The Ford Mustang LX was a variant of the 1987-1993 Third Generation Mustang that featured unique styling and performance options. This updat...
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The Ford Mustang LX was a variant of the 1987-1993 Third Generation Mustang that featured unique styling and performance options. This updated version of the LX replaced the "Quad-Headlight" LX and was available in Hatchback (a/k/a fastback), Coupe (a/k/a notchback), and Convertible. The Mustang GT held an MSRP that was approximately $2k more than the LX. There were subtle differences in the LX interior design, like upholstery, seat design, and dash controls. The LX was available with either a 2.3L inline four or a 5.0L (302ci) V8 that featured electronic fuel injection. A five-speed manual transmission and an optional limited-slip differential sent power to the rear wheels. Notable trims include the 1990 7-Up Edition, the 1992 Summer Edition, and the 1993 Feature Edition. The Third Generation Mustang LX ended production with the introduction of the Fourth Generation Mustang in 1994.
Ford Mustang LX - 3rd Gen FAQs
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Q: What is the highest sale price of a Ford Mustang LX - 3rd Gen?
A: The highest recorded sale was $85,000 for a 1990 Ford Mustang LX on May 20 2023.
Q: What was the lowest recorded sale price for a Ford Mustang LX - 3rd Gen?
A: The lowest recorded sale price was $2,750 for a 1989 Ford Mustang LX on May 13 2025.
Q: What is the average sale price of a Ford Mustang LX - 3rd Gen?
A: The average price of a Ford Mustang LX - 3rd Gen is $20,827.
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Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
This listing was either sold, or removed, by the seller. The last asking price is the last price detected by Classic.com.
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158,500 mi
Location:
West Deptford Township, NJ, USA
Originality:
Custom
Highly modified and/or restored vehicles with uprated engine swaps, and/or body conversions. Generally, Restomod and Custom vehicles cannot be easily returned to their original factory specifications.
This listing was either sold, or removed, by the seller. The last asking price is the last price detected by Classic.com.
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74,600 mi
Location:
Montgomery, MN, USA
Originality:
Original & Highly Original
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
This listing was either sold, or removed, by the seller. The last asking price is the last price detected by Classic.com.
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46,851 mi TMU
Location:
Fort Worth, TX, USA
Originality:
Modified
Vehicles with a period-correct engine and body, with multiple significant modifications such as change in color, increased displacement, added performance equipment (Turbo, Supercharger), spoilers or bumpers, etc. Generally, removable modifications.
This listing was either sold, or removed, by the seller. The last asking price is the last price detected by Classic.com.
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TMU
Location:
Auburn, MA, USA
Originality:
Original & Highly Original
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
This listing was either sold, or removed, by the seller. The last asking price is the last price detected by Classic.com.
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30,874 mi
Location:
Grand Rapids, MI, USA
Originality:
Original & Highly Original
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
This listing was either sold, or removed, by the seller. The last asking price is the last price detected by Classic.com.
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93,317 mi
Location:
Grand Rapids, MI, USA
Originality:
Custom
Highly modified and/or restored vehicles with uprated engine swaps, and/or body conversions. Generally, Restomod and Custom vehicles cannot be easily returned to their original factory specifications.
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Lot 85647: 1988 Ford Mustang LX 5.0 5-Speed Convertible
Sold
$21,750
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14,000 mi
Location:
Westfield, MA, USA
Originality:
Original & Highly Original
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Lot 85377: 1992 Ford Mustang LX 5.0 Convertible Summer Edition
Not Sold
$31,750
info
Highest Bid
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542 mi
Location:
Oakland County, MI, USA
Originality:
Original & Highly Original
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Highly modified and/or restored vehicles with uprated engine swaps, and/or body conversions. Generally, Restomod and Custom vehicles cannot be easily returned to their original factory specifications.
Highly modified and/or restored vehicles with uprated engine swaps, and/or body conversions. Generally, Restomod and Custom vehicles cannot be easily returned to their original factory specifications.
Lot 5077-PC: 1990 Ford 7-Up 5.0 Mustang Convertible
Not Sold
$70,000
close
320 mi
Originality:
Original & Highly Original
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
This listing was either sold, or removed, by the seller. The last asking price is the last price detected by Classic.com.
close
60,843 mi
Location:
Las Vegas, NV, USA
Originality:
Original & Highly Original
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
This listing was either sold, or removed, by the seller. The last asking price is the last price detected by Classic.com.
close
62,164 mi
Location:
Las Vegas, NV, USA
Originality:
Original & Highly Original
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Lot 83280: 1993 Ford Mustang LX 5.0 Convertible 5-Speed
Sold
$29,250
close
15,000 mi TMU
Location:
Chatham, MA, USA
Originality:
Original & Highly Original
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Lot 83196: 1988 Ford Mustang LX Hatchback 5.0 5-Speed
Sold
$23,500
close
13,000 mi TMU
Location:
Wichita, KS, USA
Originality:
Original & Highly Original
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
This listing was either sold, or removed, by the seller. The last asking price is the last price detected by Classic.com.
close
85,096 mi
Location:
Phoenix, AZ, USA
Originality:
Original & Highly Original
Vehicles that are original or close to original factory specifications, irrespective of condition. May include vehicles that have minor, removable modifications such as aftermarket wheels, exhaust, or accessories such as cargo/roof rack, stereos, etc.
The CLASSIC.COM Market Benchmark (CMB) represents a benchmark value for vehicles in this market based on data accumulated by CLASSIC.COM. Actual market value for a specific vehicle will depend on various elements, including the condition of the vehicle.
Market FAQ: Ford Mustang LX - 3rd Gen
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