Would this be a good first car?
Honestly older mustangs don't have much going for them. They lack performance, reliability, and to be completely honest with you are ugly. The newer ones aren't bad, but your talking about the two previous body styles. If you get one between 2000-2003 with a V6, your basically getting a pontiac grand prix. They are made cheap, its that plain and simple. 5000 is actually quite a bit of money to find something nice. If its pure performance your looking for, maybe not, and I promise your not going to get that with a mustang.