Learn about the Ford Mustang sports car. See the engine specifications, gas mileage, price, and MSRP. Research Ford Premium warranty features and Ford Credit lending options.
Looking for a Ford Mustang?
Find your perfect ride. Choose from thousands of vehicles. Your Mustang Premium may be waiting for you.
Home » Vehicles » 2002 Ford Mustang Premium 2 Door Coupe 3.8L 6-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 manufactured under the Ford car brand. It is classified as a sports car and makes use of 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 motor vehicle producer 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 can be found in multiple trim levels and packages including the 2002 Ford Mustang Premium 2 Door Coupe (3.8L 6-Cylinder 5M). This variation of the Mustang coupe features the Premium 2 door coupe with a 3.8L 6-cylinder 5M on the Ford Mustang platform. The Mustang Premium trim may feature automobile upgrade package deals depending upon the origin of the vehicle and the generation.
Ford Mustang Premium Price and MSRP
Are you excited to own a 2002 Ford Mustang Premium? The original MSRP is quoted at $19,195 and related Kelly Blue Book appraisals are normally lower. Used quotes are calculated with the year, make, style, and other details. Ford Mustang sale prices can increase outside of these estimates due to considerations like increased demand, restricted supply, and auto industry shortages. For example in 2021, car prices and corresponding vehicle equity inflated due to semiconductor chip manufacturing shortages and supply chain hiccups. This shortage triggered a strain on the marketplace with older used estimates catching up with the price highs previously only seen by new car models.
MSRP: $19,195
Trim & Style: Premium 2 door coupe with a 3.8L 6-cylinder 5M
Made In: United States
Mustang Premium Performance Specs and Engine
The performance specs and abilities of your vehicle’s engine matter a lot. As an example, if you are pulling a load or recreational vehicle with a truck. The performance specs and capabilities of your engine hauling bundle matters a lot. If you are taking your sports car out for a track day, your quarter mile time, horsepower, and engine can result in more bragging rights. However, if you are considering an economical car to run about town as a daily driver, you may not even care what is under the hood so long as it is trustworthy and the engine runs well.
Ford Vehicle Details and Info
The 2002 Ford Mustang may come with a number of various performance offerings and engine options. This specific Ford motor vehicle features the 3.8 gas engine with a rear wheel drive drivetrain.
Engine: 3.8L 6-cylinder 5M
Horsepower: 190
Doors: 2 door
Transmission: 5-speed manual
Drive Type: rear wheel drive
Fuel: gas
MSRP: $19,195
Manufactured: United States
Data comes from dealer network APIs but is not endorsed or certified by any dealer.
Fuel Usage and Miles Per Gallon (MPG)
Learning about gas mileage and fuel economy are key elements when it relates to shopping for a Ford Mustang. Other than the MSRP expense of the automobile, the fuel cost is usually the next most expensive element when it concerns automobile ownership. The third most pricey element is following the recommended manufacturer’s service schedule and carrying out preventive repairs and maintenance.
The U.S. Environmental Protection Agency or EPA offers estimates around a vehicle’s gas mileage (MPG) and how many miles an auto can economically drive per a gallon of fuel consumed on city streets and on the highway. MPG is dependent on Ford Mustang engine type, performance, operation elevation, and other things like aftermarket customizations, but it supplies a pretty good guideline for fuel usage.
For the 2002 Ford Mustang, the EPA has determined drivers will get an average of 17/27 MPG while operating the vehicle on city streets and while operating the vehicle on the highway. These valuations are different given that city driving includes traveling on local roads, stopping at traffic lights, pausing at stop signs, waiting at crosswalks for pedestrians, and other things which call for the Ford Mustang to start and stop more often. On the highway, the Ford Mustang’s engine and fuel effectiveness are extended, accomplishing a greater MPG score.
Comparing Motor Vehicle MPGs
Are you curious about comparing and contrasting motor vehicle MPGs? See how your current car or truck compares to the fuel performance of the 2002 Ford Mustang. This could be a significant factor in your vehicle purchasing process. 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 in gas to drive?
