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Old 01-29-2009, 12:41 AM   #1
mustangtodd
 
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Default 2003 SVT Cobra value

I am trying to gauge what a 2003 Mustang SVT Cobra Convertible may be worth...

My boss is selling his 2003 SVT Mustang Cobra Convertible and has tasked me with trying to sell it for him since I am the "company motorhead" and he does not have time to take calls, etc.

It is Black exterior, Black top, and black/graphite interior. It has only just under 17,000 miles and is in new condition. The 15,000 mile service has just been completed and it has only been serviced by the Ford Dealer. It is adult driven and does not have any mods on it..Totally stock

Kelly Blue Book, Edmunds, and NADA put it at around $20,000, but a quick search of Autotrader for all of similar cars with under 30,000 miles were priced from $25,000 - $30,000.
I am not too familiar with the desireability of these cars, but based on what we have seen he would like around $27,000.. Is this way out of line for a line new 17,000 mile car?

If so, what would be a fair starting asking price?
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Old 01-29-2009, 09:46 AM   #2
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Take this question, it may be moved before you read this, to the SVT section as you will find MUCH more info there.

I would say off-hand it is worth about $900 and will be happy to meet you later today and give you cash. I would like a test drive though, as my offer is really high Blue-Book

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Old 01-29-2009, 09:52 AM   #3
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Honestly with how popular those cars are with decent mileage he could get close to that IF the market wasn't in the condition its in. Low $20K would probably be around the going price.
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Old 01-29-2009, 04:29 PM   #4
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Quote:
I would say off-hand it is worth about $900 and will be happy to meet you later today and give you cash.
Classic Jazzer!

I, on the other hand, not being a cheapskate like Jazzer....will offer your boss $1100.
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Old 01-29-2009, 04:40 PM   #5
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just like eBay..... my items always get sniped
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Old 02-12-2009, 10:55 PM   #6
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Quote:
Originally Posted by mustangtodd View Post
I am trying to gauge what a 2003 Mustang SVT Cobra Convertible may be worth...

My boss is selling his 2003 SVT Mustang Cobra Convertible and has tasked me with trying to sell it for him since I am the "company motorhead" and he does not have time to take calls, etc.

It is Black exterior, Black top, and black/graphite interior. It has only just under 17,000 miles and is in new condition. The 15,000 mile service has just been completed and it has only been serviced by the Ford Dealer. It is adult driven and does not have any mods on it..Totally stock

Kelly Blue Book, Edmunds, and NADA put it at around $20,000, but a quick search of Autotrader for all of similar cars with under 30,000 miles were priced from $25,000 - $30,000.
I am not too familiar with the desireability of these cars, but based on what we have seen he would like around $27,000.. Is this way out of line for a line new 17,000 mile car?

If so, what would be a fair starting asking price?
You might get 23k.
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Old 02-13-2009, 08:17 AM   #7
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Can you post some pics up?
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Old 02-13-2009, 08:39 PM   #8
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I would say 25k if it's in as good of condition as stated...its hard to find these stock these days...
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Old 02-14-2009, 09:23 AM   #9
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I might know someone who might be interested, but he wants to see pics.
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Old 02-14-2009, 03:14 PM   #10
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There is a Saleen Cobra on performance Auto with 7K miles for $39K so I would think 20-25K is probably the going rate for a straight 03-04 Cobra. Any mods done to it, How is the condition etc? Pictures would help.
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