Thinking of tradeing 1996 Mustang GT for 1997 Cobra with 82,192 miles?

[MustangGTman]

I am thinking about getting this Cobra http://www.mocksford.com/1997_Ford_MustangSVTCobra_GrantsPass_OR_241151829.veh# They are asking $8900.00 How much should I ask for my 1996 gt mustang with 156,000 miles for trade in value?

 

[Ferocious]

I wouldn't expect more than $3000. And that's being generous.

 

[MustangGTman]

One concern is on the carfax The ford lot has provided seems the Odometer was rolled back once from 59,000 to 54,500 miles. Should that be a red flag to stay away from this Cobra?

 

[Burninriverdiver]

I'd expect 2k max for your car... I tried to do the same type of trade this spring and the dealer wouldn't budge from 1000 for mine. Mine had 145000 on the clock. Needless to say I still have a 96 gt

 

[rz5.0]

To much for the cobra

 

[Sinned83]

That cobrs looks clean.

 

[JPhilBradley]

Little much for the Cobra, but from a dealership I would expect no less. However, it's hard to find these cars clean with less than 100k these days. If I could afford it I'd go for it.

Don't expect more than $2,000 trade in value for your car. And, if they don't wholesale it due to the mileage, don't be surprised to see it for sale the following week with a big green $5500 on the windshield. It's just how it works. They probably bought the Cobra on trade for $4-$5k. Again, it's just how it works.

As far as the odometer roll back, with it only being ~5,000 miles difference, I wouldn't read too much into it. That could very easily be someone fat-fingering paperwork at the DMV when the car was re-titled.