I received the following email today. Looks like we won't see the Cobra back until mid-'06 as an '07 model: BUY NOW or PLAY LATER? PowerLease Puts You in the SVT Driver's Seat for '04 and Beyond If you've been thinking, "Should I buy a 2004 SVT vehicle or hold off and wait for the next-generation version when it comes out?" - SVT has come up with the perfect solution for you! The Ford Special Vehicle Team has launched an innovative new lease program called PowerLease that not only gives you a great Ford Red Carpet Lease deal on a brand-new 2004 SVT Mustang Cobra or SVT F-150 Lightning, but comes with a special twist: Every SVT PowerLease customer will receive a priority option on one of the first next-generation SVT vehicles to be produced. The length of the lease is custom-designed to expire at about the same time that the all-new 2006 SVT F-150 Lightning or 2007 SVT Mustang Cobra are due to arrive - currently scheduled for production in late-2005 and mid-2006, respectively. There are even provisions to shorten or extend your lease as necessary. With the SVT PowerLease, you really can have your cake and eat it too: Drive and enjoy your 2004 SVT vehicle now, and when your lease is up, you'll be first in line to roll right in to an all-new, next-generation Lightning or Cobra - with no waiting! The SVT PowerLease is a limited-time program, so don't delay! For more information on this special SVT PowerLease program, visit the certified Ford SVT dealer nearest you, check out the SVT Newsroom at www.svt.ford.com or call 1-800-FORD-SVT by June 30, 2004.