1990 Mustang LX 5.0L/5-Speed – $8,500 RNM
March 23, 2022 Update – Despite our best attempts, we could not find a buyer willing to meet the seller’s reserve price. Consequently, they decided to list their ride elsewhere. We thank the seller for the opportunity to offer their ride.
February 23, 2022 Update – The high bid did not meet the seller’s reserve price of $8,500, so we’ve moved this Ford Mustang LX to our “Rides Still Available” Page. Once registered and logged in, select the green “Buy Now” option to either agree to pay the “Buy Now” price or click the “Start Bidding” to enter a realistic counter-offer.
GuysWithRides.com is pleased to offer this driver-quality 1990 Ford Mustang LX 5.0L/5-Speed Hatchback in an online reserve-style auction on behalf of the private seller. Bidding opened Wednesday, February 2, 2022, and runs for 21 consecutive days ending at 7:00 PM ET on Wednesday, February 23rd, 2022.
Worth noting is we’ve placed this 1990 Mustang LX 5.0L in our “Reasonable Rides” category, indicating the seller agreed to a reserve price under $10,000.
This driver-quality Mustang LX 5.0 currently resides in Norfolk, Virginia.
(NOTE: Click on the picture to stop the slide show and expand the pictures. Scroll down to see all photographs)
First launched in 1979, Ford’s third-generation “Fox Body” Mustang has become one of the more popular choices for enthusiasts looking to create either a potent street machine or track day terror. The key to this popularity is the 5.0L 225 horsepower V8. When matched with the five-speed manual, this modern-day Mustang provides classic muscle car performance with lower emissions and better fuel economy.
The key to the Fox Body Mustang’s popularity real came to being in 1989 when Ford engineers replaced the car’s speed density computer system with a more modern mass airflow system. While this change slightly reduced factory horsepower that first year, it made Mustangs much easier to modify. With the mass air system, changes made to the intake, engine, and exhaust system would be recognized and compensated for by the ECU, resulting in a correct air/fuel ratio and optimum power. Ford’s only gesture at a 25th Anniversary Mustang was a small, passenger-side dashboard emblem with a galloping-horse logo affixed to all models built between 27 March 1989, and the end of model-year 1990.
For 1990, Mustang added a new steering wheel featuring an airbag, and a revised lower driver’s-side dash panel with knee bolster. The available tilt-steering wheel was discontinued in favor of the revised airbag-equipped steering column. Revamped interior quarter panels for the 1990 model year did away with the side armrests for rear-seat passengers but gained large speaker panels. Door map pockets and clear coat paint also became standard for the 1990 Mustang, along with the availability of optional leather interior trim.
The popularity of 5.0L equipped Mustangs over the past twenty years for these cars makes it very difficult to find unmodified examples today. Additionally, while the heavily body-clad GT models from the late 1980s and early 1990s look dated today, the clean lines of the LX-trimmed cars have aged much better. Finding an unmodified LX equipped with the 5.0L V8 and 5-Speed manual is getting harder to do each year.
Roy, the third owner of the 1990 Ford Mustang LX Hatchback featured in this auction, found the car for sale during his travels through Texas. He purchased the car in Texas and transported it back to his home in Norfolk, Virginia with the intent of giving it to his grandson as a first car. However, upon driving the car a bit more Roy quickly realized this Mustang was simply too powerful for a newly-minted 16-year-old driver.
Consequently, Roy decided to offer the car here on GuysWithRides.com at auction. This Mustang LX is a car we consider to have “good bones”. While it has 157K original miles and could use a new paint job, a look at the like-new underside of the car proves this car spent all of its life away from any salt-covered roads. We see the next caretaker of this 1990 Ford Mustang taking one of two paths with it: they can either restore it to like-new condition or they can use it to form the basis for a street machine project.
The complimentary CarFax® confirms this Mustang’s mileage and the fact this car has not had any accidents. Reviewing the CarFax in detail reveals the original owner kept the car in California until 2008 when it had 148K miles. Between 2009 and 2009, the car moved to Texas where it remained until October of 2021, during which the car accrued only 11K more miles. As the pictures show, the seller never registered the car when he brought it back to Virginia in the fall of 2021. We confirmed he has title to the vehicle and will sign it over to the buyer of this Mustang.
To review the complete Carfax report for this car, please click on the picture below. When finished, please click your browser’s “Back” button to return to this listing page:
In addition to the CarFax, GuysWithRides contracted with LemonSquad.com to complete an unbiased, third-party inspection of this Mustang. To review the complete Lemon Squad report for this car, please click on the picture below. When finished, please click your browser’s “Back” button to return to this listing page:
To help you make informed bids, we’re providing a link to Classic.com, the analytics and search engine for the Classic Car market, that provides an interactive graph of recent comparable sales in the past several years. By clicking on the green dots, you can navigate to each comparable car sold as a way to help you make an educated bid on the car we are featuring for auction here:
If you have any questions about this 1990 Ford Mustang LX 5.0L/5-Speed Hatchback, please leave a comment below or feel free to call Rudy directly at 877-468-6497. Thank you for looking and happy bidding!