Ever wish you could go back to 1994 and buy a like new Ford Mustang Cobra? (No? Me either. – ed) Though this may not be a dream for a lot of people, the Mustang is our eBay find of the week. What evidently makes this particular Mustang worth its asking price of $39,900, is the fact that it was an Official PPG Cart Series Pace Car. It has just 3,800 miles and it is finished in an umm… interesting shade of sea foam green. This body style isn’t the most sought after today, but you have to remember that this was the first year for replacing the oh so 80s fox body style. In 1994, there were only 1,000 Cobra Convertibles, and all were finished in red. This car was provided directly from the factory for PPG to produce a limited edition Cart Series Pace Car. If you were wondering what the powertrain in this beast is, it is of course the five-oooh (well 4.9). In this application, it has 240-hp and a 5-speed manual. 0-60 is a blazing 6.9 seconds and the quarter mile is just over 15 seconds. It’s crazy to think that currently, even the V-6 mustang has more power than this top of the line mustang, from just over 15 years ago. This is a true testament to how much automotive engineering has improves over a few years.
When you take a look at the option list for the standard 1994 Convertible Cobra, you will also appreciate how nice cars are today. Some of the options were: air conditioning, illuminated entry, cruise control, CD player, rear window defroster, and remote keyless entry. These are all standard features a majority of the cheapest cars available today.
When it’s all said and done, the best thing about this car is how much this color and body combo would stand out on the road. It’s also safe to bet that this Mustang sounds like a proper V-8 Mustang and it should hold it’s value, due to the rarity. This could be one of those cars that you could see on Barret-Jackson in 10-20 years and say, wow, I could have bought that car for under 40 grand back in the day.
[Source: Ebay]
Then again you have think that in 1994 this car would've sold for just a tick under 23k to 25K from factory. (Dealer mark up withstanding.). Compared to now a base Mustang GT is 32k. So this could be a real collecter car in the near future.
I don't think we'll ever see this car on Barret Jackson within a 20 year time frame.. being as it'll probably fall apart long before then.
The 90's will be the "wtf where they thinking?" era for car collectors.
Not sought after? This car came out when I was 11, and I think it’s the first new car I ever thought of as being beautiful, especially after replacing the fox body. It just looked oh-so smooth, and still does. Though you’re right, a decade and a half have seen such leaps and bounds on performance; a Mazdaspeed3 generates 13 more horses with an engine less than half the size.
Still, for aesthetics alone, this is still the car that I think of as being a proper throwback and homage to the 64.5 and 65 Mustangs; smooth, swept-back, and stylish.