1993 Ford Mustang SVT Cobra with 4,428 genuine miles!

As a finale to the production of the Fox-body Mustang, the SVT Cobra and Cobra R seemed to be a fitting way for the long-lived model to bow out. This 1993 SVT Cobra is a low-mileage example that is in excellent condition. With a mere 4,428 genuine miles showing on the odometer, it really appears to be as close to a new 1993 model as it is possible to buy today. The Cobra is located in Farmingdale, New York, and is listed for sale here on eBay. With bidding now sitting at $40,600 and the reserve having been met, this is a classic that is about to head to a new home.

While the numbers reflect the fact that the Teal Metallic paint was the least popular choice of available colors for the 1993 Cobra, it is probably the most striking. It is a color that still holds up surprisingly well today, especially on well-preserved machines. That appears to be the case with this car. The Cobra has spent its life in a climate-controlled garage, and this has helped to retain the car in “as-new” condition. The owner supplies a number of photos of the underside of the Cobra up on a lift, and it really is spotlessly clean. The paint appears to be free of even the smallest of chips or marks, while the original 17″ alloy wheels are free of curb strike and discoloring. The SVT spoilers don’t appear to have any issues with cracks, while the Cobra is also fitted with a very neat factory sunroof.

When it came to interior trim for the SVT Cobra, the owner was faced with three different choices. In this case, the owner has chosen Opal Gray cloth. Interior trim for the Cobra was essentially identical to the GT, but one item that separated the Cobra from the GT and LX was the distinctive factory “Cobra” floor-mats. These are now an exceptionally hard item to find in decent condition, and the ones in this car look to be as good as new. The rest of the interior trim looks to be in the sort of condition that you would expect from a low-mileage and well-preserved car. There are no issues to report, and no aftermarket equipment has been fitted to the car. The Cobra comes equipped with the previously mentioned factory sunroof, along with air conditioning, power windows, power seats, power locks, and a CD player.

Under the skin of the original Mustang, SVT waved their magic wand to produce the Cobra. With some tweaking, tuning, and a few off-the-shelf parts from the Ford inventory, the 5.0-Liter V8 engine jumped from producing around 205hp, up to 235hp. This power found its way to the rear wheels via a Borg Warner T-5, 5-speed manual transmission. Braking duties were taken care of by 4-wheel disc brakes, while the Cobra was also fitted with power steering as standard. This particular Cobra remains completely original, and with only a little over 4,000 documented miles on the clock, is barely run-in. Even though the car has done so few miles, the owner still has the Cobra serviced annually, and it still drives like a new car. The Cobra also comes with a reasonable collection of documentation, including the original Owner’s Manuals, original Window Sticker, original Bill of Sale, along with the Cobra-specific certificates and brochures.

In 1993 there were 4,993 SVT Cobras built, and this particular car is #43 off the line. It does appear to be in “as-new” condition, and the popularity of these is reflected in the strong bidding on this particular car up to this point. Values on the SVT Cobra were flat for a while, but they’ve started to pick up in recent times. While it is definitely possible to find one for sale for under $20,000, really good examples can command around $35,000. This one is a documented low-mileage example, and that explains why the bidding has been so strong. After all, it isn’t every day that you get the opportunity to buy what is effectively a brand new car that is 26-years-old.

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Comments

  1. Jwinters

    didn’t I see this car on here at least twice before already?

    Like 7
  2. Arthell64 Member

    These are great cars that had a decent build quality. Fun to drive and fairly easy to work on. I like it

    Like 1
  3. Superdessucke

    FWIW, a brand new Mustang GT with the PP2 package has an MSRP of $44,950. I guess if you really love these Cobras, you could justify the purchase that way – by telling yourself that it cost you just a bit more than a brand new Mustang GT PP2 that can beat many exotic supercars on a road course and blast through the quarter mile faster than a 1969 Hemi Road Runner. My question is would you be afraid to drive it given the miles?

    Like 7
    • Steve R

      What point are you getting at? Similar assertions can be made about any older/classic car, it’s always been that way, except for the mid-70’s to early-80’s.

      Steve R

      Like 2
      • Superdessucke

        My point is you can get a much better car for less money I guess.

        Like 1
      • Steve R

        If that’s the only thing that matters, what’s the draw of the older cars? Classics would have little to no value if that were the was all that people were concerned with.

        Steve R

        Like 2
      • Superdessucke

        Guess I reckon I don’t know. Older cars are great at the right price point? Looking at this, I just think there’s a much better deal to be had with the new PP2, and then use the savings to buy something nice.

  4. irocrobb

    I love the colour on this one. I had 3 different GT Mustangs back then but never a Cobra. They were all fast and reliable cars but the Z28s from the time would out handle them easily,IMO
    I imagine this car will hit 45 grand. They have risen in price a lot in the last 10 years.

    Like 1
    • Superdessucke

      Yeah, 45k is probably about right. Chalk this up to one I simply don’t understand but good for the owners. I also like the colour. Probably the best one.

      Like 1
      • Maro

        Nostalgia doesn’t have anything to do with whether that car can outperform something new. That was a lot of people’s dream car when they were a teenager…now they can afford it, and the bidding ensues. Pretty simple.

  5. irocrobb

    The part that impresses me the most is,how much technology has moved forward. This was a pretty serious car 26 years ago. Fast forward to today, and my Sonata 4 cylinder will almost run the quarter mile in the same time time and pull off 40 mpg.
    I sure do not recall seeing many of these when they were new. I guess its because they were expensive, and living in a small rural town where pick ups were driven by most.

    Like 4
  6. Dan

    Sure, a new Mustang GT is a much more capable car. I probably sound clichéd here, but Ford will produce as many new Mustang GTs as people are willing to buy; they’ll never build Fox-Bodies again. I’d guess at least a few interested parties are well-funded guys from my generation (I was 14 when this car was built).

    Like 1
  7. Troy s

    Another low mileage Mustang Cobra, got to admit that color is pretty nice. Limited production car, cause for the rarity a mentioned above. Ford was building some neat machines in this era and cars like this could be enjoyed fully…
    Some cars produced now make so much power you’ll never get to use All of it, I mean with horsepower ratings going well over 400..500….even more the chance of getting a full run on the street is nearly impossible, down right insane. Just a thought.
    Too bad these have shot up in price so much as the best bang for the buck factor seems to have made an exit.

    Like 3
  8. Tom

    The 93 Cobras are a one year production vehicle. End of story…yeah you can go buy something else newer at the 93 Mustang cobra’s price. These Mustangs are growing in value every day the same cannot be said for a new vehicle

    Like 1
    • 36Packard

      Well, maybe. what if the “Green New Deal” goes through and in ten years gasoline is either outlawed or non existent? What happens to your non drive able investment then? For petes sake people, do not invest, DRIVE! if this car makes you happy and are willing to spend 45K on it, good for you! But do not keep it in a bubble, use it, enjoy it. As has been pointed out here, except for a very few examples, cars in general make crummy investments. The investment idea has soured the hobby far too long, lets all buy what makes us happy and drive them, returns be damned.

      Like 2
      • Superdessucke

        Yeah maybe that’s why I’m not understanding this. I just believe in driving. I’d be afraid to drive this given the money I paid. Not saying a ’93 Cobra wouldn’t be cool but I would get one with 60-80 thousand miles so I could use it at least!

  9. MrMustang

    The owners will probably trailer these cars to shows and events and there’s nothing wrong with that if that’s your forte. Me, I have a GT350 and I run it on the track, no street duty, just track.

  10. Original Cobra

    What ever happened to this car?

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