One problem related to transmission failure has been reported for the 2005 Ford Mustang. The most recently reported issues are listed below. Please also check out the statistics and reliability analysis of the 2005 Ford Mustang based on all problems reported for the 2005 Mustang.
The transmission failed. I was driving home from work and the car would only go in second gear. I made it to my mom's business and had it towed to Ford dealership after talking to a Ford customer service rep. The dealer told me the transmission would have to be replaced. Every transmission place I talked to said that these transmissions are failing in all of the Ford vehicles that have them between 60,000 and 90,000 miles. Ford refuses to fix or replace the transmission because I didn't buy an extended warranty. It is going to cost me several thousand dollars to replace this transmission. There is a defect in these transmissions and all of them should be recalled and Ford held responsible for the costs. My car isn't fixed yet because I don't have the money to do so. I have a 3 and a half year old Mustang I cant drive that I am paying for.