Describing any unrestored classic with over thirty years of active service as being in mint condition is bold, but it is the one made by the current owner of this 1992 Ford Mustang LX. However, scrutinizing the supplied photos supports their claim because there is little worth criticizing. Of course, the fact that it has only accumulated 39,000 miles on its odometer helps its cause, and the only thing it needs is a new home. The Mustang is listed here on eBay in Millsboro, Delaware. Bidding sits below the reserve at $35,100, but the action suggests that plenty of people like what they see with this classic.
Ford introduced the Fox-Body Mustang as its replacement for the much-maligned Mustang II, envisaging a five to seven-year model life. However, it proved a hit with buyers, and although it suffered a sales slump in the early 1980s, it remained available until 1993. This LX rolled off the line in 1992, with its original owner ordering it in Bimini Blue. Faulting its presentation is almost impossible. The paint retains a deep and rich shine, and close-up shots of the damage-prone front bumper reveal no evidence of significant chips or marks. The panels are laser-straight, with the exterior and underside shots confirming this classic is rust-free. The lights and plastic are flawless, as is the glass. The Mustang rolls on its original 16″ alloy wheels that are in as-new condition.
There has long been debate about when The Malaise Era ended, but this Mustang confirms that Ford had rediscovered its performance mojo by 1992. The fuel-injected 5.0-liter “HO” V8 sends 225hp and 300 ft/lbs of torque to the Traction-Lok rear end via a five-speed manual transmission. The ¼-mile ET of 14.7 seconds is worth noting because it is identical to that produced by a 1966 GT Fastback with the legendary K-Code under the hood. The extra transmission ratio gives this car a slight advantage because Ford quoted a top speed of 137mph, which is slightly higher than the 130mph achieved by the ’66 model. The seller states that this is a true survivor that has never been raced or abused. It has been appropriately maintained and has a genuine 39,000 miles on its odometer. It runs and drives perfectly, with the seller including the original Window Sticker, Owner’s Manual, and other desirable documentation.
Those questioning the validity of the mileage claim may find this Mustang’s Titanium cloth and vinyl interior reassuring. There is no visible wear on prone areas like the outer seat bolsters, and the carpet is excellent. The dash has been protected from the worst UV rays can inflict upon plastic, and the door pockets have avoided the typical sagging problem that develops with age. It isn’t merely about good looks because this interior features a list of desirable creature comforts and no aftermarket additions. The winning bidder receives air conditioning, power windows, power locks, power front seat lumbar adjustment, power mirrors, a rear defroster, cruise control, a leather-wrapped tilt wheel, and a premium AM/FM stereo radio/cassette player with a graphic equalizer.
The overall condition of this 1992 Mustang LX makes it easy to understand why it has attracted twenty-seven bids. It is an unmolested survivor and is one of the nicest I have seen in the classic market for a long time. Values have climbed significantly during the past year, with the trend showing no signs of slowing. I won’t be surprised if it hits $40,000 before the hammer falls, but would you be interested in this LX that price?
If you are a fan of Fox Body Mustangs, this one is hard to beat. The preferred LX coupe. Unmodified. Manual transmission. Great colors. Excellent condition. Fun to drive, with its sort-of-unrefined Fox Body character, and sounds great too. Low miles, but not so low you wouldn’t drive it.
It’s expensive, but given the above, I understand why. Don’t those of us who like these wish we bought one a few years ago when they were half this price? I don’t think they have reached the top of their price curve.
Last sold at auction for $44k in 2022
When new, these were the most affordable performance cars. Now collectors have driven the prices out of reach for most people.
A coworker of mine in Daytona back in the late 90’s had one of these identical, except it was the light green color. The difference was that one had the police performance upgrades and was used as an unmarked patrol vehicle before he took possession. The interior was very basic and there was a large air scoop protruding from under the right side front bumper, which I thought looked very cool. Like this one, it was flawless but he didn’t mind releasing all the ponies when given the opportunity! He traded it to a new black Tbird with ground effects….uggg.
The air scoop was probably an aftermarket cold air intake. The company name escapes me at the moment but they were a popular item.
March performance sells a cold air induction kit which fits that description. I worked at a parts store through the mid-2000’s, we sold a lot of those.
Steve R
Performance was back by 88. These coupled with the Grand National was a new beginning. This body was the gearhead’s dream and most have long left the beltway for the big parking lot in the sky. A beautiful example here. For me it was the LX 5.0 convertible which I purchased a very nice 89 in 2000 for pennies. Love them or hate them. These fox fellows garner the same love and following of their predecessors.
I’ve had mine at 137 mph. NOT an experience I’ll ever repeat.
I bought one of these in ’93 with just 22k on the clock. It was a 5.0 auto purchased from an estate sale. The original owner was a retired teacher who’d passed and as good as that all sounded I came to learn , much to my chagrin, that she apparently became incontinent during ownership. On a hot day or if the car had sat for any length of time I was greeted by a pungent sour waft when I sat down. I shampooed that fabric several times before I eventually had to part ways with the car. Such is life. Buyer beware as the saying goes.
Otherwise a great running car!
Just noticed this one has 3.08 gears. It wouldn’t take too much to get this car into the high 13’s. 1/4 tank of 93 premium, 16 deg init timing, synthetic oil, a K&N filter, a little ice on the intake. Want to really start making a dent? Disconnect the sway bar, add slicks, use a 70 1/2 in drive belt to bypass the A/C and power steering.
At least that’s the kind of stuff we did in the old days.
Maybe just replacing the seat would have been a solution? Especially at the time, stock replacements would have been everywhere, cheap.
Good point Other Chris… Hindsight is 20/20
Next time try a thin layer on the seats & upholstery,roll up windows
& let sit on a couple of hot days.
Isn’t that how the smell got there?
Thin sheitts all over upholstery and add some sun…
Musk!!
The advertised car is nice. 137 mph? Yes, you bet. 1993, Idaho, 135 mph or so in a 1987 LX 5.0 5spd retired State Highway Patrol Interceptor (calibrated speedo) and stock P225/60VR15 Gator Backs. Smooth, quiet ride, noticed the rpms were no concern. Drove many highway miles at 110 mph. Easy driver, unmodified.
Car did not talk back and was a much different experience than the muscle cars I had previously in my youth. It may have had a little more than in it but I was not willing to wait for the last bit of acceleration to run out.
Return trip, same car from Wichita to Seattle a few months later in 27 hours straight through, average ~ 70 mph including all stops, don’t recommend it.
Tires maybe? I run Continental Extreme Contact tires on mine and almost afraid to take it to the limit. But I have a 91 convertible LX 5.0 and would hate to roll it. 😆