With both sky high new and used car prices, many carbuyers are looking for "older" vehicles as a way to save some significant dollars. And it turns out the 2010 Mustang has proven to be a generally reliable vehicle. When properly maintained, it's been reaching around 200,000 miles, often with only some minor hood paint corrosion and A/C system issues.
Still, all older used cars require maintenance and repairs, usually more than more recent ones, so this has to be factored into a buying decision as well.
So here, we'll review its features when originally released, its pros and cons, how it worked out for reliability over the years, and specific mechanical issues some owners have reported that should be checked before buying one today.
But first, two very important tips:
1. Things To Do When Considering An "Older" Vehicle:
Locate Lower Mileage Vehicles: They are certainly out there to be found with careful and patient shopping. Be willing to drive a distance if you have to.
Vehicle History and Maintenance: Ask for the vehicle history report (CarFax or AutoCheck) as well as documented maintenance and repair records. If not provided by the dealer or private seller, it's best to move on.
Pre-Purchase Inspection: Have the vehicle independently inspected before making a final decision. This usually will cost in the $150-$200 range but is well worth it given the potentially thousands in savings over the long term.
2. And Know How To Get The Lowest Price:
Get Dealers To Compete For your Business: When you are searching vehicles to possibly purchase, the following is the absolute best way to get the lowest price, and it is extremely easy and stress-free.
Just go to a national car listing site, (I happen to prefer CarsDirect.com for their massive dealer participation and ease of use, although others will get the job done as well) and find several listed vehicles that you may be interested in.
Then write something like the following in the "Check Availability" box or "Contact Dealer" box or whatever the site you are using uses.
"Hello, I've contacted several dealers about cars I am interested in and am looking for the best value. I am also a serious buyer planning to make a decision soon. Please send me your best out-the-door price. Thank you.
After receiving the offers, follow up by explaining that based on the price, you're leaning in another direction but still really like their car and would certainly consider another offer. When dealers drop out, you'll know you're at the best price.
Using the internet to get dealers to compete for your business is extremely effective. More details on this and how to intereact with the dealers can be found here at Best Used Car Buying Techniques.
2010 Ford Mustang Overview
The updated 2010 Mustang was a bit of a tale of two cars. The GT V8 offers just tremendous performance value for the dollar. The V6 model, however, while certainly attractive with the new exterior styling and a much needed interior upgrade, lags in performance and remains a bit outdated.
This isn't to say V6 models should be avoided. They just don't perform as a traditional "muscle car" and the interior quality, while improved, still doesn't quite measure up to similarly priced rivals. While V6 models are "decent cars" overall, and certainly earn extra points for looking good, it's the Mustang GT V8 model that really shines and is likely the best performance-oriented vehicle starting under $30,000 on the planet.
New for 2010 is a refreshed design, both interior and exterior, as well as standard stability control, bigger wheels and a power boost for the V8 GT. Handling has also been improved for both models, while the GT in particularly now gets the suspension tuning from the discontinued Bullitt edition.
There's also an optional GT TrackPack that even further tunes the Mustang GT's suspension for still better performance. Ford's voice-activated Sync multimedia integration system has also now been made available for the Mustang.
Trims, Standard Features And Options:
The 2010 Mustang is offered in coupe or convertible forms, each with four trims: V6, V6 Premium, GT and GT Premium.
The base Mustang V6 is already fairly well equipped with standard features that include full power accessories, cruise control, air conditioning, keyless entry, 17 inch alloy wheels and a CD stereo system with an auxiliary audio jack.
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The V6 Premium adds the Sync multimedia system, a 6-way power driver seat with lumbar adjustment, leather upholstery, a leather-wrapped steering wheel, color-adjustable gauges, upgraded interior trim and a Shaker 500 audio system with a 6-disc CD changer.
