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Old 08-23-2008   #1 (permalink)
jbc
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Default Best Mustang for budget?

Hey all, im from Alberta, calgary to be more specific, I am 14 currently, but for when I get my license, what would be the best performing mustang to get for $5,000 (if any). Keep in mind that this would be my first car.

Thanks, Jason
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Old 08-23-2008   #2 (permalink)
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I am 16 and recently got my 1992 Mustang LX convertible in PERFECT condition (it never left its garage other than for short trips) for $7,000. It managed to have 90,000 miles on it, but runs seamlessly. All I have had to do to it so far is fill the power steering fluid.

I would think, knowing this, that you could find a late-80s or early-90s mustang in your price range. Keep in mind, the interior might not be as well kept as you would like, but its a car! I was told to look at V8s because they last longer. Since you will be buying a car that has had a good 60,000+ miles on it, that is probably what you should do to. Hope this was of some assistance. Good luck, and you wont be disappointed!!!
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Old 08-23-2008   #3 (permalink)
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Thank you for your help, but you actually think $5,000 will be enough for a v8? Anyways I'll see when the time comes I hope its enough though.
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Old 08-23-2008   #4 (permalink)
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You can definitely find one. It really depends on what you're looking for. I'm betting you will have to choose between a v8 in rough interior and/or exterior condition or a v6/4 cylinder in good condition. Personally, I love my v8!
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Old 08-23-2008   #5 (permalink)
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v8s do not necessarily last longer but they are what makes a mustang a mustang. look on www.motors.ebay.com and look at what 5.0 mustangs you can get for $5,000. thats where i got my 1989 Mustang GT Hatchback. i paid $4,500 for my car. and all of the mods that i have done came with the car. do some research and talk to some veterans on this website for more information.
Good luck man
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Old 08-23-2008   #6 (permalink)
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Yeah, I personally, would wayy rather a v8 and just do my best to fix what looks bad.
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Old 08-23-2008   #7 (permalink)
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Quote:
Originally Posted by cogdillb View Post
v8s do not necessarily last longer but they are what makes a mustang a mustang.
True, thats what makes me want one more than just a four or six cylinder mustang.
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Old 08-23-2008   #8 (permalink)
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also www.craigslist.com or www.autotrader.com for more cars. once again good luck
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Old 08-23-2008   #9 (permalink)
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I check those everyday to see what i can find, thanks though.
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Old 10-31-2008   #10 (permalink)
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late 80's early mustangs seem to be easy to find for a good price, buddy of mine got one for $3500 and it was in good shape
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Old 10-31-2008   #11 (permalink)
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My neighbour recently sold his 1990 V8 in great shape for a little over $4000.
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