I love my 97 Cobra. Get people all the time saying how nice it looks !!! Nothing beats laying the top down and heading for the beach on a sunny day!!!
My 97 Cobra is not as fast as the new Camaros or Firebirds, but it is a vert and still stock.
If you are interested in Cobra, at a 94-96 will take some $$$$$$$$$$ to make competitive, the 97-98 will take $$$$ to make competitive, and the 99+ will take $ to make competitive.
Competitive being = or better compared to a new F-Body, my opinion.
For a 97-98 Cobra, around $1,500 should put you in the 12's, like exgmguy said. If you really want some speed, invest in a vortech. The modular engines love the high RPM's. You might want to check EBAY. I saw a couple of supercharged Cobras for sale there.
I recently ran a stock 99 GT hardtop in the 1/8 mile. He won the first race and I won the second. (First time at the track for both of us). Had trouble hooking, it felt like I spun the whole way down the track. Anyway, I hit the 1/8 mile trap in second gear
