There’s really not much to say about any car with just 670 original miles, other than that it’s a new car. Of course, when it’s a Fox body-era Mustang Cobra, it’s way more interesting than something left forgotten at your local Hertz lot, but the point remains that one would hope there’d be nothing exceptionally wrong with such a specimen. The Cobra models from the early 90s have been swimming out of the woodwork lately as if someone told these owners the time is now to unload that mothballed muscle car they’ve been sitting on. This one is listed here on eBay with a Buy-It-Now of $73,500 and the option to submit a best offer.
Of course, I’d commit the ultimate sin with a car like this and drive the doors off of it. The older I get, the more I wonder just what it would take for me to be in a position to keep a car under wraps and never use it. As it is, I don’t get to drive my projects nearly enough, with their odometers barely clearing 300 miles a year – yet they still need a respectable amount of annual maintenance. To own a car solely for the purpose of not driving it just boggles the mind, especially when the value doesn’t appreciate enough to justify the cost of simply owning it. Now, in the case of this Cobra, the seller may have done alright if he gets anywhere near his asking price.
When new, a Cobra would you back just under $20,000 in 1993 dollars. Adjusting for inflation, that same car would cost just over $33,000 today (internet Ford and math sleuths, keep me honest – I’m basing MSRP on what Google tells me). So, there’s a chance the seller will make out OK on his decision to never drive a car that was built to be driven. The gray leather interior is in outstanding condition, with nary a sign of someone’s hind quarters blowing out the bolsters or scratchy jeans causing the stitching the come undone. The Cobra is, in effect, exactly what you would have been so lucky to drive away with if you could have bought one new in 1993.
Thankfully, the owner has stuck to his guns and not thrown on an exhaust or bolted in a cold air intake, no matter how temporary those modifications may be when the stock parts are retained. The engine bay presents incredibly well, just like the interior and the body that surrounds it. The asking price may be strong to some, but it’s also likely one of the newest, if not the newest Cobra Fox body left on the planet. The seller is surely in a position to ask for top dollar, though I am curious what an acceptable best offer would be for a car like this. What would you offer price-wise for an almost brand new Mustang Cobra?
Have prices on these, even super-low-mileage examples like this, reached this level?
Agree with Bob_in _TN, $73k seems high for a Fox Mustang. Especially one you risk losing a ton of value on if you drive it. Interestingly, the 2020 Shelby GT350R starts at the same price. Wonder if the dealer, Prime One Motorsports of Davie, FL at least made the owner a decent deal.
I guess it’s worth what someone will pay for it.
That seems quite a bit of a high price even though it has less than 1000 miles. It would be my luck that all the seals hoses and gaskets have dried rotted out and it would leak like a sieve after about a week. I’ll just have to pass on this one
It would still run like a banshee just keep oil and coolant in those motors that’s pretty simple.
Insanity! Sorry, I had to say it.
I’m trying to think of a comment, but got nothing.
I was thinking the same thing.
Good luck selling it for that price. I can buy a Grandnational for 30,000 with 700 miles on it.
Belongs in the Ford mustang museum, if there is such an animal.
Can’t drive it w/o destroying the value & will get beat at a stoplite by a new one.
The 1993 cobra is my favorite mustang. Not everyone wants a g body.
Years ago when I was a new car salesman in a Ford dealership I had a sales manager that had, what I thought, was the greatest one liner for the auto sales business.
“THERE IS AN ASS FOR EVERY SEAT.”
People buy what they want to buy. I have seen people fall in love with the ugliest, in my opinion, cars ever and pay way more than they should have. While this one is certainly not an ugly car, someone will fall in love with it and have to have it and probably pay close to this asking price.
RIP Angelo, you taught me a lot about the car business.
I had a similar mentor!
These cars are the benchmark (except for the few Cobra Rs made) for the Fox platform. Guys who grew up with them now have time and money for a toy. I have one, but it’s got 115K on it and I have enjoyed every mile that I added to it with no regrets. This car hasn’t even been broken in properly, it is destined to be a museum piece.
My neighbor just sold his 93 Cobra Mustang with 28,000 miles on it in what I would say immaculate condition for $10,000 Cash!
Sorry but that is no more than a $45,000 car . At most.
This is a nice example BUT 73k the owner is delusional, i have a 94 cobra bought new with a 120k on the clock a 1966 GT350 with 73000 on it and my 2016 GT350 with 24000 on it they are meant to drive not meant to be trailor queens and when i can buy a new R model with 525 hp for73k well I don’t see the owner getting close to that
I noted the car is for sale by a dealership. They have a fancy website and several high value cars for sale. They make it look like a serious car dealership, however when I look at the location using Google satellite view, if the google maps location is correct, they are operating out of a storage facility. Photo shows multiple rows of storage buildings with overhead doors. Plus the building has no plumbing stacks coming up thru the roof, that would indicate the building has no bathroom, restricting it’s use to storage only.
Maybe they are an upstanding company, but when I see a car advertised like this one, with no information on it’s history, and they are posing as a serious upscale dealership but operating out of a warehouse location using a corporate name of Hummer Connections, Inc, the red flags go up.
I am willing to bet just about any amount that this stang’s mileage at 670 is not accurate. These are very easy to spin, and with 3 owners the first 1 having it over 20 years..no way! You can tell by the drivers seat, this car probably has 10-15k miles with a lot of attention kept on keeping it look new…but 670 miles no freaking way
Not to mention the ease of access at the trans to unscrew the speedo cable if you’re not planning on putting a lot of mileage on the car anyway.
An OBSURD price! You can buy a house for that amount!!!
I’m not buying it only because I have 1992 GT Cobra every option with 7200 miles and it is 10 times cleaner everywhere on mine ?? This seat looks dirty compared to mine . I think this is under 20,000 miles yes but maybe all his friends couldn’t stay out of it or something. As I car buyer for a large company I would say she’s been Zapped and yes there is a machine that does it with a digital programming device but I would think the true miles would be stored . That price is insanely high !! But to some people who have it what’s $75 grand on a cool ride . At least it’s NOT a Tesla mall scooter.
Only worth what someone willing to pay. I wouldn’t drive it only because illegals drive 90 mph on roads posted where I live. Guess what? They don’t have insurance or a license. But cops ignore it all.
In our garage sits a 1993 Cobra with 15k miles. We walked into the dealership and wrote a check for $24,001 and drove it home. Teal, gray leather, moon roof, pretty sure it has every option available at the time. It was a gift from hubby’s sister.
eBay now says $69500