They both suck pretty hard.
Gas mileage = horrible
Safety = pretty bad
Trunk space = not very good
Front wheel drive = nope
Insurance = high priced
Rear seating leg room & head room = probably not very roomy
4 door option = probably only available in 2 door
There's nothing appealing at all between either car. If I was forced to drive one of the two, it would be a Mustang because:
Some years it was available with a 4 cylinder. (That reason alone makes Mustang the better choice.)
Mustang probably does better in crash tests.
Mustang probably has more (usable) trunk space.
Insurance cost is probably lower on a Mustang.
With the exception of 1953 - 1962, the Corvette's body style is always a LOT uglier than the Mustang's body style. (The Mustang was introduced in 1964.)
Off hand the only thing I can think of that I like about the Corvette over the Mustang, is that it's not a Ford.
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