Thinking about selling....

hoamskilet · May 27, 2009

With the baby coming in October, I've been kicking around the idea of selling my cobra to help pay some bills off. It's a 95 with 78,000 miles, bone stock except for H-pipe/cat back and in very good condition. What do you think would be a realistic price to get out of it?

yukisho · May 27, 2009

A friend of mine just sold his 95 gt with an h-pipe and some gauges for $3700. My $0.02

ThePumpkin · May 27, 2009

8-9K?

Speeds8erM-1 · May 27, 2009

ThePumpkin said:
8-9K?

There is NO WAY. Color, location, interior color, AC working or not, what mods it does or doesnt have will all play a pretty big factor though.

You can find half way decent 94-95 Cobras for $3500-$5500 if you look around. Hell I have seen a slew of 96-98 Cobras & 01-03 GT's in the $4500-$6000 range in decent shape lately. 99-00's for as low as $3500.

It all depends, fox bodys are still hanging in their price wise, SN95's arent, for whatever reason. If you find the right person, you never know!

The car market sucks, whenever the 03-04 Cobras come down, everything under them drops a bunch too.

ThePumpkin · May 27, 2009

Speeds8erM-1 said:
There is NO WAY. Color, location, interior color, AC working or not, what mods it does or doesnt have will all play a pretty big factor though.

You can find half way decent 94-95 Cobras for $3500-$5500 if you look around. Hell I have seen a slew of 96-98 Cobras & 01-03 GT's in the $4500-$6000 range in decent shape lately. 99-00's for as low as $3500.

It all depends, fox bodys are still hanging in their price wise, SN95's arent, for whatever reason. If you find the right person, you never know!

The car market sucks, whenever the 03-04 Cobras come down, everything under them drops a bunch too.

Almost every sn95 GT I've been looking at is going for 4-6k.. and99-04 have been going for 8k+ and the cobras have been going for 6k+.
I've been on the market real heavy for a couple months now. I was selling my car, but just recently decided to keep it.

Maybe I've just been looking in the wrong places.

Speeds8erM-1 · May 27, 2009

Looking in the wrong places for sure, alot of times the ones you see with those price tags, are still there because they wont move, whereas the cheaper stuff is already gone off of craigslist, forums etc.

For every overpriced one, there are plenty that are more reasonably priced.

My friend sold his 97 Cobra for 8k recently, Fl car all it's life, well under 100k miles, Procharger, tuned, wheels, made 450, brand new redone interior ( he does that for a living) and he was actually going to take $7500 for it until somebody came out of nowhere and offered him 8k right around tax season. Took over a month to sell that car in tax season, in Fl and it WAS NICE.

I almost bought a white 94 Cobra the other day, 331 w/ stock HCI, custom seats with suede done up to look like 03 Cobra seats, best shifting T5 ever, 85k original miles, AC, etc for $6k and even thought that was too high and bailed on it. It's been for sale for months, although he has been asking int he 7700-8900 range.

You can find built motor, blower, nicely done up 96-98 Cobras for under 10k if you really look around, of course you will find plenty still asking 12-15k that are sitting around as well. I have seen an 01 for as low as 6500, a 99 for 6k. 03-04 Mach 1's for 9-12k.

The good thing is Cobras still book high, so loan value is still up there, which helps when selling.

I find people listing the 99-04 GT's for 7-12k too all the time, but then again I know where a Sonic Blue 03 GT is (higher mile car, around 127k but still) for under $5500.

I missed a black 99 GT with black leather, cobra r's, longtubes and other little mods for $3500 a few months ago.

Black95GTS · May 27, 2009

I'd put it for sale for $7K, but prepared to accept $5.5 to $6K, maybe lower if its all cash.

I've been looking HARD lately, and I want a fox convertable, and Speeds8erM-1 is dead on when he says that SN95s just DO NOT hold their value but the foxes are hanging on. A similar mileage '93 Fox will sell for a couple grand more then SN95.

Adam

Pokageek · May 27, 2009

ThePumpkin said:
8-9K?

Sorry but you are busting me up on that one.

MotiV8ed_95GT · May 27, 2009

Speeds8erM-1 said:
You can find built motor, blower, nicely done up 96-98 Cobras for under 10k if you really look around, of course you will find plenty still asking 12-15k that are sitting around as well. I have seen an 01 for as low as 6500, a 99 for 6k. 03-04 Mach 1's for 9-12k.

The good thing is Cobras still book high, so loan value is still up there, which helps when selling.

I find people listing the 99-04 GT's for 7-12k too all the time, but then again I know where a Sonic Blue 03 GT is (higher mile car, around 127k but still) for under $5500.

I missed a black 99 GT with black leather, cobra r's, longtubes and other little mods for $3500 a few months ago.

Wow around here in the Baltimore/DC area the market for 'Stangs is way higher. Especially around this time of year. Cars that are clean are still pulling good money. Stuff that has been poorly modded, wrecked, etc.. is about all you will find for cheap. Good luck finding a decent fox body around here too. There is about a 1/2 dozen quarter miles strips in a 100 mile radius here so most of the fox cars have been raced.

To answer the original posters question I think about $7,000 would be reasonable to ask for your Cobra, especially around this time of year. There just are not that many left that have decent miles and are mostly stock. No need to give it away.

Ross

fiveoho · May 27, 2009

to the OP-

just dont give the car away. if its nice, dont price it too low. nice clean mustangs are worth money- even more so with a cobra.

yukisho · May 27, 2009

They must be going for a lot more in other places. I just called around and found a 95 gt with a roll bar, x-pipe and cobra rims for $3,995. If your in the southern utah area, there are tons of 94-01's in town for sale, and for cheap.

thethirdeye88 · May 27, 2009

i got a baby ont he way as well, but there is no way in hell i am going to sell my car after all i got put into it what what its been through...

yukisho · May 27, 2009

My suggestion would be to pickup a second job. It's gonna suck. but trust me, it helps a lot. I worked three jobs when I had my little girl just to get by with the bills and food.

Venom351R · May 27, 2009

when I bought my Cobra 2 years ago the book value was $10,000 with just under 70,000 miles on it

Nick95GT · May 28, 2009

Im in the market of a cobra actually...i want to sell my gt cause of the amount of miles on it and ill probably buy a cobra as soon as i get the money...probably next year sometime

Killercanary · May 28, 2009

If its in perfect condition that car would easily get $7,000+ around here.

rj95svt · May 28, 2009

that car would get a easy 7,000 around here as well.

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