Detroit Showroom

15011 S. Commerce Dr, Dearborn, MI 48120

Used 2004 Ford Mustang SVT Cobra Base

3,427 miles
For Sale:$72,000
Estimated payment:$1,633/mo.
$0 trade-in, 10% down payment, 48 months, Great credit score

Value ChartA visual chart indicating the fair price range is between $38,300 and $44,900, while the current price is $72,000.$38,300 - $44,900$72,000
  • Priced at $72,000, this vehicle is $27,100 above the high end of its fair market value of $44,900.

  • The current fair market price range is between $38,300 to $44,900.

  • It has 3,427 miles, which is 35,573 (91%) below the median mileage of 39,000.

Note: This is an estimate based on a variety of factors (experimental feature). It is intended to provide a fair market value range to help guide your buying decision.

View Full Value Report
  • Car
  • Convertible
  • Fun to Drive
  • Condition
    Used
  • Mileage
    3,427miles
  • Aggregate Ratings
    3.2
    3.2 out of 5 stars
  • Generation
    2(1994 - 2004)
  • Trim
    Base
  • Drivetrain
    Rear Wheel
  • Transmission
    6-Speed Manual
  • MPG
    15 city22 highwayMax range: 330 miles
  • Exterior Color
    Mystichrome (Gray)Factory Paint Code:G6
  • Interior Color
    Black/Mystichrome
  • Roof Color
    Black Factory Paint Code:A
  • Upholstery
    Leather
  • Doors
    2
  • Max Seating
    5
  • Max Towing Capacity
    0lbs.
  • Final Assembly Point
    Dearborn, Michigan
  • VIN
    1FAFP49Y84F163462
  • Starting MSRP
    $39,865

Engine4.6L V8 Gasoline 390hp

  • Fuel Type:Gasoline
  • Max Horsepower:390 hp @ 6000 rpm
  • Power to Weight Ratio:9.69lbs/hp
  • Max Torque:390 ft.lbf @ 3500 rpm
  • Displacement:4.6liters
  • Block Type:V
  • Cylinders:8
  • Aspiration:Supercharged
  • Fuel Induction:Fuel Injection
  • Cam Type:DOHC
  • Valves:32

Message from the seller

Gateway Classic Cars of Detroit is proud to present this beautiful 2004 Ford Mustang Cobra. Just at first glance, you can tell this isn't just your average Mustang, or even an average Cobra. Dubbed the "Terminator" Cobra, this machine is pushing out 390hp from the Eaton Supercharged 4.6L DOHC 32 valve V8 mated to a Tremec T-56 6 Speed transmission putting power to the 3.55 Rear end Gears with a needed upgraded of 31-spline half shafts. The Independent Rear Suspension (IRS) was also upgraded with revised upper and lower control arms to handle the power increase. The tires have been upgraded to Nitto NT555's for extra grip.Vibrant colors have been a part of the Mustang's history since it's beginning, with colors such as Grabber Blue, Screaming Yellow, and Twister Orange which each have their own following in some way. But one color (or colors), in particular, has stood out from anything any other car manufacturer has produced, even to this day. Finished in the ultra rare color changing Mystichrome paint, with just 495 Convertibles made this year and just 515 coupes. A mix of blue, green, purple, brown, and black hues, Mystichrome was one of the most complex paint jobs ever offered on any car. SVT worked directly with Garden State Tanning to get the Mystichrome color in the leather inserts found on the Cobra's Front and rear seats. The Mystichrome leather production process required dying the leather black, then spraying the Special Mystichrome paint directly onto the leather, finally sealing it with clear to protect/prevent damage to the color-changing seat inserts. The steering wheel also had the Mystichrome color at the 2, 6, & 10 o'clock positions for a stand-out and unique appearance. It gets better! With just 3,428 miles on this car, it looks like it just left the factory and has a clean CarFax to back those miles up. Both inside and out at any angle are in very great condition. Options include: A/C, AM/FM/Cassette/CD stereo, automatic convertible top, cruise control, power brakes, power steering, power locks, power seats, power windows, power mirrors, ABS, tilt wheel, keyless entry, and airbagsIf you're looking for a future classic, unique, low mile, convertible Mustang Cobra "Terminator" look no further! Located in the Detroit showroom, come see this beauty in person or call (313)-982-3100 for moreinformation. You can always email us as well at Detroit@gatewayclassiccars.com

  • Comfort & Seating:

    • Power Seats
  • Entertainment:

    • Premium Audio

2004 Ford Mustang SVT Cobra

The 2004 Ford Mustang SVT Cobra represents the pinnacle of the Mustang's fourth generation (SN95), a thrilling send-off to a beloved era. Developed by Ford's Special Vehicle Team (SVT), this iteration of the Cobra was a significant performance upgrade over its predecessors, solidifying its place as a modern classic among muscle car enthusiasts. It offered a potent blend of raw power, refined handling, and distinctive styling that captivated buyers seeking a more serious performance machine.

