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How to add more horsepower to my Mustang?

My parents just recently bought me a 1995 Ford Mustang GT 5.0L for my first car for christmas. Its in really good condition and has only around 40,000 miles so I was interested investing some money into it since its likely to be around for a while. But the problem, I want to add HP & increase the torque and acceleration but I am 17 and work a part-time job along with going to school so my funds are limited. What are some cost effective ways to add horsepower to my car without having to spend thousands of dollars on a turbo charger or supercharger?

Asked By: tim - 1/15/2013
Best Answer - Chosen by Asker
This a car ripe for bolt-ons. I agree with Knuckes, the exhaust would be a good place to start. A full exhaust on these cars is usually good around 25+ HP alone. I would also consider rear end gears, 3.73's are a popular choice, but some people are happy with 3.55's. You might want to look for some GT-40P heads as well... More
Answered By: fodaddy19 - 1/16/2013
Additional Answers (4)
You get a second one, then you will have 2 horse power.
Answered By: Zorro - 1/15/2013
 
Not much you can do with your funds besides the norm intake which wont do shit, exhaust which again wont do shit but sound. The only thing you can do is just save up for a cobra... More
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Answered By: Brian - 1/15/2013
 
The best place to start is to uncork the exhaust....... Stock mufflers cost you 15-18 HP....the power is there, you justy have to unleash it...........new mufflers and a X-pipe crossover are an almost foolproof mod. Then, add 1-5/8" headers ....long tubes, if you can get by the smog cops. It doesn't pay to screw with... More
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Answered By: Knuckles - 1/15/2013
 
Christmas is a proper name and must be capitalized, Mr. Teenager. You say you have a problem and that you wish to add HP to this car. The 5.0L motor came in 215/240/300 horsepower versions. The more horsepower the more fuel it shall use. At seventeen years of age I think your parents made a huge mistake in giving you... More
Answered By: Ramon C - 1/15/2013
 
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