I am thinking about getting an 03 Cobra and I was wondering what everyone thought was a good value for an 01L with 20000 miles on it, excellent condition.

Cory

 

I just did a quick check on Edmunds.com. If you have a tonneau, figure on $24500. Subtract $170 if you don't.

That sounds reasonable to me. I like using Edmunds instead of Kelly Blue Book, there estimates are more in line with what people tend to pay.

Bob

 

Thanks!!

 

It's gonna vary by region.I got $27k for my '01,although that was in March and it only had 6500mi.Our Cobras out here are marked up over MSRP $3-5k!-Good luck!

 

That's true. The Edmunds quote takes that into account, asking for the zip code. Here in Michigan where anyone can just about get a-plan, you'd be really lucky to get $24k.

Bob

 

I just went through this so it's still fresh in my mind. . .

No matter how they 'shift' the dollar figures around to make the deal work, your truck should get you no less than 29k on a trade in. I personally got significantly more than that when I traded in my '99 with 37,000 miles on the clock, so you should be in even better shape than I was.

Don't haggle with the dealers. These vehicles are worth every penny and their value isn't dropping very much (if at all). The dealer will make their money re-selling your truck. They are making a load of cash off of you selling you the Cobra. So let them make the effort to attract you.

They'll try to low-ball you, and throw these WHACK deals in your face. . .but in the end if you are FIRM. . .they'll crack and give you the real deal. The one where everybody wins, not just them.

Hope this helps. . .

-->WrongdayJ

 

I also live in a very A-Plan environment which skews the numbers some, but I got $22,000 for a 2000 with 35K miles and a monster box installed, all service reciepts and new tires.

For what it's worth,

G