294 problems have been reported for the 1998 Ford Mustang. The following chart shows the 24 most common problems for 1998 Ford Mustang. The number one most common problem is related to the vehicle's engine and engine cooling with 86 problems. The second most common problem is related to the vehicle's fuel system, gasoline (29 problems).
The following chart shows the number of problems reported during each of the service years since the debut of the 1998 Ford Mustang in 1998.
| Service Year | Number of Problems |
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| 2022 | |
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| 1998 |
When making the decision between buying a new or used Ford Mustang, the following table can be used to compare the 1998 Ford Mustang with the Ford Mustang from other model years. Note that the number of problems reported for the 1998 Mustang is 294 while the average number of problems reported for the 26 model years of the Ford Mustang is 305.