You can probably get a nicer contour than mustang for the money. Plus gas and insurance are probably a bit better with the contour. But it really comes down to if you like turns or straight lines, and how far you plan on modding.
98.5 SVT
91 Escort GT (almost sold)
96 ATX Zetec (i brake to watch you swerve)
FS: SVT rear sway bar
WTB: Very cheap beater
CEG Dragon Run - October 13-15