I bought my 95 GT in 1998 for $15k with 17K miles on it. Regular maintenance at 3K miles with only mobil1 synthetic oil. It now has 127K miles and after 14 yrs it needed the auto trans rebuilt. Motors for both pwr windows and driver seat needed replacing along with odometer/speedometer gear. Otherwise gr8 car. No takeoff with stock 2.73 gears. Now have 3.55 its way better. Avg 20 miles per gallon normal driving. Love interior and the cloth seats are comfortable and durable. Still looks new. Backseats fold down allowing transport of long objects. I love this body style and the car is solid and quiet inside. I recommend buying a mustang for fun and reliability over long term ownership.
Car was purchased brand-new 17 years ago and was the first Ford product I had ever owned. Except for several build flaws from the factory, it has been trouble-free through 134,000 miles. It has been garaged the entire time and looks factory-new to this day. I do all the maintenance on the vehicle myself, including 3,000 oil/filter changes, tune-ups, tire rotations, and fluid changes. The A/C unit is powerful and efficient even in FL heat and humidity. The car gets exceptional mileage for a 150 HP engine (V-6 and auto. trans.) at Interstate speeds because of the car's high final drive ratio (about 1900 rpm's at 75 MPH), 30 mpg w/AC on and 32 with the system off. City mileage is only 15-20.
Before I had a 94 mustang v6, and for years it ran great with minimal problems. Got into a car accident with it, and the insurance company totaled it. I used the money I got from it to get my 1995 GTS which are not very common, and I think this is the best purchase I ever made. I bought it with 151,000 on the clock. Original engine and tranny. Previous owner took very good care of it. I replaced all the fluids, spark plugs, filters etc. Iv'e put 7000 miles on it since I bought it and it's still running like new. The clothe seats are super comfy, and its fairly quick for an old 5.0. So far its a great car and I plan on having it for a really long time as I did my old mustang.
i first purchased this vehicle expecting a sporty reliable car with 54k miles. at 56k miles, the exhaust was shot including the cats, at 58k miles the head gaskets blew, which was a costly and time consuming repair. turned out the gaskets were installed incorrectly, and ford knew. owner notification was initiated a few months later, with an apology, and an offer for reimbursment, good, but not as good as my moms toyota with 140,000 miles and no engine trouble.
I can't say enough about the reliability of the car. Today it has over 120,000 miles with no major engine work to date. The performance of the V- 8 engine is great and the handling is outstanding. You can't take curves on snowy roads at 50 mph but on dry pavement it hugs the road like you hug your best girl. The four wheel anti- lock disk brakes stop the car fast when you need to without fading or pulling. The fuel economy is not the best, but who buys a Mustang GT for fuel economy?. One thing I wish was better is the leg room. The back seat is usable only by small children and pets, but are you looking for a fun to drive sports car or a family sedan?