Ok I really need some opinions, im 18 years old right now about to go to college. I have a 01 V6 right now and over the summer i want to get a new car. Im looking at an 01 Cobra. What does everyone think. Will it kill me insurance wise. I've never been in a wreck, never gotten a ticket and i've got a couple of quotes online and it says insurance will be about $290 a month. Do yall think that is right. Is it a smart move, I have a good job and i've been saving for awhile. is it worth it. Thanks in advance!
Team MF Member #5002 Posts: 5045
Joined: 12/4/2005 Status: offline
If you can afford it, and you want it. Then why not? If money is an issue - you can also look at 98' Cobras... save you some money and probably insurance also...
But, if you want and can spend that much money on it, then sure.. it's a good car.
Well here's the boat im in. Lets say i have $4500 saved up. My car is worth about 6k. Plus i should get graduation money. But i have to pay for college. My dad said i wont be able to afford it but i dont see how. Is the insurance gonna be over $300?
Team MF Member #5002 Posts: 5045
Joined: 12/4/2005 Status: offline
Go on autotrader, pull a vin# and call your insurance company and find out. Are you trying to avoid a car payment? If so, a 10k 2001 Cobra, that you want to buy is going to be hard to find...
Team MF Member #5002 Posts: 5045
Joined: 12/4/2005 Status: offline
well man, I don't know what your finances are like.. but I jus bought a 2003 Mach 1 with 20k miles on it for 15k... so, you might be able to get it cheaper then the 15k... Also, try looking for a Mach... they're out there... a couple of model years newer... banks don't like financing cars a little older...
But as far as insurance goes... do what I did; Grab a vin# (all cobras are the same except Hardtop vs vert), and call your insurance company. They will give you a pretty accurate quote... This way you know what youre going to be paying, and expect to have to put premiem gas in the car...
Team MF Member #5002 Posts: 5045
Joined: 12/4/2005 Status: offline
Premium in your non tuned v6 actually will hurt your mpg... I mean in reality you're saving a whole 1.50 by not putting it in a gas tank... but, premium in a car made to run on 87 will cause it to burn uneven.. and you actually lose gas milage.
damn thanks man i didnt know that...i kinda new with cars... whatever car i get, 03-04 GT or an 01 cobra, i known i want borla stingers, 3.73's, jlt intake, sct tuner chip, 70mm throttle body. Thats probably it...
Now honestly what would you do between an 03-04 GT or a 01 cobra...what would be better. There about the same price. Cobras faster, GT is newer. What would be the better route.
Team MF Member #5002 Posts: 5045
Joined: 12/4/2005 Status: offline
The 4v is a much better powerplant.. the 2v's are really hard to make fast... both cars have a weak bottom end so you can't do much - they have the same tranny. The only thing that sucks about the Cobra is the weak irs.. if you plan on doing any drag racing it's the weakest link of the car... but a lot of Cobra owners do 4.10s at least, and some do 4.30's.. and intake is the worst mod to do (only a handful of rwhp - on the actual dynos i've seen) same with the throttle body...
What do you really want out of the car? Cobra with 4.10's, and exhaust will get you deep into the 13's with some practice... which isn't to shabby... Could also build the rear end, or even swap it for a straight axle if you wanna drag race it a lot... put a blower on it... a ton of things you can do... but if you just want a respectable street car... 4.10/4.30 Gears, exhaust and a short shifter are probably your three best modifications to do...
ok i really dont want to street race. Im just tired of having a V6. I want a badass car, i want to have the ability to beat the majority of the cars on the road if they try me. Enough speed to have some fun with you know. Pull up to a ricer and rev it up alittle bit. Just a respectable car. I dont show off or anything, im not like that, but it would be nice to have a car to where people turn there heads...
I think as long as the insurance is under $300 i can afford it. Why is an intake the worst mod to do? Doesnt it help the air flow, making your car sound better, while adding 10-15hp...They're pretty cheap to.
Posts: 454
Joined: 10/21/2005 From: Central Islip, NY Status: offline
ill sell you my 99 cobra ....for a lot cheaper then 15K, not because theres things wrong wit it just because im looking to move on. lol let me know. o and btw im paying only $230 full coverage in NY with a sorta bad history.
