Sell your 2003 Ford Mustang for cash

The 2003 Ford Mustang is a small car that came with a choice of 3.8L 6-cyl and 4.6L 8-cyl engines. At 23 years old, many are reaching the point where repairs cost more than the car is worth. Running or not, we'll make you an offer and tow it away for free.

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2003 Ford Mustang at a glance

Body styleSubcompact Cars
Engines3.8L 6-cyl, 4.6L 8-cyl
TransmissionsAutomatic 4-spd, Manual 5-spd, Manual 6-spd
DriveRear-Wheel Drive
FuelRegular Gasoline, Premium Gasoline
Fuel economy15–17 city / 21–27 highway / 17–21 combined MPG
EPA annual fuel cost$3,200–$4,850 a year (EPA estimate at current fuel prices, 15,000 miles)
Tailpipe CO₂423–523 grams per mile
Versions tested by EPA7 configurations
Age23 years

Specs, fuel cost and emissions from the EPA's fueleconomy.gov data. Your car's exact equipment may differ.

What affects its junk value

  • Age: at 23 years old, most of a 2003 Mustang's value comes from reusable parts and scrap metal, not resale.
  • Weight: as a small car, it weighs less than a truck or SUV, so its value leans more on parts than on scrap weight. See how scrap prices by weight work.
  • Catalytic converter: like all gas and diesel cars, it has a catalytic converter containing precious metals, one of the most valuable parts on a junk car. An offer assumes it's still in place. More on catalytic converters.
  • Recalls: NHTSA lists 1 recall for the 2003 Mustang. Open recalls don't stop you from selling or junking it.
  • Known problems: owners reported the most issues with the engine and engine cooling, typically around 4,000 miles. If that's what failed on yours, it can still be sold as-is.

How junk car offers are calculated

2003 Ford Mustang recalls

NHTSA lists 1 safety recall covering the 2003 Ford Mustang. Open recalls don't stop you from selling or junking the car, but check your VIN at nhtsa.gov/recalls to see which apply to yours.

Vehicle Speed ControlApr 2006 · NHTSA campaign 06V108000

On certain Mustang cobra passenger vehicles, the rear surface of the accelerator pedal may come into contact with floor carpeting during heavy throttle application. The unique surface profile of the accelerator pedal may catch in the cutout on the floor carpeting behind the accelerator pedal.

Risk: This could interfere with the pedal's ability to return to an idle position. Unexpected, continued throttle application and/or increased stopping distances may occur which could result in a crash.

Common 2003 Mustang problems

Owners have filed 180 complaints about the 2003 Ford Mustang with NHTSA. 19 reports involved a crash and 4 reports involved a fire. Owners reported 12 injuries.

Complaints are reports from owners and aren't verified by NHTSA. One complaint can list several components. Mileage is the median odometer reading owners reported for that component.

Most-reported components

  • Engine and Engine Cooling28
  • Seat Belts14
  • Unknown or Other12
  • Engine and Engine Cooling11
  • Vehicle Speed Control11
  • Electrical System8

Typical mileage when problems were reported

  • Engine and Engine Cooling4,000 mi
  • Seat Belts71,000 mi
  • Unknown or Other21,000 mi
  • Engine and Engine Cooling10,000 mi
  • Vehicle Speed Control9,000 mi
  • Electrical System74,000 mi

2003 Ford Mustang service bulletins

Manufacturers have filed 59 technical service bulletins and communications with NHTSA covering the 2003 Ford Mustang. These are repair instructions for known issues, not recalls.

Most common bulletin topics

  • Engine and Engine Cooling12
  • Power Train4
  • Electrical System3
  • Equipment3
  • Structure3
  • Suspension3

Recent bulletins

  • Service Bulletin/Repair InstructionsOct 2007 · 07212

    Some 1997-2008 vehicles equipped with a 4.6l 2v, 5.4l 2v, or 6.8l 2v engine--spark plug thread repair procedure--not covered under new vehicle limited warranty. *nj this

  • Service Bulletin/Repair InstructionsJan 2006 · 06216

    Limited slip axle chatter, shudder, binding sensation, or vibration during low speed turning maneuvers. *tt

  • Service Bulletin/Repair InstructionsJan 2006 · 06513

    Engine misfire with diagnostic trouble code (dtc) pewee, p0302, p0303, p0304, p0305, p0306, p0307, p0308, and p0316. *tt

  • Service Bulletin/Repair InstructionsNov 2005 · 041601

    Wds cop kit diagnostic tip - coil on plug (cop) ignition systems - engine misfire or rough running. *tt

Source: NHTSA manufacturer communications (technical service bulletins).

NHTSA defect investigations

NHTSA opened 3 defect investigations covering the 2003 Ford Mustang.

Engine and Engine CoolingDP05005 · opened Sep 2005, closed Jan 2006

Spark plug ejection from cylinder head

On september 6, 2005, odi received a petition requesting that the agency investigate allegations of engine spark plug ejection in certain model year 1997 through 2004 Ford vehicles with triton v-8 and v-10 engines.odi received a total of 474 non-duplicative complaints on the subject vehicles where the complainant, or t

Vehicle Speed ControlEA05014 · opened Sep 2005, closed Apr 2006Led to recall 06V108000

Accelerator pedal interference

On april 3, 2006, Ford motor company submitted a defect information report to NHTSA concerning a defect condition that could result in interference between the accelerator pedal and floor carpeting in approximately 19,140 model year 2003 and 2004 Mustang cobra vehicles (Ford recall no. 06s43/NHTSA recall 06v-108, copy

Vehicle Speed ControlPE05038 · opened Jul 2005, closed Sep 2005

Accelerator pedal interference

Pe05-038 was opened on july 7, 2005, with 11 consumer complaints to odi alleging incidents of throttle sticking due to accelerator pedal interference with the carpet.odi has received an additional 24 complaints since the pe was opened.during pe05-038, Ford supplied complaint and warranty information regarding 86 additi

Selling a 2003 Mustang: questions

How much is a 2003 Ford Mustang worth for junk?

It depends on its condition, whether major parts like the engine, transmission and catalytic converter are still there, and current scrap and parts prices where you live. Its parts make up much of its value. Enter your ZIP code above for a free offer on your specific car.

Can I junk a 2003 Mustang that doesn't run?

Yes. We buy 2003 Mustangs that don't start, were in an accident, failed inspection or have a blown engine or transmission. Towing is always free.

Can I sell a 2003 Mustang with open recalls?

Yes. Open recalls don't prevent a junk sale. NHTSA lists 1 recall for the 2003 Ford Mustang; you can check whether any are still open on yours with the VIN lookup at nhtsa.gov/recalls.

What paperwork do I need to sell my 2003 Mustang?

Usually the title and a photo ID. Rules differ by state, including what to do with your plates and whether to file a notice of sale. Check our state-by-state car title guides for the official forms.

Sources

Data retrieved October 2026.

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