Faults:

I replaced the alternator at 2,000 miles.

Other than that and regular maintenance the car has run like a champ.

General Comments:

Overall this is a pretty strong car. Good handling, acceleration, braking and everyday usefulness. Not going to win records on the race track, but on the street it doesn't shy away from speed.

Paint is almost like-new. No dings, scratches or even rust spots.

Faults:

Camshaft cover gasket, causing oil to drip onto the exhaust manifold and smoke.

Drive belt slipped off.

Belt tensioner bearing froze (new tensioner and belt).

Seats ripped and torn from use.

Convertible top ripped.

Alternator caught fire.

Left rear window stuck, broke trying to force it down.

Ash tray cover broke, no longer stays up.

Arm rest latch broken.

Rust on edges of door and on trunk lid.

Paint faded and clear coat chipping away.

Rubber molding falling off.

Front shocks gone, causing the front to be dropped about two inches.

Transmission slips.

General Comments:

This is a great car! That's what I'd be saying back in 1987. I bought this car as a fixer-upper. It's a great car, but has not been taken care of by the previous owner. For starters, the engine is noisy when accelerating from a stop. The transmission sometimes slips. The front shocks are gone, causing the front to be very low. It looks cool, but it's not very effective when going over speed bumps or under hard breaking (bottoms out). The camshaft cover gasket was replaced because it was leaking oil causing it to drip onto the exhaust. Since I bought it I have been fixing it up to make it run better and more reliable. It has a lot of power for a 4 cylinder, and handles well. It smokes a little, and looks cheap because of the numerous dents, scratches, chipping & fading paint and slight rust spots. It was also broken into when the previous owner had it, so the convertible top was sliced good.

Faults:

The paint has been bad since I first bought the car.

The headlight switch has gone out three times, within two years of owning the car.

The transmission went out the first year of ownership, but mainly because of drag racing.

The transmission went out the second time because of drag racing, and the way it was rebuilt the first time.

The fuel pump went out on it at about 132,000 miles.

The throttle position sensor went out at about 136,000 miles.

The rear tires are impossible to keep in good condition because of the tremendous amount of torque.

General Comments:

This car is blindingly fast for the money. My car has seen speeds of over 130 mph and it's an automatic.

If you don't have much money and want the fastest car in town, this is the car for you.

The exhaust tone is magnificent. One that could only be reproduced by another Ford 5.0 liter.

The engine is bullet proof. I installed a nitrous kit and had it for the good part of 8 months. Once the kit was taken off there were no after effects.

The cars handling is decent. It's no Ferrari.

The interior is perfect for the car. The gauges are easy to read, the switches all at your finger tips, and the seats are comfortable, yet supportive.

The exterior is aggressive yet easy on the eyes.

Faults:

Radiator had a leak at 160000 miles. Clutch wore out at 165000 miles. Replaced Battery at 169000 miles.

Seats are badly worn.

General Comments:

This is truly one of America's greatest cars. It features a classic design with loads of torque and horsepower. The car also handles extremly well. It has been very reliable. Replacement and performance parts are inexpensive and plentiful, plus the car is easy to work on. Resale value is high. Looks, performance, reliabillity and a rich history... what more could you want in a automobile?