Part of the fourth-generation pony car, it occupied a higher position than the GT and Mach 1 during its production period and was regarded as the highest-end variant. It housed a 4.6-liter V8 engine tuned by SVT to generate 305 horsepower (309 ps/228 kW) and 300 pound-feet (407 Nm) of torque, operating with a five-speed manual gearbox that transferred power exclusively to the rear wheels.
Displayed here is an uncovered red model positioned on five-spoke alloy wheels with a collapsible tan roof and a brown leather interior. It possesses a few modifications to the air intake and exhaust system, utilizes Eibach springs that have lowered the body closer to the ground, and has only accumulated 21,636 miles (34,820 km) on the odometer. The seller mentions a “solid maintenance history,” along with the original springs and wheels that are included with the vehicle, and the usual assortment of manuals.
Characterized as a “scarce treasure” and a “coveted collector’s item,” this 1998 Ford Mustang SVT Cobra is ready to hit the road once again and, hopefully, be enjoyed by its next owner on a daily basis. To make it yours, the current asking price is $31,900 as listed on Garage Kept Motors at the time of writing. This modern-classic muscle car is currently available and can be inspected in person, but only by appointment, so be sure to contact the seller if you intend to see this red beauty in person.
Photo: Garage Kept Motors
However, how does the asking price compare to the 2024 Ford Mustang lineup? It falls below the entry-level EcoBoost, which has a manufacturer’s suggested retail price (MSRP) of $30,920 that increases to $32,445 with the $1,525 destination charge. When factoring in additional dealer fees and optional features, you would have to shell out between $35,000 and $40,000 before parking it in your own driveway.
A ’24 Mustang EcoBoost Convertible, equipped with the same 2.3L four-cylinder engine that produces 315 hp (319 ps/235 kW) and 350 lb-ft (475 Nm) of torque on 93-octane fuel, will cost you at least $39,020 before the destination charge. The most affordable model with a V8 engine, the GT Fastback, starts at $42,710 and utilizes a naturally aspirated 5.0L V8 that generates 480 hp (487 ps/358 kW) and 415 lb-ft (563 Nm) of torque.
The top-of-the-line Dark Horse begins just below $60,000, excluding the destination charge, and employs a tuned version of the GT’s 5.0L V8, which produces 500 hp (507 ps/373 kW) and 418 lb-ft (567 Nm) of torque. So, if you had to choose between a new Mustang EcoBoost and this vintage SVT Cobra, which one would you go for?
According to the Source autoevolution.com