Goetzman Motorcar LLC

608 W. High Street, Mount Vernon, OH 43050
4.4
4.4 out of 5 stars
0view

Used 1989 Ford Mustang GT

74,683 miles
For Sale:$10,800
Estimated payment:$245/mo.
$0 trade-in, 10% down payment, 48 months, Great credit score

Value ChartA visual chart indicating the fair price range is between $18,300 and $21,500, while the current price is $10,800.$18,300 - $21,500$10,800
  • Priced at $10,800, this vehicle is $7,500 (41%) below the low end of its fair market value of of $18,300.

  • The current fair market price range is between $18,300 to $21,500.Please exercise caution, as the price is significantly below average.

  • It has 74,683 miles, which is close to the median mileage of 74,600.

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
  • Hatchback
  • Condition
    Used
  • Mileage
    74,683miles
  • Generation
    3(1979 - 1993)
  • Trim
    GT
  • Drivetrain
    Rear Wheel
  • Transmission
    5-Speed Manual
  • MPG
    15 city22 highway
  • Exterior Color
    white
  • Interior Color
    red
  • Upholstery
    Cloth
  • Doors
    2
  • Max Seating
    4
  • Max Towing Capacity
    0lbs.
  • Final Assembly Point
    Dearborn, Michigan
  • VIN
    1FABP42EXKF225567
  • Starting MSRP
    $13,646

Engine5L V8 Gasoline 225hp

  • Fuel Type:Gasoline
  • Max Horsepower:225 hp @ 4200 rpm
  • Power to Weight Ratio:14.2lbs/hp
  • Max Torque:300 ft.lbf @ 3200 rpm
  • Displacement:5liters
  • Block Type:V
  • Cylinders:8
  • Aspiration:Naturally Aspirated
  • Fuel Induction:Fuel Injection
  • Cam Type:OHV
  • Valves:16

  • Exterior:

    • Tinted Windows

1989 Ford Mustang

The 1989 Ford Mustang, part of the fourth generation of the iconic pony car, represented a significant step forward for the nameplate, particularly with the introduction of the all-new 5.0L "Pushrod 302" V8 engine. This year marked a refresh and modernization, offering a blend of performance, style, and everyday usability that appealed to a wide range of enthusiasts.

Highlights

  • Engine: The standout powertrain for 1989 was the revised 5.0L (302 cubic inch) V8. This engine, now featuring Sequential Electronic Fuel Injection (SEFI), offered improved responsiveness, better fuel efficiency, and a smoother power delivery compared to previous carbureted or multi-port injection systems. For the GT model, it produced a healthy 225 horsepower and 300 lb-ft of torque, providing exhilarating acceleration. The base model LX continued to offer the 2.3L inline-four, which was a more economical option.
  • Safety Features:
    • Four-Wheel Anti-lock Braking System (ABS): Available on GT models and as an option on others, ABS was a crucial safety advancement. It prevented wheel lock-up during hard braking, allowing the driver to maintain steering control and reduce stopping distances, especially on slippery surfaces.
    • Three-Point Seat Belts: Standard across all models, these belts distribute crash forces across the occupant's chest and pelvis, significantly improving occupant protection in frontal collisions.
    • Energy-Absorbing Steering Column: Designed to collapse in a controlled manner during an impact, this feature helped to prevent severe chest injuries to the driver.
  • Trims: The 1989 Mustang offered distinct trims catering to different priorities:
    • Mustang LX: The entry-level model, offering the classic Mustang styling with either the 2.3L inline-four or the 5.0L V8. It was a more affordable way to own a Mustang and often served as a platform for customization.
    • Mustang GT: This was the performance-oriented variant. Distinguished by its unique aero body kit, fog lights, performance suspension, larger wheels, and the powerful 5.0L V8 engine. The GT was the go-to choice for those seeking potent acceleration and a sportier driving experience.
    • Mustang LX Convertible: Offered the open-air experience of the Mustang with either engine option.
    • Mustang GT Convertible: The ultimate open-air performance machine, combining the thrill of the convertible with the potent 5.0L V8.
  • Other Notable Aspects:
    • Aerodynamic Styling: The 1989 Mustang featured a sleeker, more aerodynamic body compared to its predecessors, contributing to improved handling and fuel efficiency. The GT's specific styling cues further enhanced its aggressive stance.
    • Improved Interior: The interior received updates with a more driver-focused dashboard and improved ergonomics, making the cabin a more comfortable and modern place to be.
    • Handling: The independent rear suspension, introduced in previous years, continued to provide a more refined ride and better handling characteristics compared to older solid rear axle designs.

