A '90s Classic: SN95 Mustang

The fourth-generation Mustang might not have the sports car’s highest auction prices, but there are plenty of reasons to love the SN95.
Written by Andrew Koole
Reviewed by Kathleen Flear
From 1994 to 2004, the Ford Mustang SN95 either thrilled drivers or filled passersby with envy. Now, the fourth-generation pony car is beginning to enjoy its status as a
classic car
.
A quintessential image of the ‘90s, the Mustang SN95 found fans in teenagers and retirees alike, and Ford’s many variants of the car have made it a prime vehicle for collecting.
Jerry
, your trusty car insurance
super app
, dug around the internet to give you all the details you need to know about this hella-fly, affordable sports car.

Why the SN95 Mustang is better than the Fox-body

Car collectors love the Fox-body Mustang right now. 
While relegated to project-car status for many years, renewed interest in the third-generation pony car has raised resale prices to shocking heights.
Hagerty
says a Mustang Cobra from 1993 in excellent condition can cost you nearly $67,000!
But a look at the Mustang’s history will tell you that the SN95 is objectively a better car. After consulting the car’s fanbase, Ford gave the new Mustang its own unique platform, a rear-wheel drive layout, and stiffened its unibody. 
MotorTrend
says the changes drastically improved the car’s ride quality.
Ford provided a new base engine from the get-go, swapping the old four-cylinder for the Essex V6 while maintaining the use of the sports car’s popular V8 from the past generation until 1996.
Let Jerry find your price in only 45 seconds
No spam · No long forms · No fees
Find insurance savings

The “New Edge” SN95 upgrade of 1999

When the SN95 debuted in 1994, its new design helped shoot U.S. Mustang sales back into the range the sports car was used to, reaching nearly 160,000 units in the first year, according to
CarSalesBase
.
But when that number started to sink back toward the six-figure threshold, Ford acted quickly, developing a fresh look that sharpened the car’s smooth “melted jellybean” features.
Unofficially dubbed the “New Edge” Mustang, the 1999 redesign was a major success, giving the sports car its best sales in over a decade and keeping them above 129,000 units until the
new generation
arrived in 2005.
1999 wasn’t all good news for the Mustang, though. Exaggerated horsepower numbers for the car’s two V8 options led to a lawsuit a year later. That ended in the 320 hp Cobra Mustang being downgraded to 285 hp and the regular V8’s rating changing from 260 hp to 225 hp.
MORE: The Coolest Mustangs Ever Produced

SN95 Mustang ownership costs

Like most sports cars, an SN95 Mustang’s price depends on its year and trim level. A basic GT in good condition values around $8,000, while a Cobra in the same shape can range between $10,000 or a ‘94 model to nearly $22,000 for an ‘03 or ‘04.
As for car insurance, the model year of your SN95 makes a big difference. Anything from 1997 or earlier will have a much easier time finding cheap car insurance, thanks to the 25-year cutoff for most classic car coverage.
Other SN95 owners will have to contend with the higher premiums often assigned to sports cars, but you be sure you’ve found the best price for coverage by shopping with Jerry. 
A licensed broker that offers end-to-end support, the Jerry app gathers affordable quotes, helps you switch plans, and can even help you cancel your old policy.
MORE: An American Icon: the 2000 Mustang
Are you overpaying for car insurance?
Compare quotes and find out in 45 seconds.
Try Jerry

Easiest way to compare and buy car insurance

√
No long forms
√
No spam or unwanted phone calls
√
Quotes from top insurance companies
Find insurance savings