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The Terminator
Terminator Talk
2004 Cobra - Good Deal?
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<blockquote data-quote="Fox 5.0" data-source="post: 16866684" data-attributes="member: 146319"><p>All great points. I did do some more research and I still feel like even verts are going closer to $30k in my area (the very few Terminators even available). I'm not saying any of you are wrong and i'm not just tossing your advice out the window, but I think what my biggest concern is the comment about pricing being at a plateau or peak. I was really hoping these cars would become 'collectors' cars in the future and pricing to continue to go up. </p><p></p><p>My original original plan was to buy a beater Fox body and slowly fix it up like I did with my '90 (spent 10 years working on that one), but prices for those have shot up so much i'm already spending $10-15k on something that needs another $10-15k put into it, so I feel like i've 'missed my chance' on that idea. I was hoping not to 'miss my chance' on this 2004 before prices shot up even more (see comment above). And about my comment about not having a ton of time... that is true. But this won't be my only vehicle, if its down its down. I was planning on spending years fixing up a Fox body - a slow passion, lol. What I do know is if this one doesn't end up happening, I will buy something.</p><p></p><p>Since i've been in high school i've always had a Mustang and I've loved modding them and tinkering with them. I sold my 98 Cobra in 2015 and have been without one since so the itch is strong in me, ha ha. </p><p></p><p>I guess the point of this thread has come to fruition, you experts are making me second guess this purchase, which may be a good thing. I may be relegated to looking for a clean 94/95 GT/Cobra as I do have a soft spot for the SN95's as well and prices still seem reasonable. My daughter takes up a lot of time now (she's just over 1), so i'm prepared for any Mustang I get to take time making it my own.</p></blockquote><p></p>
[QUOTE="Fox 5.0, post: 16866684, member: 146319"] All great points. I did do some more research and I still feel like even verts are going closer to $30k in my area (the very few Terminators even available). I'm not saying any of you are wrong and i'm not just tossing your advice out the window, but I think what my biggest concern is the comment about pricing being at a plateau or peak. I was really hoping these cars would become 'collectors' cars in the future and pricing to continue to go up. My original original plan was to buy a beater Fox body and slowly fix it up like I did with my '90 (spent 10 years working on that one), but prices for those have shot up so much i'm already spending $10-15k on something that needs another $10-15k put into it, so I feel like i've 'missed my chance' on that idea. I was hoping not to 'miss my chance' on this 2004 before prices shot up even more (see comment above). And about my comment about not having a ton of time... that is true. But this won't be my only vehicle, if its down its down. I was planning on spending years fixing up a Fox body - a slow passion, lol. What I do know is if this one doesn't end up happening, I will buy something. Since i've been in high school i've always had a Mustang and I've loved modding them and tinkering with them. I sold my 98 Cobra in 2015 and have been without one since so the itch is strong in me, ha ha. I guess the point of this thread has come to fruition, you experts are making me second guess this purchase, which may be a good thing. I may be relegated to looking for a clean 94/95 GT/Cobra as I do have a soft spot for the SN95's as well and prices still seem reasonable. My daughter takes up a lot of time now (she's just over 1), so i'm prepared for any Mustang I get to take time making it my own. [/QUOTE]
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