I've seen an article that had an 87 LX 5.0 5-speed, racing a GN, both were running low 14's stock. The Mustang ended up nicking a high 13, and that was bone stock with 2.73 gears. An LX with less options is faster than a fulley loaded GT. I know what you are saying though. My 93 SHO ran a 15.08. But it was not nearly as fast as my 89 GT. Which would run mid 14's spinning on stock tires. But the mid 90's GT's were slower, and were in the 93-95 5-speed SHO range.
The 87-93 gt's manual version ran 14.4-14.9's. I know this because my brothers bone stock 1993 gt rang 14.5 with stock tires at Milan. We all know Milan's track sucks. They were really underrated.
Automatics ran 14.9+ and the automatic convertibles ran mid to high 15's.
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