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Fox Mustangs 1979-1993 Mustangs Member Tech & Restoration Discussion

Is this car worth the price?

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Old 7/29/05, 08:25 PM
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1992 Ford Mustang Stock No: 5C9560 $7,980.00 EXTERIOR COLOR WHITE
ENGINE 5.0L V8
BODY STYLE 2DR CONVERTIBLE
MILEAGE 181,001 mi
VIN 1FACP44E2NF152541

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Year 1992 Ford Mustang Price $7,980.00Options Installed
15.4 Gallon Fuel Tank, 6.4 Cubic Feet Luggage Capacity, Bucket Seats, Built In United States, Cloth Seats, Front Head Room: 37.6, Front Leg Room: 41.7, Height 52.1, Length 179.6, Maximum Seating: 4, Power Brakes, Power Door Locks, Power Steering, Power Windows, Rear Wheel Drive, Remote Trunk Release, Roof Rack, Tinted Glass, Wheelbase: 100.5, Width 68.3.
Old 7/29/05, 09:30 PM
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No way, more like 4900
Old 7/29/05, 09:40 PM
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Originally posted by Fordracing200@July 29, 2005, 10:33 PM
No way, more like 4900
The guy at Hub City Ford said he would take $6,980, but I have to pay cash for it. They wont finance it. Or if I had $2500 I can get an 04 for about $400 a month..........Really can't afford $400 a month plus insurance, stinks cauze I really want a Mustang Convertible bad!
Old 7/29/05, 11:16 PM
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No No No please dont buy that car for 8 thousand dollars. I wouldnt buy that car w/ 140,000 less miles for that price. You can find soooooo much better.
Old 7/30/05, 08:52 AM
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Originally posted by 88blueGT@July 30, 2005, 12:19 AM
No No No please dont buy that car for 8 thousand dollars. I wouldnt buy that car w/ 140,000 less miles for that price. You can find soooooo much better.

Thanks for the input. You see I've always wanted a Convertible Mustang and this is really the first time I have ever sat in one and I need a car. I was in heaven sitting in the car and if I did have the money right then and there I would of bought it. I think you are right I can find a much better deal. It will take a while though because I really have NO credit so I will have to save money. $400 a month is pretty steep for me since I am already paying $300 a month Child Support plus household bills. Anyways I know it will be worth the wait to own a Mustang Convertible one day!

How much do you guys think of a down payment I would need to get, let's say a newer Mustang mabye a 1998 - 2002 and my Monthly payment to be around $260 a month?
Old 7/30/05, 11:40 AM
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It all depends on what kind of condition the Mustang is in, the milage, the interior, the motor, stock or modified. It depends on alot of stuff. You should def. wait though. The worst thing to do is spend too much for a car and than a month later see something twice as nice for half the price. Remember.... good things come to those who wait.
Old 7/31/05, 08:31 PM
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Kenny,

I bought a '93 LX 5.0 convertible w/112K miles for $6000 a little over a month ago from a guy I know. It was a little high on price but another friend of mine owned the car last year and from what I remembered the car was in pretty good shape. It also has a few mods done to it. The fact that the car you're looking at is at a dealer accounts for the high price they're asking. I'd be willing to bet they gave somewhere around $2000-$2500 for the car on trade and because of the fact these cars are becoming harder to find they feel they can jack the price up. Personally, I'd keep looking. Check Autotrader magazine for local cars or www.autotrader.com to see what's out there in a 200-300 mile radius. Good luck.
Old 8/3/05, 09:28 AM
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Why not get a later 94-95 conv. It still has a 5.0 in it, it has better brakes, and suspension, and a lot of other things that make it better than a fox convertible. But if you get any conv. get some nice subframe connectors, and chassis bracing
Old 8/12/05, 12:46 AM
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thats alot of miles for that many dollars it being an LX doesnt help it out either besides it being a vert, but anyways i would probably regret spending anymore than $4k on her if it was me
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