1992 Ford Mustang
Although it was considered one of the best buys, the 1992 Mustang suffered from low sales like its predecessor in 1991. As a result, 1992 had the lowest production of Mustang GTs during the previous decade, with 3.983 fewer GTs produced than in 1991. Ford attempted to revive interest and stabilize sales by releasing a 1992 ½ model. With a Vibrant Red exterior, white wheels and white interior, the convertible did help stimulate interest in the Mustang in 1992, though only 3,333 were produced.
First introduced in 1979, the Mustang’s rear styled generation was growing old by 1992, having been around for approximately 13 years. Three Mustang models were available in 1992: the two door hatchback coupe, the convertible and the coupe. All body styles were offered with an available LX trim and either a standard four cylinder engine or an LX 5.0L V8. Sporting the more powerful V8 engine, the GT was offered in hatchback and convertible. A new dome lamp was added for all models, along with new moldings and color-keyed bumper stripes for the LX Mustangs. Rear shoulder belts and a side airbag made a welcome return in 1992, adding to the car’s safety.
While not quite as powerful as future engines would become, the available 2.3 liter 4 cylinder 105 horsepower engine and the 5.0-liter V8 engine with 225 horsepower were competitive for their time.
Though the 1992 V8 Mustangs boasted a great acceleration and all models handled well, some drawbacks included interior noise, lack of room in the rear, slow acceleration on the four cylinder, and gas mileage on the V8. On average, however, the Mustang was considered by many to be an American legend.
Enthusiasm was lacking for the loud, weak four cylinder engine which needed frequent repairs. Consumers flocked to the more desirable V8 for power and performance, though it had its own drawbacks as well. Terrible gas mileage and poor traction in wet weather as well as a stiff suspension resulting in a rough, bumpy ride were a few of the less desirable traits of the V8. Though the ride in the base model was much smoother and controlled, without the stiff suspension the four cylinder leaned harshly while the V8 handled much better.
The front disc and rear drum brakes were another problem spot on the 1992 Mustang, lacking the power needed to control the vehicle. In addition, some of the controls were too small and oddly placed, though this became less of a problem as the driver because accustomed to the placement.
Though it had been around for over a decade, the Fox chassis still was better than the competition in terms of value and performance, and Ford decided to use it again in 1992. The same V8 engine from 1991 was used in the GT, complete with aluminum intake, true mass airflow sensor, low restriction air cleaner, roller lift cam, injectors and truck heads.
Stainless steel exhaust paired with stainless steel tubular headings provided plenty of style for the GT. On the performance side, the specialized suspension featuring a .83 rear anti-sway bar, 1.3 front anti-sway bar, and quadra shocks in the rear with gas pressurized struts combined with the 10.84 front inch brakes made for great handling.
The exterior of the 1992 Mustang GT was almost identical to the 1991 model, featuring the same tight headlamps, rear wing, circular fog lights, rounded hood, ground effects package, and level rear window. Similar paint colors were used as well, including Wild Strawberry Metallic, Titanium Frost Clearcoat Metallic, Medium Titanium Clearcoat, Black Clearcoat, Ultra Blue Metallic, Bright Red, Oxford White, Bimini Blue, and Medium Red with the addition of a Titanium lower accent treatment with Medium Red. The removal of a piece of trim on the convertible marked the only exterior change.
With regards to the interior, the 1991 and 1992 Mustangs were very similar as well. The same interior trim colors—Titanium, Black with Titanium leather, and Scarlet red—were offered as well as the same GT leather seat options: white and titanium, white and red, and black.
Sporty seats made an appearance in 1992 along with specially positioned accelerator and brake pedals, interval wipers, center console, and the tachometer. New dual map lights and dome lamp complemented the old details well. Other small changes took place in 1992 as well, such as the optional addition of power adjustment on the driver’s seat as well as the removal of the rear power window buttons.
Other available options on the 1992 Mustang included air conditioning, a tie-down cargo net, seven band graphic equalizer, power locks and windows, dual remote mirrors, speed control, sunroof, rear defrost, and AM/FM stereo with cassette.
In 1992, the prices for the Mustang ranged from $10,125 for the coupe to $16,899 for the convertible, with the hatchback in between at $10,721.
The Mustang production for the different model are as follows:
- Standard Coupe: 15,717
- Standard Convertible: 23,470
- Standard Hatchback: 40,093
- The total production of Mustangs for 1992 was 79,280.
Having been around since 1979, the third generation Mustang began to see a drop in sales despite its popularity and affordability. Ford had to take action to regain lost market share and keep the Mustang’s pony car status, and in 1993 the end of one era and the beginning of another came about as Ford embarked on a new design.