehicle theft, and other damage to your auto. Not only will the policy assist you in repairing the damage from an automobile crash or hitting a stationary object, but having valid insurance coverage is often a legal obligation to operate a vehicle on public roadways in most states and counties in the USA. The very best automobile insurance plans are comprehensive collision coverage which helps you repair your Ford coupe and also cover damage from lots of things like inclement weather, storms, fire, vandalism, and wild animal strikes on top of automobile accidents. Insurance coverage can additionally help you pay for repairs to the 4.6L engine in your coupe along with other mechanical components and parts. The amount you pay for the coverage can vary and is often based upon the manufacture year of your motor vehicle. If you drive the 2002 GT Premium, this will be factored into your monthly insurance coverage payments. Find out more about insurance and secure your Ford Mustang GT Premium 2 door coupe with a 4.6L 8-cylinder 5M.
Buy a Ford Mustang GT Premium
There are a lot of factors to think about when it comes time to purchase a car or truck. You want to locate the ideal make and model that fits your demands along with handling a car payment that meshes well with your budget. There are a lot of alternatives out there for looking at new and used automobile inventory, so it can be difficult to understand where to start your vehicle buying journey. Try Carvana.
Mustang GT Premium Safety, Warranties, and Features
Service Warranty and Maintenance
When it comes to getting the finest care for your new motor vehicle, we typically think of branded factory service warranties. These factory warranties provide basic coverages like a restricted 3 year in duration or 36,000 mile bumper-to-bumper service warranty and a 5 year or 60,000 mile powertrain manufacturer’s warranty. These yearly timeframes start from the original date of sale by the original car’s owner.
Extra manufacturer factory car service warranties are usually readily available depending upon the engine type of the car. For example, brand-new vehicles with diesel motors can feature a manufacturer’s factory 5 year duration or 100,000 mile powertrain manufacturer’s warranty. Hybrid vehicles and electric vehicles (EVs) can also come with special protection like a 8 year duration or 100,000 mile service warranty.
There are also extended motor vehicle service plans (VSPs), Certified pre-owned (CPO) coverage, and additional warranty protection alternatives available beyond the auto maker’s original factory programs. VSPs offer maintenance service plans with additional coverage for a vehicle’s components and parts in the event your car or truck suffers from a disastrous mechanical failure or breakdown. These are good alternatives to look into when buying a used car.
CPO guarantees frequently include coverage for additional years with a limitation like 2 years or 80,000 miles on the motor vehicle. Cars, trucks, and SUVs that come with CPO statuses undergo a thorough pre-owned examination by licensed service technicians which includes extra service warranty years. CPO cars normally have price points more than equivalent used vehicles , however, they could be worth it for having comfort that the automobile you are purchasing is mechanically sound.
Other protection choices consist of pre-paid vehicle maintenance programs from automobile dealerships. These plans help to fix the components, services, and labor that pertain to the suggested maker’s upkeep schedule. You can identify these line items and associated mileages noted in the car owner’s handbook.
Information Regarding Mustang Warranty Types
Factory Warranty: A factory service warranty is what you may think of when the idea of car warranties are brought up. These kinds of service warranties usually are included with new motor vehicles and are among the most convenient and most budget-friendly approaches to maintain your vehicle– warranty wise because the new automobile might cost more than a used one leading to less affordability. The factory service warranty resembles a manufacturer’s service warranty and is a commitment from the automaker. Under the warranty guarantee scope, the vehicle company will repair any damaged areas and/or replace any damaged parts due to manufacturing issues, flawed components, and faulty workmanship with no cost to you as the motor vehicle owner. The guarantee ensures the car will be repaired to excellent operating shape.
Drivetrain Warranty: A drivetrain warranty covers the parts, systems, and components which move the automobile forward. The components of the drivetrain can include the axles, driveshaft, transmission, engine, exhaust manifolds, wheels, and associated components. The warranty also normally includes engine components like seals, gaskets, and other rubberized elements. A drivetrain service warranty is another term for a powertrain service warranty and may cover comparable components depending on the producer’s definitions and warranty terms.
Roadside Warranty: A roadside warranty helps you when you are stranded or are broken down on the road. This warranty for the Ford Mustang GT Premium includes basic aid services such as towing, blowout fixing or replacement, dead battery help and jumpstarts, lockout help, fluid and fuel delivery, and other similar services. A roadside service warranty resembles roadside assistance, however it is provided with the brand-new vehicle from the car manufacturer and not an add-on item through insurance policies or a vehicle service contract or VSC.
