Looking at a mustang, need opinions/advice

[shamrock216]

I'm going to look at this Mustang on Sunday if our schedules match up. Im taking a friend with me that is much more knowledgeable than me so that should help. I just wanted to here some opinions and hear any advice on what to consider and look for...

Here are the details..
1999 Silver Mustang GT with an 04 cobra conversion. The car has approx. 132,000 miles on it. Cobra block and internals have about 10k miles on it. Heads and intake came off of a brand new 04 Mach 1 crate motor. T-56 6-Speed. 12 lbs Pro Charger with 3 core inter cooler. All of this was done about 2 years ago. The Mach 1 parts, Pro-Charger, and T-56 were brand new going in. The Cobra block had about 4k miles on it. Pro-Charger had 3 year extended warranty on it. So basically the entire drivetrain is new. I have the dyno sheets, and a clean carfax report. Has never been wrecked.

Car puts down 443 with pump gas on conservative tune. Race gas and aggressive tune puts down over 450hp. That’s about 500hp at the crank.

Car also has complete set of 03-04 cobra leather and suede seats. MP3 Sony CD, Ford factory alarm. Title in hand.

Other mods include

K&N air-filter
Steeda Tri-Ax Shifter
Steeda Clutch Adjuster Kit
Steeda Sub-Frame Connectors
Steeda 3-Bolt Caster Camber Plates
Ford Racing 3.55' rear end gear set
Ford Racing Aluminum Fly Wheel
Ford Racing 39# injectors (Blue)
BBK 1.5” Hi-Performance Lowering Springs
BBK Heavy-Duty Upper & Lower Control Arms
BBK Ceramic Coated Long tubes
Tokico Illumina 5-Way Adj Front Struts
Tokico Hi-Performance Rear Struts
Ram HD Performance Clutch Kit
160 Degree Thermostat
2000 Mustang Cobra R hood
9 qt High Performance Oil Pan
SCT Performance Chip
Cobra Brakes with Red Power Coated Calipers
13” Power Stop Rotors
Stainless Steel Brake Lines

Comes with extra rims with 2 275/40/ZR17 Nitto 555R Extreme Drag Radials and new 5 inch autolight tach that matches the side pods.



Only interior problems are worn carpet around the pedals and needs new trunk mat.

There are a few rock chips on the hood. Will need an alignment and front tires.

Runs fantastic, sounds awesome, a/c and heat work great, has all the options, power everything, tilt, cruise, etc. I calculated the mileage on the highway and it got around 22-23 mpg.

Price is firm at $10,500, no trades, no free rides. This car will get squirrely in 1st,2nd, and 3rd easily.

Craigslist ad...
http://tulsa.craigslist.org/cto/886747619.html

I apologize to the owner if this causes any problems for you, I didnt see it listed on this forum for sale so I figured you were not on here..

 

[Common]

wow, IF that is all true, it sounds like a steal to me.

A decent gt will run you that much alone.

 

[Don Juan]

The price s too high man, keep looking. :-D









J/K That does sound like a steal.

 

[shamrock216]

Ya it seems like a good deal. The main problem is getting my credit union to loan enough on it...

 

[shamrock216]

My credit union will loan almost enough so I can come up with the extra out of pocket. Hopefully I can talk him down some!

 

[matab14]

Sounds like steal to me as well. Good Luck with the purchase!

 

[cobra_4]

Dang right that's a good deal.

 

[99MustangGTman]

The price sounds about right for this market. You have to understand you never get anything out of all the parts you've invested in the car. The only thing that will push others away is the 132xxx miles. Although the drivetrain is all fresh which would be a selling point to us car junkies.

 

[tallfreak]

I guess you didn't get the SRT-10?

 

[shamrock216]

I guess you didn't get the SRT-10?

You guessed wrong! I already sold the damn thing! Crazy! I had it about 3 months. It was a nice truck but a little too expensive and I was ready for something different.

How is the Lightning treating you? Had it at the track yet?

 

[PSUCOBRA96]

price looks awesome, and if your worried about milege you could always take the drivetrain out of that car down the road, car sounds like it was built nicely and there is no way you could build that car for that price

 

[HYBRED]

That's about what I'm looking at spending on my total swap, and I did it "on the cheap." So yeah, I'd say it's a good deal.

 

[thomas91169]

wow. $10k is the going price for the 03/04 Motor/Drivetrain swap alone. Id buy that shit with the quickness.

 

[tallfreak]

You guessed wrong! I already sold the damn thing! Crazy! I had it about 3 months. It was a nice truck but a little too expensive and I was ready for something different.

How is the Lightning treating you? Had it at the track yet?

Wow. Are you going for a record? :lol1:

And, no. I don't think I am meant to go to the track. Everytime I am thinking about going, something comes up. But I am about to order a new valve body, so I am not going until after that is installed for sure.


Good luck on your next vehicle! Sounds like you need to snatch this one up while its still around.

 

[FordSVTFan]

wow, IF that is all true, it sounds like a steal to me.

A decent gt will run you that much alone.

Bluebook on a 99 GT with 130,000 miles in excellent condition is only $6800, and that is suggested retail, while wholesale is $4500.

 

[Don Juan]

Yeah because we all pay blue book when we buy our cars.

 

[shamrock216]

Luckily I can get the loan value on it as if its a Cobra since the bank wont know the difference.. As long as the title says V8 Mustang I'll be fine. Loan value on a 99 Cobra is $9875 (NADA). To me, its worth it since I wont have to spend any money out of my pocket for mods. Sure I could buy a nice 99 Cobra for 9 grand but then I'd have to spend a butt load $$$ to get the horses up!

 

[Animalmutha97]

Bluebook on a 99 GT with 130,000 miles in excellent condition is only $6800, and that is suggested retail, while wholesale is $4500.

A lot of places( banks, credit unions, and other such lending places) go off of the blue book values or the NADA value. Banks don't care what kind of mods are done to the car or how rare it is.

Still sounds like a hell of a deal. I'd be all over it like stink on shit!

 

[drex]

Man that srt that you had looked good, Iam a Lightning man myself, but thats a good looking truck. Sounds like a deal on the Stang.

 

[shamrock216]

Man that srt that you had looked good, Iam a Lightning man myself, but thats a good looking truck. Sounds like a deal on the Stang.

Thanks! Ya, I think the truck looked better than a Lightning and the 6-speed stick sure made it fun! You sure dont see too many trucks like that cruising around. I really miss the whine of a supercharger though:rockon: