Didn't factor the interior.
Didn't factor the interior.
Rare does not always mean desirable. Parchment interior fits that MO
I didn't buy a SB 8k mile stock coupe a couple years ago over price 34k and it sold the same day. I have not seen one that nice again.
That's a pissed off looking Roadster right there. Nice!If convertibles arent your thing then wait for the car you want whether it be comp orange or not. Buy the car that makes you feel alive.
I love my convertible. I love the lines of the car with the top up. The top down on a perfect evening sky is priceless. Its put a smile on my face and that feeling of being alive enjoying life.
Now ive modded mine over the years with different power adders and currently a hellion single turbo convertible. The fun factor went up 100x. 1 of 72 isnt really a factor where i live because just seeing any colour terminator is like seeing a unicorn in these parts. There just isnt many in my city or Canada alone.
I knew i would eventually get a coupe to add to the garage and found a low mile pullied only coupe. So now the mods begin for that car. I love the lines of both cars. They both look sexy as hell in my opinion. Both are panty droppers lol. If you’re not into the lines of the convertible then wait for the car that you want. Trading a notch for a car you’re not 100% into is rolling the dice to me.
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You got a great deal. Sb and CO are desired colors that bring good prices if they are good cars. Alot of MC owners bought them as collector cars so there always seems to be nice ones availablewow that is amazing. in 2012 i bought my buddy's sb coupe that he bought new (intake/catback only, and he kept it immaculate in & out). it had 10.8k and i paid $25k. so it sure sounds like prices really have been going up over the last few years.
And that's for a 20k mile car. Good number.Well, looks like it just sold on EBay for $33,300.
Carguy much?Buy a Cobra because it's something you really want and will enjoy, not because of what you will think it'll be worth one day. I'm sorry, but you guys are delusional if you think any of these cars are a good investment no matter how rare they might be. Let's look at the numbers to prove it out:
2004 Mystichrome Cobra Convertible (new): $40,000
Annual cost of ownership (conservative estimates)
Insurance: $750
Maintenance: $100
HVAC for Garage: $300
Cost of garage: unknown, but pretty significant if it's part of your home or an addition
Total: $1,150
Let's assume once these cars are 50 years old that's when they're going to be worth "big money" and we're all going to be rich (lol). $40,000 + 50 x $1,150 = $97,500 total investment.
Now, lets say instead I take that $40K and put it in an S&P 500 fund, assuming a conservative return of 7% and each year I deposit $1,150 in that account. You know what that amount is in 50 years????? $1.8 million dollars! I love terminators just as much as anyone here, but sorry, 99.99% of Mustangs of any model are not going to make you that kind of money.
Shorten the time period to 15 years (2004 - 2019), all else equal, your investment would be worth right around $144K. I don't see any terminators coming even close to that. Maybe in 35 more years you'll get $150K, but still far less than what you could have.
I can A/C to my garage for $300? I need to jump on that. I could've used it the last couple of weeks.
And my original question was not about getting it for an investment, but the current value, as it was proposed to me with cash for a trade. I was only considering and getting opinions as there are Vert fans and the fact of 1 of 72 in this color that may allow me to get a coupe out of ones hands.
And yea, wish I could do HVAC in my garage for $300, I've been sweating my ass off trying to detail my cars! Tell me how/where!
wait it only costs $100 in maintenance for these cars? I've been getting raped severely for years then.
Buy a Cobra because it's something you really want and will enjoy, not because of what you will think it'll be worth one day. I'm sorry, but you guys are delusional if you think any of these cars are a good investment no matter how rare they might be. Let's look at the numbers to prove it out:
2004 Mystichrome Cobra Convertible (new): $40,000
Annual cost of ownership (conservative estimates)
Insurance: $750
Maintenance: $100
HVAC for Garage: $300
Cost of garage: unknown, but pretty significant if it's part of your home or an addition
Total: $1,150
Let's assume once these cars are 50 years old that's when they're going to be worth "big money" and we're all going to be rich (lol). $40,000 + 50 x $1,150 = $97,500 total investment.
Now, lets say instead I take that $40K and put it in an S&P 500 fund, assuming a conservative return of 7% and each year I deposit $1,150 in that account. You know what that amount is in 50 years????? $1.8 million dollars! I love terminators just as much as anyone here, but sorry, 99.99% of Mustangs of any model are not going to make you that kind of money.
Shorten the time period to 15 years (2004 - 2019), all else equal, your investment would be worth right around $144K. I don't see any terminators coming even close to that. Maybe in 35 more years you'll get $150K, but still far less than what you could have.