On American roads and in garage restorations alike, the 1978 Mustang still draws attention for its mix of late‑70s style and varied options. Enthusiasts often look to that model year to compare trims, engine choices, and how production numbers affected today’s market value.
There are 5 1978 Mustang Car Models, ranging from Base to L. For each model you’ll find below the data organized as Body style, Engine (L), Production (units), which makes it easy to compare how a simple Base differs from a higher‑trim L — you’ll find those details below.
How do the 1978 Mustang models differ in practical terms?
They mainly differ by trim level, available body styles and engine options: some are aimed at economy while others added comfort or performance features. Comparing the Body style, Engine (L), Production (units) columns lets you spot rare combinations and understand whether a given car was built as a basic commuter or a more desirable variant.
What should I check when researching or buying a 1978 Mustang?
Look for matching VIN and engine numbers, rust in common trouble spots, original trim and badges, and any build sheets or documentation; cross‑referencing the Production (units) figure helps gauge rarity and likely market value.
1978 Mustang Car Models
| Model | Body style | Engine (L) | Production (units) |
|---|---|---|---|
| Base | Coupe,Hatchback,Convertible | 2.3L I4,2.8L V6,5.0L V8 | 75,000 |
| L | Coupe,Hatchback,Convertible | 2.3L I4,2.8L V6,5.0L V8 | 30,000 |
| Ghia | Coupe,Hatchback,Convertible | 2.3L I4,2.8L V6,5.0L V8 | 20,000 |
| Cobra II | Coupe,Hatchback | 2.3L I4,2.8L V6,5.0L V8 | 12,000 |
| King Cobra | Coupe,Hatchback | 5.0L V8,2.3L I4,2.8L V6 | 900 |
Images and Descriptions
Base
Entry-level Mustang offered as coupe, hatchback, and convertible. Engines ranged from an economical 2.3L I4 to an optional 5.0L V8. Most common 1978 Mustang, affordable and easy to find; good donor cars for restorations and daily drivers.
L
Mid-level ‘L’ trim added convenience and comfort features over the base with similar body choices. Offered with 2.3L I4, 2.8L V6 and available V8. More desirable than base for restorations; moderate production keeps decent supply for buyers.
Ghia
Top luxury-oriented Mustang II trim with special interior, unique exterior trim and optional V6/V8 engines. Typically features upscale upholstery, cruise and alloy wheels. Less common than base models; Ghia examples are sought for period-correct luxury restoration projects.
Cobra II
Factory-offered Cobra II appearance package with bold stripes, ground effects, and Cobra badging. Available on coupe and hatchback with 2.3L, 2.8L or optional 5.0L V8. Popular among collectors; surviving examples vary in condition and authenticity.
King Cobra
Limited-run 1978 King Cobra special edition based on the Cobra II with unique nose, hood, striping and handling upgrades. Usually fitted with the 5.0L V8 and performance options; very limited production makes it rare and collectible today.
