That's not what you'd expect, when looking up Cougar. But, at that price, if it's as good as advertised, that's a bargain, if there ever was one
I can't tell if that is a rust spot that has been covered up behind the driver's rear wheel or not. This thing is all fox body Mustang underneath so the possibilities are endless with what you could do with it. I never cared much for this particular body style, but who cares at that price.
Just look at what Nelzltdwagon did to his...full Mustang drivetrain conversion on a mid-'80s LTD II wagon...and it's one caliente pepper!