Trying to Gauge Market...

[AWESOMO 4000]

Hey Fellas -

Looking at picking up an 03/04 Cobra. I found one that has 35k miles, just about perfect condition. Black, light mods (typical pulley/tune/CAI car), guy is asking $25k. Seems a bit steep for an 11 year old car, but I remember looking at buying one in 2003 for $28k new, and have kicked myself ever since for not buying one.

I understand the value and what the car is, just trying to get a sense of what they're actually selling for. I see a lot of cars perpetually for sale with a pie in the sky number, but they never move. Was thinking in the neighborhood of $18k for this particular car; I plan on driving it, not throwing a car cover on it.

Any help or PMs appreciated.

 

[04nccobra]

The 25k IMO is too high, you are correct. Funny thing with the high pricing and letting the car sit instead of accepting a fair offer. The question is do you want to sell the car, or do you want to have the car for sale. I offered a dealer an offer within $900.00 of his asking price and it was not acknowledged, meanwhile the car is back on ebay for the 3rd time. Go figure.

 

[partspimp]

Is that by chance a yellow term in rocky mount?

 

[RI-SVT]

18k will get you a higher mileage cobra than 35k thats for sure.

 

[Zemedici]

18k will get you a higher mileage cobra than 35k thats for sure.

this.

eh, 20-21k for that car. Higher mile (80kish) sell for 17-18 still in good shape.

 

[mocityboy23]

The 25k IMO is too high, you are correct. Funny thing with the high pricing and letting the car sit instead of accepting a fair offer. The question is do you want to sell the car, or do you want to have the car for sale. I offered a dealer an offer within $900.00 of his asking price and it was not acknowledged, meanwhile the car is back on ebay for the 3rd time. Go figure.

Same boat. Had at least 3 people do this to me. All I could do is SMH.

 

[mocityboy23]

As far as this car goes I would say 20-22K is about right considering mileage. 18-19K should get 50-80K mile Cobra if your dealing with a reasonable person. Good luck.

 

[KyleSVT]

My dad bought his cobra last year with 45k miles for $16,800 at a dealership before winter. They didn't want to hang on to it during winter so he got a deal. Very clean car with a few performance mods. Definitely a rare deal but they are out there. Hope this helps

 

[tarheels15]

cobra

a fair price would be 20-21k anything less and your getting a really good price