Bought this 1998 Mustang GT yesterday on a whim for cheap, it’s got the 4.6 mod motor (2v) and the 5-speed manual. It also has quite a few issues... Plan is for it to be a summer beater for a while and maybe flip it when I get bored.
It has an issue where it takes a long time to crank and start, I am pretty sure it’s losing fuel pressure when parked so I’ve got a new fuel pump and pressure regulator on order. I believe it’s also only running on 6 cylinders too, an OBD scan shows a misfire on cyl 7 and 8. I’ve got new plugs, wires, coils, and injectors coming as well which should hopefully resolve the issue as the parts on the car look mostly factory still. Out of an abundance of caution, and because parts for this car are so cheap, I’m also going to replace the O2 sensors, IAC valve, EGR valve, PCV system, CAT sensor, cam and crank sensors, TP sensor, and the MAF sensor.
Interior is ok but grimey, currently has some el-cheapo front buckets and a cloth rear. I’d like to swap in leather seats out of a 99-04 mustang, they can’t be too expensive and should be a direct swap. The Mach 460 sound system seems to be missing its drivers, so something has probably gone wrong inside the factory amps. No idea there.
The worst thing on the body is a crunched rear quarter panel, but it doesn’t look above my skill to pull it and get the body back in good enough shape. Wheels look like they’re off a 2015ish mustang and I think they look surprisingly good.
I now own two unreliable rwd manual cars lol