Judging by sales figures, the third-generation Ford Mustang, a.k.a. the Fox body, is the second most popular series of the pony car after the 1960s original.
Ford sold more than 2.6 million Fox-body Mustangs from 1978 through 1993, whereas the first-gen was sold in almost 3 million copies from 1964 to 1973. Given this high production number, it’s still relatively easy to find third-generation Mustangs in mint condition.
If that’s what you’re looking for, there’s one waiting for you in Scottsdale, Arizona with only 3,200 miles (5,150 km) on the clock. Pretty much as good as it gets, the 1992 Mustang Convertible combines a red exterior with a white leather interior and was factory-equipped with the Summer Edition package.
This pack included the Vibrant Red body color, power-retractable white convertible top, 16-inch white wheels in a five-spoke design, a deck lid spoiler, as well as color-matched bodyside molding and mirror caps.
Power comes from a 5.0-liter ‘High Output’ V8 which was factory rated at 225 horsepower and 300 lb-ft (406 Nm) of torque. The transmission is a five-speed manual, which should add to the car’s appeal. Driving enthusiasts will be glad to learn that the car also features Ford’s 3:08 “Traction Lok” limited-slip differential on the rear axle. Other optional extras are the Convenience Group, Power Lock Group, and Light Group.
According to the seller, the car is completely original, with the exception of the tires, battery, and fluids. Everything is said to be in running order and an oil change has been performed recently.
The exterior of the Mustang has been touched up in two areas: the driver’s side rocker panel and a chip on the hood which were professionally fixed. The repairs are also noted on the Carfax report. The car is sold with the complete service record, four keys, factory literature, owner’s manual, and even an audio demonstration casette tape.
You can make an offer for this pristine Mustang on AutoHunter, a new auction platform launched last week. At the time of writing, the highest bid was $12,000.