2-1993 Cobra R's for Sale at Gateway Classic Cars St. Louis

Cobra R's and their specific parts for sale section.

Moderators: SVT4942, SPEEDFREEK, 1993cobra, WillyB93

cobramustang1993
Posts: 113
Joined: Mon May 31, 2010 4:48 pm
Location: MERIDIAN IDAHO

2-1993 Cobra R's for Sale at Gateway Classic Cars St. Louis

Post by cobramustang1993 »

At this time, Gateway Classic Cars has 2-1993 Cobra R's for sale....

#17 61 Miles..........
#79 62 Miles..........

They are on consignment, and they are asking 120,000 each..........
Just thought you would be willing to pay over double the current market value to have one....!!!!!!

By the way....I own #85 21 miles......I would be willing to accept 110,000 for mine......WHAT A STEAL!!!!!!

SANDY
MCA#76083
GOLD CARD JUDGE
79-93

PS: Are MARIJUANA SALES LEGAL IN ST. LOUIS THESE DAYS......??????? THEY MUST BE SMOKING IT AT THE SHOWROOM !!!!!!!!
User avatar
Z282SLO
Mustang Aficionado
Posts: 4050
Joined: Fri Aug 31, 2012 9:59 am
Location: NJ

Re: 2-1993 Cobra R's for Sale at Gateway Classic Cars St. Lo

Post by Z282SLO »

It appears the folks at Ogden Lincoln near Chicago watching Cobra R #107 collect lots of dust at $115K must have sent some of their hallucinogens down to the folks in Missouri. :D
03 COBRA Black with VMP
93 COBRA Black #3754 (RIP)
89 GT Black/Scarlet Red (SOLD)
86 GT Bright Red/Gray (SOLD)
User avatar
escogt
Fox Mustang Enthusiast
Posts: 2468
Joined: Sun Mar 07, 2010 3:32 pm
Location: Long Island, N.Y.
Contact:

Re: 2-1993 Cobra R's for Sale at Gateway Classic Cars St. Lo

Post by escogt »

Z282SLO wrote:It appears the folks at Ogden Lincoln near Chicago watching Cobra R #107 collect lots of dust at $115K must have sent some of their hallucinogens down to the folks in Missouri. :D
X2!! LMAO
'85GT Bright Atlantic Blue (K7)
'92LX Bimini Blue (K3)
'93COBRA #1521 Teal/Black (RD) SOLD
'93COBRA #163 Black/Gray leather (UA) M.I.A.
Image
User avatar
Goose17
Posts: 597
Joined: Sun May 04, 2014 7:22 pm
Location: DFW

Re: 2-1993 Cobra R's for Sale at Gateway Classic Cars St. Lo

Post by Goose17 »

Yikes! They can shoot for the moon on prices, but the cars will just sit. Reality will eventually set in.
'11 GT500 FR750 2.9 Whipple, '04 Mystichrome Terminator vert, '02 Mustang GT, 00R, '93 Cobra #1447, '89 Mustang GT vert.

Image
User avatar
JohnLynch
Posts: 5140
Joined: Sun Oct 30, 2011 5:29 pm
Location: NC

Re: 2-1993 Cobra R's for Sale at Gateway Classic Cars St. Lo

Post by JohnLynch »

Yep found it on hagerty they must own their building outright or they are so rich they don't care about the rent.

I think we will find that so many of these cars have been kept in collections the price won't ever be that of a Shelby just my take, none of these cars were really used as intended. Probably better off buying a house for $120k and have your money back in ten years from rent, then have a passive income stream vs buying one and letting it sit in the garage. The likelihood of our generation or the next paying over six figures for these cars seems very slim.

http://www.hemmings.com/classifieds/dea ... 00057.html
93 Cobra Teal/Gray #3223 -Stock (Borla catback)




*various other 93 cobras, #15, #4105, #2587, #539
#2381, #4724, #298, #1153 RIP
dbrennancobra
Mustang Enthusiast
Posts: 5090
Joined: Wed Sep 09, 2009 12:52 pm
Location: New Hampshire

Re: 2-1993 Cobra R's for Sale at Gateway Classic Cars St. Lo

Post by dbrennancobra »

