The 1988 Ford Mustang, part of the Fox-body generation (1979-1993), represents an era of accessible performance. Available as a notchback coupe, hatchback, and convertible, the '88 Mustang was offered in LX and GT trims. The GT's 5.0L V8 made it a standout. Original pricing ranged from approximately $8,000 to $14,000. Its affordability and potential for modification contributed to its enduring popularity.
The Good
The 1988 Ford Mustang offered strong performance from its 5.0L V8 (GT). Its simple design meant relatively easy maintenance. The Mustang provided a sporty, fun driving experience appealing to enthusiasts, while its reasonable price and potential for good gas mileage (LX models) attracted practical buyers. It was an affordable entry into the world of performance cars.
The Bad
The 1988 Ford Mustang's weaknesses include potential rust issues, particularly in areas prone to salt. The T-5 transmission (manual) can be fragile under hard use. Interior plastics can be prone to cracking and fading. Also, the Fox-body's unibody construction can suffer from chassis flex with age and modifications.
1988 Ford Mustang: Quick Overview
- Engine Options:
- 2.3L Inline-4: Available in LX trim.
- 5.0L V8: Standard in GT trim, optional in LX.
- Horsepower:
- 2.3L Inline-4: Approximately 90 hp.
- 5.0L V8: Approximately 225 hp.
- Fuel Economy:
- 2.3L Inline-4: Estimated 22 mpg city / 30 mpg highway.
- 5.0L V8: Estimated 17 mpg city / 24 mpg highway.
- 0-60 Times:
- 2.3L Inline-4: Approximately 12 seconds.
- 5.0L V8: Approximately 6.5 seconds.
- Towing Capacity: Not recommended or officially rated for towing.
- Trim-Level Features:
- LX: Base model; features included cloth seats, basic instrumentation, and available air conditioning. Could be optioned with the 5.0L V8 and some GT features.
- GT: Performance-oriented model; features included 5.0L V8 engine, sport seats, fog lights, rear spoiler, performance suspension, and unique body styling.
- Convertible: Available in both LX and GT trims, featuring a power-operated convertible top.
1988 Ford Mustang Specifications
Vehicle Information
Year | 1988 |
Make | Ford |
Model | Mustang |
Trim | - |
Style | - |
Type | Hatchback |
Category | Compact Car |
Manufacturing Details
Made In | United States |
Manufacturing City | DEARBORN |
Dimensions
Doors | 2-Door |
Curb Weight | - |
Gross Vehicle Weight Rating | - |
Overall Height | - |
Overall Length | - |
Overall Width | - |
Wheelbase Length | - |
Standard Seating | - |
Engine & Performance
Engine | 1.6 L 4-Cyl. |
Engine Size | 1.6L |
Engine Cylinders | 4 |
Transmission | - |
Transmission Type | - |
Transmission Speeds | - |
Drivetrain | Rear-Wheel Drive |
Additional Features
Anti-Brake System | - |
Steering Type | - |
Pricing
Manufacturer Suggested Retail Price (MSRP) | - |
Invoice Price | - |
Delivery Charges | - |
Vehicle History Report
Vehicle
Specifications
Specifications
Ownership
History
History
All History
Events
Events
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Accident
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Open Lien
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Past Sale
Listings
Listings
Safety
Recalls
Recalls
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Market Price
Analysis
Analysis
What Problems Does the 1988 Ford Mustang Have?
Frequently reported problems for the 1988 Ford Mustang center around a few key areas. Rust is a common issue, particularly in areas with road salt, affecting the undercarriage, quarter panels, and around the strut towers. The T-5 manual transmission, especially when paired with the 5.0L V8, is known to be somewhat fragile and prone to failure under aggressive driving conditions.
Interior components, especially the plastic trim, are susceptible to cracking, fading, and breaking due to age and sun exposure. The electrical system can also present challenges, with issues such as malfunctioning power windows, door locks, and gauge clusters. Vacuum lines in the engine bay can become brittle and crack, leading to performance issues.
Long-term reliability concerns include the potential for head gasket failure in the 5.0L V8, especially if the engine has been overheated. The rear axle, particularly in GT models, can experience wear and tear due to the engine's power output. While recalls specific to the 1988 model year would need to be checked with the NHTSA database, general Fox-body issues related to fuel system components and safety equipment have been reported in various years. Regular maintenance and careful inspection are crucial for mitigating these issues and ensuring long-term reliability.
