HELP ME...COOLING PROBLEMS NOW!

Im driving home from the dealer and the car starts to overheat! I look over at the autometer, and its at 250*! So i shut it down and looked over the motor, there was plenty of coolant, so my dad told me the thermostat probably got stuck so i whacked it with a small hammer, and it started to cool off slowly as i drove. So then im looking at the reciept from Ford and it says i have a nail in my tire and theres a slow leak...but they didnt tell me, and they didnt offer to fix it at the dealer. So i go to firestone, get the nail out, and then i go to leave and i thought well maybe the cooling fans just arent working. But i checked, and they were turning on at 212* like they should. Well i drive back to my friends house where im staying, and shut it off. Go inside and eat and my dad calls. He tells me to drive it around the block a few times and see if the fan keeps cycling like it should. Well it does for about 10 minutes...they come on at 212, it goes to like 215ish, then it comes back down to 210, and keeps doing that. Then after about 10 minutes, it just started climbing to 245 where i shut it down. Any ideas here?
 
Sounds like a bad thermostat to me, my buddy had basically the same thing happen in his truck and after swapping the thermostat its fine. Other than that, maybe the water pump not moving enough coolant into the motor?
 
Well i think i figured it out...i did a search and found a thread from 2004 where people were having overheating problems after they had their "cooling fan relay" recall. Some people said just to take the relay out, so i just took it out, reconnected the wires to they way they were, fired it up, and drove around for about 15 minutes. It never left 210* where it always runs at whether its 20* outside or 100* outside. I owe most of my mustang knowledge to stangnet. I know this may sound sissy or whatever, (fck you if you think that), but i thank you guys from the bottom of my heart. You guys always help me out so much, and get me out of so many jams. Thanks:nice:
 
good to hear, man.

if it's the thermostat, at least you can get a good one for about $10 (i use the hi-po Mr. Gasket piece) and the gasket for $.99--might be worth changing if your'e bored/want peace of mind.