It would seem that there are plenty of people on this planet who possess far greater levels of self-control than I do. For instance, there is no way that I could own a car like this 1993 Mustang Cobra for all of these years and only manage to allow it to accumulate 3,042 genuine miles. Of course, that lack of use means that the car is in as-new condition, and this helps to explain why the bidding has been so frantic since the Ford was listed for sale here on eBay. The Cobra is located in Leesville, South Carolina, and while there have been a total of 41 bids to this point which has seen the price soar to $46,001, the reserve hasn’t been met.

It’s always going to be hard to find much to be critical of when inspecting a car with so few miles showing on its odometer. The Vibrant Red paint, one of only four colors available on the Cobra, glistens in the sun. Magnifying the photos reveal no marks or scratches anywhere. However, it’s when you look underneath the vehicle that you begin to realize just how good this car actually is. I have included a couple of photos of the Cobra’s underside at the bottom of this article, and as you will no doubt see, even that area of the car is free of any marks or chips. The condition under there makes it hard to believe that the car has actually covered 3,000 miles. I doubt that you will find anything that looks a lot nicer in a car of this age. The alloy wheels appear to be flawless, while the addition of a factory flip-up sunroof would be a nice touch on those warmer days.

As was the case with the exterior, interior trim choices were very limited in the ’93 Cobra. In this case, we find Opal Gray leather, and once again, the presentation is as close to perfect as you are ever likely to find. There isn’t a mark to be seen anywhere, while the factory protective plastic covers remain intact on the front floor-mats. Moving on to luxury equipment, and the owner of this Ford will get their share of nice touches. These include air conditioning, power windows, power locks, a 4-way power driver’s seat, dual power exterior mirrors, a rear defroster, and a premium AM/FM radio/CD player.

With 1993 marking the final year of production for the venerable Fox-body Mustang, it seemed appropriate that a car that had remained in production for a staggering 15-model-years should go out on a high. Over those years of production, the 302ci V8 had received numerous upgrades, and by the time this Cobra rolled off the production line, power outputs had managed to creep back up into some pretty reasonable levels. In this case, the 302 pumps out 230hp, which finds its way to the 3.08 Traction-Lok rear end via a 5-speed manual transmission. This combination, especially in a car weighing in at a relatively light 3,225lbs, provides some quite reasonable levels of performance. For example, the Cobra is capable of accelerating from 0-60 in 5.9 seconds, covering the ¼ mile in 14.5 seconds, but should still wind its way to a top speed of 150mph. The originality of this car is pretty astounding, from the belts to the tires, and from the mufflers to hoses. The owner says that the vehicle starts and runs well and that he rates it as a “100 point” car if it were to be entered in any car show. The engine bay does present well, with only some slight discoloring of the cold-air intake hose to indicate that the Ford has any age to it at all. Included with the Mustang is a significant collection of documentation, including the Owner’s Maniual, Window Sticker, SVT Certificate, and a Marti Report.

There is no doubt that the bidding on this 1993 Mustang Cobra has begun to push up into the upper reaches of the potential value for a vehicle of this age, but its mileage and condition would seem to justify this sort of activity. Values on the Mustang Cobra have been growing at a steady rate over the past 5-years, indicating that these could potentially represent a solid long-term investment. If I was faced with the choice of having this car parked in my garage or sitting and staring at a Stock Certificate, I know which I’d be inclined to choose. How about you?