Is This A Good Deal?

Discussion in 'Fox 5.0 Mustang Tech' started by tjmaxx, May 12, 2014.


  1. tjmaxx

    tjmaxx Member

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    Seems like fox body values have hit their high and may be coming down now unless they are mint or Clair to it? Anyway I have been looking for a project 5.0 to slowly build into a track/weekend cruise car. It is going to be a slow build as I have too many hobbies but miss having a mustang. I found a 1988 mustang lx hatchback 5.0 5spd for $1000. Hoping to get it for closer to $800 as I'd spend at least $250 going to get it. It's needs a few odds and ends, trans grinds, hatch lid is rusty, floors need some patch work and sounds like it might have some electrical issues, needs a paint job. Mods are exhaust and intake. Seems like a decent deal to me? Now I need to talk the wife into it! I figured I'd probably part the hood, 10 holes and tires, full aftermarket exhaust out since I'd be going a different route with the car. What could I expect to get out of those parts assuming good condition? Thanks for the help!
     
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  2. jAEded

    jAEded Active Member

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    Damn, where do you guys live?

    I payed $3.5K for a salvage LX 112K mi. with a giant hole in the front bumper. Interior was perfect, good ac, basically single owner, and had every maintenance and upgrade receipt.
     
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  3. tjmaxx

    tjmaxx Member

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    This one is by no means perfect but with some work seems like the right deal.
     
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  4. Killa

    Killa Active Member

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    if the body straight, then its hella good day, 87+ model fox is selling fast like .... idk lol, but get it, post some pix
     
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  5. mikestang63

    mikestang63 Mustang Master

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    check the torque boxes and other areas for rust, cracks, and damage. Also, inspect the wiring. Those two areas can run into major money pit .
     
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  6. Gearbanger 101

    Gearbanger 101 Straight Outta Locash Super Mod

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    If it were me, I'd pass....but that's mainly because I hate dealing with rust. If it's got holes in the floor, you can bet it's also weak in other area's too.

    I bought my Coupe in similar condition and it took me weeks to rebuild a lot of those area's. I lucked out and was able to remove the afflicted area's in sections and weld in proper patches and the car is solid now, but I can't say I'd want to go through it again. I'd rather just wait for a rust free car to come along.
     
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  7. Killa

    Killa Active Member

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    buy car from the southern area, where no snow or salty road. But for this age of these car, there alway a small rust some where. But small chance
     
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  8. tjmaxx

    tjmaxx Member

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    Yea actually surprisingly for my area this one is fairly good on the rust side considering its a 26 year old car. Floors only have surface rust and the wheel wells and doors look pretty good. Hatch is rusty but that's to be expected.
     
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  9. Killa

    Killa Active Member

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  10. Mustang5L5

    Mustang5L5 Car used in adult film "Highway Gangbang-InDaButt" SN Certified Technician Founding Member

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    Hard to say if it's a good deal without seeing the car really.
     
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  11. tjmaxx

    tjmaxx Member

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    I can't talk the wife into it anyway :bs:
     
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  12. tjmaxx

    tjmaxx Member

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  13. Mustang5L5

    Mustang5L5 Car used in adult film "Highway Gangbang-InDaButt" SN Certified Technician Founding Member

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    Man, thats a lot of work....but it' priced right.


    I've seen cars like that for $3K
     
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  14. tjmaxx

    tjmaxx Member

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    Hopefully someone from here can pick it up and bring it back to life!
     
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  15. Mustang5L5

    Mustang5L5 Car used in adult film "Highway Gangbang-InDaButt" SN Certified Technician Founding Member

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    I would part it out. The rusty floorpans worry me. I'm convinced if i check the strut towers, i'll find rot there as well. There is also bubbling in the lower rockers and on the 1/4 panel that concern me. I bet there's a lot of hidden rust on that car.

    I'd rather spend $2K more and get a rust-free car
     
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  16. Gearbanger 101

    Gearbanger 101 Straight Outta Locash Super Mod

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    Yeah, I concur. It would be worth it as a parts car, but that's where I'd draw the line on that heap.
     
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  17. Spaz

    Spaz Member

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    It's funny how it says, "runs strong" but "don't know if A/C works." If it runs, than couldn't he turn on the A/C and find out?
     
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  18. madspeed

    madspeed Colonel Mustard Mod Dude Founding Member

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    because it wont start most likely :D
     
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