1996 Ford Mustang: trims, real prices & how to pick yours

8 builds left the factory as a 1996 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 $4,700–$43,900 today.

  • 6 main configurations
  • 2,129 vehicles built
  • 57 for sale right now
  • $4,700–$43,900 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

What actually differs

GT Base 1FALP404-T Base 1FALP444-T Cobra
Engine 4.6L 8-cyl 3.8L 6-cyl 3.8L 6-cyl 4.6L 8-cyl
Power — 145 hp 145 hp 260 hp
Body Coupe Coupe Convertible Coupe
Typical price today $15,000 — — $24,900
For sale right now 11 1 2 11
Vehicles built 530 454 266 238
Same on every 1996 Mustang
  • Fuel Gasoline
  • Doors 2-door

What people actually pay

101 price observations · updated Aug 30, 2026
Cobra
$24,900
$10,670 $19,307 $27,944 $36,580 $45,217
Price trend

Median up $5,500 over the last 11 months.

1996 Mustang price history →
Cost to run

18/27 mpg city/highway. Roughly $2,210/yr on fuel at 15,000 miles.

EPA estimate for the 1996 Mustang

Safety, in plain English

What 1FALP47V-T means

1FA LP47V · T
1FA
the World Manufacturer Identifier Ford registered — assembled in the United States
LP47V
together encode the Mustang line — Coupe, 4.6L 8cyl — as Ford filed it, these five characters are read as one block, not letter by letter
T
in position 10 — model year 1996
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.

1996 Ford Mustang prices →