^^^ agreed, I think Rs will hit 80k someday, but that will be the cap. As for regular 93 cobras, I think low mileage rappers will pull $40-50k someday
2004 svt Cobra Mystichrome Convertible STOCK
1967 mustang Coupe STOCK Red/Black - SOLD
1993 Cobra STOCK Red/Black #1264 SOLD
[youtube2] http://www.youtube.com/watch?v=s_2pl2ye ... e=youtu.be [/youtube2]
User avatar
SPEEDFREEK
Posts: 2211
Joined: Sat Aug 11, 2007 4:15 pm
Location: Morganton NC
Contact:

Re: 2-1993 Cobra R's for Sale at Gateway Classic Cars St. Lo

Post by SPEEDFREEK »

Thats why I feel a true R racer with documentation will be the one worth the most down the road. Even right not if you look you can find 93 R's for sale but never any race cars.
89 Saleen SSC #168 10k miles
90 Saleen Vert #93 26k miles
92 Cobra Prototype 8k miles
93 Cobra #3032 Teal/gray cloth 6k miles
93 Cobra #3620 Black/Gray leather 12k miles
93 Cobra #4993 Teal/Gray Leather
93 Yellow SE 5spd, 4k miles
93 5.0 coupe 19k miles
94 GT 7k miles
92 25th 1LE Z28 900 miles
User avatar
buddha
Posts: 2118
Joined: Sat Aug 12, 2006 10:36 pm
Location: Washington, Missouri

Re: 2-1993 Cobra R's for Sale at Gateway Classic Cars St. Lo

Post by buddha »

dbrennancobra wrote:^^^ agreed, I think Rs will hit 80k someday, but that will be the cap. As for regular 93 cobras, I think low mileage rappers will pull $40-50k someday
They did that and then some back in the late 2000's.

A few overzealous folks with money to burn had a few of them trading hands north of that number.
Black/Black 93'
Red 11' GT500 with a VMP
User avatar
JohnLynch
Posts: 5140
Joined: Sun Oct 30, 2011 5:29 pm
Location: NC

Re: 2-1993 Cobra R's for Sale at Gateway Classic Cars St. Lo

Post by JohnLynch »

SPEEDFREEK wrote:Thats why I feel a true R racer with documentation will be the one worth the most down the road. Even right not if you look you can find 93 R's for sale but never any race cars.

VERY TRUE- how often do you see R's that were raced I have to agree it might be the flip on these cars is the trailer queens will be less desirable with no history other than collecting dust.

People didn't buy GT350/500's and store them for 30-40 years only to pull them out with 50-100 miles. You don't see that. But with the 93R everyone decided to do that, hence why its not as rare. Out of 107 I bet less than 15 were raced.

If more were raced than stored and some wrecked at the track then it would make the values jump. But right now they are safely tucked in garages.
93 Cobra Teal/Gray #3223 -Stock (Borla catback)




*various other 93 cobras, #15, #4105, #2587, #539
#2381, #4724, #298, #1153 RIP
cobramustang1993
Posts: 113
Joined: Mon May 31, 2010 4:48 pm
Location: MERIDIAN IDAHO

Re: 2-1993 Cobra R's for Sale at Gateway Classic Cars St. Lo

Post by cobramustang1993 »

Sorry to disagree with the "racing history" folks, who think that Raced Cobra R's will be more valuable than low-mileage trailer queen cars....So few 93R's were ever raced and as such, with a short history with few wins, these raced-cars will never approach the value of ultra-low mileage unmolested R's with full documentation......Look at all your Mecum and Barrett-Jackson auctions, and you will find only a few raced-cars that bring mucho bucks.....Most are offered with high reserves, and go back to the barn with the reserve not met.............I have sold R's for 80K, and I have sold them for 50K.....And I feel that they will eventually be trending upwards in the future.....to what price is anyone's guess........I think the few R owners that have 15-30,000 mile cars are the real lucky ones, because they can drive, race, and abuse the R's like they were designed for by Ford and SVT...........

