If you are a classic Mustang fan, you know it’s impossible to find a decent early model for less than $20,000. However, you can find a good quality Fox-body for a fraction of the price. That’s because the ’80s cars don’t have the same appeal as the ’60s models, so prices are lower.
Another factor is that a lot of Fox-bodies have been beaten to the ground by their ambitious owners, weekend racers or a lack of maintenance, so be careful what you buy. Make sure to have a decent mechanic check it for you first and always ask for repair and maintenance records.