MGM Classic Cars

150 S. Church Street, Addison, IL 60101
4.7
4.7 out of 5 stars

Used 1988 Ford Mustang LX

64,000 miles
For Sale:$35,995
Estimated payment:$816/mo.
$0 trade-in, 10% down payment, 48 months, Great credit score

Value ChartA visual chart indicating the fair price range is between $19,200 and $22,600, while the current price is $35,995.$19,200 - $22,600$35,995
  • Priced at $35,995, this vehicle is $13,395 above the high end of its fair market value of $22,600.

  • The current fair market price range is between $19,200 to $22,600.

  • It has 64,000 miles, which is close to the median mileage of 60,800.

Note: This is an estimate based on a variety of factors (experimental feature). It is intended to provide a fair market value range to help guide your buying decision.

View Full Value Report
  • Car
  • Convertible
  • Condition
    Used
  • Mileage
    64,000miles
  • Generation
    3(1979 - 1993)
  • Trim
    LX
  • Drivetrain
    Rear Wheel
  • Transmission
    5-Speed Manual
  • MPG
    14 city23 highway
  • Exterior Color
    Red
  • Interior Color
    Gray
  • Upholstery
    Cloth
  • Doors
    2
  • Max Seating
    4
  • Max Towing Capacity
    0lbs.
  • Final Assembly Point
    Dearborn, Michigan
  • VIN
    1FABP44E1JF268495
  • Starting MSRP
    $14,076

Engine5L V8 Gasoline

  • Fuel Type:Gasoline
  • Displacement:5liters
  • Block Type:V
  • Cylinders:8
  • Aspiration:Naturally Aspirated
  • Fuel Induction:Fuel Injection
  • Cam Type:OHV
  • Valves:16

Message from the seller

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 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 $36,995.00 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

  • Exterior:

    • Tinted Windows

  • Audio System

    • Radio: AM/FM
  • Brakes

    • Power brakes
  • Convenience Features

    • Center console
    • Power steering
  • Instrumentation

    • Clock
    • Gauge: tachometer
  • Lights

    • Exterior entry lights: approach lamps
  • Mirrors

    • Side mirror adjustments: power
  • Roof

    • Convertible roof: power
    • Roof rack crossbars: black
  • Seats

    • Front seat type: bucket
    • Upholstery: cloth
  • Tires and Rims

    • Wheels: steel
    • Wheel diameter: 14 inch
  • Windows

    • Front wipers: intermittent
    • Tinted glass

  • Seating:

    • Standard Seating:4
    • Max Seating:4
    • Head Room (front):37in.
    • Leg Room (front):41in.
    • Shoulder Room (front):55in.
    • Hip Room (front):56in.
    • Head Room (rear):36in.
    • Leg Room (rear):30in.
    • Shoulder Room (rear):48in.
    • Hip Room (rear):56in.
  • Measurements:

    • Length:179in.
    • Width:57in.
    • Height:52in.
    • Wheelbase:100.5in.
  • Weight:

    • Curb Weight:2,961lbs
  • Wheels & Tires:

    • Wheel Diameter:14in.
    • Wheel Diameter (rear):14in.

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Listed on February 19, 2026 (2 months ago)
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