I need your help before I buy

[Envious]

I currently own a show-quality Black '94 GT but have been looking for an affordable Cobra for about 2 years now. Originally looking for a '96-'98 Black on Black Cobra because of the 305 hp. I think I may have found something. A local car dealer has a Black '95 Cobra on it's lot. It seems like a good deal, but I need some experienced Cobra owners to help me out. I hope you can - and soon! Here are the particulars I have on the vehicle:
1995 Black on Black 5.0 Cobra. Seems to be in very good condition. I took it out for a test drive and it seemed to run very nice. It felt strong and tight. The transmission shifted flawlwssly, the steering was precise & the ride was very good. The interior and paint were very good. The Mach 460 stereo seemed to work well although I didn't have a cassette or CD to try. It sounded as if, and looked like, it had an offroad h-pipe (missing rearward cats)and aftermarket mufflers. Mileage: 78,000 (which worrys me a little - should it?) The more disturbing thing was that it died on me after exiting the freeway. It fired right back up, but died at a stop light. It fired back up after a few cranks and was OK after that (what could that be all about). The dealer says they have extended bumper-to-bumper warrantys that I could elect to get, but they would check it out & let me know what's up with a disclosure they produce for prospective buyers. Price: $11,800. If I did get it, I'm going to trade my '94 GT in on it. Again mine's in excellent condition and I'm sure they'd like to have it on their lot. I apologize for being so long-winded.
I'll wait on my decision till I hear from as many of you as possible. I'd like to go back in to talk to them some more tomorrow.

Anxiously waiting for any input,
Envious in Nebraska
:burnout:

[98banana]

You may want to post this in the 5.0 forum. They may be able to help out.

I can't help with the problem, but I would just say to be careful. Sounds like you've got a pretty nice Mustang to start with. Just be careful and patient.

Also, 78,000 miles doesn't sound too bad for a 7-8 year old car.

Good luck with it and keep us informed of your decision.

[Envious]

Thanks for the response. I posted on the 5.0 forum as you suggested. Mine is nice, maybe I'm bored... But it's only an automatic with a shift kit. I was surprised to see that the 95's are only rated at about 240hp (?). I think my GT with it's modest mods (headers, pulleys, flowmasters & mac cold-air intake takes me close to that. Although mine is cleaner and in better overall condition, this one has potential. But it's still not a Cobra. There's just a certain mystique associated with them. At least that's the way I feel about them.
Thanks again:thumbsup:

[98banana]

Originally posted by Envious
Thanks for the response. I posted on the 5.0 forum as you suggested. Mine is nice, maybe I'm bored... But it's only an automatic with a shift kit. I was surprised to see that the 95's are only rated at about 240hp (?). I think my GT with it's modest mods (headers, pulleys, flowmasters & mac cold-air intake takes me close to that. Although mine is cleaner and in better overall condition, this one has potential. But it's still not a Cobra. There's just a certain mystique associated with them. At least that's the way I feel about them.
Thanks again:thumbsup:

I agree about the mystique of the Cobra. :thumbsup:

You may want to try the Corral for questions also. They have A LOT of traffic so somebody is bound to know the answer to your question.