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5.0L (1979-1995) MustangTechnical discussions on 5.0 Liter Mustangs within. This does not include the 5.0 from the 2011 Mustang GT. That information is in the 2005-1011 section.
My dad had an 85 Gt and his did that too. He'd have to keep the handle up like a click or two to stop it. What his was doing was the cable was loose and jumping up and down on the driveshaft. Try and adjust the cable or even get a new one, that hsould take care of it. There's an adjustment at the base of the e-brake handle.
Yea, some of the fox body mustangs have that problem when you mess with the exhaust, mine does it too. i talked to a couple and they said get a new e-bake????