Used Cobra's On The Lot

Dnewell1

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Sep 1, 1998, 3:00:00 AM9/1/98

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Well it appears that Bob Turner's Ford Country here in Albuquerque (I think
someone else in this newsgroup thingamajig is from Abq) has a '97 Cobra for
sale. It has 11,000 miles on it, blk/blk coupe, good shape, tires half worn,
asking $24,000 for it.

Here's my questions:

First, I expect there to be a few '97's on the lots when the '99 Cobra's are
released due to trade-in's (notice I didn't say "trade-up" because that's still
debatable). But what would motivate someone to trade in a '97 Cobra with 11k
miles on it now? I can think of two reasons: (1) it's a lemon or (2) it was
traded in for a ragtop. Anyone have any other ideas?

Second question is what do you think is a fair price for it? '98's are
stickering for $26,300. I'm thinking maybe $22k? Oh, and here's what the
Kelly Blue Book is worth - they said resale retail is $27,000 for the '97.
Duh! I wish they had N.A.D.A. online. KBB is sometimes useless at t*ts on a
boar.

Well thanks for the info y'all.

Dave
"As the road opens up in front of my eyes, fuel pumping gasoline in my
mind...." - The Alarm

Frank Kurucz

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Sep 1, 1998, 3:00:00 AM9/1/98

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Dnewell1 wrote:
>
> Well it appears that Bob Turner's Ford Country here in Albuquerque (I think
> someone else in this newsgroup thingamajig is from Abq) has a '97 Cobra for
> sale. It has 11,000 miles on it, blk/blk coupe, good shape, tires half worn,
> asking $24,000 for it.

Here is my suggestion: Get on I-25. Drive to Denver. Get a new 98
Cobra
for what they are asking for that 97. Call Courtesy Ford (sorry, I
don't
have their number handy)

>
> Here's my questions:
>
> First, I expect there to be a few '97's on the lots when the '99 Cobra's are
> released due to trade-in's (notice I didn't say "trade-up" because that's still
> debatable). But what would motivate someone to trade in a '97 Cobra with 11k
> miles on it now? I can think of two reasons: (1) it's a lemon or (2) it was
> traded in for a ragtop. Anyone have any other ideas?

Lost his/her drivers license. Lost his job. Couldn't afford the
insurance. Bought a Viper. Who knows?

> Second question is what do you think is a fair price for it? '98's are
> stickering for $26,300. I'm thinking maybe $22k? Oh, and here's what the
> Kelly Blue Book is worth - they said resale retail is $27,000 for the '97.
> Duh! I wish they had N.A.D.A. online. KBB is sometimes useless at t*ts on a
> boar.

A quick glance at the Rocky Mountain New (http://www.insidedenver.com/)
shows
that Denver dealers are asking 22K for a car such the one in question.

Frank

Mustang Marty

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Sep 1, 1998, 3:00:00 AM9/1/98

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Frank Kurucz wrote in message <35EC75...@hp.com>...

>>
>> First, I expect there to be a few '97's on the lots when the '99
>>Cobra's are released due to trade-in's (notice I didn't say "trade->>up"
because that's still debatable). But what would motivate >>someone to trade
in a '97 Cobra with 11k miles on it now? I can >>think of two reasons: (1)
it's a lemon or (2) it was traded in for a >>ragtop. Anyone have any other
ideas?
>
>Lost his/her drivers license. Lost his job. Couldn't afford the
>insurance. Bought a Viper. Who knows?

Got Married. Baby on the way. Repo.

If you are really interested, have a reuptable shop take a look at it.
Buyers inspections are inexpensive.....

{

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Sep 1, 1998, 3:00:00 AM9/1/98

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I have found in ABQ that KBB is worthless. A guy at Bob Turner told me
that no one uses it in town. (At least when the figure your trade.)

Michael J. Stepanek

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Sep 2, 1998, 3:00:00 AM9/2/98

to

>Well it appears that Bob Turner's Ford Country here in Albuquerque (I think
>someone else in this newsgroup thingamajig is from Abq) has a '97 Cobra for
>sale. It has 11,000 miles on it, blk/blk coupe, good shape, tires half worn,
>asking $24,000 for it.

