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1989 Ford Mustang Overview, Reviews, Ratings & Specs

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Jovan | September 25, 2025
The 1989 Ford Mustang, a cornerstone of American muscle, hails from the "Fox" body generation (1979-1993). Available as a coupe, hatchback, and convertible, its key trims included the LX and the performance-oriented GT. Known for its affordability, tunability, and iconic styling, it offered accessible performance for the masses. Pricing ranged from around $9,000 to $14,000 new. Its popularity stems from its blend of power and practicality.
The Good

The 1989 Mustang offers a thrilling performance, especially in GT trim, appealing to enthusiasts. Its simple design contributes to relative reliability. While not luxurious, it's reasonably comfortable for daily driving. Its affordability and large aftermarket support make it a great value. The iconic design evokes nostalgia and pride of ownership, attracting emotional buyers, while practical buyers appreciate its accessible performance.

The Bad

Known weaknesses of the 1989 Mustang include rust, particularly in the floorboards, strut towers, and around the rear wheel wells. The 5.0L engine can suffer from oil leaks and worn valve guides. The T-5 transmission (manual) is susceptible to wear and tear, especially with aggressive driving. The interior plastics are prone to cracking and fading. Electrical issues can also arise due to age.

1989 Ford Mustang: Quick Overview

  • Engine Options:
    • 2.3L Inline-4: Available in LX trim.
    • 5.0L V8: Available in LX and GT trims.
  • Horsepower:
    • 2.3L Inline-4: Approximately 90 hp.
    • 5.0L V8: Approximately 225 hp.
  • Fuel Economy (5.0L V8):
    • City: 15-18 mpg
    • Highway: 22-25 mpg
  • 0-60 Times (5.0L V8):
    • Around 6.0-7.0 seconds (depending on transmission and condition).
  • Towing Capacity: Not recommended or officially rated.
  • Trim Level Features:
    • LX: Base model, available with either the 2.3L or 5.0L engine. Included features such as cloth seats, basic instrumentation, and available air conditioning.
    • GT: Performance-oriented model with the 5.0L V8 engine. Included features such as sport seats, performance suspension, upgraded exhaust, fog lights, and unique styling cues (body kit, rear spoiler). Often included power windows and locks.
    • Convertible: Available in both LX and GT trims, offering open-air driving.

1989 Ford Mustang Specifications

Vehicle Information
Year 1989
Make Ford
Model Mustang
Trim -
Style -
Type Cabriolet
Category Compact Car
Manufacturing Details
Made In United States
Manufacturing City WIXOM
Dimensions
Doors 2-Door
Curb Weight -
Gross Vehicle Weight Rating -
Overall Height -
Overall Length -
Overall Width -
Wheelbase Length -
Standard Seating -
Engine & Performance
Engine 5.0 L 8-Cyl.
Engine Size 5L
Engine Cylinders 8
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 -

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What Problems Does the 1989 Ford Mustang Have?

The 1989 Ford Mustang, like many cars of its era, suffers from age-related issues. Rust is a significant concern, especially in areas with harsh winters or coastal climates. Check the floorboards, frame rails, and strut towers for corrosion. Engine issues, particularly with the 5.0L V8, include oil leaks (valve cover gaskets, rear main seal) and worn valve guides, leading to excessive oil consumption. The T-5 manual transmission is known for its fragility, especially under hard use; worn synchronizers and difficulty shifting are common problems.
Electrical problems can arise due to aging wiring and connectors. Common issues include faulty sensors, malfunctioning power windows/locks, and instrument cluster failures. Interior plastics are prone to cracking and fading, particularly on the dashboard and door panels. The air conditioning system often requires maintenance or repair due to refrigerant leaks and compressor failures. While the 1989 model year didn't have widespread recalls, it's always advisable to check the NHTSA website for any applicable recalls based on the vehicle's VIN. Long-term reliability depends heavily on maintenance history and previous owner care.

How long will the 1989 Ford Mustang last?

With proper maintenance, a 1989 Ford Mustang can easily reach 200,000 miles or more. Many examples are still on the road after 30+ years. However, longevity is highly dependent on maintenance. Regular oil changes, timely repairs, and rust prevention are crucial. Long-term weaknesses include rust, as mentioned earlier, and wear and tear on suspension components (bushings, shocks/struts). The engine and transmission can last a long time with proper care, but neglect will shorten their lifespan. Expect to replace wear items like brakes, tires, and belts regularly. Interior components may require restoration or replacement over time.

