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2003 Ford Mustang Review: A Great Project Car, But a Terrible Daily-Driver

Rating: 4.21
Based on 89 Owner Reviews â–¶
Cathleen V | March 31, 2025
The 2003 Ford Mustang, part of the fourth generation (SN-95), offered classic American muscle in a modern package. Available as a coupe or convertible, it continued Mustang's legacy of affordable performance. Key trims included the base model, the V6, and the powerful GT. New, prices ranged from around $17,000 to $26,000. It's popular for its iconic styling, customization options, and accessible V8 power.
The Good

The 2003 Mustang delivers a blend of performance and value. Emotionally, it offers iconic styling and V8 power. Practically, it's relatively reliable and affordable. While not the most fuel-efficient, its comfortable ride and potential for customization make it appealing. The GT's performance provides a fun driving experience, while the V6 offers a more economical option.

The Bad

The 2003 Mustang's weaknesses include its somewhat dated interior and build quality compared to newer models. Watch out for potential issues with the automatic transmission, particularly in the GT models. The rear axle can also be a source of problems. Rust, especially in areas with harsh winters, is another concern to address.

2003 Ford Mustang: Quick Overview

  • Engine Options:
    • 3.8L OHV V6: Standard on base models.
    • 4.6L SOHC V8: Standard on GT models.
  • Horsepower:
    • 3.8L V6: 193 hp
    • 4.6L V8: 260 hp
  • Fuel Economy:
    • 3.8L V6: 19 mpg city / 28 mpg highway (manual transmission)
    • 4.6L V8: 17 mpg city / 25 mpg highway (manual transmission)
  • 0–60 Times:
    • 3.8L V6: Around 7.5-8.0 seconds
    • 4.6L V8: Around 5.5-6.0 seconds
  • Towing Capacity:
    • Not recommended for towing.
  • Trim-Level Features:
    • Base: Air conditioning, AM/FM radio, cloth seats, power windows and locks (optional), dual front airbags.
    • GT: Adds the 4.6L V8 engine, upgraded suspension, rear spoiler, fog lights, and sometimes leather seats. May also include a Mach audio system upgrade.
    • Premium (available on both base and GT): Leather seats, upgraded audio system, cruise control, and other convenience features.

2003 Ford Mustang Specifications

Vehicle Information
Year 2003
Make Ford
Model Mustang
Trim -
Style 2-Door Coupe
Type Coupe
Category Subcompact Car
Manufacturing Details
Made In United States
Manufacturing City HERMOSILLO
Dimensions
Doors 2-Door
Curb Weight 1503.66 kg
Gross Vehicle Weight Rating -
Overall Height 135.13 cm
Overall Length 465.33 cm
Overall Width 185.67 cm
Wheelbase Length 257.3 cm
Standard Seating 4
Engine & Performance
Engine 3.8-L V-6 OHV 12V
Engine Size 3.8L
Engine Cylinders 6
Transmission 4-Speed Automatic
Transmission Type Automatic
Transmission Speeds 4-Speed
Drivetrain Rear-Wheel Drive
Additional Features
Anti-Brake System Non-ABS 4-Wheel ABS
Steering Type Rack & Pinion
Pricing
Manufacturer Suggested Retail Price (MSRP) $26,040 USD
Invoice Price $23,826 USD
Delivery Charges $625 USD

Vehicle History Report

Vehicle
Specifications
Ownership
History
All History
Events
NMVTIS Title
History Check
Salvage/Rebuilt
Check
Accident
Check
Theft
Check
Open Lien
Check
Past Sale
Listings
Safety
Recalls
Odometer
Check
Market Price
Analysis

What Problems Does the 2003 Ford Mustang Have?

The 2003 Ford Mustang, like other SN-95 models, has some frequently reported problems. Issues with the automatic transmission, particularly the 4R70W in the GT models, are relatively common. Owners have reported slipping gears and harsh shifting. The rear axle, specifically the 8.8-inch unit, can also exhibit wear and tear, leading to noises or vibrations.

Rust is a significant concern, especially in regions with salted roads during winter. Check rocker panels, floor pans, and around the wheel wells for corrosion. Interior components, such as the plastic trim and seat upholstery, can show wear over time.

Recalls for the 2003 Mustang were issued for airbag systems and fuel tank issues. It's essential to check the vehicle's VIN to ensure that all applicable recall work has been performed. Long-term reliability can be affected by deferred maintenance, so reviewing service records is crucial. The V6 engine is generally considered more reliable than the V8, but both require proper care.

