Few manufacturers throughout automotive history have resisted the urge to produce Special Edition vehicles. Many hit the mark perfectly, but some fall below a company’s sales expectations. The 1990 Ford Mustang LX Convertible Limited Edition, commonly called the “7-Up Edition,” had one of the strangest development histories. Originally intended as a competition prize, Ford elected to push the button on full-blown production when the competition faltered before it commenced. This car is an original and unmolested survivor with 38,600 miles on the clock. It comes with a known ownership history and is a turnkey classic. The Mustang is listed here on Craigslist in Wadsworth, Ohio. The seller set their price at $20,000, and I must say a big thank you to Barn Finder PRA4SNW for spotting this pretty pony.

Ford was involved with drink manufacturer 7-Up and the NCAA in 1990 as they formulated a basketball competition. The plan involved one lucky spectator at thirty designated games attempting to sink a basket from the center court. If they missed, they were no worse off. Success would see them drive home behind the wheel of a shiny new Mustang LX Convertible. However, these were no ordinary Mustangs. Each would be finished in a unique shade called Emerald Green Metallic as a nod to the corporate color of co-sponsor 7-Up. All would feature a White power top and Oxford White leather interior trim. Ford committed heavily to the program, which eventually stumbled before it started. It wished to recoup the development costs of the new model, planning to produce 5,000 cars as a Limited Edition. Unfortunately, it proved more limited than planned, with only 4,103 buyers handing over their cash. This example has a known ownership history, with the seller as its third custodian. It is an original and unmolested classic, and as a result, its paint has a few marks and chips that are an integral part of regular use. It still presents well, although the buyer will probably prioritize replacing the aging power top due to significant deterioration. The panels are straight, and the original owner’s decision to have the car undercoated when new means it is rust-free. The glass and plastic are in good order, with the alloy wheels showing no evidence of stains or physical damage.

Ford offered the “7-Up” with a 5.0-liter “HO” V8 and the choice of a five-speed T5 manual or four-speed AOD automatic transmission. The self-shifter was the popular choice, with 2,743 selecting the AOD and 1,360 choosing the T5. This car’s original buyer was in the majority, and with its V8 producing 225hp, it provided an effortless driving experience. Some people have claimed that Ford quoted different power figures for these engines, depending on the transmission. I have heard figures of 205hp with the AOD, but I cannot confirm that. It will be fascinating to gain your perspective and whether you have had better luck than me. This Mustang is in excellent mechanical health, with a claimed genuine 38,600 miles on the clock. No mention is made of verifying evidence, but the new owner receives documentation that includes the original Window Sticker. Potential buyers seeking a turnkey classic may find this one irresistible because they could fly in and drive it home.

Ordering a 7-Up meant receiving a car with its interior trimmed in Oxford White leather. Air conditioning was standard, as were power windows, power locks, power lumbar support, power mirrors, cruise control, and a premium AM/FM radio/cassette player. It is common to see these cars with aftermarket stereos, but this one is as it left the factory. The overall presentation is tidy, but I won’t call it perfect. The leather, particularly on the front seats, is aged and cracking. It might respond to a high-quality conditioner, although I would be unwilling to bet the farm on it. However, before committing to replacement, I would exhaust every avenue because a pair of front covers leaves little change from $1,200. Some companies offer a package deal of front and rear covers for $1,900, and choosing that option would guarantee consistent color and presentation across all seats. The door pockets are suffering their typical sagging, but there are no other faults requiring attention.

This 1990 Mustang 7-Up Edition is a tidy vehicle but isn’t perfect. The new owner will probably want to address its upholstery shortcomings, and they will pay dearly for that. That raises the question of whether the price is justified. There is no simple answer to that because that figure is probably pushing the top end of its potential value. The new owner faces spending at least $1,200 on its interior, although the figure could be as high as $2,000. Throw in $500 for a replacement top, and I would usually consider that the end of the story. Other factors in play make the decision more complicated. Fox-Body Mustangs are desirable classics, and values are climbing faster than the market average. Addressing the upholstery and top issues would see the new owner overcapitalize on their investment in the short term. Still, recent history suggests the tables will turn in around two years. Therefore, the expense would seem justified if the buyer plans long-term ownership. Do you agree?