$24K? You could almost get a '98 Cobra (brand new, with ~0 miles) for almost
that little if you sat there and argued with the guy enough. I'm sure some
fool will still buy it, though.

RRLS10

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Sep 2, 1998, 3:00:00 AM9/2/98

to

>Well it appears that Bob Turner's Ford Country here in Albuquerque (I think
>someone else in this newsgroup thingamajig is from Abq) has a '97 Cobra for
>sale. It has 11,000 miles on it, blk/blk coupe, good shape, tires half worn,
>asking $24,000 for it.
>

>Here's my questions:

>
>First, I expect there to be a few '97's on the lots when the '99 Cobra's are

>released due to trade-in's (notice I didn't say "trade-up" because that's

>still
>debatable). But what would motivate someone to trade in a '97 Cobra with 11k
>miles on it now? I can think of two reasons: (1) it's a lemon or (2) it was
>traded in for a ragtop. Anyone have any other ideas?
>
>

Traded on a Vette or Viper, Drug bust seizure, used in a crime, General
Manager's Car.

You name it.

Oh and that is waaaaay to overpriced.

-Randy

Jared Rude

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Sep 2, 1998, 3:00:00 AM9/2/98

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$24000 for a 1997 cobra is way to high. Don't buy it for that price. They
sell in South Florida for around $20000 - $21000 from dealers and less from
people advertising in the newspapers.

KBB is full of crap in most cases. Try http://www.edmunds.com Granted, the
dealers have their own little books they use to determine trade in and
retail values. By the way, the NADA books available from Barnes & Noble etc.
are the "Consumer Edition" which ony lists retail values for cars and not
wholesale or trade in values. What a scam they have going. Dealers publish
the prices they sell their cars for and then advertise the prices as
accurate. It's kind of like me hacking into the human resources computer at
work and giving myself a raise.

And by the way, the used Cobras (and new ones too) down here aren't selling
nearly as well as the sales people would like you to believe. This may be
the case where you are as well. Try to talk them down on price.

--
Jared Rude
1990 LX 5.0
nospam...@bellsouth.net
remove "nospam_" to reply

Dnewell1 wrote

>Well it appears that Bob Turner's Ford Country here in Albuquerque (I think
>someone else in this newsgroup thingamajig is from Abq) has a '97 Cobra for
>sale. It has 11,000 miles on it, blk/blk coupe, good shape, tires half
worn,
>asking $24,000 for it.
>
>Here's my questions:
>
>First, I expect there to be a few '97's on the lots when the '99 Cobra's
are
>released due to trade-in's (notice I didn't say "trade-up" because that's
still
>debatable). But what would motivate someone to trade in a '97 Cobra with
11k
>miles on it now? I can think of two reasons: (1) it's a lemon or (2) it
was
>traded in for a ragtop. Anyone have any other ideas?
>

LeAnne Davis

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Sep 2, 1998, 3:00:00 AM9/2/98

to

{ wrote:
>
> I have found in ABQ that KBB is worthless. A guy at Bob Turner told me
> that no one uses it in town. (At least when the figure your trade.)

this seems to be true in Dallas also....

L
--
LeAnne Davis, CQE, CPT mailto:LeAnne...@ti.com
Mechanical Products Configuration Manager 972-952-5620
Raytheon SES Systems
Std Disclaimer: Ces avis sont les miens, obtiennent vos propres avis!
http://www.geocities.com/~fannincounty

Brian

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Sep 2, 1998, 3:00:00 AM9/2/98

