Value of my 1999 Cobra

[brkntrxn]

Barry -- Thanks for letting me post this.


New Edge Brothers,

I need your help figuring out a value of my 1999 Cobra. This is not a "for sale" thread, but I do want to know a consensus on current market value of the car. I have no doubt that aftermarket mods are pennies on the dollar when selling, but what is a reasonable selling price? I have a number in my head, but I want some feedback.

Before anyone asks "Why, would the First Family of New Edge sell one of their cars?".... I am in no need to sell the car, just entertaining some options to support my road course habit. If I get serious about it, I will post the car in The Market.



1999 Mustang Cobra
23,443 miles

Engine (approx 1000 miles):
- Built by Boosted Performance (main page)
- 2007 FRPP Aluminum 4.6L block bored .020 over
- Mahle flat top pistons (somewhere around 10.1 compression)
- Manley rods
- polished Cobra crank
- Canton Road Race pan
- Canton windage tray
- FMS Hi-Volume oil pump
- SHM oil pump drive gears
- ARP head and main studs
- ported & polished stock heads w/ competition valve job
- Comp DOHC Stage 2 cams; 234/232 @ .050 .475/.450 lift
- Comp beehive valve springs
- FRPP 30lb injectors
- A/C Delete bracket
- EGR Block-off Plate
- Catch Can

Tranny:
- ProMotion Powertrain built T-45 w/ 26 spline hardened input shaft, TKO output shaft and carbon fiber syncros
- ProMotion 26 spline custom clutch
- custom SPEC pressure plate
- FMS Cobra flywheel
- STEEDA clutch quadrant w/ firewall adjuster

Cooling:
- LDC Cooling mod
- LFP radiator
- minor boxing of radiator
- radiator protection mesh

Fuel System (return style):
- Stock style tank with Aeromotive Universal Kit Sump
- Aeromotive 100 micron and 10 micron Fuel Filters
- Aeromotive Fuel Pump Controller
- Aeromotive fuel pressure regulator
- Aeromotive A1000 Fuel Pump
- -8 stainless braided supply line
- -6 stainless braided return line
- STEEDA fuel rails

Air Intake:
- JLT CAI
- C&L housing w/ 03 Cobra MAF
- BBK Twin 62mm throttle body

Exhaust:
- JBA equal-length ceramic coated shorties
- Magnaflow 2-cat X pipe
- Flowmaster catback

Electronics/Gauges:
- Tuned by TruDynoSports (Tru Dyno Sports LLC)
- SCT chip
- Auto Meter Phantom Boost (connected to monitor vacuum level)
- Auto Meter Fuel Pressure

Suspension:
- Maximum Motorsports Castor/Camber plates
- full-length subframe connectors
- 4-pt G-Load brace
- IRS poly bushings
- H&R Race springs
- Bilstein shocks and struts
- 03 Cobra 31 spline differential with FMS/Motive 3.55 gear
- 03 Cobra halfshafts
- Paul’s HP IRS brace
- Paul’s HP driveshaft loop
- Full Tilt Boogie delrin and aluminum IRS bushing kit

Differential Cooler:
- Tilton pump
- B&M stack cooler
- -8 stainless braided lines
- Overflow can
- DEI Thermal wrapped tailpipes

Brakes:
- Midcontinent brake duct kit
- Brembo rotors (blanks)
- Carbotech XP10 front and XP10 rear

Wheels:
- 1999 Cobra silver 17x8 rims with 245/45/17 tires (good tread)
- 2003 Cobra silver 17x9 rims with 275/40/17 Kumho V700 tires (good tread)

Safety:
- Modified weld-in Autopower 4pt Rollbar with harness bar, diagonal crossbar, down tubes and strut crossbar
- Schroth 6pt driver and passenger harness
- Modified stock 99 Cobra seats to allow proper location of sub-belts
- Fire extinguisher

Body:
- 2003 Cobra hood with open vents and no blanket
- 1999 Cobra hood with no blanket

Power / Track Times:
- 324rwhp 300rwtq – Mustang Dyno (tuned on this dyno)
- 355rwhp 338rwtq – Dynojet Dyno
- zMAX Dragway ¼ mile – 13.077sec (surface temps at 130*, full tank, road course trim)
- Carolina Motorsports Park Road Course – 1 minute 51 seconds
- Virginia International Raceway Road Course – 2 minutes 17 seconds
- Roebling Road Raceway Road Course – 1 minute 23 seconds

Removed from Car:
- Complete A/C system – in storage
- Rear seat back, bottom, mounting bracket, headrests – in storage
- Trunk panels, trunk carpet and board – in storage
- Spare tire, jack, lug tool and felt – in storage
- All seatbelts and mounting brackets -- I do not have these, but am willing to buy driver and passenger belts and reinstall if necessary
- Evaporator charcoal cannister for fuel vapors - not available

Interesting Facts:
- First 99 DOHC Cobra to get a Procharger P600 supercharger; UPR test mule – now N/A
- 2004 FFW Street Ford Semi-Finalist at Cordova Dragway
- 2004 NMRA Race Pages
- 2006 SPEED TV online article
- Kocky Product “Driving on the New Edge” tee-shirt car
- 2007 MM&FF Magazine “New Edge Cobra vs Mach 1 Shootout”
- Multiple performance shop websites and videos

 

[brkntrxn]

A few pics:

 

[99cobra09]

I would say somewhere around, no less than $15k with this economy.

