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Considering a 97 Cobra

  • Thread starter Thread starter matrixevo
  • Start date Start date May 1, 2007
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matrixevo

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May 1, 2007
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New Hampshire
May 1, 2007
#1
  • May 1, 2007
  • #1
I would love to have a Cobra, so I went searching. I found a 1997 Mustang Cobra for $12,900. It has 63,500 miles. My question is how much longer do you think it will last before any major problems occur?

Here's a link to the car: CLICK

And here are some pics:





 
M

matrixevo

New Member
May 1, 2007
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New Hampshire
May 1, 2007
#2
  • May 1, 2007
  • #2
Anybody?
 
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rrohrig

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Oct 29, 2006
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Cleveland, OH
May 1, 2007
#3
  • May 1, 2007
  • #3
Not sure how long it would hold up, but I would recommend that you keep looking and not buy that one. The lower the miles the better. It may not necessarily be the miles, but how hard the car has been ran too (i.e. if the previous owner is a teenager vs a retiree). I just sold my '98 on Saturday for $13,000 but it had almost $2,000 of extras on it, 50K miles, a cover, new tire and was in much better condition and cleaner. Trust me, they are out there, but it takes time to find the right one. It took me nine months to find my '03.
 

GToddyT5

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Jan 14, 2002
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Hamilton, NJ
May 2, 2007
#4
  • May 2, 2007
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If you want that one, I'd def try to get a better price because those stripes are awful.
 
M

matrixevo

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May 1, 2007
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May 2, 2007
#5
  • May 2, 2007
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GToddyT5 said:
If you want that one, I'd def try to get a better price because those stripes are awful.
Click to expand...

What price range do you think I should offer the guy?
 
F

fastlane65

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Dec 1, 2004
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North Louisiana
May 2, 2007
#6
  • May 2, 2007
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Just for reference - - I bought my '98 Cobra convertible two weeks ago for $9000. Only 24,800 miles and I knew the owner and that he had never raced or dogged it too hard. $700 for a new top and $100 for an alternator rebuild is all it needed so far. The deals are out there. Patience pays off.
 

GToddyT5

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Jan 14, 2002
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Hamilton, NJ
May 3, 2007
#7
  • May 3, 2007
  • #7
fastlane65 said:
Just for reference - - I bought my '98 Cobra convertible two weeks ago for $9000. Only 24,800 miles and I knew the owner and that he had never raced or dogged it too hard. $700 for a new top and $100 for an alternator rebuild is all it needed so far. The deals are out there. Patience pays off.
Click to expand...

I wouldn't expect a price like that for a car with that mileage. This deal was insane-cheap.
 

blackfang

Founding Member
Dec 17, 2001
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Richmond, Va
May 3, 2007
#8
  • May 3, 2007
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That mileage and age, I wouldn't pay no higher than 6500
 

GToddyT5

Founding Member
Jan 14, 2002
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Hamilton, NJ
May 4, 2007
#9
  • May 4, 2007
  • #9
blackfang said:
That mileage and age, I wouldn't pay no higher than 6500
Click to expand...

Is that a joke?
 
S

Sun Devil Cobra

New Member
Apr 21, 2007
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Wesley Chapel, Florida
May 4, 2007
#10
  • May 4, 2007
  • #10
I was thinking the same thing, too.
 
S

svtpower

New Member
Apr 30, 2005
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Wisconsin
May 4, 2007
#11
  • May 4, 2007
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no

Um, dude....

that price is way high.

I'd say $7500-$8500 tops.
 

tontot77

Do I look like a :taco: in this picture?
Apr 2, 2003
409
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16
Dyer Indiana
May 5, 2007
#12
  • May 5, 2007
  • #12
fun ride... I've had mine for 97k miles and it runs fine. Not exactly stock though. Stock rear end and transmission has handled 500 lbs of tq for about 50k miles. Recently changed the starter.
 

blackfang

Founding Member
Dec 17, 2001
1,290
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39
Richmond, Va
May 5, 2007
#13
  • May 5, 2007
  • #13
GToddyT5 said:
Is that a joke?
Click to expand...

Nope. That is what I would offer. The price they are asking for is a joke for a 10 year old car. I paid around that price for my car which had 61k 6 years ago. Then it was a 4 year old car.
 
3

32valves

New Member
Apr 20, 2007
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Philadelphia, PA
May 5, 2007
#14
  • May 5, 2007
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I'd actually hold out for a 99-01 unless you just like the 96-98 style
 

BlackOnBlackCobra96

Founding Member
Dec 11, 1999
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16
Cleveland, OH & Detroit, MI
May 7, 2007
#15
  • May 7, 2007
  • #15
The price is high for the mileage. I'd expect that car to be worth less than $10K. There are a lot of deals out there.
 

chrispy98cobra

New Member
Apr 15, 2007
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Warwick, RI
May 7, 2007
#16
  • May 7, 2007
  • #16
That mileage and age, I wouldn't pay no higher than 6500
Click to expand...
Um, dude....

that price is way high.

I'd say $7500-$8500 tops
Click to expand...
....heres the problem with asking questions like this to people who dont live in the northeast...things down south and in the midwest are sooooo much cheaper than things around here(RI, NH, MA)....I have a cousin in Wisconsin, and I have been there many times to witness the price difference, not only in cars but food and clothes as well. Take for example apartments: My sister who lives in RI pays over $1100 a month for a 1 bedroom, 1 bath 975 square foot apt....its really nice, however my cousin who lives in WI pays 300 bucks less for a 1200 square foot, 2 bed 2 full bath apt which is actually alot nicer than my sisters and has more and better ammenities, even an elevator and underground parking.. So you see while that car may only be worth 7500 somewhere else, they will get at least $10k for that car around here.....its just the price we pay for living in the northeast
 

the fool

New Member
Mar 25, 2007
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Clarksdale, MS
May 15, 2007
#17
  • May 15, 2007
  • #17
got one and i say save your money
 

sabrooks

Founding Member
Oct 10, 2002
228
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Phenix City. Alabama
May 17, 2007
#18
  • May 17, 2007
  • #18
check around maybe find one down south for a better price with lower miles again they are out there. i got mine for 8500 florida car no rust clean car with 65000 miles some will say thats to high but I like what i got
 

fluffyrunnells

New Member
Feb 4, 2006
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new hampshire
Aug 11, 2007
#19
  • Aug 11, 2007
  • #19
still at the lot..


went by the other day....down to $10,000
 

flashstang04

New Member
Jun 7, 2004
154
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Wichita Falls,Tx
Aug 13, 2007
#20
  • Aug 13, 2007
  • #20
I got mine used with mods for 5000. Well over 100k miles on the clock, and it runs perfect. In general, . Cobras were built to last.

BTW, Fluff, are you a Legends collector?
 
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