A two-door, RWD sports car, the 1998 Ford Mustang is available as a coupe or a convertible. The base engine is a 3.8L V6 which produces 150 hp and 215 lb-ft of torque. The GT trim is powered by a 4.6L V8 which produces 225 hp and 290 lb-ft of torque. At the top of the range is the SVT Cobra which boosts the V8 power output up to 305 hp and 300 lb-ft of torque. All trims come standard with a five-speed manual transmission.