I am caught between wether to buy a new 05 GT in a year or so or to buy a 97 Cobra. The cobra has some aftermarket stuff (nothing serious that would cause any problems down the road) which suposedly gives it around 325whp. I would also save about $10K on the purchase and my insurance would stay about the same. Lookwise I like the 05 a lot better but the 96-98 body is my second favorite for the more recent stangs. I hate the cobra has a brand new engine with only 14k miles and the rest of it is suposed to be immac. The reason it has a new engine is that it was taken to jiffy lube or a place like it and they forgot to tighten the plug or filter (not sure which) but long story short it ruined the motor. Just want to find out what you other mustang lovers think.