Thoughts on this Cobra...possible buy??

[Moco cobra]

I posted for the first time a month or so back regarding advice on 2 different cobras that I was interested in. Well, neither car worked out. So, not being in a rush to go out and purchase a cobra that wasn't exactly, or real close to what I'm looking for (low mileage, stock or bolt on's, nothing too built)...I have patiently waited to find another car that fits said description. So here I am back for advice lol...mainly just concerning $ as the car is mechanically stock other than a triax shifter. Asking $11,900. I'm thinking more in the $10,500 ball park. Thoughts?

Car: https://eastnc.craigslist.org/cto/6198501936.html

 

[jgt58]

That car has been on Craigslist for about 8 9 months. I live in Knoxville and see it on Craigslist all the time

1996 mustang cobra... many mods...

 

[Moco cobra]

That car has been on Craigslist for about 8 9 months. I live in Knoxville and see it on Craigslist all the time

1996 mustang cobra... many mods...

Huh...well it was posted in Eastern NC 3 days ago so I've just recently come across it. Maybe people scared of the price? $12k seems a little high for a bone stock 96' w/ 45k. I doubt it would still be for sale if it was nicely modded w/45k.

 

[jgt58]

Yeah I'd say 9 k cash would snag it

1996 mustang cobra... many mods...

 

[Moco cobra]

Yeah I'd say 9 k cash would snag it

1996 mustang cobra... many mods...

If he let it go for anywhere near that low I'd be very happy. I was thinking more in the 10-10,500 range.

 

[jgt58]

Start at 9k

1996 mustang cobra... many mods...

 

[Tillerman77]

Not quite your area or car mileage, but a pricing curve from CarGurus that might give you some perspective:

Link

 

[Moco cobra]

Not quite your area or car mileage, but a pricing curve from CarGurus that might give you some perspective:

Link

View attachment 94129

Jeez...I've looked at A LOT of cobras in the past 6 months or so and that seems pretty damn steep. 100k mile cars bringing $10k on average?

 

[PaxtonShelby]

I'd think you could find a much better deal on a car with more performance and better chance for appreciation.

A few years ago I bought a built 94 Cobra 347 stroker - completely sorted and upgraded from front to back - for $8,500. Car ran 11's easy. Drove it for a year and got my money out of it. Only reason I sold was to help buy my '14 GT.

 

[Tillerman77]

I am not justifying the pricing - just providing another source of information.

I bought a 97 Cobra PG coupe with 66K last Fall. Completely stock and very nice condition for $7K.

 

[Alegend123]

Whatever happened to the black one you were looking at in Suffolk??

 

[Moco cobra]

Whatever happened to the black one you were looking at in Suffolk??

It wasnt 100% what i was looking for...4.30 gears, etc. So I kinda put it on the back burner and figured I'd buy it if i didn't find something i liked better. It sold soon after my last post.

 

[jmsa540]

moco, shoot me a PM, I think I can more than help you.

 

[jgt58]

Just found a low mileage bone stock one with black interior for 4k

1996 mustang cobra... many mods...

 

[Moco cobra]

4k? Doesn't that seem fishy low for any clean title Cobra, let alone a lowileage one? Where is it at?

Sent from my Z963VL using the svtperformance.com mobile app

 

[98SVTContour98]

It wasnt 100% what i was looking for...4.30 gears, etc.

I have 4.30s....4.30s FTW!!!!!!

 

[IamRacerX]

Guys, imo mileage is a joke in the sn95. They all suffer broken odometer gears at some point, making their mileage inaccurate. Just a point from a former sn95 guy. If I were in the market, I wouldn't be to impressed with low mileage on the odo. A straight clean car would highly out weigh low mileage.....