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OK well as u all know i want a mustang from like 94-96. But what is the better GT of the two years all out performance wise the 4.6 or the 5.0?? please let me knmow this question has racked my brain forever[8D]
Depends on how much money you have and how much of the work you can do yourself.
I would take the 5.0 because they are easier to work on and aftermarket parts are usually cheaper.
I think the 94-95 5.0 has 225 hp...96-97 4.6 has 215 hp and the 98 has 225 hp. If I were you I would bet a 98 Cobra man....especially is you love the 94-98 body stlye. It would be the best car to start with and you could get one for pretty cheap.
You could also head swap a 5.0 GT. They do have the ultra-crappy E7's.... Ive had a 1996 4.6 and my wife has a 02GT. I wouldnt give up my 5.0 for either.