5.0 for $5K: 1984 Ford Mustang LX 5.0

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These days, deals are hard to come by in the collector and enthusiast vehicle market. It’s not necessarily that vehicles are worth significantly more, but rather that seller have a grossly over-inflated perception of what their car is worth. Some of this is due to the price of a normal used car climbing significantly higher, and the rest of the price gouging stems from seeing one car sell at that number and believing it sets the stage for every other example from that point forward. The seller of this 1984 Ford Mustang LX 5.0 listed here on craigslist is a breath of fresh air with his running, driving muscle car priced at just $5,500.

This “four-eyed” Mustang is a driver through-and-through, but it’s equipped just the way most Fox body enthusiasts would want it: 5.0L V8 under the hood, manual gearbox inside, five-spoke GT wheels, and potentially a rust-free car that the seller claims has never seen salt. It has some rough edges but is by-and-large a good looking car with minimal immediate needs outside of a windshield, new tires, and a passenger-side headlight bezel.

I like the paint scheme, but it’s hard to say whether this is an original color. The seller notes there are blemishes up close, but that’s not a big deal at this price point. The Mustang is equipped with a few subtle modifications, including an Edelbrock carburetor, shorty headers, H-pipe with no cats, and subframe connectors. That’s a tidy list of upgrades that should make this Mustang even more engaging to drive, but I’d also factor in a set of Konis, thicker sway bars, and the aforementioned tire replacement.

Image courtesy of Autoweek

The four-eyed Mustang is an ideal choice for a car that will be easy to improve and maintain while also being a bit unique among the legions of Fox bodies still roaming the Earth. The basic recipe for a Mustang from the 1980s stayed largely consistent, and while a driver-grade example likely won’t appreciate much in the coming years, you’ll certainly appreciate it as a usable classic that didn’t cost a ton of money to buy. This looks like a potential bargain for the next owner, and absolutely a terrific project to improve while you drive this summer.

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Comments

  1. Bob_in_TN Bob_in_TNMember

    Doesn’t look that bad. The four-eye Fox Body Mustangs aren’t as sought after as the aero-nose models, but for this price there is lots to like. Do some upgrades, or go the full-mod route, both would result in a desirable, fun outcome. Lots of interest and support for the Fox Body.

    Like 10
    • The Other Chris

      I thought it was the opposite… everyone talks about wanting a 4-eye, plus of course the notches are in more demand than the ones like this. Personally, I like the newer (aero) style better. I had a ’91 for awhile, really wish I hadn’t sold it.

      Like 3
  2. Steve3n

    Nice write up and priced to sell. You may wish to correct the written price where you quote $5,500.

    Like 1
    • Philip L.

      Though this may be an 84 thats a 79-82 grille. But $5500. Is a very reasonable price. But if it is an 84 i hope it has the appropriate mods made from 82 and on.

      Like 1
  3. Goz

    Great deal for these days on a nice car, i’d shoot for it if it wasn’t half way across the country. I had an 82 GLX and GT, they were both fine cars. I wore out the GLX and had a head on in the GT. Miss’em both!

    Like 2
  4. Motorcityman

    84…..first year for Dual exhaust on the Fox body.

    Like 2
    • steve

      Negative. 1984 still single. 1985 got dual pipes out of a single converter. 1986 and up received true dual exhaust.

      Like 10
    • Michael Berkemeier

      Wrong. 1986 was the first year for the true, dual exhaust. It was also the first year for port fuel injection and the 8.8″ rear differential which was bulletproof. Prior years all got the whimpy 7.5″ rear-end.

      Like 3
      • William Mack

        You are right because I purchased a 1985 Mustang GT with dual exhaust because it was specially ordered then the person did not want the vehicle when it arrive to sheehy ford so i lucked out buy purchasing it brand new with dual exhaust and it was never driven only test drive by the dealershipfrom the factory. And that was the last year with a straight carburetor engine.

        Like 1
  5. Maggy

    Gotta see it in person to make final judgement but looks like a deal to me from what I see especially if she’s solid.Solid Fox bodies ain’t cheap anymore.glwts

    Like 4
  6. Stan StanMember

    To me the 86 year seemed really neat. Saw a beauty rare navy blue LX sedan once. Looked fantastic.

    Like 3
  7. Acton Thomas

    I’ve owned 2 of these fine cars, an ’83 and ’85, both convertibles with 5.0 and 5 speed. Very inexpensive fun, easy to work on, parts are reasonably priced and plentiful. The car in this ad looks like a steal at $5k, I hope that little ‘Stang finds a good home.

    Like 2
  8. DGMinGA

    The grill does not look right, if the ad pic provided is an ’84. The grill in the ad appears narrower at bottom than at the top, and has the blue oval in it. From my vague recollection (I am not a Ford guy, but several friends owned Fox Body ‘Stangs in the 80s), the narrower grill started in ’83. The grill on the car for sale looks like the 79-82 grill, from my vague memory. Perhaps this car has had some front end damage before.

    Like 6
    • Michael Berkemeier

      Correct. Someone replaced the header panel.

      Like 2
    • Steve

      It has a 79-82 Nose on it, and a modified 83-86 hood to fit said cover. There is a lot going on here and would require an inspection.

      Like 2
  9. chrlsful

    right? wrong? who cares, gimmie da GT. 4 eyes gettin noticed, age cohort in there now for price boosts. Been rest0modin for several yrs now outta TX, etc. Sell Chicago, newer england… nice price tho~

    Like 2
  10. Paul

    84 motor are weak no roller cam yet.a real one are 86 and up. 84 would dust a camaro .86 and up started the 2nd muscle car revolution that still going strong

    Like 1
  11. Thomas Jordan

    I have a 91 LX hatchback with a stock 5.0, auto with shift kit and 4:10 gears. Raced it once at NED and it went 15.9. Not a bad car but the stock 302 were dogs. Mine now has the typical shock tower and front framerail rot. How about this one?

    Like 0

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