Financing your 2002 Ford Mustang coupe could be a good way to own the automobile you need while paying off the cost over a number of years by making regular monthly payments toward the vehicle. Most car buyers start the auto buying process by identifying the vehicle model they prefer to buy. Next, you need to figure out the amount of money you will need to find to finance the vehicle by finding the difference in between the cost of your new Ford Mustang and the values of your down payment and any trade-in credit from your old car.
This will provide you with the amount of money you will be required to finance your 2002 Ford Mustang. Contact loan companies to see quoted financing deals. These deals will often be based on your credit bracket, customer credit profile, and credit history. The next step is all about getting the ideal lending institution. It is good to compare loan terms and rates from a few lenders (checking out offers with 3-4 loan providers is great). Checking offers from competing lenders will help you secure the best funding deal possible on your Ford automobile.
To finish your Mustang financing, you need to do a few things including having a suitable credit rating, meeting financier prerequisites, and meeting car financing requirements. Credit ratings in the 500s (subprime classification) might be appropriate for older used automobile financing with ratings in the 600s suitable for newer car or truck financing.
Other loan provider requirements include making a specific quantity of money each month and meeting residency requirements by living in an area the lending institution services. Your vehicle must fulfill basic motor vehicle financing requirements like being more recent than 10 years old and having less than 100,000 miles with positive vehicle equity.
Ford Mustang Refinancing
Refinance your Ford Mustang 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 monetary services branch. They give car buyers many lending options if you are thinking about purchasing a late model car or truck from one of the auto brands car dealerships. The incentives and special offers can include financing deals like 0% APR for 60 months and 6.9% stand alone APR for 84 months (based upon the down payment amount). Ford Credit can even offer leasing deals and rewards like 10,500 yearly miles for 39 months with a set dollar amount due at signing.
Calculate Lending Options for Your Mustang Premium
It is essential to be aware of how much you can manage to pay for your new 2002 Ford Mustang. When tracking your personal financial resources, it can be beneficial to keep track of the finance offers from various lenders. This step can be important not only for car budgeting but also for your personal finances. Using a finance calculator is among the fastest methods to rapidly see your predicted auto payment.
What is the Monthly Payment to Buy a Ford Mustang Premium?
Wondering how much it would be to sign a vehicle loan on a 2002 Ford Mustang? Here is some information you can use to kick off the research! The best answer to the motor vehicle payment estimate question depends on a few numbers. The regular monthly automobile payment on a Ford Mustang Premium depends on your down payment, auto loan lending rate, loan term, your credit score, trade in-value, and other things. Things like sales tax on the Mustang Premium also must be taken into account. Therefore, given that the manufacturer’s suggested retail price or MSRP is $19,195, an average auto payment for a brand-new Mustang may be close to $278.22.
This can be estimated by utilizing the MSRP minus a 10% down payment together with a bank loan rate of interest of 5% throughout a term of 48 months. Keep in mind these elements will differ depending on your qualifying loan rates and bank offers. Remember this amount is what it might cost if you bought the 2002 Ford Mustang “new” based upon the MSRP. With older and used motor vehicles, there is a high likelihood the monthly auto payment will be considerably different. You can check alternative quotes using different percentages and numbers using a car payment calculator.
Estimated Monthly Payment
$278.22
Involved Payment Factors
MSRP: $19,195 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 alternative to look into after you have made a few of your preliminary monthly car payments. The primary lending institutions you initially funded through often have rewards and promotions which expire or are front-weighted. Special deals like cash back refunds and 0% APR financing discount rates might begin losing their efficiency or worth after 6 to 12 auto payments.
If your personal financial circumstance has changed given that you bought your Ford Mustang or if your initial terms are no longer good for you, think of refinancing. You can typically save money on your regular monthly car or truck payments by refinancing your car loan.
Ford Mustang Insurance
Having a active motor vehicle insurance policy insurance for your Ford Mustang is vital to drive on public roads. Deciding on the right coverage and plan for you may help pay for costs connected with traffic crashes and collisions, car theft, and other damage to your car, SUV, truck. Not only can the insurance policy assist you in fixing the damage from a vehicle accident or striking a stationary object, but having valid insurance coverage is commonly a legal obligation to drive a car on public roads in almost all states and counties in the USA. The most ideal automobile insurance plans and associated coverage include comprehensive collision coverage which helps you repair crash-related damage to your Ford coupe and also cover damage from many things like inclement weather conditions, storms, fire, vandalism, and wild animal strikes on top of automobile collisions. The insurance coverage can also help you repair the 3.8L engine in your coupe along with other mechanical components. The amount you spend for the insurance coverage can change and is typically based upon the year of your car. If you drive the 2002 Premium, this will be factored into your month-to-month insurance payments. Discover more about insurance and secure your Ford Mustang Premium 2 door coupe with a 3.8L 6-cylinder 5M.
