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Author
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Topic: Please talk me out of it.....
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Robert K
Gearhead Posts: 705
From: Nashville, TN
Registered: Apr 2000
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posted 01-02-2002 03:33 PM
   
I've been seriously considering selling both Mustangs (65 fastback and 67 convertible) in order to get a Cobra kit car. I've been kicking this idea around for a couple of years but never can quite go through with it.
Now I'm thinking about it again. The convertible needs a paint job and some floorpan work so now I'm thinking about how much I would have tied up in it vs. getting the Cobra. It sure would be nice to have only one care to do maintenance on and worry about but it would be hard to part with the Mustangs (especially the fastback). Does anyone else ever have these evil thoughts ?------------------
67convertible 289/auto
65fastback 302/4sp
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Bluegras
Journeyman Posts: 64
From: Easton,Pa.
Registered: Nov 2001
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posted 01-03-2002 12:52 AM
Bob, I don't have much of a feel for where your coming from, but the Factory Five Kits are now at about 12000 with options that would determine final price.
They are generally supplied with the frame,unfinished fiberglass body, interior, windshield, lighting, door handles, hood latches, aluminum interior panels and side pipes. The engine, trans, rear, fuel tank, gauges, wheels, front suspension, drive shaft is your pleasure and the body finish. 2 things that will control the costing in a larger way is what engine setup and what trans you would select. I have seen all the engine combos there is at one time or another. 289 to 460 and fuel injection have all been put in these cars, even Clevelands. As for cost, I would tell you that a min. of at least $22,000 for a built 302 roller power with a Ford 5 speed trans and a first rate paint job. You can go lower price with a stock carbed 302, black painted side pipes, low prices gauges etc but then thats what you have when done. It'a matter of well a lot of things. Oh yes, you may want a top for it also, otherwise it's a dry day car only.
At 2200 lbs it will be quite fast and responsive even with a decent mild engine.
Good luck in what you decide.
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Robert K
Gearhead Posts: 705
From: Nashville, TN
Registered: Apr 2000
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posted 01-03-2002 08:22 AM
I looked at a Cobra about a year ago that had a real 427 mid oiler in it. It was red with white stripes. The paint was good but not really show quality although the rest of the car looked great. The guy wanted $27K for it which I thought was a good price. The only way I would consider such a car is if I got rid of the 2 Mustangs. If I do get rid of the Mustangs then I want a 427 engine. Don't get me wrong, there's nothing wrong with the 5.0 donor car thing but if I am going to own a Cobra then I want to go all out. I probably should have bought that Cobra but I would have had to find buyers for my cars etc. In the back of my mind I know that I'll own one someday. The urge is too strong to ignore but I just haven't taken the plunge yet.------------------
67convertible 289/auto
65fastback 302/4sp [This message has been edited by Robert K (edited 01-03-2002).]
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SteveLaRiviere
Administrator Posts: 44935
From: Saco, Maine
Registered: May 99
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posted 01-03-2002 08:14 PM
Cobras are great and all, but personally I have to have at least one Mustang. I can see how you are tempted, though. ------------------
'70 Mustang Mach 1 M code 351C 4V/FMX/3.25 open
'72 Mustang Sprint Coupe 351C 4V/FMX/4.30 Trac Lok
'94 F-150 XL 5.8L/E4OD/3.55 Limited Slip
'97 Probe GTS 2.5L DOHC
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Daniel Jones
Gearhead Posts: 873
From: St. Louis, MO
Registered: Aug 99
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posted 01-03-2002 09:00 PM
>Cobras are great and all, but personally I have to have at least one Mustang. And a GT40, a Sunbeam Tiger, an Italia, an Iso Grifo Series II (351C powered),
and a Frua 428... the list is never ending. Dan Jones
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Daniel Jones
Gearhead Posts: 873
From: St. Louis, MO
Registered: Aug 99
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posted 01-03-2002 09:08 PM
>The only way I would consider such a car is if I got rid of the 2 Mustangs. Then sell the cars first and be ready to pounce when a good one comes up
for sale. Watch the usual Cobra bulletin boards every day for cars coming
up for sale. Sometimes guys need cash quick and if you're ready you can
make a deal. >If I do get rid of the Mustangs then I want a 427 engine. If you build your own, then a 427 will be expensive unless you get lucky.
However, 390's, 391's, and 428's can be stroked and look just like a 427
(except for the crossbolts but those can be faked or added). Dan Jones
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MLariviere
Moderator Posts: 4065
From: Biddeford,Me.USA
Registered: May 99
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posted 01-03-2002 09:30 PM
Maybe you could find a W-I-P kit and save a few bucks. I've heard of people buying these things and getting in over their heads.If you do,and find an older kit,there are some MFR's that went out,so parts for certain kits will be harder to find. My big wonder is how do you register and title these things?  Do they issue you a serial number?
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Daniel Jones
Gearhead Posts: 873
From: St. Louis, MO
Registered: Aug 99
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posted 01-04-2002 06:39 PM
It depends on the state's rules but a lot of guys, including my friend title them as 1966 427 Cobras. Alabama didn't have titles until sometime in the '70's apparently and will issue you a new title if you send them a check and info. Dan Jones
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SteveLaRiviere
Administrator Posts: 44935
From: Saco, Maine
Registered: May 99
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posted 01-04-2002 07:09 PM
Believe it or not, Mike, I've looked into that and in Maine you apply to the DMV and they issue you a VIN. It is then considered a 'specially constructed vehicle.' Since it is a 'one off' vehicle, the only emission control devices you need are what were applicable to the engine's year of original manufacture.The first safety inspection has to occur at a state police barracks, by the sargeant in charge of state inspection garages. {I bet that's fun...  }
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'70 Mustang Mach 1 M code 351C 4V/FMX/3.25 open
'72 Mustang Sprint Coupe 351C 4V/FMX/4.30 Trac Lok
'94 F-150 XL 5.8L/E4OD/3.55 Limited Slip
'97 Probe GTS 2.5L DOHC
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Bluegras
Journeyman Posts: 64
From: Easton,Pa.
Registered: Nov 2001
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posted 01-05-2002 01:10 PM
Buying an unfinished car is one way to do it but take care on this. I would be inclined to by one that's not to far along so you can be sure the out come is what you want it to be and not have to redo much.
Titles can be tricky depending on what state it's done in and the requirements. I shall only say that often, some 'trickery' is performed to net a new title that does relate back to the original years they were made. We done it here.
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