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Cars / Ford / MustangLive
1994 Ford Mustang

✦ Shifty Estimate

$18,400

Medium confidence$4K to $31K
12 months median
$25K
Sales, 12 months
2
Original MSRP
$13,365 · ▲ 38% since

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1994 Ford Mustang

1994 to 2004 · Coupe

Price history

$10k$20k$30k$40kMar 202420252026✦ SHIFTY ESTIMATE TODAY $18k
Sold Bid, not sold
6 sales · 2 unsoldmedian $25kupdated Apr 2026

Specifications

Engine
V6, 3.8L
Power
145 hp
Torque
215 lb-ft
0 to 60
9.2s
Top speed
115 mph
Transmission
Manual
Drivetrain
RWD
Original MSRP
$13,365

Common questions

How much does a Ford Mustang cost?

A 1994 Ford Mustang cost $13,365 new. Over the past 12 months, 2 have sold publicly at a median of $25,500. The Shifty Estimate for a well-kept example is $18,400. Cars have changed hands anywhere from $3,960 to $31,300, depending on mileage, color, and history.

What is a 1994 Ford Mustang worth today?

The Shifty Estimate is $18,400. That sits below the $25,500 median of actual sales because the estimate weights the most recent results most heavily, and recent sales have come in under the longer-run median. We rate confidence medium: 2 public sales in a year is a thin market, and the spread between them is wide.

What has a Ford Mustang sold for at auction?

The 3 most recent public sales we have on file:

  • $40,000Apr 16, 2026Screaming Yellow (D6) · 6,000 mi
  • $10,999Aug 27, 2025Red · 18,000 mi
  • $6,200Jun 21, 2025Green · 51,000 mi

The SN95 Mustang marked Ford's boldest redesign since the original, introducing the fourth generation with dramatically updated styling that polarized enthusiasts but proved commercially successful. Built on the Fox platform's evolution, these Mustangs featured improved structural rigidity and modern amenities while maintaining the affordable performance formula. Base models came with either a 3.8L V6 producing 145-150hp or the optional 4.6L SOHC V8 making 215-260hp depending on year. The 1999 refresh brought the aggressive 'New Edge' styling that defined late-90s Ford design. While GT and SVT Cobra variants command premium prices, clean base models—particularly V8 examples—are increasingly sought after as affordable entry points into Mustang collecting. The SN95's significance lies in bridging classic muscle car heritage with modern reliability, making it the last truly analog Mustang before electronic nannies arrived.