Rust & Corrosion Warranty: A rust and corrosion warranty helps to protect the frame, materials, and body of the vehicle. Car manufacturers include this anti-rust warranty with brand-new vehicles to help fix damage brought on by caustic liquids, substances, and other road maintenance products. While vehicle bodies are developed from materials which have corrosion-resistance like aluminum, magnesium, carbon fiber, and plastic, rust can still form. Substantial amounts of roadway deicers like salt or sodium chloride, calcium chloride, magnesium chloride, and comparable elements and compounds can cause a vehicle’s body to rust. Other corrosive liquids like bleach and acid (while not normally encountered on roadways), can cause oxidation if sprayed on a car’s body panels.
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 Premium Manufacturer Specs
In order to attract a greater market of car owners who are interested in the 2002 Ford Mustang GT Premium, different trim levels are provided. A lot of auto manufacturers offer various alternatives for their automobiles. This includes Ford Motor Company who makes the Mustang model. These options can consist of factors like assorted paint colors, wheel sizes, or bundles that consist of elements like a sunroof or navigation system. Providing these options permits manufacturers to attract diverse kinds of customers as well as enables them to sell even more vehicles.
These factory options enable consumers to select a vehicle which satisfies their needs and can include different features that they might want in their car. Some vehicle producers might offer things like a range of different engines, trim lines, and sport or performance packages to select from, while others may provide a wide range of exterior colors or interior trim levels. The options that are available are going to vary between automakers, makes, and models, so do your research when you are searching for a vehicle with particular traits like heated seats or 3rd occupant seating.
By making the effort to look into the various choices that are available in the vehicle market, you, as the customer, can ensure that you are getting exactly what you want in your new vehicle. This coupe by Mustang comes equipped from the automobile maker with a number of basic configurations 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, height adjustable driver seat, leather, sport front seats,split-folding rear seatback,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 vanity mirrors,4 subwoofer(s), 460 watts stereo output, 8 total speakers, mast antenna, AM/FM in dash-CD stereo, multi-CD located in dash,privacy glass, rear defogger, 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 Common Questions
Have questions about the Ford Mustang GT Premium? Find answers to frequently asked FAQs. It is crucial to know what you are getting into with your vehicle purchase and research the specific details. Check out the specs and be aware of how the monthly car payment on your vehicle can impact your budget. These FAQs can help you understand the capabilities of the vehicle along with miles per gallon, weight, horsepower, and engine capabilities.
What is a Ford Mustang GT Premium?
The Ford Mustang is a vehicle line produced by Ford Motor Company. The GT Premium is a specific package of the Ford Mustang lineup. The vehicle is categorized as a sports car.
How much does a Ford Mustang GT Premium cost?
The Ford Mustang GT Premium costs around $24,390.
What is the car payment to buy a Ford Mustang GT Premium?
The monthly car payment on a Ford Mustang GT Premium 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 Premium also need to be considered. Since the MSRP is $24,390, the average car payment for a new Mustang could be around $353.52. 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 Premium?
You may be able to lease a Ford Mustang GT Premium through an auto loan lender or financial institution.
Can I refinance my Ford Mustang GT Premium?
You may be able to refinance your Ford Mustang GT Premium 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 Premium?
Try searching car dealers like Carvana for a Ford Mustang GT Premium. 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 Premium go on a single tank of gas?
The Ford Mustang GT Premium 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 Premium?
The Ford Mustang with the GT Premium 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 Premium have?
The Ford Mustang GT Premium comes with a 4.6L V8 5-speed manual engine.
What type of drivetrain does a Ford Mustang GT Premium have?
The Ford Mustang GT Premium features a rear wheel drive drivetrain.
What kind of transmission does a Ford Mustang come with?
The Ford Mustang GT Premium comes with a 5-speed manual transmission.
Where is the Ford Mustang made?
The Ford Mustang GT Premium 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 Premium?
The Ford Motor Company is the auto manufacturer which produces the Ford Mustang GT Premium.
How much does a Ford Mustang weigh?
The Ford Mustang GT Premium has a gross vehicle weight of pounds and a curb weight of 3,241 pounds. Learn more about how a vehicle is weighed.
What kind of warranty does the Ford Mustang come with?
The Ford Mustang GT Premium 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.
