2003 SVT Cobra value

[mustangtodd]

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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[Nolimits31]

Originally Posted by mustangtodd

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?

i would have to say with those miles anywhere from 24k-26k. cobras hold their value.

[timspony]

...If the Cobra is in excellent condition, and being a RagTop, I would start in the upper 20's...say like $28k...you can always go down!

...try to post a few pics!

[03svtcobra12]

Awesome color combo and mileage, definitely ask upper 20's

like tim said, you can always come down on the price if it aint sellin

[ARdoller]

its probably worth about $27k like he wants, but i doubt it will actually sell for that, especially if he wants it gone in a reasonable time. he may get that much if he is in no hurry to sell it.