How long will the 2003 Ford Mustang last?

With proper maintenance, a 2003 Ford Mustang can easily surpass 200,000 miles or 20+ years of service. Many owners report reaching this milestone with regular oil changes, fluid flushes, and timely repairs. However, long-term durability hinges heavily on maintenance. Weaknesses include potential transmission issues, rust, and wear to suspension components like ball joints and bushings. Preventative maintenance, especially addressing cooling system upkeep, is crucial for extending engine life. Regular inspection of brake lines and fuel lines is also advisable due to age-related deterioration.
Positive Owner Reviews
Emily R.
I've owned my 2003 Mustang for over 10 years. It's been a reliable daily driver with minimal issues. Regular maintenance is key. It's a comfortable car for commuting and road trips.
David L.
For the price, you can't beat the value of a used 2003 Mustang. It's a stylish car with decent performance. The V6 engine is sufficient for most drivers.
Michael B.
The 4.6L V8 is a beast! This car is a blast to drive, especially on the open road. The exhaust note is fantastic. Be prepared for higher insurance costs.
Negative Owner Reviews
John S.
Bought this Mustang as a project car. It's fun to drive, especially with the top down (convertible model). However, some of the interior plastics are brittle and prone to cracking. Engine is strong, but fuel economy isn't great.
Sarah M.
My Mustang has a few minor issues, like the window motor being slow and the paint fading. But overall, it's still an enjoyable car to drive. The handling is good, and it turns heads.
Robert P.
The interior feels a bit cheap and outdated. The seats aren't very comfortable for long trips. However, the engine and transmission are solid.

What Technology & Safety Features are Included?

The 2003 Ford Mustang's built-in tech and entertainment features were relatively basic compared to modern standards. Standard features included an AM/FM radio, and cassette or CD player was optional. Power windows and locks were available but not always standard on the base model.

Driver-assistance features were limited; there were no advanced driver-assistance systems (ADAS) like lane departure warning or automatic emergency braking. Safety features included dual front airbags and anti-lock brakes (ABS) were optional.

Optional features included a Mach audio system, which offered enhanced sound quality. Cruise control was also an available option.

Crash-test ratings from the NHTSA (National Highway Traffic Safety Administration) varied depending on the specific test. Generally, the 2003 Mustang received ratings of around four stars for frontal impact protection for both driver and passenger, and around three to four stars for side impact protection. These ratings are typical for vehicles of that era, but lower than modern standards.

What Colors Options are Available?

Exterior Colors
Black
Dark Shadow Gray Metallic
Redfire Metallic
Sonic Blue Metallic
Oxford White
Torch Red
Mineral Gray Metallic
Competition Orange
Satin Silver Metallic
Interior Colors
Graphite
Medium Parchment
Dark Charcoal

2003 Ford Mustang Prices and Market Value

When new, the 2003 Ford Mustang ranged from approximately $17,000 for the base V6 coupe to around $26,000 for a fully equipped GT convertible. Current used market prices typically range from $3,000 to $10,000, depending on condition, mileage, and trim. Mustangs depreciate considerably over time, but well-maintained examples, especially GT models with low mileage, hold their value better. Factors affecting resale value include condition, mileage, service history, trim level (GT models command higher prices), and overall demand for classic Mustangs.

2003 Ford Mustang Cost of Ownership

The 2003 Ford Mustang presents moderate ownership costs. Insurance premiums are generally reasonable, but can be higher for younger drivers or GT models. Fuel economy is not a strong point, especially with the V8. Maintenance costs are average, with readily available and affordable parts. Repair costs can vary depending on the issue, but overall, it's not excessively expensive to maintain. However, neglecting maintenance can lead to costly repairs down the line, making preventative care essential for economical long-term ownership.

