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Old 09-26-2006, 06:16 PM   #1
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94 Cobra

Ok, so here's the deal. My 58 year old secretary has an all original, all stock 94 Cobra with 23,000 miles on it. Its red with black leather, five speed. Her husband bought it for her brand new in 94. He passed away several years ago, and now she has decided to sell it. I want it, the problem is, she doesnt know what to sell it for, and im not sure what's a fair price to give her. She is a sweet lady and my secretary, so I dont want to screw her over, but I also want a good deal. Any suggestions on a fair price.
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Old 09-26-2006, 06:18 PM   #2
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Re: 94 Cobra

KBB at the very least wouldnt be screwing her over... for the miles and condition it is in maybe toss in another 1k...
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Old 09-26-2006, 06:24 PM   #3
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Re: 94 Cobra

Yea, what I dont get is, KBB says 6,950 and NADA says 8,975. Is KBB low or NADA high or I guess I could just split the difference.
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Old 09-26-2006, 06:30 PM   #4
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Re: 94 Cobra

Never used NADA just KBB... splitting it would probably be fair
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Old 09-26-2006, 06:56 PM   #5
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Re: 94 Cobra

It's probably worth 8-10k, depending on the condition.
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Old 09-26-2006, 07:10 PM   #6
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Re: 94 Cobra

The condition is excellent. She brought it to work today, I drove it around for awhile, its runs and drives great. Paint has no chips or scratches, no dents. I couldnt find a thing wrong with it.
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Old 09-26-2006, 07:28 PM   #7
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Re: 94 Cobra

If you can find the right buyer, a completely untouched 94 cobra could probably get you close to 12k with that low of milage. Id try putting it on ebay with a reserve of 10k, and buy it now at 12k and see what happens. Thats a rare sight to find a 5.0 cobra, unabused, in excellent condition, with hardly any miles. You'll get a decent buck for that if you wait it out for the right buyer for sure.

Good luck.

Also, to compare, I bought my 94 with 66k miles on it a year ago for 8k bucks... it was in pretty good condition, but not excellent like this one sounds like.
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Old 09-26-2006, 08:18 PM   #8
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Re: 94 Cobra

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If you can find the right buyer, a completely untouched 94 cobra could probably get you close to 12k with that low of milage. Id try putting it on ebay with a reserve of 10k, and buy it now at 12k and see what happens. Thats a rare sight to find a 5.0 cobra, unabused, in excellent condition, with hardly any miles. You'll get a decent buck for that if you wait it out for the right buyer for sure.

Good luck.

Also, to compare, I bought my 94 with 66k miles on it a year ago for 8k bucks... it was in pretty good condition, but not excellent like this one sounds like.
he's looking to buy it not sell it
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Old 09-26-2006, 08:45 PM   #9
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Re: 94 Cobra

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he's looking to buy it not sell it
lol... missed that little detail. Either way... take what i said for what its worth. Thats a damn good find
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Old 09-27-2006, 08:20 AM   #10
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Re: 94 Cobra

I would look at KBB and NADA and find out what others are selling them for (by looking around as some will try to sell them for far to much) My guess would be 10k~ give or take a bit. I know the low miles are very nice so I would definatly pay more for it IF it is in good shape (visually inspect it for upkeep and what not) make sure the paint is great and all that good stuff.
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Old 09-27-2006, 10:53 AM   #11
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Re: 94 Cobra

Thanks for everyones input. I offered her 8k she wanted 9, we agreed on 8500. So I am now the proud owner of a 94 Cobra. Thanks again for everyones help.
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Old 09-27-2006, 10:59 AM   #12
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Re: 94 Cobra

Pics please!
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Old 09-27-2006, 12:58 PM   #13
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Re: 94 Cobra

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Thanks for everyones input. I offered her 8k she wanted 9, we agreed on 8500. So I am now the proud owner of a 94 Cobra. Thanks again for everyones help.
Very sweet deal... now let the modding begin!!!!
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Old 09-27-2006, 03:26 PM   #14
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Re: 94 Cobra

Im gonna pick it up this weekend, then Ill take some pics and post them. And now I get to start looking through past posts to see where to begin with mods. Somehow, I think the initial investment is going to be the cheap part of this adventure.
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Old 09-27-2006, 04:37 PM   #15
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Re: 94 Cobra

If it were mine, any mods I do would be reverseable and I'd keep the original parts.
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Old 09-27-2006, 05:28 PM   #16
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Re: 94 Cobra

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If it were mine, any mods I do would be reverseable and I'd keep the original parts.
Why, because you think it would be worth more stock, or just so you could transfer everything if you sold it and bought another.
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Old 09-28-2006, 06:14 AM   #17
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Re: 94 Cobra

If you ever sell it you'll want to sell it as stock as you can - so keep them incase - that's why they were saying an untouched car would bring in more money .... people tend to think it wasn't beat on as bad if its all stock .... we all know that's not usually the case ....
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Old 09-28-2006, 08:01 AM   #18
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Re: 94 Cobra

Ok, makes sense. Thanks
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Old 09-28-2006, 08:36 AM   #19
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Re: 94 Cobra

keep every part that comes off of it, no need in selling. They can be very useful if you ever needed to put it back to stock. The stock 94 cobras are not amazing performers but they are extremly cheap to make fast.
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Old 11-01-2006, 12:38 AM   #20
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Re: 94 Cobra

Prices have skyrocketed this year.. It honestly could sell for $10k without a problem if advertised well. if its in the condition you say its in. IMO $8k would be ok.
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