Home » Cheap, Ugly, Loud, And Fun: 1988 Chevy Camaro IROC vs 1997 Ford Mustang GT

Cheap, Ugly, Loud, And Fun: 1988 Chevy Camaro IROC vs 1997 Ford Mustang GT

Sbsd 6 19 2025
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Today, we’re throwing any sense of decorum right out the window. Noise? Vibration? Harshness? Yep, we’ve got all three, in the form of two cosmetically-challenged V8 pony cars with five-speed manuals. They both run and drive fine, but boy, are they ugly. Get ready to do some burnouts.

Yesterday I showed you two nice little trucks, and as I expected, both had plenty of fans. Most of you favored the Ford, primarily because it was fuel-injected, it sounds like. That’s a valid reason, but I don’t think there’s any real reason to fear the Nissan just because it’s carbureted. Carbs worked just fine for decades before EFI came along.

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It was a tough call for me too, but my thinking goes like this: if I can’t have a full eight-foot bed anyway, I’d rather have some extra room in the cab. Single-cab compact trucks are awfully cramped inside. I’ll take the Nissan, and sell off the topper to recoup some cost.

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There are some things I think we’re meant to outgrow. That may sound funny coming from a guy with a garage full of toy cars, but look, this isn’t about me, all right? I’m thinking of things like Cap’n Crunch, or silly fashion trends. At some point, you just stop wanting them, and that’s a good thing. It shows maturity.

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But what about the thing you always wanted, but never got? Somehow, out of the thirty-five or so cars I’ve owned in my life, not one of them has had a V8 paired with a manual transmission. Nor have I had, despite being a fan of both of them, either a Camaro or a Mustang, of any description. I’m old enough now to realize I’m probably not missing a whole lot; such cars are usually coarse, cheaply-made, and not very appealing to drive every day, at least not in your fifties with a bad hip on one side and a bad knee on the other. Still, I look at cars like these, and I can’t help thinking I should own one someday, just to see.

1988 Chevrolet Camaro IROC-Z – $5,000

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Image: Craigslist seller

Engine/drivetrain: 5.0-liter overhead valve V8, five-speed manual, RWD

Location: Bartlett, IL

Odometer reading: 70,000 miles

Operational status: “Can definitely be used as a daily”

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Seeing this car with an old-style Illinois license plate on it makes me think of high school. Our Big Man On Campus, a meathead straight out of a John Hughes comedy, whose name I can’t even recall, drove an electric blue IROC that we were all envious of – though I secretly made fun of him because it was an automatic. I can’t imagine he has weathered the years well; guys like that usually don’t, and if the car is still around, it probably looks a lot like this one.

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Image: Craigslist seller

Unlike the meathead’s, this IROC is optioned properly, with a tuned-port fuel-injected 305 V8, a five-speed manual transmission, and a 3.45:1 Positraction rear axle. It would probably get beaten by a Prius in a drag race today, but in 1988, it was the hot setup. It’s only on its second owner, and has just 70,000 miles to its name. The seller has done a bunch of work to it to bring it back up to snuff mechanically, and it now runs and drives just fine. It is a little loud; it has a crack in the exhaust somewhere that needs fixing, but a little extra V8 noise isn’t the worst thing in the world.

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Image: Craigslist seller

It’s all original inside, and in very nice shape, actually. I clicked on this ad expecting to see the typical trashed interior that so many used third-gen Camaros suffer from, and instead, I saw this. The upholstery looks good, the carpet is a little dirty but not bad, and check out that period-correct car phone. The seller says the radio no longer works, but I’m not surprised. Those old Delco stereos had a finite life. An aftermarket system will have you blasting Def Leppard out of it again in no time.

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Image: Craigslist seller

There has to be a catch, right? Yep. There is, and it’s one that residents and former residents of the Great Lakes region know all too well: rust. It still looks structurally sound underneath, but the front fenders and door bottoms are pretty rough, though mostly just on the passenger’s side. The driver’s side still looks all right. This one is never going to be a collector’s item. But it’s also not about to snap in two tomorrow, so you could just ignore the rust and enjoy it.

1997 Ford Mustang GT – $2,800

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Image: Craigslist seller

Engine/drivetrain: 4.6-liter overhead cam V8, five-speed manual, RWD

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Location: Lewisville, TX

Odometer reading: 118,000 miles

Operational status: Runs and drives well

The meathead’s rival, of course, drove a Mustang, a maroon 1987 GT model that I liked better than the blue IROC because it was a manual, which my “Chevy guy” friends thought was scandalous. The Camaro-Mustang rivalry was still in full swing in those days, and there weren’t many people as agnostic on the matter as I was. I’ve always liked them both, and which one was “better” in my opinion went back and forth over the years as the two cars evolved. Back in ’88, I would have preferred the IROC – but only with a manual. But in 1997, there was no question: the Mustang was king.

