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WINNER ANNOUNCED: Mike M. of Washington took this one home on July 3, 2026. See what's live now →

Win a Triple-Black 1988 Mustang GT 5.0 Fox Body + $10,000 Cash

A triple-black, 63k-mile Fox-body GT given a proper coilover-and-chassis restomod — plus $10,000 cash to cover the tax bill and then some.

Last updated · Independent listing — GiveawayCars tracks this sweepstakes but is not the sponsor.

Est. market value

$30,000

Entry price was

$50

Entries closed

July 4, 2026

Drawn

July 8, 2026

Gallery

The build: what you're looking at

This is a 1988 Mustang GT — the Fox-body that's quietly become one of the most sought-after analog V8s of the era — finished in fresh triple-black with 63,000 original miles. It's not a survivor left stock; it's a restomod done in the right order. The pushrod 5.0L stays, fed by a BBK cold-air intake and breathing through a 304 stainless catback, but the real money went under the car: front and rear double-adjustable coilovers, sway bars at both ends, boxed lower trailing arms with adjustable uppers, a tubular K-member, and a bump-steer kit. A 3.73 helical (Torsen-style) differential puts the power down without the open-diff one-tire-fire these cars are famous for. SVE Cobra wheels in black on Nitto NT555 G2s finish the stance. Inside, it gets the two modern concessions Fox owners want: a head unit with Apple CarPlay and a backup camera, plus limo tint. The title is clean.

Why it matters & the fine print

Fox-body GTs have appreciated meaningfully, and clean low-mileage cars lead the climb. What makes this build interesting is that someone spent on the chassis instead of just chrome — the kind of money that's painful to recoup at resale but transforms how one of these drives. Be honest, though: a modified car, not a numbers-matching investment piece. Entry tiers start at $50 (Burnout), with $100 (Launch) and $250 (Redline), and a 15X multiplier during the promo. The free no-purchase route is real: a 3x5 card to Willertime Sweepstakes, PO Box 473, Macedon, NY — postmarked by July 3, 2026, worth 50 entries each. Runs April 24 to July 4, 2026 (EST), winner drawn on or about July 9. Eligibility: U.S. residents excluding Alaska and Hawaii, 18+, valid license to claim. The $10,000 cash is meant to soften the tax bill; the rules list no cash alternative to the vehicle. Willertime's rules state a ~$55,000 total ARV; our read of the comps puts the car closer to $28k-$32k, so factor your tax math against a realistic market value.

Spec Sheet

Year / Make / Model1988 Ford Mustang
TrimGT
Mileage63,000 miles
Engine5.0L V8
DrivetrainRWD
ExteriorBlack

The Mod List

  • +SVE Cobra wheels (blacked-out) on Nitto NT555 G2 tires
  • +Front & rear double-adjustable pro-coil (coilover) suspension
  • +Front & rear sway bars
  • +Boxed lower trailing arms with adjustable upper trailing arms
  • +Tubular K-member
  • +Bump-steer kit
  • +3.73 helical (Torsen-style) differential
  • +304 stainless steel catback exhaust
  • +BBK cold-air intake
  • +Limo tint
  • +Modern head unit with Apple CarPlay and backup camera

Why It's Special

Not a rare or numbers-matching car — a clean-title, low-mileage (63k) Fox-body GT given a full restomod treatment (fresh triple-black paint, modern chassis/suspension, CarPlay). The value is in the build quality and presentation, not factory originality.

Our value estimate

$30,000

The sponsor's official rules put the total ARV at ~$55,000 (vehicle + $10,000 cash), implying a ~$45,000 car — aggressive for a 1988 GT. Comps don't support that for the vehicle alone: a 1988 Mustang sold for $13,200 at Mecum Harrisburg (July 2025); the broader 1988 market runs ~$7,500-$45,000 with the auction high ~$71,500; recent modified low-mileage Fox GTs landed ~$24,000-$29,000. This car is clean-title, low-mileage, with a quality coilover/chassis build — call the car ~$28,000-$32,000. Adding the $10,000 cash, a defensible total is ~$38,000-$42,000, below the sponsor's $55,000.

Editorial estimate based on recent comparable sales — not an appraisal.

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Common questions

Can I still enter the 1988 Ford Mustang GT giveaway?

No — entries have closed (July 4, 2026). Browse the live giveaways board for sweepstakes that are open right now.

Who won the 1988 Ford Mustang GT?

Mike M. of Washington won this giveaway, announced July 3, 2026.

How much is the 1988 Ford Mustang GT worth?

GiveawayCars estimates the 1988 Ford Mustang GT at about $30,000. The sponsor's official rules put the total ARV at ~$55,000 (vehicle + $10,000 cash), implying a ~$45,000 car — aggressive for a 1988 GT.

Who ran the 1988 Ford Mustang GT giveaway?

It was run by Willertime. GiveawayCars is an independent directory and is not the sponsor.

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