I'd like an opinion

[swipter]

SOund like a dreamer to me. 5K is nothing when it comes to a muscle car. It is difficult to even get a highpower engine for that. The 5.0 stangs may not be what you are looking for but they were, in their day, hell fast. The mods for them are easily accessible and won't break the bank like some of the more modern mods on the rice burners youth of your generation are in to now.

[ApexGT]

There is a 1987 Ford Mustang LX 5.0 for sale in my area for $5,000. Do you think I should try to go for this, or pass it up?:

1987 Mustang LX, 5.0L V8 302. Completely restored from the ground up. New equipment includes: Starter, distributor, alternator, battery, wiper motor, Edelbrock Carburetor and Intake, BBK Chrome Headers, Flowmaster mufflers, Carter electric fuel pump, double roller timing chain, polished aluminum vavle covers. Interior and accessories includes new carpet and headliner, weatherstipping, Corbeau racing harnesses, Grant steering wheel, Kenwood CD player, Pioneer 6x9 speakers, clear marker headlights. Other equipment includes 15 inch Eagle Alloy wheels, rear air shocks, sunroof, Chrome exhaust tips, Ram Air hood, and a brand new paint job. 133,000 original miles, but the car has been completely rebuilt. $5000

[Autofreefindersguy]

It sounds nice, but you just can't list what is posted and ask if its a good deal.

You need to see first hand how the car is...

So many of these cars were hot rodded by the owners and many were in crashes...

Check it out VERY well and then let us know what you have found out.

Good luck/skill.

[ApexGT]

http://www.autotrader.com/fyc/vdp.js...ang=&cardist=6

That is the site for the car, where a few pictures can be found. It looks nice from the pictures, but I will surely have to ask more about it. Also, 133,000 miles is pretty good for an '87 model...but bad period. Do you think that I should still be able to get a lot out of the car with so many miles? Is it worth downgrading myself from my current car (which has 124,000 miles) in this respect? I think the car is perfect for me, but the only thing holding me back is the odometer reading.

[4speedsupreme]

I would have to see that car to say. Was it a 4 cyl. originally? There is alot unknown about that car, such how is it put together and wired, ect. I am suprised you can't find anything. I don't know how close you are to Pittsburgh, PA. but here are a few examples from the Autotrader I got today.
83 convertible 5.0 5 spd 65K trophy winner $5900
95 GT 2 of them $6500 each
94 GT convertible $5995
These are all just asking prices. I would imagine they would all come down some. If you want to look them up on the Autotraders website the area codes around here are 412 and 724

[ApexGT]

Thanks. I think I'll hold out for something else. 133,000 miles is just too much for me...even though the rest of the car seems like exactly what I want.

[65Shelby427]

Originally Posted by ApexGT

Are there any performance differences between an LX 5.0 and a GT? I'm basically trying to find the best possible Mustang (assuming that a Mustang is the best car I can expect to find) for under $5,000. How does a 1992 Mustang LX 5.0 stand up against a 1995 Mustang GT, for example? I'm still torn between generations.

pretty much nothing, to be perfectly honest. also, i think they just wanted to ditch the LX with the GT (grand Touring) which sounded cooler. as long as they both have 5.0s in them, theyd run pretty much the same. NOTE: the 95 would be heavier, thus compromising. your best bed is a 90-92 LX 5.0, bud. good luck.

[Indycarlover]

Don't be afraid of the miles...

That 5.0 powertrain was built well.

However, being so old, the main key (to me) was how was it taken care of?

Things like that can only be checked out in person...To know for sure...