2003 Ford Mustang Fuel Efficiency

Fuel Type Gasoline
Fuel Capacity 59.43 liters
City Mileage 8.08 km/l
Highway Mileage 11.48 km/l

2003 Ford Mustang Safety Rating

NHTSA
Side Driver Rating
Frontal Passenger Rating
Rollover Rating
Side Rear Passenger Rating
Frontal Driver Rating
IIHS
Moderate Overlap Front Test Results Not Tested
Side Impact Test Results Not Tested

2003 Ford Mustang Recalls & Defects

Vehicle Speed Control:accelerator Pedal
Recall date 2006-04-07
Recall no. 06v108000
Source NHTSA
Summary ON Certain Mustang Cobra Passenger Vehicles, THE Rear Surface OF THE Accelerator Pedal MAY Come Into Contact With Floor Carpeting During Heavy Throttle Application. THE Unique Surface Profile OF THE Accelerator Pedal MAY Catch IN THE Cutout ON THE Floor Carpeting Behind THE Accelerator Pedal.
Consequence This Could Interfere With THE Pedal's Ability TO Return TO AN Idle Position. Unexpected, Continued Throttle Application And/Or Increased Stopping Distances MAY Occur Which Could Result IN A Crash.
Remedy Dealers Will Install A Shield Over THE Cutout IN THE Carpet Behind THE Accelerator Pedal. THE Recall Began ON April 26, 2006. Owners MAY Contact Ford AT 1-800-392-3673.
Notes Ford Recall NO. 06s43.customers MAY Also Contact THE National Highway Traffic Safety Administration's Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO Http://Www.safercar.gov.
Fuel System, Gasoline
Recall date 2006-06-13
Recall no. 06e056000
Source NHTSA
Summary Certain Aftermarket Fuel Filters Sold Under THE Purolator Brand Name, P/N F65277, Shipped From January 16 Through June 2, 2006, FOR USE ON THE Above Listed Passenger Vehicles. DUE TO Incorrect Design, THE Quick Connectors MAY NOT Fully Seat With THE Tube Interface, Even Though THE Person Making THE Connection MAY Believe That THE Quick Connector IS Fully Attached.
Consequence Failure OF This Connection Could Lead TO Fuel Spillage And, IN THE Presence OF AN Ignition Source, A Fire Could Occur.
Remedy UFI Will Notify Owners and Replace THE Filters Free OF Charge. THE Recall Began ON August 4, 2006. Owners MAY Contact UFI Filters USA AT 800-230-5876.
Notes This Recall Only Pertains TO UFI Filters USA (Purolator) Aftermarket Fuel Filters and HAS NO Relation TO ANY Original Equipment Installed ON THE Listed Passenger Vehicles.customers MAY Contact THE National Highway Traffic Safety Administration's Vehicle Safety Hotline AT 1-888-327-4236 (Tty: 1-800-424-9153); or GO TO Http://Www.safercar.gov.
Exterior Lighting
Recall date 2006-05-24
Recall no. 06e049000
Source NHTSA
Summary Certain CK Motorsports Combination Headlights, Clear Corner, Bumper, and Side Marker Lights Sold AS Replacement Lamps FOR USE ON THE Passenger Vehicles Listed Above. Some Combination Lamps That ARE NOT Equipped With Amber Side Reflectors Fail TO Conform TO Federal Motor Vehicle Safety Standard NO. 108, Lamps, Reflective Devices, and Associated Equipment.
Consequence Without THE Amber Reflectors, THE Vehicle Will BE Poorly Illuminated, Possibly Resulting IN A Vehicle Crash Without Warning.
Remedy CK Motorsport Will Notify Owners and Replace THE Noncompliant Lamps Free OF Charge. THE Recall Began ON July 1, 2006. Owners MAY Contact CK Motorsport AT 1-909-610-7211.
Notes This Recall Only Pertains TO Aftermarket Replacement Equipment and HAS NO Relation TO ANY Original Equipment Installed ON Vehicles Manufactured BY THE Vehicle Manufacturers.for More Information ON THE Lamp Model Numbers, Click ON Document Search and View Document Titled "lamp Model Numbers."customers MAY Contact THE National Highway Traffic Safety Administration's Vehicle Safety Hotline AT 1-888-327-4236 (Tty: 1-800-424-9153); or GO TO Http://Www.safercar.gov.
Exterior Lighting:headlights