Where to Purchase a Ford Mustang Premium
There are a lot of things to consider when it comes time to purchase a motor vehicle. You need to find the right make and model that fits your needs along with managing a vehicle payment that fits into your budget. There are a lot of alternatives out there for shopping for used and new automobile stock, so it can be difficult to know where to start your car buying journey. Give Carvana a try.
When it comes to getting the finest care for your brand-new car, we frequently think about factory warranties. These factory warranties include basic coverages like a limited 3 year or 36,000 mile bumper-to-bumper service warranty and a 5 year duration or 60,000 mile powertrain protection warranty. These annual durations start from the initial date of purchase by the initial car’s owner.
Supplementary manufacturer auto service contracts are usually offered depending on the motor vehicle’s engine type. Brand-new autos with diesel engines can come with a factory 5 year duration or 100,000 mile powertrain service warranty. Hybrid and electric vehicles (EVs) often have unique warranty plans like a 8 year or 100,000 mile guarantee.
There are also extended automobile and vehicle service plans (VSPs), Certified pre-owned (CPO) protection, and additional warranty protection options available outside of the maker’s factory plans. VSPs provide routine maintenance service programs with additional coverage for a vehicle’s components and parts in the event your vehicle experiences a catastrophic mechanical failure or breakdown. These are good options to think about when purchasing a used vehicle.
CPO service warranties often add protection for extra years with a limitation like 2 years or 80,000 miles on the automobile. Cars, trucks, and SUVs that hold CPO status undergo a rigorous pre-owned inspection by licensed brand specialists which adds extra service warranty years. CPO automobiles usually have price points more than similar used vehicles , however, they can be worth it for having the security that the motor vehicle you are purchasing is mechanically solid.
Other coverage options include pre-paid auto maintenance plans from auto dealers. These programs help to fix the parts, services, and labor that pertain to the recommended maker’s maintenance schedule. You will identify these service checks and associated mileages specified in the motor vehicle owner’s handbook.
Specific Mustang Types of Warranties
Factory Warranty: A factory service warranty is what you might think of when it comes to the basic idea of an “automobile warranty”. These sorts of service warranties frequently are included with the purchase of new vehicles and are among the most convenient and most economical solutions to cover your car– warranty wise given that the new motor vehicle will probably cost more than a used one leading to less affordability. The factory service warranty is similar to a manufacturer’s service warranty and provides an assurance from the car manufacturer that any problems with the vehicle will be resolved. Under the warranty scope, the auto producer will repair any damaged areas and/or replace any damaged parts due to manufacturing defects, flawed components or materials, and defective craftsmanship with relatively no expense to you as the vehicle owner. The guarantee makes sure the automobile will be repaired to good operating condition.
Drivetrain Warranty: A drivetrain service warranty covers the components and systems which “drive” the automobile along. The elements of the drivetrain can incorporate the axles, driveshaft, transmission, engine, exhaust manifolds, wheels, and similar components. The service warranty also typically includes internal engine parts like seals, gaskets, and other rubberized parts. A drivetrain warranty is another term for a powertrain service warranty and might cover similar elements depending upon the producer’s definitions and warranty terms.
Roadside Warranty: A roadside service warranty helps you when you are stranded or broken down when traveling. This service warranty for the Ford Mustang Premium consists of standard support services like towing, blowout fixing or replacement, dead battery aid and jumpstarts, lockout help, fluid and fuel transport and delivery, and other related services. A roadside service warranty resembles roadside assistance, but it is included with the brand-new vehicle from the manufacturer and not an add-on item through your car insurance policy or a vehicle service contract or VSC.
