97 Cobra w/113k - worth $7500 - pitfalls?

Asked by May 04, 2012 at 07:07 PM

Question type: Shopping & Pricing

I am looking for a fun summer car - thinking about keeping it for a few years minimum - a 1997 Mustang Cobra popped up in my area with 113k and pretty clean overall ( 3 owner) for $7500.  I think it hasn't sold due to the mileage - what are some thoughts - is this too much - I may need a long time to sell as well.   What is a price a mustang lover should pay for this? Thanks

2 Answers

250,545

Not too much mileage, depends on the maintanence. On my '87 around 120K is when most the wear items went, water pump, heater core, alt. and such . Once you get past that, it's smooth sailing again. If everything checks out, offer $6500. clean trade-in is about $5800

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