mustang5o

For several years now my plan has been to buy a 2014 Mustang GT. I was very close to doing just that (21014 with Track Pack) when I came across a 2004 Mystichrome Cobra Convertible bone stock with only 13000 miles on it. This car is making me second guess getting the 2014. I never really thought about getting a convertible but I do think vert look better on the older cars than the newer ones. I probably wouldn't drop the top much but would definitely have it down at shows so people could see the sweet color change interior. Either car would be driven only during the nicest weather as I have a second vehicle already. Probably about 6K-8K miles per year.

2014 pros-brand new, warranty, more bells and whistles on the GT Premium (Sync, cool lighting, track apps).

2004 Cobra pros-Mystichrome!, easy HP bump (though I probably wouldn't mod much if at all), unique, rare, resale in 5 years could be better than the 2014.

Anyway, I'm soliciting any and all thoughts on why I should buy one over the other.

kn7671

Guess it depends on how much the 2004 cost, how much you like the SN95 models, and how much you intend to drive it.

If you are thinking of buying the 2004 as a daily driver with plans for some heavy driving, I would skip the 2004 a buy a 2014.

If you don't mind owning two used cars, depending on the cost of the 2004, you might be able to pick up the 2004 and a 2011/12 Mustang for the cost of a new 2014.

As for build quality, the 2014 is miles ahead of the 2004, along with better ABS, better airbags, Traction Control, Dynamic Stability control, better fuel mileage on average, better ergonomics, etc....

For me, if I could only have one, I would go straight to a new 2013/14, period.

67Drewstang

Convertibles are heavier and not as stiff, due to the lack of a sheetmetal top as well. It's something to consider.

Ltngdrvr

Would only buy the '04 cobra vert as a collectable since it is a hard to find original with mystic paint, not a good candidate for a car you would put many miles on and definitely not one to mod, worth way more as is than modded.

Coyote5-0

I don't know about that color man... Have you seen it in person? It looks bad in pictures in my opinion. How much hp does the Cobra make?

TheDivaDanielle

any 10 year old mustang would have to be hella cheap for me to even consider it in the least.

Evil_Capri

Moving to 'Which is Better' section . . .

mustang5o

I can get the 2004 Cobra for $25500. Could not afford that and another Stang right now. I do plan to drive it a fair amount from Spring-Fall but only on the nicest days. That would be pretty much the same even with the 2014.

Thanks. I have thought about that. One of the few mods I might consider for the 2004 would be a little chassis help. If it was a Mystichrome coupe I'd probably be leaning more towards the Cobra than I am now.

I agree and figured if I get that I would need to keep it stock except maybe the aforementioned chassis (and maybe IRS) help.

I haven't seen it in person yet but I think they look good in pictures. The 2003/2004 Cobra's make 390hp/390tq. Stock v stock it's a drivers race. Then again, I probably wouldn't race the Cobra since I'd be looking at it as more of a collectible show car. Maybe a few stop light to stop light runs

mustang5o

Well at $25,500 it's not cheap but that's the world of Terminators.

Thanks. New to forum and just jumped right in there.

lime05

I am partial to the 03/04 cobras. They are awesome in pretty much any color. They hold their resale value very well. And since you aren't putting a ton of miles on it I would def consider it. They look so bad*** in my opinion. I am not one to really hype over sync and different gadgets that are on the new 2014's. don't get me wrong the different options are cool, but to me id rather have a supercharger whine under the hood. Either way you choose though you are going to get a sweet ride.

bob

I don't think you'll ever be in the market for a Cobra then 18-25k seems to be the sweet spot of a decent example.

Although I did run into a guy selling his 04 Cobra for an eye popping 35-37k, he was trying to recoup the money spent on the car. When he said I bought it for 27 and put 10k into it so 35-37k I just said good luck and walked off.

It was a really clean car and had a kenne bell sitting on top and a new long block but nothing really worth that much money.

67Drewstang

History is on the side of the 10+ year old Cobras. They start out expensive, and depreciation (if there is any) bottoms out at around 10 years or so.

And there is no place to go but up after that.

mustang5o

I was thinking (hoping) the same thing if I buy it. Its a tough decision. Plus, I could have the Cobra by the end of the week. Probably weeks to get the GT Track Pack I'd want...but, anything worth having is worth waiting for I guess.

codeman94

I would get the Cobra. Its rare, perfect for how much you'll drive it (vert,fast,fun) and... its cheaper. put that other money you would have spent on the 2014 in an account some where and save it for when you're ready for something else.

oh, and don't mod the Cobra. It's value is in its rarity and its sanctity. Just like women

AlsCobra

The Mystichrome cobra is no more rare than any other terminator. Actually the only truly collectible terminator is the comp orange vert. Drive both cars and decide from there. Bang for the buck, its hard to beat the terminator. What other car can you find that badass for $20-25k?

Coyote5-0

sorry my mustang background isn't very immense, what is the power difference between a "terminator" cobra and just a regular cobra?

TheDivaDanielle

Terminator just refers to the 2003-2004 Cobras which had a M112 Supercharger.

At the time they were pretty much the fastest of their common competition as the Camaro and Firebird were already dead, and at the time the GTO had the 350hp LS1 and a 10k dealership markup.

mustang5o

Thanks for all the opinions. 2014 GT Premium track pack arriving tomorrow.

Mas35NYR

Any links to that Terminator? Good luck with your choice but I'd definitely gone with the Mystichrome Cobra!

mustang5o

Yeah, it was a tough call for a while. It was all I could think about for days. Then I was pretty sure 2014 was the way to go I just felt a calm come over me. I think for me, right now, it's the right choice. I plan to have at least one more Mustang in my collection at some point.

Here you go. He said $25,500 was the lowest he'd go or else he'd hold on to it for Spring and expect to get more.

http://omaha.craigslist.org/cto/3929866711.html