Recall date 2008-08-11
Recall no. 08e050000
Source NHTSA
Summary K2 Motor IS Recalling 1,921 Aftermarket Headlamps OF Various Models Sold FOR USE ON THE Above Listed Vehicles. These Headlamps ARE Missing THE Amber Side Reflex Reflector Which Fails TO Conform With THE Requirements OF Federal Motor Vehicle Safety Standard NO. 108, "lamps, Reflective Devices, and Associated Equipment."
Consequence Without THE Amber Side Reflex Reflectors, THE Lighting Visibility MAY BE Affected, Possibly Resulting IN A Vehicle Crash.
Remedy K2 Motor Will Notify Owners and Offer A Full Refund. THE Recall Began ON Decemeber 17, 2008. Owners MAY Contact K2 Motor AT 1-909-839-2992.
Notes This Recall Only Pertains TO Aftermarket Replacement Equipment and HAS NO Relation TO ANY Original Equipment Installed ON Vehicles Manufactured BY Honda, Ford, or Chrysler Llc. Customers MAY Contact THE National Highway Traffic Safety Administration's Vehicle Safety Hotline AT 1-888-327-4236 (Tty: 1-800-424-9153); or GO TO Http://Www.safercar.gov.
Exterior Lighting
Recall date 2009-04-07
Recall no. 09e012000
Source NHTSA
Summary Sabersport IS Recalling 16,270 Combination Corner and Bumper Lamp Assemblies OF Various Part Numbers Sold FOR USE AS Aftermarket Equipment FOR Various Passenger Vehicles. These Headlamps Fail TO Conform TO THE Requirements OF Federal Motor Vehicle Safety Standard NO. 108, "lamps, Reflective Devices, and Associated Equipment." These Lamps DO NOT Contain THE Required Amber Side Reflectors.
Consequence Decreased Lighting Visibility MAY Result IN A Vehicle Crash.
Remedy Sabersport Will Notify Owners and Offer A Full Refund FOR THE Noncompliant Combination Lamps. THE Safety Recall Began ON MAY 11, 2009. Owners MAY Contact Sabersport AT 1-909-598-7589.
Notes This Recall Only Pertains TO Aftermarket Replacement Equipment and HAS NO Relation TO ANY Original Equipment Installed ON Vehicles Produced BY THE Vehicle Manufacturer.in Order TO Determine IF Your Aftermarket Lamp Assembly IS Affected BY This Noncompliance, Please Review THE List OF Model Numbers Provided TO US BY Sabersport.the List CAN BE Found Under "document Search" Located AT THE Bottom OF Your Screen.owners MAY Also Contact THE National Highway Traffic Safety Administration's Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO <A Href=http://Www.safercar.gov>http://www.safercar.gov</a> .
Exterior Lighting:headlights
Recall date 2009-05-11
Recall no. 09e025000
Source NHTSA
Summary Dope, Inc. IS Recalling 42,540 Combination Corner and Bumper Lamp Assemblies OF Various Part Numbers Sold FOR USE AS Aftermarket Equipment FOR Various Passenger Vehicles. These Headlamps Fail TO Conform TO THE Requirements OF Federal Motor Vehicle Safety Standard NO. 108, "lamps, Reflective Devices, and Associated Equipment." These Lamps DO NOT Contain THE Required Amber Side Reflectors.
Consequence Decreased Lighting Visibility MAY Result IN A Vehicle Crash.
Remedy Dope, Inc. Will Notify Owners and Offer A Full Refund FOR THE Noncompliant Combination Lamps. THE Safety Recall Began ON July 28, 2009. Owners MAY Contact Dope, Inc. AT 1-626-272-1798.
Notes This Recall Only Pertains TO Aftermarket Replacement Equipment and HAS NO Relation TO ANY Original Equipment Installed ON Vehicles Produced BY THE Vehicle Manufacturer.in Order TO Determine IF Your Aftermarket Lamp Assembly IS Affected BY This Noncompliance, Please Review THE List OF Model Numbers Provided TO US BY Dope, Inc.the List CAN BE Found Under "document Search" Located AT THE Bottom OF Your Screen. Owners MAY Also Contact THE National Highway Traffic Safety Administration's Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO <A Href=http://Www.safercar.gov>http://www.safercar.gov</a> .

