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Cobra Forums
The Terminator
Terminator Talk
WTB my first cobra soon. 2-3 months.
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<blockquote data-quote="ShaneCobra74" data-source="post: 15436931" data-attributes="member: 166246"><p>Forget $10k. I'd say $15-19k for what you are looking for. Financing is getting tougher as these cars get older. Just keep that in mind as you do your search. My finance company would loan up to $20k for anything less than 48k miles. Anything over 48K miles- the loan amount dropped. $20k was pretty generous considering the cars age, but in order to get the car I wanted, I had to pony up additional cash. </p><p></p><p>Its not very likely you will find a converted Cobra (to auto) in your price range. Most of those are purpose built cars which will have a larger price tag than your budget. </p><p></p><p>Some folks daily their cars and some do not. I, personally, do not daily mine. There are pros and cons to each side of the argument. </p><p></p><p>Consider the insurance premiums as well. Adding one Cobra to my policy was almost as much as my monthly cost to insure two older SUVs- combined. I think I pay about 1100/yr out here on the east coast, just for the Cobra.</p><p></p><p>I think they are the coolest Cobra SVTs Ford ever made, but they are older girls now. You have to be able to pay to play. As long as you considered these factors and have a plan, then I'm sure you will find what you are looking for. Good Luck!</p></blockquote><p></p>
[QUOTE="ShaneCobra74, post: 15436931, member: 166246"] Forget $10k. I'd say $15-19k for what you are looking for. Financing is getting tougher as these cars get older. Just keep that in mind as you do your search. My finance company would loan up to $20k for anything less than 48k miles. Anything over 48K miles- the loan amount dropped. $20k was pretty generous considering the cars age, but in order to get the car I wanted, I had to pony up additional cash. Its not very likely you will find a converted Cobra (to auto) in your price range. Most of those are purpose built cars which will have a larger price tag than your budget. Some folks daily their cars and some do not. I, personally, do not daily mine. There are pros and cons to each side of the argument. Consider the insurance premiums as well. Adding one Cobra to my policy was almost as much as my monthly cost to insure two older SUVs- combined. I think I pay about 1100/yr out here on the east coast, just for the Cobra. I think they are the coolest Cobra SVTs Ford ever made, but they are older girls now. You have to be able to pay to play. As long as you considered these factors and have a plan, then I'm sure you will find what you are looking for. Good Luck! [/QUOTE]
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The Terminator
Terminator Talk
WTB my first cobra soon. 2-3 months.
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