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Old 01-30-2014, 05:12 PM   #1
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Hello from newbie

Hi all. I'm new to this forum and to Mustangs. I've been a Corvette guy for many a year and always liked Mustangs, but never seriously considered getting one. Until now!

I want to surprise my son who is doing really well in school, and we want to reward him for his grades. This will be his first car so I don't want to spend much. I'm looking at two Mustangs this weekend: a 1998 with 160k miles for $2500- new battery, alternator, ball joints, tires, and brakes- 2nd owner. It's really clean (from pictures I've seen). And then there's a 2003 with 68k miles for (asking) $5800- also really clean as per pictures. Both are Florida cars their whole lives. My son will use the car for around-town driving- mostly to/from school and baseball. If he graduates with a scholarship, the arrangement is he'll get a new car of his choice- no Lambos, though lol

Please, opinions and comments are welcome and appreciated as far as prices, good and/or bad year models, and what to look out for, both pro and con.

Thanks a lot.
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Old 01-30-2014, 05:29 PM   #2
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If you can, really push for the 2003. Decent amount of miles for age, better styling, slightly more performance (but still not really a lot), and tons of mods on the market (I wouldn't trade anything for the 100's of hours spent weekend modding with my father). Just a really good Mustang for teenagers right now. As for problems though, never owned one so I can't help there.

I may be a little biased, but I am an enthusiast, yet I still don't see much appeal in the 94'-98' SN95 Mustangs. Just like the Mustang II, it was just a bad generation (IMO).
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Old 01-30-2014, 05:49 PM   #3
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Here is some post about 94-2004 v-6 mustangs with high miles.
Who has the most miles on their 3.8? - MustangForums.com
If you are just getting a car for a few years I would get the older Mustang. If it was well taken care of. Personally, I am a fan of the 03. Better designed and probably garage kept. It will ,probably, hold its value. Older 99s with higher miles are going for $6,000 at all car lots and dealerships in my area.
My engine was recycle center replaced at 150,000 and again at 200,000. Now I have 250,000 with a new engine. How do you think your son will drive a 98 130 hp 2800 pound car with 160k? If my father owned a Corvette, speed would be in the genes.
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Old 01-30-2014, 06:06 PM   #4
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Welcome.

I'd swing toward the 2003 with the low mileage. I love my '03. Is it a GT or a V6?
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Old 01-31-2014, 07:16 AM   #5
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Originally Posted by 2 Stangz View Post
If you can, really push for the 2003. Decent amount of miles for age, better styling, slightly more performance (but still not really a lot), and tons of mods on the market (I wouldn't trade anything for the 100's of hours spent weekend modding with my father). Just a really good Mustang for teenagers right now. As for problems though, never owned one so I can't help there.

I may be a little biased, but I am an enthusiast, yet I still don't see much appeal in the 94'-98' SN95 Mustangs. Just like the Mustang II, it was just a bad generation (IMO).
Dollar for dollar the '03 seems like a better deal. Style-wise, they're both cool in their own right.

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Originally Posted by samuelsmith View Post
Here is some post about 94-2004 v-6 mustangs with high miles.
Who has the most miles on their 3.8? - MustangForums.com
If you are just getting a car for a few years I would get the older Mustang. If it was well taken care of. Personally, I am a fan of the 03. Better designed and probably garage kept. It will ,probably, hold its value. Older 99s with higher miles are going for $6,000 at all car lots and dealerships in my area.
My engine was recycle center replaced at 150,000 and again at 200,000. Now I have 250,000 with a new engine. How do you think your son will drive a 98 130 hp 2800 pound car with 160k? If my father owned a Corvette, speed would be in the genes.
Ha ha, speed is EXACTLY what I'm NOT looking for at this point in his driving career. I'm just looking for something for him to use other than our dd mini van he uses occasionally.

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Welcome.

I'd swing toward the 2003 with the low mileage. I love my '03. Is it a GT or a V6?
It's a V6. I'm sure he would like either one. If I can get the price of the '03 down a bit, I'll go for that one.

Thanks all for the opinions and suggestions.
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Old 01-31-2014, 10:49 AM   #6
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Whatever you end up with I'm sure it'll be a really fun experience for you and your son. I hope he enjoys it! I'm 19 now but memories of when I got my 2006 V6 when I was 16 were some of the absolute best memories of my life so far. My dad had the same outlook as you, he didn't want me to kill myself with speed, haha. Good luck.
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Old 02-01-2014, 11:23 AM   #7
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My Mustang purchase update

I saw the '98 (169k miles)- $2500, and the '03 (68k miles)- $5800, and I was also able to check out an '02 (110k miles) -$5900.

The '03 seller dropped to $5500, the '02 also went to $5500, and the '98 went to $2300. They were all nice, but believe it or not, the '98 was pampered more and better maintained than the other newer ones. Don't get me wrong, the newer ones were obviously less "used" looking, but all in all, I liked the way the '98 was treated. I've been around older cars a lot, but I have rarely seen a 169,000 mile car in such cared-for condition.

Anyway, dollar for dollar, I decided the '98 was a better deal- especially for a new driver's first car. For anyone who might be interested, I'll get some pics posted when the car arrives on Monday.

I am looking forward to learning about this Mustang, and I believe this forum is the place to do that. Thanks very much again for the input. Your comments are appreciated and helped me with this process.
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Old 02-20-2014, 09:59 PM   #8
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It's his first car. Get the cheapest one.
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Old 02-24-2014, 02:35 PM   #9
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Definitely cheap for the first car, that thing will be abused
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Old 03-04-2014, 03:39 PM   #10
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I would say the cheaper one. It will be a little bit easier to work on if he wants to upgrade anything or fix donethig
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Old 03-08-2014, 07:28 AM   #11
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Definitely cheap for the first car, that thing will be abused

That's not true I got a 07 v6 for my first car and I baby the crap out of it! Just because u may have abused ur car doesn't mean he will or everyone else will.
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Old 03-08-2014, 10:20 AM   #12
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That's not true I got a 07 v6 for my first car and I baby the crap out of it! Just because u may have abused ur car doesn't mean he will or everyone else will.
True I loved my first car/V6 I completely transformed it yet never got a speeding ticket or got in a wreck or even any kind of scratch on it.
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