tbh i really don't like the 07 mustangs, for one the design seems too bland. I'd prefer the mustangs from the 60-90's over the newer ones. Also ignore my post on "shelby's" because i didn't realize that you only had a few grand to spend.
I wouldn't know... I'm more of a Camaro fan... Camaros and Mustangs are pretty much a rivalry of cars...
I have a '96 'vette, and a friend of mine has a '97 'stang. They both do about the same on gas. It really depends on what you want in a car. I don't know about insurance where you live, but where I live (Ohio) insurance on the Corvette is cheaper.