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Ford Mustang SN95 (4th Generation)

1994–2004 · SN95 / Fox-4 · coupe

Fourth-gen Mustang on a heavily updated Fox-4 platform. 1994-1995 keep the pushrod 5.0 HO (215hp); 1996 switches to the 4.6L Modular SOHC V8 (215hp, then 260hp by 2001 GT). 1999 'New Edge' restyle. Cobra variants: 1996-1998 4.6 DOHC (305hp), 1999-2001 4.6 DOHC IRS, 2003-2004 Terminator 4.6 DOHC supercharged (390hp factory, much more capable). Body styles: coupe and convertible only — no hatchback.

Watch out: 2-valve 4.6L Modular intake manifold cracks at the crossover (1996-2001) — a well-known service-bulletin job, $200-400 in parts plus labor. Terminator 4.6 DOHC eats the stock TR-3650 trans and 8.8 rear axle when modified — both are the first upgrade once the supercharger is touched.