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  • What is it Worth?!?!?

What's it Worth? 76 Cobra 2

  • Thread starter Thread starter dulcimerbob
  • Start date Start date Sep 8, 2026
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    cobra 2 project v6 engine
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dulcimerbob

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Aug 25, 2026
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Sep 8, 2026
#1
  • Sep 8, 2026
  • #1
This car has a stuck v6 w/4 speed , front end damage , driver fender damage , original paint with surface rust , good interior , I have seen only pics . Underneath could be a nightmare . Seller says mileage unknown , I am thinking about driving an hour and take a look . I want to make it work and drive it as a rat/beater to cruise-ins . The kicker is the asking price is 3500. Help a brother out here. I've had five Mustangs but not one of these . Thanks in advance
 

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LILCBRA

I wish I didn't have all of these balls in the air
Mod Dude
Dec 6, 2005
6,582
5,596
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Corn County USA
Sep 8, 2026
#2
  • Sep 8, 2026
  • #2
Personal opinion - I think he's awful proud of it. That being said, I guess it would depend on the damage it [actually] has and the condition of the underside. The interior doesn't look horrible all things considered, and it very well could be a solid foundation. Without laying eyes on it, I'd say somewhere in the $1500-2000 range wouldn't be outrageous. I'd look real close at the radiator support and the upper frame rails where the fenders mount for sure. As for the underside, I'd also pay pretty close attention there and judge it according to your comfort level with panel replacement and fabrication skills. While the aftermarket is growing for them, there's still a lot that isn't available new.

For reference, look at the last few pages of my build thread. I just purchased a basket case from northern Wisconsin for parts and paid in the price range I've given. For me, it was well worth it - but it's definitely [not] a project car.
 
Reactions: DadLife0724 and Blackhawkxx

LILCBRA

I wish I didn't have all of these balls in the air
Mod Dude
Dec 6, 2005
6,582
5,596
194
Corn County USA
Sep 8, 2026
#3
  • Sep 8, 2026
  • #3
LILCBRA said:
Got back home late last night and spent a couple hours in the garage continuing the tear down of the T top car. Got the radiator and front end removed. Found confirmation of a front end collision in the top rails - both are somewhat buckled.




Pulled the buck tag off as well:



Pulled the cribs from under the table then lifted the Cobra onto them. Got the new dipstick and coolant sensor installed. Now the fan kicks on as it should and the handheld keeps up with my gauge, so all is good there now. I'll most likely take it off the cribs tomorrow and take it out for a drive to let the system self learn a little more. I think I'm going to put the braces on hold until I get the rockers and floor pans replaced. I crawled around under it again after I got it lifted, there's a small problem area on the passenger side floor at the front seat rear mount along the rocker seam. Between that and the rust showing it's ugly side on the rockers, it's time to get them taken care of before I get crazy with some of this other stuff. So the plan is to get the T top car stripped down so I can dispose of the shell, then turn my attention to tearing the Cobra down for it's surgeries and additions.
Click to expand...


Sharing here for reference - this was hard to see with the fenders mounted. Honestly, I didn't even see it when I looked at the car, but like I said, I wasn't buying it as a project so I wasn't looking.
 
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dulcimerbob

Active Member
Aug 25, 2026
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Sep 8, 2026
#4
  • Sep 8, 2026
  • #4
LILCBRA said:
Personal opinion - I think he's awful proud of it. That being said, I guess it would depend on the damage it [actually] has and the condition of the underside. The interior doesn't look horrible all things considered, and it very well could be a solid foundation. Without laying eyes on it, I'd say somewhere in the $1500-2000 range wouldn't be outrageous. I'd look real close at the radiator support and the upper frame rails where the fenders mount for sure. As for the underside, I'd also pay pretty close attention there and judge it according to your comfort level with panel replacement and fabrication skills. While the aftermarket is growing for them, there's still a lot that isn't available new.

For reference, look at the last few pages of my build thread. I just purchased a basket case from northern Wisconsin for parts and paid in the price range I've given. For me, it was well worth it - but it's definitely [not] a project car.
Click to expand...
Thanks for the reply . That's the price range I was thinking . I am pretty comfortable doing most things mechanical and not fearful of body stuff. . I'll check out your build .
 
