Before I ask my thread's topic question about insurance let me tell you a story:
Just like the live action movie of Transformers, when I was in sophomore year of high school my dad had promised to buy me a car when I got my license tied to some conditions.
What were the conditions? Obtaining a GPA for the semester with at least a 3.8+ and saving at least $2000 in my bank account.
Well being 16 and being promised with a car, I worked my ass off of course!
Shortly after, dad takes me over to a Ford dealership (Landmark Ford) who's specialty was selling Saleen Mustangs and SVT Cobras. My dad did the whole trick of driving up to a beautiful blue Saleen Mustang and fooling me that he was snagging one of those. After freaking out, I look to my dad who's standing there laughing with the dealer and telling me "yeah right." (insert sinking SFX)
They then take me to the BACK LOT where originally he came there for a white fully loaded V6 AUTOMATIC. But while the old bastards were discussing business I noticed this rain-marked dirty black coupe right next to it. It was almost BARE minimum. No floor mats, regular stereo, stock alloy wheels and no rear spoiler. BUT, it was a 5 speed. I at least had the decensy to explain I'd rather have the 5 Speed than an auto. (I am so glad I did).
It was a steal of a deal for $12K with only 10 miles on the thing. It was my first car. I've had many trials and tribulations with it.
I'm now 23. She has 46K miles on it and some minor mods but nothing ridiculous. After years of people coming up and asking me "Why didn't you get a GT?" or "Is that a Cobra?" or me having to explain "It's just a V6". I'm sick of it, it's a curse.
I was actually aiming for a Subaru Sti, but I'm still attached to my Mustang! And recently I've been snake bit. It's the beginning of summer and all those Terminators are stalking and roaring down the streets. It doesn't help that I'm finding GREAT deals for Cobras on the local classifieds. I'm still debating on the Sti and a SVT.
So NOW to my topic. I know the Sti costs like a new car payment to insure, how much does a SVT Cobra run for a 23 year old with no records/tickets? I'm still a student and yeah, I keep up with my grades.
Also I believe realisticly a 99 or 01 NA SVT Cobra is in my price range even though I'd LOVE to have a 03' Terminator.
I would LOVE your guy's feedback with your all knowing Cobra snake bit minds!
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Modifications:
Internal Hamster Chamber Block Powered by 6 Teddy Bear Hamsters. Stand alone Rat Wheel Spooled InterKoolaid Twin Turbo System. 2 X NOS Stickers that add 20WHP each. Dual Folger's Coffee Can Exhaust upgrade. Wal*Mart Spinner hubs. Future Modifications:Direct Mentos Diet Coke Injection System. And some cheetos. (actually, the cheetos aren't for the car, they just sounded good.)
In 2007 I got a 01 Cobra convertible and they messed up the car info and had it as a 07 GT. I don't know if it really was the cost for insuring a new car but when they changed the description it still cost the same. They did tell me that the cost was because smaller number of cars equals repair parts are harder to get. I have about 10 years on you and one car accident, I ruined a perfectly good 01 GT convertible. I am now paying about $600 for 6 months in sunny Florida.
If you want to get a better Idea find a VIN number off eBay or AutoTrader and get some quotes with it. They are just quotes so you do not have any commitments.
i am 21 currently serving in the military and have a 98 cobra. i have USAA which in my opinion is the best insurance you can get and i pay about 70 a month for full coverage. i hope this helps you. oh by the way i have like 2 or 3 speeding tickets on my record and 3 or 4 expunged.
depends on what type you are getting and where you live..
in 03 we got our cobra..in new jersey.good records and they quoted us 2grand...yea right...
we paided cash for the car and have only liabilty and we pay about 425 for the year...its a risk but its been 7 yrs now so we saved 14000 if not more by now...but we also live in texas now and stuff is way cheaper here...
usaa is here and yes they are the best that ive heard of...if things didnt change over the years usaa gives a return check every year,,
im 20 years old and i had 4 strikes against my insurance then i got my 2003 svt cobra...i pay right around 3000 a year which is 288 a month, thats in MA though, and insurance varies by state too.
