Heroshot

1996 Ford Mustang

SVT Cobra Coupe
Mecum Dallas 2022
Wednesday, 7 September - Saturday, 10 September
$48,400
Sale Price
Yes
Reserve
9 September 2022
Sold Date
F169
Lot Number
#2
Original
Mecum Auctions
Auction House
Chassis no. 1FALP47V2TF174970. Mystic Metallic over black leather. 281/305hp, 5-speed, power windows, CD/cassette, window sticker.

Evaluation: One owner Cobra showing 8 miles. Paint and engine could use a detailing to really make it pop but it has no flaws. Only about 2000 Mystic Cobras were produced with this trippy paint that shifts from green to purple and sometimes even gold or brown depending on the light. Just a few ounces of the paint costs thousands of dollars, many body shops won’t work with it, and a Ford representative used to have to be present for anyone to work with the stuff.

Bottom Line: The window sticker on this Cobra reads $27,485. And, adjusted for inflation, that original price comes out to about $52,000 in 2022. You can’t just park a car for 25 years, even a relatively rare high-performance car, and expect to make money on it. It happens, but the result often looks like this, too.

by Andrew Newton
16 September 2022
Hagerty
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Condition definitions
Condition #1: Concours
Condition #1 vehicles are the best in the world. The visual image is of the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 vehicles is “concours.“
Condition #2: Excellent
#2 vehicles could win a local or regional show. They can be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and finishes will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine. The vehicle will drive as a new vehicle of its era would. The one word description for #2 vehicles is “excellent.“
Condition #3: Good
#3 vehicles could possess some, but not all of the issues of a #4 vehicle, but they will be balanced by other factors such as a fresh paint job or a new, correct interior where applicable. #3 vehicles drive and run well, but might have some incorrect parts. These vehicles are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. “Good” is the one word description of a #3 vehicle.
Condition #4: Fair
#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. “Fair” is the one word that describes a #4 vehicle.
Condition #5: Poor
Running, but battered, incomplete, and perhaps rusty.
Condition #6: Parts car
Parts car.
N/A
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.