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
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Most common — 40% of 1998 Mustangs
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Cobra SVT · RWD 1FAFP46V-W4.6L 8-cyl, 260 hp, Rear-wheel drive. 204 built.
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
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.