1993 cobra purchase??

if it has a salvage title I would pay GT price for it. 6k tops, any collectors value is probably gone.

From a collector stand point I doubt that it would increase in value. I know that when I estimate cars (yes, I'm an evil insurance appraiser) a car with a reconstructed title is worth approximatly half of the car's normal actual cash value.

That being said, you can use that to your avantage when negotiating price. If the car is clean get it for a discount. When your driving it, only you'll know about the "R" title & you still have a real cobra. Plus I wouldn't worry too much if you do decide to mod it, hell the value is shot anyway. Go ahead & supercharge or twin turbo it

From an investment standpoint I think I would stay away from a Reconstructed car, that is unless you can steal it.