Rust & Corrosion Warranty: A rust and corrosion warranty helps to protect the body, materials, and frame of the vehicle. Automakers include this anti-rust warranty with brand-new automobiles to help fix damage due to caustic liquids, substances, and other road maintenance products. While vehicle bodies are formed using materials which have corrosion-resistance like aluminum, magnesium, plastic, and carbon fiber, rust can form on body panels. Significant amounts of road deicers like salt or sodium chloride, calcium chloride, magnesium chloride, and similar substances and compounds can cause an automobile’s body to rust. Other harsh liquids like bleach and acid (while not normally encountered on roadways), can trigger deterioration if splashed on 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 Premium Factory Specs
In order to interest a greater range of customers who are interested in the 2002 Ford Mustang Premium, a few different trim levels are provided. A lot of automotive companies provide various alternatives for their vehicles. This includes Ford Motor Company who makes the Mustang model. These choices can consist of details like various paint colors, wheel dimensions, or bundles that include features like a sunroof or entertainment system. Supplying these options enables manufacturers to appeal to diverse kinds of buyers and also enables them to sell even more vehicles.
These options permit customers to choose an automobile which fulfills their needs and can include different attributes that they may want in their automobile. Some automobile producers might provide things like a range of various engines, trim lines, and also sport or performance packages to pick from, while others may offer a wide range of exterior color options or interior trim levels or colors. The choices that are offered can vary between automakers, makes, and models, so do your research when you are looking for a car with certain options like heated seats or 3rd occupant seating.
By taking the time to explore the various options that are available in the vehicle market, you, as the customer, can make sure that you are getting exactly what you want in your new vehicle. This coupe by Mustang comes geared up from the automobile producer with a number of basic configurations and options. They include options like the front independent suspension, modified MacPherson strut front suspension, multi-link rear suspension,6-way power driver seat, bucket front seats, cloth, height adjustable driver seat,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, 16 x 7.0 inch wheels, all season tires, P225/55R16 tires, steel spare wheel,2 front headrests, anti-theft alarm system, child seat anchors, electronic brakeforce distribution, traction control, 4-wheel ABS, emergency interior trunk release, ventilated front disc/solid rear disc brakes, and other typical components.
Ford Mustang Common Questions
Looking for info about the Ford Mustang Premium? Get answers to frequently asked questions. It is essential to know what you are getting into with your vehicle purchase and research the specific details. Check out the vehicle specs and understand how your car payment on a car can affect your financial situation. 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 Premium?
The Ford Mustang is a vehicle line produced by Ford Motor Company. The Premium is a specific package of the Ford Mustang lineup. The vehicle is categorized as a sports car.
How much does a Ford Mustang Premium cost?
The Ford Mustang Premium costs around $19,195.
What is the car payment to buy a Ford Mustang Premium?
The monthly car payment on a Ford Mustang 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 Premium also need to be considered. Since the MSRP is $19,195, the average car payment for a new Mustang could be around $278.22. This can be estimated by using the MSRP minus a 10% down payment with a car 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 Premium?
You may be able to lease a Ford Mustang Premium through an auto loan lender or financial institution.
Can I refinance my Ford Mustang Premium?
You may be able to refinance your Ford Mustang 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 Premium?
Try searching car dealers like Carvana for a Ford Mustang 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 Premium go on a single tank of gas?
The Ford Mustang Premium can usually travel around 263.5/418.5 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 17/27 MPG miles per gallon (MPG) on the city/highway roads. The combined MPG is 21 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 17/27 MPG (city/highway) MPG per the Environmental Protection Agency or EPA. The combined MPG rating is 21.
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 Premium?
The Ford Mustang with the 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 190HP.
What kind of engine does a Ford Mustang Premium have?
The Ford Mustang Premium comes with a 3.8L V6 5-speed manual engine.
What type of drivetrain does a Ford Mustang Premium have?
The Ford Mustang Premium features a rear wheel drive drivetrain.
What kind of transmission does a Ford Mustang come with?
The Ford Mustang Premium comes with a 5-speed manual transmission.
Where is the Ford Mustang made?
The Ford Mustang 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 Premium?
The Ford Motor Company is the auto manufacturer which produces the Ford Mustang Premium.
How much does a Ford Mustang weigh?
The Ford Mustang Premium has a gross vehicle weight of pounds and a curb weight of 3,066 pounds. Learn more about how a vehicle is weighed.
What kind of warranty does the Ford Mustang come with?
The Ford Mustang 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.
