1988 Ford Mustang GT

VIN 1FABP45E0KF149028

event_available Jul 1, 2026
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What’s special about this listing

The 1988 Ford Mustang GT Convertible represents the pinnacle of the iconic Foxbody era (1979–1993), a generation that reinvigorated the Mustang nameplate and established the 5.0-liter V8 as a legendary performance benchmark. As the final evolution of the twin-platform 'aero-bumper' facelifted styling introduced in 1987, the 1988 model year delivered the 5.0 HO (High Output) V8 with confident muscle-car proportions and improved aerodynamics. These cars arrived during Mustang's renaissance, when the 5.0 became synonymous with accessible power and the convertible body style offered open-air thrills that defined 1980s American performance culture.

According to the seller, this example represents something increasingly rare in the Foxbody world: a build executed with purpose, patience, and professional craftsmanship rather than corner-cutting. Described as a father-son project begun when the owner's son was in high school, the vehicle was constructed as a teaching exercise in 'doing things right.' The original 5.0 received a comprehensive rebuild with a bored and honed block, performance internals, upgraded cylinder heads, port-matched intake, performance camshaft, high-flow throttle body, cold air intake, MSD ignition, and upgraded fuel delivery—resulting in an estimated 350–400 horsepower in a roughly 3,100-pound convertible. A five-speed manual transmission places power to the pavement.

Key characteristics include:

  • Powertrain: Built 5.0L V8 with performance internals and top-tier bolt-ons, paired with a 5-speed manual transmission
  • Originality: Modified with professional execution and quality component selection, consistent with the Modified classification
  • Cosmetics: Gloss red exterior with period-correct red plaid GT interior and black convertible soft top—a distinctive colorway
  • Condition: Described as having climate-controlled storage history since completion; 61,000 miles; repainted at some point with disclosed color variation on side panels
  • Provenance: Florida antique registration; clean title; single-family ownership with documented build philosophy

Relative to recent comparable sales in the 3rd-gen Foxbody GT market, which have ranged from approximately $11,500 for higher-mileage stock examples to $26,000 for carefully modified convertibles with similar specifications, this vehicle occupies the upper tier of the market. Its differentiation lies not solely in its performance modifications, but in the care narrative and professional execution that separate it from the many Foxbodies that suffered rough use or amateur modifications during their lifetime. For collectors and enthusiasts seeking a turnkey, ready-to-enjoy example of the quintessential 1980s American muscle convertible, this GT represents a compelling opportunity.

Specs

Details about this vehicle - decoded from the VIN & CLASSIC.COM curators. Contact the seller for specifics about this listing.

Year
1988
Make
Ford
Model Family
Mustang
Model Generation
3rd Gen (Post-facelift)
Model Variant
GT
Model Trim
-
VIN
1FABP45E0KF149028
Mileage
61,003 mi
Originality
Modified
Engine
5.0L V8
Transmission
Manual
Drive Type
Rear Wheel Drive (RWD)
Vehicle Type
Automobile
Body Style
Convertible
Driver Side
LHD
Doors
2 Doors
Color Group (Ext)
Red
Color Group (Int)
Red/Burgundy

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Vehicle History

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