We see an awful lot of stalled project cars on these pages but this one stands out for a few different reasons. This is a 1989 Ford Mustang LX convertible equipped with the venerable 5.0L V8 engine and preferred 5-speed manual, but things get interesting when you learn it has a Paxton supercharger under the hood. Although it’s looking a bit sad sitting here in a parking lot littered with commercial vehicles, the seller claims this stalled project is laser-straight and that it ran when parked. Interestingly, the tires are brand new with manufacturer labels still attached. Find it here on eBay with bids to $1,125 and the reserve unmet.

There’s just so many things going on here. A very hair dresser-friendly spec, this black convertible with a white top and corresponding interior isn’t what you’d pick out for a street fighter build. The fact that the tires are still new with the stickers hanging off of them suggests this Mustang was in someone’s garage, waiting for the road, before the project stopped in its tracks. The only real flaw he notes on the outside is that the top below the back window is torn, so a new top will be needed. I’d go with a black top this time around, but that’s me; and honestly, the white convertible roof gives it total sleeper vibes.

The interior appears to be quite nice, with seats that definitely appear to have been redone at some point and door panels that sport a custom upholstery pattern. Given the seller has a Buy-It-Now of $11,500, I’m guessing this Mustang presents better in person than it does here because it seems to have some restoration work already done and the performance upgrades are obviously a meaningful upgrade. In addition, those new tires are wrapped around what appear to be OEM Cobra wheels. However, when you look at the hood, it’s clearly seen better days and could suggest this Mustang sat outside for a spell.

The Paxton supercharger is a surprise, and isn’t exactly something you throw on a casual project car. According to a few different websites, the kit bumps horsepower on the 5.0L V8 to a very respectable 328 b.h.p. and 358 lb.-ft. of torque. As it sits, this Mustang is a non-running project with some nice upgrades, good colors, and great factory equipment. The seller may be a bit ambitious with the asking price but I’m sure there’s a sale price between the Buy-It-Now and the current bid that will work for all parties and leaves plenty of upside for whoever gets it back on the road.