Interior components, especially the plastic trim, are susceptible to cracking, fading, and breaking due to age and sun exposure. The electrical system can also present challenges, with issues such as malfunctioning power windows, door locks, and gauge clusters. Vacuum lines in the engine bay can become brittle and crack, leading to performance issues.
Long-term reliability concerns include the potential for head gasket failure in the 5.0L V8, especially if the engine has been overheated. The rear axle, particularly in GT models, can experience wear and tear due to the engine's power output. While recalls specific to the 1988 model year would need to be checked with the NHTSA database, general Fox-body issues related to fuel system components and safety equipment have been reported in various years. Regular maintenance and careful inspection are crucial for mitigating these issues and ensuring long-term reliability.
How long will the 1988 Ford Mustang last?
Given proper maintenance, a 1988 Ford Mustang can easily exceed 200,000 miles or more. The longevity heavily depends on how well it was maintained over the years. Neglecting regular oil changes, coolant flushes, and transmission services will significantly shorten its lifespan.
Long-term durability is generally good if rust is kept at bay. However, weaknesses include the aforementioned T-5 transmission, which may require replacement or rebuilding, and the potential for engine issues if not properly cared for. Suspension components may also need replacement over time due to wear.
Long-term durability is generally good if rust is kept at bay. However, weaknesses include the aforementioned T-5 transmission, which may require replacement or rebuilding, and the potential for engine issues if not properly cared for. Suspension components may also need replacement over time due to wear.
What Technology & Safety Features are Included?
The 1988 Ford Mustang featured relatively basic built-in tech compared to modern vehicles. Entertainment features typically included an AM/FM radio, with optional cassette player. More advanced sound systems were available as upgrades. Driver-assistance features were minimal, with power steering being a common option. There were no advanced driver-assistance systems like lane departure warning or automatic emergency braking.
Safety features included seatbelts and, optionally, anti-lock brakes (ABS). Airbags were not standard equipment in 1988 Mustangs. Crash-test ratings from that era are not directly comparable to modern testing standards. However, the NHTSA conducted crash tests, and the results were generally considered average for the time period.
Optional features included power windows, power door locks, air conditioning, cruise control, and upgraded sound systems. The GT trim offered performance enhancements such as a limited-slip differential and performance suspension components. The convertible models had a power-operated top. Given the age of the vehicle, the focus was more on performance and styling rather than advanced technology or safety features.
Safety features included seatbelts and, optionally, anti-lock brakes (ABS). Airbags were not standard equipment in 1988 Mustangs. Crash-test ratings from that era are not directly comparable to modern testing standards. However, the NHTSA conducted crash tests, and the results were generally considered average for the time period.
Optional features included power windows, power door locks, air conditioning, cruise control, and upgraded sound systems. The GT trim offered performance enhancements such as a limited-slip differential and performance suspension components. The convertible models had a power-operated top. Given the age of the vehicle, the focus was more on performance and styling rather than advanced technology or safety features.
What Colors Options are Available?
Exterior Colors
Black
Bright Red
Oxford White
Dark Shadow Blue Metallic
Interior Colors
Medium Gray
Scarlet Red
Sand Beige
1988 Ford Mustang Prices and Market Value
When new, the 1988 Ford Mustang LX started around $8,000, while the GT was priced closer to $13,000-$14,000. Today, used market prices vary significantly based on condition, mileage, and trim. Expect to pay anywhere from $5,000 for a project car to $25,000+ for a well-maintained, low-mileage GT or a desirable convertible. Depreciation has leveled off, and well-preserved examples are appreciating in value due to their classic status. Factors affecting resale value include originality, condition, mileage, trim level (GT and convertibles command higher prices), and any modifications.
1988 Ford Mustang Cost of Ownership
Insurance costs for a 1988 Ford Mustang can be relatively low, especially with classic car insurance. Fuel costs vary depending on engine and driving style. The 2.3L is more economical than the 5.0L. Maintenance costs are moderate, as parts are generally available and relatively inexpensive. However, unexpected repairs can arise due to the car's age. Long-term ownership costs depend heavily on the car's condition and how well it's maintained. Overall, it can be an affordable classic to own if you're prepared for occasional repairs.
1988 Ford Mustang Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
-
City Mileage
-
Highway Mileage
-
1988 Ford Mustang Recalls & Defects
Electrical System:ignition
Recall date
1996-04-25
Recall no.
96v071000
Source
NHTSA
Summary
THE Ignition Switch Could Experience AN Internal Short Circuit.
