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Old 02-17-2012, 10:13 PM   #1
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Thinking of selling 97 GT for 96-98 Cobra

I really would like to sell my 97 GT and pick up a 96-98 Cobra as my weekend car, while using the 04 GT as my reliable daily driver. What do you guys think? And what's the highest mileage wise I should go for a 96-98 Cobra? I figured there's a limit, but if 100K-120K miles isn't too bad for those cars I'll definitely see those as cheaper options to pursue (so long as it still looks great).

Any thoughts or comments?
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Old 02-18-2012, 11:39 AM   #2
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Re: Thinking of selling 97 GT for 96-98 Cobra

I'd keep the miles under 100k for those cars. Just a personal opinion. Even though the engine may be running decent at 100k or more, 100k miles is still 100k miles..typical wear and tear has taken its toll and components have worn and deteriorated. I'd plan on new plugs, gaskets, filters, belts, definitely check for leaks and seals at a minimum. I think I'm safe saying a Cobra at 100k miles has seen its fair share of abuse and "spirited" driving. There could be more significant problems at bay that you aren't aware of.

Not saying that's not possible with a low mileage car, but it's more likely on a higher mileage car imo. Plus those 4v's are more expensive to repair than the 2v's.

I guess it really comes down to what you can afford or are willing to spend.
A few years ago a guy around here picked up a 96 cobra with ~13k miles for 13.5k while same year cobras with 4 times the miles were listed at +15k, so it all depends on what you find and can afford.
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Old 02-18-2012, 03:31 PM   #3
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Re: Thinking of selling 97 GT for 96-98 Cobra

Lol I completely agree that a 100K+ Cobra has had its fair share of getting the **** kicked out of it. But if the engine and drivetrain are in good shape then that's a bonus. The main thing I wanted to see is even though it's over 100K if it's still worth buying (even though the price is lower than lower mileage cars). I was expecting "little" things to go wrong that'll need replacing because of age and miles (such as what you mentioned) but since this will be my 2nd car that will stay in the garage a good amount of time, I'm ok with taking the time and money to fix these things, so long as it's nothing severe. I understand there can be more problems at higher miles (as it is with every car) but I wanted to see if at that mileage it's a good idea for price.

I plan on spending up to $8000 on one. It all depends what I can get for my 97 GT. Hopefully I'll find a bargain because every now and then I have. But we shall see what happens.
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Old 02-18-2012, 05:49 PM   #4
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Re: Thinking of selling 97 GT for 96-98 Cobra

Yah I mean if it's going to be a weekend car that you don't have to rely on then that changes things. I'd just hate for you to pick one up with high miles and have it throw a rod 2 weeks after...

I mean if the car's been taken care of for 100k of those miles, then it's definitely worth buying if the price is right. There are a lot of guys who've bought high miles cars and had no problems with them, it's really a shake of the dice.

If you can spend ~8k, you could probably find a decent 96-98 cobra. I did a quick autotrader search and found a 98 coupe with 77k for 9k.
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Old 02-18-2012, 07:54 PM   #5
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Re: Thinking of selling 97 GT for 96-98 Cobra

Oh definitely. I would hate to buy just to HAVE to tear into the motor and fix it rgith away...hopefully I don't find a car like that. But no this isn't something I'll be relying on. I have my 2004 GT that I rely on every day, and with 74.5K miles on that, I should be good lol.

I've seen some for decent prices for miles but none around here yet. Plus I'm looking for a Rio Red one, so that just narrows the search even more. I'm sure in due time I'll get one. I'm just really excited. I've always wanted a 4V 5-speed car to toy with.
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Old 02-18-2012, 09:05 PM   #6
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Re: Thinking of selling 97 GT for 96-98 Cobra

Hell yah they are fun cars...I wouldn't mind getting into a Mach 1 with the 5spd some day...
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Old 02-18-2012, 10:08 PM   #7
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Quote:
Originally Posted by TheJigShow
I really would like to sell my 97 GT and pick up a 96-98 Cobra as my weekend car, while using the 04 GT as my reliable daily driver. What do you guys think? And what's the highest mileage wise I should go for a 96-98 Cobra? I figured there's a limit, but if 100K-120K miles isn't too bad for those cars I'll definitely see those as cheaper options to pursue (so long as it still looks great).

Any thoughts or comments?
If you could find one 70k-100k that was CLEAN I mean real clean you'd probably have found a car that had been treated pretty decently considering the age, for example my 95 purchased in Aug last year was almost perfect in every way with 79k and even w/ a SCT 4bank, ign, and suspension mods you clear it had not been abused. I say take your time and you will find an example that will scream 'cherry' at you and you'll know it good. Patience, something I don't have good luck with the hunt!
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