Hi!
I'm a noob to the Mustang world, or the "FNG" as some would say. Saw this thread and figured I'd post up my 2001 Cobra.
But, before I get to the pictures, I wanted to tell you guys the pretty awesome story of just how I came across my Cobra and how much I paid for it, which may be quite the shocker to many..
Last December, I was looking to get a New Edge, because I love the body style and well, because I wanted a New Edge ever since I was in diapers. It was just one of those cars I had to own one day. So off to the FB marketplace I went and I found quite a few options. Multiple GTs left and right. I had messaged various sellers about potentially buying one. Pretty much all of the sellers I had experienced were pretty bad about communicating and organizing, so I was dwindling down my options. Two days into my hunt, I spotted an 01 Cobra that had just been posted up by a guy in Maryland. I reached out to the guy and he started enlightening me to just what all was wrong with the car because it wasn't running at the time... Apparently, the owner prior to him had broken a cam cap and was still dumb enough to start and run the car with the broken cam cap. Because of this, the intake camshaft on the drivers side head went out of balance and began eating away the head material and severely damaged the camshaft... This meant that the car would need a new driver's side head... Despite how expensive such a thing could be, I was still pressed to get the car... We talked and came to an agreement and scheduled a date and time to meet... So, me and my buddy got in the truck, hooked up the trailer, and off to Maryland we went! When we got there, the guy stuck to his word about the deal...
I ended up getting this 2001 Cobra for a crazy $500 with a signed title in my hand and both sets of keys in my possession... Mind you, at the time I thought this was no big deal, as I wasn't at all knowledgeable about Mustangs, nor did I know the value that came with a Cobra. I really didn't know just what I had gotten. It wasn't until later that I discovered just how much of a steal I had gotten on this car!
The car does have it's fair share of miles on the odometer at 157,000 and it does have it's problems, but it now has oil pressure and runs pretty smooth with a nice new set of heads, new water pump, oil pump, timing chain, serpentine belt, power steering pump, and some other minor things here and there. The alternator just went out and it now needs a new a EVAP Solenoid, simple fixes. It's nothing super special or anything to really get hyped up about, but I figured I'd share my experience with you guys and maybe run into someone who had a similar one and snagged a diamond for the price of a rusty nail.
Thanks for reading and looking!
Also thanks for having me on the forum! Some very nice cars have been posted in here! Looking forward to seeing more!