Consequence
This Condition Could Cause Overheating, Smoke, and Possibly Fire IN THE Steering Column Area OF THE Vehicle.
Remedy
Dealers Will Replace THE Ignition Switch.
Notes
System: Electrical; Ignition Switch. Vehicle Description: Passenger and Multi-Purpose Vehicles and Light Duty Trucks. Note: Owners WHO Take Their Vehicles TO AN Authorized Dealer ON AN Agreed Upon Service Date and DO NOT Receive THE Free Remedy Within A Reasonable Time, Should Contact Ford AT 1-800-392-3673. Also Contact THE National Highway Traffic Safety Administration's Auto Safety Hotline AT 1-800-424-9393.
Exterior Lighting
Recall date
2006-05-24
Recall no.
06e049000
Source
NHTSA
Summary
Certain CK Motorsports Combination Headlights, Clear Corner, Bumper, and Side Marker Lights Sold AS Replacement Lamps FOR USE ON THE Passenger Vehicles Listed Above. Some Combination Lamps That ARE NOT Equipped With Amber Side Reflectors Fail TO Conform TO Federal Motor Vehicle Safety Standard NO. 108, Lamps, Reflective Devices, and Associated Equipment.
Consequence
Without THE Amber Reflectors, THE Vehicle Will BE Poorly Illuminated, Possibly Resulting IN A Vehicle Crash Without Warning.
Remedy
CK Motorsport Will Notify Owners and Replace THE Noncompliant Lamps Free OF Charge. THE Recall Began ON July 1, 2006. Owners MAY Contact CK Motorsport AT 1-909-610-7211.
Notes
This Recall Only Pertains TO Aftermarket Replacement Equipment and HAS NO Relation TO ANY Original Equipment Installed ON Vehicles Manufactured BY THE Vehicle Manufacturers.for More Information ON THE Lamp Model Numbers, Click ON Document Search and View Document Titled "lamp Model Numbers."customers MAY Contact THE National Highway Traffic Safety Administration's Vehicle Safety Hotline AT 1-888-327-4236 (Tty: 1-800-424-9153); or GO TO Http://Www.safercar.gov.
Exterior Lighting:headlights
Recall date
2008-08-11
Recall no.
08e050000
Source
NHTSA
Summary
K2 Motor IS Recalling 1,921 Aftermarket Headlamps OF Various Models Sold FOR USE ON THE Above Listed Vehicles. These Headlamps ARE Missing THE Amber Side Reflex Reflector Which Fails TO Conform With THE Requirements OF Federal Motor Vehicle Safety Standard NO. 108, "lamps, Reflective Devices, and Associated Equipment."
Consequence
Without THE Amber Side Reflex Reflectors, THE Lighting Visibility MAY BE Affected, Possibly Resulting IN A Vehicle Crash.
Remedy
K2 Motor Will Notify Owners and Offer A Full Refund. THE Recall Began ON Decemeber 17, 2008. Owners MAY Contact K2 Motor AT 1-909-839-2992.
Notes
This Recall Only Pertains TO Aftermarket Replacement Equipment and HAS NO Relation TO ANY Original Equipment Installed ON Vehicles Manufactured BY Honda, Ford, or Chrysler Llc. Customers MAY Contact THE National Highway Traffic Safety Administration's Vehicle Safety Hotline AT 1-888-327-4236 (Tty: 1-800-424-9153); or GO TO Http://Www.safercar.gov.
Exterior Lighting
Recall date
2009-04-07
Recall no.
09e012000
Source
NHTSA
Summary
Sabersport IS Recalling 16,270 Combination Corner and Bumper Lamp Assemblies OF Various Part Numbers Sold FOR USE AS Aftermarket Equipment FOR Various Passenger Vehicles. These Headlamps Fail TO Conform TO THE Requirements OF Federal Motor Vehicle Safety Standard NO. 108, "lamps, Reflective Devices, and Associated Equipment." These Lamps DO NOT Contain THE Required Amber Side Reflectors.
Consequence
Decreased Lighting Visibility MAY Result IN A Vehicle Crash.
Remedy
Sabersport Will Notify Owners and Offer A Full Refund FOR THE Noncompliant Combination Lamps. THE Safety Recall Began ON MAY 11, 2009. Owners MAY Contact Sabersport AT 1-909-598-7589.
