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possibly buying cobra..?

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Old Aug 30, 2012 | 04:48 AM
  #11  
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Like i said i found a great priced 2003 cobra convert (19k) and only has 4k miles, in excellent condition. Hopefully it doesnt sell!
Old Aug 30, 2012 | 02:22 PM
  #12  
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im finding this quite weird.. check the car out:

http://www.cars.com/go/search/detail...nal&listType=1

I think that price is extremely low. Not only that, im seeing other 2003 cobras with 20,000 miles go for a couple grand more. I wonder if this thing was ever in an accident...i want to check the car fax but i dont really want to pay for it
Old Aug 30, 2012 | 02:49 PM
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You can get a 3 or 5 pack of carfax checks for a price, get a better overall deal than single checks. I forget what it is but that's what I did last time I was looking for a car...

I agree that the price seems low for a dealer. My 04 with 20k miles was priced at $25k at a dealer 2 years ago. That might be about right for a private seller... I would suggest two options, but being a smaller dealer they may not do either:

1. Ask for a private test drive. If they allow it, take it to a mechanic for an inspection. They can spot frame damage/repairs right away, so you'll know if it was in any bad accident

2. If they don't do that, see if they have a return policy, usually 3 to 7 days. If so, then you can take it to a mechanic after purchase in that time period, and if it's determined to be repaired you can decide to return it.

Of course, it could be that the dealer got a good deal, or rather gave the seller a bad deal, and thus is able to sell it at that price. You never know. I hate car sales for just this reason...

Good luck! Be warned, once you test drive an 03/04, if you haven't already, you won't settle for anything less!
Old Aug 30, 2012 | 02:51 PM
  #14  
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Originally Posted by Schmalgar

2. If they don't do that, see if they have a return policy, usually 3 to 7 days. If so, then you can take it to a mechanic after purchase in that time period, and if it's determined to be repaired you can decide to return it.
Maybe its not everywhere, but in Wisconsin you have 30 days to return any vehicle purchased for any reason.

I call it the Buyers Remorse Clause.
Old Aug 30, 2012 | 02:55 PM
  #15  
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great info guys! thanks! and i know once i drive the 03/04 cobra's ill be in love... which is why im hesitant because if things dont work out i would be devistated!

Im finding it weird that its that low, especially since the car LOOKS flawless, but taking it for an inspection after purchase is a great call, i dont think i wouldve thought of that. thanks guys!
Old Aug 30, 2012 | 03:03 PM
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Thats really not terribly low cost. To be honest, I think it may have to do with the color.

I have autotrader automatically sending me ads when a 03/04 black on black cobra convertible under 60k miles gets posted, and I've seen them in the very high teens. Granted, not with that low of miles you linked, but sill.

Also, being a convertible, do your due diligence and test that top. Open it, close it. Open it again. Put it up 1/4 of the way and turn the car off. See if it settles back down or stays put. Make sure one side doesn't lag behind the other. Look for small holes or openings in the corners of the rear window.

Check behind the rear seat with the top down and look for standing water damage.

Also, check the top carefully where the seams fold and behind the 1/4 windows where the material folds. Look for cracking or black sharpie cover up.

Also, there is a little vinyl hammock behind the rear seat that covers the Mach amps and the power top motor. Look for evaporated water & stains. If there are, its a sign the top leaks on the back side somewhere.

I say do our duty and look hard. I know how easy it is to over look things due to excitement. Convertible tops are not cheap to repair. I'm actually getting mine redone due to a tree branch for the $100 insurance deductible. Without the claim, it would have been $2000.00
Old Aug 30, 2012 | 03:08 PM
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Originally Posted by Shampue
Thats really not terribly low cost. To be honest, I think it may have to do with the color.

I have autotrader automatically sending me ads when a 03/04 black on black cobra convertible under 60k miles gets posted, and I've seen them in the very high teens. Granted, not with that low of miles you linked, but sill.

Also, being a convertible, do your due diligence and test that top. Open it, close it. Open it again. Put it up 1/4 of the way and turn the car off. See if it settles back down or stays put. Make sure one side doesn't lag behind the other. Look for small holes or openings in the corners of the rear window.

Check behind the rear seat with the top down and look for standing water damage.

Also, check the top carefully where the seams fold and behind the 1/4 windows where the material folds. Look for cracking or black sharpie cover up.

Also, there is a little vinyl hammock behind the rear seat that covers the Mach amps and the power top motor. Look for evaporated water & stains. If there are, its a sign the top leaks on the back side somewhere.

I say do our duty and look hard. I know how easy it is to over look things due to excitement. Convertible tops are not cheap to repair. I'm actually getting mine redone due to a tree branch for the $100 insurance deductible. Without the claim, it would have been $2000.00
yeah if i go so the car, im definitly looking for any visible issues with the top, then ill open it and close it as you suggested. I know how expensive they can be to repair. Now that you brought up water damage it kind of scares me, i guess im just a worry wart haha.

by the way, i thought all color prices were the same excluded red since red is more expensive? I honestly think this car could be listed easily as 23-25k (granted its in great condition)
Old Aug 30, 2012 | 03:12 PM
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Originally Posted by xx10Gt

by the way, i thought all color prices were the same excluded red since red is more expensive? I honestly think this car could be listed easily as 23-25k (granted its in great condition)
I find the more wild the color, the less time people own them. Yellow is a great looking car, but "personal opinion" they tend to get old to the owners faster than base colors like Black. So my comment about the color is really a personal comment, nothing documented.

On a side note:

Since its at a dealer, ask them how long its been there.

When I bought my GT convertible, not only was it January in Wisconsin, but the car was sitting there since August. I had a huge trump card there. I knew they wanted to get rid of the car. I used it as a bargaining chip. Ended up talking them down from $10k to $8k.
Old Aug 30, 2012 | 03:28 PM
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Originally Posted by Shampue
I find the more wild the color, the less time people own them. Yellow is a great looking car, but "personal opinion" they tend to get old to the owners faster than base colors like Black. So my comment about the color is really a personal comment, nothing documented.

On a side note:

Since its at a dealer, ask them how long its been there.

When I bought my GT convertible, not only was it January in Wisconsin, but the car was sitting there since August. I had a huge trump card there. I knew they wanted to get rid of the car. I used it as a bargaining chip. Ended up talking them down from $10k to $8k.
very true. What im guessing is that the car has been sitting a while, and im sure they want to get it off the lot before the winter comes
Old Aug 30, 2012 | 08:14 PM
  #20  
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One thing that worries me about cars that old with that low miles is all of the rubber stuff that could have dry-rotted from not being used. I like the idea of having a super low mileage car but its kinda scary if all that stuff that could be on its way out.



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