Yeah but from the investigating i'm doing, the people wanting to sell their cobras have too many pts on their licenses, or insurance is WAY to high for them. So its not out of the question, but for the most part you are right in thinking that.
Okay, not trying to rain on your parade, but when I bought my cobra I checked the difference in insurance from a Gt to Cobra. $8. Both are considered high powered sports cars. Both have V8's and both cost about the same for insurance.
Ok not to rain on YOUR parade...but u have the best insurance company. Because check this out:
New Jersey Insurance (AIG):
2002 Mustang GT: $3,500 (no collision)
2001 SVT Cobra : $12,000 (w/ collision) $8,500 with no collision
* I have 1 speeding ticket at the age of 17, and 2 parking tickets and im 22 in July.
And don't even say it, i know jersey sucks. And i'm switching to Geico soon, which will drop me down to $2,600 (no collision) for my GT.