Need advice on possible Cobra buy!

[Metalbassist03]

Okay check it out, today I went to look at a red Mustang Cobra at a dealership.

1995 Red Cobra, 5 Spd with a 5.0L with 105k miles on it.

Here is the thing that bothers me... The clearcoat on a lot of parts of the car are gone, and he even has admitted it possibly could of been in a wreck.

I did not test drive it, but I did rev it quite a bit and it sounded okay I believe, but a test drive would reveal all.

The interior was decent, but a part on the right side was loose, and it came with an Alpine cd player (CD deck in the trunk) w/ remote.

What bothers me is the price they want for this. They are asking $8950 for this car, and to be honest, I would not pay it.

So my question(s) are:

How much WOULD you pay for it?

Is there any known flaws in a stock 1995 Cobra?

Also, what are the specs of the beast? (HP, Torque, etc)

Thank you VERY much for your time!

 

[1HellvaByte]

Hey man shop around def. you can pick a better one up for that price I recommend shopping around with private parties.

Here is the private party value of your car.

http://kbb.com/kb/ki.dll/kw.kc.ur?kbb.TN;841069;TN119&38401;+p&722;Ford;1995 Mustang&10;FO;D9&&&


The dealer price is 8500 but that doesn't consider the cars condition and its sounds pretty rough to me.

I got a 97 Cobra with a Polished P1SC, chip, injectors, pump, sfc, gauges, tri-ax, full exhaust, 33k miles, for 14,500.

I recommend going with a mod motor. 5.0s are great but the market for the 4.6's is really taking off big time right now.

Just my .02

1HellvaByte

 

[Metalbassist03]

Originally posted by 1HellvaByte
Hey man shop around def. you can pick a better one up for that price I recommend shopping around with private parties.

Here is the private party value of your car.

http://kbb.com/kb/ki.dll/kw.kc.ur?kbb.TN;841069;TN119&38401;+p&722;Ford;1995 Mustang&10;FO;D9&&&


The dealer price is 8500 but that doesn't consider the cars condition and its sounds pretty rough to me.

I got a 97 Cobra with a Polished P1SC, chip, injectors, pump, sfc, gauges, tri-ax, full exhaust, 33k miles, for 14,500.

I recommend going with a mod motor. 5.0s are great but the market for the 4.6's is really taking off big time right now.

Just my .02

1HellvaByte

My budget is no where near that. $7000 max. I want a bone stock car so I can work on it myself. The Cobra there needs a new paint job, SVT / Cobra emblems (scratched / faded out slightly), and some TLC on the interior (new interior parts). It'd be a great project car, I am just worried about the 105k miles.

 

[97whitecobra]

Buy an early 90's LX 5.0 if you want bang for your buck. You could probably get a nice one, with enough mods to smoke that 5 liter Cobra for that price. That Cobra sounds like $hit. Get something that was taken care of. Don't go through a dealer either.

My .02 and Good Luck

 

[Metalbassist03]

Originally posted by 97whitecobra
Buy an early 90's LX 5.0 if you want bang for your buck. You could probably get a nice one, with enough mods to smoke that 5 liter Cobra for that price. That Cobra sounds like $hit. Get something that was taken care of. Don't go through a dealer either.

My .02 and Good Luck

Good idea, I will do that definitely. This Cobra needs a new paint job, as most of the clear coat is gone, it is EASY to tell it has been in a wreck.

Either way, a manual is the requirement, I am tired of autos and lack of MPG. I noticed when I drive manuals I am MUCH more focused on the road and how I am driving.. It would improve my skills as a driver I think.

Fox Body's ROCK, I just want a solid ride that sounds badass.. and that has a GOOD aftermarket.

This Cobra I think I could get talked down to $6000 or even $5500 after tax/title.

Still think that'd be a good deal? The Blue Book retail is $9,125

 

[God]

if you have so many doubts for a car..dont get it, you shouldnt have to convince yourself..that should say soemthing right there..def shop around you will find something

 

[97whitecobra]

I don't really pay much attention to what Blue Books say about stangs. They really don't know what market will bear IMO. They have no concept as to what a mint condition low mileage car is worth. As they aren't enthusiasts. I would buy a different car still. Who knows what that dealer is covering up and what other problems it will have.

 

[Cantoodler]

i wouldnt buy it because the body sounds to be in rough condition. but i wouldnt worry about the motor i know at least two people with 5.0 cobras that still run strong at 150k. oh and the engine makes 240 hp and 280 lb ft stock

 

[Lee]

Ford rated the 5.0 Cobra motor at 240 but they'll dyno about 235 to the rear wheels, stock. Do the math....