What to Expect

Owning a 1989 Ford Mustang, especially a well-maintained example, can be a rewarding experience for enthusiasts.

  • Typical Ownership Experience: These Mustangs are known for their engaging driving dynamics and the iconic V8 rumble. They offer a good balance of sportiness and daily drivability. For those who appreciate classic American muscle car heritage with modern-ish amenities, they are a great choice. Expect a car that feels more connected to the road than many modern vehicles.
  • Maintenance: As a vehicle from the late 80s, the Mustang is generally considered relatively straightforward to maintain. The 5.0L V8 is known for its robustness and widespread availability of parts. Common maintenance items will include oil changes, filter replacements, brake service, and potentially wear items like belts, hoses, and ignition components. However, as the car ages, expect that some components might be harder to find or require specialized attention. Finding mechanics familiar with older V8s is beneficial.
  • Insurance: Insurance costs can vary significantly based on your age, driving record, location, and the specific trim level of the Mustang. The GT model, with its higher performance, will likely command higher premiums than the LX. It's advisable to get quotes from multiple insurance providers to find the best coverage for your needs.

Potential Considerations

While the 1989 Mustang offers a lot of appeal, potential buyers should be aware of a few things:

  • Rust: Like many vehicles from this era, the 1989 Mustang can be susceptible to rust, particularly in areas prone to road salt and moisture. Thoroughly inspect the unibody, fender wells, rocker panels, and around windows for any signs of corrosion.
  • Electrical Gremlins: Older vehicles can sometimes develop electrical issues. While the 1989 Mustang is generally reliable, be prepared for the possibility of minor electrical glitches with things like sensors, switches, or accessories.
  • Wear and Tear: With age, various rubber components (bushings, hoses, seals) will degrade and may need replacement. Suspension components can also show wear, affecting handling.
  • Interior Condition: The interiors of these cars, especially if they've been exposed to sunlight, can show signs of wear on seats, dashboards, and door panels. Climate control systems might also require attention.

Overall Summary

The 1989 Ford Mustang stands as a pivotal year for the iconic pony car. It successfully blended updated styling and technology, most notably the crucial introduction of sequential electronic fuel injection for the legendary 5.0L V8. Offering a choice between economical four-cylinder power and exhilarating V8 performance, across various trims like the spirited GT, it provided a compelling package for enthusiasts. While age brings potential maintenance and wear considerations, the 1989 Mustang remains a desirable classic that offers a potent and engaging driving experience, carrying the torch of American performance with pride.

0view
Listed on January 20, 2026 (3 months ago)
Not the right one?10 similar vehicles available nationwide
View Similar Vehicles
Cruz™ Disclaimer: Vehicle details shown on this site are provided by sellers or third parties. Cruz™ does not independently verify this information and is not liable for its accuracy. All services and content are offered without any warranty, either expressed or implied. Learn more here.MPG & Max Range: Fuel economy estimates are provided by the EPA and are intended for comparison purposes only. Your actual mileage will vary depending on driving conditions, vehicle condition, and other factors.Price: Prices shown may not include taxes, fees, or other charges. Prices and availability are subject to change without notice. Contact the seller for the most current pricing information.Options & Features: Installed options may not be shown. Contact the seller for more information about available features and options.

This Used 1989 Ford Mustang GT is available for drivers in Newark, Mount Vernon, Mansfield, Sunbury, Granville, Galena, Johnstown, Mount Gilead ...