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Wrecked 04 Cobra

  • Thread starter Thread starter foxbodymilitia
  • Start date Start date Jan 26, 2012

foxbodymilitia

New Member
Nov 30, 2008
12
0
2
Jan 26, 2012
#1
  • Jan 26, 2012
  • #1
Okay so I'm looking for some advice from you Terminator owners. My friend wrecked her 04 Cobra this past Saturday and the Ins Co is going to total it. The body shop that did the inspection never even brought the car into the shop before they quoted 15k in damage. She has asked me for some insight as to what she should do. The damage is extensive enough that I don't think the car would ever be the same if it were repaired. So, my question is do you think it is worth buying back and parting out? The drive train is all stock and has approx 136k miles on it. If the price is right, my thoughts are to maybe buy it myself and do a full swap into a 4eye coupe. Any insight would be a great help.
 

SlammedGT

Active Member
Oct 15, 2004
581
9
29
Peotone, IL.
Jan 27, 2012
#2
  • Jan 27, 2012
  • #2
I dunno... 136K and wrecked.... i think id just let it go
 

wht93gtEd

Active Member
Nov 11, 2004
0
9
29
Jersey Shore, New Jersey
Jan 27, 2012
#3
  • Jan 27, 2012
  • #3
foxbodymilitia said:
Okay so I'm looking for some advice from you Terminator owners. My friend wrecked her 04 Cobra this past Saturday and the Ins Co is going to total it. The body shop that did the inspection never even brought the car into the shop before they quoted 15k in damage. She has asked me for some insight as to what she should do. The damage is extensive enough that I don't think the car would ever be the same if it were repaired. So, my question is do you think it is worth buying back and parting out? The drive train is all stock and has approx 136k miles on it. If the price is right, my thoughts are to maybe buy it myself and do a full swap into a 4eye coupe. Any insight would be a great help.
Click to expand...

totally off topic; where do you live? I feel like I've seen your car before...obviously you arent the only 4 eye around but looks familira.
 

foxbodymilitia

New Member
Nov 30, 2008
12
0
2
Jan 27, 2012
#4
  • Jan 27, 2012
  • #4
wht93gtEd said:
totally off topic; where do you live? I feel like I've seen your car before...obviously you arent the only 4 eye around but looks familira.
Click to expand...

I live in Forked River NJ. And its probably the only one like it around here anyway.
 

Rick 91GT

Mustang Master
Nov 29, 1999
9,692
95
99
PA
Jan 28, 2012
#5
  • Jan 28, 2012
  • #5
I think depending on where the damage is you would get a nice totally complete swap car, possibly for a great deal. Id find out what the ins company wants for it. The mileage is a little high but you could always add new rings and bearings if needed.
 

foxbodymilitia

New Member
Nov 30, 2008
12
0
2
Jan 28, 2012
#6
  • Jan 28, 2012
  • #6
Rick 91GT said:
I think depending on where the damage is you would get a nice totally complete swap car, possibly for a great deal. Id find out what the ins company wants for it. The mileage is a little high but you could always add new rings and bearings if needed.
Click to expand...


Buy back on it is $1200.00 and from the pics i saw it shouldn't have any engine damage but who knows. I will hopefully take a look at it on Monday. For that price it would be hard to pass up.
 

Rick 91GT

Mustang Master
Nov 29, 1999
9,692
95
99
PA
Jan 28, 2012
#7
  • Jan 28, 2012
  • #7
You cant beat that....if you dont buy it let me know
 

S&B

I hate my CT. :(
10 Year Member
Dec 18, 2005
1,634
695
204
Cheesehead
Jan 30, 2012
#8
  • Jan 30, 2012
  • #8
HOLY COW 1200 I will pay you more for it right now PM me if your intrested
 

wht93gtEd

Active Member
Nov 11, 2004
0
9
29
Jersey Shore, New Jersey
Jan 30, 2012
#9
  • Jan 30, 2012
  • #9
foxbodymilitia said:
I live in Forked River NJ. And its probably the only one like it around here anyway.
Click to expand...
Damn so that is your ride then.

I've seen you at a few shows, I think most recently Chick-Fil-A in Howell at their end of year cruise. Your car was awesome; why drop a higher mileage Cobra drive train in it? Get a roller chassis for that and leave your car alone!
 

foxbodymilitia

New Member
Nov 30, 2008
12
0
2
Jan 30, 2012
#10
  • Jan 30, 2012
  • #10
wht93gtEd said:
Damn so that is your ride then.

I've seen you at a few shows, I think most recently Chick-Fil-A in Howell at their end of year cruise. Your car was awesome; why drop a higher mileage Cobra drive train in it? Get a roller chassis for that and leave your car alone!
Click to expand...

That was the idea. I have no plans of touching my current car with the exception of a few chassis mods. As for the Cobra, I looked at it today and I think convinced her to buy it back and fix it. So, my project wont pan out but at least she is going to save her baby. I cant blame her after looking at it, I'd fix it too.
 

S&B

I hate my CT. :(
10 Year Member
Dec 18, 2005
1,634
695
204
Cheesehead
Jan 30, 2012
#11
  • Jan 30, 2012
  • #11
i wouldnt fix it i would swap everything over to another car especially if there is 15k damage, you will never be able to sell a salvage title cobra when the day comes for any money IMO
 
1

1mustangsvt

New Member
Nov 4, 2011
9
0
1
Apr 8, 2012
#12
  • Apr 8, 2012
  • #12
foxbodymilitia said:
Okay so I'm looking for some advice from you Terminator owners. My friend wrecked her 04 Cobra this past Saturday and the Ins Co is going to total it. The body shop that did the inspection never even brought the car into the shop before they quoted 15k in damage. She has asked me for some insight as to what she should do. The damage is extensive enough that I don't think the car would ever be the same if it were repaired. So, my question is do you think it is worth buying back and parting out? The drive train is all stock and has approx 136k miles on it. If the price is right, my thoughts are to maybe buy it myself and do a full swap into a 4eye coupe. Any insight would be a great help.
Click to expand...
sound great to me but the motor has a lot of miles you need to think it will not be long befor you will need to overhaul some things and the 4.6 motor does not have any cheap parts on it . just saying
 
E

elgonzo

New Member
May 11, 2012
2
0
1
May 11, 2012
#13
  • May 11, 2012
  • #13
1mustangsvt said:
sound great to me but the motor has a lot of miles you need to think it will not be long befor you will need to overhaul some things and the 4.6 motor does not have any cheap parts on it . just saying
Click to expand...
 
E

elgonzo

New Member
May 11, 2012
2
0
1
May 11, 2012
#14
  • May 11, 2012
  • #14
Sorry
 

hotcobra03

Active Member
Nov 29, 1999
969
4
39
poteet,tx
May 12, 2012
#15
  • May 12, 2012
  • #15
what part of car is crashed..

it sounds to good to be true 1200 buy out..

im well over 300k now on stock engine and clutch...
 

Gearbanger 101

Straight Outta Locash
20+ Year Stangneter
Aug 10, 2002
9,457
1,377
234
Ontario, Canada
May 12, 2012
#16
  • May 12, 2012
  • #16
Wow....it must have been really hammered for only a $1,200 buy back. For parts alone (even with the mileage) the car is worth 6-7 times that. If I were her, I'd take the cash, but the car back, then part it out. For the $13,800 she'd be left with after the buy back, plus what she could get parting it out, she could find herself behind the wheel of low mileage '11 GT.
 
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