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I'd say it's a pretty nice car for the money providing the interior is in good shape and the milage isn't to high. I'd drive it and check for rust also.
Yeah that caught my eye. Sounds to me like the guy doesn't know what he's talking about.
cobra fox mustangs had them, got one on my 89, reason it's an overdrive is it's a smaller than stock one and I use it to clear my pulley configuration for s/c set up, but the water pump pulley was an overdrive on the cobra in 93