03 Cobra or not?

Discussion in 'SN95 4.6L Mustang Tech' started by Modular2v, Jun 11, 2004.


  1. Modular2v

    Modular2v Founding Member

    Joined:
    Jun 30, 2002
    Messages:
    3,147
    Likes Received:
    7
    Trophy Points:
    59
    Location:
    oklahoma
    ok guys i have to ask a question and be completely honest!!!! I only owe 8,000 more on my 03 gt, is it honestly worth the money for the 03 cobra? keep in mind i will have to do an axel swap!!! I found this cobra for 29k$ with only 37 miles on the ticker and it hasnt been off the lot yet!!
    #1
  2. mustgt88

    mustgt88 New Member

    Joined:
    Apr 7, 2004
    Messages:
    50
    Likes Received:
    0
    Trophy Points:
    0
    I think the small body treatments make them look so much better than gt's. I think they are the best looking mustangs ever and better than the new 05 gt's. Personally I don't like the way they sound stock, but that is easily fixed with a new catback. My bro has an 04 and he loves it. It is a BARGAIN at 29k! Best 29k you'll ever spend :)
    #2
  3. 760-MPH

    760-MPH Founding Member

    Joined:
    May 9, 2002
    Messages:
    437
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Elkton, MD-Newark, DE
    go see what they will give you on trade-in first
    #3
  4. pony_vert02

    pony_vert02 New Member

    Joined:
    Mar 17, 2004
    Messages:
    285
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    AUSTIN,TX
    think about it this way... is an '03 Cobra with 37,000 miles worth $37,000...
    ( $29,000+/- for the cobra + $8,000+/- for the amount still owed on the GT)

    IMHO, NO!
    #4
  5. pony_vert02

    pony_vert02 New Member

    Joined:
    Mar 17, 2004
    Messages:
    285
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    AUSTIN,TX
    CORRECTION:

    Now it gets interesting... I see that the odometer is 37 miles, not 37,000..... then

    $37,000 for an '03 Cobra with 37 miles... hmmmm... If it were me, I wouldn't do it..
    #5
  6. pony_vert02

    pony_vert02 New Member

    Joined:
    Mar 17, 2004
    Messages:
    285
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    AUSTIN,TX
    doesn't matter what the trade in value is....he still owes the bank $8,000 +/-

    they'll tack that amount onto the cost of the Cobra
    #6
  7. mustgt88

    mustgt88 New Member

    Joined:
    Apr 7, 2004
    Messages:
    50
    Likes Received:
    0
    Trophy Points:
    0
    If you do buy. Make sure you slowly break it in tho. My bros supercharger went out and was only making like 3psi by like 2000 miles. There was a little incident at the dealership when they were washing it I guess the gas pedal was trapped under the carpet and when they started it she went all the way to the rev limiter. He thinks that may have blown it? They replaced it so it is all good.
    #7
  8. saleen137

    saleen137 New Member

    Joined:
    Nov 11, 2003
    Messages:
    199
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Bellflower
    Well if you trade it in then the money you get from the trade-in just pay off the loan and see how much you'll have as a down payment, and check your monthly payments and if you can afford it why not get it. Just my .2 cents
    #8
  9. Gray02GT

    Gray02GT Founding Member

    Joined:
    Oct 10, 2002
    Messages:
    644
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Eaton, Colorado
    I personally would not do it. I wish I had kept my GT, the 03 Cobra is ****ING BADASS, but is not worth the extra cost to me IMO, for how little i can actually make use of all the power on the streets.
    #9
  10. Ryan02Stang

    Ryan02Stang Active Member

    Joined:
    Jun 17, 2003
    Messages:
    1,202
    Likes Received:
    0
    Trophy Points:
    36
    Location:
    Arlington Heights, Illinois
  11. streetstang03

    streetstang03 unModerator

    Joined:
    Dec 27, 2003
    Messages:
    2,483
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    the dark side of the moon/home of the 1999, 2003,
    i would do it just for the seats
    #11
  12. Gray02GT

    Gray02GT Founding Member

    Joined:
    Oct 10, 2002
    Messages:
    644
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Eaton, Colorado
    Nah thats silly. I broke in my car the way I want to drive it, it runs absolutely PERFECT at 8300 miles, and made 415rwhp on a dyno with a catted h pipe, catback, K&N air filter and thats it for power mods.
    #12
  13. 760-MPH

    760-MPH Founding Member

    Joined:
    May 9, 2002
    Messages:
    437
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Elkton, MD-Newark, DE
    are you serious?
    #13
  14. pony_vert02

    pony_vert02 New Member

    Joined:
    Mar 17, 2004
    Messages:
    285
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    AUSTIN,TX
    absol-friggin-lutely! My brother sells cars in San Antonio, Tejas... believe me, if the dealer is paying off your loan i.e. $8000, they're making up that cost somewhere!
    #14
  15. Modular2v

    Modular2v Founding Member

    Joined:
    Jun 30, 2002
    Messages:
    3,147
    Likes Received:
    7
    Trophy Points:
    59
    Location:
    oklahoma
    dman its driving me crazy....i have parts sitting in my room for the gt and i dont know what to do with them!!!!!!!!!!!!
    #15
  16. 760-MPH

    760-MPH Founding Member

    Joined:
    May 9, 2002
    Messages:
    437
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Elkton, MD-Newark, DE
    lol, i know but what im saying is this...

    The thread starter didn't tell us how many miles his car has on it or the condition it is in. I assumed he would be trading in his GT on an 03 cobra. If he goes to trade in the GT and they offer him $15,000. He pays off his loan and then has $7,000 to put as a downpayment, which would make him only have to finance 22,000 + TTL.

    anyways, if you need to only finance approx 20-23k then go for it.
    #16
  17. pony_vert02

    pony_vert02 New Member

    Joined:
    Mar 17, 2004
    Messages:
    285
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    AUSTIN,TX

    in that respect, then heck yes go for it......I'm always thinking 'worse-case scenario'... meaning, he's upside down on the car...:nice:
    #17
  18. 760-MPH

    760-MPH Founding Member

    Joined:
    May 9, 2002
    Messages:
    437
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Elkton, MD-Newark, DE
    i sure as hell hope for all of our sake that an 03 GT is worth more then 8k
    #18
  19. GoBabyVroommm

    GoBabyVroommm New Member

    Joined:
    Mar 22, 2003
    Messages:
    1,157
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Chicago, For Realss???!!!
    If you can afford the 03 <i'm sure most of us can> and the insurance<we can't afford or stupid to pay> totally go for it. Its a really nice car. IMO it is the second best looking mustang ever built. First is the 00R. :)
    #19
  20. Modular2v

    Modular2v Founding Member

    Joined:
    Jun 30, 2002
    Messages:
    3,147
    Likes Received:
    7
    Trophy Points:
    59
    Location:
    oklahoma
    my car has 11k miles on it...and i would be selling it to my dad
    #20

Share This Page