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dulcimerbob

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Aug 25, 2026
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Sep 8, 2026
#5
  • Sep 8, 2026
  • #5
I seem to have an affinity for borderline case vehicles . I am in the middle of working on a 67 Honda Superhawk 305 AND a 74 cb450 . My wife said yesterday " you want what !!! ??? " when I mentioned the car . I also have my eye on another Stang 2 @ 2400 with a stuck V6 /auto 2+2 that's in a little better shape than the Cobra . I'm glad my insanity is shared . I'm 75 and still diggin on junk.
 
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LILCBRA

I wish I didn't have all of these balls in the air
Mod Dude
Dec 6, 2005
6,582
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Corn County USA
Sep 8, 2026
#6
  • Sep 8, 2026
  • #6
I don't think it ever goes away. My uncle is about your age and brings home a new project about every other year. In between times he's out tinkering and restoring them. Gives him something to do with his free time, which I don't think is much different than most.
 
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dulcimerbob

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Aug 25, 2026
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Sep 10, 2026
#7
  • Sep 10, 2026
  • #7
LILCBRA said:
I don't think it ever goes away. My uncle is about your age and brings home a new project about every other year. In between times he's out tinkering and restoring them. Gives him something to do with his free time, which I don't think is much different than most.
Click to expand...
The 2400 car just became 2000. It's pretty crusty but it's 10mi from me so shorter tow.. I plan on a 302 swap . The car is auto but I'd like a Tremec 5. I have a lot of research to do. I'll be hanging here a lot. I build and sell dulcimers to finance my projects . Keeps me off the streets.
 

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LILCBRA

I wish I didn't have all of these balls in the air
Mod Dude
Dec 6, 2005
6,582
5,596
194
Corn County USA
Sep 11, 2026
#8
  • Sep 11, 2026
  • #8
Sounds like a solid plan. Just be aware that some V8 specific stuff is damn near unobtainable. But I happen to know a guy with  some stuff that may be of use. Pay attention to the classifieds in the coming months, stuff will be posted here when I finally get around to trying to let it all go.
 
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dulcimerbob

Active Member
Aug 25, 2026
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Sep 11, 2026
#9
  • Sep 11, 2026
  • #9
LILCBRA said:
Sounds like a solid plan. Just be aware that some V8 specific stuff is damn near unobtainable. But I happen to know a guy with  some stuff that may be of use. Pay attention to the classifieds in the coming months, stuff will be posted here when I finally get around to trying to let it all go.
Click to expand...
Thank you very much.
 

Noobz347

Stangnet Facilities Maint Tech... Er... Janitor
Admin Dude
Jan 4, 1985
43,521
21,694
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Box behind Walmart
Sep 11, 2026
#10
  • Sep 11, 2026
  • #10
dulcimerbob said:
Thank you very much.
Click to expand...

You need to make a post the Welcome Wagon forum so I don't have to keep approving your posts.
 
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dulcimerbob

Active Member
Aug 25, 2026
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Sep 11, 2026
#11
  • Sep 11, 2026
  • #11
Noobz347 said:
You need to make a post the Welcome Wagon forum so I don't have to keep approving your posts.
Click to expand...
Done
 
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dulcimerbob

Active Member
Aug 25, 2026
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Sep 12, 2026
#12
  • Sep 12, 2026
  • #12
Here's the 2000 .00 77. I went and looked it over today . Not too bad . Some rust but not fatal . Interior fair to not so fair . Has 8" diff and v6 /c4 . Not running and stuck . Has title and it's close by which is a plus. Got underneath and floor pans looked solid , trunk/spare well good . Orange wheels not included thank goodness. Thoughts ?
 

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Blackhawkxx

Mustang Master
Mar 3, 2023
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559
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Sep 12, 2026
#13
  • Sep 12, 2026
  • #13
$2K isn't bad but if you think people aren't breaking his door down to get it, I'd offer $1,500 making sure he knows that you are basically buying a roller since you won't be using the engine or trans and let him chew on it a bit.
 
Last edited: Sep 13, 2026
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dulcimerbob

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Sep 12, 2026
#14
  • Sep 12, 2026
  • #14
Thanks
 
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