1994-2004 V-8 GT, GTS, Bullitt, Mach 1, and Cobra

Current Cobra Prices

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Old Mar 30, 2004 | 05:37 PM
  #1  
GT98VERT's Avatar
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I am having a problem guys. I am really looking to get a new car. I have a 98 gt with 102,000 miles on it and I do not want to wait until I start having big trouble with it to get a new one. It is a vert and I am starting to hear some noises here and there. Here is where the problem comes in. I really, really, really like the 03/04 Cobras. I just am not sure if the prices will drop to where I want them. I also like the 05 Mustang GT. :worship: I am looking at some used Cobras with about 6000 miles on them for around $27,000. I believe the prices will drop when the 05 comes out. I know I shouldn't have, but I talked to a dealer about it and he said, get this :scratch: , the prices will go up on the current style Cobras because they will not be available until 06. Does that sound strange to anyone but me? I am looking forward to all feedback.
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Old Mar 30, 2004 | 05:50 PM
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I made the same (well almost...) mistake asking if the current GT's and he told me they would actually go up! I mean, I could some reason behind the Cobra going up, but a lowly GT?
I'm not sure about the Cobra seeing as it's a special edition, but when a new bodystyle comes out, doesn't it make sense to see a price drop?
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Old Mar 31, 2004 | 05:39 PM
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I would imagine it depends how well the new model does. I mean in this instance, there will be no Cobra till 2006 and what if, when it does come out, it does not perform as well as the 03-04s did? What if it does perform as well, but costs more than the previous models did? Certain things make a car more or less sought after, so I think it really depends on what the 06 is like.
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Old Mar 31, 2004 | 06:41 PM
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I would imagine the 06 would be kick-hiney
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Old Mar 31, 2004 | 07:46 PM
  #5  
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Don't believe the salesman...

it's all about supply and demand... there are still 2003 cobras sitting on dealer lots if you look around hard enough. We are a quarter of the way through '04... so basically he is trying to tell you that the price of a car will go up despite the fact there are year-old cars sitting on the lots... bah... no dice
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