What Technology & Safety Features are Included?

The 1989 Ford Mustang was relatively basic in terms of technology compared to modern cars. Built-in tech was limited to features like a basic AM/FM radio (optional cassette player), and analog gauges. Entertainment options were rudimentary. Driver-assistance features were virtually non-existent; power steering and power brakes were about as advanced as it got.
Safety features included seatbelts (lap belts in the rear), and some models had optional anti-lock brakes (ABS). Airbags were not standard equipment in 1989. Optional features included air conditioning, power windows and locks, cruise control, and upgraded sound systems. Crash test ratings from the era are not directly comparable to modern standards. However, the NHTSA did conduct some tests, and the Mustang received generally acceptable ratings for frontal impacts for the time. Keep in mind that safety technology has advanced significantly since 1980s, so a 1989 Mustang offers far less protection than a modern vehicle. The focus was on performance and affordability rather than advanced technology or safety features.

What Colors Options are Available?

Exterior Colors
Oxford White
Black
Bright Red
Dark Grey Metallic
Regatta Blue
Interior Colors
Medium Grey
Scarlet Red
Sand Beige

1989 Ford Mustang Prices and Market Value

When new, the 1989 Ford Mustang LX started around $9,000, while the GT was priced closer to $14,000. Today, used market prices vary widely. Condition, mileage, and originality are key factors. Project cars can be found for as little as $3,000 - $5,000. Well-maintained GT models, especially those with low mileage or rare options, can fetch upwards of $15,000 - $25,000, or even more for exceptionally clean examples. Convertibles and unmodified examples tend to command higher prices. Resale value is heavily influenced by nostalgia and collector interest in the "Fox" body Mustangs. Modified cars generally depreciate faster, unless the modifications are high-quality and desirable.

1989 Ford Mustang Cost of Ownership

Insurance costs for a 1989 Mustang can be surprisingly affordable, especially for older drivers. Fuel costs depend on the engine choice; the 5.0L V8 is not particularly fuel-efficient. Maintenance and repair costs can vary. Basic maintenance is relatively inexpensive, but repairs can add up, especially if rust or mechanical issues are present. Parts availability is generally good. Overall, a 1989 Mustang can be economical to own if it's well-maintained and driven moderately. However, neglected examples can quickly become costly due to the need for extensive repairs.

1989 Ford Mustang Fuel Efficiency

Fuel Type Gasoline
Fuel Capacity -
City Mileage -
Highway Mileage -

1989 Ford Mustang Insurance

Insurance for a 1989 Ford Mustang is moderately priced, reflecting its status as a Cabriolet with strong safety ratings and
reasonable repair costs.

How Does the 1989 Ford Mustang Compare to Other Cabriolet?

The 1989 Ford Mustang's key rivals included the Chevrolet Camaro and Pontiac Firebird. In terms of performance, the Mustang GT was generally competitive with the Camaro/Firebird 5.0L models. The Mustang often offered a slight edge in handling due to its lighter weight. Features were comparable across the board, with similar levels of basic equipment and optional upgrades. Reliability was a mixed bag; all three cars suffered from age-related issues. The Mustang's 5.0L engine was generally considered reliable, but the T-5 transmission was a weak point. Price-wise, the Mustang was often slightly more affordable than the Camaro/Firebird.
Alternatives to consider include the Nissan 300ZX (for more refined performance) or the Mazda RX-7 (for a unique driving experience, but with lower reliability). A Buick Grand National (if you can find one in good shape) offers a significantly different, but potent turbo-charged driving experience. Ultimately, the Mustang offered a compelling blend of performance, affordability, and iconic styling, making it a popular choice. The Camaro/Firebird are similar alternatives, while the other options offer a different flavor.

Final Verdict: Is the 1989 Ford Mustang a Good Cabriolet?

The 1989 Ford Mustang is ideal for enthusiasts seeking an affordable and iconic piece of American muscle car history. It's worth buying if you're prepared to perform maintenance and potentially address age-related issues. A well-maintained GT model is the most desirable, offering the best performance. It's best to buy a used example, as new ones are obviously not available. Look for examples with minimal rust, good maintenance records, and preferably unmodified engines. This car is a great choice for someone who enjoys working on cars and appreciates the classic Mustang experience.

1989 Ford Mustang Owner Reviews

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Jovan

Jovan specializes in interpreting vehicle records and making sense of VIN data. With over 10 years of experience in the automotive data industry, his work ensures that every report is clear, accurate, and useful for car buyers.