03 Cobra or not?

Modular2v

Founding Member

Jun 30, 2002

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99

oklahoma

Jun 11, 2004

#1

• Jun 11, 2004

• #1

ok guys i have to ask a question and be completely honest!!!! I only owe 8,000 more on my 03 gt, is it honestly worth the money for the 03 cobra? keep in mind i will have to do an axel swap!!! I found this cobra for 29k$ with only 37 miles on the ticker and it hasnt been off the lot yet!!

 

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mustgt88

New Member

Apr 7, 2004

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Jun 11, 2004

#2

• Jun 11, 2004

• #2

I think the small body treatments make them look so much better than gt's. I think they are the best looking mustangs ever and better than the new 05 gt's. Personally I don't like the way they sound stock, but that is easily fixed with a new catback. My bro has an 04 and he loves it. It is a BARGAIN at 29k! Best 29k you'll ever spend

 

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760-MPH

Founding Member

May 9, 2002

432

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Elkton, MD-Newark, DE

Jun 11, 2004

#3

• Jun 11, 2004

• #3

go see what they will give you on trade-in first

 

pony_vert02

New Member

Mar 16, 2004

285

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AUSTIN,TX

Jun 11, 2004

#4

• Jun 11, 2004

• #4

think about it this way... is an '03 Cobra with 37,000 miles worth $37,000...
( $29,000+/- for the cobra + $8,000+/- for the amount still owed on the GT)

IMHO, NO!

 

pony_vert02

New Member

Mar 16, 2004

285

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AUSTIN,TX

Jun 11, 2004

#5

• Jun 11, 2004

• #5

CORRECTION:

Now it gets interesting... I see that the odometer is 37 miles, not 37,000..... then

$37,000 for an '03 Cobra with 37 miles... hmmmm... If it were me, I wouldn't do it..

 

pony_vert02

New Member

Mar 16, 2004

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AUSTIN,TX

Jun 11, 2004

#6

• Jun 11, 2004

• #6

760-MPH said:

go see what they will give you on trade-in first

Click to expand...

doesn't matter what the trade in value is....he still owes the bank $8,000 +/-

they'll tack that amount onto the cost of the Cobra

 

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mustgt88

New Member

Apr 7, 2004

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Jun 11, 2004

#7

• Jun 11, 2004

• #7

If you do buy. Make sure you slowly break it in tho. My bros supercharger went out and was only making like 3psi by like 2000 miles. There was a little incident at the dealership when they were washing it I guess the gas pedal was trapped under the carpet and when they started it she went all the way to the rev limiter. He thinks that may have blown it? They replaced it so it is all good.

 

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saleen137

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Nov 11, 2003

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Bellflower

Jun 11, 2004

#8

• Jun 11, 2004

• #8

Well if you trade it in then the money you get from the trade-in just pay off the loan and see how much you'll have as a down payment, and check your monthly payments and if you can afford it why not get it. Just my .2 cents

 

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Gray02GT

Founding Member

Oct 9, 2002

644

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Eaton, Colorado

Jun 11, 2004

#9

• Jun 11, 2004

• #9

I personally would not do it. I wish I had kept my GT, the 03 Cobra is ****ING BADASS, but is not worth the extra cost to me IMO, for how little i can actually make use of all the power on the streets.

 

Ryan02Stang

Active Member

Jun 17, 2003

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Arlington Heights, Illinois

Jun 11, 2004

#10

• Jun 11, 2004

• #10

BUY IT!!!

 

streetstang03

unModerator

Dec 27, 2003

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1

0

the dark side of the moon/home of the 1999, 2003,

Jun 11, 2004

#11

• Jun 11, 2004

• #11

i would do it just for the seats

 

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Gray02GT

Founding Member

Oct 9, 2002

644

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Eaton, Colorado

Jun 11, 2004

#12

• Jun 11, 2004

• #12

mustgt88 said:

If you do buy. Make sure you slowly break it in tho. My bros supercharger went out and was only making like 3psi by like 2000 miles. There was a little incident at the dealership when they were washing it I guess the gas pedal was trapped under the carpet and when they started it she went all the way to the rev limiter. He thinks that may have blown it? They replaced it so it is all good.

Click to expand...

Nah thats silly. I broke in my car the way I want to drive it, it runs absolutely PERFECT at 8300 miles, and made 415rwhp on a dyno with a catted h pipe, catback, K&N air filter and thats it for power mods.

 

7

760-MPH

Founding Member

May 9, 2002

432

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Elkton, MD-Newark, DE

Jun 11, 2004

#13

• Jun 11, 2004

• #13

pony_vert02 said:

doesn't matter what the trade in value is....he still owes the bank $8,000 +/-

they'll tack that amount onto the cost of the Cobra

Click to expand...

are you serious?

 

pony_vert02

New Member

Mar 16, 2004

285

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AUSTIN,TX

Jun 11, 2004

#14

• Jun 11, 2004

• #14

absol-friggin-lutely! My brother sells cars in San Antonio, Tejas... believe me, if the dealer is paying off your loan i.e. $8000, they're making up that cost somewhere!

 

Modular2v

Founding Member

Jun 30, 2002

3,222

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99

oklahoma

Jun 11, 2004

#15

• Jun 11, 2004

• #15

dman its driving me crazy....i have parts sitting in my room for the gt and i dont know what to do with them!!!!!!!!!!!!

 

7

760-MPH

Founding Member

May 9, 2002

432

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Elkton, MD-Newark, DE

Jun 11, 2004

#16

• Jun 11, 2004

• #16

lol, i know but what im saying is this...

The thread starter didn't tell us how many miles his car has on it or the condition it is in. I assumed he would be trading in his GT on an 03 cobra. If he goes to trade in the GT and they offer him $15,000. He pays off his loan and then has $7,000 to put as a downpayment, which would make him only have to finance 22,000 + TTL.

anyways, if you need to only finance approx 20-23k then go for it.

 

pony_vert02

New Member

Mar 16, 2004

285

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AUSTIN,TX

Jun 11, 2004

#17

• Jun 11, 2004

• #17

760-MPH said:

lol, i know but what im saying is this...

The thread starter didn't tell us how many miles his car has on it or the condition it is in. I assumed he would be trading in his GT on an 03 cobra. If he goes to trade in the GT and they offer him $15,000. He pays off his loan and then has $7,000 to put as a downpayment, which would make him only have to finance 22,000 + TTL.

anyways, if you need to only finance approx 20-23k then go for it.

Click to expand...

in that respect, then heck yes go for it......I'm always thinking 'worse-case scenario'... meaning, he's upside down on the car...

 

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760-MPH

Founding Member

May 9, 2002

432

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Elkton, MD-Newark, DE

Jun 11, 2004

#18

• Jun 11, 2004

• #18

i sure as hell hope for all of our sake that an 03 GT is worth more then 8k

 

GoBabyVroommm

Active Member

Mar 22, 2003

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Chicago, For Realss???!!!

Jun 11, 2004

#19

• Jun 11, 2004

• #19

If you can afford the 03 <i'm sure most of us can> and the insurance<we can't afford or stupid to pay> totally go for it. Its a really nice car. IMO it is the second best looking mustang ever built. First is the 00R.

 

Modular2v

Founding Member

Jun 30, 2002

3,222

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99

oklahoma

Jun 11, 2004

#20

• Jun 11, 2004

• #20

my car has 11k miles on it...and i would be selling it to my dad