How much is a 1977 Mustang 2 Cobra worth?
The 1977 Mustang II Cobra is a classic American muscle car that has gained significant value over the years. Depending on the condition and rarity of the vehicle, a 1977 Mustang II Cobra can be worth anywhere from $10,000 to $50,000 or more in the current collector car market.
Factors Affecting the Value of a 1977 Mustang II Cobra
Several key factors influence the value of a 1977 Mustang II Cobra, including:
- Condition: The overall condition of the vehicle, including the exterior, interior, and mechanical components, is the primary factor in determining its value. Well-maintained, original-condition Cobras tend to be the most valuable.
- Rarity: The Mustang II Cobra was a limited-production model, with only around 4,300 units produced in 1977. Rarer variants, such as the Cobra II package or special-edition trims, can command higher prices.
- Originality: Vehicles with original, unmodified parts and components are generally more valuable than those that have been heavily modified or restored.
- Provenance: The vehicle's history, including previous owners, maintenance records, and any notable events or achievements, can also impact its value.
In general, a well-maintained, original-condition 1977 Mustang II Cobra in excellent shape can fetch upwards of $50,000 in the collector car market. However, vehicles with more extensive restoration or modifications may be valued at the lower end of the range, around $10,000 to $20,000.
Researching and Evaluating a 1977 Mustang II Cobra
When considering the purchase of a 1977 Mustang II Cobra, it's essential to thoroughly research the vehicle's history and condition. This may involve:
- Checking the vehicle's VIN (Vehicle Identification Number) to verify its authenticity and production details
- Inspecting the vehicle in person to assess its overall condition, including the exterior, interior, and mechanical components
- Reviewing maintenance records and any documentation related to previous owners or modifications
- Consulting with classic car experts or enthusiasts to get a better understanding of the vehicle's value and market trends
By taking the time to thoroughly evaluate a 1977 Mustang II Cobra, buyers can make an informed decision and ensure they are getting a fair price for a valuable piece of automotive history.
How much is a 1977 cobra 2 worth?
What is the price of the most recent 1977 Ford Mustang II Cobra II sale? The most recent auction sale of a 1977 Ford Mustang II Cobra II was $14,300 on October 04, 2024 by Mecum Auctions.
How many Mustang 2 King cobras were made?
In 1978, the "King Cobra" became available. This was a limited edition version with 4,313 units produced. It featured a deep air-dam, stripes, and a "Pontiac Trans Am style" cobra snake decal on the hood.
Are mustang cobras rare?
The SVT Cobra Legacy
With a limited production of just 5,009 units (comprising 4,005 coupes, 1,003 convertibles, and an extremely rare batch of 250 Cobra R models), the '95 Cobra was designed to showcase SVT's hallmarks of performance, substance, exclusivity, and value, as documented in Ford's official history.
How much is a 1976 Mustang Cobra 2 worth?
A 1976 Mustang Cobra II's value varies widely, with average examples in good condition selling for around $15,950. Values are highly dependent on condition, mileage, options, and history, with excellent, rare, or modified examples sometimes reaching over $20,000, and exceptionally well-maintained or rare ones selling for over $50,000. Low-end examples in poor condition may sell for as low as $9,800.
Factors influencing value
- Condition: This is the most significant factor, ranging from poor to excellent.
- Mileage: Lower mileage generally increases value.
- Options and modifications: Cars with the full Cobra II package (spoiler, flares, hood scoop, stripes) and desirable options like the V8 engine and manual transmission are worth more. Factory-correct cars with low mileage and original parts are also highly valued.
- History: A clean title and documented history are positive factors.
Price examples
- Good condition (average spec): Approximately $15,950
- Excellent condition (V8, manual transmission, full Cobra II package): Around $20,000
- Rare or exceptionally well-maintained examples: Over $50,000 at auction
- Low-end examples (requiring maintenance or with issues): As low as $9,800
