Looking forward to collaborating with my new community

phil2001svt

New Member
Sep 24, 2026
1
0
1
AZ
I had the fortune (or misfortune as has been thus far) of buying a purported low mileage 2001 Mustang Cobra from one of those big traveling classic car auctions. I did this on impulse (I know, lesson learned) as an "older gentleman" trying to feel younger. It didn't take long to realize someone has swapped the cluster - didn't show turnback but CARFAX shows only 1000 miles registered in 10 years prior to a "refurbishment" in 2022. It seems that the PCM only stores the actual register value from the cluster as that is all I read from my scanner. All of the major components show wear more consistent with >100-150K miles rather than the 14K indicated. I have spent the last several months getting the car driveable (new fuel pump, steering rack and shaft, lots of light bulbs, and repair of various missing/cut hoses and lighting wiring) but it is still nowhere near done. I looked into legal channels but guidance received from legal counsel was it will not be worth my hassle through fed anti-tampering laws and civil judgments typically have no leverage to actually get paid. So, I am trying hard to enjoy my purchase having 10-years owned an SN95 that was my "dream" new car purchase in 2001. I just don't want to invest too much money into a car where I have already paid ~10K more than it's worth (based on KBB value for 14K vs 150K miles).

I will be soon be posting my latest concern (consistent P0133 and P0153 errors on a stock setup with fairly new O2 sensors) to one of the specific forums and look forward to some collaboration with my peers.

Cheers!
Phil
 
Welcome to :SN: !

Sorry you got conned, but if it's something worth it to you it can be somewhat overlooked once the mechanical problems are remedied. As I'm sure you're aware, as most of us are, that cars are horrible investments (unless you're a con man....) so what's done is done. Enjoy it for what it is and have some fun with it!