You are 100% correct. Only 1999,2001,2003,2004 cobras have IRS. Not other mustang. The rest have solid 8.8 axles. Alot of Cobra owners sell their IRS for a solid axle for drag racing so IRS can be come by really cheap and it is not that hard of an install to put IRS on a V6, GT, Mach1. Hope this helped.
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2003 Sonic Blue Cobra
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