Thanks for the reply. Yes, I have the seat out, gray plastic trim panel out, and lever boot off.
I just compared it to my '87 GT daily driver, and the release button is definitely pushed in and stuck in the release position.
I can push the smaller metal lever, inside the larger lever, to push out the orange release button, and then the lever will ratchet.
It must be the rust issue in the lever.
Do you think spraying with PB Blaster may help with a rust issue that may be causing the stuck in issue?
[This message has been edited by hdryder (edited 01-18-2014).]