The Fox generation Ford Mustang was built from 1979 through 1993 on a unibody chassis that was used for most of Ford's dealer lineup in the 80s/90s from the basic Fairmont to the Lincoln Continental. Of course, the best Fox to get is probably the Mustang because it combines a relatively low curb weight with many different engine options and a sporty 2-door look. Find this 1986 Ford Mustang LX here on eBay bidding for $3,550 with a few hours to go, located in Livermore, CA.
What we have today is the LX "notchback" Fox that when new was the cheapest way into a new Mustang. The LX mustangs have become collectible in their own
right and are worth a few more bucks than the average (more expensive
when new) hatchback GT/GLX stang, although today's example isn't the desireable 5.0 version.
Under the hood is a 3.8 liter overhead valve Essex V6 that was rated at around 120 horsepower and 205 ft-lbs of torque when new. However, a modified 5.0 V8 would fit nicely and look right at home under the hood; a newer overhead cam Coyote V8 would also fit with some massaging.
The biggest problem with swapping in a newer V8 into this thing is the fact that it only has 7000 miles on the odometer, so you'd feel bad about hacking up such a minty original time capsule...until the first smokey burnout...
See another car waiting for some new power? firstname.lastname@example.org