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The Complete List of 2004 Mustang Models

When you’re browsing car shows, classifieds, or simply reminiscing about early‑2000s pony cars, the 2004 Mustang lineup shows a clear mix of everyday appeal and specialty models. That year balanced practical coupes and convertibles with anniversary and performance trims that still attract buyers and collectors.

There are 7 2004 Mustang Car Models, ranging from the 40th Anniversary Edition to the V6 Premium. For each model, you’ll find below Body style, Engine(s) & output (L / hp), and Production count so you can compare form, power, and rarity—details you’ll find below.

How do the 2004 Mustang models differ in performance and features?

The lineup spans entry-level V6s to V8 performance variants and special editions; expect different suspension tuning, trim levels (like Premium packages with upgraded interiors), and engine outputs that affect acceleration more than exterior styling—check the Engine(s) & output (L / hp) column for exact figures and the Production count to gauge how common each version is.

Which 2004 Mustang should I consider for daily driving versus collecting?

For daily use, a well-maintained V6 Premium or standard GT offers a balance of comfort and economy; for collecting or higher performance, look to limited or performance trims (anniversary editions, SVT/Cobra variants) and prioritize low production counts and original condition as shown in the Production count column.

2004 Mustang Car Models

Model/Trim Body style Engine(s) & output (L / hp) Production count
V6 Coupe, Convertible 3.8L V6 / 190 hp N/A
V6 Premium Coupe, Convertible 3.8L V6 / 190 hp N/A
GT Coupe, Convertible 4.6L V8 / 260 hp N/A
GT Premium Coupe, Convertible 4.6L V8 / 260 hp N/A
SVT Cobra Coupe 4.6L supercharged V8 / 390 hp N/A
40th Anniversary Edition Coupe, Convertible Varies (3.8L V6 / 190 hp; 4.6L V8 / 260 hp) N/A
GT Coupe Coupe 4.6L V8 / 260 hp N/A

Images and Descriptions

V6

V6

Entry-level 2004 Mustang with 3.8L V6, manual or automatic, offered as coupe or convertible. Affordable daily driver with decent torque, simple maintenance, and lower running costs. Good buy for budget-minded enthusiasts but less performance than GT or SVT Cobra.

V6 Premium

V6 Premium

Adds desirable comforts like upgraded interior, leather (optional), alloy wheels, and premium audio while retaining the 3.8L V6. Offers better daily comfort and resale appeal than base V6; ideal for buyers wanting style without GT-level power.

GT

GT

Mid-level performance Mustang with a 4.6L SOHC V8 producing 260 hp. Available as coupe or convertible with firmer suspension, stronger brakes, and sportier appearance. Popular among enthusiasts for tuning potential and balanced daily performance.

GT Premium

GT Premium

GT with factory comfort and tech upgrades — leather seating, premium audio, Shaker 500 available, and ambient features. Retains GT performance while improving interior refinement; a strong choice for buyers seeking performance and creature comforts.

SVT Cobra

SVT Cobra

SVT’s high-performance Mustang with a supercharged 4.6L DOHC V8 delivering about 390 hp. Aggressive chassis tuning, upgraded brakes, and unique styling mark it as the top factory performance model. Highly desirable but pricier to maintain.

40th Anniversary Edition

40th Anniversary Edition

Special 40th Anniversary badging and trim package offered on both V6 and GT Mustangs in select colors with unique options. Adds collectible appeal and modest visual upgrades; a good pick for buyers wanting a factory commemorative Mustang.

GT Coupe

GT Coupe

Coupe version of the GT offers slightly stiffer chassis feel and better roof rigidity than the convertible, with the same V8 performance. Often preferred by buyers seeking better handling and lower weight, good base for modifications.

Mustang Car Models in Other Years