Take a very close inspection on the hatch (if it's a hatch), check out the 1/4 panels too. Rust is my main enemy when looking at a car. Definately check the body lines on the car to make sure they are equal all around. If they aren't, it's an indicator of an accident. I'd just have it checked out by a mechanic if you get the chance as well. Doesn't cost that much, and they can check some stuff real quick for you.
I've seen Positraction listed on the window sticker of a 1988 Mustang GT before.
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