By
Matt Rigney
Matt Rigney
Author
BIO
Matt brings to the table a very intimate knowledge of modern Mustangs, Camaros and Challengers not only from the books in his collection but from...
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July 2010 Ford Mustang Sales Figures Released
Is it to early to declare the new 5.0 a bust? Maybe so but all the hype and marketing push from...
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CNN Money has come out with a list of the Top Ten Investment Cars under $5,000 that will most likely increase in value over time with the 1985-93 Fox-Body Mustangs making the list. The Fox-Body Mustang holds a special place in my heart as it was the generation I came to know the best as I was growing up in Texas. Not only did I grow up in the time period these cars were being built but I have also owned four different models including a '90 GT, '90 GT Convertible, '91 LX 5.0 and a '93 LX 5.0 convertible. Owning four different models I can attest these cars hold their value very well because in each instance I bought and sold the car for almost what I paid for it with ownership lasting 2 or more years for each model.
What makes the fox-body Mustang so special in my mind is the availability and low cost of repair parts, aftermarket parts and the ease of working on these models. With so many parts available you can keep your Mustang running for a substantial lower price than comparable cars with similar performance. I was no mechanic nor did I have any automotive skills but I was able to replace transmissions, intakes, full-exhaust work, radiators, fuel pumps, etc. with minimal knowledge and basic tools. I guess you could say these cars were a blessing because with out them I would not be where I am today.
Check below for the full Top Ten Investment Cars under $5,000.
- 1985-93 Ford Mustang 5.0 HO
- 1975-80 AMC Pacer – $4,300
- 1974-80 Triumph Spitfire 1500
- 1975-78 Datsun 280Z
- 1989-91 Ford Taurus SHO
- 1977-83 BMW 320i
- 1968-76 Volkswagen Beetle
- 1986-88 Pontiac Fiero GT
- 1979-81 Fiat Spider 2000
- 1956 Buick Roadmaster Sedan
Source: CnnMoney.com
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