Purchased this car in 1996 and used as daily driver for 4 years. Demoted to second car and added some performance goodies; mileage went from 19 to 24 and 0-60 went from high 6 seconds to mid 5 seconds (when I can get traction). Keep in mind that those figures are with 150,000+ miles on the car, and not a bit of trouble other than normal maintenance. Not a machine for the timid or new driver, and not the fastest thing on the road, but if you’re looking for a cheap way to add some fun to your daily commute, a 5.0 Mustang is a great place to start. They are fun stock, and really come to life with a little extra attention on a weekend or two.
I bought this car brand new in 93. It has excellent performance(as you know), gets great gas mileage for its class, and is very dependable. I have 119000 miles with only normal tune-ups done and it will still run low 12's in the quarter mile. I know people that have over 300,000 miles with no major problems. These cars are great.
I love my 4 cylinder Mustang. Never thought I would say it. After years of payments and outrageous gas mileage from my trucks, I sold my Silverado and bought my cousin's 93 Mustang. Has been a great car. Very economical and reliable. Even fun to drive. Just wish the ride wasn't so rough....even after replacing the shocks and struts.