Ok, I know I should know better, but I still am tempted by the idea of a 5-speed 3rd generation F body. I am aware that (unless it is modified or I get really lucky) it will have to have the 305, which I am ok with. I started looking at Trans-Am’s but found a couple of Formula Firebirds that might fit the bill:
http://orlando.craigslist.org/cto/1943858681.html http://orlando.craigslist.org/cto/1946507611.html
I am more inclined to the black one as it looks more original and appears to lack T-tops which I would rather avoid. I found out that all Formula’s of that vintage have WS6 suspensions, which surprised me because it was optional on the regular Trans Am (but standard on the GTA). So a Formula has all the performance parts of a Trans-am, just not all the appearance and luxury stuff.
The purpose of the car is just to have a fun cheap car I can drive, work on, and autocross on the weekend. I have already owned a 2nd gen. and 4th gen F-body, plus an ‘89 C4 corvette, so I have experience with the older, newer and faster versions of this car if you will. Plus of course I have ridden in plenty of these ‘back in the day’ so I kinda know what to expect.
Now the downside – I have heard that the 305 is a wheezer, the body is flexible (although the slicktop would be better in that regard) and that the rear end is marginal and no cheap junkyard swaps will work. I don’t plan on doing anything expensive in the way of upgrades, maybe just suspension and exhaust. I don’t want to end up with the worlds most expensive 88 Formula when a few bucks more would get a decent C4.
So the question is – would you or wouldn’t you? If you wouldn’t – what would you suggest? Is the contemporary 5.0 mustang a better bet?

