Inventory Listing

Find the perfect vehicle that fits your budget and lifestyle

1998 Ford Mustang GT Convertible 4.6L V8 5-Spd Auto

Locally Owned '98 Mustang GT Convertible With Only 56K Original Miles!


Plus Taxes & Licensing
Show All Photos

Just in time for summer! The 1998 Ford Mustang GT convertible with only 56k original miles! Locally owned, always maintained/garaged, and it shows! Finished in gorgeous Laser Red Metallic with Saddle leather interior and saddle top. Convertible top boot cover included!  Powered by the 4.6L V8 paired with a 5-speed automatic transmission. Options include a leather interior, driver power seat, Mach 460 sound system, power top, keyless entry, ice-cold AC, dual exhaust, and more. This is a great-looking convertible with low miles and was recently serviced with a fresh oil change/filter. This ’98 Ford Mustang GT is offered with a two-owner clean carfax/no accidents, and a Clean California title! Don’t miss out this won’t last long!

History of the Ford Mustang GT

The fourth-generation Ford Mustang, produced from 1994 to 2004, marked a significant departure from its predecessors. This generation, often referred to as the SN-95, was built on an updated version of the Fox platform, known as the Fox-4. The 1998 model year was the final iteration before the significant redesign in 1999. This period saw the Mustang GT refine its performance and aesthetics, incorporating design cues from the iconic 1960s Mustangs while adding modern features and improved safety.

Engine and Performance

The 1998 Mustang GT is powered by a 4.6L V8 engine, delivering 225 horsepower and 290 lb-ft of torque. This engine, paired with a 5-speed manual transmission, provides a thrilling driving experience with robust acceleration and a satisfying exhaust note. The Mustang GT’s performance credentials are underscored by its 0-60 mph time of around 6 seconds, making it a true muscle car.

Fuel Economy

Despite its performance capabilities, the 1998 Mustang GT manages respectable fuel economy for its class, with EPA ratings of approximately 15 mpg in the city and 22 mpg on the highway. This balance of power and efficiency adds to its appeal as a practical yet exhilarating daily driver.

Top Features

The 1998 Ford Mustang GT comes equipped with a host of features that enhance both its performance and comfort:

  • Leather-trimmed seats
  • Power-adjustable driver’s seat
  • Mach 460 audio system with CD player
  • Convertible top with glass rear window
  • Air conditioning
  • Power windows and locks
  • Fog lights
  • 17-inch alloy wheels
  • Dual exhaust system
  • Cruise control

NHTSA Safety Ratings

The 1998 Ford Mustang GT received solid safety ratings from the National Highway Traffic Safety Administration (NHTSA):

  • Overall Rating: ★★★★☆
  • Frontal Crash: ★★★☆☆
  • Side Crash: ★★★★☆
  • Rollover: ★★★☆☆

Expert Reviews

  • Edmunds: Praised the Mustang GT for its powerful V8 engine, classic styling, and engaging driving experience.
  • Kelley Blue Book: Highlighted the Mustang GT’s value retention, robust performance, and strong market appeal.
  • Car and Driver: Commended the Mustang GT for its blend of nostalgia and modern performance, emphasizing its fun-to-drive nature.
  • Consumer Reports: Noted the Mustang GT’s solid build quality, strong engine performance, and enduring popularity.

Essentials List

  1. Engine: 4.6L V8
  2. Transmission: 5-speed manual
  3. Horsepower: 225 hp
  4. Torque: 290 lb-ft
  5. Fuel Economy: 15 mpg city / 22 mpg highway
  6. Seating Capacity: 4 passengers
  7. Safety Ratings: ★★★★☆
  8. Drive Type: RWD
  9. Interior: Saddle leather
  10. Color: Laser Red Metallic

Best Features

The 1998 Mustang GT stands out with several notable features that enhance its appeal:

  • Performance: The 4.6L V8 engine delivers a powerful and exhilarating driving experience, with a responsive throttle and a distinctive exhaust note.
  • Convertible Top: The saddle convertible top adds a touch of luxury and allows for open-air driving, enhancing the car’s fun factor.
  • Interior Comfort: The saddle leather interior provides a premium feel, with comfortable seating and a well-designed dashboard layout.
  • Audio System: The Mach 460 audio system ensures excellent sound quality, making every drive enjoyable.
  • Classic Styling: The exterior design pays homage to the Mustangs of the 1960s, with modern touches that keep it relevant and stylish.

Popularity and Legacy

The 1998 Mustang GT remains a popular choice among enthusiasts and collectors due to its blend of classic muscle car aesthetics and modern performance. This generation’s connection to the original Mustangs, coupled with the reliable and powerful 4.6L V8 engine, makes it a highly sought-after model. The Mustang GT’s strong resale value and enduring appeal are testaments to its iconic status in American automotive history.

