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Ford Authority

1989 Ford Mustang LX 5.0 With 1,700 Miles Up For Auction

In the past, Ford Authority has featured a handful of rare, low-mileage Fox Body Ford Mustang  coupe and convertibles as they’ve shown up for auction. For example, a 1984 Mustang with just 13,000 miles was up for sale late last year, as was a 1986 Mustang with just one prior owner. In March 2022, a 1990 Mustang drop-top, one of just 4,103 7-Up Edition models, sold for $8,000. Another third-generation Fox Body is currently up for sale on Bring A Trailer: a 1989 Ford Mustang LX with just 1,700 miles on the odometer.

This 1989 Ford Mustang LX, which sports a notchback-style greenhouse, is finished in black with subtle red pinstripes. This theme is carried through to the interior, with immaculate Scarlet red upholstery that looks almost brand new – as it should, since this vehicle has clearly seen minimal use in its 33-year life. It rides on 15-inch alloy wheels wrapped in 225/60 Goodyear Eagle VR60 tires.

Standard equipment includes power-assisted rack-and-pinion steering and the Handling Suspension Package, which bundles variable-rate springs and a Quadra-Shock rear suspension setup. It also boasts air conditioning, cruise control, a cassette stereo, premium sound system and power windows and door locks.

Get-up-and-go in this 1989 Ford Mustang LX is sourced from its 5.0L V8 302 cubic-inch powerhouse, which is rated at 225 horsepower and 300 pound-feet of torque. A five-speed manual transmission and a limited-slip differential makes sure the power meets the road via the rear wheels.

The current owner acquired this 1989 Ford Mustang in 2016, and has put approximately 20 miles on it since purchasing it. The oil was most recently changed in 2020, and so few miles indicates that this vehicle has lived a cushy life thus far. Its window sticker indicates that it sold for $13,119 new, which is roughly equivalent to $31,400 today adjusted for inflation. The bid has already exceeded that, as it sits at $45,000 at the time of this writing, and the auction will close on October 31st.

We’ll have more cool auction finds like this to share soon, so be sure and subscribe to Ford Authority for more Ford Mustang news and non-stop Ford news coverage.

Alexandra is a Colorado-based journalist with a passion for all things involving horsepower, be it automotive or equestrian.

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Comments

  1. JimL

    While I miss my ’89 LX 5.0…. $49,000?!? You could have a late-model Bullitt for that price. I know, I have one and they’re still fetching $45k-$50k for low-mileage 2019’s. But hey, more power to the guy. Good to see someone getting nice bucks for one.

    Reply
  2. RWFA

    What a hodgepodge of design themes.

    Wasn’t so obvious when it was new but looking at it now the greenhouse and center section forms seem so incongruous to the later cycle front clip.

    Reply
  3. Shadow

    I’ve owned 12 Mustangs, models 1989-2014, many of them pre 1994 non-digital odometers and I cannot tell you how incredibly easily it is to manually roll the miles back on the odometer without any detection whatsoever! I’ve literally seen it done multiple times right before my very eyes! Now, don’t get me wrong, this particular notchback 5.0 looks to be in great condition indeed, but I’m just letting everyone know how absolutely simple it is to roll the miles back with NO possible form of discernment or a unearthing of the actual miles….Thus, all buyers of pre 1994 Ford Mustangs BEWARE!

    Reply
    1. G O PEE

      Digital odometers can be rolled back just as easy

      Reply
  4. GaryB

    up to $50k with 6.5 hrs remaining

    Reply
  5. Terry Frost

    Oh there are ways to determine with the ingress of dirt in and around engine components, or lack thereof. I have a 93 Notch 5.0 with 24k actual, I’m the original owner, and has 30 years of dirt and wear under the hood. Even if they “cleaned” under the hood there would be evidence of cleaning. Sure you won’t be able to determine exact mileage, but asking yourself if it’s 200k worth or dirt and wear? 100k? Under 50k? Under 25k? It’s difficult to “clean” off miles, you just have to take a methodical approach. Terry 1993 Calypso Green Notch, all options but Auto and power seat.

    Reply

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