Hello,
Yes it would. The SN95 Mustang from 1996 to 2004 where all 2 valve SOHC 4.6L. The P.I. Cylinder heads came out from 1999 to 2004. This should be a direct fit. The hose coming from the heater core to the bank 1 cylinder head might need a little fabrication work to make it fit, but other than that, it should be a plug and play engine swap. The 2005 models is the start of the 3 valve SOHC cylinder heads. Let us know if we can help with anything else.
Thanks,
Alex
2CarPros
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Sunday, March 24th, 2019 AT 1:07 PM