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I am the new owner of a black 96 Mustang GT. She has 89213 miles on it. I picked it up for 5500. I like it and I'm already getting compliments on how it sounds. I haven't done anything to it yet. First mod, magnaflows and O/R X-pipe. Then 3.73s.
Congrats. I just got my 96GT about a month ago with 106K on it. Right now it's bone stock, but I love it though and I only paid $4900 for it. It's my first Mustang but it won't be my last.