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Dnewell1 wrote:
>
> Well it appears that Bob Turner's Ford Country here in Albuquerque (I think
> someone else in this newsgroup thingamajig is from Abq) has a '97 Cobra for
> sale. It has 11,000 miles on it, blk/blk coupe, good shape, tires half worn,
> asking $24,000 for it.
>
> Here's my questions:
>
> First, I expect there to be a few '97's on the lots when the '99 Cobra's are
> released due to trade-in's (notice I didn't say "trade-up" because that's still
> debatable). But what would motivate someone to trade in a '97 Cobra with 11k
> miles on it now? I can think of two reasons: (1) it's a lemon or (2) it was
> traded in for a ragtop. Anyone have any other ideas?
>
> Second question is what do you think is a fair price for it? '98's are
> stickering for $26,300. I'm thinking maybe $22k? Oh, and here's what the
> Kelly Blue Book is worth - they said resale retail is $27,000 for the '97.
> Duh! I wish they had N.A.D.A. online. KBB is sometimes useless at t*ts on a
> boar.
>

> Well thanks for the info y'all.
>
> Dave
> "As the road opens up in front of my eyes, fuel pumping gasoline in my
> mind...." - The Alarm

Go to
http://www.carmax.com

search for a Ford Mustang

They are selling used 96 Cobras coupes for $20,000.
The convertables are going for $23,000

Brian

Frank Kurucz

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Sep 2, 1998, 3:00:00 AM9/2/98

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Jared Rude wrote:
>

> KBB is full of crap in most cases. Try http://www.edmunds.com Granted, the
> dealers have their own little books they use to determine trade in and
> retail values. By the way, the NADA books available from Barnes & Noble etc.
> are the "Consumer Edition" which ony lists retail values for cars and not
> wholesale or trade in values.

Go to your bank or credit union. They probably have copies of the NADA
book for you to peruse. Warning: Even the NADA trade in value is often
higher than the going retail price.

Frank

DriveSpy

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Sep 2, 1998, 3:00:00 AM9/2/98

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>> KBB is sometimes useless at t*ts on a
boar.

I'll second that statement. I think KBB is really in bed with the dealers,
i.e. trying to make you think the initial price posted by a dealer is fair.
I wouldn't give 'em a dime over 22K for that 97. Average mileage and all.
Start at 21K.

Dennis G. Smith

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Sep 2, 1998, 3:00:00 AM9/2/98

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Frank Kurucz <frank_...@hp.com> wrote

>Warning: Even the NADA trade in value is often
>higher than the going retail price.

Did you mean that the NADA trade in value is often higher than the going
*wholesale* price? I assume no dealer will give you retail for your car
unless he's really sticking it to you on the new car you're buying.

Dennis

Frank Kurucz

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Sep 2, 1998, 3:00:00 AM9/2/98

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What I meant is that if you look in the Sunday paper, the price that
dealer and individuals are asking for some cars is actually lower
than the NADA trade in value (only some models).

The truth is that there are too many late model used cars on the
market, and this depresses prices.

Frank

TFrog93

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Sep 3, 1998, 3:00:00 AM9/3/98

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In article <6si1fh$5ud$1...@news-2.news.gte.net>, "Mustang Marty"
<mustan...@hotmail.xxx.com> writes:

>>Lost his/her drivers license. Lost his job. Couldn't afford the
>>insurance. Bought a Viper. Who knows?
>
>Got Married. Baby on the way. Repo.

Thought he'd try a "sporty car", but found out it was too much for him?
Decided that he'd much rather blend in with the minivan crowd? Too shy, and
didn't like all the attention he was getting? Or, a female who got tired of
all the guys hitting on her. Or someone who saw the new Beetle and thought,
"Now, there's a cute looking car!"

:()

Jared Rude

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Sep 3, 1998, 3:00:00 AM9/3/98

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Brian wrote

>Go to
>http://www.carmax.com
>
>search for a Ford Mustang
>
>They are selling used 96 Cobras coupes for $20,000.
>The convertables are going for $23,000

That's still to much. I believe Carmax is a scam as well. The are one of
those "no haggle dealers" who claim to give good prices as high as $1000
under NADA retail. I have one here where I live in Boynton Beach Florida and
also have visited the Carmax's in Ft. Lauderdale and Miami Florida.

