Owning a Mustang is a dream realized for many.
Renowned for its exhilarating performance (thanks to high horsepower even in stock configurations) the Ford Mustang promises an unparalleled driving experience that blends speed, power, and fun. Dating back to 1964, the pony has earned its iconic status.
But how much will you pony up for parts?
For routine repairs using standard parts, several factors influence the price – from the model year and trim level to the type of part itself. In this article, we’ll answer a few key questions like:
- Are Mustangs considered reliable?
- Are Ford Mustang parts expensive?
- Are Mustangs expensive to keep?
- And what are the best options for where to buy Mustang parts?
We’ll also give a few tips to help you save money on Mustang parts and maintenance.
Mustang Reliability
The thrill of owning any performance vehicle or collector car can sometimes be overshadowed by the cost of maintaining and upgrading it.
But luckily, modern-era ‘Stangs are relatively reliable and the average owner won’t have sticker shock over common repairs and parts. In fact, Repair Pal gives Mustang a 3.5 out of 5.0 for reliability, noting that the average annual cost of repairs is around $700. That expense, coupled with a record of infrequent major repairs, means you’re unlikely to find your Mustang turn into a money pit.
However, there are two major exceptions: 1) If you’re after specific aftermarket performance enhancements, like a supercharger for a Coyote 5.0, or 2) You’re restoring a classic with as many original parts as possible.
Let’s dive into a significant determinant of car part prices: the year and trim level of your Mustang.
Component Prices: New vs. Old
Newer models often have more readily available and affordable parts due to their age and widespread popularity. By contrast, older models – especially those with high-performance trims like the Shelby GT500 – may have more expensive components due to advanced technology and limited production numbers.
To illustrate this point, let’s compare the cost of parts for a classic 1969 Mustang Boss 429 to a modern-day, fifth-generation Mustang GT.
The Boss 429 is a legendary performance car. If you own one of these (or its little brother, the 302, or any other older model), you already know parts can be extremely expensive. For instance, finding an original intake manifold or carburetor in good condition can be a daunting and costly endeavor. Aftermarket replacements or compatible parts from a newer Mustang sometimes are the only practical choices.
For restoration work, however – particularly for body panels or interior classic Mustang parts – you may only want originals. Due to rarity, you’ll probably pay a good bit.
On the other hand, a fifth-generation Mustang GT benefits from economies of scale. With a larger production volume, parts for these models are generally more affordable and readily available. While performance upgrades can still be expensive, basic maintenance items like brake pads, filters, and spark plugs are typically comparable to other midsize cars.
Are Ford Mustang Parts Expensive?
Generally speaking, you should expect Mustang parts to be more expensive the older the car is. Seventh-generation 2024 Mustangs became available in 2023. Here’s a quick breakdown of the prior models, by generation:
Generations of the Mustang:
- First-Gen (1964-1973): The iconic original, featuring the classic fastback design.
- Second-Gen (1974-1978): A larger, more luxurious Mustang with a focus on comfort.
- Third-Gen (1979-1993): A return to smaller size and sportier handling.
- Fourth-Gen (1994-2004): Modernized the Mustang, with an updated look to the Foxbody.
- Fifth-Gen (2005-2014): Ford introduced a significant redesign with retro styling cues.
- Sixth-Gen (2015-2024): Combines modern technology with classic Mustang heritage.
- Seventh-Gen (2024 models): Adds new features like the electronic drift brake and remote rev showcasing Mustang’s iconic engine growl.
When it comes time for repairs, Original Equipment Manufacturer (OEM) parts are generally preferred for any age Mustang. While parts are often harder to find for older cars, using original equipment – whether new-in-box or salvaged – contributes to your Mustang’s value.
If you have your vehicle’s VIN, you can use it to look up OEM part numbers.
OEM vs. Aftermarket Parts: A Cost Comparison
Best for your car’s resale value, OEM parts are manufactured by the vehicle’s original manufacturer or a licensed supplier and are designed to meet specific vehicle standards. These parts often come with a higher price tag but guarantee fit, performance, and durability.
Best for your budget, aftermarket parts are produced by third-party manufacturers and offer a wider range of options and price points. While usually more affordable, aftermarket parts vary in quality. Some performance auto part brands produce replacement parts or kits that may cost much more than their OEM counterparts.
In cases of specialized equipment, you’ll normally pay more for parts that increase horsepower, improve handling, or otherwise boost speed and driveability.
Planning for the Cost of Mustang Parts
The cost of routine maintenance for a modern Mustang is comparable to any other car. This includes essentials like engine oil, filters, and other fluids. Wear-and-tear items like street tires, brake pads, and spark plugs are also unlikely to break the bank (unless you purchase equipment specific to special uses, like competition).
Where expenses grow is when you buy parts for modifications and performance enhancement. This can include:
- Exhaust systems: Prices vary widely depending on materials and brand, and whether you have the kit professionally installed. An X-pipe for instance can cost around $350 to more than $1,000, just for the part.
- Suspension components: Upgraded shocks, springs, and sway bars can make a big difference in handling – and on your wallet. You can typically pick up a good-quality aftermarket sway bar, for example, for around $500 per axle.
- Engine modifications: Parts like cold air intakes, performance chips, and superchargers can be costly but offer substantial performance gains. A tuning box kit alone, for instance, can set you back between $200 and $600, depending on the brand.
- Tires and brakes: Upgraded tires with better grip and performance-oriented brake pads and rotors can improve handling and stopping power, but they also come at a higher price point. For example, even mid-tier racing tires on a Mustang will cost more than twice as much as those made for a commuter.
With these costs in mind, take the time to plan for which parts you want to get for rock-bottom price and which parts matter most to you – that you’d be willing to spend more for. Careful planning is the first step to managing costs.
Money-Saving Tips
Here are some additional tips to help you save money on Mustang parts and maintenance:
- Shop around for the best deals. Compare prices from various stores and online retailers and take advantage of discounts and promotions (like free international shipping from Wade’s Motorsports).
- Choose DIY for some repairs. Learning to perform routine maintenance tasks like oil changes, filter replacements, and brake pad changes can save you money – and give you a sense of pride.
- Consider aftermarket alternatives. Not all aftermarket parts are created equal. Do your research to find reputable brands that offer quality products at competitive prices.
- Join Mustang clubs and forums. Connect with other Mustang owners to share information about parts, repairs, and discounts. Through networking, you may even find a great deal on a rare part.
- Keep up with preventative maintenance. You can help prevent costly repairs in the long run by doing regular inspections to identify potential issues before they become major problems.
By shopping smart and planning ahead, you can enjoy your Mustang without breaking the bank. Money isn’t the only factor, either. When it comes to replacement car parts, compatibility and durability are important. Generally, we strongly recommend going the OEM route whenever possible, to preserve value, ensure fit, and get more bang for your buck in terms of durability.
Whether you’re rebuilding a classic or maintaining a modern model, Wade’s Motorsports is your trusted source for high-quality OEM Mustang parts. With our extensive inventory and expertise, we can help you find the perfect components for your project. Contact us today or browse our inventory online for affordable Mustang parts and hard-to-find OEM parts.
