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Old 06-22-2012, 01:10 PM   #1
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Questions...Possibly Buying Cobra

I currently own a 99 v6. I have pondering over buying a Terminator for about a week now. What are some of the things I need to look for when buying a Cobra...any common problems with them? I would be buying it with about 45k miles on it..

Here is the link to the car. I have taken it for a test drive already and runs like a beauty...Is $22k about right for a good running 45k miles cobra terminator?

Cars for Sale: 2003 Ford Mustang Cobra Coupe in Chambersburg, PA 17201: Coupe Details - 323636664 - AutoTrader.com
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Old 06-22-2012, 01:13 PM   #2
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That's not a bad price, also look on the SVT forum for people selling theirs. Some have mods some don't, and you won't be ripped off by a mustang enthusiast to another.
But normally I see termis around here going for 26k with that mileage.
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Old 06-22-2012, 08:22 PM   #3
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i think its a good price, buy like he said, i think you can find a better deal in the forums
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Old 06-22-2012, 09:12 PM   #4
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Sounds like a good deal to me, many people want that much for one with twice the miles. Always have a 3rd party look at the vehicle too
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Old 06-25-2012, 12:31 PM   #5
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Re: Questions...Possibly Buying Cobra

I just recently bought a 03 Cobra (same color as the one you posted) I found it 60k miles for $16,000 Mint condition vehicle. When I got to the bank for some financing I was told that the worth of the car was around 17,800+/-. I asked what she was using to price the worth of the vehicle and was told NADA.

Hope that helps.
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Old 06-26-2012, 02:01 PM   #6
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Not trying to jack the thread but also may possibly be buying one. Here is one I'm looking at. What is a good price to offer? I'm hoping to at least get it Down to 25000
http://cauleycars.com/2004_Ford_Must..._151931147.veh
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Old 06-26-2012, 02:21 PM   #7
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Quote:
Originally Posted by Joel_L_H
Not trying to jack the thread but also may possibly be buying one. Here is one I'm looking at. What is a good price to offer? I'm hoping to at least get it Down to 25000
http://cauleycars.com/2004_Ford_Must..._151931147.veh
If you're buying it cash it's not a bad deal but if doing payments you're looking at like 29k after its all said and done
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Old 06-26-2012, 02:22 PM   #8
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Re: Questions...Possibly Buying Cobra

read this fully Terminator FAQs

as far as 45k miles 22k it best be VERY VERY clean, you should be able to find a 20k mile 03 cobra in great shape for around 22-24k~

45k mile if VERY clean should run 18-20k depending~

also you REALLY want to get it checked on a dyno AND do a compression leak down test Both need to pass and be good of course.

banks generally wont loan what 03/04 cobras are selling for FYI unless they are HIGH mileage.

My 03 cobra vert has 59k on it but regardless I wouldnt sell it 16k or 17k no matter what NADA said lol.... but if the price was right I am sure you can find a nice clean one that doesnt have issues.
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Old 06-29-2012, 12:36 AM   #9
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Re: Questions...Possibly Buying Cobra

Quote:
Originally Posted by SpectorV View Post
read this fully Terminator FAQs

as far as 45k miles 22k it best be VERY VERY clean, you should be able to find a 20k mile 03 cobra in great shape for around 22-24k~

45k mile if VERY clean should run 18-20k depending~

also you REALLY want to get it checked on a dyno AND do a compression leak down test Both need to pass and be good of course.

banks generally wont loan what 03/04 cobras are selling for FYI unless they are HIGH mileage.

My 03 cobra vert has 59k on it but regardless I wouldnt sell it 16k or 17k no matter what NADA said lol.... but if the price was right I am sure you can find a nice clean one that doesnt have issues.
Hahaha..i was just about to post the same link. Cobra Bob put together some great info.
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