What they never mention is that they ask the same price most traditional
type dealers ask for thier cars. The only catch is that Carmax won't haggle
on price when traditional dealers will. Who do you think will have a lower
price? Carmax who won't budge off the $20,000 price tag, or a traditional
dealer who drops the price below $20,000 really fast when you threaten to
walk.

They also claim to have less pressure situations and better dealer fees than
traditional dealers. They don't. Don't believe their lies. They rely on the
uneducated consumer to come in a buy a car from them under the belief that
they will get fairer treatment and a better price.

Don't expect a good deal on your trade from Carmax either. They appraised my
1990 LX with 102,000 miles for $1500 towards a $14,000 1996 Mustang GTS. Now
several other traditional dealers appraised my LX at $3500- $4000 trade in
towards a $18,900 1996 Cobra. Carmax is a scam that feeds on the uneducated
consumer.

Joe Breitenbach

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Sep 3, 1998, 3:00:00 AM9/3/98

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Same thing with AutoNation. The no-haggle places charge more in
general. Best thing is to do your homework and go into any dealer
knowing your final price. Simply put, don't buy a car if it's over your
price. If the dealer won't budge, go to another.

There's also a web site (price quote or price something...) that you can
name your price and they'll go out and find your car at that price for
you. There's a few strings attached, but it might be worth
investigating.

Joe
Calypso Green '93 5.0 LX AOD Hatch with a few goodies

Michael J. Stepanek

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Sep 3, 1998, 3:00:00 AM9/3/98

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>That's still to much. I believe Carmax is a scam as well. The are one of
>those "no haggle dealers" who claim to give good prices as high as $1000
>under NADA retail. I have one here where I live in Boynton Beach Florida and
>also have visited the Carmax's in Ft. Lauderdale and Miami Florida.

I have to agree. No-haggle dealing usually means you get screwed every time.
Why should the dealer haggle in those cases. BTW, most no-haggle dealers will
still negotiate, if you want. I still think that the only way to get a really
good price is to negotiate prices. Some folks get really screwed by the deal
so those of us who negotiate can walk away happy. It all evens out for the
dealer in the end.

NoOption5L

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Sep 4, 1998, 3:00:00 AM9/4/98

Mac

Dnewell1 wrote in message
<199809012206...@ladder01.news.aol.com>...

snip

Scott

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Sep 6, 1998, 3:00:00 AM9/6/98

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Mac Breck wrote:
>
> Reason #3:
>
> Some people are never satisfied with Anything. I used to be that way. The
> longest I ever kept a car was 3 years and 33000 miles. I'm currently trying
> to break out of that habit. The shortest I ever had a car was 8 months and
> 7400 miles ('95 IROC-Z with 5sp & L69).

I can beat that. I bought a new '85 Corvette and once a month I ran it
up to see how fast I could get it to go (153 mph). I also gutted the
converter and ditched the mufflers in favor of a couple of aftermarket
resonators so it was *loud*. After six months and 5k miles, the novelty
wore off and I got rid of it. Never put a plate on it because of the
high excise tax (used my old car's).

But I, too, have changed. I currently own a vehicle I bought new in '92
that now has over 82,000 miles on it.

Dnewell1

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Sep 8, 1998, 3:00:00 AM9/8/98

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Well Patrick, I went and drove that black '97 Cobra at Bob Turner's on
Saturday. You were right, it's tight. And sonuvabitch it's fast! They
weren't in any business to discount the price yet though. He told me $24,295.
Um, I think not. It was nice to drive though and maybe in a few weeks, they'll
drop the price and negotiate. What a car.

D.

SEEverist

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Sep 8, 1998, 3:00:00 AM9/8/98

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Dnewell1 wrote:

The last time I went to Evergreen Ford in Issaquah, WA, they had about 6 brand
new Cobras in several colors, and a convertible on the lot. One of the new
ones was priced down to around $24,500. It's been a couple months since I was
there, though.

