Ford Mustang 2001 Problems

Are you having problems with your 2001 Ford Mustang? Let our team of motoring experts keep you up to date with all of the latest 2001 Ford Mustang issues & faults. We have gathered all of the most frequently asked questions and problems relating to the 2001 Ford Mustang in one spot to help you decide if it's a smart buy.

Used Ford Mustang review: 2001-2003
By Graham Smith · 22 Jun 2009
Twice Ford has sold the Mustang in Australia and both times it’s main role has been to support the Falcon. The first time it was officially sold here was in 1965 and 1966 when 209 Mustang coupes were imported and converted to right-hand drive by Ford. They were brought in to give visual credibility to Ford’s claim that the XR Falcon was ‘Mustang-bred’.The next time Ford Australia turned to the Mustang was in 2001 when it released the Mustang Cobra. Ford was going through a tough time in the market, the AU Falcon was being panned left right and centre and the Mustang injected some excitement into the brand when it was desperately needed.Ford’s plan was to sell 250 Mustangs per year, but it never reached those heady heights and it officially left Ford showrooms in 2003, although there were cars still on sale at dealers a couple of years after that.MODEL WATCH There’s no doubt that the Mustang was one of motoring’s all-time icons. It’s introduction in America in 1964 caused a sensation and sales soared to a level unimaginable even by the most optimistic of Ford’s marketing people. It was literally an overnight success. Subsequent models built on the initial success, but its glory began to fad in the 1970s when the focus swung towards fuel-efficiency, environmental friendliness and safety.A disastrous experiment with a four-cylinder model almost brought about the end of the Mustang in the mid-1970s, but there were enough die-hard Mustang fans within Ford to ensure it was kept alive through some very lean years. By the end of the 1990s the Mustang had a V8 again and was enjoying a renewed popularity and its future was assured with the 1999 model.Ford decided to spice up its local offering by bringing the Mustang here in 2001. The car that arrived here wasn’t just any Mustang, it was the Mustang Cobra, which was the top model in the US market and sold through SVT dealers. SVT was Ford America’s version of FPV here.Before it was sold here it was stripped bare by Tickford, the predecessor of FPV, and very competently converted to right-hand drive It was no cheap makeover. More than 150 major new components were made along with 200 minor parts and 250 documented processes. All up Ford invested $4 million in the project.The power was delivered through a sweet revving 4.6-litre all-alloy quad-cam V8 that pushed 240 kW and 430 Nm through the drive train. It was a silky smooth engine that emitted a low growl as a reminder of the potential that lay under the bonnet. The transmission was a Tremec five-speed manual that fed into a limited-slip diff on the way to the rear wheels. Underneath the Mustang boasted modified MacPherson Struts at the front and double wishbone independent suspension at the rear, the brakes were discs front and back with ABS, the steering was power-assisted.Ford offered the Mustang in coupe and convertible forms, and being a premium model, it had all the bells and whistles. Standard were leather trim, air-conditioning, power mirrors and windows, six-disc CD player, remote central locking, power driver’s seat, tilt steering wheel and cruise. The convertible had a power roof with a glass rear window.On the road it wasn’t the most sophisticated car; it’s handling was predictable without being particularly sharp and its ride was a little choppy, but its engine was a treat.IN THE SHOP The changes made to the Mustang by FPV improved it for Australian conditions. The engine is a delight. It revs freely and makes a great noise, which is probably the best thing about this Mustang. Inside it’s a little cramped given that it’s a big car and the quality of the interior trim and fittings isn’t great. Overall build quality is typically American, which means it isn’t as good as the Japanese or Europeans, but it seems to hang together quite well and few problems are being reported.Look for a service record and make sure the engine oil has been changed regularly.IN A CRASH Dual frontal airbags came standard in the Mustang, which provided pretty good crash protection. Standard ABS brakes and traction control, with reasonable chassis dynamics add up to a good level of primary safety.OWNER’S VIEW Peter Tollitt bought his Mustang Coupe in 2001 and says every day since has been an adventure. It is the longest he’s ever owned a car and even with 100,000 km approaching he says there is no car that excites him enough to make a change. He’s improved its looks by lowering it and fitting big billet wheels. He says there is nothing that comes close to the excitement of jumping in the Cobra everyday with Deep Purple pumping out at one end and the sweetest factory delivered exhaust note pumping out the other. He rates the handling improvements by FPV highly and says the performance is also great. He says it has been virtually trouble free and relatively inexpensive, particularly compared to his three previous HSVs. A broken clutch, a twisted driver’s side seat belt and a few minor throttle niggles in peak hour are his only complaints, but he says they pale in insignificance when compared to the upsides of the car.LOOK FOR • Head turning looks• Great exhaust note• Good performance• Average build quality• Cramped interior for sizeTHE BOTTOM LINE Great engine, average chassis and build quality, but it’s a MustangRATING 65/100
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The importation paperwork and costs will vary from state to state, so you need to check with your home state’s authorities on what’s required. Your chosen shipping company might be able to help you with this, but make sure you check it all out at the Australia Border Force website (abf.gov.au).

While your budget rules out the latest shape Mustangs and the early classic models, you might just find a 1980s Fox-body Mustang or a 1990s model that’s already on the road here. Doing it that way, you stand to wind up with a better car than a cheapie from the States that will swallow several thousands of your budget dollars just to land it here. Which is another way of asking why you’d import something that was already available here?

Even if you still want to import a Mustang, be aware that you’ll be up for costs including (but not limited to) pre-shipment costs (removal of asbestos and steam cleaning) freight and insurance, all government charges and duties, storage charges, customs broker’s fees, wharf and transport charges and processing fees. And that’s before we even get to the modifications you might have to make to the vehicle to make it legal to drive in Australia. And did we mention that, right now, global supply-chain problems are holding up literally thousands of containers on the docks in the US?

Perhaps the one advantage you have is that, as a temporary resident, you can (under some conditions) import a car for a limited time (up to 12 months) without paying duties and taxes.

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