1988 Ford Mustang Gt 5.0, V8 Hatchback 2-door on 2040-cars
Massachusetts, United States
Fuel Type:Gasoline
Engine:5.0L 302Cu. In. V8 GAS OHV Naturally Aspirated
For Sale By:Private Seller
Transmission:Manual
Body Type:Hatchback
Make: Ford
Options: CD Player
Model: Mustang
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows, Power Seats
Trim: GT Hatchback 2-Door
Drive Type: RWD
Disability Equipped: No
Mileage: 99,049
Number of Doors: 2
Exterior Color: Black
Warranty: Vehicle does NOT have an existing warranty
Interior Color: Gray
Sub Model: GT
Number of Cylinders: 8
1988 Mustang GT 5.0, V8, 5 Speed
Originally a California car that I bought with 85000 miles on it about 15 years ago and only have driven it 13,000 miles since then. This car is always stored in winter months and garaged at all times. Never even driven in the rain. The body is in excellent condition as well as the interior. The undercarriage is just as clean. It runs, drives, and handles great. There are no rattles or noises. Very tight suspension. Suspension is all new with KYB adjustable shocks. It has new 410 rear end gears, drive shaft loop, aluminum drive shaft and center force clutch, also has a pro 5.0 short throw shifter.
Motor has a B-cam, 1.72 roller rockers, intake spacer, mass air conversion with Cobra conversion kit, BBK cold air intake. All have been Dyno-tuned and professionally installed.
Also includes 2 sets of wheels and tires - pony wheels like new & Draglites like new. Includes alarm system and keyless entry.
Our insurance company has appraised it for $12K.
The only thing that may need attention is tht the AC may need to be recharged. It works, but doesn't blow as cold as it should.
Thanks for looking.
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Fri, 25 Apr 2014General Motors isn't the only Detroit automaker posting falling profits in the first quarter. Ford just released its Q1 2014 financial data, and it reported a net income of $989 million, down $622 million from Q1 2013. The drop is partially blamed on higher warranty and recall expenses than the company had anticipated.
Financially, Ford suffered a rough quarter almost across the board. Its pre-tax profit of $1.4 billion was also down $765 million from a year ago. Things were even worse in the North American market where operating profit fell significantly to $1.5 billion, down from $2.392 billion in Q1 2013. However, its global revenue ticked up slightly to $35.9 billion, from $35.6 billion in this period in 2013.
Ford admitted that it spent about $900 million on expenses that it hadn't planned for during this quarter. According to Reuters, the company paid about $400 million in additional warranty and recall costs in North America. The automaker didn't explain why the costs were so much higher than expected. However, in the last three months, Ford has had several recalls, including on the 2001-2004 Escape for rust, Explorer for its steering, Edge for its fuel line and others.
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According to Ford spokesperson Susan Krusel, who spoke to Bloomberg, Fields (pictured above right, with Bill Ford, Jr. at center and Alan Mulally at left) will switch to private travel "for safety and to maximize his availability for company business." In addition to his new travel arrangements, the 53-year-old exec's salary and bonuses have been revealed.
Regulatory filings by Ford revealed that Fields, whose first day in the big chair was July 1, will receive a base salary this year of $1.25 million and he'll be eligible for $3.5 million in bonuses, both of which are lower than Alan Mulally's $2 million salary and $5.88 million in bonuses received last year. That's also lower than General Motors CEO Mary Barra's alleged $1.6-million salary and considerably less than Sergio Marchionne's $3.19-million fixed salary from Fiat. Despite falling short of other CEOs, Fields' new pay still represents a 33-percent increase over his pay as Chief Operating Officer.
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