 

[hi_po_heads]

i would definitely say wait 'til the economy pics back up, so you can get closer to what the car is worth. the market just sucks for these cars right now. but you could start advertising it and if the right buyer comes along then your in business!

 

[Un4GivN]

I hate to say, but it's worth absolutely nothing Kevin.. You should probably just give it to me. :rolling:

Honestly though, as long as you're patient and the right guy comes along, you might see $15-16 for it. Low miles, TONS of mods, car looks spectacular.

Is there a Vette in your future?

 

[Quadcammer]

sorry this is gonna hurt, but I don't see 15-16k for this car unless you find the absolute correct buyer.

I think you're gonna get low ballers all day long for $10k, and people who just want a nice cobra in the $12-$13k. Therefore, I put your car in the $12,500 range.

Mind you I value mine at $15k.

 

[gmsux]

Valuation sight unseen is tricky but I agree with Quad. The potential for $15 is there if you find the right new edge fanatic but $12,500 is probably what you would get if you wanted to sell fairly soon.

So the question is, what do you want to replace the cobra with?

 

[brkntrxn]

Thanks for the input, gentlemen. Your opinions are on par with my thoughts.

I would like to see a few more chime in, so feel free to speak up.


The market does suck right now, but it sucks for all cars which is why I am tempted by something else. I have actually been contemplating a change for over a year.

 

[CobraRed01]

Say it isn't so!!! You can't sell that beast...now what are your New Edge brethren gonna do?? Who we going to cheer for in O/T? What a sweet Cobra. I say try to hold out for $15K -$16K and the right buyer. Might take awhile, but it's nicely sorted for O/T. Try posting over on corner-carvers.com...lot's of Mustang lover's and racers over there that would appreciate a sorted out O/T track car.

Hmmmm...what new track toy could that be? 2010 Shelby perhaps...or... a 2011 with the aluminum block? Then again being a NE guy...lightweight has to be a major factor. Corvette?...FF Cobra?...Fox Body project?...Miata/RX7...with a V8?

 

[droptopsnake01]

12-13k

 

[BlackenedSVT]

Edmunds value for the new edge's is around $9k-12k for a 99 Cobra and 10-13k for a 2001 Cobra. Given your mods and low mileage and a very nice and clean car you might be able to see 11-13k for it. I'd be impressed if you got 14k or more.

Car looks great though

 

[Jamie R.]

What, Why? I kid ya kevin. I understand and cross this bridge in my mind of letting my car go more frequently.

Jamie R.
'01 Silver Cobra

 

[olgreydog7]

I guess you are looking for another O/T car or you'd sell the 99.

 

[99blkGt]

id say 14k

 

[brkntrxn]

Yeah, I am looking at another platform for open tracking... that or put another 5-7k in the 99 hardtop over the next year in lightweight and suspension parts.

Some of you will be happy that my wife at least doesn't want to sell the Vert (better stated as will not let me sell the vert... not yet anyway).

 

[PSUCOBRA96]

I would say 12-13k, this is a buyers market, the lower mileadge on your car is one of its better selling points compared to others, but the car has been raced a lot it seems that will steer some away even though it has been built well

 

[SUPERSEXY32V]

I think you could get $15 IF you find the right buyer. I would list it for $15 and be prepared to take no less than $14K. Given your particular situation I see no reason for sacrificing for less if you do not need to sell it.

 

[CobraRed01]

Yeah, I am looking at another platform for open tracking... that or put another 5-7k in the 99 hardtop over the next year in lightweight and suspension parts.

Some of you will be happy that my wife at least doesn't want to sell the Vert (better stated as will not let me sell the vert... not yet anyway).

New suspension parts like the Agent 47 or Griggs SLA? That would be awesome.

 

[brkntrxn]

If I were to go with another suspension setup, I'd probably choose the Agent 47 pieces. They seem to have some of the best feedback out there right now.

 

[CobraRed01]

Excellent. I've been tracking the Agent 47 stuff in the open track racing forum. Sounds like the ultimate track setup for getting the most out of the SN95/NE chassis. Will stay tuned.