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This 1989 Fox Body Ford Mustang Might Be the Hidden Treasure You Were Looking For

1989 Ford Mustang 14 photos
Photo: Garage Kept Motors
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A couple of tens of thousands of dollars could get you one sweet ride in today's used car market, and it is also the asking price of this 1989 Ford Mustang.
Looking for a new and caring owner, this classic muscle car is advertised for sale, and there is a good reason behind its shiny look. No, it hasn't been fully restored but barely driven over the last three and a half decades.

As you can see from the images shared above, it has a red paint finish with a few black accents on the outside and rides on five-spoke wheels. Described as being “classic and sophisticated” and featuring the original air conditioning system, the interior is reminiscent of the era as it is mostly gray, with the cloth upholstery being visible on the front seats and cramped back seat.

It is an all-original example, so everything that you see was fitted during assembly at the factory back in the day. The third-generation Ford Mustang used to be made at several facilities, including Michigan, California, and New Jersey, as well as Mexico and Venezuela. The Fox Body pony car came in three body styles: a two-door coupe, a two-door convertible, and a three-door hatchback, and the pictured copy is the more practical one.

1989 Ford Mustang
Photo: Garage Kept Motors
The engine family comprised four and six-cylinder units and a pair of V8s, and this one features the 5.0L mill with eight cylinders paired with an automatic transmission that delivers the thrust to the rear wheels. The platform was shared with multiple Fords from back then, including the Granada, Durango, Fairmont, and Thunderbird, and the Mercury Capri, Cougar, Marquis, Zephyr, and Lincoln Continental.

We've told you several things about it but what we haven't told you yet is how much it costs. This 1989 Ford Mustang is advertised on Garage Kept Motors with a little over 40,000 miles (~64,500 km) on the clock, and you are looking at $24,900 to make it yours. You cannot get anywhere near the new 2024 Ford Mustang for that kind of money, as the latest generation muscle car starts at almost $31,000 before destination and dealer fees and tops at over $63,480, which is the MSRP of the Dark Horse Premium, with its 500-horsepower 5.0-liter V8.

Ford will eventually expand the modern-day Mustang lineup with models such as the GTD and its targeted 800 horsepower, which will cost an arm and a leg. The new Mustang Shelby GT500 is also said to be in the works, and if the latest reports are correct, then it might launch sometime in 2025. Now, if you had around $25k to spend on a classic muscle car, would you pick this one or choose something else?
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About the author: Cristian Gnaticov
Cristian Gnaticov profile photo

After a series of unfortunate events put an end to Cristian's dream of entering a custom built & tuned old-school Dacia into a rally competition, he moved on to drive press cars and write for a living. He's worked for several automotive online journals and now he's back at autoevolution after his first tour in the mid-2000s.
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