1998 Ford Mustang GT Convertible

Pricing Information

Kelley Blue Book Suggested Retail Value

$7,891 National Average for vehicle in Excellent condition, based on 93,000 miles

Change condition or location
1998 MSRP$24,150
1998 Invoice$21,939

Engine

  • 4.6L V8, 16 valves, 225 hp @ 4750 rpm
  • 5 speed manual transmission
  • 17 mpg city / 25 mpg hwy
NCTD

Expert Reviews

A boost in power without a boost in price.

The Mustang is lucky to have survived Ford's model purge that ousted the Thunderbird, Probe, Aspire and Aerostar last spring. Lucky, because it has a huge following, an even bigger aftermarket, and a legend that none of those other now-dead (model) brands can match. The Mustang is an icon that, having escaped the axe in 1988, has lasted another 10 years by following a simple formula: cheap, quick, fast, and cute. The changes made to the car for 1998 are minimal, including the attractive pricing.

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