yellowcarbon

I am thinking about buying the car listed below. He is asking $3K for it and came down from $4.5K. I work out of my home, so I don't do a daily commute. I do go to meetings once or twice a week. My wife takes my car to the University everyday and I could give our second car to my stepson (who rides his bike 7 miles to work-it builds character). I don't know much about Mustangs as I have been a motorcycle & gun guy most of my adult life and currently have a Yamaha '03 FZ-1. Only so much money to bury in holes if you know what I mean.

I thought I could get this and use it has a pleasure car for my wife and I, since she is nervous on a bike. My meeting are only 5 to 12 miles from home. I have always loved Mustangs and have rented convertable ones for weekends with the wife. He will also take 1/2 in firearms trades, which I have some duplicates that I am willing to part with. It's also an AZ car. No A/C will force me to take mountain trips during the hot AZ summers.

How do you think this will run as a second car. Will it turn into a money pit? Please tell me honestly what you thing about this package:

-98,xxx original miles
-currently registered and insured as a collectible (no emmisons required)
-edelbrock rpm aluminum heads
-trick flow stage 1 cam
-1.6 crane gold rockers
-24lb FMS injectors
-65mm TB
-70 some mm mass air
-210 lph in tank pump
-4.10 FMS gears
-rebuild T-5 and new King Cobra clutch
-new poly motor mounts
-new power steering pump
-no A/C or smog
-white face gauges and auto meter oil/water/tach
-2 hoods, stock and a ram air cervani
-17x9 GT500 chrome rims, brand new BFG G force tires 275 rr & 245 frt
-all new brakes in front, calipers/rotors/pads
-aluminum FMS driveshaft
-trick flow push rods
-FMS lifters
-Bassani X pipe (of road)
-flowmaster american thunder cat back system
-chip and tune from AZ dyno chip