had the exact same problem as described by the OP with my new to me 03. The ppi shop said it was suspension related. My local guy said everything there was fine. The sound was from a loose and out of adjustment front trunk latch mechanism. He adjusted it and the sound is gone. Cheap quick fix, probabaly an easy DIY. See if that works.
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Ed
Pittsburgh, PA
78 5 spd 928 Blumaxx (in Hemmings S & E issue #100)
85 928S garnet red stock daily driver
06 Mustang GT Legend Lime and modified to go even faster
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