One Owner: 1989 Ford Mustang LX – SOLD!

December 8, 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.

Is horsepower everything? Well, to some people, yes – yes, it is. This sentiment only grows stronger when the power in question is easy to be had and cheap to buy. The Fox body Ford Mustang is a terrific example of this phenomenon because there’s a wide variety of 5.0 liter V8 LXs and GTs available for sale at any given moment, usually for $15,000 or less, depending on condition. So why would you buy a four-cylinder example? Perhaps it’s in exceptional condition with a verified one-owner history like this 1989 Ford Mustang LX convertible. This example is a classic cruiser sporting a red-on-white color combination and an automatic transmission. The mileage is listed as 51,389, and we spotted this Mustang in November 2022 on Craigslist in Vero Beach, Florida, for $7,650. Comparing that price against the Classic.com model guide shows that the seller is asking below the going rate, which is pegged at $11,672 over the last few sales of similar models.

I swung by my local upholstery guy’s shop a few weeks ago. He mentioned while at his summer home in Maine, he picked up a very clean, four-cylinder Mustang convertible. I wasn’t all that excited by a Fox body droptop with the base model engine, but upon seeing it in person, my perspective shifted because of how clean the car was. The same could be said for the seller’s car, proving how low mileage can be the ultimate determinant of perceived value. Plus, let’s not forget that a convertible is almost always a better cruiser than a carver, so an automatic and four-cylinder combination isn’t the fun killer in a car like this that it may be in a true sports coupe like a 911 or M3. The Fox body Mustang is also a car that is almost as much about style as its performance, especially as a model firmly locked into the 1980s and 1990s car scene.

The Classic Car Channel YouTube Channel features this 1989 Ford Mustang commercial:

The seller reports that this minty Mustang belonged to his mother and is now being sold by the heirs to her estate. Like many older adults who have retired in Florida, the primary car is kept up in incredible condition and used sparingly. The Mustang has visited the local Ford dealer regularly, with the seller reporting that as a precaution, he brought it in for service and was told that it has a clean bill of health. According to the seller, the dealer actually wanted to buy it and place it in their showroom, and I’d believe that claim given how much foot traffic a time-warp specimen like this can generate. The seller indicates that the air conditioning is still ice cold and that the Mustang runs and drives well. Equipped with the rare and optional power top, this drop-top Mustang should be fairly easy to live with as a daily driver – but given the low mileage, we feel it’s better served as becoming a weekends-only garage queen. The asking price seems more than fair to me for a Fox body with low miles (regardless of engine configuration), and the outstanding cosmetic condition should put to rest any doubts that this four-cylinder LX was maintained as the seller claims.

Here’s the seller’s description:

“1989 Ford Mustang Convertible 1 owner LX package, AUTOMATIC, fully loaded, garage kept its whole life,that’s why the outside paint still shines like brand new , My mother serviced her Mustang religiously like clockwork at the dealer , where I just had it fully serviced and ready to go , also had it checked from top to bottom and no issues at all , her car needs nothing, even the ford dealer wanted to buy it , so they could put it on their showroom floor , they even documented that those are the original low miles . has also always been a Florida car its whole life with only 51,839 Low , Low miles in EXCELLENT CONDITION. Private sale by the heirs ….ESTATE SALE…….ESTATE SALE……. I HAVE THE ORIGINAL 1 OWNER FLORIDA TITLE IN HAND, already gone through probate and ready to be sold now. The car can be viewed at my mother ‘s home where it is still garage kept. her Mustang needs nothing, it is so nice it can be a museum piece. She has never been in any accidents with her Mustang, I have also a clean car fax which also documenting and further backs up the original 51,389 Low Low miles, which also can go with the original Florida title in hand as well.Her Mustang comes equipped with all original Ford Factory equipment for her Fox Body Mustang Convertible with the AUTOMATIC full power Convertible top ,which is a rare option, AUTOMATIC, ice cold air conditioning which you have to have for Florida. 2.3 liter EFI 4 cyl engine that I just had fully serviced at the Ford dealership where originally purchased her Mustang at brand new, and they said it checked out perfect from. Top to bottom in perfect condition and they even wanted to buy it from me so they could put it on their showroom floor at the Ford dealership because they said it was in perfect condition for a Florida vehicle with no rust anywhere on it what so ever and the Red and White color combinations was the best color combo that Ford has ever made for Fox Body Mustangs.they even said the full white leather interior was in MINT CONDITION with no ripes , or no tears or no stain anywhere , You can view her Mustang at her home located in the retirement community of Vero Beach, Florida, where you are welcome to call me for directions to so you can check it out for your own satisfaction. Asking 7,650 obo, , must be sold.“

Classic status achieved: has the original Z3 become enough of a household name to be considered a modern classic?