there wont be a difference at all in the overall diameter of the tire (which is what effects your speedometer) if the 16 inch tires are the OEM mustang size, and going by your specs you gave they are. So you will not have any problem.
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2003 REDFIRE COBRA #3938 of 5082 @ 05/27/2003 1 of 414
MGW Shifter, Stingers, JLT, SS Inserts, MM FLSFC & CC Plates, SS Lines, H&R Race springs, IRS Brace, MRT Hood Struts
ME.com Member #29 - 400rwhp/380rwtq
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