Standard features on the V8-powered GT include everything from the base V6 plus foglamps, dual exhaust tips, 18 inch alloy wheels, a rear spoiler and a limited-slip rear differential. The GT Premium comes with the GT's features, all of the V6 Premium's equipment and a different set of 18 inch wheels.
Optional features for the base Mustang V6 include an anti-theft system as well as an exterior appearance package. There are a number of available packages for the V6 Premium including the Comfort Package (heated front seats, power passenger seat and auto-dimming rearview mirror), the Pony Package (a number of exterior design upgrades), and the Electronics Package (a voice-activated navigation system and automatic climate control).
Other offered optional features include a glass roof, remote start, a tonneau cover for the convertibles, xenon headlamps and a back-up camera (if you have the Electronics Package). In addition, the GT has a 3.73 Rear Axle Package that adds a more performance-oriented 3.73:1 axle ratio, a recalibrated stability control system and upgraded front brakes.
The top-of-the-line GT Premium can be outfitted with all V6 Premium and GT options plus a 3.55 rear axle, various 18 and 19 inch wheel choices and a still more powerful Shaker 1000 audio system (not offered with the Electronics Package).
Lastly, the TrackPack for GT models adds the 3.73:1 axle package, 19 inch summer tires and a number of suspension adjustments for improved handling.
Engines, Powertrain And Gas Mileage:
The 2010 Ford Mustang is a rear-wheel drive vehicle that comes with either the standard 5-speed manual transmission or the optional 5-speed automatic. Powering the Mustang V6 is a 4.0-liter V6 engine good for 210-horsepower and 240-lb-ft of torque.
Under the hood of the Mustang GT is a 4.6-liter V8 that pumps out 315-horsepower and 325-lb-ft of torque. The GT can go from a standstill to 60 mph in a very fast 5.2 seconds, while the V6 can cover this sprint in a respectable 6.6 seconds.
Even with its power advantage, the GT's EPA gas mileage numbers do not fall sharply as compared to the V6, coming in at 15 mpg city and 22 mpg on the highway with the automatic and 15 city and 23 highway with the manual. Gas mileage ratings for the V6 models are 16 mpg city and 24 mpg highway with the automatic and 17 city and 26 highway with the manual.
Safety:
Standard safety features on all Mustang models include antilock four-wheel disc brakes (ABS), stability control and front-seat side airbags.
Also, this Mustang earned the U.S. government's top 5-star safety ratings, which includes 5-stars for driver and passenger in front and side crash tests, as well as for rollover performance.
Interior:
The 2010 Mustang's interior still maintains its signature retro design and there's been a fairly significant upgrade in materials quality. The overall design is attractive, user-friendly and certainly a welcomed step up from previous interiors. The available Sync system, with its innovative voice-integration for music and Bluetooth functions, is also a well-received addition.
Seating is comfortable and supportive for the most part, particularly in the GT's front seats with their extra side-bolstering. While offering seating for four, it should be kept in mind that the rear seats for both the coupe and convertible are a bit tight for average-size adults.
The trunk's storage room is adequate, however, coming in at 12.3 cubic feet in the coupe and 9.7 cubes in the convertible.
Drive:
While the acceleration in the V6 is respectable, the performance in the Mustang GT is much more enjoyable, and nearly as fuel efficient. It's hard to think of a comparable engine in this price range with the same kind of pull, or sound.
This Mustang continues to provide a generally comfortable drive with fairly responsive handling while still employing its more cost-efficient solid-axle rear suspension, especially in the GT. And for driving-enthusiasts looking for that extra sharpness, the TrackPack makes a good choice.
2010 Ford Mustang Pros
Design: The 2010 Mustang received a restyled exterior that paid homage to its classic roots while offering a modern look.
Performance: The GT model was equipped with a powerful V8 engine, delivering strong acceleration and performance. The V6 option also offered decent power.
Handling: Improved handling and a refined suspension system compared to its predecessors, making it more agile and responsive on the road.