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2003 SVT Cobra 10th Anniversary Edition Black Convertible
Supercharged with Pully Kit
K&M Cold Air Intake
SCT Multi Program Eliminator Chip
Bassini Exhaust System
2 - 12" JL Audio Subwoofers
Kenwood Navigation System on the way!!!!!!!!
Well the price is going to vary widely depending on many factors, the main one being if the car is financed or not and where you live,if financed it will be higher since you have to carry full insurance, if you own it free and clear you can go with less insurance and higher deductibles...generally V8s and being young = sky high premiums, that STI might be even higher!
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"Goose, Hollywood's fine, I want Viper"
1995 Mustang GT Cnv 347(427 stroker being built!) almost done!
1996 Cobra with Kenne Bell 2.1 Supercharger and every other conceivable part you can bolt on it...650hp upgrade in the works
2003 Infiniti M45 V8 340 hp...a methadone treatment for reformed Mustang drivers
I pay $120 full coverage on my 1998 and $200 on my 03 cobra a year!
250/500 agreed value. Collector car policy.
Get the lowest limits by law 15/30? and a higher deductable for affordable insurance at your age
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1988 coupe race car 2700lbs 366rwhp
1965 2+2 fast back 4 speed tri power
1968 gt/cs 347 5 speed
1970 mach 1 428scj 4 speed v code 410 rwhp stock
1990 gt drag car 780hp on motor
1994 gt, 1998 svt cobra
2003 svt cobra 456rwhp
Full coverage with my 4Runner($500 deductible) and Cobra($250 deductible) is $100 a month. If i bump them both to a $1000 deductible, it would be like 40 bucks a month.
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1995 Mustang GT-Heavily Modded-Sold 2003 Ford Lightning-Sold 1997 Saleen-5.4 conversion-Sold 2005 Mustang GT-Torch Red-Sold 2003 Mustang Cobra-Oxford White 2003 4Runner V8 Sport Edition 4X4
Full coverage with my 4Runner($500 deductible) and Cobra($250 deductible) is $100 a month. If i bump them both to a $1000 deductible, it would be like 40 bucks a month.
Full Coverage for my 99 Cobra is about $85 a month!
I hear ya, full coverage on my 99 Cobra vert is like $70/month. I'm thinking about switching to Haggerty, they quoted me $285/yr, with an agreed value of $25k. But I'm only allowed like 3k miles/yr. $285 is cheap but even though I don't drive mine much, 3k miles per year isn't much.
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C&L 80mm mass air and True Flow pipe, Mac CAI, BBK 65mm tb, Steeda non-piggy back ud pulleys, MGW shifter, RAM HD clutch and aluminum flywheel, 3:73 gears, 2.5" Dynomax o/r x pipe, 3" MAC cat back system w/ 3 1/2" tips, Kenny Brown(front and rear strut tower brace, caster plates, subframe connectors,extreme matrix brace,jacking rails, torque brace, lowering springs), Bilstein shocks, 03-04 Cobra(side scoops, rear bumper cover, top), 6pt roll cage, white FR500's, FMS 2000 Cobra R air dam.
A GT's rates will be lower due to the stated HP from the Factory! And I see lots of guys using Hagerty etc.. with mileage limits, how about just regular companies? I'm right at $1000 a year for my Cobra (full Coverage)and 98 Jeep Grand Cherokee Laredo 4X4 (Basic Coverage) Do you think I can beat this price somewhere else? I'm late 30's with no tickets for a couple years.
buy american i dont care if u buy a cobra or a gt or keep ur six screw foriegn cars buy the way american cars run FOREVERRRRRRRRRRRRRRRRRRRRRRRRRRFR!!!!
Let's talk about... Insuring a Cobra 
