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26k Original Miles: 1990 Ford Mustang GT Convertible

For decades, the value of First Generation Mustangs have increased at an alarming rate for those wishing to park one in their garage. Many saw the Fox-Body variants as an affordable alternative, but their prices are following those earlier models into the stratosphere. That means that now could be the time to grab one of these beauties before they soar out of reach. This 1990 GT Convertible is a prime example. It is as original and unmolested as you could hope to find, and it has a genuine 26,000 miles showing on its odometer. The seller listed this stunning survivor here on eBay in Eau Claire, Michigan. Although the bidding is at $18,100, that figure is shy of the reserve. For those wishing to bypass the auction process, the seller offers a BIN option of $25,899.

Ford offered buyers twelve paint shades in the 1990 Mustang palette, with this car’s original owner selecting a combination of Dark and Light Titanium. As color combinations go, this one is a winner, endowing this Convertible with a touch of class. The paint shines beautifully, with any flaws seemingly limited to the lower body extremities. There are some chips and marks around the front spoiler, and the slight color mismatch suggests that area may have received a prior repaint. Otherwise, there is little to criticize. The color across the rest of the car is consistent, the panels are straight, and there’s no evidence of rust. The Black power top fits tightly, and the distinctive GT aero additions look good. The glass is flawless, and the original alloy wheels show no signs of stains or physical damage.

Just because a manufacturer markets a car as a performance model, there’s no reason why a buyer should miss out on life’s luxuries. That is certainly the case with this GT because it comes fully loaded. The car features air conditioning, power windows, power locks, power seats, power mirrors, cruise control, and a premium AM/FM radio and cassette player. The seats wear supple leather upholstery. There is some minor wear on the deep outer bolster on the driver’s seat, but a specialist should be able to address this to return it to as-new condition without costing the new owner a fortune. The remaining upholstered surfaces are excellent, and I doubt anyone has used the back seat. The carpet shows no wear, the dash is spotless, and there are no aftermarket additions.

As the 1980s progressed, it was evident that American manufacturers had devised strategies to extract increased engine performance without compromising emission standards. This Mustang demonstrates it, with its fuel-injected 5.0-liter “HO” V8 producing 225hp. The power feeds to the road via a five-speed manual transmission. Although it was not the firebreathing beast that was the hallmark of some of its predecessors, a 15.3-second ¼-mile ET showed that Ford was back in the performance gain with its sweet V8. There was more to come in subsequent years, but that figure looked good after the misery of The Malaise Era. This Mustang has a genuine 26,000 miles on the clock and is in excellent mechanical health. It has been appropriately maintained throughout its life and recently received a new fuel pump and tires. It runs and drives perfectly, with the seller including the original Owner’s Manual, Window Sticker, and other documentation.

Although it isn’t perfect, this 1990 Mustang GT Convertible would not cause its new owner shame on the street or at a Cars & Coffee. The color combination is one of the nicest offered, and its luxury appointments should make the ownership experience feel special. It is possible to find cheaper examples in the current market, but most won’t match this car’s combination of originality and condition. Values have climbed by more than 20% in the past year, and that trend shows no evidence of slowing. Therefore, now could be the right time to splash the available cash if you crave a classic that combines a satisfying driving experience with an appreciating asset. So, are you tempted?

Comments

  1. Avatar Bob_in_TN Member

    Very nice Fox Body. I agree with Adam, the gray/silver two tone, coupled with the black top and white interior, is a very attractive combination. A look at the engine gives one an idea of the care the car has had. Mileage is low but not so low that one would be reluctant to drive it. Like Adam says, prices for nice Fox Body Mustangs aren’t cheap, but it is refreshing that the ask isn’t in the stratosphere.

    Like 10
  2. Avatar Cadmanls Member

    Good find, these are appreciating at a crazy rate. On the flip side so many were used up and thrown away. I personally have pulled parts from more than one Fox body Mustang. Kind of like the modern tri five. They have been raced and used with many engine combinations from small block Fords to crazy Chevy combinations. So to find one low mileage and still with the air silencer, distributor boot and without flow master mufflers is hard to do. Almost got my hands on one out of the hurricane down in Ft. Myers but in the end he gave it to the insurance co and was totaled. It was a really nice red drop top, low mileage and his baby. Yep destruction titled and I saw it the day after, just water up to the seat bottoms. Oh well another Fix mustang gone.

    Like 8
    • Avatar Cadmanls Member

      Fox mustang gone. Phone is kicking my a$$.

      Like 4
      • Avatar angliagt Member

        ?????

        Like 0
  3. Avatar ace10

    The Nanking tires would give me pause. The flipper should have left whatever was on there previously and not drawn attention to it.

    Like 1
  4. Avatar Troy

    I like it I know the prices of them are climbing but I still think the $25 almost $26k for the buy it now is a bit rich for it. If I got it I would use it as my nice weather daily driver and yes I know the more miles you add you risk lowering the value but when driving you get to enjoy it rather then just look at it

    Like 2
  5. Avatar MisterBlue

    Horrible brakes. Almost killed me several times. A nightmare in the wet. Drive it slowly, when it’s dry. Watch for spiders hiding in the ragtop, dropping down on you when you’re driving top-up. Also, cops LOVE to pull these over, thinking some kid is driving. I’d rather drive an ’85 Volvo.

    Like 0
  6. Avatar Eric

    Great looking low mileage fox body. Good color combination. These areo cars are gaining traction in the market. Seeing how popular these cars were a “survivor” like this should pull this money. The days of getting a decent fox body for 5k are long over . You are looking at people asking $3500 for rollers with rotted strut tower and frame rails. Let alone the rot repair it will no means be a clean car. It will be beat and disgusting. Long story short 25k is good. The thousands would will pay to restore one will be way more.

    Like 1
  7. Avatar Edwin lendabarker

    Bought same car brand new only white with red interior. Had to disassemble and repaint entire car including all the jambs due to horrible factory paint job and rust appearing in every jamb. Was so disappointed with car I traded it in on a 1992 Corvette. Will never buy a Ford again

    Like 0
  8. Avatar Big C

    I had an ’86 GT. The only car I ever leased. Gave it back, and in the early 2000’s went looking for another one. They were either blown up, wrecked, or 100k drivers. I guess these owners were still hiding these away. Beautiful car.

    Like 2
  9. Avatar Gabe

    “only slightly uglier now than when it was new!”

    I almost went with “only slightly slower…”

    Hard choice, but I’m happy with it.

    Like 0

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