Steve
'71 Buick GS 455
Had:
'86 5.0 coupe (ex-stater)
'88 5.0 coupe ( " " )
<a href="http://members.aol.com/SEEverist/GS.html">Steve's GS Page</a>

Duane Redding

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Sep 8, 1998, 3:00:00 AM9/8/98

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Here in SE lower MI, we have COBRAS on the lot from 98, at about 24,500 and
up. Its a buyers market if youre up to the trip.
See Jim Peters at Brighton Ford, he knows his cars - dont f%#@ with the
other guys.

Marc Warden

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Sep 10, 1998, 3:00:00 AM9/10/98

to

Hi Dave.

I don't see many if any used Cobras on Ford lots. (I do see new Cobras, for my
travels take me by a few Ford dealers around the area -- there are off hand I'd say
around 6 or 7 within a 20 mile radius of my house.)

Where I see lots of Ford Cobras, Saleens (well, one) and other hot (?) Detroit iron
is on BMW, Mercedes Benz, and Jag used car lots.

Used Cobras are not being traded in for new Cobras, but for new BMWs, Mercedes, or
Jags. Oh, and check out the dealers selling the most SUVs/trucks in town.

It is on these used car lots you'll find nice used late model Cobras. I've seen
nice used late model Camaros, Firebirds too.

Sincerely,

MarcW.

Dnewell1 wrote:

> Well it appears that Bob Turner's Ford Country here in Albuquerque (I think
> someone else in this newsgroup thingamajig is from Abq) has a '97 Cobra for
> sale. It has 11,000 miles on it, blk/blk coupe, good shape, tires half worn,
> asking $24,000 for it.
>

> Here's my questions:
>
> First, I expect there to be a few '97's on the lots when the '99 Cobra's are
> released due to trade-in's (notice I didn't say "trade-up" because that's still

> debatable). But what would motivate someone to trade in a '97 Cobra with 11k

> miles on it now? I can think of two reasons: (1) it's a lemon or (2) it was
> traded in for a ragtop. Anyone have any other ideas?
>

> Second question is what do you think is a fair price for it? '98's are
> stickering for $26,300. I'm thinking maybe $22k? Oh, and here's what the
> Kelly Blue Book is worth - they said resale retail is $27,000 for the '97.

> Duh! I wish they had N.A.D.A. online. KBB is sometimes useless at t*ts on a
> boar.
>

MarcW

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Sep 13, 1998, 3:00:00 AM9/13/98

to

Never say never. Update:

Just this AM driving by local Ford dealer and saw what I at first
thought was a '98 Cobra, white.

U-turned and came back and parked. Got my notebook out and walked over
to car. It's a '96 Cobra, with an excellent body, 14,000+ miles, 3
months/3,000 mile warranty offered by dealer, with a $100 deductible on
repairs, but 100% parts/labor.

Car has all the Cobra goodies including premium sound (CD player) and
premium tires/wheels. Tires look real good, lot's of tread still left.
ABS, all leather, power door locks/windows, A/C, cruise control. It's a
5-speed and I was under the impression cruise control only came with
automatics. Learn something everyday, if I'm not careful...

Dealer was closed but I think (reading between the numbers on the
windshielf stickers) the dealer's asking $25K for this baby. Sure looks
nice, and is my favorite color (white) and has low miles but I think
$25K is a might high...

If it were a little later in the year, I might be tempted, but just got
hit with a tax bill from '96 along with penalty and interest. It doesn't
pay to make math errors with the IRS...

Couple of new V6 and GT Mustangs on the lot. $22,000+ sticker price.
Looks like the GTs have Goodyear 'H' rated tires too, not the 'Z' rated
ones...

Sincerely,

MarcW.

MarcW

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Sep 13, 1998, 3:00:00 AM9/13/98

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SEEverist wrote:

>
> MarcW wrote:
>
> >Dealer was closed but I think (reading between the numbers on the
> >windshielf stickers) the dealer's asking $25K for this baby. Sure looks
> >nice, and is my favorite color (white) and has low miles but I think
> >$25K is a might high...
>

