1988 Ford

Mustang GT 5.0 $21,900

$399 /year Figure based on a stock vehicle with IL rates with $100/$300k Liability/UM/UIM limits including GOLD towing package. Rates vary depending on the state, coverage selected and other factors. Policies underwritten by American Family Home Insurance Company. Some coverage and discounts not available in all states. Call 1-888-803-3913 to speak with a Collector Specialist or apply online.


GR Auto Gallery is excited to offer this low mile, all original, two owner 1988 Ford Mustang GT Convertible for sale from a very exclusive private collection. This 5.0 Mustang was purchased new on May 7, 1988 at Fulton Ford of Canal Fulton, OH. The car came attractively dressed in Scarlet Red exterior with two-tone Scarlet Red and White interior with white convertible top. The car is powered by the legendary 5.0 liter EFI High Output V8 engine hooked to the desirable 5 speed manual transmission and applied by its Traction-Lock rear axle. Standard performance equipment includes: Power Rack-and-Pinion Steering with 15:1 Ratio, a Handling Package which includes: variable rate springs, gas pressurized struts and shocks, and “Quadra Shock” rear suspension. Also standard are power front disc brakes, 15 inch wheels cast aluminum wheels and tires, power convertible top, aero halogen headlamps, air dam with integrated fog lamps, tinted glass, tilt steering wheel, full instrumentation including: 7000 RPM tachometer, temp gauge, voltmeter, oil pressure gauge and trip odometer.

Optional equipment fitted to this Mustang includes: air conditioning, power windows, power locks, automatic speed control, leather sport seats, premium sound system, white convertible top and lower titanium accent paint.

Today, at just over 12k original miles, this 1980's legend remains in excellent original condition in all areas. The car has been always kept inside when not in use and as a result, the original paint remains wonderful original condition, the original white leather seats are still supple, the red carpeting remains very clean and fresh.

Mechanically, this 1988 Mustang is spot on. That familiar sound of its 5.0 liter roars to life as you climb through the gears. The power, sound and feel is something that is exclusive only to the Fox body 5.0 and is beloved by many. The car delivers performance in all areas: power, suspension and braking.

The “Fox Body” GT Mustangs are fast becoming an icon of the beloved 80's. At a time where performance was squashed since the early 70's, the Mustang 5.0 liter GT's were a breath of fresh air for the performance starved American automotive public. The Fox body mustangs captured the essence of the original pony cars of the mid to late 60's and for this reason, they are starting to resonate with the collectors around the world and are now considered the next automotive investment. A low mile, original, fully documented and high quality example as the one offered here demands consideration as it will appreciate rapidly. Documentation includes: The original warranty card, original books with original portfolio come along with clean CarFax and title.

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Sub Model
GT 5.0
P4205 L


Engine Size
5.0 V8
Engine Type
Transmission Type
5-Speed Manual


Body Color
Scarlet Red
Body Style


Interior Color
Seat Material

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