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Image: Craigslist seller

For its first couple of years, the SN95 Mustang carried over the old “five-point-oh” V8 from the Fox-body era. But in 1996, Ford replaced it with the 4.6 liter overhead cam “Modular” V8. It made 215 horsepower – less than the contemporary Camaro Z28 – but it came with a regular old Borg-Warner five-speed manual instead of the dumb “skip-shift” six-speed in the Camaro. This one may or may not be stock; at the very least, it has an aftermarket aluminum coolant expansion tank and a K&N air filter. The seller says it has no mechanical issues, but doesn’t go into any details.

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Image: Craigslist seller

This is what makes me suspect the engine in this car might not be stock: it has Corbeau racing seats. This is the only photo of the interior, so I can’t see what else might not be stock. The seller does say that the air conditioning works, which is something.

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Image: Craigslist seller

It looks a bit rough outside; the front bumper and fenders are in primer, and the rest of the paint isn’t in great shape either. The hood has been replaced, I think; it looks like it used to be white and was painted flat black. There’s a good chance this car was in a minor wreck up front – which, now that I think about it, might account for the aftermarket coolant tank. It might have been cheaper than a genuine Ford plastic one. A good, careful inspection is in order, I think, to look for other signs of damage.

It seems to me that if you want a car like this just to play with and see what it’s like, this is the way to go: look for a scruffy one that runs well, and you’ll spend a lot less on it than a nice shiny one. You can’t see the outside from the driver’s seat anyway. So here are your choices: a highly original but somewhat rusty Camaro, or a potentially modified and possibly wrecked Mustang. What’ll it be?

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But youve seen it run
But youve seen it run
23 days ago

Th Camaro is overpriced.

ADDvanced
ADDvanced
26 days ago

Based on the cars, I would go IROC.

After seeing the condition and rust, I would go Mustang.

Jesse Lee
Jesse Lee
27 days ago

The IROC-Z Camaro was an iconic car. The SN95 Mustang is a forgettable jello-blob. Of course I’d go for the former. The rust thing is going to take some work of course, but the rest of the car is honestly not too horrible.

Myk El
Myk El
28 days ago

Nope.

ColoradoFX4
ColoradoFX4
28 days ago

Cleaning up a suspect interior is easier than cleaning up rust. Mustang.

It's Pronounced Porch-ah
It's Pronounced Porch-ah
28 days ago

Mustang because I think I could find some junkyard seats/interior bits to swap in, maybe try a foam roller paint job or driveway respray and you could have a fun 20-footer. I can’t fix that Camaro’s rust and wouldn’t be able to live with it, but rust free the IROC would definitely be my choice.

Trust Doesn't Rust
Trust Doesn't Rust
28 days ago

Man, I really miss those old Illinois plates. They look so much better than the current “Creeper Lincoln” design.

Jeff Elliott
Jeff Elliott
28 days ago

If the Camaro had T-Tops and wasn’t disintegrating in front of our eyes I’d go for it.

That being said – 215hp out of a V8? That just feels like punishment.

M. Park Hunter
M. Park Hunter
28 days ago

My brother had an ‘87 Trans Am with the 305/auto. The “arrest me red” paint was the only thing putting it in jeopardy of the law, because the powertrain was slow as syrup. And I’ve been burned by malaise-era GM too many times.

I’ll take the ‘Stang with the much more modern, much more reliable motor and no rust. A weekend with a paint can will solve the cosmetic flaws, at least from 20’ away.

Manwich Sandwich
Manwich Sandwich
28 days ago

Mustang for me. It’s cheaper and has less rust.

SirRaoulDuke
SirRaoulDuke
28 days ago

I’m going to pass on both, and spend a lot more of my pretend money on a pristine Trans Am GTA with the cool gold wheels and the 350.

SAABstory
SAABstory
28 days ago

IROC due to the interior. These days I’d rather work on exterior and mechanical than mess with interior. I’d offer less than 5k for sure. As for the Mustang? Racing seats in a car tells me it’s been a fun toy. Not everyone takes care of their toys.

Top Dead Center
Top Dead Center
28 days ago

Whenever I see IROC I think- I wanna rock, I wanna rock right now!

Xt6wagon
Xt6wagon
28 days ago

4.6 in the camaro for mustang price.

Drive By Commenter
Drive By Commenter
28 days ago

Mustang. GM products designed in the early 1980’s rust right off the showroom floor. The intervening years won’t be kind to those fasteners. Well, not like Ford was much better.

Alpinab7
Alpinab7
28 days ago

I voted IROC. I can’t say why because I don’t know.

Gene1969
Gene1969
28 days ago

I picked the IROC because of the Mustang seats. I have some dignity. Not much considering the choices here, but some.

Bill D
Bill D
28 days ago

I want the Camaro, so I can tell everyone how my parents drove it up here from the Bahamas.

Altidude
Altidude
28 days ago
Reply to  Bill D

I’d get it just to do donuts on your lawn.

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