The 1998 Ford Mustang GT is a timeless classic that offers an unmatched blend of performance, style, and comfort. With its powerful V8 engine, convertible top, and luxurious interior, it stands out as a premier choice for those seeking a quintessential American muscle car experience. This particular model, with its low mileage and well-documented history, is an exceptional find that promises to deliver joy and excitement to its next owner. Whether for weekend drives or daily commutes, the 1998 Mustang GT embodies the spirit of freedom and performance that has defined the Mustang legacy for decades.




1998 Ford Mustang
VIN1FAFP45XXWF185284 MakeFord ModelMustang Year1998 TrimGT Convertible
Style/BodyCONVERTIBLE 2-DR Engine4.6L V8 SOHC 16V Manufactured inDearborn, Michigan Age26 years

Model Year 1998
Make Ford
Model Mustang
Trim Level GT Convertible
Manufactured in Dearborn, Michigan
Engine Type 4.6L V8 SOHC 16V
Transmission 4-Speed Automatic
5-Speed Manual
Driveline RWD
Standard Seating 4
Tank 15.70
Fuel Economy City 17
Fuel Economy Highway 24 – 25
Fuel Type GAS
Anti-Brake System Non-ABS
4-Wheel ABS
Front Brake Type Disc
Rear Brake Type Disc
ABS Brakes Optional
Wheels and Tires
Tires 225/55R16
Steel Wheels N/A
Standard Towing 1000
Maximum Towing 1000
Turning Diameter 38.30
Front Headroom 38.10
Rear Headroom 35.70
Front Legroom 41.90
Rear Legroom 30.30
Front Shoulder Room 53.60
Rear Shoulder Room 41.20
Front Hip Room 52.30
Rear Hip Room 41.10
Overall Length 181.50
Overall Width 71.80
Overall Height 53.40
Wheelbase 101.30
Track Front 60.00
Front Suspension Ind
Rear Suspension Live
Front Spring Type Coil
Rear Spring Type Coil
Air Conditioning Standard
Child Safety Door Locks N/A
Driver Airbag Standard
Front Side Airbag N/A
Passenger Airbag Standard
Keyless Entry N/A
MSRP $24,150
Dealer Invoice $21,939
Automatic Headlights N/A
Daytime Running Lights N/A
Fog Lights N/A
Cruise Control Optional
Heated Steering Wheel N/A
Leather Steering Wheel N/A
Interior Trim Black Cloth
Black Leather
Medium Graphite Cloth
Medium Graphite Leather
Saddle Cloth
Saddle Leather
Exterior Color Atlantic Blue Clearcoat Metallic with Black Top
Atlantic Blue Clearcoat Metallic with White Top
Black Clearcoat with Black Top
Black Clearcoat with Saddle Top
Black Clearcoat with White Top
Bright Atlantic Blue Clearcoat Metallic with Black Top
Bright Atlantic Blue Clearcoat Metallic with White Top
Crystal White Clearcoat with Black Top
Crystal White Clearcoat with Saddle Top
Crystal White Clearcoat with White Top
Dark Green Satin Clearcoat Metallic with Black Top
Dark Green Satin Clearcoat Metallic with Saddle Top
Dark Green Satin Clearcoat Metallic with White Top
Laser Red Tinted Clearcoat with Black Top
Laser Red Tinted Clearcoat with Saddle Top
Laser Red Tinted Clearcoat with White Top
Pacific Green Clearcoat Metallic with Black Top
Pacific Green Clearcoat Metallic with Saddle Top
Pacific Green Clearcoat Metallic with White Top
Rio Red Tinted Clearcoat with Black Top
Rio Red Tinted Clearcoat with Saddle Top
Rio Red Tinted Clearcoat with White Top
Silver Clearcoat Metallic with Black Top


Year: 1998
Make: Ford
Model: Mustang
Trim: GT Convertible
Mileage: 56,121
Transmission: 5-Speed Automatic
Condition: Excellent
Location: San Luis Obispo
Price: $9,995
Drivetrain: RWD
Engine: 4.6L V8 SOHC 16V
Exterior Color: Laser Red Metallic
Interior Color: Saddle Leather
MPG: 17 City / 24 - 25 Highway
VIN Number: 1FAFP45XXWF185284

Fuel Efficiency Rating

  • City: 17
  • Highway: 24 - 25

Actual rating will vary with options, driving conditions, driving habits and vehicle condition.

Financing Calculator

Cost of Vehicle ($):
Down Payment ($):
Annual Interest Rate (%):
Term of Loan in Years:
Frequency of Payments:
Calculate My Payment
Back to top
Translate »