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1999 Slo-Bra:
Aluminum double decker wing, 20" spinners, HKS 4.5" mufflers, underbody neones, lambo doors, body kit, and a b19 VTAK motor
Team MF Member #5002 Posts: 5045
Joined: 12/4/2005 Status: offline
The intake won't give you that much power.. On my blown cobra i gained like 7 or 8 rwhp... lol, the only reason I even got it, was because i got it for like 50 bucks shipped.. lol... It only made the blower sound better, not the motor when I had it on my GT...
Midpipe and Catback exhaust will give you somewhat of a power gain around 10-15rwhp from the dynos i've seen - and that's what makes your car sound better...
If you just want that respectable car.. just do the gears, tune and some suspension work and you'll be fine. Might also want to do something for your IRS, like a brace and new bushings - just to make sure it's somewhat reinforced.. the Ford IRS is the worst irs on the market.
Like I said, before you buy anything - grab a vin# off the internet and call your insurance company. Basically ALL Cobras come the same way... They really don't have "options". you'll get a pretty accurate quote.
Don't get tied down to a car payment and a big-time monthly insurance bill. Focus on college.....typically, that's alone is challenging enough for the first couple of years.
Wait until you're in a good spot and stable financially until you pull the trigger on a car....then you will not have to sacrifice or compromise on what you get.
ill sell you my 99 cobra ....for a lot cheaper then 15K, not because theres things wrong wit it just because im looking to move on. lol let me know. o and btw im paying only $230 full coverage in NY with a sorta bad history.
Really, wow thats pretty good with a bad history....How old are you though...I've never been in a accident or gotten a ticket so that should help out some what.
im in a similar boat as you titan. ive got a 95 gt that i just dumped 7500 worth of go fast parts into it. ill graduate college in another year and a half and plan on selling this car and my truck and getting an 03-04 cobra. its my dream car but i wanna wait to get one until i have a better job. hopefully you can afford it, if i could id have a cobra right now. and cant wait until the day i get one. i know this prolly wont help you much but ive got full coverage on my mustang and plpd on my 98 f150 and pay 186 a month thru allstate. im also 18 with a spotless record. good luck to you.
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GOING INTO SERIES DEPRESSION FROM NOT GETTING MY WEEKLY V8 FIX!!!!
5.0 HO longblock for sale, missing dizzy and tim cover, many take off parts included-$200 obo
im in a similar boat as you titan. ive got a 95 gt that i just dumped 7500 worth of go fast parts into it. ill graduate college in another year and a half and plan on selling this car and my truck and getting an 03-04 cobra. its my dream car but i wanna wait to get one until i have a better job. hopefully you can afford it, if i could id have a cobra right now. and cant wait until the day i get one. i know this prolly wont help you much but ive got full coverage on my mustang and plpd on my 98 f150 and pay 186 a month thru allstate. im also 18 with a spotless record. good luck to you.
thanks man, i appreciate it. Yea i want this car really bad, my concern is i dont want my grades to slip trying to make payments on a car. I might be doing something wrong but i got a quote online and it said $294 a month for me. 18 years old, full coverage, and a spotless record....idk that seems alittle high even for an 01 cobra....
just keep looking around. i tried a bunch of places for my insurance and they all wanted around 250 a month for my cars. then i tried allstate and it was only 186 with all those things on the commercials, like accident forgiveness and deductable rewards.
yeah i work 7-4:30 every day and go to school 5:30-11 mon-thurs and somehow keep my grades up. if i wouldnt have 7g's of debt right now i wouldnt work as much, but i wanna try and pay that and my truck off in 2 years.
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GOING INTO SERIES DEPRESSION FROM NOT GETTING MY WEEKLY V8 FIX!!!!
5.0 HO longblock for sale, missing dizzy and tim cover, many take off parts included-$200 obo
Posts: 454
Joined: 10/21/2005 From: Central Islip, NY Status: offline
i'll be 23 spril 5th. I got arrested for street racing. my misdemeanors were marked down to doing 110+ in a 40mph work zone(which in most cases the fine is usually doubled).
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1999 Slo-Bra:
Aluminum double decker wing, 20" spinners, HKS 4.5" mufflers, underbody neones, lambo doors, body kit, and a b19 VTAK motor
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Just want some input. Please - 
....for a lot cheaper then 15K, not because theres things wrong wit it just because im looking to move on. lol let me know. o and btw im paying only $230 full coverage in NY with a sorta bad history.
