Bear in mind where your Mustang is based. Is it England in WW2? If so then the surface it was parked on would be concrete in most cases. That's no problem though. Stay with the wet'n'dry, cut it into squares around of four inches or so (for a smaller scale use smaller squares) Spray them in a light grey primer. Stick them to your base leaving a small gap all around for the expansion joints. Fill in the joints with thinned matt black paint (it won't matter too much if you go onto the 'concrete'.
Now 'weather' the concrete, spillages of oil, tyre marks (dark pencil lines) general dirt, pencil in some cracks,etc etc. Go have a look at some concrete road or parking area's. When you're happy, spray on a coat of matt varnish.
A good base can enhance your model.
Pete