1998 Ford Mustang: trims, real prices & how to pick yours

6 builds left the factory as a 1998 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 $4,997–$15,900 today.

  • 6 main configurations
  • 3,959 vehicles built
  • 65 for sale right now
  • $4,997–$15,900 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

Base GT Cobra SVT Cobra SVT · RWD
Engine 3.8L 6-cyl 4.6L 8-cyl 4.6L 8-cyl 4.6L 8-cyl
Power 150 hp 225 hp 260 hp 260 hp
Body Coupe Coupe Coupe Convertible
Typical price today $4,990 $19,597 $23,390 $17,212
For sale right now 11 8 9 9
Vehicles built 1,580 700 204 204
Same on every 1998 Mustang
  • Drivetrain Rear-wheel drive
  • Fuel Gasoline
  • Doors 2-door
Price trend

Median up $425 over the last 12 months.

1998 Mustang price history →
Cost to run

17/26 mpg city/highway. Roughly $2,330/yr on fuel at 15,000 miles.

EPA estimate for the 1998 Mustang

Safety, in plain English

What 1FAFP47V-W means

1FA FP47V · W
1FA
the World Manufacturer Identifier Ford registered — assembled in the United States
FP47V
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
W
in position 10 — model year 1998
9, 11–17
differ on every car: check digit, plant code and the serial number

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.

1998 Ford Mustang prices →