Ford's new Mustang, introduced in 2005, has been a success for the company. It loses nothing in convertible format, offering an open air ride.

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Putting the top down requires you to release two latches above the windshield, then hold a button down. The latches are a little tough to move, and the top is slow.

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Our test car came with optional high intensity head lights and the Pony Package, which adds some cosmetic features.

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The base level engine, seen here, is a 4-liter V-6 producing 210 horsepower. The GT trim level Mustang gets a V-8.

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The convertible top nestles down behind the back seat. You lose the fastback roofline of the hardtop with the convertible, but the car still looks good.

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Cabin turbulence isn't bad in the front seats with the top down, as the windshield provides adequate protection.

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Handling isn't great with the Mustang, as it uses a solid rear axle. Traction control is an option, a necessary one, we think.

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The trunk isn't huge, but it offers a reasonable amount of space for the luggage from two people.

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The interior fit and finish of the Mustang's cabin is good. It's not luxurious, but it matches the quality found in equally priced Japanese and German cars.

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The steering response is good, with very little play in the wheel, but you can't snap this car around corners without the rear end coming loose.

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The retro styling of the Mustang is carried through in the instrument cluster, where six analog gauges face the driver. But there is also a modern trip computer display on the speedometer.

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We didn't think much of the five speed automatic transmission. It has no manual gear selection option, although you can limit the top gear pretty extensively with the low ranges.

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The DVD-based navigation system is a $1,995 option. Unfortunately, Sync wasn't available in the Mustang at the time of our review.

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The navigation system's maps aren't pretty, but the system is very functional, and it makes address entry easy.

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As an advanced feature, the navigation system offers text to speech for route guidance, meaning it will read out the names of streets.

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The head unit comes with a six disc changer which can read MP3 CDs. But you can't see the folders on a CD in list format.

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An auxiliary input jack, mounted in the console, comes standard.

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The base audio system in the Mustang is called the Shaker 500, which has a 500 watt amp. There is an upgrade available to the Shaker 1,000, which gets more speakers and a 1,000 watt amp.

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The DSP includes a setting for Convertible, which projects audio higher up, so you hear it at ear level. With the All Seats setting, the audio seems to be concentrated at door height.

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The Shaker 500 system is very bass heavy, but its highs are unspectacular.

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