The used Cobra market is insane to me. No way I'm buying a 14 year old car with 90k miles for like 17 grand when it was only $32k new. Hell, the 11-14 GT depreciation is approaching the level of '03 Cobras now, some of them are the same price!
A base Vert was $38,995 in 2003.
That is $51,149 today.
If you bought a 2001 Cobra or a 2003 GT, you'd easily drop $10,000+ to give it a S/C, forged short-block and a T56. On a GT you'd still be missing the brakes, interior and exterior cosmetics.
Have you seen MKIV Supra pricing?