Notes
This Recall Only Pertains TO Aftermarket Replacement Equipment and HAS NO Relation TO ANY Original Equipment Installed ON Vehicles Produced BY THE Vehicle Manufacturer.in Order TO Determine IF Your Aftermarket Lamp Assembly IS Affected BY This Noncompliance, Please Review THE List OF Model Numbers Provided TO US BY Sabersport.the List CAN BE Found Under "document Search" Located AT THE Bottom OF Your Screen.owners MAY Also Contact THE National Highway Traffic Safety Administration's Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO <A Href=http://Www.safercar.gov>http://www.safercar.gov</a> .
Exterior Lighting:headlights
Recall date
2009-05-11
Recall no.
09e025000
Source
NHTSA
Summary
Dope, Inc. IS Recalling 42,540 Combination Corner and Bumper Lamp Assemblies OF Various Part Numbers Sold FOR USE AS Aftermarket Equipment FOR Various Passenger Vehicles. These Headlamps Fail TO Conform TO THE Requirements OF Federal Motor Vehicle Safety Standard NO. 108, "lamps, Reflective Devices, and Associated Equipment." These Lamps DO NOT Contain THE Required Amber Side Reflectors.
Consequence
Decreased Lighting Visibility MAY Result IN A Vehicle Crash.
Remedy
Dope, Inc. Will Notify Owners and Offer A Full Refund FOR THE Noncompliant Combination Lamps. THE Safety Recall Began ON July 28, 2009. Owners MAY Contact Dope, Inc. AT 1-626-272-1798.
Notes
This Recall Only Pertains TO Aftermarket Replacement Equipment and HAS NO Relation TO ANY Original Equipment Installed ON Vehicles Produced BY THE Vehicle Manufacturer.in Order TO Determine IF Your Aftermarket Lamp Assembly IS Affected BY This Noncompliance, Please Review THE List OF Model Numbers Provided TO US BY Dope, Inc.the List CAN BE Found Under "document Search" Located AT THE Bottom OF Your Screen. Owners MAY Also Contact THE National Highway Traffic Safety Administration's Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO <A Href=http://Www.safercar.gov>http://www.safercar.gov</a> .
1988 Ford Mustang Insurance
Insurance for a 1988 Ford Mustang is moderately priced, reflecting its status as a Hatchback with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 1988 Ford Mustang Compare to Other Hatchback?
The 1988 Ford Mustang competed with cars like the Chevrolet Camaro, Pontiac Firebird, and Mazda RX-7. In terms of performance, the Mustang GT's 5.0L V8 offered comparable power to the Camaro and Firebird, while the RX-7 provided a different, more agile driving experience. Feature-wise, the Mustang was generally on par with its American rivals, offering similar levels of equipment. Reliability was a mixed bag; the Mustang's simple design aided maintenance, but rust and transmission issues could be problematic. The RX-7, while exciting, could be less reliable due to its rotary engine.
Price-wise, the Mustang was typically more affordable than the RX-7, making it an attractive option for budget-minded performance enthusiasts. The Camaro and Firebird offered similar value. In terms of alternatives, if reliability is a primary concern, a well-maintained Toyota Celica GT-S from the same era could be a better choice. For a more refined driving experience, an Acura Integra might be considered. However, for raw V8 power and a classic American muscle car feel, the 1988 Mustang GT remains a compelling choice. If you're after a similar car but perhaps a slightly more modern feel, look into later Foxbody years like 1993.
Price-wise, the Mustang was typically more affordable than the RX-7, making it an attractive option for budget-minded performance enthusiasts. The Camaro and Firebird offered similar value. In terms of alternatives, if reliability is a primary concern, a well-maintained Toyota Celica GT-S from the same era could be a better choice. For a more refined driving experience, an Acura Integra might be considered. However, for raw V8 power and a classic American muscle car feel, the 1988 Mustang GT remains a compelling choice. If you're after a similar car but perhaps a slightly more modern feel, look into later Foxbody years like 1993.
Final Verdict: Is the 1988 Ford Mustang a Good Hatchback?
The 1988 Ford Mustang is ideal for enthusiasts seeking an affordable classic muscle car experience. It's worth buying if you appreciate its simple design, potential for modification, and iconic status. However, it's crucial to buy a well-maintained example, preferably a GT or convertible, with minimal rust. A pre-purchase inspection is highly recommended. Avoid heavily modified cars unless you're comfortable with potential reliability issues. Given that you are buying used, a later model Foxbody Mustang from the early 90's might provide better reliability and features while maintaining the classic Foxbody feel.