Value of a 94 Cobra

SVT3191 · 11-03-2004, 12:13 AM

I recently viewed a 94 Cobra Convertible for sale in an auto trader at a local dealer. The price was 21k. I questioned the dealer about the price, why so high, was it supercharged? etc etc.

He wrote back that the 94 SVT Cobra was rare, only 1000 made and it had only 9300 miles on it, and was number 900something. And it was an Indy Pace Car model, but not supercharged.

Was I being lied to or is that the truth, that they are much rarer than my 98 Cobra Convertible?

Thanks

**cobrabitn** · 11-03-2004, 12:47 AM

We just had this same question on our technical mailing list. I bought my 1994 Indy car #22 for 16K even and it had 9390 miles on it. There were 1000 of them produced and all of them are red with a tan top and interior. I would go by www.kbb.com and add a couple of grand for collectability. He is pricing himself out of the market.

I don't know if this convertible is more rare then yours but it is probably more collectible.

Just my .02 worth!

Jesse99 · 11-03-2004, 12:47 AM

No the dealer wasn't lying.. The 94 SVT Cobra Convertable Pace car is rare.. Only 1000 was made.. Yes it's more rare than the 98 Cobra since the 98 Cobra had a 3480 build number on the Cobra Convertibles.. Now the most rare Cobra's ever made were the Cobra R.. Which were made in
93 with only 107 made,
95 with only 250, and
2000 with 300
Hope that helps.. Later

SVT3191 · 11-03-2004, 09:23 AM

Thanks Guys for all your replies to my question. Really helped

Butcher · 12-17-2004, 06:51 AM

Quote:

Originally Posted by Jesse99

No the dealer wasn't lying.. The 94 SVT Cobra Convertable Pace car is rare.. Only 1000 was made.. Yes it's more rare than the 98 Cobra since the 98 Cobra had a 3480 build number on the Cobra Convertibles.. Now the most rare Cobra's ever made were the Cobra R.. Which were made in
93 with only 107 made,
95 with only 250, and
2000 with 300
Hope that helps.. Later

Only thing he skirted on was the blown part. From the factory, 94 SVT wasn't blown.

Jimmie

95cobraR · 12-17-2004, 05:19 PM

I prefer NADA.com for cars over five years old (but I cross check kbb.com). NADA also has values for the 93/95/00R's.

I just checked the '94 Cobra 'vert with 9000 miles. It showed $12K. I agree with cobrabitn. You'll need to adjust it, but I think it should be closer to $16k than $21K.

I'd still go over it very carefully. Be sure it hasn't been hit. Everything must be perfect.

11-03-2004, 12:13 AM	#1
SVT3191 Registered User Join Date: Jun 2004 Posts: 7	Value of a 94 Cobra I recently viewed a 94 Cobra Convertible for sale in an auto trader at a local dealer. The price was 21k. I questioned the dealer about the price, why so high, was it supercharged? etc etc. He wrote back that the 94 SVT Cobra was rare, only 1000 made and it had only 9300 miles on it, and was number 900something. And it was an Indy Pace Car model, but not supercharged. Was I being lied to or is that the truth, that they are much rarer than my 98 Cobra Convertible? Thanks

11-03-2004, 12:47 AM	#3
Jesse99 Registered User Join Date: Mar 2004 Location: Arlington (D/FW) Posts: 333	No the dealer wasn't lying.. The 94 SVT Cobra Convertable Pace car is rare.. Only 1000 was made.. Yes it's more rare than the 98 Cobra since the 98 Cobra had a 3480 build number on the Cobra Convertibles.. Now the most rare Cobra's ever made were the Cobra R.. Which were made in 93 with only 107 made, 95 with only 250, and 2000 with 300 Hope that helps.. Later __________________ 2007 modded Shelby GT500 1979 Z28 Camaro 1983 T-Top Z28 ---------------------- 2011 5.0 mustang - Sold 2004 Fire Red Cobra Convertible- Sold 1999 Rio Red Cobra Convertible #93/4055 -Sold 1980 Turbo Trans Am - Sold

12-17-2004, 05:19 PM	#6
95cobraR Registered User Join Date: May 2003 Location: Atlanta Posts: 161	my 2 cents I prefer NADA.com for cars over five years old (but I cross check kbb.com). NADA also has values for the 93/95/00R's. I just checked the '94 Cobra 'vert with 9000 miles. It showed $12K. I agree with cobrabitn. You'll need to adjust it, but I think it should be closer to $16k than $21K. I'd still go over it very carefully. Be sure it hasn't been hit. Everything must be perfect. __________________ 1995 Cobra R #113 2019 Mustang GT350 #K1868 15 Year SCMC member

11-03-2004, 12:47 AM	#2
cobrabitn Dr Jekyll on the street, Mr Hyde on the track Join Date: Jun 2001 Location: Rock Hill SC Posts: 14,649	We just had this same question on our technical mailing list. I bought my 1994 Indy car #22 for 16K even and it had 9390 miles on it. There were 1000 of them produced and all of them are red with a tan top and interior. I would go by www.kbb.com and add a couple of grand for collectability. He is pricing himself out of the market. I don't know if this convertible is more rare then yours but it is probably more collectible. Just my .02 worth! __________________ Cobrabitn 2016 Ruby Red Metallic with Caribou accent F-350 Crew Cab Stump Puller! 6.7 Diesel Automatic with Chrome Package, Off Road Package, 3.55 Locking axles, and Ultimate Lariat Interior Trim Package! 2017 Shelby GT350 Coupe - track car! Mods: JLT True Cold Air oil catch can 2009 Vista Blue Shelby GT 500 Coupe - Garage Queen Tinted Windows JLT True Cold Air Kit Pro-Dyno Tune 526 rwhp - 511 rwtq 1994 Rio Red Indy Pace Car #22 "Runabout" Snake in the grill MGW shift knob 1996 SVT Cobra Wheels 1969 New Lime Mustang Mach 1 Sportsroof - Second owner - bone stock with shaker. One SVT Cobra, one Shelby GT500, one 69 mach 1, and a Shelby GT350 is better than nothing! Custom Data Plates for your Mustang or Ford! Buy "Cool Merchandise" at Data Plates Plus www.dataplatesplus.com See my MSR Video here!

11-03-2004, 09:23 AM	#4
SVT3191 Registered User Join Date: Jun 2004 Posts: 7	Thanks Guys for all your replies to my question. Really helped

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