What is the deal with the Price on a 93 Cobra?

[Mr 5 0]

1993 Mustang Cobras are rare, only about 5,000 produced, so that takes them out of the NADA/Kelly Blue Book value reference, along with the fact that you're looking at a nine-year-old vehicle which usually is past the normal depreciation range that dealers and sellers use.

Add to the age, the rarity and the desirability of the '93 Cobra and you get a wide range of values, as you've noticed. Some are going to be fakes, some are going to be beat on and some are going to be trailer queens that have minimal mileage - and are worth more than the car cost new.

Once you get into older cars and 'collectables' such as the '93 Cobra - of which there are a small amount still existing - the prices will get crazy and run all over the place. A car like the '93 Cobra is really worth whatever someone is willing to pay for it . Forget 'the book' - there isn't any.

Caveat Emptor
'Let the buyer beware'.