Just dont forget that the meanest thing you can do for looks is to drop it and get some fat 315s out back.
My little checklist would look like this (limited for money sake):
Exterior
1. Springs (Ford Motorsport C-springs $110 bucks)
2. Wheels (I like your thinking with the FR500s. Awesome, but NO white)
3. 315s out back
-If you can afford it- Headlights and cobra R hood
Power
1. Offroad pipe and mufflers. Forget headers. They are NOT worth the money when you are on a budget. Forget SLP. Most people are going to tell you they sound just like a truck with straight pipes. Get some flows. Cheap and sounds good.
2. Gears
-No other bolt ons are worth it when on a budget.
Just remember its not going to be worth putting a bunch of money into little performance mods cause its not gonna be fast no matter what. You gotta really dig into the motor or get a power adder to do anything worth while. Thats why I say make it sound good and get some gears so its not a complete joke and save the rest of your money to do something worth while.![]()
I second the flows. They can be had off ebay for less than $70/ea (40-series "Original Flows"). Arguably one of the best sounding mufflers you can install on a 5.0.





And yes that is a cool looking car.
