This is the best and nicest car I've owned to date. Sure, it has a few upgrades, but that's also what makes this car amazing. It has an incredibly large aftermarket that supplies Mustang enthusiasts with high quality yet affordable parts. My GT came with: Cobra intake manifold/Cobra 65mm throttle body, headers, catted h pipe, catback, lowered, welded subframe connectors, upper/lower HD rear control arms, Tokiko shocks, short throw shifter, HD clutch, 3.55 gears, MSD 6A ignition, more. These mods made it handle like it's on rails, and beat EVOs and SRT-4s whenever I feel like it.
I bought this Mustang a few years ago. It has brought me years of driving pleasure, I wouldn't dream of parting with it. The fuel pump went out a few months after purchasing it but other than that the car has been flawless.
I bought this '92 LX 5.0 in November. This car has been rock solid. Everyone notices a nice body. The T5 is a good tranny but I would recommend a Tremec for any hard drivers. The 5.0 will throw you back into your seat. With a 2.73 rear end I manage to get about 21 mpg combined driving and I've gotten up to 26 mpg on a 600 mile trip. Not a performance gear but good for a daily driver.
Bought very good conditions. Rear is too light, I spun once. Now, I buy Traction AA tires. Although, seat is uncomfortable and interiors are somewhat cheap detailed, it is a fun car to drive. Very strong engine. Brakes do not match the power this vehicle has. The 1992 Ford 302 cid / 5.0 engine is very reliable with all cast iron w/ forged pistons! T-5 Stnd Trans is not that strong if you are a "Power User". TREMEC 3550 trans is a very good replacement, though. Also, there are plenty of diff types of replacement parts for this car OEM and aftermarket.