New Parts Galore: 1990 Mustang LX 5.0 Convertible – SOLD!

August 11, 2022, Update – We confirmed the seller of this “Classifind” deleted their listing, so we’re now able to call this one “SOLD!” While this one got away, please reach out either by email or call us directly if you’d like to be informed when we come across something similar.

While a clean Fox body Ford Mustang has been a bit of a gold standard in the collector car marketplace for eons, there’s no denying that a good one will still stop you in its tracks. So many Mustangs of this era were poorly customized or overly modified that finding a clean driver is harder than you may think. This 1990 Mustang LX convertible features loads of new parts and hard maintenance was done along with just over 106,000 miles originally listed in July 2022 on Craigslist in Flemington, New Jersey, for $6,800. Comparing that price against the Classic.com model guide shows us that the seller is asking very little relative to the average sale price, which is currently pegged at just over $18,000:

I will admit to becoming a bigger fan of the Fox body as of late after purchasing my first hot rod (kind of) in years. I snagged a 1998 Dodge Dakota R/T pickup, and it is my first foray into anything with a V8 that wasn’t a needlessly complicated European model. Yes, it’s crude and has a lot of rough edges, but speed is cheap, and so is the huge aftermarket for this rig. The Fox body world is even more loaded with go-fast parts and ways to make these domestic street beasts handle in a way that keeps up with their Euro-spec counterparts. While I wouldn’t buy a convertible, I would absolutely go for a notchback Mustang LX in Tropic Yellow with a 5-speed – as I’m sure, many of you would, too. No matter which flavor you choose, a later production Fox body with the flush-fitting headlights and a 5.0 under the hood is a good bet for a car you can enjoy without losing any money.

The Automotive Republic YouTube Channel features actress Lindsay Wagner pitching a 1990 Ford Mustang for Southern California Ford dealers:

The seller’s Mustang has some cosmetic faults, but he’s also poured a boat-load of time and money into maintaining it. Some highlights include new brakes, a new heater core, a new fuel pump and tank, overhauled automatic transmission, and refreshed front and rear suspension. It makes me wonder if this ‘Stang was sitting somewhere for a while, given you don’t typically drop the tank on a car that’s been run regularly. Oh, and there’s also a new exhaust system and new tires mounted on the classic Pony wheels, and as one more bonus, the soft top mechanisms still work, but the seller does admit the top itself will need to be replaced (my number one reason why I don’t love convertibles). The paint is undoubtedly tired, but you can live with it for a while as you get acquainted with the car; fortunately, it looks absolutely beautiful underneath with no signs of rot. The asking price seems more than fair for what the seller has invested, and knowing most of these jobs won’t have to be done again in your tenure with the car, it seems like an absolute bargain.

Here’s the seller’s description:

“Selling my 1990 Mustang Mustang LX 5.0 Convertible Automatic. All new brake system front and rear. New heater core. New fuel pump and tank. New automatic transmission overhauled 300 miles ago. New suspension front and rear. NO leaks anywhere. All new power window motors and locks. Runs perfect. Will need paint and new top. Have new trunk lid that goes with sale. Top works with all new hydraulic components. New BFGoodrich tires with pony wheels. New exhaust system front to rear with flow master mufflers and tailpipes. The floor and strut towers all rust free. Email or text preferred with questions 908-625-six 4 two 0.“

Hard work done: does this Mustang LX seem like an absolute steal, considering how much maintenance has been performed?