I purchased this car for my wife in 2002 from a neighbor because she had always wanted a convertible, but we just couldn't find the right classic Mustang convertible. He had recently bought it but didn't want to fool with the repairs. Some previous owner had attempted to install a thumper stereo system and Lord knows what else, but had only succeeded in butchering the electrical system and hardly any of the electrical systems in the car worked, including the stereo. I removed all of the non-factory stuff and got everything working again. The rest of the interior and the body are in very good condition.
I was always a fan of the old muscle cars and never held much regard for these "newer" cars. After all, how could a car like this even claim to be descended from something like my '69 Mach 1? But after driving this car, boy did I have an attitude adjustment! This car will scream, handles like it is on rails, and is a blast to drive. Now my wife has to fight me for the keys when we go out for a drive!
I plan to keep improving the car and it will probably become a semi-show/semi-pleasure car. These Fox body Mustangs are starting to become collectible now and I look for the value of GTs, Cobras, SVOs, etc. to really jump in the next 5-10 years. If you have a nice original one, keep it in good shape. Also, nice original parts will become valuable as the cars increase in value.
I bought this car in March of 2006 with 36,000 original miles.
302 cu. in (5.0 L) SEFI
3.55 traction-lok rear
Oxford White with white top and Crimson Red interior.
302 5.0 HO, 350 RWHP,353 RWTQ
FB Performance 4STB with E-OD full manual with tranny cooler
everything except the leather interior and electric seats.
PRODUCTION NUMBERS: Convertibles - 32,074
BASE PRICES: Convertible LX - $13,702
FACTORY OPTIONS: Vinyl Seats, Speed Control, Power Side Windows, Electric Remote Mirrors
ENGINES/ENGINE CODES: M - 5.0L V-8 with 225hp, 300 lbs torque
EXTERIOR COLORS/COLOR CODE: Cabernet Red - 2H
INTERIOR COLORS/INTERIOR TRIM CODE: White/Scarlet - N (Conv. Only)
1992 5-spoke wheels with 235/40R16 Goodyear Eagle HP tires
Flowmaster exhaust with LX style tailpipes
Ford Motorsport suspension
clear front turn signal lenses.
BBK High Flow catted "H" pipe, Dynomax Exhaust, FMS aluminum drive shaft, FMS 3.73 gears, upgraded 130 amp alternator.17x9 Chrome Cobra racing rims, FB Performance 4STB with E-OD full manual, 10 inch 3000 stall converter with tranny cooler, Full length subframe connectors, H&R sport springs, Bilstein HD Springs and struts, MM Caster Camber plates, FRPP UCA and MM Adj HD LCA, MM pinion snubber, Eibach front/rear anti roll kit, Urethane steering rack bushings, LPW rear girdle, MM K-member brace 4pt.
Kenne Bell 2.2 Blowzilla at 8 psi, GT-40 lower intake, A9P mass air conversion, Flexalite Blackmagic Extreme Electric fan,160 degree thermostat, Crane HI-6 ignition with lx-92 coil, PMAS 90mm meter, 70 mm Accufab TB and spacer, Anderson power pipe, 42 lb FMS injectors, Walbro 255 high pressure intank fuel pump, Kirban adjustable FPR, Steeda radiator, Autometer pillar pod with Cobalt boost and fuel pressure gauges, Steeda # 19 cam , AFR 165 heads with 1.7 roller rockers, SCT dyno tune by Realspeed Automotive. 350 RWHP, 353 RWTQ.
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