My friend just picked up a 1988 Ford Mustang with a 5.0L V8 and a 5-speed manual and the thing is nuts! He bought it for $2k with 250k miles on the chassis and around 120k miles on the motor. The engine looks pretty clean and during a cursory search of fluids, we found nothing leaking or any dangerously worn parts. The body has some really bad rust (holes you could fit your hand in) but overall its a great beater to have I think. Anyways, do you guys know any really common problems for that generation mustang? Or alternatively, some good forums to do some research on. Thanks! Pics to follow soon!!