Low-Mile 5-Speed: 1990 Ford Mustang LX 5.0

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This 1990 Ford Mustang LX 5.0 offers the best of multiple worlds for potential buyers, as it features California ownership history, a terrific blend of options, and lots of recent servicing – not to mention the fact that it has the preferred 5-speed manual gearbox. The Mustang LX is a a favorite of many Fox body fans, as its more subdued appearance compared to the GT gives off a slightly sleepy vibe. The 36K-mile Mustang is now offered for sale here on eBay with an asking price of $32,900 and the option to submit a best offer.

The Fox body market has been in a good place in recent years, with prices only going upwards. While things have stabilized a bit in recent months (as they have for almost every other collector car and truck after a wild escalation in prices), this is still a great car to buy if you’re looking for a modern classic you can enjoy while knowing you won’t lose any money on it. The seller’s car is clad in desirable Oxford White paint and the polished multi-hole alloy wheels, which were standard on the LX, still shine brightly. The tinted windows are a California staple and have likely proved essential in keeping the interior in good shape.

Speaking of the interior, the factory bucket seats are in near-mint condition, and this where the benefits of a low-mileage car are most evident. The dash plastics retain a deep luster, the steering wheel isn’t falling apart, and the carpets are still reasonably clean. Given this Mustang remains almost entirely stock in terms of condition, it’s safe to say it was likely in the hands of a mature owner for most of its life. The seller notes it is equipped with air conditioning, cruise control, a cassette stereo, and power windows and door locks. A 25th anniversary badge is still affixed to the dash, which was standard practice for models that fell within a certain production range.

Mechanically, this Mustang remains in stock condition and left the factory with a limited-slip differential. The seller reports extensive recent servicing, including a new radiator, water pump, fan felt, and multiple air conditioning components.  The Mustang also benefits from a recent brake servicing and replacement KYB shocks all around. This is an ideal combination of options, low mileage, and a seller that has spent some money to bring this Mustang up to turnkey condition. While the asking price may seem high, I doubt it will feel that way within a few years’ time.

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Comments

  1. Greenhorn

    I can’t say this car is a deal, but it looks like it could have the advertised mileage. The only thing I wish was different was the color. White looks good on almost nothing.

    Like 10
    • BigDaddyBonz

      White with blue stripes looks great on a GT350. But it’s usually just a white blur to the other drivers.

      Like 4
      • Ed

        Or on a 69 TA.

        Like 1
    • Peter Pasqualini

      I’ve built quite a few Fox Mustangs. I certainly can appreciate this car, vits condition, cetc. But the asking price is stupid, plan and simple.

      Like 0
  2. Jeremy Gagnon

    I thought all 5.0 equipped Mustangs came standard with a limited slip differential,also known as the Traction -Lock or Trac-Lock, especially ’83 and up.Ive owned several and every one of them were posi rears, faithfully lighting both tires up unless the clutches were getting worn.Then they’d occasionally ‘one wheel peel’, usually while doing donuts to the right,but I’m just babbling now…🖐️

    Like 5
    • Stan StanMember

      Correct Jeremy. Trac-Lok was std equipment along w 2.73 gear ⚙️ 3.08 optional. This appears to be a loaded LX. All the comfort of the GT with less flash. Beauty Ford. 👌

      Like 7
      • gnatsuM

        True, this is a nicely optioned LX. I can attest that other than the seats, comfort options were not standard on the GT either. Seemingly rare, my ’88 GT had manual window cranks, manual locks, manual mirrors, manual trans, and no rear defroster but it did have A/C. People were shocked at the lack of options in that car.

        Like 4
  3. Materialman

    Beautiful car! The price he’s asking just warms my heart as I have an 86GT convertible I bought new in about the same condition. I hope he gets all the money, mine is not for sale.

    Like 0
  4. C Force

    The typical scenario here,a really overpriced Foxbody Mustang.You certainly aren’t paying for performance here at that price.This car needs to be dragged through a Summit Racing catalog to make it worth anywhere near $32k…And so you don’t get smoked at every stop light by 4cyl turbo compacts,an embarrasing scenario in any case…

    Like 6
    • Michael Tischler

      I wonder if my son got a deal at 50 k for a 13′ Shelby GT 500 conv.with 7 thousand miles.

      Like 2
  5. MrF

    I see no California history in the vehicle report (primarily Ohio). Looks great, though.

    Like 1
  6. swingin

    You just can’t go wrong with a Fox Mustang. Yeah, the asking may be steep, but everything has gone that way. We shouldn’t be shocked about it anymore. I dig it, but my garage is full.

    Like 4
    • Steve R

      It won’t be long until this cars asking price for a clean, low mileage manual transmission 1988-1993 Mustang LX is typical, or even below market. Coupes will likely get there first.

      These were the American performance car to have in the late-80’s, their price growth mirrors that of late-70’s Trans Am’s and Z28’s once they hit 30-35 years or age.

      Steve R

      Like 3
  7. Darkwing

    Love the fox body mustangs. White does make the car look a little overlooked. $32,000 for the car does appear somewhat over priced, when you see police (state trooper) fox body car come on the market for the same or less price. Would love to own the car, but as one person indicated getting smoked at a light by a 4cy would be a downer.
    I have owned a 91 Fox Body, Florida Highway Patrol LX – should never sold the car, but it was fast just sitting still. These cars are coming into their own, but at a more novice price point. I do wish the owner well in selling the car.

    Like 1
  8. TorinoSCJ69

    So, a 34 year old performance car that in 1990 had some room, good mpg, strong handling that was fast & cost abt $15,000 in this version… that is not as fast as some new cars ?
    Seriously, and 6.4 sec. to 60 stock was/is not fast ?

    Check the price of performance compacts lately? None as cheap as this LX.

    Not about fast/faster, it is about nostalgia as with any older car that would not hold to current standards of speed, handling, braking … obviously.

    It was the mustang innovations that got GM off its 10 second to 60 “muscle car” platforms rear end, to start making better more innovative cars.

    Nice older Fox body from a time when you could actually afford a car that did many things very well, and sought after 34 yrs later.

    Like 4
  9. Michael Tischler

    I wonder if my son got a deal at 50 k for a 13′ Shelby GT 500 conv.with 7 thousand miles.

    Like 0
  10. PRA4SNW PRA4SNWMember

    Ended with no takers.
    At that price, I’m not surprised, and kind of glad that these haven’t reached that level – yet.

    Like 4
  11. Sysphus

    I always liked the Fox platform Mustangs.
    I came close to buying a brand new ’92 5 liter notchback. I liked the aggressive looks of that car. But at the time, I worked at a Dodge dealership, and bought a ’92 5.2 V8 Dakota Sport 2wd short bed..instead, since I got the company discount. Best truck I ever owned. But still want a ’90-92 Mustang 5.0 Notchback someday.

    Like 1

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