I actually just found some information online after changing up my wording of the search. Assuming that this person is correct then this would all make sense. and sounds like I need some different interior panels for my 1988.....
"there were also changes to the rear interior plastics in the hatchbacks and in the coupes, the rear deck was modified as well.
Both of these areas were modified in 1990 due to the "new" rear seat belt deisgns (shoulder harnesses).
1) The coupe rear deck in 1990-1993 Mustangs is cut out to accomodate the rear seat belt retractors and the decorative pods that conceal them. The other part that changed very slightly is the mounting point on the rear interior plastics for the driver/passenger shoulder harness mount... I forget what year, but the hole that is cut out for the torx bolt in the B-pillar is mounted high on some cars and on other it is lower. Since the torx mounts high or low, depending on year, that hole may or may not match properly in your application...
2) in the hatchabcks, the rear interior plastics were changed in 1990 to accomodate the "new" rear seat belt retractors. The seat belt retractors now mounted onto weld in "shelves" behind the rear interior plastics. The plastics actually concealed the seat belt retractor. The seat belt would come through a hole above the rear speakers. If trying to mount pre 1990-1993 rear interior plastics into a hatchback, you will have to discard the weld in shelves, because the 1987-1989 rear interior plastics will NOT fit OVER the welded in shelves, because the design above the rear speakers is not that tall, such as the 1990-1993 plastics are designed. In prior Mustangs down to 1987, the seat belt retractor for the rear seat belts was mounted under the rear seat, in the far left and far right corners. Again, the hole that is cut into the rear interior plastics at the B-pillar, this too may be high or low depending on the year vehicle it was removed from.
Other than that, most interior components from 1987-1993 will bolt right in with hardly any modifications."