1994 Ford Mustang: trims, real prices & how to pick yours
8 builds left the factory as a 1994 Mustang, each a different combination of engine, transmission and body identified by the first eight characters of its VIN. The 6 main configurations sell for $4,500–$59,350 today.
- 6 main configurations
- 1,754 vehicles built
- 61 for sale right now
- $4,500–$59,350 typical price range
Which Mustang is yours?
Enter a VIN — the 17 characters on the windshield or the title — and we’ll match it to its exact factory configuration, typical price and equipment.
Works with any VIN — a different year or model takes you straight to its own page.
Pick your Mustang
-
GT 1FALP42T-R5L 8-cyl, 215 hp. 396 built.
$4,895 great deal $9,000 typical $24,995 top of market -
-
Most common — 36% of 1994 Mustangs
GT 1FALP45T-R5L 8-cyl, 215 hp. 633 built.
$4,500 great deal $9,975 typical $39,995 top of market -
-
What actually differs
| GT 1FALP45T-R | GT 1FALP42T-R | Base 1FALP444-R | Base 1FALP404-R | |
|---|---|---|---|---|
| Engine | 5L 8-cyl | 5L 8-cyl | 3.8L 6-cyl | 3.8L 6-cyl |
| Power | 215 hp | 215 hp | 140 hp | 140 hp |
| Body | Convertible | Coupe | Convertible | Coupe |
| Typical price today | $9,975 | $9,000 | $3,384 | $5,950 |
| For sale right now | 21 | 14 | 4 | 3 |
| Vehicles built | 633 | 396 | 274 | 249 |
Same on every 1994 Mustang
- Fuel Gasoline
- Doors 2-door
What people actually pay
92 price observations · updated Aug 30, 2026
GT
1FALP45T-R
$9,975
GT
1FALP42T-R
$9,000
$4,365
$13,573
$22,780
$31,988
$41,195
Safety, in plain English
What 1FALP42T-R means
1FA
LP42T
·
R
- 1FA
- the World Manufacturer Identifier Ford registered — assembled in the United States
- LP42T
- together encode the Mustang line — Coupe, 5L 8cyl — as Ford filed it, these five characters are read as one block, not letter by letter
- R
- in position 10 — model year 1994
- 9, 11–17
- differ on every car: check digit, plant code and the serial number
2 rare configurations — mostly fleet, export or irregular VIN patterns. Fewer than 20 known vehicles each.
Already looking at a specific Mustang?
Paste its VIN — we’ll open that exact car’s page: its configuration, market position and every listing we’ve tracked.