Interior Upgrades: The interior received upgrades in quality and features, making it more comfortable and appealing than previous models.
Variety of Options: Ford offered various trim levels and packages, allowing buyers to customize their Mustang to suit their preferences.
2010 Ford Mustang Cons
Fuel Economy: The V8 engine in the GT model, while powerful, tended to have lower fuel efficiency, especially in city driving.
Interior Space: While the front seats were comfortable, the rear seats lacked sufficient space, making them cramped for adults.
Quality of Materials: Despite improvements, the interior materials are still less refined compared to some competitors.
Ride Comfort: The suspension, while improved for handling, could feel a bit firm for everyday driving, leading to a stiffer ride quality.
Limited Tech Features: Although it had some modern features, the Mustang's tech offerings were not as advanced as some of its rivals during that time.
2010 Ford Mustang Reliabilty
The 2010 Mustang has had generally positive reliability ratings in several areas:
Engine Options: The base V6 engine and the available V8 engines (GT models) were known for their durability and longevity when properly maintained. These engines were part of Ford's long-standing line of reliable powertrains.
Transmission: The manual and automatic transmissions used in the 2010 Mustang were generally reliable. Regular maintenance, such as fluid changes, contributed to their longevity.
Overall Mechanical Reliability: This Mustang, in general, has had a good reputation for its mechanical reliability. Routine maintenance and timely repairs contributed significantly to its overall durability.
Solid Build Quality: While not without its flaws, the 2010 Mustang had a sturdy build that contributed to its reliability. The chassis and body structure were well-built, and many owners reported minimal issues related to these aspects.
Longevity: With proper care and maintenance, many owners reported their Mustangs lasting for many years without major issues.
2010 Ford Mustang Mechanical Problem Watchlist:
While the 2010 Mustang has proven to be generally reliable over time, like all cars, owners have reported specific, but not widespread, mechanical issues. It's important to note that these issues do not affect every car, and their severity can vary widely. Regular maintenance and addressing issues promptly can often prevent minor issues from becoming major problems.
Additionally, models and manufacturing batches may differ, so not all Mustangs from this year experienced the same issues.
Manual Transmission Issues: Some owners reported issues with the manual transmission, such as grinding gears or difficulty shifting.
Automatic Transmission Flare: There were occasional reports of the automatic transmission experiencing a flare between gear changes. A flare is when the engine RPMs rise after an upshift before settling down to a lower number and can be a sign of clutch or band failure.
Hood Corrosion: Reported by some owners at about 50,000 miles, paint can start to corrode and peel.
Spark Plug Blowout: This issue was more common in earlier models, but some 2010 Mustangs experienced spark plug blowouts, which could damage the cylinder head.
Engine Misfires: Some drivers reported instances of engine misfires, potentially attributed to various factors like spark plugs or ignition coil problems.
Strut Mount Problems: Premature wear or failure of strut mounts, causing noise or vibration in the front suspension.
Power Steering Issues: Occasional complaints about power steering problems, including leaks or power steering pump failure.
Water Leaks: Some owners reported issues with water leaks, particularly around the windows or sunroof, leading to interior damage.
Faulty Electronics: Some drivers experienced issues with various electrical components, such as malfunctioning gauges, window motors, or infotainment system glitches.
Also, Always Know The Value Of Your Trade-In!
Whether you are trading or selling on your own, it's just a good idea ... even whether you are in the market or not at the moment. You can then use this important information for a number of purposes ... to negotiate with a dealer, or to know how to price your car in the retail market, or simply to know the value of one of your assets, which is always a good idea.
Getting trade-in values online tend to vary a lot from site to site. But I've found the one at Edmunds Trade-In Quotes is particularly comprehensive and accurate.
It's free and just takes a couple of minutes. I think what helps its accuracy is the inputs will include either your plate# or VIN# followed by many simple, but specific, yes/no questions. They really focus in on the detail of the specific vehicle.