I’m considering buying a New Edge GT and could use some convincing. I’ve always been into Japanese cars and never really thought much about American muscle, but lately, I’ve been warming up to the New Edge SN95. The prices look pretty appealing compared to other sports cars from that era.
I’m looking at a 2003 model with under 140,000 miles and some updated performance parts, all for $3,000. I’d be going with a manual transmission and using it as a daily driver, so please keep that in mind.
If the New Edge GT doesn’t work out, I might look at the second-gen Mustang as a more practical option. I’m really just looking for some advice on this.
I’ve owned several 94-04 Mustangs and have had many customers with them while running my performance shop.
They’re a blast to drive, have plenty of aftermarket options, and the 4.6 2v engine is pretty durable as long as you keep it under 400hp. Upgrading the gears, suspension, and exhaust will really enhance the driving experience and give the car an awesome sound.
If you end up not liking the car because it’s a bit noisy, you can always sell it to someone who’s up for taking it on. No big deal.
I own a 1994 SN95 5.0. While some people don’t like the body style, I think it’s a sharp-looking car. The same goes for the New Edge, it’s a lot of fun to drive and isn’t too bad on gas for a sports car. My SN95 has an engine swap, a manual transmission, and an x-pipe. If I were in your shoes, I’d go for that '03 model you’re considering.
Are there any common problems with a lightly modified and tuned 4.6 that I should be aware of?
I’ve saved a list of parts in case anything needs attention.
Just so you know, it wouldn’t be too impractical for my needs, and it would be my sole vehicle for now, so I want to avoid a money pit. I’m familiar with the basics of buying a car but haven’t done all my homework on Mustangs.
I’m only 16 and living in Canada, so prices are much lower for you if you’re American. I’ve already spent around $10,000 on my car and still need to spend more. It’s manageable if you check everything thoroughly before buying. My car had a few issues I didn’t anticipate: a bent tire due to possible frame damage, which means $1,200 for new tires each time if not more, and I also need a new AC compressor. Those three things alone are going to cost me about $2,500, plus another $300 for new speakers. It really comes down to how much you’re willing to invest. If I were in your position, I’d go for the New Edge, it has more horsepower right from the start compared to the earlier 4.6 models and looks a bit better. Enjoy whichever car you choose!
Yeah, a bent frame is definitely not a common issue. An AC unit can fail on any car, but it sounds like your vehicle might not have been well-maintained, and you just got unlucky.
I’ve had two New Edges and a '95 GT, and all were extremely reliable with only a few minor, inexpensive issues. The only time I had a problem was when I pushed too much boost in the Mach 1 and bent a rod, but that was my fault, not the car’s!
If you get a well-maintained car, keep up with regular maintenance, and avoid any extreme modifications, these cars should be quite dependable. The engines are incredibly durable as long as you’re not over-boosting them. They’ll last a long time.
One thing to note about the 4.6L is that the heads on the 4v models (like the Cobra and Mach 1) can sometimes develop a tick or valve seat issue. I’m not aware of any common problems with the 2v heads (like those in the GT).
I can’t comment on the reliability of the automatic transmissions, as all my cars were manual.
A lot of these expenses are just part of car ownership. Paying $1,200 CAD for tires about $850 USD isn’t too bad for a full set. Sure, you could find cheaper options, but low-quality tires can be a safety hazard and increase your risk of accidents, so it’s not worth skimping.
Things like the AC compressor and radiator are components that everyone will need to replace eventually. Many parts only last a few years and will need to be changed, especially if you drive a lot. You’ll also need to replace things like brake pads and rotors at some point.
Generally, I haven’t heard of any major issues with the 4.6L engine. If it’s a manual transmission, expect it to be quite stiff but a lot of fun to drive. An automatic might be a bit less efficient with fuel, based on what I’ve heard, but it’s easier to get the hang of. It’s much more user-friendly. Just be sure to research any modifications online to ensure they’re reliable.