1993 Cobra R - $132K SOLD at Barrett Jackson
- Thread starter MorganWorth
- Start date
That surprised me too when I watched it. It had less than 500 miles on it. I might have paid the same for it
MorganWorth
Active Member
No, this one was sold at Mecum Kissimmee in 2016 for $66K.
Pretty decent return.
even if I had FU money I can't see where I would spend that on that car.
And I am sure many people thought he was nuts paying $66K for it then!
Curt@injected
Well-Known Member
Ya love those cars but that number is insane
Totally shocked at the amount as well! 
It’s nice to see Rs pulling in big money though. There was an article on the 2000 Cobra R quite awhile ago discussing its collectibility and future value. The author said something along the lines of: “Don’t say I didn’t warn you when values of the 00R hit $250,000!”
It’s nice to see Rs pulling in big money though. There was an article on the 2000 Cobra R quite awhile ago discussing its collectibility and future value. The author said something along the lines of: “Don’t say I didn’t warn you when values of the 00R hit $250,000!”
I watched it on MTTV. The hammer was $120,000 and the buyer's premium made it $132,000. Impressive number.
Someone didn’t know what they were doing. I believe that is the highest price ever paid for a 93R. Nice car, but no f-in way would I pay anywhere near that for a 93R. I like the 00R way better. I would be ok with the 00R getting to $250K
I sold my first 93R in 2007 for 80K. At the time they were trending towards 100k. My car then was a 65-mile wrapper. The recession hit, and it’s been a slow climb back to pre-recession levels...Regular 93 Cobras under 7000 miles are selling in the 40’s+. So comparatively, with only 107 Rs vs almost 5000 Cobras produced, prices of the R approaching or exceeding 100,000 makes some sense.....Most of the R models have found permanent homes in collections and will not see the light of day again.....Other than a recession knocking the price down again, all of the R models will be appreciating in price....due to the low numbers made and their special niche in Mustang history.....
The history with pricing on the 93R is somewhat sorted. There was a time when the market for them appeared to have been manipulated driving the price up towards $100K, but then the bottom fell out of that scenario and prices fell back to $50’s. Prices stayed in the $50’s until very recently and within the last 3-4 years. Prices could be going up, but I think this one is clearly a situation where someone didn’t want to be beat out at an auction and simply had to have it and pounded his chest all the way to the finish line. Congrats to the Seller. He did VERY well.
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pleased to see the 93R going back up in value and getting some media attention
I guess you are pleased. You own #23 and Tim owns #42. I've been a passenger in both of these great cars.
Goose, I'm surprised you don't have a '93 Cobra R by now.
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