Sandy
dbrennancobra
Mustang Enthusiast
Posts: 5090
Joined: Wed Sep 09, 2009 12:52 pm
Location: New Hampshire

Re: 2-1993 Cobra R's for Sale at Gateway Classic Cars St. Lo

Post by dbrennancobra »

I think wrappers will continue to bring good money, but cars like the original 93 steeda R.. That will bring BIG $ someday at auction
2004 svt Cobra Mystichrome Convertible STOCK
1967 mustang Coupe STOCK Red/Black - SOLD
1993 Cobra STOCK Red/Black #1264 SOLD
[youtube2] http://www.youtube.com/watch?v=s_2pl2ye ... e=youtu.be [/youtube2]
User avatar
SPEEDFREEK
Posts: 2211
Joined: Sat Aug 11, 2007 4:15 pm
Location: Morganton NC
Contact:

Re: 2-1993 Cobra R's for Sale at Gateway Classic Cars St. Lo

Post by SPEEDFREEK »

Yea there will be no comparison to a true raced car that was documented and campaigned as it was intended. I'm not talking a Joe blow who took a R and started tracking it but a true ordered by a race team as intended and documented raced car. There cant be more than 20 or so of them in existence if that many. PS DB I tried to buy the Steeda Car at the 50th and it's not for sale.
89 Saleen SSC #168 10k miles
90 Saleen Vert #93 26k miles
92 Cobra Prototype 8k miles
93 Cobra #3032 Teal/gray cloth 6k miles
93 Cobra #3620 Black/Gray leather 12k miles
93 Cobra #4993 Teal/Gray Leather
93 Yellow SE 5spd, 4k miles
93 5.0 coupe 19k miles
94 GT 7k miles
92 25th 1LE Z28 900 miles
User avatar
aaronlstiles
Posts: 2744
Joined: Thu Mar 08, 2007 9:37 am
Location: Utah

Re: 2-1993 Cobra R's for Sale at Gateway Classic Cars St. Lo

Post by aaronlstiles »

Well, I know from past experience true 93R race cars dont bring more money.

I owned Kris Kauffman's old 93R scca car. It only had 2500 race miles on it, I bought it with the original motor, NO TRANS, put it back together. The car looked as good as any 93R with 2500 miles on it. And it only sold for 40K It had more SCCA race hours then all the Steeda cars.

I also owned 93R #19, Ford press car, sold with NON original MOTOR, but original trans with 42K miles on it for 46K but that was 7 years earlier than I had Kriss's old Race car. FYI, Kris owned #19 original as well.

So it's hard to say.

As for prices. 93r's have already seen over 100K 8 years ago wrapper cars where selling for 80 to 100K when the economy fell they dropped by 50%

As for where prices are going who knows. Only time will tell, I can only compare what I have owned and seen sold.
User avatar
aaronlstiles
Posts: 2744
Joined: Thu Mar 08, 2007 9:37 am
Location: Utah

Re: 2-1993 Cobra R's for Sale at Gateway Classic Cars St. Lo

Post by aaronlstiles »

cobramustang1993 wrote:Sorry to disagree with the "racing history" folks, who think that Raced Cobra R's will be more valuable than low-mileage trailer queen cars....So few 93R's were ever raced and as such, with a short history with few wins, these raced-cars will never approach the value of ultra-low mileage unmolested R's with full documentation......Look at all your Mecum and Barrett-Jackson auctions, and you will find only a few raced-cars that bring mucho bucks.....Most are offered with high reserves, and go back to the barn with the reserve not met.............I have sold R's for 80K, and I have sold them for 50K.....And I feel that they will eventually be trending upwards in the future.....to what price is anyone's guess........I think the few R owners that have 15-30,000 mile cars are the real lucky ones, because they can drive, race, and abuse the R's like they were designed for by Ford and SVT...........

Sandy
Damn, did we actually agree on somehting
User avatar
SPEEDFREEK
Posts: 2211
Joined: Sat Aug 11, 2007 4:15 pm
Location: Morganton NC
Contact:

Re: 2-1993 Cobra R's for Sale at Gateway Classic Cars St. Lo

Post by SPEEDFREEK »

Sure not at this point in time I'm talking down the road. 20 years form now you will be able to find a 93 R if you want one. 93 R racers will be few and far between if you can find one.
89 Saleen SSC #168 10k miles
90 Saleen Vert #93 26k miles
92 Cobra Prototype 8k miles
93 Cobra #3032 Teal/gray cloth 6k miles
93 Cobra #3620 Black/Gray leather 12k miles
93 Cobra #4993 Teal/Gray Leather
93 Yellow SE 5spd, 4k miles
93 5.0 coupe 19k miles
94 GT 7k miles
92 25th 1LE Z28 900 miles
Post Reply