I’ve always said that if money were no object and I had the chance to park a 1990s classic in my garage, the 1993 Ford Mustang SVT Cobra would be my first choice. I have always liked the styling of these vehicles, and the SVT enhancements gave these cars excellent performance by the standards of the day. This 1993 Cobra is a stunning survivor, boasting a genuine 13,000 miles on its odometer. It appears to need nothing, and I must say a big thank you to Barn Finder Michell G. for spotting this fabulous Ford listed here on Low Miles No Miles in Westville, New Jersey. You could take it home for $64,500.

The Fox-Body Mustang entered its final production year in 1993, with this generation surviving far longer than Ford anticipated. It suffered a sales slump in the mid-1980s, but plans for a replacement were soon shelved due to buyer backlash when Ford revealed a front-wheel-drive platform for its projected new model. The Fox-Body rallied as a result, still selling in respectable numbers in 1993. Ford planned a last hurrah for the badge, tasking SVT with the role of developing what many viewed as a car that would serve as a suitable finale. The result was the SVT Cobra, with 4,993 leaving the factory before production ended. Of those, 1,775 were ordered in Vibrant Red Clearcoat, as found on this car. This paint shade was the second most popular choice, with Black just pipping it at the post. Faulting its presentation is seemingly impossible, with no evidence of cosmetic shortcomings in the excellent selection of listing images. The paint retains a healthy shine, the panels are laser-straight, and the distinctive aero additions aren’t cracked or damaged. The beautiful 17″ alloy wheels aren’t stained or damaged, and this Mustang also features a glass sunroof.

It is fair to say that SVT performed some of its best work with the 1993 Cobra. It breathed new life into Ford’s aging 5.0-liter V8, equipping it with a wide selection of upgrades that squeezed out impressive power and torque by the standards of the day. These improvements included GT40 cylinder heads, an updated engine management system, larger-capacity injectors, an improved intake, and a unique exhaust. Ford quoted official power and torque figures of 230hp and 304 ft/lbs, but those who slipped behind the wheel of one of these classics seemed to share the opinion that the actual output numbers were significantly higher. All Cobras left the factory with a five-speed manual transmission, power assistance for the steering and the four-wheel disc brakes, and upgraded springs and Tokico shocks. The seller doesn’t mention any mechanical modifications, although the engine wears a different air cleaner assembly. Whether the original is included is unclear, but that is a question worth asking if investment potential is a key consideration. We’re also kept in the dark regarding this car’s mechanical health, although I see nothing suggesting that the news will be anything but good.

Ford offered 1993 Cobra buyers a choice of three interior trim types, regardless of which paint shade they selected. This car features Opal leather and is 1-of-1,000 cars featuring that trim and paint combination. It is another aspect of the vehicle that appears unmolested, retaining its factory radio/cassette player. Other factory features include air conditioning, power windows, power locks, power mirrors, cruise control, and a driver’s airbag. The only criticism that I can level at the interior is that the door pockets are suffering the typical sagging that comes with age. Rectifying the fault is a relatively straightforward DIY task for those with patience. Otherwise, the leather shows no evidence of deterioration, the dash hasn’t suffered at the hands of UV exposure, and the plastic is free from noticeable cracks.

If this 1993 Ford Mustang SVT Cobra had appeared on Barn Finds two years ago, I would have had no hesitation in saying that the seller’s price was appropriate for a classic of this caliber. Its presentation is excellent, and with no visible modifications beyond the updated air cleaner assembly, it appears to be a genuine survivor. Unfortunately, the 1993 SVT Cobra has declined significantly in the classic market over the past year, and values are continuing to fall slowly. That makes the figure borderline, although if values climb again, the buyer could smell like a rose. Therefore, it represents a roll of the dice as an investment proposition. However, sometimes it isn’t about the money, but about the joy that a classic provides. If you harbor those feelings, this could be the car for you.