> That number is their high retail price. If you ever pay the number that's
> usually on the sticker (written backwards) between the year ex; 190005296
> (1996, $25,000) then you're a fool. That's usually (depending on lot) about
> $5000 over the minimum they'll take for the car.
>
> I'd say go in there (be sure you're ready to take it home) and tell them (this
> depends on the sales tax where you live, out here it's like 8.X%):
>
> I really want this car. I will drive it home for $21,000 out the door. Then,
> don't give in. Maybe, at that price you might be willing to get an extended
> warranty on it (might break an axle at the drags). Let them know that, but
> that you won't budge.
>
> They'll ask you to "help me out a little." Then say that you are, by selling
> it for $21,000 out the door, you'll get a sale this month. If I go home, you
> don't. Then they'll bring in the big gun (usually a finance manager, or senior
> sales person (or one of 50 sales managers). Tell them you will drive it home
> for $21,000 out the door.
>
> If they don't take it, walk out the door. But, be ready to be sidetackled in
> the lot by someone else trying to save the sale.
>
> This is how I got my Splash 4x4. I told them $10,500 out the door. I wouldn't
> budge, bought an extended warranty, and picked up my car later that night
> (works best if you aren't trading in though, another place to make up the lost
> $$$). I ended up paying $9600 + tax (and warranty that I didn't have to buy)
> for a '93 Ranger Splash 4x4 with 4.0l engine and everything but power door
> locks and windows with 49,000 miles on it in October of '97. I bought the
> warranty, since it seemed like too good of a deal.
>
> Check out Edmunds for that car today with a 98027 zip code, it's around $13,000
> there right now. It's around $12,000 on Microsoft's car point.
>
> I see it as a good deal.
>
> Good Luck,
>

I'm not in the market just yet for a Cobra. I'm still p*ssed at Ford for
all the problems my '96 GT has given me. Also, I'm waiting to see what
other cars come out. The Audi TT looks pretty good, the Corvette
hardtop, and the new Z3 coupe with the 2.8l six, the Lincoln LS8 (though
I think this comes with an auto only -- yeecch), even the new T-bird.

I may still end up replacing my GT with a Cobra (a new or good used one)
but I'm going to do some serious shopping/comparing first.

Sincerely,

MarcW.

A Better View

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Sep 13, 1998, 3:00:00 AM9/13/98

to

Would you really buy another '96 after all of the troubles with your current
'96? You guys with the '96 problems have me leary of that year. It seems
to be a problem time period. Just my intuition.

--
A Better View
Black '98 Mustang GT: 5 spd, no intake silencer, K&N, ported MAF,
3.27, 17" wheels, Mach 460
Homepage: http://web.wt.net/~bettervw/
MarcW wrote in message <35FC8B...@pop1.ibm.net>...
>SEEverist wrote:

SEEverist

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Sep 14, 1998, 3:00:00 AM9/14/98

to

MarcW wrote:

Good Luck,

Steve

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Sep 17, 1998, 3:00:00 AM9/17/98

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Dnewell1 wrote:

>>I was kinda shocked when i
>>see that prices in Albuquerque are so high! But then again, we have
>>everything
>>better here in the Northwest. :)
>>
>
>Except the sunshine. I lived up in Tacoma for a couple years and had to get
>out because I couldn't stand the rain! Other than that, it's great. The
>people are really friendly, lots to do, etc.

Hey dammit, it's been sunny for weeks, we were even into the mid 90's this
year! So why don't you just shut the f@$k up. You're lucky I'm so bored that
I can't get up from this computer, dammit.

=:-}

Dnewell1

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Sep 17, 1998, 3:00:00 AM9/17/98

to

>Hey dammit, it's been sunny for weeks, we were even into the mid 90's this
>year!

Uh oh, you know what that means......the rain is coming and it won't stop for
what feels like an eternity.

:)~

D.

SEEverist

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Sep 18, 1998, 3:00:00 AM9/18/98

to

Dnewell1 wrote:

The eternity started today somewhere between the time I got on the bus for
work, and got off work. (It was sunny when I went to get lunch though).

-This is weird, my post took over a day to make it up on the ng- That's the
second time this has happened to me lately. Also, the "From:" part of the
header was at the bottom instead of the top. Maybe I'm being censored for my
language?-