whatever you do…stay away from 94-95 GTs. The 5 liter just wasnt the same in that body style…They are SLUGS.
i’m telling you, look around for '96-'98 cobras… saw an immaculate white '97 with stick in johnsonburg, PA once for 8k on a used lot ~6mos ago with 80k on the clock. unreal, thought i was gonna steal it. my co-driver was so pissed that i stopped to look at it at 5am after 10hrs of driving, but man…
i’m a sucker for white cobras with stick. just ask 87fox 
I am not set on the Mustang…but I do know what more about them having owned 4 of them in the past then I know anything about LT1 cars. Not ruling it out by any means.