Highlights

  • Engine: At the heart of the 2004 Cobra lies the legendary 4.6-liter DOHC 32-valve V8 engine, supercharged and intercooled. This potent powerplant, codenamed the "Terminator" by enthusiasts, produced a formidable 390 horsepower and 400 lb-ft of torque. The addition of the Eaton M112 supercharger provided a significant boost in power and torque, offering exhilarating acceleration and a distinctive supercharger whine. This was a substantial leap forward from previous Mustang offerings, making the Cobra a truly potent performer.
  • Safety Features: While performance was paramount, Ford did not entirely neglect safety. Standard safety features for the 2004 Cobra included:
    • Anti-lock Braking System (ABS): This system prevents wheel lock-up during hard braking, allowing the driver to maintain steering control and reduce stopping distances, particularly on slippery surfaces.
    • Front-Seat Side-Impact Airbags: Providing additional protection for occupants in side-impact collisions.
    • Three-Point Seatbelts with Pretensioners: These seatbelts automatically tighten during a collision, holding the occupant more securely in their seat and minimizing forward movement.
    • Driver and Passenger Airbags: Standard frontal airbags to cushion occupants in head-on collisions.
  • Trims: The 2004 Cobra was offered in a single, highly focused Cobra Coupe trim. This monolithic offering meant that virtually every performance-enhancing feature and desirable amenity were standard. This simplified the buying process and ensured that buyers were getting the full SVT Cobra experience without complex option packages.
  • Other Notable Aspects:
    • Independent Rear Suspension (IRS): A significant mechanical upgrade from the solid rear axle of earlier Mustangs, the IRS significantly improved handling, ride quality, and traction, particularly when cornering. This made the Cobra a more capable and confidence-inspiring car on winding roads.
    • Brembo Brakes: The Cobra was equipped with high-performance Brembo front disc brakes, offering superior stopping power and fade resistance, essential for a car with this level of performance.
    • Distinctive Styling: The 2004 Cobra featured a unique SVT-designed body kit, including revised front and rear bumper covers, side skirts, a rear spoiler, and distinctive Cobra badging. These visual cues set it apart from standard Mustangs and hinted at its enhanced performance capabilities.
    • Performance-Oriented Interior: The interior featured supportive sport seats, often with leather and suede accents, and SVT-specific gauges and badging, creating a driver-focused cockpit.

What to Expect

Owning a 2004 Ford Mustang SVT Cobra is generally an experience that rewards enthusiasts with thrilling performance and a visceral driving connection.

  • Ownership Experience: Expect a raw, engaging driving experience. The supercharged V8 delivers potent acceleration, and the audible supercharger whine adds to the character. The IRS contributes to more refined handling than previous generations, but it's still a rear-wheel-drive muscle car that demands respect. The car is known for its direct steering feel and a firm ride, which some may find less comfortable for daily commuting. It's a car designed for spirited driving and weekend enjoyment.
  • Maintenance: As a performance-oriented vehicle, the Cobra can be more demanding in terms of maintenance. Regular oil changes with high-quality synthetic oil are crucial, especially given the stress of the supercharger. Spark plug changes, supercharger belt inspections and replacements, and fluid checks for the supercharger and differential are also important. Brake component wear will likely be higher due to the car's performance capabilities. Finding qualified mechanics familiar with SVT vehicles can sometimes be a consideration, though many independent shops are well-versed in these cars.
  • Insurance: Insurance premiums for a 2004 SVT Cobra can be higher than for a standard Mustang or other less performance-oriented vehicles. This is due to its higher horsepower, higher replacement cost (when new), and its appeal to drivers who may be more inclined to drive it aggressively. Factors such as driver age, driving record, location, and the insurer's specific policies will significantly influence the cost.

Potential Considerations

While the 2004 SVT Cobra is a desirable performance car, potential buyers should be aware of a few aspects:

  • Ride Comfort: The firm suspension setup, necessary for its handling prowess, can result in a less comfortable ride over rough roads or for long-distance commuting. Road noise can also be more pronounced than in a standard Mustang.
  • Interior Materials and Fit-and-Finish: While the interior has performance-oriented enhancements, some of the materials and overall fit-and-finish might not feel as premium as some competitors from European manufacturers. This is a common characteristic of American performance cars of this era.
  • Heat Soak: Like many supercharged cars of this vintage, the Cobra can be susceptible to heat soak, where the intercooler's efficiency decreases under prolonged hard use in hot weather, potentially leading to a slight reduction in power.
  • Age-Related Issues: As a vehicle approaching two decades old, expect potential age-related issues. This can include minor electrical gremlins, aging rubber components (hoses, bushings), and potential wear on drivetrain components if not properly maintained. Thorough pre-purchase inspections are highly recommended.

Overall Summary

The 2004 Ford Mustang SVT Cobra stands as a legendary final chapter for the SN95 generation, a testament to SVT's engineering prowess. Its supercharged V8 engine delivers breathtaking performance, while the independent rear suspension elevates its handling capabilities to new heights. It offers a raw, engaging, and exciting driving experience that continues to captivate enthusiasts. While it demands more attention to maintenance and offers a firm ride, its potent blend of power, handling, and iconic Mustang styling makes it a highly sought-after classic for those who appreciate American muscle with a serious performance edge.

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Listed on November 14, 2025 (5 months ago)
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This Used 2004 Ford Mustang SVT Cobra Base is available for drivers in Detroit, Warren, Sterling Heights, Dearborn, Ypsilanti, Clinton Township, Canton, Livonia ...