5.0 Mustang & Super Fords
1993 Mustang Fox Coupe - CashCoupe
Jay Willey's 408ci Calypso Coupe Was A Cash Magnet
One thing we've learned in this game is that every Mustang is for sale. You may not be driving with "For Sale" signs taped to every window of your Mustang, and even if someone was to walk up and ask how much you want for your Mustang, you wouldn't have a clear answer. As a matter of fact, it would probably take a few minutes to come up with a dollar amount. However, everything has a price, and especially in this day and age, money talks.
Take Jay Willey from Dundalk, Maryland, for example. There's a front- and back-side story to Jay's coupe, so stay with us.
Jay first saw this car while driving home one afternoon. "I followed the car into a gas station," Jay says. "[I] pulled beside the owner and asked if he wanted to sell the car." As Jay puts it, an older gentleman owned the car, and he was used to getting that question. "I get that a lot," said the gentleman. "But I don't really wanna sell it." However, the man gave Jay his number and said to call him in a few weeks if he was still interested in the car. Sure enough, Jay was still interested three weeks later, so he called back, only to find out the owner's in the hospital and not doing well. The owner's wife says the car is for sale for $4,500, and Jay wastes no time in picking it. That was January 12, 2004.
"Since that day the car has been a big part of my life because I'm always doing something to it," Jay says. At the time of purchase, the coupe boasted a Ford Racing Performance Parts E-cam, high-flow catalytic converters, and 3.55 gears. Since then, the little 5.0 gave way to an A.H.M. Performance-built 408ci Windsor backed by a Tremec TKO 600. All the while, Jay made sure to not butcher the car in the process. As a matter of fact, Jay says the 8.8 rear, K-member, A-arms, and subframe connectors were all powdercoated black. He also hid all the wiring in the fenderwells. From humble beginnings, Jay has taken this coupe into the mid-10s on pump gas, but it's equally at home in a car show.
Remember us talking about every Mustang having its price? It seems Jay wanted to go in a different Mustang direction and try an '03-'04 Cobra. He ran across a screaming deal on a Terminator and was ready to pull the trigger, but the coupe needed to be off-loaded in order to make the deal happen. Your author heard from two friends looking to possibly purchase Jay's coupe. First was Tommy Newcombe from New York looking to replace his totaled Fox coupe. Tommy decided to go with a different Mustang since all he really needed was a roller.
The next Mustang freak I talked to about Jay's coupe was Michael 'Geezer' Kangiser out of Acworth, Georgia. Geezer had recently sold his Fox GT and a Z06 so he needed a new toy. Geezer couldn't make up his mind since he was looking at several Mustangs at the same time. In the meantime, unfortunately, the Cobra Jay was looking at sold. For that reason, Jay decided to hold on to the coupe. Even after Jay told me he was going to keep the car, Geezer called me wanting some input. Having seen Jay's coupe in person and not the other cars Geezer was looking at, I could only give him firsthand information on Jay's car.
What's more, the other cars Geezer was looking at bordered on street-tire-wearing race cars-something he didn't need at all. Having been in this Mustang game for several years, I told Geezer Jay's car was perfect for him because it was a car he could buy and drive right now. His former GT was way over the top and not practical on a daily basis. However, Jay's coupe was a car Geezer could jump in and ride out.
Well, Geezer took our advice, and the car left Jay's possession just as he came into owning it. The previous owner didn't really want to sell the car, and the same was true for Jay. The power of the almighty dollar was too much to turn down, so Geezer is the current owner of this Calypso coupe, and Jay is picking up the pieces looking for another Fox.