What is a 89 Mustang worth?
Another big price jump happened for the 1989 Ford Mustang. This model went through an impressive increase — from $5,831 in 2011 to $16,648 in 2021. In the past five years, average price ranges for Fox Bodies have grown from around $6,000 to $10,000 all the way up to $13,000 to $20,000.
How much horsepower does a 89 5.0 have?
Engine Specs
| Engine Name & Year | Power (hp @ RPM) |
|---|---|
| 1989 – 140 Lima Inline 4 Engine (2.3 L) | 90 hp @ 3800 RPM |
| 1989 – 302 H.O V8 (5.0 L) | 225 hp @ 4200 RPM |
Are Fox body Mustangs valuable?
It’s difficult to speak in generalities, as Fox Mustangs include over 100 vehicles with #2-condition (Excellent) values ranging from $7100 to $90,300.
How much is a 1989 Mustang 5.0 worth?
1989 Ford Mustang Retail Prices
| Trim | MSRP | CarGurus Instant Market Value |
|---|---|---|
| GT Convertible RWD | $17,886 | N/A |
| GT Hatchback RWD | $13,646 | N/A |
| LX 5.0L Convertible RWD | $17,375 | N/A |
| LX 5.0L Coupe RWD | $11,784 | N/A |
Why are they called Fox body Mustangs?
The Fox Body Mustang is the third generation of Ford’s iconic muscle car, lasting from 1979 to 1993. They’re referred to as the Fox Body Mustangs since they used the new Fox platform. As one of the longest-running generations, the Fox Body saw quite a few major changes over the years.
What engine is in a 1989 Mustang GT?
1989 Mustang Engine Information – 302 cubic inch V-8 (5.0 L H.O V8)
Why is a Mustang called a Fox body?
The Fox Body was produced from 1979-1993, the longest stretch for any Mustang generation. It earned its “Fox Body” nickname because it was built on the Fox platform. These Mustangs are well-known for being a modder’s dream, and with just a few upgrades they can hold their own with more modern ponies.
How much did a 1989 Mustang GT cost?
Mustang GT MSRP by Year
| Year / Model / Trim | Base MSRP | Adj. for Inflation |
|---|---|---|
| 1989 Mustang GT 2-Door Convertible | $17,512 | $35,594 |
| 1989 Mustang GT 2-Door Hatchback | $13,272 | $26,976 |
| 1990 Mustang GT 2-Door Convertible | $18,805 | $36,263 |
| 1990 Mustang GT 2-Door Hatchback | $13,986 | $26,970 |