I picked up my 97 Cobra for $7500. Total steal considering the engine has 36K miles on the engine(78K on body) and it runs 12s. The guy before me got a 12.3 with slicks on it. I'd say to find one for that price you need someone who is in desperate need of cash.I got extremely lucky. Also depends on what region you live in. If you live in the midwest it will be easier. Ive noticed the more expensive it is to live in the city you live in, the more people ask for their cars. Best bet is to get a Cobra cause you can get them into the 12s without a power adder. And you are right about nitrous, don't do it. Ive heard so many stories about blown engines, and that's why the guy replaced the engine in my Cobra. He blew the orig, one with Nitrous. Basically you need gears, suspension, full exhaust and some good slicks or drag radials, and practice. 5.0s are supposed to be way cheaper and easier to mod, so try and look for a 94-95 without too much abuse. Then you can throw a cam in it and get a better intake manifold and some gears and you should be running 12s.