1996 SVT Mustang Cobra, 28626 miles, DROPPED PRICE by $8,500 from $22,500, Must Sell!
Let my loss be your gain!
Well, I guess I am giving it away. This is the final drop in price and I can't sell it for any less. I am losing several thousand and it is worth $22,000. But if it doesn't sell quickly at this price, I will raise it back to $22,500 and keep it in storage.
Don't let this one get away! This is a heck of a deal! An average high-mileage car costs around $10K. This car is a classic in its prime. You are getting a car that is 8 months away from being registered as an antique. It looks great, runs great, and drives even better. It is 8 months away from being 25 years old with only 28,660 miles. This car is fun to drive and close to being in condition for a museum, collection or showing. Even the key fobs looks great.
The major change for the 1996 SVT Mustang Cobra was the move to a brand-new, unique powertrain which was the first year it came available, a hand-assembled, all-aluminum dual overhead cam (DOHC) 4.6-liter V-8 rated at 305 horsepower. With its high-revving characteristics, the Modular engine was worlds apart from the venerable 5.0 small-block and ushered the SVT Cobra into a new era of modern performance. The engine change brought about a 65-hp increase over the previous year, good for a 0-60 mph time of 5.9 seconds, the quarter-mile in 13.9 and a top speed of 152 mph. While based on an updated version of the Fox platform, the new fourth generation Mustang was a thoroughly new car and the first major update for the Mustang in 15 years.
Instead of mixing the thoroughbred Cobra V8 among lesser engines at the Romeo, Michigan manufacturing plant, Ford had chosen to assemble the DOHC power plant off-line using a dozen two-member teams. Each team will build one engine start to finish and sign off their creation before sending it on its way. This personalized touch also happens to be a longstanding tradition at Aston Martin, the most exotic nameplate owned by the Ford Motor Company. Now, with true craftsmanship and 305 horsepower snorting under the muscle-Mustang’s hood, America’s original pony car enjoys world-class bragging rights. Fords Special Vehicle Team were also responsible for the great design touches like the unique fascia hood scoops, and coiled snake badges, and they also engineered this coupe to have the performance to back up its sporty image. Since this is a modern classic, you also get to take advantage of features like dual airbags, four wheel disk anti-lock brakes, power windows, locks, mirrors, drivers seat, cruise control, remote keyless entry and lighted visor mirrors. This car is also has a very “retro” feel with ashtray and a cigarette lighters and cassette player.
This Cobra is barely broken in with the current mileage at 28,660 and can be put up to preserve as an investment now, or enjoyed for many years to come. This car is special because it is all original. It’s like a 24 year –old car coming off of a three year lease. The special options when purchased were compact disc player, Mach 460 AM/FM stereo cassette player, anti-theft system, black power-controlled convertible top, and leather seats. It had a sticker price of $29,540. I have all the original manuals and the window sticker and the original cassette to demonstrate the cassette player. The only changes have been new chrome wheels (but I have the originals), cold-air intake (but I have the original intake), and Borla black cat exhaust. These options have taken it from 305 horsepower to about 315 horsepower. This model is smaller and lighter than the later model Mustangs. The first four gears give you all the torque you could want and fifth gear gives you more top-end speed than you can handle. This car was superbly engineered to give you the old-school muscle car feel but usher in what was to come.
Of the 2,510 convertibles produced in 1996, there were only 962 red convertibles produced which leaves you to wonder how many were top end SVT Cobras and how many are left 24 years later in original condition. If you are a Mustang collector or just someone who wants a great sports car with modern performance, handling and safety, cars like this don’t come up very often. Don’t let this one get away!
This information was copied from Ford:
Type: 90-degree, DOHC 32-Valve V-8
Displacement: 4.6L / 281 CID
Horsepower: 305 hp @ 5800 rpm
Torque: 300 lbs.-ft. @ 4800 rpm
Bore x Stroke: 3.55 in. x 3.54 in.
Front: Modified MacPherson strut type with separate spring on lower arm, 400-505 lbs./in. linear-rate coil springs, 29mm stabilizer bar
Rear: Rigid axle, upper and lower trailing arms, two hydraulic links, 160-265 lbs./in. variable-rate coil springs, 27mm stabilizer bar
Front: 13 in. vented disc, PBR twin-piston caliper
Rear: 11.65 in. vented disc, single-piston caliper
ABS: Bosch, three channel, four-sensor system
Wheels: 17 x 8 in. 5-spoke cast aluminum
Tires: BFGoodrich Comp T/A P245/45ZR-17
0-60 mph: 5.9 seconds
60-0 mph braking: 127 feet
1/4-mile @ MPH: 13.99 seconds @ 101.6 mph
Total Produced 10,003
Total Coupe Produced: 7,493
- Black: 2,124
- Mystic: 2,000
- Laser Red: 1,940
- White: 1,429
Total Convertible Produced: 2,510
- Black: 1,054
- Laser Red: 962
- White: 494