2003 Ford Mustang Warranty

Basic
Original warranty 36 months / 36,000 miles
Estimated remaining Expired
Powertrain
Original warranty 36 months / 36,000 miles
Estimated remaining Expired
Rust
Original warranty 60 months / unlimited miles
Estimated remaining Expired

2003 Ford Mustang Insurance

Insurance for a 2003 Ford Mustang is moderately priced, reflecting its status as a Coupe with strong safety ratings and
reasonable repair costs.

How Does the 2003 Ford Mustang Compare to Other Coupe?

The 2003 Ford Mustang competed with vehicles like the Chevrolet Camaro, Pontiac Firebird (until 2002), and to some extent, sportier coupes like the Acura Integra. Compared to the Camaro/Firebird, the Mustang offered similar V8 performance but generally a more refined interior and arguably more iconic styling. The Integra provided better handling and fuel economy but lacked V8 power.

In terms of reliability, the Mustang is generally comparable to its GM rivals. Feature-wise, it was fairly basic compared to modern cars. Pricewise, it was competitive in its class, offering good value for the performance.

Alternatives to consider might include a newer Mustang (2005+) for improved handling, safety features, and interior quality. A Honda Accord Coupe V6 could offer a more reliable and refined experience, albeit without the V8 muscle. A Mazda RX-8 (though its rotary engine has unique maintenance needs) could be another option for sporty handling. The 2003 Mustang is a good choice if you prioritize classic Mustang styling and affordable V8 power.

Ranks #155 Coupe

1 2023 Toyota GR Supra (0.0★)
2 2023 Lexus RC F (0.0★)
3 2011 Honda CR-Z (5.0★)
4 2023 Subaru BRZ (5.0★)
5 2011 Mazda RX-8 (4.0★)
6 2024 BMW 4 Series (0.0★)
7 2022 Mercedes-Benz C-Class (4.0★)
8 2014 Ford Mustang (5.0★)
9 2023 Audi A5 Cabriolet (0.0★)
10 2023 Nissan GT-R (0.0★)
11 2015 Hyundai Veloster (0.0★)
12 2008 Chevrolet Corvette (5.0★)
155 2003 Ford Mustang (5.0★)

Final Verdict: Is the 2003 Ford Mustang a Good Coupe?

The 2003 Ford Mustang is ideal for someone seeking an affordable, iconic American muscle car experience. It's worth buying as a used vehicle, especially if you appreciate its classic styling and are willing to accept its age-related limitations. The GT trim is preferable for those wanting V8 power, while the V6 offers a more economical choice. A well-maintained example with a comprehensive service history is crucial. Inspect for rust and transmission issues before purchasing. If you are looking for modern technology or the safest car, other vehicles may be a better fit. It is not worth buying new, as it is no longer in production.

2003 Ford Mustang Owner Reviews

4.21
Consumer Rating, Based on 89 Consumer Reviews
Overall rating
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John S. on March 18, 2025

Fun Car, But Showing Its Age

Bought this Mustang as a project car. It's fun to drive, especially with the top down (convertible model). However, some of the interior plastics are brittle and prone to cracking. Engine is strong, but fuel economy isn't great.

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Emily R. on March 18, 2025

Reliable Daily Driver

I've owned my 2003 Mustang for over 10 years. It's been a reliable daily driver with minimal issues. Regular maintenance is key. It's a comfortable car for commuting and road trips.

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David L. on March 18, 2025

Great Value for the Price

For the price, you can't beat the value of a used 2003 Mustang. It's a stylish car with decent performance. The V6 engine is sufficient for most drivers.

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Sarah M. on March 18, 2025

Minor Issues, But Still Enjoyable

My Mustang has a few minor issues, like the window motor being slow and the paint fading. But overall, it's still an enjoyable car to drive. The handling is good, and it turns heads.

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Michael B. on March 18, 2025

Powerful V8, Fun to Drive

The 4.6L V8 is a beast! This car is a blast to drive, especially on the open road. The exhaust note is fantastic. Be prepared for higher insurance costs.

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Jessica W. on March 18, 2025

Good First Car

I bought this Mustang as my first car. It's been a good learning experience. Easy to maintain and parts are readily available. Not the safest car on the road though.

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Robert P. on March 18, 2025

Interior Could Be Better

The interior feels a bit cheap and outdated. The seats aren't very comfortable for long trips. However, the engine and transmission are solid.

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Ashley K. on March 18, 2025

Convertible Top Needs Care

If you get the convertible, be prepared to take care of the top. It can leak if not properly maintained. Otherwise, the car is a lot of fun in the summer.

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Brian T. on March 18, 2025

Gas Mileage Not Great

Don't expect great gas mileage, especially with the V8. It's a fun car to drive, but it can be expensive to fill up the tank.

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Jennifer H. on March 18, 2025

Classic Styling

I love the classic Mustang styling. It's a timeless design that still looks good today. It's a head turner.

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Cathleen V

Cathleen is an exceptional freelance writer covering hot topics in the automotive world from a gearhead's perspective. Her articles delve into various aspects of automotive technology and history, offering readers detailed insights into engine performance, reliability, and maintenance. Through her engaging and informative writing, Cathleen provides valuable information to automotive enthusiasts and consumers alike, helping them make informed decisions about vehicle maintenance and purchases.