Elite Dealer

1988 Ford Mustang

Addison, Illinois

$39,995

1988 Ford Mustang

Video

Vehicle Details

Make

Ford

Model

Mustang

Year

1988

Body Type

Convertible

Exterior Color

Red

Interior Color

Gray

Transmission

Manual

Drivetrain

RWD

Fuel Type

Gasoline

Engine

bay. Power is sent to the rear wheels through a five-speed manual

Condition

Good

Description

This 1988 Ford Mustang convertible is one of approximately 700 examples modified by Saleen Autosports for the model year and is powered by a 5.0-liter V8 mated to a five-speed manual transmission and a limited-slip differential. The car is finished in red with a black soft top over two-tone gray cloth upholstery, and Saleen modifications include revised body panels, revised suspension and braking components, 16"³ basketweave wheels, a MOMO steering wheel, Flo-Fit front seats, and a Hurst shifter. Further appointments consist of air conditioning, a Pioneer head unit, and power accessories.

It was delivered new to Don Hinds Ford in Fishers, Indiana, and was purchased by the previous owner in 2018. Now showing 64k miles. The car has a black convertible top, and the bodywork was modified by Saleen with revised side skirts and front and rear valances along with a rear wing, silver gradient side graphics, and a Saleen Mustang windshield banner.

Work in 2019 included refinishing the car in red, by previous owner. The 16" Saleen basketweave wheels are mounted with 225/50 Westlake tires that have cracks in the sidewalls. The Racecraft suspension is comprised of specific-rate front and rear coil springs, urethane sway bar pivot bushings, and a horizontal axle damper.

Stopping power is provided by four-wheel SVO-type disc brakes. The previous owner told us the front Flo-Fit bucket seats and the rear bench were reupholstered in two-tone gray cloth with red piping in 2024. Saleen Mustang embroidery accents the color-coordinated door panels.

Appointments include air conditioning, a center armrest, and power windows, locks, and mirrors. The leather-wrapped three-spoke MOMO steering wheel frames Saleen Mustang-branded instrumentation including a 170-mph speedometer, a 7k-rpm tachometer, and gauges for battery voltage, coolant temperature, oil pressure, and fuel level. The 302ci High-Output V8 produced 225 horsepower and 300 lb-ft of torque when new.

A three-point strut-tower brace spans the engine bay. Power is sent to the rear wheels through a five-speed manual transmission and a Traction-Loc limited-slip differential with 3.55:1 gearing. A plaque located ahead of the Hurst shifter indicates that this car was #557 modified by Saleen Autosport for the 1988 model year.

Correspondence from Saleen notes the originating dealer, date of manufacture, options, and production statistics. You will proud to own this one! Check out my Video Clip! TRADE IN's WELCOME! *IF YOU can dream it… YOU can do it! Suggested Retail price $45,000.00 MGM Buy it Now price $39,995.00 Financing available $4000 down pmt Must have good credit Sales tax/delivery can be financed Apply today on our website Text zip code for delivery quote 847-848-1850 All cars are sold in as-is condition Shown by appointment only! MGM Classic Cars LLC 150 S. Church Street Addison, IL 60101 Mon-Fri 9 am-5 pm Sat 10 am-3 pm WE HAVE OVER 180 CARS IN STOCK! WE OWN OUR INVENTORY! NO CONSIGNMENTS INFLATED COMMISSIONS! Visit our website Mgmclassiccars.com
Trim: LX 2dr Convertible
Body Style: 3
Fuel Type: Gasoline

Ford Mustang Market Overview

Based on 500 Ford Mustang listings currently on ClassicCarsArena.com

500
Listed Now
$38,003
Avg. Asking Price
1964–2001
Year Range
Price Position on Our Site — Average Range
This car: $39,995
Low: $3,000 High: $284,995
Transmission Distribution
Automatic 52%
Manual 34% ◄
Condition Distribution
Excellent 10%
Good 9% ◄
Fair 3%
Poor 0%
Data from ClassicCarsArena.com listings Browse all 500 listings →
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