Well a few things were wrong with the car the 01...
An oil leak confirmed by a mechanic, plus the check oil guage low oil pressure on the information drivers console is beeping that and wont go off, I noticed the gauge also is not moving even when you turn the car off. So it seems it is just the oil sensor module might be bad. But my deep gut tells me to not do the deal with this car, I don't know why but I just don't feel right giving up a paid for mustang for a car with high mileage and problems like this one has. So I am still on the lookout for a better deal.